Industry News
Downsview West District Plan moves forward
Canada Lands Company is planning on creating one of the largest transit-oriented communities in the City of Toronto’s history.
Construction kicks off on ‘Sky Towers’ in Barrie
SkyDev has begun construction on a multi-phase, master-planned apartment community in Barrie, Ontario, called "Sky Towers".
Quebec City rated “best choice” for renters saving to buy
A recent analysis conducted by Money.ca reveals that Quebec City is the best option for prospective homebuyers looking to rent while saving for a home in Canada.
Toronto approves plan to incentivize rental development
City council has approved the Purpose-Built Rental Homes Incentives stream, which aims to support the construction of 20,000 new rental homes in Toronto.
Uptake in smart HVAC systems expected to rise
According to recent findings from ABI Research, smart HVAC adoption is expected to increase steadily thanks to its many proven benefits that include significant energy and cost savings.
P.E.I. introduces largest capital budget in decades
The budget is comparable to the transformative Comprehensive Development Plan of 1969, which significantly shaped the island’s economy and infrastructure.
Sustainable infill project gets green light
A new sustainable, transit-oriented infill development at 30 Cleary Avenue in Ottawa has received the green light from city council to proceed.
New report reveals Canada’s trending cities
A new report from RentCafe identifies Canada's top trending cities in Q3 2024 from the perspective of current and would-be renters.
Property reassessment still on hold in Ontario
Ontario’s fall economic statement confirms that property reassessment is still on hold, but a small tweak is in the works to alleviate the tax burden on some student housing projects.
U.S. clean energy spending flows to multifamily
U.S. multifamily investor calls government subsidies for energy and environmental upgrades a "return enhancer" in Class B rental housing stock.
Canada announces cuts to immigration targets
The federal government is significantly reducing the number of immigrants coming into Canada next year in an effort to ease pressure on housing, infrastructure and social services.
New PBSA coming to Toronto’s Cabbagetown
Forum Asset Management recently celebrated the ground-breaking of the ALMA @ Cabbagetown, a new student housing building located at 307 Sherbourne Street.
Skyline celebrates ground-breaking of Simcoe, ON property
Construction is underway at Spencer Place, a new multi-unit rental development in the community of Simcoe, Ontario.
Rental policies a priority issue for Saskatchewan voters
According to a new poll, housing affordability and rental policies will play a pivotal role in shaping the Saskatchewan election outcome.
District energy brings sustainable promise to Lakeview Village
A sustainable district energy system will soon transform the site of a former coal-burning power generating station into a green community.
Lacey Green Village breaks ground in Quebec
The housing project pays particular attention to adapting the heights of the buildings for a balanced integration into the Kirkland landscape.
Canadian GRESB participation up again in 2024
Canadian participation in the GRESB global assessment and benchmark for the ESG performance of commercial real estate portfolios grew in step with worldwide trends in 2024.