City of Toronto
CondoBusiness
GTA home sales close 2016 at record high
GTA home sales reached record levels in 2016 for the second year in a row, with the strongest annual sales growth experienced by condominium apartments.
REMI Network
CRE Industry Coalition bashes proposed parking levy
The CRE Industry Coalition issued a report today outlining key disadvantages of a proposed parking levy on commercially-owned parking stalls in Toronto.
CondoBusiness
Brandy Lane Homes to help revitalize Robertson Davies Park
Brandy Lane Homes and the City of Toronto are working together to revitalize Robertson Davies Park after 29 Norway Maple trees were accidentally cut down.
REMI Network
Changes loom for Toronto city cleaning services
The City of Toronto overspent on cleaning services last year, according to two audits released in mid-June that examine both in-house and contract services.
Canadian Facility Management & Design
Ontario provides $10-mil to expand BMO Field
Ontario and the City of Toronto are both investing $10 million for the expansion of BMO Field as part of an ongoing partnership to revitalize
REMI Network
Waterfront Toronto names new president & CEO
Waterfront Toronto’s Board of Directors has named William Fleissig as its new president and chief executive officer effective January 2016.
Building Strategies & Sustainability
Pension funds drawn to investable cities
Despite an abundance of investment funds spending across the globe, Canadian infrastructure continues to face a crisis.
Canadian Apartment Magazine
T.O. initiative to pave way for affordable housing
A new initiative designed to encourage the development of affordable housing was recently unveiled by Toronto Mayor John Tory. Known as the City of Toronto’s Open Door Initiative, the approach includes a four-piece plan to unlock opportunities on private, public and non-profit land, accelerate the planning-approval process, reduce construction costs through expanded City financial incentives, and challenge the government and developers to increase their affordable housing development efforts.
Building Strategies & Sustainability
Why Toronto needs green space networks
Green space in Toronto isn’t expanding at the same rate as new development. In response, a new study asks us to shift our focus and see parks as networks.
Canadian Property Management
BIAs drive ethnic retail neighbourhoods
In the past year, the City of Toronto has welcomed about 2,500 new retail and service establishments of all sizes, more than twice the amount
CondoBusiness
Affordable condominium project opens in T.O.
A new condominium development, designed to offer affordable home ownership opportunities for Toronto residents, has officially opened at 35 Saranac Blvd. in Toronto, Ont. The 341-unit project, known as Cranbrooke Village, was financed through the City of Toronto’s Home Ownership Assistance Program (HOAP) in collaboration with Options for Homes and sister organization Home Ownership Alternatives.
REMI Network
Toronto wins 2015 Ontario Wood Award
The City of Toronto was recognized with a 2015 Ontario Wood Award for repurposing city trees and promoting local wood products and urban forestry services.
CondoBusiness
TREB lobbies for Land Transfer Tax changes
On Feb. 2, members of the Toronto Real Estate Board (TREB) met with the City of Toronto’s Budget Committee to discuss affordable housing in the Greater Toronto Area and make recommendations on the region’s Land Transfer Tax (LTT), implemented in 2008. In order to better meet the needs of prospective homebuyers requiring affordable housing options, TREB suggested that the City’s Budget Committee increase the maximum rebate for first-time homebuyers and adjust the LTT to reflect ongoing inflation.