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Canadians fleeing Ontario, Alberta for the Atlantic and abroad

An increase in time spent at home in the last year may be to blame for many Canadians reexamining the decisions on where they want to live.

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Commercial tenant eviction: Ontario

With new bills coming and going, and rules for landlords and tenants seemingly in flux all the time. Here is how commercial tenant evictions currently work in Ontario.

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Toronto snags number two spot for world’s largest real estate bubbles

Toronto is making global headlines this week after receiving the not-so-coveted number two spot of the world’s worst real estate bubbles.

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News

Calgary’s commercial market rebounded in Q1

Buoyed by marked increases of first dose vaccinations throughout the province, there were 162 transactions in Calgary’s commercial real estate market in Q1-2021 (a 22% year-over-year increase).

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The lowest mortgage rate in Canada’s history is here

CanWise Financial is offering a 0.98% five-year variable rate mortgage that’s being made available to homebuyers who have less than 20% for their down payments.

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Expect persistent erosion of housing affordability: RBC

RBC is expecting the condo market to see an affordability issue as the demand for housing continues, even in smaller cities and rural areas. Here's what else they're saying.

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TRREB scolds city council over MLTT hike

"Any MLTT increase has a ripple effect on all market segments, and would further constrain inventory, making it an even more challenging environment for buyers." said TRREB CEO John DiMichele.

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Land scarcity fosters creativity among industrial developers

Orion is building Pacific Corporate Centre and Coastal Heights Distribution Centre which could be the last of their size in the region due to land demand, and "low lands".

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How AI is being used to reduce the spread of COVID-19

“We use artificial intelligence as a mechanism to decide how to optimally manage systems and maintain indoor air quality while minimizing energy use,” said Patrick O’Neill, president of mCloud Technologies.

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Bauhaus Condos offering investors rental guarantees

This highly anticipated 32-storey tower by Lamb Development Corp. in downtown Toronto is offering investors a two-year rental guarantee. Here's what these seasoned investors have to say on the matter.

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Immigrant franchise owners live the Canadian dream

Many of Canada’s immigrant business owners have a predilection for owning restaurant franchises, and according to this real estate broker and managing director of CHI Real Estate, it’s for good reason.

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Look out for multifamily listings in Hamilton this fall

Sandy MacKay, founder and CEO of MacKay Realty Network, says that Hamilton does indeed have a lot of multifamily properties with anywhere from two to five units that could be market-bound.

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Be wary of taxes in cottage estate planning

“For a cottage owner, regardless of how they want to pass it along—as a gift or putting it in a trust—there will be tax implications for the owner because this is a capital asset."

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