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

Other Popular Stories

What to do Victoria Day weekend: the most fun for the lowest cost in the Greater Toronto Area

What to do Victoria Day weekend: the most fun for the lowest cost in the Greater Toronto Area

  We’ve all been waiting for that first big, warm weekend of the year — Victorial Day. Schools are closed, and many people have extra time off work, and we’re primed and ready to go after all the rain and cool weather this spring. With summer beginning, and a long, celebratory weekend ahead, it is the…

Sellers rushing to cash out? Listings up 32% April while prices increased Nationally an average of 10 % over the last year

Sellers rushing to cash out? Listings up 32% April while prices increased Nationally an average of 10 % over the last year

The impact of the Ontario Government “Fair Housing” rules is starting to be felt, manifesting in the move of some sellers to list their properties – likely to “beat” the  anticipated moderation of prices. Based on Vancouver’s experience with similar rules, economists aren’t expecting a major cool down, and almost certainly a short one.  …

Condo Community Alliance: building a network to keep your family and neighbours happy and safe

Condo Community Alliance: building a network to keep your family and neighbours happy and safe

If you have any experience living in condos and apartments, then you know that living in such close proximity to your neighbours means getting to know them on a really personal level, whether you like it or not. You see and hear far more than you anticipated, from rambunctious children and barking dogs to midnight…

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