REMI Network - Industry News
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community

REMI Network

Unused Ontario school to become community hub

An fast-growing Ontario town will transform a former elementary school into a community centre for vulnerable residents, with a number of social services, including a
emerging trends

REMI Network

ULI releases Emerging Trends in Real Estate 2023

The new report explores shifts in the property sector since the pandemic, and new and emerging trends that will impact investing in 2023.
Discount coming on Alberta's education mill rate

Canadian Property Management

Commercial ratepayers confront widening tax gap

Commercial property tax rates climbed and commercial-to-residential tax ratios widened this year in the majority of large Canadian cities Altus Group surveys for its annual benchmark report.
homes prices

REMI Network

Real estate dip expected to continue into 2023

A pool of economists predict another rate hike increase in December, but believe the pace is winding down.
federal funding

Construction Business

Feds invest $10M in Science World upgrades

The federal government will invest $10 million in Vancouver’s Science World for building upgrades and new exhibits through Pacific Economic Development Canada.
housing accelerator fund

Canadian Apartment Magazine

Ontario’s new “More Homes Built Faster” Act

The Ontario government has introduced the "More Homes Built Faster" act, which includes up to 50 measures to address the province's housing crisis.
codes

Construction Business

Review of Canada’s National Model Codes begins

Feedback on proposed changes to the 2020 editions of Canada's National Model Code begins from October 24 to December 23, 2022.
Yardi

Canadian Apartment Magazine

GTA rental construction stalls in Q3 as demand soars

According to Urbanation's Q3 rental market report, rental construction in the GTA has stalled as demand for apartments continues to surge.
new condos

REMI Network

GTA new condo sales for September down 89%

New condo sales in the Greater Toronto Area were down 89 per cent from September 2021 and 84 per cent below the 10-year average.
new rental development Vanier

Canadian Apartment Magazine

New three-tower rental development underway in Vanier

A new three-tower, purpose-built rental development recently broke ground in the Vanier neighbourhood of Ottawa.
Ottawa

REMI Network

Nokia Canada to create sustainable R&D hub

Nokia Canada is transforming its 26-acre campus at the Kanata North Business Park in Ottawa into a sustainable research and development hub.
Flooding

REMI Network

Hurricane Fiona costs $660 million

Hurricane Fiona is estimated to be the costliest extreme weather event ever recorded in Atlantic Canada.
Traffic evolving on the skilled trades career path

REMI Network

Residential builders call for immigration reform

Ontario's residential builders want the federal government to seriously reform the immigration system to usher in skilled trades workers who have been trained abroad.
GO Residential REIT

Canadian Apartment Magazine

Tricon sells remaining interest in U.S. portfolio

Tricon Residential announced it has entered into an agreement to sell its remaining 20 per cent interest in 23 U.S. apartment buildings for approximately $315 million.
Lancaster Park Apartments

Canadian Apartment Magazine

Skyline completes construction on Welland, ON, rental property

Skyline Group of Companies has completed construction on a mid-rise apartment building located at 160 Lancaster Drive in Welland, Ontario.
August rents

Canadian Apartment Magazine

Rents in September 2022 reached historic highs

Rents in September 2022 for all rental properties in Canada reached historic highs, with the average monthly asking price exceeding $2,000.
air filter

REMI Network

Guelph-based nanotech company develops “disruptive” air filter

The one-of-a-kind coated air filter is low-cost and low-energy and effectively deactivates the COVID-19 virus on contact.