Industry News

federal budget

REMI Network

Residential builders unveil key asks ahead of federal budget

Ontario’s residential builders are hoping that the upcoming federal budget includes specific measures to address housing supply and affordability.
lease transfer law quebec

Canadian Apartment Magazine

Quebec adopts new lease transfer bill

The new law in Quebec will allow landlords to reject a lease transfer for any reason, putting more power back in the hands of landlords.
repetitive strain

REMI Network

International Repetitive Strain Injury Awareness Day set for February 29

As International Repetitive Strain Injury Awareness Day approaches, CCOHS is asking workplaces to be mindful of one of the leading causes of workplace injuries.
Ontario instructs LDCs on EV charging grid connections

Canadian Property Management

Ontario instructs LDCs on EV grid connections

New standardized protocol for connecting electric vehicle charging facilities to the power grid will introduce an optional free preliminary consultation for commercial/multifamily landlords and condo corporations.
BC Builds

Canadian Apartment Magazine

BC launches BC Builds to amp up housing construction

The Province of BC has launched BC Builds, a new initiative to lower construction costs, speed up timelines, and deliver more affordable homes to middle-income people.
DEI

REMI Network

Employees say DEI efforts from leaders are critical

Employees who took part in a new global survey say that having a diverse, equitable, and inclusive (DEI) workplace is important to them.
Nova Scotia pledges modest housing spending

Canadian Apartment Magazine

Nova Scotia pledges modest housing spending

Nova Scotia announces it will build new public housing units with a 2024-25 funding commitment that equates to less than 1 per cent of the provincial capital plan.
skyscraper

REMI Network

Plans for $800M luxury skyscraper in Toronto

Freed Developments has plans to construct a 60-plus storey skyscraper in Toronto complete with 100 five star luxury hotel rooms and 400 luxury condominiums that
flipping property tax

Canadian Apartment Magazine

CRA introduces new rule to deter property flipping

Canada has introduced a new rule for the 2023 taxation year that will impact property owners engaging in property flipping for capital gain.
condo owners

REMI Network

Condo owners saw home values decline in 2023

Condo owners who bought their units at the end of 2022 saw their homes values decline across 26 markets last year.
TCH CEO

Canadian Apartment Magazine

Toronto Community Housing appoints new president and CEO

Effective April 2, 2024, Sean Baird will take over as Toronto Community Housing Corporation (TCHC)’s new President and CEO.
Toronto strip plazas considered for tax discount

Canadian Property Management

Toronto strip plazas considered for tax discount

Nearly 30 per cent of Toronto strip plazas are in line for a property tax break if City Council approves the proposed new measure in its upcoming 2024 budget deliberations.
LTB hearings

REMI Network

Restoring in-person hearings at the LTB

Since the LTB moved its hearings online, things have gotten worse for one of Ontario's busiest tribunals, and now city councillors are moving to bring back in-person hearings.
Investment shopping list considered for 2024

Canadian Property Management

Investment shopping list considered for 2024

As more vendors and purchasers are expected to come to the market this year, Avison Young's sentiment data shows retail, multifamily and industrial assets are sought, while office is tapped for divestment.
Toronto Western Hospital

REMI Network

15-storey patient tower coming to Toronto Western Hospital

The Ontario government is spending nearly $800 million on a new patient care tower at Toronto Western Hospital.
Black Canadians

REMI Network

Despite progress, workplace still not equal for Black Canadians

Many say they feel valued and respected in the workplace but have to work much harder to be recognized.
Federal government

REMI Network

Federal government extends foreign buyer ban

Foreign commercial enterprises and people who are not Canadian citizens or permanent residents will continue to be prohibited from purchasing residential property in Canada.