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office tower Hines

Construction Business

Hines office tower design responds to COVID

Hines is partnering with Reliance Properties to build the first new Vancouver office tower designed in response to COVID-19.
bid-rigging

REMI Network

Conspiracy charges laid after years-long bid-rigging inquiry

A years-long inquiry into allegations of bid-rigging and conspiracy in the supply of condo refurbishment services has finally wrapped up.
Quebec aligns small business corporate tax rate with Ontario's

Canadian Property Management

Quebec cuts small business corporate tax rate

The 2021 budget also introduces a temporary doubling of the C3i tax credit for expenditures on computer hardware, management software or manufacturing and processing equipment.
funding support

Construction Business

B.C districts receive additional COVID support

Regional districts in B.C. will receive $10 million to support local services and operations, building on the historic COVID-19 relief and recovery supports provided to communities.
Waterloo

Canadian Apartment Magazine

New rental housing coming to Laval, Quebec

The Government of Canada announced it is investing $66.3 million toward the construction of a 193-unit rental building in Laval, Quebec, in the form of a low-cost loan.
new condo

REMI Network

Strong housing market to power through 2021

Some analysts predicted that mortgage defaults would rise during the pandemic, but this hasn't been the case.
Ontario pledges funds to stabilize and revise tourism and hospitality sector

Canadian Facility Management & Design

Ontario looks to stabilize and revive tourism

A $350-million tonic will be poured out in the form of direct aid for small operators, support programs for larger attractions, and inducements for consumers.
tax credit

Canadian Property Management

Ontario doubles tax credit in tertiary markets

Canadian-controlled private corporations are eligible for refundable tax credits of up to $90,000 for building investments in southwest, eastern and northern Ontario.
IREM's AMO designation marks diamond anniversary

Canadian Property Management

AMO designation marks diamond anniversary

The first AMO credentials to signify real estate management companies adhered to IREM's then novel certification standards were conferred in March 1946.
CMHC

Canadian Property Management

BOMA Canada introduces new industry awards

A troika of new industry awards for Canadian real estate professionals at various stages of their careers will be bestowed during BOMEX Virtual later this year.
long-term care COVID

Canadian Facility Management & Design

Self-isolation centres get funding injection

The initiative ties in with Ontario’s high-priority community strategy, which earmarks designated neighbourhoods in the Greater Toronto Area and Ottawa for a targeted intensified response to COVID-19.
Toronto musicians

Canadian Facility Management & Design

Zoning proposals attuned to Toronto musicians

Interim zoning adjustments could place Toronto musicians in a stronger position to return to their conventional workplaces once pandemic-related restrictions on public gatherings have been lifted.
rental income streams and strains

Canadian Apartment Magazine

NB scrutinizes rental income streams and strains

Comments and data gathered through the online surveys will help provincial analysts gain a more complete picture of how current market conditions affect social well-being, business viability and potential for new supply.
long-term care

REMI Network

Ontario ramps up long-term care spaces

On the heels of a third wave advisory, Ontario is issuing thousands more long-term care spaces to be built across the province, many resulting in the construction of new homes.
Rapid Housing Initiative

Canadian Apartment Magazine

Rapid Housing Initiative exceeds target of 3,000 new homes

Since launching in October 2020, the Rapid Housing Initiative (RHI) has exceeded its initial target of creating up to 3,000 new affordable homes.
rent growth

Canadian Apartment Magazine

Average rent in Canada down 6% since February 2020

The average rent for all Canadian properties listed on Rentals.ca in February was $1,714 per month, down 6 per cent from a year ago.
election

REMI Network

B.C. extends state of emergency, marking one year

The Province of British Columbia has formally extended the provincial state of emergency for the 26th time, marking a year in response to COVID-19.