Canada's Condominium Magazine

Monthly Archives: April 2015

Low risk, modest overvaluation in housing markets: CMHC

Low risk, modest overvaluation in housing markets: CMHC

The two Canadian cities with the highest-risk housing markets are—Regina and Winnipeg? Expensive Vancouver’s housing market is low risk? Toronto with its million-dollar average homes, runaway sales and bidding wars is just moderately risky? That’s what the man wrote, the man at Canada Mortgage and Housing Corporation (CMHC). Chief Economist Bob Dugan said in a… Continue Reading

CivicAction Summit tackles city’s main social problems

CivicAction Summit tackles city’s main social problems

What are the most important issues that face a city like Toronto at this point in our history? Employment? Homelessness? Transit? All of those, no doubt, but for this year’s CivicAction Summit, dubbed the “Better City Bootcamp,” the priorities may seem a little surprising: Housing affordability Mental health support in the workplace Childhood health Infrastructure… Continue Reading

Canada’s businesses not coping well with disruptive technologies: reports

Canada’s businesses not coping well with disruptive technologies: reports

Two new studies find that Canadian companies, including the banks, are falling behind the rapid pace of technological change sweeping the world. A Deloitte study warns that Canada’s corporations are woefully unprepared for the future—that means tomorrow, in this age of non-stop technological disruption—while a survey of Canada’s bank customers reveals that the financial institutions… Continue Reading

Finch West LRT a go; will not disrupt trucking, says mayor

Finch West LRT a go; will not disrupt trucking, says mayor

Another line on the transit map of Toronto will soon change from “future” to “existing.” The Finch West LRT line is to go ahead. Ontario’s transportation minister, Steven Del Duca, announced the construction today, saying that building the Finch West line was a question of putting “progress before politics.” Though the line is being financed… Continue Reading

Other Popular Stories

Rental Fairness Act: Act of kindness, or barrier to affordable housing? Either way, it will change everything for renters.

Rental Fairness Act: Act of kindness, or barrier to affordable housing? Either way, it will change everything for renters.

With 1.2 million rental households in Ontario, frequently rented from condo-owners, the stakes are high for Ontario residents in a “fairness” rental act. Ontario is following through on their announcements of rent control reform. A news release from Ontario’s Ministry of Housing makes it clear The Rental Fairness Act, 2017, is a coming reality. It’s safe…

Ask the Lawyer: Condo owner worried about legalization of marijuana, if “every household can grow 4 plants… damage could be vast”

Ask the Lawyer: Condo owner worried about legalization of marijuana, if “every household can grow 4 plants… damage could be vast”

Reader Question “I have one concern that is up coming and both Property Management Corp and the Board of Directors should address: it is the legalization of marijuana. With that, every household can grow 4 plants at home. However, if we allow growth of marijuana in a condo unit, the damage could be vast; affecting…

3D printed homes from recycled materials are both green and economical; ideal for low-cost housing?

3D printed homes from recycled materials are both green and economical; ideal for low-cost housing?

3D printing is not new to the construction industry, although a new development from Apis Cor may make it more practical for some applications such as low-cost housing in Municipalities. Unlike older 3D printers, which run on tracks inside “factories” to produce components, the Apis Cor is the first 3D printer that is mobile enough…

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