Canada's Condominium Magazine

Monthly Archives: March 2015

Strong real estate helps offset weak natural resources in Teachers’ plan

Strong real estate helps offset weak natural resources in Teachers’ plan

Diversify. It’s one of the fundamental tenets of the successful investor. You don’t put all your eggs in one basket. The performance of the Ontario Teachers’ Pension Plan (Teachers’) provides a good example of why this is true. The plan just announced that its rate of return on investment for the year 2014 was 11.8… Continue Reading

Public interest not served by regulation of skilled trades: report

Public interest not served by regulation of skilled trades: report

Ontario’s construction industry is at a crossroads, says a new report written for some of the province’s most prominent construction associations. The industry’s role is clear: to build “safe and affordable homes” for Ontarians, as well as all the other types of buildings we need, from industrial plants to subways. The problem is a “growing… Continue Reading

Mortgage rates lower than ever, but look for other key features

Mortgage rates lower than ever, but look for other key features

It seems that Canadians are getting used to living in a world in which mortgage rates are low and home prices are high. Canadians have traditionally preferred the security of a fixed-rate mortgage rather than the variable-rate type. CIBC says it has new data showing that the preference for five-year fixed-rate mortgages is stronger than… Continue Reading

Innovation guru tells construction industry it has to change

Innovation guru tells construction industry it has to change

The Canadian Construction Association is just wrapping up its 97th annual conference, held in San Antonio, Texas. Canada’s own innovation guru, Jeremy Gutsche, best-selling author, motivational speaker, and founder and CEO of Trendhunter.com, delivered the kick-off talk which was titled: Adapt & Disrupt: Capture New Business Opportunities and Stay Ahead of the Pack. Gutsche frames… Continue Reading

National condo markets balanced in 2015, except in Alberta: report

National condo markets balanced in 2015, except in Alberta: report

The condominium markets in Canada’s main cities for the remainder of 2015 will perform according to the overall economic conditions in those cities. Calgary and Edmonton will experience weak economic growth because of the collapse of global oil prices, and can expect their condo markets to drop off sharply in terms of sales. Toronto and… Continue Reading

Toronto chef and craft brewer plan luxury villa hotel in Tuscany

Toronto chef and craft brewer plan luxury villa hotel in Tuscany

Tuscany, richest of all the world’s treasuries of art, culture, cuisine and fine living, is where millions of tourists flock to gaze on Michelangelo’s David, and Botticelli’s Primavera; to ponder the beauty of Florence’s famous Duomo, Sienna’s Piazza del Campo and Pisa’s leaning tower. It is the sunny, happy land of rolling hillsides draped in… 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…

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