Industry News
Canadian Facility Management & Design
Construction starts on B.C. trades training centre
Construction of a new $30 million trades training centre is underway at Camosun College in Victoria, B.C.
Canadian Facility Management & Design
Sochi Olympic stage design by Quebec company
Show Canada of Laval, Que., recently completed its largest contract: the stage design for the 2014 Winter Olympic and Paralympic ceremonies in Russia.
Construction Business
Vancouver Building Bylaw postponed until July
Implementation of the Vancouver Building Bylaw has been postponed to July 1, 2014. It will feature some of Canada's most stringent energy requirements.
Construction Business
Canadian building permits up in January
Municipalities issued $7 billion worth of Canadian building permits in January 2014, up 8.5 per cent from December, according to Statistics Canada.
Construction Business
CCA National Awards winners announced
Eleven individuals, associations and firms in Canada's construction industry were recognized at the CCA National Awards.
Construction Business
Bone Structure homes expand to west coast
Home construction company Bone Structure has expanded into Alberta and British Columbia.
Canadian Property Management
The west will outperform rest of Canada: Report
Western Canada's commercial property market is poised to outperform the rest of the country after a strong 2013, according to Morguard.
Canadian Property Management
Anthem Properties buys United Communities
Anthem Properties Group has acquired Calgary-based United Communities for $200 million.
Canadian Property Management
PIRET acquires properties in Calgary and Ontario
Pure Industrial Real Estate Trust (PIRET) has announced closing one industrial property in Calgary for $12.1 million, and five in Ontario for $93 million.
Canadian Property Management
David Thistle joins NKFD’s Vancouver office
David Thistle has joined Newmark Knight Frank Devencore as senior vice-president in the Vancouver office.
CondoBusiness
Condos are outpacing other housing in the GTA
A report from TD Economics says that condos are outpacing other housing in the GTA, with three condos being built for every detached home.
CondoBusiness
Victoria’s most expensive condo sold
Victoria's most expensive condo, located in the James Bay neighbourhood, has been sold for $5 million. The sale broke a new record for the city.
CondoBusiness
Affordable Calgary condos boost sales activity
According to the CBRE, affordable Calgary condos have led to significant year-over-year sale increase in the first two months of 2014.
CondoBusiness
Canada’s housing affordability under pressure
According to RBC', the costs of home ownership will gradually outpace incomes in 2014, putting pressure on Canada's housing affordability.
CondoBusiness
CMHC mortgage insurance premiums set to rise
The CMHC will increase its mortgage loan insurance premiums for homeowners and one to four unit rental properties on May 1, 2014.
Canadian Apartment Magazine
New and notable transaction
Toronto's 52-unit 2808-2810 Keele St. was purchased for $6.45 million, representing a price per unit of $121,698.
Canadian Apartment Magazine
Toronto rental market expected to stay strong
According to Morguard's 2014 Canadian Economic Outlook Report, the Toronto rental market saw healthy and stable housing conditions throughout 2013, a trend that is expected to continue through 2014.




