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Industry News

Cion acquires Coulter Building Consultants

Cion Corp., a company that provides technical services for the property and facility management industry, has acquired Coulter Building Consultants Ltd.
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Canadian home sales held steady in August

National home sales activity held steady in August, posting a 0.3-per-cent month-over-month increase, reports the Canadian Real Estate Association (CREA).

Contractor fined after worker injuries at condo

Powerline Plus Limited, an overhead and underground utility contractor, pleaded guilty and was fined $80,000 following the injury of two workers who suffered burns while working on electrical equipment that had not been properly shut off.

BOMA Canada rebrands BOMA BEST

BOMA Canada has announced an improved and more intuitive BOMA BEST certification brand, available to the public beginning September 21, 2015.

Sharing economy expands Gen Y liability risks

Lack of tenant insurance is endemic across all residential renter households, but U.S. risk management specialists caution that Generation Y could be particularly exposed — and oblivious — to liability.

Aura penthouse to rent for $12,500 per month

The Gatsby, the luxury penthouse that tops Toronto's 80-storey Aura at College Park condominium, is being billed as Canada's highest fully furnished rental.

Calgary home resales retracted again in August

Calgary's residential resale housing market saw absorption rates slow in August due to slower sales activity, according to the Calgary Real Estate Board (CREB).

Vancouver housing market skipped summer lull

Metro Vancouver home sales topped the 10-year average by 25 to 30 per cent between June and August, according to the Real Estate Board of Greater Vancouver.

GTA home resales on track for record year: TREB

The Toronto Real Estate Board (TREB) reports that the GTA recorded 7,998 home resales in August, a 5.7-per-cent year-over-year increase.

Construction sector compares worksite injuries

A new study of worksite injuries in Ontario's ICI construction sector reveals that unionized workers report a higher number of minor incidents, while suffering fewer injuries that result in disability leaves than their non-unionized peers.

Housing affordability eroded further in Q2: RBC

Excluding the Toronto and Vancouver markets, Canadian housing affordability remained relatively stable in Q2, according to an RBC Economics Research report.

Manitoba pledges to remove accessibility barriers

Manitoba has announced plans to lead the way on removing accessibility barriers in services and programs by the end of 2017.

Two-tier postal service will favour multi-res

Apartment dwellers will be the comparative winners when the phase-out of home delivery forces single-family householders out into the elements to collect their mail.

CMHC detects high risk in T.O. housing market

Canada Mortgage and Housing Corporation (CMHC) recently released results from its latest House Price Analysis and Assessment (HPAA) framework.

Housing starts continued upward trend in July

Canadian housing starts reached a trend measure of 185,586 units in July, compared to 184,035 in June, reports CMHC.

Gemterra breaks ground on Joy Condos

Gemterra Developments Corporation recently broke ground on Joy Condos, a 22-storey condominium tower slated for 195 Bonis Ave. in Scarborough.
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Canadian home sales dipped slightly in July

Canadian home sales, as tracked through the MLS systems of real estate boards and associations across the country, dipped 0.4 per cent from June to July. This marks the second