Canada's Condominium Magazine

Monthly Archives: May 2013

Parking tax unfair to business owners says real estate industry

Parking tax unfair to business owners says real estate industry

[highlight]New tax could increase business operating costs by $4–$7 per square foot, real estate industry fears[/highlight] The first public opinion poll since the release of the Metrolinx investment strategy for funding transit expansion shows that the public doesn’t think much of the new taxes. Is anyone surprised to hear that? The Forum Research telephone poll… Continue Reading

New guidelines clarify what the city wants from tall building developers

New guidelines clarify what the city wants from tall building developers

It didn’t receive much media attention—how could something so innocuous compete with the circus that is our city hall these days?—but a couple of weeks ago the city passed a new set of Tall Building Design Guidelines. These new guidelines replace and in some cases build upon previous guidelines that were already in place. Why… Continue Reading

Self-powered street lights from Scandinavia a model of sustainability

Self-powered street lights from Scandinavia a model of sustainability

Anything designed by a committee, the accepted opinion has it, will look like a dog’s breakfast. That certainly is not the case here. A Scandinavian architecture firm that’s famous for creating some of the world’s most stunning buildings has developed a self-sustaining street light. Working with an umbrella group of industry and academic specialists known… Continue Reading

Housing market balanced, orderly and moderate says BMO report

Housing market balanced, orderly and moderate says BMO report

There are more reassuring words from BMO regarding Canada’s housing market. A special report authored by the bank’s senior economist, Sal Guatieri and titled “Canadian Housing Market: Calming not Crashing” reiterates what BMO has been saying all along: the market across the country is behaving pretty much as was expected, given the government’s intervention last… Continue Reading

Canada in top 3 OECD countries for quality of life, satisfaction

Canada in top 3 OECD countries for quality of life, satisfaction

Forget about the Senate scandal and the city hall fiasco and today’s weather and whatever other temporary irritants are ruining your day, and take comfort in knowing that we live in the bronze medal-winning country of the world, according to the Organization for Economic Cooperation and Development (OECD). Only two countries among the thirty-four included—Australia… Continue Reading

Ontario’s home builders unimpressed by Metrolinx revenue tools

Ontario’s home builders unimpressed by Metrolinx revenue tools

Metrolinx today announced its proposed “revenue tools” for funding extensive transit plans in the GTA over the next two decades, but Ontario’s home building industry has reacted negatively to the plan. The Ontario Home Builders’ Association (OHBA) and the Building Industry and Land Development Association (BILD) say that the plan puts an unfair burden on… Continue Reading

Other Popular Stories

Living happily ever after in a condo: Top 5 “Happiness Factors” to consider before buying a condo; it’s not what you think

Living happily ever after in a condo: Top 5 “Happiness Factors” to consider before buying a condo; it’s not what you think

The condominium market is increasingly the go-to choice for urban dwellers, with the price of detached houses now out of reach for many. Condo living have distinct advantages in this hot market. It also has its own unique issues, starting with how to find a reputable builder/developer management company — and the 4 other “Happiness…

Social housing crisis — With a wait list of 181,000, what help is in sight for the proposed shut down of 1000 TCHC units?

Social housing crisis — With a wait list of 181,000, what help is in sight for the proposed shut down of 1000 TCHC units?

The pending Rental Fairness Act attempts to protect the 1.2 million rental householders in Ontario. But there are 181,000 people on the social housing waiting lists in Toronto alone that apparently have no relief in sight — with Toronto’s plan to shut down another 1000 units. The Ontario government may not be directly responsible for…

Rental Fairness Act: Act of kindness, or barrier to affordable housing? Either way, it will change everything for renters.

Rental Fairness Act: Act of kindness, or barrier to affordable housing? Either way, it will change everything for renters.

With 1.2 million rental households in Ontario, frequently rented from condo-owners, the stakes are high for Ontario residents in a “fairness” rental act. Ontario is following through on their announcements of rent control reform. A news release from Ontario’s Ministry of Housing makes it clear The Rental Fairness Act, 2017, is a coming reality. It’s safe…

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