New Brunswick
Canadian Apartment Magazine
New Brunswick confirms funds for private renters
The newly released 2024 New Brunswick budget confirms funds to assist tenants in the private rental housing market, including for the launch of a promised direct-to-tenant rental benefit.
Canadian Apartment Magazine
NB funds advance preparations for new housing
The New Brunswick government is promising up to $22.5 million annually to underwrite pre-construction studies and core infrastructure needed to support new housing development in small communities.
Canadian Facility Management & Design
Disputed port industry draws fire in Saint John
The New Brunswick government and Port of Saint John are jointly investigating a fire in the metal recycler's industrial yard and its compliance with the terms and conditions of its lease.
REMI Network
Refurbishing Fredericton’s Justice Building
Fredericton’s Justice Building will be refurbished into the University of New Brunswick Faculty of Law.
Canadian Apartment Magazine
NB cabinet shuffle shifts property assessment
New Brunswick's newly announced cabinet shuffle responds to the recent departure of four provincial Ministers, two through resignation and two through dismissal.
Canadian Apartment Magazine
New approval criteria coming for NB renovations
New Brunswick’s Residential Tenancy Tribunal will soon assume responsibility for authorizing renovations that require tenants to vacate their dwellings.
Canadian Property Management
Energy efficiency anchors NB climate action
Energy efficiency, climate change adaptation and EVs and charging infrastructure figure in New Brunswick’s planned $47- to $57-million in climate action spending for 2023-24.
Canadian Apartment Magazine
New Crown corporation promised for NB housing
The new entity will oversee New Brunswick's Residential Tenancies Tribunal, property management of the provincial housing portfolio and strategic planning for housing.
REMI Network
Green retrofit for historic Imperial Theatre in Saint John
The 110-year old Imperial Theatre in Saint John will undergo an energy efficient modernization.
Canadian Property Management
New Brunswick revises disaster relief formula
New Brunswick properties will be flagged on the provincial land registry and denied further disaster relief once they’ve received $200,000 in assistance for any one type of natural incident.
REMI Network
UNB Saint John plans innovation hub for healthcare research
New Brunswick is building a new healthcare and social innovation centre at the UNB Saint John campus.
Canadian Apartment Magazine
New Brunswick rent increases uncapped for 2023
The temporary cap holding New Brunswick's residential rent increases to 3.8 per cent will expire at year-end, replaced with new options to phase in increases over two or three years in some circumstances.
Canadian Property Management
Property tax relief looks iffy in New Brunswick
Beginning in 2023, municipalities will have flexibility to pull more revenue from their non-residential tax base, potentially cancelling out a phased 15 per cent reduction in the provincial property tax rate that was introduced this year.
Canadian Apartment Magazine
New Brunswick uncorks delayed property tax cuts
For residential landlords, the first installment of property tax relief will come with a one-year cap to hold rent increases to no more than 3.8 per cent, retroactive to January 1, 2022.
Canadian Apartment Magazine
NexLiving acquires 10 New Brunswick properties
NexLiving Communities announced it has acquired ten new apartment properties located in Moncton and Riverview, New Brunswick.
REMI Network
Walmart building first distribution centre in Atlantic Canada
The $56-million project will be designed with sustainability in mind, such as reducing long haul distances with products much closer to stores.
REMI Network
Vestcor forges further bond with Crown Realty
Vestcor Inc., the New Brunswick public sector pension plan administrator, has acquired a minority interest in Crown Realty Partners.
