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A look at how provinces plan to emerge from COVID 19 shutdown
Provinces have been releasing plans for easing restrictions that were put in place to limit the spread of COVID-19.Here is what some of the provinces have announced so far:Newfoundland and LabradorNewfoundland and Labrador…
A Commitment to Affordability: CMHC releases 2019 Annual Report
Earlier this month, Canada Mortgage and Housing Corporation (CMHC) released its 2019 Annual Report, demonstrating its contributions to the stability of housing markets and the financial system while providing support for Canadians in…
GTA Commercial Real Estate Market Remained Steady Throughout the First Quarter: Report
Altus Group's latest Q1 2020 results for commercial real estate (CRE) investment in the Greater Toronto Area (GTA) reveals that the commercial real estate market remained steady throughout the first quarter amidst fears of a global…
GlobalData anticipates North America construction output to fall by $122.4bn
Amid the rapid decline in demand for new projects and safety regulations related to the COVID-19 pandemic, construction output in North America is now anticipated to fall by 6.6 per cent in 2020, which is equivalent to $122.4bn, and down…
A Biodiversity Corridor for Montréal
Last November, as Wuhan, China was hosting its 5th Design Biennale, no one could have suspected how appropriate the timing would be for the City of Montreal to unveil its ambitious new Biodiversity Corridor project.Wuhan would soon…
New Study to Shed Light on Working Conditions of Front-Line Janitors
The Canadian Capital Stewardship Network (CCSN) is releasing a new study that will assess Canadian real estate managers’ response to COVID-19 risks and essential workers in commercial properties.
According to CCSN, “Recognizing the…
Trudeau asks commercial landlords to give tenants help through new program
OTTAWA — Prime Minister Justin Trudeau is asking Canada's commercial landlords to buy into a federal program launching next week that would give companies a break on the rent due in only a few days.Applications open Monday but business…
COVID-19 affecting rental market as rents decline in most major Canadian cities: report
According to the monthly National Rent Report from Rentals.ca and Bullpen Research & Consulting, average monthly rents were down in April over March in Toronto, Vancouver, Calgary and Ottawa.Although average rents in Canada were…
CaGBC study highlights gaps in zero carbon training for building-industry professionals
Canada Green Building Council (CaGBC) released a new study that shows the building industry still has work to do to ensure professionals have access to the skills and knowledge required to deliver zero carbon buildings at scale.
According…
Retail tenants hopeful over federal relief plan, but landlords reluctant to join
Bill Pratt hasn't paid some $70,000 in rent for his restaurants in Atlantic Canada since April after having to shutter operations due to the COVID-19 pandemic and experiencing a ``critical'' sales drop.``There's no way I can make it,''…