Canada's Condominium Magazine

Monthly Archives: February 2015

Ontario’s home builders welcome Greenbelt and Growth Plan review

Ontario’s home builders welcome Greenbelt and Growth Plan review

The Ontario government today announced more details concerning the pending review of the province’s greenbelt laws. It is the tenth anniversary of the Greenbelt Act, 2005, which created the “largest permanently protected greenbelt in the world,” the announcement says. The act protects farmland, green space and clean water. Public consultations will be held around the… Continue Reading

The Bay announces $3.4 billion commercial real estate joint venture

The Bay announces $3.4 billion commercial real estate joint venture

What does a giant retailer with over three centuries of history behind it do when its real estate assets are worth more than the company itself? It separates its assets from its operations, of course. In the case of Canada’s iconic Hudson’s Bay Company (HBC), whose extensive real estate holdings are reportedly worth $9.2 billion,… Continue Reading

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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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