Industry News
Canadian Apartment Magazine
More housing options coming to B.C. communities
Provincial legislation to fix outdated zoning rules and create more small-scale multi-unit homes has now been adopted by almost 90 per cent of B.C. communities.
Canadian Property Management
Interest rate cut emits positive signal for CRE
Practical impacts on the cost of debt aren’t expected to flow through to the market for a few more months, but economists suggest the apparent momentum of falling rates should provide a psychological lift for investors.
Canadian Property Management
Office attendance patterns remain quirky
Colliers Canada's most recent quarterly tenant survey finds office occupiers generally have the same outlook on their space needs as they've reported for the past three years.
Construction Business
Calgary’s Scotia Place starts construction
Construction of Scotia Place in Calgary is set to begin with completion scheduled for fall 2027.
REMI Network
Competition Bureau seeks input on new greenwashing provisions
The Competition Bureau is launching a public consultation to gather feedback on specific questions related to the new greenwashing provisions of the Competition Act.
Canadian Facility Management & Design
RBC upgrading HVAC systems in bank branches
RBC plans to invest $35 million over three years to begin upgrading HVAC systems across its network of more than 1,200 retail bank branches in Canada.
REMI Network
Alberta sets housing construction record in June
Alberta’s housing boom of 54 per cent is on track to set records as one of the busiest years ever.
REMI Network
Many Canadians planning to renovate, not move
Energy efficient upgrades are also top of mind as spending habits shift.
REMI Network
Price increases predicted across luxury home market
Toronto buyers will likely return to purchasing condos once competition heats up again for single-family homes.
Canadian Apartment Magazine
CAPREIT announces sale of MHC portfolio
CAPREIT has entered into an agreement to sell its Canadian MHC portfolio to TPG Real Estate for a gross purchase price of $740 million.
Canadian Property Management
Swing space allowance enables booze sales haste
Temporary leeway to shelve alcohol in various, non-contiguous areas of Ontario grocery stores is part of the two-week advance in the rollout of the province's new liquor retailing regime.
REMI Network
Buyer enthusiasm lukewarm during spring market
Buyers weren’t so eager to return to the housing market after winter, even with the Bank of Canada’s rate cut in June.
Canadian Apartment Magazine
New MEI study blames excessive regulation for high housing costs
A new study by the Montreal Economic Institute points to regulatory burden as the main reason Montreal’s housing prices have soared.
REMI Network
Most liveable places in Canada identified
Affordability and safety factor highly into Canada's most habitable neighbourhoods, according to preferences identified in RE/MAX’s new 2024 Liveability Report.
Canadian Apartment Magazine
Mississauga launches housing task force
The new task force held its first meeting on July 10th to discuss ways the City will continue efforts to streamline housing approval processes.
Canadian Apartment Magazine
Purpose-built rental property tax status in flux
Toronto is among Ontario municipalities contemplating a recently authorized optional property tax subclass to convey discounted tax rates for newly constructed purpose-built rental housing.
Construction Business
ASHRAE creates new centre for decarbonization
ASHRAE is establishing its first ever center of excellence in its commitment to reduce of greenhouse gas (GHG) emissions.