Residential
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.
REMI Network
Ground breaks on largest residential project in Longueuil
The first tower of Sir Charles Condominiums broke ground this month. Devimco Immobilier's $800-million, transit-oriented development is said to be the largest real estate project in the history of Longueuil.
Construction Business
Energy training delivery agents sought
Public agencies, not-for-profit organizations and private sector energy services providers are all expected to play a role in developing the workforce that will underpin Canada’s promised home retrofit program.
Canadian Apartment Magazine
Quebec to put damper on fossil fuel heating
A draft regulation posted in the Gazette du Québec signals the government's intent to prohibit installation of fossil-fuel-fired boilers, furnaces and water heaters in “certain existing residential buildings” after December 31, 2023.
CondoBusiness
Power system revenue transcends lockdown relief
It appears that seven weeks of COVID-19-related electricity rate relief for residential and small business customers did not adversely undermine Ontario power system revenue.
Canadian Apartment Magazine
Manitoba tax rebate comes with rent freeze
About $248 million from the education levy will be returned to property taxpayers this year through 25 per cent rebates to residential/farm ratepayers and 10 per cent rebates to commercial/industrial ratepayers.
Canadian Apartment Magazine
No electricity rate reprieve with this lockdown
There has been no rate relief with the latest stay-at-home imperative, but the Ontario Energy Board has extended the annual prohibition on electricity shut-offs during the cold months to cover much of May.
CondoBusiness
Iconic sites convey spinoff real estate value
Niagara Falls, and Jasper are the two Canadian entrants on a largely European and American list of locales associated with celebrated global attractions.
Canadian Apartment Magazine
Upfront costs hinder access to energy savings
More than 110 industry associations, building service/product providers and public advocacy and community development groups are voicing support for no-cost incentives targeted specifically to low-income households.
Canadian Apartment Magazine
Quebec residential rent increase margins tighten
Residential landlords in Quebec face tighter rent increase margins for 2021, particularly if their buildings are centrally heated with gas or oil.
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 Apartment Magazine
More low-income renters qualify for Sask benefit
Low-income renters in Saskatchewan’s private housing market are newly eligible for the same subsidy introduced in April 2020 for tenants in not-for-profit accommodations.
Canadian Property Management
Rezoning sought for midtown Toronto landmark
Development partners Oxford Properties Group and CT REIT envision three million square feet of mixed-use development on the Canada Square site at Yonge and Eglinton.
REMI Network
Designer-focused condo takes shape in T.O.
A 22-storey mixed-use condo will rise in Toronto's Annex neighbourhood as the first newly developed building in the history of the Designers Walk community.
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.
REMI Network
BILD awards celebrate industry excellence
The Building Industry and Land Development Association handed out awards during a virtual event last week celebrating 40 years of industry leadership.
REMI Network
Brightwater community launches in Port Credit, Ont.
A 72-acre site that sat vacant for nearly 30 years in Port Credit, Ont. is closer to its new life as the Brightwater master-planned community.
