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Building
GTA new home sales dipped in 2022, affected by interest rates, monetary policy
According to the Building Industry and Land Development Association (BILD), 2022 saw the Greater Toronto Area (GTA) experience the lowest level of new home sales since 2018. Altus Group, BILD’s official source for new home market…
Interest rate hikes: The Bank of Canada’s ‘resolute’ fight against inflation could threaten its …
Tiff Macklem, Governor of the Bank of Canada, holds a press conference at the Bank of Canada in Ottawa on Jan. 25, 2023.
THE CANADIAN PRESS/Sean Kilpatrick
Ellen D. Russell, Wilfrid Laurier UniversityThe Bank of Canada…
Impersonators posing as homeowners linked to 32 fraud cases in Ontario and B.C.
Mortgage and title fraudsters who impersonate homeowners and tenants have targeted at least 32 properties in Ontario and British Columbia, investigators and official warnings suggest.Insurance investigator Brian King, president and…
Bank of Canada hikes key interest rate by quarter point, says it plans to hold
OTTAWA – The Bank of Canada delivered what it expects to be its last interest rate hike of the cycle as it pauses to assess the effects of higher rates on the economy.The central bank raised its key interest rate by a quarter of a…
To attain global climate and biodiversity goals, we must reclaim nature in our cities
Conserving nature in cities can help protect the biodiversity within them.
(Unsplash)
Emma Despland, Concordia UniversityThe climate and biodiversity crises we have been experiencing for the past few decades are inseparable. The…
How thieves stole a Toronto condo in ‘total title fraud’, selling it for $970,000
The professional photographs posted on a property tour website last year show Moffy Yu's condo in downtown Toronto, a light-filled two-bedroom home with floor-to-ceiling windows framing sweeping views from the tallest residential tower in…
Why for-profit homes won’t solve long-term care issues: Privatizing health services is a bad idea…
People protest outside the Tendercare Living Centre long-term-care facility in Scarborough, Ont. during the COVID-19 pandemic in December 2020. This LTC home was hit hard by the second wave of COVID-19.
THE CANADIAN PRESS/Nathan Denette…
Toronto homeowners must declare occupancy status before Vacant Home Tax deadline of Feb. 2
BEACH METRO COMMUNITY NEWSAs the City of Toronto looks for ways to address the current housing shortage, one local councillor is hopeful that the new Vacant Home Tax (VHT) will help alleviate some of the pressure.Toronto City…
Residential construction industry raises funds for housing projects for homeless
The residential construction industry raised more than $1.4 million for construction of two projects in Toronto that provide housing to those who are experiencing homelessness or at risk of experiencing homelessness.The funds were…
NCC deferred maintenance deficit: A broken funding mechanism
Some years ago, an apocryphal tale circulated about Stornoway, official residence of the Leader of Her Majesty’s Loyal Opposition. The deck had been appropriated by a family of skunks, and a government work crew was duly dispatched, but the…