Canada's Condominium Magazine

Monthly Archives: June 2015

Intense interest in housing market among first-time buyers: report

Intense interest in housing market among first-time buyers: report

New data from Canada’s mortgage brokers show that first-time buyers, and particularly those belonging to Generation Y, are showing “intense interest” in Canada’s housing market. The data reveal that of the 620,000 homes sold each year in Canada, 280,000 of them, or 45 per cent, were bought by first-time buyers. Of those first-time buyers, 160,000… Continue Reading

Ontario to beef up accessibility awareness, enforcement

Ontario to beef up accessibility awareness, enforcement

In 2005, the Accessibility for Ontarians with Disabilities Act (AODA) became law in Ontario. The government’s stated goal was to have a fully accessible province by the year 2025. Now, halfway to that deadline, the Ministry of Economic Development, Employment and Infrastructure has released an “action plan” that takes stock of what has been achieved… Continue Reading

Housing starts, led by condo construction, rebound in May

Housing starts, led by condo construction, rebound in May

May home construction in Canada reached its highest level since last July, with a seasonally adjusted annual rate (SAAR) of 201,705 starts across the country. This was an increase of 10.2 per cent over April. New condos accounted for about two-thirds of all new housing construction, outnumbering single-family homes by about two to one. Condo… Continue Reading

Developers call for Gardiner East tear-down

Developers call for Gardiner East tear-down

The tear-down-the-Gardiner Expressway movement received a powerful boost today from a coalition of Toronto’s biggest developers and investors. Under the name “CityBuilders,” the group sent a letter to all city councillors, calling on them to vote against the mayor next week when the future of the eastern section of the Gardiner comes to a vote.… Continue Reading

City workers overpaid by $3.4 billion, small business group claims

City workers overpaid by $3.4 billion, small business group claims

The lobby group that speaks for small business in Canada says that municipal workers in this country are overpaid and cities spend beyond their means. The average municipal government worker earns $6.43 more per hour than private sector counterparts, a wage gap of 22 per cent, says a report from the Canadian Federation of Independent… Continue Reading

University degree means higher earnings, better jobs: report

University degree means higher earnings, better jobs: report

A university degree is the ticket to a better job, higher earnings, lower debt, and better prospects for the future. The Council of Ontario Universities (COU) says that Ontario university graduates have the best “labour outcomes” and the highest incomes, compared to graduates of colleges, trades programs, and high school. “Data consistently show that Ontario’s… Continue Reading

Canadian architect proposes world’s tallest wood building for Paris

Canadian architect proposes world’s tallest wood building for Paris

A Canadian firm, Michael Green Architecture (MGA) of Vancouver, has submitted a proposal for a thirty-five-storey wood skyscraper as part of the city of Paris’s Réinventer Paris competition. Comparing the proposed building to the Eiffel Tower, Michael Green said it would “push the envelope” of wood innovation and usher in the “next era of architecture.”… Continue Reading

Other Popular Stories

Easter can be dangerous for pets and children: lilies, ham and chocolate can be toxic

Easter can be dangerous for pets and children: lilies, ham and chocolate can be toxic

Easter can be dangerous for young children and pets if condo owners display seasonal Easter lilies and other flowers. Also topping the list of easter cautions for pets in particular: ham is dangerous for cats and dogs and can cause pancreatitis tasty packaging: good foods with tasty smells can be ingested by pets, leading to choking…

Ontario to target real estate "scalpers" with "responsible reforms" to help cool rises in home prices

Ontario to target real estate "scalpers" with "responsible reforms" to help cool rises in home prices

As expected, Finance Minister Charles Sousa announced that pending Ontario government intervention will target speculators — an attempt to help ordinary buyers and sellers. He emphasized that the Ontario government would not be targeting real estate agents who facilitate bids. In his remarks to journalists at Queen’s Park, he compared speculators to “scalpers” who grab…

Ask the Lawyer: Richard Hoffman replies to a reader concerned over a fire caused by a resident with dementia

Ask the Lawyer: Richard Hoffman replies to a reader concerned over a fire caused by a resident with dementia

By popular demand, Condo.ca, Canada’s Condominium Magazine, is pleased to bring back “Ask the Lawyer.” We invite readers to submit their condo related questions to Richard Hoffman, a lawyer with DelZotto, Zorzi LLP, practicing in the area of condominium law. Do you have a question for Richard? Please reach out to us through our contact…

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