Industry News

vaccine

Vaccine efforts ramp up for residential builders in Ontario

The Residential Construction Council of Ontario has stepped up efforts to ensure that builders and workers know how to register for their COVID-19 vaccinations.
Lakestone

First condo coming to B.C.’s Lakestone community

The natural setting of Lake Country, British Columbia, inspired the architecture of what will become the first condo project in the Lakestone community located in the Okanagan Valley.
SOMA on Cambie

SOMA on Cambie rises in Vancouver

At 28,000 square feet, the development aligns with Vancouver’s overarching plan for higher density land use developments.
Ontario to tweak electricity rebate eligibility

Ontario to tweak electricity rebate criteria

Common area accounts registering more than 250,000 kilowatt-hours of consumption annually receive the rebate under a grandfathering provision that is slated to end on Oct. 31, 2021.
stress test

Stricter mortgage stress test won’t quell buying frenzy anytime soon

While it’s hard to predict the consequences of the new stress test, the move isn’t necessarily a silver bullet for a cooler housing market, experts say.
urban

Urban exodus in Ontario may be exaggerated

Small-town life appeals to only 18 per cent of big city residents who are considering selling their home in the next year.
Toronto Atmospheric Fund approved as delivery organization for EV charger funds

GTHA multi-res prioritized for EV charger funds

The Toronto Atmospheric Fund could soon be disbursing grants to help install about 300 electric vehicle chargers in public venues and multi-unit residential buildings throughout the Greater Toronto and Hamilton Area.
transitional general licensees

Ontario extends educational deadline for transitional general licensees

Ontario is extending the time that all transitional general licensees have to complete the education and exam requirements to apply for a general licence.
LeftBank

LeftBank condo in River District launching in June

The 34-storey LeftBank condo in the Don River area of Toronto is launching next month, ahead of an eight-month closure of the soon-to-be upgraded Don Valley River Trail.
EV

New guide demystifies EV charging in MURBs

A new educational guide aims to demystify the complex process of installing EV charging stations in multi-unit residential buildings.
Canderel

Canderel acquires prime Toronto site for development

Canderel announced it has purchased the 1.91-acre lot at 490 St. Clair Avenue West, on the northeast corner of St Clair Avenue West and Bathurst Street.
condos at the core of affordable recreational property

Condos anchor affordable recreational property

While Canadians may tend to entertain dreams of cottages, camps or cabins, condos are at the core of affordable recreational property options in many popular vacation areas.
energy training delivery agents sought for Canada's promised home retrofit program

Energy training delivery agents sought

Public agencies, not-for-profit organizations and private sector energy services providers are all expected to play a role in developing the workforce that will underpin Canada’s promised home retrofit program.
Quebec to put damper on fossil fuel heating

Quebec to put damper on fossil fuel heating

A draft regulation posted in the Gazette du Québec signals the government's intent to prohibit installation of fossil-fuel-fired boilers, furnaces and water heaters in “certain existing residential buildings” after December 31, 2023.
single-family rental

Tricon expands U.S. single-family rental platform

Tricon Residential announced it has formed a new joint venture with Pacific Life Insurance Company and a leading global investor to acquire newly built single-family rental homes in the U.S. Sun Belt.
Scarborough

Scarborough home values climb most during COVID

Properties purchased in Scarborough in the six months prior to COVID-19 have jumped in value by 25 per cent—appreciating more than other parts of Toronto, including the downtown core.
Quebec

More Quebec residents opt for country homes

More Québecois prefer a home in the country, according to new insights on residents' changing intentions since the pandemic began.