Industry News
Canadian Apartment Magazine
New site promotes smoke-free housing in N.S.
Finding access to smoke-free rental housing in Nova Scotia is now just a click away, thanks to the launch of a new website by Smoke-Free Nova Scotia (SFNS). The free website allows Nova Scotians to browse a searchable registry of smoke-free multi-unit rental housing developments and condominiums to find available housing in smoke-free buildings.
Canadian Apartment Magazine
Vancouver building permit values hit new highs
The City of Vancouver issued $2.83-billion in building permits last year, exceeding previous records set before the recession in 2008. Building permit values increased 28 per cent, year-over-year, from 2013 and 77 per cent from 2008. Several multi-family rental developments were key contributors to the substantial gain.
CondoBusiness
Minto earns 19 distinguished marketing awards
A Canadian real estate developer and construction company, Minto Communities (Minto), received 19 awards at the 35th Annual National Association of Home Builders 2015 National Sales and Marketing Awards. Minto was recognized for the marketing efforts and advertising campaigns carried out for several high-rise condominium developments.
REMI Network
Interest rate cut should benefit real estate
Real estate is positioned prominently among industries likely to benefit from the Bank of Canada’s interest rate cut announced with today’s release of the quarterly
Canadian Facility Management & Design
SickKids hospital room helps families recharge
Through a collaboration with Montgomery Sisam Architects, Ronald McDonald House Toronto (RMH Toronto) has added an innovative 1,725-square-foot “Family Room” to the Hospital for Sick Children (SickKids). The room is designed to accommodate the needs of families with children undergoing long-term treatments at the hospital.
CondoBusiness
Condos to represent one-third of Montreal sales
In 2015, one out of every three homes purchased in Montreal, Que. will be a condominium, according to a survey commissioned by the Québec Federation of Real Estate Boards (QFREB) and the Fonds immobilier de solidarité FTQ. The survey, which focused on buying and selling intentions, found that 65 per cent of those intending to buy already own a home while 36 per cent are first-timers.
REMI Network
National commercial energy use survey to begin
Statistics Canada will soon collect data for the Survey of Commercial and Institutional Energy Use 2015 on behalf of Natural Resources Canada (NRC). The national
CondoBusiness
Housing affordability weakest in B.C.: report
This year’s Demographia International Housing Affordability Survey found that Vancouver is the world’s second most unaffordable housing market behind Hong Kong. In fact, of the five least affordable residential housing markets in Canada, four were found in British Columbia. Victoria, Kelowna and the Fraser Valley made the cut along with Toronto, Ont.
CondoBusiness
Decade-old legislation fuels T.O. condo boom
A report released by RealNet Canada Inc. (RealNet) and the Building Industry and Land Development Association (BILD) found that, in 2014, ten years after the Ontario government introduced its Greenbelt legislation and began promoting urban intensification, condominium completions hit record highs. Market analysts agree this is no coincidence.
CondoBusiness
New home sales support job growth, economy
As stated in a report from RealNet Canada Inc. (RealNet), new home sales across the GTA increased by a substantial 41 per cent, year-over-year, in 2014. With 39,736 transactions, the new home industry created thousands of jobs for Canadians while ensuring further job retention for years to come, says the Building Industry and Land Development Association (BILD).
REMI Network
Manitoba acquires land to expand provincial park
Manitoba has announced plans for a major Pembina Valley Provincial Park expansion using recently acquired private lands. “With only one per cent of Manitoba’s protected
Canadian Facility Management & Design
Nursing station enters construction in Manitoba
A new 8,945-square-foot nursing facility has entered construction in Grand Rapids, Man. The development, which will include three exam rooms, a diagnostic services area, a two-stretcher trauma room and offices for staff, will provide Grand Rapids residents and the Misipawistik Cree Nation with a range of health care services.
CondoBusiness
National home sales slow in December: CREA
The Canadian Real Estate Association (CREA) recently announced that national home sales decreased on a month-over-month basis in December 2014. According to the trade association, home sales fell 5.8 per cent from November to December, but rose 7.9 per cent from the same period in 2013.
REMI Network
RioCan closes on BMO portfolio, retail centres
RioCan has finalized the purchase of 18 Bank of Montreal (BMO) branch locations, along with three shopping centres. The BMO branches, acquired for $49.4 million,
Canadian Facility Management & Design
Canada Goose acquires Scarborough, Ont. facility
Canadian jacket and outdoor apparel manufacturer Canada Goose has acquired a 45,000-square-foot facility in Scarborough, Ont. to help the company meet increasing global demand. Canada Goose acquires the building from its long-standing partner, Grand Harbour Clothing. The new facility will be the company’s second manufacturing campus in the Greater Toronto Area.
Canadian Facility Management & Design
New team members join interior design council
The Council for Interior Design Accreditation (CIDA), a non-profit accrediting organization for interior design programs at colleges and universities in the United States and Canada,
REMI Network
Ivanhoé Cambridge buys iconic NYC property
Ivanhoé Cambridge, along with partner Callahan Capital Properties, has purchased one of the most prominent office buildings in New York City for US$2.2 billion. Three





