Industry News
Ontario adds Associate Minister for housing
Michael Parsa takes on the new role of Associate Minister of Housing alongside Steve Clark, who stays in place as the Minister of Municipal Affairs and Housing.
Toronto basketball court revitalization project launches
Basketball courts in Toronto are tagged a refurbishment priority as part of a new initiative between Lifetime Developments and adidas Canada.
GTA new home market quiet in May
Total May new home sales of 2,549 units were down 40 per cent from May 2021 and 26 per cent below the 10-year average.
New report details steps to restore housing affordability
To achieve housing affordability for everyone in Canada by 2030, CMHC estimates the country will need an additional 3.5 million units.
Majority of Ontarians feel priced-out of own towns
A new study found 54 per cent of parents are not planning on helping their children buy a future home.
Largest mixed-use Forest Hill project in the works
Forêt will be the largest mixed-use project to rise in Forest Hill —a neighbourhood with an aging population potentially looking to downsize.
Vancouver approves Indigenous redevelopment
City of Vancouver has approved the Heather Lands project, the largest Indigenous-led redevelopment in the city.
Repeat winners figure in ENERGY STAR awards
The 10 recipients of the 2022 ENERGY STAR Canada awards for existing commercial and institutional buildings represent a balance of new and old, with five repeat winners from last year.
GTA home sales down 38.8% in May
Higher borrowing costs brought more balance to the Greater Toronto Area housing market in May, with home sales down on a monthly and annual basis and active listings up.
New designs for Frank Gehry’s 73-storey Forma
New renderings were revealed for Frank Gehry’s first residential tower in Canada and what will become his tallest building in the world.
83-acre Assembly Park officially launches in Vaughan
A multi-building community is moving forward in the downtown core of Vaughan, with an official launch to mark the expected 12-year build-out.
REMI Show 2022 promises forum on the future
REMI Show 2022 celebrates the resumption of in-person networking with the theme, Facing the Future TOGETHER, as it returns to the Metro Toronto Convention Centre, June 8th and 9th.
Second building launches at Highland Commons
The second building of the residential development will feature walk-up townhomes paired with units that range from studios to three-bedroom suites.
An industrial touch for Corktown condo in Hamilton
The design for Slate Asset Management’s two-tower project in the Corktown community of Hamilton will rise with a modern industrial vibe.
Climate advocates warn of extreme heat fallout
Property owners, managers, and communities all have a role to play when it comes to the irreversible reality of extreme-heat events.
Demand sizzles for Canada’s recreational properties
Home prices are anticipated to rise up to 20 per cent in recreational markets over the course of 2022.
Gas station in Upper Beaches being converted to condos
Windmill Developments is transforming an existing gas station and garage into a bike-centric, mid-rise development at Kingston and Courcelette Roads in the Upper Beaches area of Toronto’s East End.


















