REMI Network - Industry News
REMI

Industry News

Queen's Park

REMI Network

Restoration plans unfold for Queen’s Park legislature

A major renovation of Ontario’s 130-year-old legislative building at Queen’s Park is moving forward as the province proposed a new ministry that would oversee the restoration project.
First Capital REIT resolves dispute with activist unit-holders

Canadian Property Management

First Capital resolves dispute with unit-holders

First Capital Real Estate Investment Trust has resolved a dispute with activist unit-holders, Sandpiper Group and Artis REIT, thus leaving its board unchallenged.
rental

Canadian Apartment Magazine

Regina selects non-profit housing partner for new project

The City of Regina has selected North Central Family Centre (NCFC) as the non-profit housing partner to lead a new housing project financed through the Rapid Housing Initiative.
Alberta distributes asset upkeep funds unevenly

Canadian Apartment Magazine

Alberta distributes asset upkeep funds unevenly

Seniors and social housing aren’t getting a share of the extra funds the Alberta government is investing in capital renewal and maintenance of public assets.
Discount coming on Alberta's education mill rate

Canadian Property Management

Discount coming on Alberta’s education mill rate

The Alberta budget confirms a $2.5 billion education property tax levy for 2023, which is consistent with last year's requisition but to be spread across an expanded assessment base.
New Brunswick proposes property tax rate stabilizer

REMI Network

Vancouver approves 10.7% property tax hike 

Homeowners now face an average property tax increase of 10.7 per cent after Vancouver City Council approved an operating budget of $1.97 billion for 2023.
Alberta to tackle land titles registry backlogs

CondoBusiness

Alberta to tackle land titles registry backlogs

Alberta will automate and digitize the provincial land titles registry in an effort to reduce the transaction backlogs that have been plaguing the paper-based system.
Alberta budget

Construction Business

Alberta commits $125M for School of Business

Alberta is committing $125 million for MacEwan University’s new School of Business in downtown Edmonton.

Canadian Apartment Magazine

Fitzrovia completes initial closing of DevCore development fund

Fitzrovia has completed the initial closing of DevCore Fund, which focuses on the development of purpose-built rental housing in the GTA.
Esquimalt mixed-use rental project

Canadian Apartment Magazine

Esquimalt rental project breaks ground in Victoria

PC Urban Properties and Fiera Real Estate CORE Fund have broken ground on a mixed-used rental project located on Esquimalt Road in Victoria, BC.
consortium

Canadian Apartment Magazine

Vancouver moves forward on social housing projects

Vancouver city council has approved the rezoning of two sites located at 2518-2540 Grandview Highway South and 1925 Southeast Marine Drive for future permanent social housing.
Imperial Theatre

REMI Network

Green retrofit for historic Imperial Theatre in Saint John 

The 110-year old Imperial Theatre in Saint John will undergo an energy efficient modernization.
child care

REMI Network

Childcare providers in Manitoba to receive $60-mil for facility upgrades

Early learning and child care providers in Manitoba will receive $60 million to carry out facility infrastructure improvements, curriculum development, and workforce retention.
basement flooding

Canadian Property Management

New Brunswick revises disaster relief formula

New Brunswick properties will be flagged on the provincial land registry and denied further disaster relief once they’ve received $200,000 in assistance for any one type of natural incident.
homebuyers

REMI Network

Report digs into homebuyer sentiment for 2023

The survey underscores that most Canadians strongly believe governments should prioritize the affordability and supply crisis.
new home

REMI Network

GTA new home market quiet in January

Condominium apartments accounted for 381 units sold—the lowest level for January in 14 years.
Îlot Rosemont housing complex

Canadian Apartment Magazine

Energy-efficient housing complex opens in Montreal

The Îlot Rosemont housing complex recently opened in Montreal, featuring 193 affordable units for seniors and direct access to the Rosemont metro.