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Bank of Canada keeps key rate target on hold, expects return to growth in Q3
OTTAWA – The economy appears to have avoided a worst-case scenario due to the COVID-19 pandemic, the Bank of Canada said Wednesday as it kept its key interest rate steady at its lower bound.The bank left its target for the overnight…
Giving up public transit during the coronavirus is a luxury many Canadians can’t afford
Matthew Palm, University of Toronto; Jeff Allen, University of Toronto, and Steven Farber, University of TorontoCanadian cities are contending with how to maintain effective public transit during the coronavirus-induced revenue…
Metro Vancouver homes sales fall 44 per cent in May, but prices are high as ever
VANCOUVER – Home sales in the Greater Vancouver area continued their steep year-over-year drop last month amid confinement measures and physical distancing requirements related to the COVID-19 pandemic.The Real Estate Board of…
OPPI Announces Susan Wiggins as its New Executive Director
The Ontario Professional Planners Institute (OPPI) is pleased to announce Susan Wiggins as its new Executive Director.Wiggins begins her new role with OPPI on June 15, 2020, allowing for a two-week overlap to facilitate a smooth…
Ontario’s ombudsman to investigate long-term care crisis
Ontario Ombudsman is launching an investigation into the oversight of long-term care homes by the province’s Ministry of Long-Term Care and Ministry of Health during the COVID-19 pandemic.The investigation will focus on whether the…
National Coalition of Commercial Property Owners calls for Support to Small Businesses
A new coalition of commercial property owners is calling on provincial governments to provide direct supports to struggling small businesses instead of "blanket non-eviction measures that punish landlords participating in the Canada…
Using Emerging Technologies to Measure Energy Losses
Due to rising energy costs, heightened concern about greenhouse gas emissions and efforts to reduce carbon footprints, business, industry, and government are looking for ways to reduce energy usage, reduce energy costs and…
New Vancouver Fire Hall 17 Achieves a Carbon Zero First
Vancouver Fire Hall No. 17 has become the first fire hall in Canada to earn the Zero Carbon Building (ZCB) design certification, and the first project to be certified in BC.
Designed by HCMA, it’s one of 16 projects to pilot the Canada…
Ontario-York Region Sign Landmark Transit Agreement
The Ontario government and York Region have signed a preliminary agreement to move forward on a northward extension of the Yonge subway line into Markham and Richmond Hill.Following the signing of the "Ontario-York Region Transit…
GTA home market sees new record low since 2000
The GTA new home market saw record low new home sales numbers in April, according to the Building Industry and Land Development Association (BILD).
It was the lowest April for total new home sales, as well as single-family and condominium…