Canada's Condominium Magazine

Monthly Archives: October 2015

Condo reform bill passes second reading; public’s comments invited

Condo reform bill passes second reading; public’s comments invited

Ontario’s proposed new condominium legislation has moved one step closer to becoming law by passing second reading in the legislature. Bill 106, the Protecting Condominium Owners Act, now moves to the standing committee on finance and economic affairs, which will hold two public hearings later this month at Queen’s Park. The public are invited to… Continue Reading

Home construction up in most of country in September

Home construction up in most of country in September

Home builders were very active across Canada in September. Housing starts were up in most areas of the country, with the exception of Ontario, where they dropped slightly. The total for Canada reached 230,701 units, the strongest level since 2012. Starts were up in both the single detached and multi-unit categories, Canada Mortgage and Housing… Continue Reading

Commercial real estate investors stymied by lack of product: report

Commercial real estate investors stymied by lack of product: report

The only thing holding back investors in Canada’s commercial real estate sector is a lack of available “quality product,” according to Toronto-based real estate services firm Avison Young. Surplus capital, low interest rates and lack of product characterize the marketplace in Canada, an Avison Young investment market overview says. Nevertheless, investor interest remains high. While… Continue Reading

Toronto report aims to inspire cooperation, participation

Toronto report aims to inspire cooperation, participation

Toronto’s Vital Signs 2015, the fourteenth annual state of the city report from the Toronto Foundation, should be required reading for anyone interested in how the city is faring: politicians, planners, philanthropists, voters, volunteers, neighbours. Not only is it a treasure trove of facts and figures about every aspect of life in this city, it… Continue Reading

Versatile, sophisticated white named Colour of the Year for 2016

Versatile, sophisticated white named Colour of the Year for 2016

The year 2016 is still almost three months away, but the people at Benjamin Moore Colour Studio no doubt want to give designers, decorators and do-it-yourselfers an early heads-up on an important piece of news: the Colour of the Year. The “highly anticipated” colour is—white. Not strictly a colour, of course, but white is “transcendent,… Continue Reading

Green office buildings pay off for owners, tenants, study finds

Green office buildings pay off for owners, tenants, study finds

Office buildings that incorporate various sustainability and energy efficiency features are not only better for the environment and for the people who work in them, they are also more valuable to their owners. The correlation between buildings’ sustainability features and their economic performance has been observed for some years now, but, according to a new… Continue Reading

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