REMI Network - Industry News
REMI

Industry News

Bank failures make little dent in Canadian CRE

Canadian Property Management

Bank failures make little dent in Canadian CRE

Just two of Canada's listed real estate companies count recently failed U.S. banks among their tenants, occupying a minimal fraction of their portfolios in both cases.
Quebec school maintenance budget gets top-up

Canadian Facility Management & Design

Quebec’s school maintenance budget gets top-up

The newly released Quebec budget also promises $100 million over five years to allow post-secondary institutions to lease extra classroom space in commercial buildings.
climate

REMI Network

Quest to curb climate crisis more urgent than ever

The newest report from the Intergovernmental Panel on Climate Change, released on March 20, warns that maintaining the global average temperature threshold of 1.5 C is becoming even more challenging.
laws centre

Construction Business

UVic laws centre construction underway

Construction is now underway on the University of Victoria’s National Centre for Indigenous Laws (NCIL).
Place Versailles

Canadian Apartment Magazine

10 affordable housing projects announced for Nova Scotia

The federal government and the Province of Nova Scotia have committed to investing $16.6 million toward the creation of 10 new affordable housing projects.
Canada a hyper version of multifamily trends

Canadian Property Management

Canadian hotel sector shaking off COVID-19

Average RevPAR surpassed 2019 levels last year, while increased international travel and a low Canadian dollar are projected to push up occupancy in 2023 and 2024.
Industry reps join Ontario housing advisory team

Canadian Apartment Magazine

Industry reps join Ontario housing advisory team

New appointees have been tasked with advising the Ontario government on its strategies to stimulate construction of 1.5 million new units of housing by 2031.
esg

Canadian Property Management

Dream to offer ESG-focused debt capital

Dream Unlimited Corp. will offer ESG-focused debt capital to the U.S. market through the launch of Avrio Real Estate Credit, in partnership with PaulsCorp LLC.
Edmonton

REMI Network

Funds aimed at reviving Edmonton’s tourism sector

Four projects will receive almost $4 million from the federal government to enhance Edmonton's tourism economy.
Tofino

REMI Network

37 new affordable rental homes coming to Tofino

A $7-million investment will create some of the first major rental units built in Tofino, B.C. in decades. 
Cape Breton

REMI Network

Medical school campus planned for Cape Breton University

Nova Scotia is investing $58.9 million for a second medical school campus that will train more doctors and focus on rural healthcare needs.
Calgary

REMI Network

Calgary selling land sites for affordable housing

Three city-owned land sites are now available for sale to eligible non-profit organizations, under Calgary's Non-Market Housing Land Sale program.
Accessibility is everybody's business

REMI Network

Ontario opens new round of inclusive community grants

This year's focus prioritizes projects that improve opportunities for community engagement and those that support older adults to age and live at home with access to care.
affordable cities

REMI Network

Study reveals most affordable cities in Canada

With the cost of living on the rise, new research pinpoints Canada’s most affordable cities for first-time homeowners.
Union City

REMI Network

Phase one underway at 12-acre Union City

A 12-acre master planned community is headed for the growing Unionville neighbourhood of Markham, along Enterprise Boulevard.
New Crown corporation promised for NB housing

Canadian Apartment Magazine

New Crown corporation promised for NB housing

The new entity will oversee New Brunswick's Residential Tenancies Tribunal, property management of the provincial housing portfolio and strategic planning for housing.
Manitoba reaffirms energy equipment tax credits

Canadian Property Management

Manitoba reaffirms energy equipment tax credits

The 2023-24 Manitoba budget announces ongoing extension of tax credits for geothermal, solar thermal and biomass system equipment, which had been scheduled to expire this summer.