Development
Clamping down on renovictions
Hamilton will soon be the first city in Ontario to introduce a renoviction bylaw forcing landlords to obtain a licence prior to issuing an N-13
Interest rates subdue multifamily developers
Fallout from higher interest rates may continue to subdue multifamily development, but lenders express more confidence in prospects for new purpose-built rental and high-rise condominium projects next year.
The road to more rental housing
Canada's fall economic update includes steps to crack down on short-term rentals and billions in financing toward rental housing construction.
Conversion momentum draws on combo of drivers
Replicating Calgary’s nascent office-to-residential conversion momentum in other markets will likely depend on the same combination of weak office values, strong housing demand and generous incentives.
The legacy of Sen̓áḵw
Currently underway in Vancouver, Sen̓áḵw is a powerful testament to Indigenous land ownership and an economic legacy that’s expected to generate upwards of $10 billion in revenue for the Squamish Nation.
Pinemount, Elysium partner on Emery Village site
Pinemount Developments and Elysium Investments have partnered on a 1.78-acre development site located in Emery Village, Toronto, at 3406-3434 Weston Rd.
Canada’s Enhanced GST Rental Rebate program
The Canadian government announced it is removing the Goods and Services Tax (GST) on future purpose-built rental projects via the "Enhanced GST Rental Rebate" program.
The changing Canadian vehicle market
The Canadian vehicle market is changing at a rapid pace, with the projected sales for electric vehicles (EVs) forecast to rise dramatically to align with Canada's goals.
Rent growth shows no signs of abating
Rent growth continues to accelerate in Canada’s apartment market as the economy outperforms expectations and demand exceeds new supply.
Office conversion prospects judged challenging
Viable conversion candidates must begin with a basic structural prerequisite, but construction costs, location, surrounding amenities and assumptions about future office values all influence the business case.
Retrofitting with heat pumps
Since 2019, retrofitting with heat pumps has been rising in popularity among Canadian REITs and large residential landlords looking to invest in cleantech.
Mayoral candidates talk housing in latest debate
In the latest debate on housing matters, six leading mayoral candidates discussed their policies and promises for addressing Toronto's affordability crisis.
Toronto’s legacy of inclusive city-building
As the city of Toronto accelerates efforts to address housing affordability, inclusivity and the barriers inhibiting rapid housing development were top of mind at the Urban Land Institute’s Spring Meeting.
Gateway to Scarborough Village
The aging plaza at 3730 Kingston Rd. in south Scarborough is poised to become a vibrant, mixed-use community hub, pending approval from Toronto City Council.
Canada’s sizzling hot apartment market
Apartment owners in Canada are reaping the rewards of a favourable supply-demand equation, according to Yardi's Q2-2023 multifamily report.
Multifamily remains favoured investment asset
Industry analysts cite Canada’s demographic trends and seemingly chronic housing supply-demand imbalance as fundamentals that should drive robust returns on new purpose-built rental projects.
Social and affordable housing in Canada
With the national vacancy rate hovering at 2.5 percent, bringing more social and affordable rental housing to market is on every government's agenda.