REMI

Residential

Brokerage to end dual listing on TSX and NASDAQ

CondoBusiness

Brokerage to end dual listing on TSX and NASDAQ

The Real Brokerage Inc. cites “minimal trading volume” in return for duplicate administrative expenses in the decision to voluntarily delist from the TSX.
Ontario announces 2024 rent increase guideline

Canadian Apartment Magazine

Ontario announces 2024 rent increase guideline

Allowable rent increases will max out at 2.5 per cent for most of Ontario’s sitting residential tenants in 2024, trailing the current 5.9 per cent average inflation rate.
Mass retrofit model set for low-rise trial

Canadian Apartment Magazine

Mass retrofit model set for low-rise trial

The Canadian government is seeking candidates to demonstrate aggregated deep energy retrofits across at least 100 units of low-rise social, community-based non-profit or cooperative housing.
alberta

Canadian Apartment Magazine

Alberta’s new portfolios silent on housing

Housing is not referenced in the titles of any of the portfolios that Alberta’s 24 newly named cabinet ministers will lead.
B.C. moves to mandate cooling in new housing

Canadian Apartment Magazine

B.C. moves to mandate cooling in new housing

A proposed amendment to the B.C. building code would require cooling capability to maintain the temperature at no higher than 26⁰ Celsius in at least one room of every new residential dwelling unit.
French tax administrator collects property info

REMI Network

French tax administrator collects property info

Residential property owners in France have until June 30 to register with the national tax administrator, after which they’ll be a liable for a fine of €150 (CAD $220.50) per unreported dwelling unit.
tower

Construction Business

Vancouver’s tallest residential tower launches

Brivia Group has officially launched the Curv tower in Vancouver. It is set to be the world's tallest passive house building.
equipment

REMI Network

Construction activity at record high in Toronto

Crane activity is at a record high across 14 major cities in North America and Toronto is leading the pack.
Flooding

REMI Network

Three-in-five Canadians are worried about spring flooding, a new survey finds

Three-in-five Canadians are worried about the potential consequences that flooding and severe rain events may cause during the spring season.
Industry reps join Ontario housing advisory team

Canadian Apartment Magazine

Industry reps join Ontario housing advisory team

New appointees have been tasked with advising the Ontario government on its strategies to stimulate construction of 1.5 million new units of housing by 2031.
Lawrence Heights

Canadian Apartment Magazine

Student and seniors housing prospects in favour

A survey of top executives in the student and seniors housing sectors finds most are planning to expand their portfolios in 2023 through acquisitions and new development.
Residential energy use re-emerges in Ontario's CDM plans

Canadian Apartment Magazine

Residential energy use re-emerges in CDM plans

Program reviewers with Ontario's Independent Electricity System Operator (IESO) are recommending broader inclusion of the multifamily and singe-family housing sectors in provincial conservation initiatives.
Steve Gupta

REMI Network

Dr. Steve Gupta appointed to Order of Ontario

Dr. Gupta immigrated to Ontario from India in 1971 with just $108 in his pocket and is now recognized as a leader in the hospitality and condominium industries.
GTA

REMI Network

October sales decline in Montreal CMA highest in condos

Residential sales in the Montreal CMA significantly declined in October compared to the same period in 2021.
Ontario to fund skilled trades training centres

REMI Network

Residential builders call for immigration reform

Ontario's residential builders want the federal government to seriously reform the immigration system to usher in skilled trades workers who have been trained abroad.
Mississauga

CondoBusiness

Land-use designations stir debate in Mississauga

Landowners in Mississauga wanting to redevelop their properties for residential mixed-use purposes hope to reverse an employment designation on Dundas Street.
Offshore single-family rental REITs sidelined

Canadian Apartment Magazine

Offshore single-family rental REITs sidelined

A two-year prohibition on foreign investors acquiring single residential dwellings, duplexes or triplexes is set to begin January 1, 2023.