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Vancouver empty homes tax explained

The empty homes tax is a yearly tax applied to any homes or properties in the Vancouver area that are left unoccupied for more than six months in a given tax year.

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Calgary market remained strong in Q3 and investors are taking notice

Despite a marked slowdown from the hectic first half of the year, Calgary has no shortage of activity in its residential market.

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How much does new home construction cost in Canada?

For many people, building their own homes is a solution to help them get exactly what they want. While it is totally viable option, it is a very different process than buying a resale home.

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Fixed VS variable rate mortgages in the COVID-19 era

Investors must be chomping at the bit to scoop up downtown resale condos in what’s become a buyer’s market with historically low interest rates, but what kind of mortgage makes most sense in the age of COVID-19?

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CRA rolls out rent subsidy for commercial tenants

The Canada Revenue Agency has commercial tenants and landlords sighing in relief for a change after it announced a rent subsidy program to help them trudge through the fallout from the COVID-19 pandemic.

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Hudson’s Bay struggles a harbinger of things to come?

Heavyweight retailer Hudson’s Bay has been making headlines in recent days for its inability to pay rent, with landlords taking the company to court for eviction, and according to a commercial broker in Toronto, this could be a sign of things to come.

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The Dylan Condos is North York revitalization’s lynchpin

The biggest reason to live in downtown Toronto is that it’s replete with big city amenities, but the equally biggest drawback is that it’s congested.

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$12m in invested in GTA’s commercial sector in 2020: Altus

Investment volumes in the Greater Toronto Area’s commercial real estate market decreased year-over-year in Q3-2020, but, along with Montreal, the region remains investors’ Canadian market of choice, according to report from Altus Group.

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Is it a good time to buy a house in Canada?

This year, no one could predict what would lie ahead for the housing market during the novel Coronavirus pandemic that spread across the globe like wildfire.

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Canada’s ‘piping hot’ housing market due for cooling: RBC

Home sales in Canada’s three largest cities surged last month, but RBC anticipates softening in the next few months.

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Industrial leasing market exceptional in Q3: Morguard

Canada’s industrial real estate sector is thriving, according to a new report from Morguard, however, the same cannot be said of the country’s office space submarket.

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Canadian households sitting on $90 billion surplus cash: CIBC

A surge in Canadians’ disposable incomes and a decline in their spending habits has resulted in approximately $170 billion of surplus of cash, $90 billion of which is tied up in households, according to a CIBC report.

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Invest in multifamily, industrial in 2021: PwC

Uncertainty is a dominant theme going into 2021, according to a new report from PwC, but there are some sure bets.

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