Industry News
Equiton acquires land for TEN99 Broadview
Equiton has acquired land at 1099 Broadview Avenue for its third condominium development project in Toronto.
Record-high housing starts bolster supply in GTHA
According to new data from Urbanation, an increase in GTHA housing starts and completions over the past 12 months have led to higher vacancies.
Alberta leads provinces for housing starts in 2024
New data from CMHC shows that Alberta led Canada's provinces with 9,722 housing starts from January to March.
Canadian real estate icon David Podmore retiring
David Podmore, a Canadian real estate icon, will be retiring as chair of Concert Properties effective June 30, 2024.
New home sales in March continue record low trend
New condominium apartment sales were down 38 per cent from March 2023 and 73 per cent below the 10-year average.
SWTCH Energy announces new funding for EV infrastructure
Toronto-based SWTCH announced it has raised $27.2 million in new funding to enable the acceleration of EV charging infrastructure in multi-res buildings.
Toronto adopts renewed climate actions
The city adopted a new series of actions to reduce greenhouse gas emissions as it released its first Annual TransformTO Net Zero Progress and Accountability Report.
Budget 2024 misses the mark for first-time buyers
Thirty-one per cent of the cost of buying a new home is attributable to taxes, fees and levies, according to a study done by the Canadian Centre for Economic Analysis.
Housing plan falls short on climate resilience
Sustainability proponents are flagging missed opportunities to meet national climate commitments by 2050.
New measures announced in Canada’s Housing Plan
Calling it "the most comprehensive and ambitious housing plan ever seen in Canada," Prime Minister Justin Trudeau emphasized the new housing plan will lead to 3.87 million homes by 2031.
Major Victoria waterfront development proposed
The first rezoning submission for Victoria’s Arts and Innovation District by Reliance Properties will see a major mixed-use development.
Ontario introduces new ‘cutting red tape’ legislation
Ontario introduced new legislation to cut red tape and build at least 1.5 million homes by 2031, the government announced on Wednesday.
Construction labour crunch at odds with housing targets
Canada’s residential construction industry will need to attract more than 1,030,000 workers in order to reach 5.8 million housing starts.
Metropia breaks ground for Union City under new president
Metropia broke ground Wednesday for its Union City condo community in Markham.
Next phase begins for Bravo Condos in Vaughan
Menkes and QuadReal have started construction on the next phase of the largest mixed-use development in the Vaughan Metropolitan Centre.
Canada pledges $6B housing infrastructure fund
The Government of Canada is launching a new $6 billion Canada Housing Infrastructure Fund to help accelerate critical housing infrastructure.
Manitoba security system purchasers to get rebate
The Manitoba government is delivering on an election campaign promise to provide a $300 rebate on the purchase of a business or home security system.


















