Canada's Condominium Magazine

Monthly Archives: January 2016

Saks, Nordstrom facing “choppy” year for commercial real estate in Canada

Saks, Nordstrom facing “choppy” year for commercial real estate in Canada

Target, everybody agrees, failed spectacularly in its move into the Canadian retail market. It was almost literally a case of here today, gone tomorrow. They built them, but the people didn’t come. Undeterred, a couple of other big US retailers, ones that sell to the carriage trade rather than the bargain hunters, are set to… Continue Reading

U.S. crackdown on money laundering in luxury real estate markets

U.S. crackdown on money laundering in luxury real estate markets

As Canadians, we don’t usually worry much about corrupt public officials and politicians stealing money from the public coffers to enrich themselves, building lavish mansions and living like princelings. That happens in other countries, not here. But that is only one form of corruption. Canada, it turns out, has a poor reputation for dealing with… Continue Reading

Google set to unveil latest expansion in Kitchener-Waterloo

Google set to unveil latest expansion in Kitchener-Waterloo

You have to admire a company that thinks big. Google thinks big. Google’s mission is nothing less than “to organize the world’s information and make it universally accessible and useful.” That’s very big. It goes about achieving this mission through many familiar products. Its web browser, Google Chrome; Google Maps; Google Apps; YouTube; Gmail. The… Continue Reading

Toronto unique in the world for steady two-decade rise in home prices

Toronto unique in the world for steady two-decade rise in home prices

In many countries, housing prices tend to be volatile. Since 1980, the price of a house in countries like the United States, England, France, Greece and Spain has risen and fallen, often dramatically. In England, the rises and falls have been steep. From about 1990 to the financial crisis of 2007, house prices in England shot… Continue Reading

Restoration of Don River a vital component of Port Lands development plan

Restoration of Don River a vital component of Port Lands development plan

The body that owns and operates Billy Bishop Airport, the Outer Harbour Marina and two terminals in the Port of Toronto has released its first annual sustainability report. PortsToronto, formerly the Toronto Port Authority, says that it has looked at all of its operations in terms of community, economic and environmental sustainability. Highlights include the… Continue Reading

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