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REMI

Industry News

housing accelerator fund

REMI Network

Breaking down home buying supports in ‘demand-sided’ budget

Supply will remain an ongoing issue as new supports push more first-time homebuyers to Canada's housing market.
mass timber plan

Construction Business

B.C. launches Mass Timber Action Plan

B.C. has launched the Mass Timber Action Plan and announced $1.2 million in funding for four new mass-timber housing and infrastructure.
Robust green tax credit offered in Newfoundland and Labrador

Canadian Facility Management & Design

Robust green tax credit offered in Newfoundland

The new provincial tax credit is equivalent to 20 per cent of the capital costs of designated clean generation and energy-saving equipment, to a maximum of $1 million annually.

Canadian Apartment Magazine

Addressing housing supply in Budget 2022

Budget 2022 proposes a new Housing Accelerator Fund, expanding the Rapid Housing Initiative and incentivizing energy-efficient rental construction, among other key steps.
air-source heat pumps added to tax break list

Canadian Property Management

Air-source heat pumps added to tax break list

Air-source heat pumps have been added to the list of clean energy equipment that qualifies for Canada’s accelerated capital cost allowance program.
Net-zero capacity building funds pledged in budget

Canadian Property Management

Budget allocates for net-zero capacity building

The buildings sector is tapped to be the flow-through recipient of more than $706 million in federal funding for research, policy development, pilot projects, preparedness studies and design work.
Crown

REMI Network

Crown acquires 50-acre office community in Mississauga

Crown Realty Partners acquired a 1.2 million square foot office community, located along Mississauga’s Hurontario corridor.
Pier 4

Canadian Apartment Magazine

Boardwalk REIT acquires two apartment properties

Boardwalk REIT announced it has acquired two properties located in Canmore, AB, and Brampton, ON, for a combined price of $117.5 million.
Suburban office markets tighter than downtown

Canadian Property Management

Suburban office markets tighter than downtown

Suburban office markets posted lower vacancies than their downtown counterparts in several of Canada’s largest urban centres during the first quarter of 2022.
affordable housing

REMI Network

Toronto frees up city-owned properties for affordable housing

The City of Toronto is reducing its office footprint from 55 to 15 locations and freeing up eight city-owned properties for affordable housing and other building priorities.
Quebec

REMI Network

Montreal area home prices rose significantly in March

Overbidding occurred in half of all transactions in the Montreal Census Metropolitan Area for the month of March.
Residence at Weston

Canadian Apartment Magazine

Dream unveils major upgrades to “Residence at Weston”

Dream announced it has secured a $153-million loan under CMHC’s new MLI Select insurance product to finance affordable units and energy retrofits at the Residence at Weston apartment complex.
flexible office

REMI Network

Visits to flexible office spaces up 45 per cent in March

New data from flexible office and co-working space provider IWG shows that Wednesday is the most popular day in the office, followed by Tuesday and Thursday.
building

REMI Network

P.E.I. announces Community Housing Fund recipients

Six different organizations in Prince Edward Island will receive funding to support affordable housing, assisted living or planning and research supports related to housing.
LTB

REMI Network

B.C. expands whistleblower law for public sector organizations

More workers in British Columbia's public sector are now protected under expanded whistleblower protections at various agencies, boards and commissions.
New quiz-reality show tests Toronto way-finders

REMI Network

New quiz-reality show tests Toronto way-finders

When Did They Build That? premieres on the Real Estate & Development Outreach (REDO) Network today, augmenting a lineup of fact-based urban fun and drama.
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construction

Construction Business

New 2020 national building, fire codes released

The 2020 National Model Codes have been released including building, fire and energy. The 2020 codes include nearly 400 changes.