covid

TORONTO – RioCan Real Estate Investment Trust says its net income reached $145.3 million in its latest quarter as all of its tenants were able to reopen from COVID-19 lockdowns.The Toronto-based trust says its second-quarter net income…

In its recently released Q2-2021 rental market results, Urbanation Inc. reports that the GTA rental market recovery began in earnest during the second quarter, with a surge in leases, reduced vacancy, and an increase in rents as lockdown…

The Canada Mortgage and Housing Corporation (CMHC) recently released its 2021 Mortgage Consumer Survey within which, of homeowners surveyed, 85% indicated no difficulties in maintaining their mortgage payments during the Covid-19 pandemic,…

The average rent in Canada increased for the second month in a row, rising to $1,721 per month after six straight months of decline.The average asking rent for all Canadian properties listed on Rentals.ca in June grew by 0.7 per cent…

CALGARY – A new report suggests Toronto businesses are making plans to call employees back to the office.The report, released last week by commercial real estate firm Avison Young, says office market activity in downtown Toronto remains…

Average Rents Still Lower

TELEGRAPH-JOURNALWhen the pandemic closed borders and put a temporary stop to travelling, many Atlantic Canadians took their holiday funds and poured them into home renovations instead.``We were saving up for a trip to Las Vegas,…

Headquartered in San Francisco, Salesforce, the cloud-based software maker has made the statement that it will let most of its employees work remotely post-Covid, at least for part of the week. Similar announcements have been made by other…

OTTAWA – The Bank of Canada says the national economy will go in reverse for the first quarter of 2021, hammering the hardest-hit workers again on the path to a recovery that rests on the rollout of vaccines.Workers in high-contact…

OTTAWA – The country's annual inflation rate in November rose to its fastest pace since the start of the pandemic, driven by a rise in prices for homes, rent and goods around the house.Statistics Canada said Wednesday the 1.0 per cent…