Industry News
CondoBusiness
B.C. condo owners see jump in assessed value
Surging values for single-family homes are far outstripping condo gains, but average assessed values for strata residential properties rose anywhere from 7 to 29 per cent across 19 jurisdictions in the lower mainland.
REMI Network
New parking standard eases condo construction costs
In a move that will ultimately reduce building costs and GHG emissions, Toronto city council ditched most requirements for new residential developments to provide a minimum number of parking spaces.
Canadian Facility Management & Design
Heritage buildings evoke Canadian excellence
Three newly named members of the Order of Canada have been recognized for their exemplary contribution to the preservation and rejuvenation of heritage buildings.
Canadian Property Management
Lockdown relief temporarily more generous
Federal rent and wage subsidies will be open to an expanded range of applicants who are subject to pandemic-related constraints during the eight-week period from Dec. 19, 2021 to Feb. 12, 2022.
REMI Network
Ontario returning to modified Step 2 of reopening
The Ontario government announced it is temporarily moving to a modified version of its “Step 2” in the roadmap to reopening in an effort to control the surging Omicron variant.
Canadian Apartment Magazine
Rental market fundamentals forecast to strengthen
Morguard’s 2022 Economic Outlook report predicts Canada's rental fundamentals will improve in 2022 with the easing of pandemic restrictions.
REMI Network
B.C. announces new COVID-19 restrictions
The Province of B.C. announced new COVID-19 restrictions that will take effect this evening, Wednesday, December 22, 2021, at 11:59 pm.
Canadian Apartment Magazine
Forum Equity Partners launches “REIIF” fund
Forum Equity Partners announced it has launched "REIIF", a private, open-ended fund focused on Canadian residential rental real estate.
Canadian Apartment Magazine
RISE Properties closes 2021 with 7th acquisition
Victoria-based RISE Properties Trust has finished off a busy year with the purchase of its seventh rental property located in the Pacific Northwest.
Canadian Facility Management & Design
Green scorecard planned for seniors’ facilities
Long-term care homes and retirement residences in Ontario are getting an environmental performance benchmarking tool specially tailored for seniors’ facilities.
Canadian Apartment Magazine
New report urges Ontario to end exclusionary zoning
The Toronto Region Board of Trade has released a report outlining how Ontario can eliminate exclusionary zoning in most residential neighbourhoods.
Canadian Property Management
Air filtration improvements in line for rebate
As announced in the federal Economic and Fiscal Update, small businesses could qualify for a refundable tax credit of up to $10,000 per project on qualifying investments in air filtration and HVAC systems.
Canadian Property Management
Real estate lending set to ramp up in 2022
More than two-thirds of Canadian lenders participating in CBRE’s recent annual survey indicated plans to increase allocations to real estate, equating to an estimated 10 to 20 per cent boost in availability of capital.
REMI Network
Ontario announces new protocals for long-term care homes
The Ontario government announced it will be implementing new measures at long-term care homes to protect vulnerable residents from the omicron variant.
REMI Network
Survey flags cybersecurity ignorance among Canadians
Some hotspot providers quietly track millions of users’ whereabouts even after they have left the establishment.
Canadian Apartment Magazine
Average rents projected to rise in 2022
Forecast calls for average rents in Toronto to bounce back 11 per cent next year, six per cent in Vancouver, and five per cent in Montreal.
REMI Network
UBC expedites net-zero target
A new climate action plan at the University of British Columbia aims to accelerate emissions reductions and achieve net-zero emissions by 2035—15 years ahead of



















