Canada's Condominium Magazine

Monthly Archives: December 2015

Could Canada learn from US index for measuring housing market health?

Could Canada learn from US index for measuring housing market health?

As the US housing market slowly recovered from the great housing recession that hit it in 2007, one of the two government-backed corporations that supports the residential mortgage market, known as Freddie Mac, devised a new way to measure how the housing market is performing. The people at Freddie Mac wanted to know whether the… Continue Reading

Condo lawyer with a past arrested for murder

Condo lawyer with a past arrested for murder

Reading the minutes of a condo board meeting would probably qualify as one of the more boring activities most people could imagine, a great aid for insomnia. This isn’t necessarily a bad thing: interesting or exciting meetings usually signal trouble of some kind. Better dull and predictable than stormy and surprising. Once in a while, though,… Continue Reading

Toronto could become North American hub for Islamic finance

Toronto could become North American hub for Islamic finance

Canada’s safe, sound banking system, its competitiveness, strong economy, and wealth of natural resources, make it a natural destination for Shariah-compliant investors. This is the view of a new report from the Toronto Financial Services Alliance and Thomson Reuters. The report, Canada Islamic Financial Outlook 2016, was unveiled at a World Islamic Banking Conference in… Continue Reading

Virtual reality will continue to transform real estate industry in 2016

Virtual reality will continue to transform real estate industry in 2016

The next big thing in the real estate industry, many believe, will be virtual reality, or VR. Not only can it save developers money, making it unnecessary for them to build expensive model suites to show potential buyers, but it can provide consumers with a whole new level of access to properties around the world. It’s… 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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