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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.
NYX Capital sells self-storage portfolio

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.
Timmins and District Hospital

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.
child care

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.
IREM 90th anniversary to be feted in Toronto

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.
Aalto II

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.
form changes LTB

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.
Merrick

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.
Quebec

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.
Ontario extends deadline for energy/water data

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.
FRAME

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.
National office vacancy rate continues to climb in Q2

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.
Energy efficiency

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.
Ontario unveils mix of new business tax measures

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.
Fredericton's Justice Building

REMI Network

Refurbishing Fredericton’s Justice Building

Fredericton’s Justice Building will be refurbished into the University of New Brunswick Faculty of Law.
Large share of ultimate BOMA TOBYs go to Canada

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.
New Brunswick rent cap

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.