Industry News

GTA condominium lease transactions

CondoBusiness

GTA condo lease transactions up 3.5 per cent in Q1

Greater Toronto Area realtors reported 6,680 condominium apartment lease transactions during the first quarter of 2017, up 3.5 per cent year-over-year.
LEED v4

REMI Network

Google’s Kitchener office earns LEED v4

Google’s new office in the Breithaupt Block, a redeveloped historic building in the warehouse district of downtown Kitchener, Ontario, has earned LEED v4 Silver for
North York Women's Shelter

Canadian Facility Management & Design

North York Women’s Shelter to be rebuilt

The federal and Ontario governments are working together to fund a rebuild of the North York Women’s Shelter, which will receive $8.8 million in funding.
Occupational Health and Safety Act

REMI Network

Nova Scotia changes Occupational Health and Safety Act

The Nova Scotia government is making changes to the Occupational Health and Safety Act that will help keep employees safe at work.
recycling

REMI Network

Making bins more convenient boosts recycling rates

Researchers at The University of British Columbia released a study showing that making bins convenient drastically boosts recycling and composting rates.
ASHRAE

REMI Network

ASHRAE forges stronger ties with Institute of Refrigeration

ASHRAE and the Institute of Refrigeration signed an agreement to work closer together to promote industry advancements.
Catherine Karakatsanis

REMI Network

Catherine Karakatsanis earns prestigious engineering honour

Catherine Karakatsanis, chief operating officer of Morrison Hershfield, has been named a Companion of the Professional Engineers Ontario Order of Honour.
ISSA Canada

REMI Network

Five highlights of the new ISSA Canada

Industry is applauding the creation of ISSA Canada, a merger between ISSA and the Canadian Sanitation Supply Association (CSSA).
GTA home sales

CondoBusiness

National home sales edge higher in March

Canadian home sales rose 1.1 per cent from February to March 2017, surpassing the previous monthly record set in April 2016, according to statistics released by the Canadian Real Estate Association (CREA).
Average condo prices

CondoBusiness

Average condo prices climb in Ontario and B.C.

A just-released Spring 2017 overview of 23 markets across Canada shows an upward trend in British Columbia and Ontario with modest declines in Alberta and Atlantic Canada.
CN Tower

REMI Network

CN Tower awarded 2017 Prix du XXe siècle

The CN Tower, one of WZMH Architects’ most celebrated and iconic designs, is the 2017 recipient of the Prix du XXe siècle.
CVA-related tax increases

Canadian Property Management

CVA-related tax increases still levied unevenly

Last year, 4,955 of Toronto's commercial properties were still under a property tax cap, which 7,107 other commercial properties funded via clawbacks.
housing affordability

CondoBusiness

Meeting held on GTA housing affordability

Minister Bill Morneau, Minister Charles Sousa and Mayor John Tory convened on April 18 to discuss their shared concern over housing affordability in the GTA.
riocan_killam2

Canadian Apartment Magazine

RioCan and Killam form joint venture in Ottawa

RioCan Real Estate Investment Trust and Killam Apartment Real Estate Investment Trust announced the formation of a joint venture to develop a rental residential community at Gloucester City Centre in Ottawa.
optional property tax class

Canadian Apartment Magazine

Optional property tax class set to be mandatory

Though expressed somewhat vaguely, the Ontario government's newly announced housing plan forewarns that all municipalities will be required to adopt the new multi-residential property class and align it with the tax rate applied to residential properties.
Fair Housing Plan

CondoBusiness

Ontario’s Fair Housing Plan aims to stabilize market

In an effort to make housing more affordable, Ontario is introducing a Fair Housing Plan to bring stability to the province’s real estate market.
green bond

Canadian Facility Management & Design

Canada’s annual green bond issues could top $50-bil

Canada’s capacity for green bond issues will be at minimum $56.3 billion in fiscal 2017/18, according to a recent report by Corporate Knights.