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Real Estate
Ontario Court of Appeal illustrates the power of indemnification agreements
The judge concluded that the Indemnifier was not merely a guarantor, but a primary debtor.
CMHC announces new rental development in Chilliwack
Today, Jati Sidhu, Member of Parliament for Mission — Matsqui — Fraser Canyon, on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and the Minister responsible for Canada Mortgage and Housing…
The Co-operators to build WELL-certified office in Guelph
The Co-operators has announced completion of a land deal for the company's new head office to be located at 101 Cooper Drive in the south end of Guelph. The multi-line insurance and financial services organization also announced its intent…
Tech sector drives demand for office space in Toronto, Vancouver and Montreal
The office vacancy rate in downtown Toronto has hit a record-low amid strong demand for work space by the burgeoning tech sector, according to a report by CBRE Group.The commercial real estate services and investment firm says the…
Federal housing policies drive higher prices: Mortgage Professionals Canada
Federal policy changes designed to cool housing prices and demand continue to impact housing markets across Canada with cascading consequences and pressures, according to the newly-released Annual State of the Mortgage Market in Canada…
Liberals looking to make home buying more affordable for millennials: Morneau
The Trudeau government is looking for ways to make home-buying more affordable for millennials, Finance Minister Bill Morneau said Tuesday as he held pre-budget public events in the Toronto suburbs.Morneau made the comment after giving…
Woman offers luxury Alberta home for just $25 and a flair for the written word
A southern Alberta woman who has been having trouble finding a buyer for her luxury home with a panoramic mountain view has turned to the power of the written word to help find a new owner. Alla Wagner has lived in her $1.7-million rural…
Legislators hike housing allowance by 20 per cent as Toronto rental rates jump
Ontario legislators have quietly increased their rental housing allowances by around 20 per cent arguing that they've been paying out of their own pockets to subsidize housing in Toronto's hot real estate market.Documents obtained by…
Canadian home sales continued decline in December 2018: CREA
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales posted a fourth-straight monthly decline in December 2018. Home sales via Canadian MLS® Systems fell by 2.5% in December 2018 compared to…
Tiny coffeeshops help owners save on rent in high cost Toronto, Vancouver
Customers who don't work in the building that houses Kento Kitayama's tiny cafe near Vancouver's Gastown neighbourhood better be prepared to settle for takeout. He can only take orders through a little window facing the sidewalk.…