Canada's Condominium Magazine

Monthly Archives: April 2014

Housing affordability improved thanks to low mortgage rates

Housing affordability improved thanks to low mortgage rates

The Canadian housing market is less affordable than it has been for the past twenty-five years, but affordability did improve somewhat at the beginning of 2014. The market remains “rather lively” and there has been no “noticeable cooling” of activity. Housing data behind the most recent Desjardins Affordability Index show that Canadian households were a… Continue Reading

Uncertainty impedes IT adoption in Canadian companies: PwC

Uncertainty impedes IT adoption in Canadian companies: PwC

Canadian companies know that information technology is important to their success, but they don’t necessarily know how to use it effectively. That’s the finding of a new PwC study, its sixth Annual Digital IQ Survey. The survey measures how businesses “understand, value and weave technology throughout their organizations.” Technological change was identified by survey respondents… Continue Reading

How to become a billionaire entrepreneur

How to become a billionaire entrepreneur

Here is what you need to do to become a billionaire “superentrepreneur.” Live in a country with low tax rates, a low regulatory burden, and a government that encourages entrepreneurship (mainly through low tax rates, especially capital gains tax). Go to school, and stay there until you have a Ph.D. Be creatively destructive, and choose… Continue Reading

Ontario Real Estate Association blasts Toronto land transfer tax

Ontario Real Estate Association blasts Toronto land transfer tax

The Ontario Real Estate Association (OREA) has come out with all guns blazing against Toronto’s Municipal Land Transfer Tax (MLTT), citing several new reports that condemn the tax as a job-killing, economy-stifling wet blanket that must be repealed. Since the tax took effect in 2008, OREA says, Toronto has lost out on almost 40,000 home… Continue Reading

Tridel’s Aqualina honoured at BILD Awards for design, sales team

Tridel’s Aqualina honoured at BILD Awards for design, sales team

Each year the Building Industry and Land Development Association (BILD) hands out awards for the best of the year’s home-building projects in the GTA. Awards are given in forty-seven different categories, for both high-rise and low-rise developments. The categories include marketing, public relations, design, community building and green building practices, as well as several special… Continue Reading

CMHC’s tighter rules could be a pain for many home buyers

CMHC’s tighter rules could be a pain for many home buyers

Canada Mortgage and Housing Corporation (CMHC) says that new restrictions on mortgage loan insurance announced on Friday will not affect large numbers of Canadian home buyers. Maybe not, but those affected will certainly feel it. The agency says that will be about 3 per cent of its “insured business volumes in units.” Under the bland bureaucratese,… Continue Reading

Prizes awarded for waterfront development ideas

Prizes awarded for waterfront development ideas

The non-profit Urban Land Institute, a Toronto think tank for urban development and land use, held a competition to get designers and planners thinking about the perennial Toronto problem: how to reconnect the city with the waterfront. Because of the way the city developed, with a massive east-west transportation corridor running parallel to the waterfront,… Continue Reading

World congress on health and design in Toronto: can you say salutogenesis?

World congress on health and design in Toronto: can you say salutogenesis?

Toronto hosts some unusual and interesting events, but a five-day conference that attracts some of the leading architects, designers, intellectuals and health specialists from around the world has to be something special. A major international event about health care, one of this country’s favourite topics to complain about, would be enough to generate interest all… Continue Reading

Other Popular Stories

Ten reasons why condos might be the “Goldilocks” solution to your urban home needs

Ten reasons why condos might be the “Goldilocks” solution to your urban home needs

For Toronto- or Vancouver-based home-owners “Goldilocks” may seem like a dream in the face of double digit increases in home values. Even with the recent increase in listings, and the multi-point plan by Government to cool markets, the bargains are not to be found in resale homes and condos. Goldilocks market seems like a far-off…

My boomerang story: what I learned about how to stop your adult kids from boomeranging back into your home.

My boomerang story: what I learned about how to stop your adult kids from boomeranging back into your home.

By Sassa Brown I was a Boomerang kid. I didn’t want to be. I had to be. This is my story. But first, let me explain that your kids know you are anxious to settle down and relax. They want you to enjoy yourselves in peace and quiet, with the knowledge that they raised good, well-adjusted children….

Ontario home-buyers face Goldilocks housing dilemma with 70% unable to find homes that meet their needs

Ontario home-buyers face Goldilocks housing dilemma with 70% unable to find homes that meet their needs

According to a recent report by the Canadian Center for Economic Analysis, approximately 70% of Ontario’s residents are unable to find housing that adequately meets the needs of their household.     While many residents are unable to find houses that are big enough, others are finding it difficult to locate houses that are small…

SHARE WITH US

Subscribe to condo.ca

@ 2017 condo.ca  |  Designed by Persona Corp