Industry News
Canadian Property Management
Ontario to shift some locked-in hydro costs
The roughly $433-million annual allocation for the relief measure will cover a small portion of the total global adjustment, which surpassed $1 billion in every month from January to September this year.
REMI Network
Ontario budget prioritizes educational spaces
An investment of $13 billion in capital grants over 10 years was outlined in the Ontario government's budget tabled on Thursday to build and renovate educational facilities.
REMI Network
Selling price of a Toronto condo sets record in Q3
The average condo selling price was up by 8.3 per cent year-over-year in the third quarter to $633,484. The average overall selling price in the City of Toronto was up by a similar rate over the same period.
Canadian Property Management
ASHRAE unveils energy performance role model
The newly renovated and retrofitted 42-year-old office building is intended to embody the global society’s mandate to advance human well-being through sustainable technology in the built environment.
Canadian Facility Management & Design
Long-term care home projects put on fast track
The Ontario government has released a bid package offering three land parcels tied to requirements for successful proponents to develop and operate a total of 896 new long-term care beds.
REMI Network
Ontario allocates roughly $1 billion for COVID-19 resilience projects
A new COVID-19 Resilience infrastructure stream will help build or renovate health and safety related projects in long-term care, education and municipalities.
Canadian Apartment Magazine
Starlight, Kinsett complete $4.9 billion Northview portfolio acquisition
Starlight and KingSett announced that they have completed the acquisition of the Northview portfolio for $4.9 billion, the largest multi-res transaction in Canadian history.
Design Quarterly
Wavefront Centre scores highest accessibility rating
Wavefront Centre for Communication Accessibility has achieved the highest national accessibility rating to date under the RHFAC program.
Canadian Apartment Magazine
Feds release new details about Rapid Housing Initiative
The federal government has provided new details about the Rapid Housing Initiative (RHI), which it says will expedite the creation of up to 3,000 new affordable housing units.
Canadian Apartment Magazine
Chartwell begins construction of new long-term care home
Chartwell Retirement Residences announced it has received approval to commence construction on a new 224-bed long-term care home located in Ajax, Ontario.
REMI Network
Minto pilots high-rise air leakage testing
Minto is now the first developer in Ontario to complete a baseline measurement for high-rise air leakage.
REMI Network
Legislative changes to condo guide roll out next year
Amendments to the Condo Act related to condo guides are now expected to be enforced on January 1, 2021.
Canadian Property Management
Real estate confidence barometer resets from Q2
Newly released third quarter results from the REALPAC/FPL Canadian Real Estate Sentiment Survey reveal senior executives looking forward more hopefully and reflecting on last year's better times.
Construction Business
Alberta introduces prompt payment legislation
New legislation will introduce prompt payment timelines into Alberta’s construction sector, ensuring contractors get paid on time.
Canadian Facility Management & Design
New grants for COVID-19-related expenditures
Small business operators could receive up to $5,000 to be used for physical modifications to comply with public health requirements, PPE or upgrading digital/e-commerce capabilities.
REMI Network
U of T’s fall reopening plan ‘unacceptable,’ says union
The union representing more than 10,000 contract academic workers at the University of Toronto is speaking out against the recent COVID-19 outbreaks on campus.
Canadian Apartment Magazine
Superintendents’ rare pay status challenged
Added demands of COVID-19 haven’t necessarily come with a commensurate boost in earnings for a workforce among the minority of Ontario employees exempt from a mandated minimum wage.



