Industry News

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REMI Network

Humber College’s NX building achieves design certification

The retrofitted building will be one of the most energy efficient in North America.
HomeBuyers

CondoBusiness

Federal Government details First-Time Home Buyer Incentive

The Federal Government joined Canada Mortgage Housing Corporation (CMHC) to reveal a launch date and details for its First-Time Home Buyer Incentive.
Toronto

Canadian Apartment Magazine

Average monthly rent in Canada up 4% in May

Following two months of decline, the average monthly rental rate in Canada increased four per cent in May, according to the June national rent report produced by Rentals.ca and Bullpen Research & Consulting.
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Canadian Property Management

Wawanesa to move North American HQ to True North Square

Wawanesa Insurance, Canada’s largest mutual insurer founded in Manitoba in 1896, announces a partnership with True North Real Estate Development (TNRED) to build its North
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REMI Network

REMI Show and ISSA Show Canada Industry Award winners announced

The awards recognize achievements, contributions, leadership and community service within the Canadian real estate and property management industry.
property tax shifts

Canadian Property Management

Property tax shifts continue to plague Calgary

Nearly 12,000 non-residential ratepayers will get some relief from the property tax shifts Calgary's sliding downtown office values triggered this year
OPG Moving Corporate Headquarters to Clarington (CNW Group/Ontario Power Generation Inc.)

Canadian Facility Management & Design

OPG moving headquarters to Clarington, Ontario

Ontario Power Generation is planning to bid farewell to its downtown Toronto base and centralize all of its offices on a new facility within the Durham municipality.
Subway

CondoBusiness

Study ranks condo prices along Toronto’s subway stations

A Toronto study has revealed the varying price of condominium units along the city's TTC subway line to help potential buyers compare key areas along the transit line.
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Canadian Apartment Magazine

Calgary adopts new land sale policy

Calgary City Council announced it has adopted a new land sale policy in an effort to promote the development of more affordable housing.
ITA Shelley

Canadian Property Management

Teresa Neto appointed Granite CFO

Teresa Neto will commence her new position on July 8, 2019.
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REMI Network

RioCan to acquire KingSett’s stake in Yonge Sheppard Centre

The transaction is expected to close by the end of August 2019.
investment in Vancouver

REMI Network

CRE investment in Vancouver lagging: Report

Commercial real estate investment in Vancouver has declined across all sectors except for office, according to a new report from Altus Group.
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REMI Network

Design revealed for ASHRAE’s new HQ

ASHRAE will move to the new headquarters in October 2020.
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Canadian Apartment Magazine

Q Management LP acquires 911-suite property in Oshawa

Q Management LP announced it has acquired Rossland Park Residential Community in Oshawa, Ontario, from H. Kassinger Construction Limited for $220 million.
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REMI Network

SickKids receives $100M donation for redevelopment

The largest single gift to The Hospital for Sick Children (SickKids) will help fund the redevelopment of the institution's campus in Toronto.
Daniel Pearl awarded lifetime achievement by Thomas Mueller.

REMI Network

CaGBC honours green building leaders

The awards recognize individuals and organizations that demonstrate outstanding industry leadership and who have made significant contributions to the CaGBC’s mission and goals in advancing green building in Canada.
Mortgage

CondoBusiness

MPC lobbies Ottawa for less restrictive mortgage rules

Representatives from Mortgage Professionals Canada (MPC) united in Ottawa this May to lobby for changes to Canada’s federal mortgage eligibility and financing laws which “unnecessarily impact