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rent declines

Canadian Apartment Magazine

Feds announce Temporary Rental Assistance funding

The Government of Canada announced it will be offering Temporary Rental Assistance funding to support social housing projects and families of low income. 
TSX commends Bird Construction performance

Canadian Property Management

Nexus moves up to TSX-listed REITs roster

Nexus REIT units were consolidated at a factor of four-to-one and delisted from the TSX Venture Exchange upon today’s graduation to trading on the TSX.
HASCAP low-interest loan rollout now underway

Canadian Property Management

HASCAP low-interest loan rollout now underway

Loans of $25,000 to $1 million will be available through the Highly Affected Sectors Credit Availability Program (HASCAP), fully guaranteed by the Business Development Bank of Canada.
Tamara Vrooman has advised the government to support deep retrofits via the Canada Infrastructure Bank

Canadian Property Management

New CIB chair is supporter of deep retrofits

Tamara Vrooman brings leadership experience in the private and public sectors to her new role as chair of the Canada Infrastructure Bank.
masks

REMI Network

Toronto bolstering enforcement of residential mask bylaw

Since January 18, 2021, Toronto has received 1,950 complaints about improper mask usage in shared residential spaces.
Chandos

REMI Network

Can condos demand COVID-19 vaccination?

Canada is slow to administer doses of the COVID-19 vaccine, but condo communities are already beginning to consider some complex issues related to immunization.
rental market data CMHC

Canadian Apartment Magazine

CMHC releases 2020 rental market and rent arrears data

Canada’s overall vacancy rate increased from 2.0 per cent in 2019 to 3.2 per cent in 2020, according to the latest Rental Market Survey from CMHC – which also includes rent arrears data due to COVID-19.
housing market

Canadian Apartment Magazine

Empire Communities expands into rental housing

Empire Communities, one of North America’s largest private homebuilders, announced it is expanding into rental housing with the formation of Empire Rental Living,
Permeable plaza surrounding Chambly cultural centre wins design award

Canadian Facility Management & Design

Permeable plaza earns plaudits for Chambly, QC

Pôle culturel de Chambly took top honours for a commercial project incorporating a variety of hardscape products, with the city recognized as both the contractor and designer.
Greater Halifax office inventory sees positive absorption downtown

Canadian Property Management

Halifax records positive absorption downtown

As of December 2020, Turner, Drake and Partners Ltd. pegs the vacancy rate at 14 per cent across 12.2 million square feet of office space in eight submarkets.
Investment confidence wavers in Canadian commercial real estate in Q4 2020

Canadian Property Management

Investment confidence awaits vaccine boost

A surging second wave of COVID-19 tempered investment confidence in commercial real estate during the fourth quarter of 2020.
IPAC

REMI Network

TPH calls on facilities to ramp up IPAC measures

Extra vigilance is expected as confirmed cases of the highly contagious U.K. B.1.1.7 variant of COVID-19 spreads within Ontario-based facilities.
Ontario security guards not on vaccination priority list

Facility Cleaning & Maintenance

Vaccination priority list omits security guards

Union officials are also calling on Ontario Premier Doug Ford to affirm that security guards are essential workers.

Canadian Apartment Magazine

Montreal to receive $56 million under Rapid Housing Initiative

The City of Montréal will receive $56.8 million in federal funding under the new Rapid Housing Initiative to support the completion of 12 projects, representing 263 housing units.
Eileen Foroglou

Canadian Property Management

Eileen Foroglou joins NYX Capital Corp as CFO

Eileen Foroglou has been named chief financial officer at the Toronto-based private equity real estate investment firm, NYX Capital Corp.
Quebec landlords face tighter residential rent increase margins for 2021

Canadian Apartment Magazine

Quebec residential rent increase margins tighten

Residential landlords in Quebec face tighter rent increase margins for 2021, particularly if their buildings are centrally heated with gas or oil.
Commercial landlords pledge free space to accommodate COVID-19 vaccination clinics

Canadian Facility Management & Design

Landlords would welcome vaccination clinics

Prominent commercial landlords are offering free space to accommodate COVID-19 vaccination clinics and related support services in malls, conference centres, office buildings and other well-located sites throughout Canada.