Condominium
CondoBusiness
Security, privacy and the rise of smart homes
What security and privacy threats should condo communities watch out for due to the rise of internet-connected smart home devices?
Canadian Apartment Magazine
Purpose-built rental pro formas under pressure
Developers are facing escalating material costs, supply chain disruptions and labour shortages in step with climbing vacancies and falling rental rates that were not contemplated 18 months ago.
CondoBusiness
Condos anchor affordable recreational property
While Canadians may tend to entertain dreams of cottages, camps or cabins, condos are at the core of affordable recreational property options in many popular vacation areas.
CondoBusiness
Vacant dwellings yield revenue gains for B.C.
Resident British Columbians own about 30 per cent of the properties subject to the speculation and vacancy tax, but account for just 6.6 per cent of collected revenue.
Canadian Property Management
Kirkland Centre set for transit-oriented remake
RioCan REIT and Broccolini Real Estate Group have joined forces to redevelop an open-air retail centre in suburban Montreal.
Canadian Apartment Magazine
Low-income households foiled on energy savings
Prince Edward Island and Nova Scotia are the top spenders to alleviate energy cost pressures on low-income households among Canadian provinces.
CondoBusiness
New tax credit may apply on common area upgrades
The one-time tax credit applies on eligible capital improvements made in 2021 to safeguard seniors and enable mobility and independence within their current principal residence.
Canadian Apartment Magazine
Superintendents’ rare pay status challenged
Added demands of COVID-19 haven’t necessarily come with a commensurate boost in earnings for a workforce among the minority of Ontario employees exempt from a mandated minimum wage.
CondoBusiness
Rebate extension postpones hydro cost hit
The six-month extension comes with an improved rate since the discount on pre-tax electricity consumption and transmission/distribution costs will increase to 33.2 per cent on November 1.
CondoBusiness
Edmonton firm wins IREM award of excellence
Edmonton-based Ayre & Oxford Inc. is doubly celebrating its 25th anniversary in the real estate management business and its newly received Real Estate Management Excellence (REME) Award.
Canadian Property Management
No lockdown on GTA development land sales
Demand for housing and warehouse/distribution facilities drove transactions, keeping April-to-August sales volume largely on par with the same period in 2019.
CondoBusiness
COVID-19 confounds electricity system models
After scrambling to recalibrate their models in the early days of COVID-19-related shutdowns, analysts with Ontario's Independent Electricity System Operator faced more uncharted territory when the hot weather arrived.
Canadian Apartment Magazine
Deduction rules broadened for 2020 income taxes
The Canada Revenue Agency is expected to align with Revenu Québec in allowing employees to claim expenses for working from home during the COVID-19 pandemic, including for a "reasonable" portion of rent.
CondoBusiness
Ontario Electricity Rebate applied unevenly
Many hydro accounts specifically tied to the common areas of multi-residential buildings will no longer qualify for the 31.8 per cent rebate beginning in November 2020.
CondoBusiness
Accommodation costs unnerve younger households
Financial uncertainty related to COVID-19 appears to be weighing more heavily on younger households than other homeowners and renters.
CondoBusiness
Housing to launch Square One District build-out
The first pieces of an envisioned 130-acre new mixed-use community adjoining Mississauga's Square One Shopping Centre should be underway later this year.
CondoBusiness
Code changes fine-tune Ontario condo soundscape
As of January 1, developers will no longer have to meet a challenging standard for the comprehensibility of voice communications systems, and they can take an alternative approach to calculating sound transmission between dwelling units.
