Development
CondoBusiness
Loan conditions onerous for condo projects
Loan conditions are expected to be onerous for residential condominium developments again in 2025, following a year when many lenders pulled back on construction financing.
Canadian Property Management
More deals but less industrial uptake in 2024
Nearly 35.5 million square feet of new industrial supply came onto the market across 15 Canadian regions in 2024, as the year saw negative absorption and a climbing national vacancy rate.
Canadian Property Management
Feds launch Indigenous loan guarantee program
The newly launched federal Indigenous loan guarantee program is meant to counter historical obstacles that prevent reserve lands from being used as collateral to obtain private capital.
REMI Network
Housing sizes shift across Ontario
There’s a shift toward smaller condos and larger single-detached houses across the province, according to new data from the Municipal Property Assessment Corporation.
Construction Business
Surrey launches early excavation pilot program
Surrey City Council has endorsed an early excavation pilot program aimed at expediting the construction of new multi-family housing projects.
Construction Business
National infrastructure advisory body appointed
The Canadian government has appointed an 11-member advisory body to provide expert guidance on key infrastructure requirements to support housing production.
Canadian Property Management
Ontario looks to unravel conservation easements
A proposed amendment to the Ontario Heritage Act could make it easier to extract developable parcels from properties that have a conservation easement registered on the title.
Construction Business
U.S. home builders decry new tariff threat
A 25 per cent tariff on Canadian imports would further erode housing affordability in the United States, warn advocates for that country’s residential development industry.
Canadian Property Management
Vacant residential land stirs surtax rumblings
The Canadian government is exploring options for a surtax on vacant residential land through a newly launched public consultation, which is open for submissions until December 31, 2024.
Canadian Property Management
Elections loom in three Canadian provinces
Housing, tax and energy costs are prominent on the agenda as British Columbia, New Brunswick and Saskatchewan all prepare for provincial elections in October.
Canadian Property Management
Equity partnerships generate net-zero progress
A newly released primer from the First Nations Major Projects Coalition highlights clean energy opportunities and some illustrative generation, storage and transmission projects.
REMI Network
Nova Scotia amends fees for condo developers
Nova Scotia is lowering fees for most new and phased condo developments to increase housing in the province.
CondoBusiness
New builder disclosure requirements proposed
The Ontario government is seeking input on proposed additional disclosure requirements from builders with the purchase agreements for new condominium units.
Canadian Property Management
Retail squeeze buoys mixed-use development
Mixed-use developments represent one of the few options for new retail space in Canada's largest markets, as demand and rental rates continue to rise.
Canadian Property Management
Toronto considers office replacement pullback
Proposed new policy directions could open the way for a broader range of redevelopment projects in specified downtown Toronto districts and at the midtown Yonge & Eglinton node.
Canadian Apartment Magazine
Purpose-built rental property tax status in flux
Toronto is among Ontario municipalities contemplating a recently authorized optional property tax subclass to convey discounted tax rates for newly constructed purpose-built rental housing.
Canadian Facility Management & Design
Ontario seeks input on accessibility standards
Provincially appointed committee examines the objectives and details of guidance and requirements under the Accessibility for Ontarians with Disabilities Act and the Ontario Building Code.
