REMI Network - Industry News
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Industry News

RBC upgrading HVAC systems in bank branches

Canadian Facility Management & Design

RBC upgrading HVAC systems in bank branches

RBC plans to invest $35 million over three years to begin upgrading HVAC systems across its network of more than 1,200 retail bank branches in Canada.
renter feedback survey

REMI Network

Alberta sets housing construction record in June

Alberta’s housing boom of 54 per cent is on track to set records as one of the busiest years ever.
renovate

REMI Network

Many Canadians planning to renovate, not move

Energy efficient upgrades are also top of mind as spending habits shift.
home

REMI Network

Price increases predicted across luxury home market

Toronto buyers will likely return to purchasing condos once competition heats up again for single-family homes.
BGO, Starlight

Canadian Apartment Magazine

CAPREIT announces sale of MHC portfolio

CAPREIT has entered into an agreement to sell its Canadian MHC portfolio to TPG Real Estate for a gross purchase price of $740 million.
Swing space allowance enables booze sales haste

Canadian Property Management

Swing space allowance enables booze sales haste

Temporary leeway to shelve alcohol in various, non-contiguous areas of Ontario grocery stores is part of the two-week advance in the rollout of the province's new liquor retailing regime.
buyer

REMI Network

Buyer enthusiasm lukewarm during spring market

Buyers weren’t so eager to return to the housing market after winter, even with the Bank of Canada’s rate cut in June.
HAF

Canadian Apartment Magazine

New MEI study blames excessive regulation for high housing costs

A new study by the Montreal Economic Institute points to regulatory burden as the main reason Montreal’s housing prices have soared.
home sales

REMI Network

Most liveable places in Canada identified

Affordability and safety factor highly into Canada's most habitable neighbourhoods, according to preferences identified in RE/MAX’s new 2024 Liveability Report.
Mississauga housing task force

Canadian Apartment Magazine

Mississauga launches housing task force

The new task force held its first meeting on July 10th to discuss ways the City will continue efforts to streamline housing approval processes.
Purpose-built rental property tax status in flux

Canadian Apartment Magazine

Purpose-built rental property tax status in flux

Toronto is among Ontario municipalities contemplating a recently authorized optional property tax subclass to convey discounted tax rates for newly constructed purpose-built rental housing.
emissions

Construction Business

ASHRAE creates new centre for decarbonization

ASHRAE is establishing its first ever center of excellence in its commitment to reduce of greenhouse gas (GHG) emissions.
Vancouver

REMI Network

Vancouver champions more equitable bylaws

Vancouver approved a list of recommendations outlined in a comprehensive equity review of its bylaws.
depreciation reports

REMI Network

Depreciation report requirements take effect in B.C.

Regulations are now in effect to protect B.C. strata owners from unexpected long-term repairs and replacement costs.
Alignvest student housing near McGill

Canadian Apartment Magazine

Alignvest acquires Montreal student housing asset

Alignvest Student Housing has completed the acquisition of a purpose-built student accommodation property located in Montreal, Quebec.
BC Hydro amps up energy efficiency spending

Canadian Property Management

BC Hydro amps up energy efficiency spending

BC Hydro is pledging to invest $700 million in energy efficiency over the next three years, including new programs and incentives for commercial and multifamily properties.
OMERS to garner $1.35 billion from LifeLabs sale

Canadian Property Management

OMERS to garner $1.35 billion from LifeLabs sale

OMERS has agreed to sell the LifeLabs network of laboratories and collection centres for providing and relaying diagnostic information to U.S.-based Quest Diagnostics for CAD $1.35 billion.