Industry News
Canadian Facility Management & Design
Licensing exams go online for security guards
The new option aligns with the Ontario government’s objective to provide digital alternatives for paper-based administrative processes.
REMI Network
National home price up 9.7 per cent in Q4
Markham, Vaughan, Burlington, Pickering, Oakville. The average home price in all these Ontario-based cities increased by at least $100,000 last quarter, compared to 2019.
Canadian Apartment Magazine
Toronto vacancy rate reaches 50-year high
The latest Urbanation survey of purpose-built rental apartments in Toronto show the vacancy rate rose to a 50-year high of 5.7 per cent in Q4-2020.
CondoBusiness
Mississauga YMCA site tagged for redevelopment
New owners of the 4.5-acre Mississauga YMCA site are promising future redevelopment that will make a statement in the city’s skyline.
Canadian Property Management
Ontario extends ban on commercial evictions
Commercial evictions are still on hold in Ontario for qualifying tenants experiencing pandemic-related financial stress. A new regulation, enabled through 2020 budget legislation, extends the protections.
Canadian Apartment Magazine
Ontario issues temporary pause on residential evictions
The Ontario government has issued an emergency order to temporarily pause the enforcement of residential evictions for the second time since March 2020.
REMI Network
Scientists find new way to predict global warming
The threshold for dangerous global warming will likely be crossed between 2027 and 2042 – a much narrower window than the Intergovernmental Panel on Climate Change’s estimate of between now and 2052.
Construction Business
One of B.C.’s largest capital school projects opens
The $106.5 million New Westminster Secondary school, one of the largest school capital projects in B.C.’s history, has opened its doors.
Canadian Apartment Magazine
InterRent and Crestpoint acquire large Vancouver portfolio
InterRent REIT and Crestpoint Real Estate Investments announced that they have entered into agreements to acquire a large Vancouver portfolio for a purchase price of $292.5 million.
Construction Business
SFU will launch LC3 Innovation Centre in Vancouver
SFU has been selected to establish a Low Carbon Cities Canada (LC3) Innovation Centre in Vancouver with a $22-million federal investment.
Canadian Property Management
Nexus REIT to acquire eight industrial buildings
Upon completion of the two new deals, 67 per cent of Nexus REIT’s net rental income will be derived from its industrial holdings — a jump from 61 per cent currently.
Canadian Property Management
Canadian asset managers among global 150 largest
Brookfield Asset Management sits far atop the field in IPE Real Assets’ 2020 rankings of the world’s 150 largest real estate investment managers.
REMI Network
Luxury home sales over $3-mil set new record in GTA
Luxury home sales more than $3 million set a new record in the GTA, with the number condo and freehold properties sold in 2020 topping peak 2017 levels.
Canadian Property Management
Repositioning specialist tackles Ottawa market
Marlin Spring and Colonnade BridgePort have partnered in the acquisition of a 12-storey office building at a prominent intersection of Ottawa’s central business district.
Canadian Property Management
Kirkland Centre set for transit-oriented remake
RioCan REIT and Broccolini Real Estate Group have joined forces to redevelop an open-air retail centre in suburban Montreal.
REMI Network
Companies urged to clarify post-COVID workplace plans
Businesses that ignore current data related to the employee experience risk dismantling years of trust in the post-pandemic workplace.
Construction Business
Canada’s first-ever tsunami tower to be built in B.C.
Canada’s first-ever tsunami evacuation tower is being constructed in B.C. It will be built at Gudangaay Tlaat'sa Naay Secondary school.



















