Browsing Category
Building
Canadian housing starts essentially held steady in March
The trend in housing starts was 202,279 units in March 2019, compared to 202,039 units in February 2019, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly seasonally…
Federal government pledges $1.3B for affordable housing in Toronto
TORONTO – The federal government will put $1.3 billion towards renovating and upgrading affordable housing units in Toronto, Prime Minister Justin Trudeau announced Friday.Trudeau said the money – which will come over the course of…
Seeing the smart city: Mapping technologies in Canada
A team of researchers has mapped out smart city technologies across Canada.The plan for Google’s Sidewalk Labs in Toronto has continued to attract criticism. The company has yet to release a clear picture or detailed…
Canada’s EV charging network growing up as numbers and power improve
TORONTO – The electric vehicle road trip is becoming a practical reality as an increasing number of players work to close gaps in Canada's fast-charger networks and ease fears of getting stranded along the way.New entrants like…
Liberals’ mortgage plan to have tiny effect on housing prices: CMHC
OTTAWA – Canada's housing agency says new spending measures aimed at helping first-time buyers afford homes won't push prices up more than a few tenths of a percentage point.A report Thursday from the Canada Mortgage and Housing Corp.…
CMHC looks to raise extra money for housing outside of billions from government
OTTAWA – The chief executive of the Canada Mortgage and Housing Corp. says his agency wants to raise hundreds of millions more dollars to help Canadians afford places to live, adding to the billions already available in government funding.…
Greater Toronto home sales flat in March while prices edge up and listings fall
Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 7,187 residential sales through TREB’s MLS® System in March 2019. This result was inline with 7,188 sales reported in March 2018.…
Oxford Properties Unveils Designs for Transformation of Toronto’s Iconic Park Hyatt Hotel
Oxford Properties Group, the global real estate arm of OMERS, has revealed designs for its redevelopment of Park Hyatt Toronto.Long considered to be one of the most venerable sites in Toronto, and one of the most iconic addresses,…
BILD launches ‘Building Answers’ Public Awareness Campaign
The Building Industry and Land Development Association (BILD) has launched its Building Answers campaign to answer the top questions that GTA residents have about housing and development in a public, open and factual manner. The campaign…
B.C. receives two money laundering reports after reviews of real estate, cars
VICTORIA – The British Columbia government is examining two reports on money laundering that it hopes will help stop the flow of dirty money through real estate, luxury cars and horse racing.The province commissioned two reviews in…