Canada's Condominium Magazine

Monthly Archives: October 2013

Bountiful harvest for community farm with $400,000 from Weston Foundation

Bountiful harvest for community farm with $400,000 from Weston Foundation

A ground-breaking community farm in Toronto received a welcome gift today from the W Garfield Weston Foundation. A grant of $400,000 over three years will be put to use by the Black Creek Community Farm to restore woodlands on the site, create a “food forest and gardens” and provide community programming. Black Creek Community Farm,… Continue Reading

Green renovations pay off, says Scotiabank

Green renovations pay off, says Scotiabank

Most Canadian homeowners want to make their homes more energy efficient and environmentally friendly, according to a ScotiaBank Home Renovations Poll. It found that two-thirds (66 per cent) of Canadian homeowners are likely to consider making green home renovations, even if they were more costly than non-green renovations. About the same number of Canadians agree… Continue Reading

Housing market has more than recovered: TREB

Housing market has more than recovered: TREB

The strong sales in Toronto’s housing market that began last August have continued through the first half of October. The Toronto Real Estate Board’s mid-month report on home sales shows an increase of 21 per cent compared to the same period last year. There were 3,460 sales during the first fourteen days of October, compared… Continue Reading

Upscale marketplace for pre-owned designer home furnishings

Upscale marketplace for pre-owned designer home furnishings

There are plenty of places, both of the virtual and the bricks-and-mortar variety, where you can buy “used” furniture (the term “pre-owned” is preferred in the business), whether you’re a student looking to furnish your first apartment or a “design obsessed” person who loves great furniture and objets. You can browse the shops and the… Continue Reading

Austrians win Solar Decathlon, Ontario team best in engineering

Austrians win Solar Decathlon, Ontario team best in engineering

Teams from Ontario and Alberta made very respectable showings at the Solar Decathlon in California last week, but the overall winner was Team Austria. The Austrians succeeded in designing, building and operating the most cost-effective, energy-efficient and attractive solar-powered house in this year’s competition, which attracted nineteen entries from around the world. The Austrian team… Continue Reading

Canadian Tire REIT raises $265 million in IPO

Canadian Tire REIT raises $265 million in IPO

Canadian Tire has become the latest big-name Canadian retailer to enter the REIT market, raising $263.5 million from an initial public offering. According to reports, Canadian Tire sold 26.35 million trust units at $10 a piece. The yield from CT REIT is reported to be 6.5 per cent, with a capitalization of $1.8 billion. The… Continue Reading

US debt default would be bad, but how bad?

US debt default would be bad, but how bad?

There has been speculation as well as some fear-mongering concerning the possible effects that a government default on the national debt would have on the US real estate market. The head of the National Association of Realtors testified before the Senate Committee on Banking, Housing and Urban Affairs today and urged Congress to raise the… Continue Reading

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