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Real Estate
LEED’s Next Step
Canada’s green building industry is evolving, and LEED certification is once again proving that it can too
UCP leader promises to fight ‘stress test’ changes to help home buyers
Opposition Leader Jason Kenney says Alberta Premier Rachel Notley's government has failed to fight back against Ottawa's stricter rules on mortgages and he would push for changes to make it easier to buy a home."If you elect a United…
Caisse accelerates industrial real estate shift with deal for logistics firm
With a growing number of consumers moving away from shopping malls to online shopping, the Caisse de depot et placement du Quebec is accelerating its shift in industrial real estate by getting hold of U.S. firm IDI Logistics for nearly $4.7…
Mortgage stress tests for private lenders not under consideration, Morneau says
Federal Finance Minister Bill Morneau says he is not considering imposing stress tests on private mortgage lenders.Morneau is throwing cold water on a recent Reuters report saying the government was looking at applying stricter…
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…