Canada
Nova Scotia Pledges to Invest $1B in Housing
The Nova Scotia government is pledging to invest at least $1 billion in housing construction over t...Read more
PCI Plans Mount Pleasant Development
PCI Developments is applying to rezone part of Vancouver's Mount Pleasant district under the city's...Read more
Edmonton Councillor Seeks Tougher STR Rules
An Edmonton councillor wants the city to introduce tougher short-term rental accommodation rules. ...Read more
OSFI Requires Lenders to Set Aside More Mortgage Capital
Canada's main banking regulator is requiring banks to set aside more capital to protect mortgages f...Read more
Toronto Councillor Pushes for Office Conversions
A Toronto councillor wants the city to convert aging and underutilized office buildings into rental...Read more
Feds Support Construction of 24,000 New Homes in Brampton
The federal government will fast-track the construction of 3,150 new homes over the next three year...Read moreOntario Not Ready for Office Conversion Program: Colliers CEO
Ontario is not ready for a large office-conversion program, says the president and CEO of Colliers ...Read more
B.C. Premier Wants More Hotels
B.C. Premier David Eby wants to see more hotels developed now that the province has introduced new ...Read more
Ontario Realtors Balk at Mandatory Health Insurance
Ontario realtors are balking at paying for mandatory health insurance being instituted by the Ontar...Read more
RE Consolidation Hits Scotiabank’s Bottom Line
A real estate consolidation and workforce reductions have hurt Scotiabank's bottom line. Toronto...Read more
People & Company News for October 20, 2023
Frédérick Castonguay will head the team in French private-equity firm Ardian's new Montreal offi...Read more
Ardian Expands into Canada
French private-equity investment firm Ardian has expanded into Canada with the opening of an office...Read more
Surrey Mayor Seeks to Restrict STRs
Surrey Mayor Brenda Locke wants her city to curb short-term rentals in conjunction with the B.C. go...Read moreCalgary Pauses Office Conversion Program
The City of Calgary has paused its highly successful and widely praised downtown office-conversion ...Read more
Freeland Applauds B.C. Crackdown on STRs
Federal Finance Minister Chrystia Freeland is applauding the B.C. government's new legislation rest...Read more
Cannabis Restaurant Opens in Edmonton
A new cannabis restaurant has opened in downtown Edmonton. CBD CBN offers cannabis-infused food ...Read moreAtlantic Multi-Res Projects on the Rise
Atlantic Canada multi-residential construction projects soared in September, new Canada Mortgage an...Read more
Mult-Res Projects Spur More Housing Starts
Multi-residential construction projects spurred an increase in Canadian housing starts in September...Read more
STRs Not Hurting Rental Housing Supply: CBoC
Short-term accommodation rentals are not having a large impact on Canada's long-term rental-housing...Read more