Canada's Condominium Magazine

Monthly Archives: June 2014

A piece of Toronto on the auction block in London

A piece of Toronto on the auction block in London

Every Torontonian who’s driven north on the DVP past Lawrence Avenue knows the rainbow tunnel. It’s been a smile-raising fixture on that roadway, often repainted, since the early 1970s. A Scottish-born, Canadian-raised painter named Peter Doig painted the rainbow tunnel several times in the following years after he had returned to Britain. The version known… Continue Reading

Regulator calls for vigilance by Canada’s banks and mortgage insurers

Regulator calls for vigilance by Canada’s banks and mortgage insurers

The Deputy in the Office of the Superintendent of Financial Institutions, the regulating body that oversees Canada’s banks, issued a call for vigilance and caution to the country’s banks and mortgage insurers, saying that while they are solid and sound, no one should be complacent. The lending environment today is riskier than ever, and the… Continue Reading

Disruptive innovation is companies’ goal, but it’s hard: GE report

Disruptive innovation is companies’ goal, but it’s hard: GE report

Today, a lot of companies have dedicated innovation executives whose jobs are to encourage innovative activities and make them profitable. We wonder if they dream of the great Macintosh launch ad of 1984, aired just once nationally at that year’s Super Bowl XVIII (and directed by Ridley Scott, no less). This was arguably disruptive technology’s… Continue Reading

Optimistic Canadian companies spending on cloud computing, technology

Optimistic Canadian companies spending on cloud computing, technology

The global economy is on the mend, but the CFOs of the world’s companies are playing it safe and watching how they spend their money. There’s an “odd mixture of hope and skepticism” at play, with CFOs looking at both aggressive investment and tightly controlled spending. According to American Express’s Global Business and Spending Monitor,… 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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