Canada's Condominium Magazine

Monthly Archives: March 2014

Toronto market is “balanced . . . moderate” and varied: TD

Toronto market is “balanced . . . moderate” and varied: TD

Buying a pre-construction condo rather than a resale is a bit like buying a bespoke suit instead of off-the-rack. You don’t get instant gratification, but you get something special. Those who buy pre-construction, and we generalize to some extent, are a different breed. While many condo buyers look at the purchase as an investment, expecting… Continue Reading

Housing starts higher in February

Housing starts higher in February

There were more new homes built in Canada in February than Canada Mortgage and Housing Corporation (CMHC) had forecast, despite a slight drop in housing starts in the country’s biggest city. Canada-wide housing starts rose to a seasonally adjusted 192,094 units, a couple of thousand more than the forecast number of 189,500. Some of this… Continue Reading

Tourism industry for Porter expansion as city vote approaches

Tourism industry for Porter expansion as city vote approaches

Whether you support the expansion of Billy Bishop Airport could depend on whether you run a business in the city, particularly one that depends on tourists. The latest statement of support for Porter’s proposal, soon to be voted on by city council, comes from Toronto’s tourism industry, and it relies heavily on estimates of economic… Continue Reading

Cisco Innovation Centre investment great news for Toronto

Cisco Innovation Centre investment great news for Toronto

Cisco’s announcement that it will invest $!00 million in building an Internet of Everything Innovation Centre in Toronto is great news for the city’s IT industry. More jobs will be created, and that is good for the economy. The decision to build in Toronto demonstrates Cisco Canada’s thought leadership in working with the construction and… Continue Reading

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