Industry News

Hotel sales value value and room prices up in Q1

Canadian Property Management

Hotel sales value and room prices up in Q1

Canadian hotel sales totalled $750 million in the first quarter of 2024, up 130 per cent from the comparable period last year. The average price per room also increased by 12 per cent.
Toronto and Vancouver nurture mortgage tech

Canadian Property Management

Toronto and Vancouver nurture mortgage tech

Mortgage tech is the top draw for tech sector venture capital in Toronto and Vancouver, contrasting with the investment emphasis in major U.S. markets.
skilled trades

REMI Network

Skilled Trades Ontario launches resource hub

The newly released online information hub is being touted as a go-to source for anyone interested in learning more about skilled trades.
passive house

REMI Network

U of T Scarborough achieves Passive House first

A student residence at the University of Toronto Scarborough has become the largest building in Canada to receive Passive House Classic certification.
MacEwan

Construction Business

MacEwan School of Business breaks ground

Construction has begun on the new School of Business at MacEwan University in Edmonton.
Bill 20 Alberta

Canadian Apartment Magazine

Alberta proposes new tools to accelerate housing development

If passed, Bill 20 will enable municipalities to offer multi-year residential property tax exemptions to encourage more housing development, among other new tools.
RentSafeTO

Canadian Apartment Magazine

RentSafeTO program includes heftier fines

Recent changes to RentSafeTO include a more comprehensive evaluation process and heftier fines for non-compliant landlords. 
Clean washrooms tapped to be employers' duty

Facility Cleaning & Maintenance

Clean washrooms tapped to be employers’ duty

Proposed amendments to Ontario’s Occupational Health and Safety Act would make employers responsible for the cleaning regimen in workplace washrooms.
retrofit

Canadian Apartment Magazine

CAPREIT to retrofit 60 rental buildings

CAPREIT has received approval on a $70-million loan through the CIB to finance deep energy and decarbonization retrofits at select properties.
women Ontario

Construction Business

Ontario proposes new site rules to support women

The Ontario government is introducing new site rules to ensure clean washrooms and available menstrual products for women.
Collingwood

Canadian Apartment Magazine

New rental project kicks off in Collingwood

Construction is underway at Residences at Silvercreek, a three-building rental housing complex in Collingwood, ON, developed by Skyline Group of Companies.
Budget Implementation Act

REMI Network

Budget Implementation Act prioritizes measures to help renters

Introduced May 3rd, Canada's Budget Implementation Act aims to advance key housing priorities that will make the housing market fairer for renters and first-time home buyers.
NAIOP imposes order on CRE's evolving vocabulary

Canadian Property Management

NAIOP imposes order on CRE’s evolving vocabulary

An updated glossary of commercial real estate’s common business terms presents an expanded list reflective of an evolving vocabulary across a multidisciplinary workforce.
Lakeview Village

Canadian Apartment Magazine

8,050 housing units set to proceed at Lakeview Village

The City of Mississauga and LCPL have reached agreements enabling them to move forward with construction on the first 8,050 housing units at the Lakeview Village development.
GTHA housing starts

Canadian Apartment Magazine

Record-high housing starts bolster supply in GTHA

According to new data from Urbanation, an increase in GTHA housing starts and completions over the past 12 months have led to higher vacancies.
Verspeeten Family Cancer Centre

REMI Network

Verspeeten Family Cancer Centre unveiled

The late Archie Verspeeten, a fervent champion for cancer research, donated $20 million to London Health Sciences Foundation last November.
thorold

REMI Network

Thorold fire station being converted into museum

A retired fire station in Thorold, Ont., will become an energy efficient, climate-controlled cultural hub and museum.