Industry News

Quebec condo

REMI Network

Quebec condo prices up 6 per cent despite pandemic

The average price of a condo in Quebec increased to $255,000, a 6 per cent increase from the second quarter of 2019.
rent repayment

Canadian Apartment Magazine

BC announces rent repayment framework

With the ban on evictions poised to lift September 1, B.C. has announced a rent repayment framework for those owing past money due to COVID-related income loss.
aggregate recycling

REMI Network

Many cities are aggregate recycling laggards

Despite the many benefits of aggregate recycling, millions of tonnes of asphalt and concrete are dumped into landfill sites in Ontario.
New Brunswick women trades

Facility Cleaning & Maintenance

New Brunswick extends program supporting women in trades

New Boots, a New Brunswick program aimed at supporting and mentoring women in apprenticeable trades, has been extended by three years.
LTB hearings

Canadian Apartment Magazine

Update on status of LTB hearings

In his latest bulletin, Joe Hoffer of Cohen Highley LLP, says landlords should expect LTB hearings to resume in September, once the backlog of pending eviction orders has cleared.
Tarion

REMI Network

Tarion plan shows ‘significant work ahead’

Tarion Warranty Corporation released its plan to address recommendations arising from Ontario Auditor General Bonnie Lysyk’s special audit last October.
GTA vacancy rate

Canadian Apartment Magazine

GTA vacancy rate rises to 1.8 per cent

Urbanation is reporting a rise in the GTA vacancy rate from 1.1 per cent in Q1 to 1.8 per cent in Q2-2020, up considerably from the 0.9 per cent recorded a year ago.
housing choices

Canadian Apartment Magazine

COVID-19’s impact on housing choices

New data shows more Canadians are making conservative housing choices due to sustained income loss and fear of a second wave. 
Manitoba adds another year to the current property assessment cycle, taking it to 2023

Canadian Property Management

Manitoba stretches property assessment cycle

An extra year of tax apportionment based on pre-pandemic values could be a harsh postponement for some property owners. The scheduling adjustment is expected to hurt the most in the retail and hospitality sectors.
finalists best restroom

Facility Cleaning & Maintenance

Finalists announced for Canada’s best restroom

Cintas has announced its five finalists for the 2020 Canada's Best Restroom Award which recognizes outstanding facilities across the country.
Saying goodbye to Ignat Kaneff

Canadian Apartment Magazine

Saying goodbye to Ignat Kaneff

Ontario real estate developer and beloved philanthropist Ignat Kaneff passed away peacefully Sunday July 12, 2020, at the age of 93.
occupational cancer

REMI Network

Occupational cancer risk goes largely undetected

A new report uncovers how difficult it is to investigate and compensate workplace cancer, largely attributed to solar radiation, asbestos, diesel engine exhaust and crystalline silica.
Canadian properties earn 2020 TOBY International acclaim

Canadian Property Management

TOBY International acclaim for Toronto properties

Canadian owners and managers can once again claim title to The Outstanding Building of the Year (TOBY) in an international forum.
green loan

Canadian Apartment Magazine

Concert Properties acquires first green loan for B.C. development

Concert Properties is the first company to gain access to a new green loan that supports sustainable projects with strong environmental benefits.
CECRA allocations

Canadian Property Management

Feds suggest CECRA sets Canada apart from peers

About $221 million in Canada Emergency Commercial Rent Assistance had been disbursed as of July 3, Finance Minister Bill Morneau reported in the 2020 Economic and Fiscal Snapshot he released today.
GTA home

REMI Network

GTA home sales climb back up in June

GTA realtors reported 8,701 home sales in June—a 1.4 per cent drop compared to June 2019, and a much larger increase compared to sales results in May.
mask bylaw

REMI Network

What does Toronto’s mask bylaw mean for condos?

A new bylaw exempting condos from mandatory mask-wearing inside the building means corporations might want to impose a mask policy for common elements.