Industry News
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.



















