Industry News
Canadian Apartment Magazine
Rental scams rise as vacancies tighten
Rental platform liv.rent reported a 47 per cent increase in rental activity for June 2022, coinciding with a significant spike in reports of rental scams.
REMI Network
New guidance for municipal water standards released
Cities are often at the heart of flood and rainstorm events when it comes to responding to the aftermath.
Canadian Apartment Magazine
Canada’s residential rents continue to rise
Average residential rents in Canada are closing in on their pre-pandemic peak, with the median rent reportedly hovering at $1,800 per month for all property types.
Canadian Apartment Magazine
Ontario introduces Strong Mayors, Building Homes Act
Ontario announced new legislative changes that, if passed, would give the mayors of Toronto and Ottawa more power to advance provincial priorities related to housing.
REMI Network
Global healthcare FM market positioned to swell
A fast-growing geriatric population is one key factor driving the global healthcare facility management industry.
Canadian Property Management
Calgary posts modest dip in Q2 office vacancies
Calgary's office market saw nearly 440,000 square feet of positive absorption during the first half of 2022 and a 90 basis point decline in the vacancy rate during the second quarter.
Canadian Property Management
Matching public-private funds go to EV chargers
Commercial parking providers are increasingly seeing the equipment as a strategic lure for the growing numbers of EV owners who are looking for charging facilities.
CondoBusiness
Rules for first home savings accounts unveiled
As proposed, Canada’s first home savings accounts (FHSAs) would share features with both registered retirement savings plans (RRSPs) and tax-free savings accounts (TFSAs),
Construction Business
One Varsity will rise in downtown Kelowna
One Varsity will be among the first newly developed mixed-use buildings across from the University of British Columbia Okanagan campus.
Canadian Property Management
More reservations emerging about CRE conditions
Investors and asset managers typically expressed more reservations about Canadian commercial real estate this spring than when they were surveyed on their sentiments last fall.
REMI Network
New cultural hub coming to Pictou, N.S.
The deCoste Centre for Arts and Creativity and the Pictou Library in Nova Scotia will be combined for better access to cultural and
community programming.
Canadian Apartment Magazine
Alberta expands Temporary Rent Assistance
The Province announced it is expanding its Temporary Rent Assistance Benefit to include 80 communities outside Alberta's seven major cities.
Canadian Apartment Magazine
GTA multifamily sales volume stable in Q2
Transactions ebbed in Q2, but overall multifamily sales volume is only slightly behind last year’s pace due to a 16.5 per cent year-over-year increase in the average price per suite.
Canadian Property Management
Sask electricity rate set for 8% jump by April
SaskPower will introduce a 4 per cent electricity rate increase on September 1, 2022 and another on April 1, 2023.
Canadian Facility Management & Design
BOMI launches CRE designations for suppliers
Holders of the new PPA or FPA credentials can signal that they have successfully completed eight courses that give them a basic grounding in their clients’ daily routines and business responsibilities.
REMI Network
Condo rents reach new highs in the GTA
Condo rents across the Greater Toronto Area have ballooned since last summer. The average cost of renting a small bachelor unit is now $1,829 per month.
Canadian Property Management
Cap rates open up in Q2
Cap rates opened up and investment activity slowed across every Canadian property sector during the second quarter of 2022.



















