Industry News
REMI Network
ASHRAE forges stronger ties with Institute of Refrigeration
ASHRAE and the Institute of Refrigeration signed an agreement to work closer together to promote industry advancements.
REMI Network
Catherine Karakatsanis earns prestigious engineering honour
Catherine Karakatsanis, chief operating officer of Morrison Hershfield, has been named a Companion of the Professional Engineers Ontario Order of Honour.
REMI Network
Five highlights of the new ISSA Canada
Industry is applauding the creation of ISSA Canada, a merger between ISSA and the Canadian Sanitation Supply Association (CSSA).
CondoBusiness
National home sales edge higher in March
Canadian home sales rose 1.1 per cent from February to March 2017, surpassing the previous monthly record set in April 2016, according to statistics released by the Canadian Real Estate Association (CREA).
CondoBusiness
Average condo prices climb in Ontario and B.C.
A just-released Spring 2017 overview of 23 markets across Canada shows an upward trend in British Columbia and Ontario with modest declines in Alberta and Atlantic Canada.
REMI Network
CN Tower awarded 2017 Prix du XXe siècle
The CN Tower, one of WZMH Architects’ most celebrated and iconic designs, is the 2017 recipient of the Prix du XXe siècle.
Canadian Property Management
CVA-related tax increases still levied unevenly
Last year, 4,955 of Toronto's commercial properties were still under a property tax cap, which 7,107 other commercial properties funded via clawbacks.
CondoBusiness
Meeting held on GTA housing affordability
Minister Bill Morneau, Minister Charles Sousa and Mayor John Tory convened on April 18 to discuss their shared concern over housing affordability in the GTA.
Canadian Apartment Magazine
RioCan and Killam form joint venture in Ottawa
RioCan Real Estate Investment Trust and Killam Apartment Real Estate Investment Trust announced the formation of a joint venture to develop a rental residential community at Gloucester City Centre in Ottawa.
Canadian Apartment Magazine
Optional property tax class set to be mandatory
Though expressed somewhat vaguely, the Ontario government's newly announced housing plan forewarns that all municipalities will be required to adopt the new multi-residential property class and align it with the tax rate applied to residential properties.
CondoBusiness
Ontario’s Fair Housing Plan aims to stabilize market
In an effort to make housing more affordable, Ontario is introducing a Fair Housing Plan to bring stability to the province’s real estate market.
Canadian Facility Management & Design
Canada’s annual green bond issues could top $50-bil
Canada’s capacity for green bond issues will be at minimum $56.3 billion in fiscal 2017/18, according to a recent report by Corporate Knights.
REMI Network
Crown acquires office building in dynamic Toronto node
Crown Realty Partners has acquired a 252,000 square-foot office building in Toronto’s vibrant Downtown West neighbourhood.
Canadian Apartment Magazine
Starlight purchases new Hamilton luxury rental
Starlight Investments announced it has completed the forward purchase of a Hamilton luxury rental property located at 140 Main Street West.
REMI Network
FRPO survey predicts negative impacts of rent control
The Federation of Rental-housing Providers of Ontario (FRPO) released the results of a survey it conducted on the impacts of rent control using a focus group representing the province's largest rental housing providers.
Canadian Apartment Magazine
Multifamily cap rates drop as home prices soar
Multifamily cap rates in Vancouver, Toronto and Ottawa are generally lower than the national average, with Vancouver once again at the low end of the scale.
REMI Network
CIBC moving headquarters to Bay Park Centre
CIBC will be moving about 15,000 of its Toronto-area employees to its new headquarters at Bay Park Centre in Toronto’s financial district.




