Industry News
Toronto eyes enforcement clout for EV spaces
Toronto’s commercial and multifamily landlords could be getting some enforcement clout beyond the honour system to discourage misuse of electric vehicle charging spaces in their parking garages.
Vancouver to gain more authority over landscaping
Proposed amendments to Vancouver’s charter would allow Council to set conditions for landscaping new development and hand off dog licence revocation to City staff.
Concert Properties appoints Ruth Legg VP of ESG
Ruth Legg has been named vice president of environment, social and governance at Concert Properties, effective March 26, 2024.
Edmonton housing market heating up
The Greater Edmonton Area’s housing market has been gaining momentum ahead of spring, showing residential sales increases since January.
Toronto opens resource for energy and water reporting
A link has opened for building owners to report their energy and water usage before the July 2, 2024 deadline.
Vancouver names Corrie Okell new GM of development
Corrie Okell has been named the new general manager of development, buildings and licensing for the City of Vancouver.
Task force urges collaborative action on housing and climate
A panel of housing experts have recommended 140 policy actions that could add millions of affordable homes in the next few years that are also low-carbon and climate-resilient.
GTHA condos under $500,000 increasingly scarce
The average condo in the GTHA now stands at $645,000, a stark difference from 2013.
New levy coming at Alberta land titles registry
A straightforward charge of $5 per $5,000 of value of transferred property and mortgage registration will come into effect to replace the current fee schedule for registering land titles.
Smart home technology draws fragmented feedback
A majority of surveyed residential owners and renters express openness to AI applications within their homes, but nearly a quarter of respondents are characterized as "wary and skeptical" about sharing data.
Myral Condominiums begins ascent in Longueuil
A tower on Montreal's South Shore will be the tallest residential project in the area.
$1.2 billion Beachlands project breaks ground
Construction has started on The Beachlands in Colwood, B.C. The $1.2 billion development will sit on 134-acres of oceanfront land.
Residential builders unveil key asks ahead of federal budget
Ontario’s residential builders are hoping that the upcoming federal budget includes specific measures to address housing supply and affordability.
Park & Main townhomes launching in Markham
The design of the homes aim to meet the intergenerational needs of the community.
Ontario instructs LDCs on EV grid connections
New standardized protocol for connecting electric vehicle charging facilities to the power grid will introduce an optional free preliminary consultation for commercial/multifamily landlords and condo corporations.
Plans for $800M luxury skyscraper in Toronto
Freed Developments has plans to construct a 60-plus storey skyscraper in Toronto complete with 100 five star luxury hotel rooms and 400 luxury condominiums that
Construction cost escalators still in play
Construction costs are generally highest in Vancouver across all multifamily categories, including low-, mid- and high-rise concrete buildings and low-rise wood-frame apartments up to six storeys.