Industry News
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
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.
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 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.
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.
GTA home sales and listings down in April
Even though home sales in the GTA dropped 12.7 per cent in April compared to March, the market is still going strong.
Pandemic relief defrays Ontario insolvencies
Low interest rates, flexibility to defer payments and various government-funded programs synergized into what are characterized as “exceptional” circumstances in a recessionary period.
Brightwater launches Superkül-designed luxury townhomes
Each townhome contains a flex space on the upper level that connects to the rooftop terrace and is suited for an indoor/outdoor office, playroom or extra entertaining space.
Humber College to deliver CMRAO education program
Humber College will help develop and deliver the Condominium Management Regulatory Authority of Ontario's new education program for condominium managers.
Power system revenue transcends lockdown relief
It appears that seven weeks of COVID-19-related electricity rate relief for residential and small business customers did not adversely undermine Ontario power system revenue.
Feds greenlight ‘vacant home’ tax for foreign buyers
As of January 2022, the government is applying a 1 per cent annual tax on the value of non-resident and non-Canadian owned properties that are “vacant or underused.”
Manitoba tax rebate comes with rent freeze
About $248 million from the education levy will be returned to property taxpayers this year through 25 per cent rebates to residential/farm ratepayers and 10 per cent rebates to commercial/industrial ratepayers.
No electricity rate reprieve with this lockdown
There has been no rate relief with the latest stay-at-home imperative, but the Ontario Energy Board has extended the annual prohibition on electricity shut-offs during the cold months to cover much of May.
Global projects win grants through Elaina’s Sustainability Fund
Elaina’s Sustainability Fund has selected five organizations and individuals to receive the first round of grant funding.
Extreme sellers’ market expected to let up in 2021
Although potential homebuyers may face less competition as the year goes on, a housing supply crisis looms in the background as prices go up and the population grows.
The Moderne to be one of Hamilton’s tallest condos
This is the latest phase in converting the century-old Royal Connaught Hotel in Hamilton, Ont., into residences.
Canadians see dismal future for homeownership
Beyond the hot housing market, 36 per cent of the under-40 crowd are abandoning their dreams of ever owning a home.


















