Canada's Condominium Magazine

Monthly Archives: November 2013

Home affordability slipping but market on track: RBC

Home affordability slipping but market on track: RBC

A new flurry of reports and forecasts has put the focus on Canada’s economy again, and in general the outlook is positive. The economy will grow a little faster next year, though there isn’t exact agreement on the numbers—somewhere around 2.5 per cent, according to the Conference Board of Canada, the International Monetary Fund (IMF)… Continue Reading

Hope for gridlock relief in government infrastructure plan?

Hope for gridlock relief in government infrastructure plan?

Infrastructure is like health; people tend not t0 think about it much until something goes wrong. And there is plenty wrong with the state of infrastructure in Toronto, despite the province’s having spent more than $85 billion on roads, bridges and the like since 2003. In Toronto, with thousands of kilometres of streets, transit lines,… Continue Reading

Builder’s reputation should be top requirement for condo buyers

Builder’s reputation should be top requirement for condo buyers

A documentary called The Condo Game aired on CBC television the other night. The film takes a critical look at some of the problems that the condo boom in Toronto and Vancouver has brought for buyers. Poor construction of buildings, and purchasers’ disappointment with the home they ended up with (as opposed to the home they… Continue Reading

Other Popular Stories

Living comfortably in 500 square feet or less; modular convertible multi-purpose furniture makes the difference

Living comfortably in 500 square feet or less; modular convertible multi-purpose furniture makes the difference

Size is relative. An object that is small to you may be quite large to another person, and vice versa. The same holds true for nearly everything. A relatively small space that leaves one person feeling claustrophobic can — with a little planning and some modular furniture (see videos below) —  be considered spacious and…

More Ontario rules: modest help for seniors and refugees and immigrating nominees

More Ontario rules: modest help for seniors and refugees and immigrating nominees

Ontario has recently introduced legislation geared toward homebuyers and seniors. If the legislation passes, it should make housing much more affordable — although the intended result isn’t always the same as the final outcome in a real market.     Aside from the 15% Non-Resident Speculation Tax (previously reported>>) for non-Canadian citizens, non-permanent residents, and non-Canadian…

The Greater Golden Horseshoe could become greater, golder, and greener: Ontario updates land use plans

The Greater Golden Horseshoe could become greater, golder, and greener: Ontario updates land use plans

In an effort to improve livability in the Greater Golden Horseshoe, while protecting the environment, Ontario has passed updated land use plans intended to encourage sustainable communities. The plans were released on May 18, 2017 after two years of review.     These include updates to the Greenbelt Plan, the Growth Plan for the Greater Golden…

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