Industry News
Don’t widen municipal land transfer tax: OREA, TREB
Last week, OREA and TREB jointly called on MPP candidates vying for seats in the York Region to reject requests to expand the municipal land transfer tax.
Plans revealed for North York’s M2M Condos
Aoyuan Property Group is set to transform a dated shopping plaza and parking lot in North York into a mixed-use community.
GTA home sales drop 22.2 per cent in May
The Greater Toronto Area (GTA) saw 7,834 home sales in May 2018, a decline of 22.2 per cent year-over-year, reports the Toronto Real Estate Board (TREB).
Master planned community M City breaks ground
A groundbreaking ceremony signaled the start of construction on Phase One and Two of M City, Mississauga’s new $1.5 billion master planned community.
Hines and Tridel unveil phase four of Bayside Toronto
Hines and Tridel recently announced the fourth and final phase of their waterfront residential partnership on Bayside Toronto, to be named Aqualuna.
April sees national home sales dip: CREA
National home sales dipped 2.9 per cent month over month in April, according to statistics released last week by CREA.
Electronic voting for condos comes to Canada
A U.S.-based company has introduced electronic voting for condos to Canada, paving the way for corporations to completely digitize the ballot box.
GTA new home inventory builds in April as sales slow
In April, the GTA’s new home market saw lower sales amid an increase in remaining inventory and declining prices, reports BILD.
Revised condo forms incorporate feedback, new regs
The Ontario Ministry of Government and Consumer Services says it has incorporated public feedback into recent changes to new mandatory condo forms.
Plaza awarded top honours at 2018 Homeowners’ Choice Awards
Tarion has announced the winners of its annual Homeowners’ Choice Awards, which honour outstanding homebuilders with the highest customer service ratings.
Standards for elevator repair times one step closer
The Ontario government last week passed legislation aimed at addressing concerns about elevator availability in the province.
New mid-rise condo by TAS set for Downsview Park
A new mid-rise development designed by Teeple Architects, The Keeley, is set to rise between North York’s Downsview Park and a forested ravine system.
New fines for turning away canvassers take effect
Apartment landlords and condo corporations that turn away canvassers from multi-residential buildings during the election will risk fines under new rules.
Ontario targeting high-risk workplace sectors in inspection blitzes
Ontario is conducting more than two dozen workplace inspection blitzes in 2018-2019 to ensure employers are meeting health, safety and employment standards.
Government fees a large percentage of GTA new home prices: BILD
The impact of all government fees, taxes and charges on the price of new homes in the GTA has increased significantly, according to a new report from BILD.
Sask resumes PST on energy-efficient appliances
Saskatchewan landlords and developers face a six per cent increase in the price of energy-efficient appliances since the provincial government resumed collecting sales tax on previously exempt products.
GTA new home sales plunge 67 per cent in March
The new home market in the GTA experienced a quiet March, with sales plunging 67 per cent year-over-year to 1,960 total new home sales, reported BILD.


