REMI

Industry News

B.C. communitites

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Provincial legislation to fix outdated zoning rules and create more small-scale multi-unit homes has now been adopted by almost 90 per cent of B.C. communities.
Interest rate cut emits positive signal for CRE

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.
Office attendance patterns remain quirky

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.
scotia place

Construction Business

Calgary’s Scotia Place starts construction

Construction of Scotia Place in Calgary is set to begin with completion scheduled for fall 2027.
greenwashing

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.
RBC upgrading HVAC systems in bank branches

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.
alberta

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.
renovate

REMI Network

Many Canadians planning to renovate, not move

Energy efficient upgrades are also top of mind as spending habits shift.
home

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.
CAPREIT

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.
Swing space allowance enables booze sales haste

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.
buyer

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.
MEI housing prices

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.
liveable

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.
Mississauga housing task force

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.
Purpose-built rental property tax status in flux

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.
ashrae

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.