Industry News

condo prices

REMI Network

GTA condo price rises by 44% since 2017 housing peak

Condos have appreciated more than any other housing type in the GTA when comparing the average price from the housing peak in 2017 to today.
rent increase guideline

Canadian Apartment Magazine

Ontario sets 2022 rent increase guideline at 1.2 per cent

Ontario has released its rent increase guideline for 2022, setting it at 1.2 per cent on the heels of the 2021 rent freeze.
Nova Scotia

REMI Network

Nova Scotia invests in tourism recovery

Operators of tourist-friendly spaces across Nova Scotia will be on the receiving end of a $18.2-million restart package as part of the province's phased reopening strategy.
eastern Ontario

REMI Network

Facilities get COVID funding boost across eastern Ontario

More than $22 million in infrastructure upgrades will be shared among municipalities across eastern Ontario to protect the health and well-being of residents.
Jesta Group

Canadian Apartment Magazine

Jesta Group unveils massive mixed-use development in Old Montreal

A new one-million-square-foot mixed-use development is coming to Old Montréal from the family-owned developer, Jesta Group.
Brampton

REMI Network

Alectra to open new 400-employee operations centre in Brampton

Alectra has chosen Brampton, Ontario, as the location of their brand-new sustainable operations centre that will be built to LEED Gold.
Hudson Pacific

Canadian Property Management

Hudson Pacific wins NAIOP Developer of the Year

NAIOP has selected Hudson Pacific Properties as the 2021 Developer of the Year – the association’s highest honour.
CREED Council to champion equity, diversity and inclusion in commercial real estate

Canadian Property Management

CREED Council to champion equity and diversity

A new volunteer council, gleaning insight and experience from all commercial real estate disciplines, is exhorting the industry to better reflect the society in which it operates.
Canadian proptech ventures to be groomed for growth

Canadian Apartment Magazine

Canadian proptech ventures groomed for growth

The U.S. National Association of Realtors is searching the Canadian market for promising technologies for the commercial and residential real estate sectors.
REMI Show

REMI Network

Register at no charge for the 2021 REMI Show

Industry is invited to register at no charge for the virtual REMI SHOW,  taking place on Wednesday, June 16.
eight rental properties Victoria

Canadian Apartment Magazine

Starlight acquires eight rental properties in Victoria, B.C.

Starlight Investments announced it has completed the acquisition of eight rental properties in Victoria, B.C. comprised of 485 units. The eight rental properties are situated
SFU residence halls

Construction Business

Two new residence halls open at SFU

Two new residence halls at the Simon Fraser University (SFU) Burnaby campus have opened. The project is targeting LEED Gold.
vaccine

REMI Network

Vaccine efforts ramp up for residential builders in Ontario

The Residential Construction Council of Ontario has stepped up efforts to ensure that builders and workers know how to register for their COVID-19 vaccinations.
Great Lakes container ship service promoted as low-carbon logistics option

Canadian Facility Management & Design

Great Lakes figure in low-carbon logistics

A new shortsea service will forge a marine link from container facilities at the Port of Hamilton to the Port of Montreal.
looser office densities deemed easier economic stretch in Toronto

Canadian Property Management

Looser office densities deemed viable in Toronto

Toronto is positioned among select global cities with a combination of space and cost factors that could better appeal to employers seeking to expand space-per-person ratios in their office footprint.
secondary units

Canadian Apartment Magazine

CMHC report looks at prevelance of secondary units

A new CMHC report looks at secondary units in municipalities throughout Ontario and what contributes to disparities.
Ontario to tweak electricity rebate eligibility

CondoBusiness

Ontario to tweak electricity rebate criteria

Common area accounts registering more than 250,000 kilowatt-hours of consumption annually receive the rebate under a grandfathering provision that is slated to end on Oct. 31, 2021.