Industry News

Tarion

Tarion issues new advisory to condo corporations

Tarion has issued a new advisory on mandated deadlines related to the Ontario New Home Warranties Plan Act.
COVID-19

COVID-19 resource for condo managers and boards

A new resource, available for managers and boards, offers a due diligent standard approach for fire, safety and security during the COVID-19 response.
key building services deemed essential in Ontario and Quebec

ON/QC: access to key building services assured

Building owners, managers and occupants can be assured that life-safety systems, telecommunications, elevators and HVAC can be maintained and repaired as necessary, and that janitorial and security staff are permitted on-site.
Ontario adopts flat electricity rate for 45 days

Ontario adopts flat electricity rate

With the government's request for people to stay home as much as possible, many residential customers had been racking up inescapable higher costs of consuming electricity during the daytime hours.
construction industry

Construction industry urges best practices for safety

With construction recently deemed an essential service by the Ontario government, industry members are promoting best practices to optimize safety.
open house

Realtors urged to consider open house alternatives

The Toronto Regional Real Estate Board is asking its realtors to stop conducting in-person open houses for the time being and consider virtual alternatives.
anxiety over COVID-19 could triggercleaning chemical mishaps

Beware the risks of cleaning chemical mishaps

Some basic chemistry lessons should be reiterated: mixing bleach with ammonia-containing or acid-containing products will produce a toxic reaction.
anxiety over COVID-19 could triggercleaning chemical mishaps

Beware the risks of cleaning chemical mishaps

Some basic chemistry lessons should be reiterated: any mixture of bleach with ammonia-containing or acid-containing products will produce a toxic reaction.
mortgages

Canada eases stress test rate for insured mortgages

Canada eased financing requirements for mortgages to boost the housing market and keep prices at bay.
smart technologies

Smart tech innovates design at Ten York Street

Tridel unveiled a new innovation suite at Ten York Street, equipped with an array of smart home technologies that blend into the interior finishes.
Montreal condo

Montreal condo to ‘showcase urban heritage’

A Montreal condo is rising directly above MAA Sports Club, a well-known heritage building in the Golden Square Mile neighbourhood
residential market

New trends to disrupt residential market, study finds

Canadian residential real estate is the next industry ripe for disruption, with new technology, innovation and business models poised to shift the sector.
luxury condo prices

Luxury condo prices rise amidst high demand

Luxury condo prices are on the rise in Toronto, Montreal and Ottawa where certain factors are creating limited inventory in high demand areas.
Junction

Marlin Spring’s mixed-use project in Junction to include condos

Toronto-based real estate firm Marlin Spring and Hines are slated to develop a 2.8-acre property in Toronto’s Junction Triangle.
LEED Platinum

Condo is LEED Platinum first for Toronto

Aqualina at Bayside is the first high-rise condo in Toronto to earn LEED Platinum certification.
water damage

Researchers develop new sensor for detecting water leaks

Water leaks are the leading cause of property losses in apartments, offices and other buildings, resulting in repairs and higher insurance premiums.
vacant homes in vancouver

Vacant homes in Vancouver down 15 per cent

The City of Vancouver says its Empty Homes Tax program appears to be working as the number of vacant homes decreased since 2018.