Residential
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.
Canadian Apartment Magazine
Ontario nudges up electricity price threshold
As of June 1, residential, small business and farm customers will pay at a rate of 12.8 cents per kilowatt-hour (kWh) in place of 10.1 cents/kWh.
Canadian Property Management
Solid pre-pandemic fundamentals buttress market
Thus far, in most markets, there’s been no spurt of office sublets or rent discounts that conventionally signify an economic downturn, but there has been a flurry of conjecture about the forces COVID-19 may have unleashed.
CondoBusiness
Utility bills deferred for distressed Albertans
The Alberta government has proffered up to $223 million, or about two-thirds of projected late payments, to stabilize utilities' cash flow and enable the deferrals.
Canadian Apartment Magazine
European landlords pursue longer term leases
Short-term rental housing providers in major European cities are now pursuing local tenants and advertising more mid- and long-term availabilities as a hedge against slumping international travel.
Canadian Apartment Magazine
Quebec landlords to be queried on financial stress
Quebec's largest rental housing association has released a flurry of messages to frame issues around rent payment for the public, the Quebec government and landlords themselves.
Canadian Apartment Magazine
Push to broaden pet-friendly parameters
Animal welfare advocates in the United States are funding research to explore the mutual benefits for people and pets when they live together.
REMI Network
Toronto grants new funding for waste reduction
Condo and apartment boards in Toronto looking to advance their waste reduction goals can now apply for a new community grant of up to $25,000.
REMI Network
New residential lands pegged for Vaughan Metropolitan Centre area
SmartCentres and Penguin have teamed up on a 15.48 acre site next to the Vaughn Metropolitan Centre.
Canadian Apartment Magazine
Ontario to scrap obscure rental housing statute
The Residential Complex Sales Representation Act is among dozens of statutes and regulations tagged for revision or outright repeal in proposed omnibus legislation introduced in late October.
Canadian Apartment Magazine
EU also feels affordable rental housing pinch
Supply and demand trends in 18 European markets may resonate with Canadian landlords and apartment hunters, as analysts conclude "the lack of rental properties on offer is only aggravating the situation".
Canadian Apartment Magazine
Multifamily assets round out Canadian GRESB data
Among global regions, Australia/New Zealand once again attained this year's top average score, but reports no asset-level energy intensity or building certification data for multifamily properties.
Canadian Property Management
Canada inconspicuous in Global Property Index
The 2018 total return on Canadian real estate assets was in the back half of the pack among 25 national markets, but Canada is part of a smaller group of 12 that can boast an improvement over 2017 results.
Canadian Apartment Magazine
New rules could help dislodge drug dealers
Proposed amendments to Ontario's Cannabis Control Act would allow authorities to lock down and bar entry to residential dwellings in the course of laying charges
Canadian Apartment Magazine
Quebec, Nova Scotia add more rent supplements
Quebec promises to catch up on the delivery of previously announced affordable housing units, while Nova Scotia invests in major repairs in existing social housing buildings.
Canadian Apartment Magazine
Backlog plagues Quebec rental housing regulator
Quebec's largest rental housing association maintains fewer cases would go to la Régie du logement if landlords were entitled to ask for security deposits.
Canadian Apartment Magazine
Rent sticker shock awaits Canadians in the U.S.
Asking rents in the five largest American cities of New York, Los Angeles, Chicago, Houston and Phoenix appear moderately to dramatically steeper than Canadian tenants typically pay.
