REMI Network - Industry News
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Minto Communities

REMI Network

Minto Communities acquires two new sites in the GTA

Minto Communities GTA has acquired two new development sites, with multi-residential and low-rise plans that incorporate mixed uses and green spaces.
south Langley regional

REMI Network

Urban planners seek return to ‘old normal’ in downtowns

A new study from the University of Waterloo surveyed planners and found they are not preparing for any fundamental changes to past practices, even in the face of changing reality due to the pandemic.
Ontario explores overnight electricity discount

CondoBusiness

Ontario explores overnight electricity discount

A proposed new optional time-of-use electricity rate structure in Ontario could introduce ultra-low pricing for overnight power consumption in tandem with an added premium for on-peak periods of the day.
housing market

Canadian Apartment Magazine

Task Force publishes steps to boost Ontario housing supply

Ontario’s Housing Affordability Task Force has published a report featuring recommendations to increase the province's market housing supply.
Property tax relief looks iffy in New Brunswick

Canadian Property Management

Property tax shift pending from new subclass

About 29,000 Toronto businesses will qualify for a 15 per cent reduction in the property tax rate, necessitating a 0.99 per cent increase for the remainder of commercial ratepayers.
real estate

REMI Network

Quebec association urges condo insurance reform

Since 2018, the AQRC says that co-owners have been paying for necessary restorations, instead of insurers, due to a poor legislative change.
QuadReal completes green bond offering

Canadian Property Management

QuadReal completes third green bond offering

Proceeds will be invested to support sustainable initiatives on green buildings, renewable energy, resource and energy efficiency, pollution prevention, clean transportation and climate change adaptation.
Coronation Park Sports and Recreation Centre

REMI Network

Coronation Park Sports and Recreation Centre begins to rise

The facility aims to demystify high-performance sport and encourage future generations of athletes by co-locating the velodrome within a community recreation centre.
Solar installations spared proposed Nova Scotia tariff

Canadian Property Management

Solar installations spared NS tariff threat

Premier Tim Houston promises to block Nova Scotia Power's proposed system access charge that would add about 8.7 cents per kilowatt-hour to the cost of electricity that net-metered customers generate.
Mission Unitaînés

Canadian Apartment Magazine

Sienna Senior Living announces significant expansion

Sienna Senior Living announced it has entered into an agreement to acquire a 50 per cent ownership interest in a portfolio based in Ontario and Saskatchewan.
standard

Canadian Facility Management & Design

National prospects for accessibility standards

Accessibility Standards Canada is now formally under the umbrella of the Standards Council of Canada, putting it on a path to develop national standards.
Soaring industrial gains buoy investment returns

Canadian Property Management

Soaring industrial gains buoy investment returns

A 7.9 per cent total return across 2,367 directly held real estate assets in the Canada Property Index represents a 12 per cent improvement over 2020.
Royal Beach

REMI Network

Developers plan $1.2-billion seaside community for Royal Beach

Seacliff Properties is pursuing its first joint venture with Reliance Properties to develop Royal Beach in Colwood, one of Greater Victoria’s fastest growing cities.
Hotel investment volume enjoys COVID recovery

Canadian Property Management

Q4 2021 sees investors broaden search for yields

Low yields on industrial and multifamily properties had more investors turning to office, retail and alternative asset classes in the fourth quarter of 2021.
Storage facilities surge linked to cozy condos

Canadian Property Management

StorageVault Canada graduates to the TSX

StorageVault Canada's common shares and debentures began trading on the TSX on January 26.
greenwashing

REMI Network

Competition Bureau warns of surge in greenwashing

The Competition Bureau of Canada is warning Canadians to remain skeptical of products and services that claim to be "green."
Trio of transactions refines Skyline Commercial REIT portfolio

Canadian Property Management

Trio of transactions refines REIT’s portfolio

Skyline Commercial REIT pockets $297 million and hands over 24 industrial buildings in three separate deals, occurring over just two business days.