Industry News
Canadian Apartment Magazine
Purpose-built rental development underway in Hamilton
LiUNA and partners recently broke ground on a new purpose-built rental development at 500 Upper Wellington St in Hamilton, ON.
Canadian Property Management
NYX Capital sells self-storage portfolio
The vendor garners $310 million through the sell-off of 7,500 existing rentable storage units and properties where a further 3,000 units are set for development.
REMI Network
Timmins and District Hospital tagged for critical repairs
Critical upgrades and repairs are in the works for Timmins and District Hospital. Ontario is investing $2 million this year through the Health Infrastructure Renewal Fund.
REMI Network
Manitoba offers grants to expand childcare facilities
More than 640 licensed non-profit child-care centres in Manitoba are eligible to apply for a renovation expansion grant.
Canadian Property Management
IREM 90th anniversary to be feted in Toronto
Toronto will be the host city for the Institute of Real Estate Management's 2023 Global Summit, which coincides with the organization's 90th anniversary this year.
Canadian Apartment Magazine
Zibi launches Aalto ll rental development
Zibi's newest rental offering, Aalto II, has opened doors to future residents looking to live in the award-winning sustainable community.
Canadian Apartment Magazine
LTB announces form changes to speed up “failing” process
Ontario’s Landlord and Tenant Board (LTB) announced it has made some key form changes in an effort to address sluggish process.
Canadian Apartment Magazine
Vancouver launches program to help finance retrofits
The new Rental Apartment Retrofit Accelerator (RARA) pilot program intends to help future-proof existing rental buildings in Vancouver.
REMI Network
Residential sales in Montreal dipped in June
Residential sales in Montreal reached 3,627 in June 2023, representing a decline of 10 per cent overall compared to the same period last year.
Canadian Apartment Magazine
Ontario extends deadline for energy/water data
The deadline to submit consumption data to Ontario’s energy and water reporting and benchmarking program has been extended to help accommodate this year's large new cohort of mandated participants.
REMI Network
Construction begins on FRAME in Vancouver
Spanning over the East and West towers, FRAME includes homes ranging from 515 to 1,127 square feet to meet the spatial needs of a variety of new families.
Canadian Property Management
National office vacancy rate continues to climb
The national office vacancy rate surpassed 18 per cent in the second quarter of 2023, the highest level recorded since 1994. However, the pace of negative absorption was slower than last winter and fall.
REMI Network
Energy efficiency motivating new home buying
Ninety-six per cent of buyers interested in pre-construction and newly built homes rank energy efficiency as being almost equally important as the price, size and design of a home.
Canadian Apartment Magazine
Ontario announces 2024 rent increase guideline
Allowable rent increases will max out at 2.5 per cent for most of Ontario’s sitting residential tenants in 2024, trailing the current 5.9 per cent average inflation rate.
REMI Network
Refurbishing Fredericton’s Justice Building
Fredericton’s Justice Building will be refurbished into the University of New Brunswick Faculty of Law.
Canadian Property Management
Large share of ultimate BOMA TOBYs go to Canada
Canadian buildings capture seven of the 15 BOMA International TOBY Awards for 2023, representing the culmination of a three-step process to identify the year’s top achievers.
Canadian Apartment Magazine
NB cabinet shuffle shifts property assessment
New Brunswick's newly announced cabinet shuffle responds to the recent departure of four provincial Ministers, two through resignation and two through dismissal.



















