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Urban Planning
Government plans foreign buyers tax in bid to create affordable housing
TORONTO – The Liberal government says it will take steps over the next year to tax foreign homeowners who live outside of Canada as part of a plan to lower housing prices.It's an idea that has been growing in popularity over the last…
Ford PCs backtrack on developer giveaway but buyers will end up covering new community features
THE POINTERIn May, the City of Mississauga gnashed its teeth.At the time, it was knee-deep in the first wave of the COVID-19 pandemic. A number of long-term care homes in the city were in outbreak, with dozens of deaths recorded.…
A fix for Toronto’s housing crisis could be hiding in plain sight
Across Toronto and the wider region, up to 176,000 new units could be added to rental sites to meet crushing demand. These 950 infill sites are already purchased and zoned — there is simply room and an opportunity to add more.
A recent…
The demise of the department store heralds a shift in downtown areas
The Bay department store in downtown Winnipeg will close in early 2021.
(Jino Distasio), Author provided
Over the past year, cities have become remarkably different places. The response to the ongoing coronavirus pandemic has resulted in…
Condo rents may have plunged, but that doesn’t mean Toronto has become more affordable
TORONTO STARBy Victoria Gibson, Local Journalism Initiative Reporter, Tess Kalinowski, Real Estate ReporterToronto rents may have stopped climbing in recent months, but don't hold your breath for a sustained shift in affordability…
Immigration Slowdown Shakes Real Estate Market to the Core
NEW CANADIAN MEDIAThe decrease in immigration caused by the pandemic has shaken the landscape of Canadian real estate to the core, states a newly released report by the Royal Bank of Canada.''Whether the changes are permanent or…
Seven Ways COVID-19 Is Affecting Canadian Housing: RBC Report
A new report has been released by the Royal Bank of Canada, authored by Robert Hogue, a member of the Macroeconomic and Regional Analysis Group, with RBC Economics. Below is a repost of the report – which can also be downloaded as PDF or…
Mississauga councillors defend NIMBYism and right to spend millions on launching doomed development…
THE POINTERAttention City Hall: stop squandering the public's money – especially during a pandemic. Councillor Carolyn Parrish thinks COVID-19 has only amplified the need for fiscal responsibility.She is tired of a wasteful…
Proposal calls for adding 230 affordable housing units to Lawrence Heights renewal
TORONTO STARA new proposal for the multi-decade revitalization of Lawrence Heights could see 230 new affordable rental units added over the next 17 years at an estimated cost of more than $90 million, with some city officials pushing…
Ground officially broken on Library Square development
THE AURORANSocially distant and braced against the rain, nearly two dozen community leaders converged on Victoria Street on Thursday afternoon for what Mayor Tom Mrakas described as a ''historic'' moment for Aurora.The Mayor, along…