Canada's Condominium Magazine

Monthly Archives: May 2016

Toronto joins 100 Resilient Cities Network with promise to solve infrastructure, transit problems

Toronto joins 100 Resilient Cities Network with promise to solve infrastructure, transit problems

The City of Toronto announced today that it has been selected to join the 100 Resilient Cities Network, a global network of cities working together to build urban resilience. Membership will give Toronto access to tools, funding, resources and technical expertise that will help it meet the physical, social and economic challenges it faces. The… Continue Reading

UN cities report urges better urban planning to reach climate change goals

UN cities report urges better urban planning to reach climate change goals

A new UN report on urban development is calling for a New Urban Agenda to correct the “spectacular” failures of urban policy in cities around the world. The UN Habitat World Cities Report 2016 makes a strong link between the growth of cities and the UN’s sustainability and climate change goals. Cities, the report maintains,… Continue Reading

Interesting times for banking industry as fintech growth soars

Interesting times for banking industry as fintech growth soars

Bill Gates is reported to have said more than twenty years ago that while consumers and businesses will always need banking services, they will not always need banks, thus unofficially inaugurating, or at least foretelling, the era of the fintech industry. Fintech, or financial technology, is a rapidly growing industry. According to Rohit Mahna, general… Continue Reading

Survey reveals "confidence gap" between men and women home buyers

Survey reveals "confidence gap" between men and women home buyers

Here’s a paradox: women now drive the world economy, according to the Harvard Business Review, controlling around $20 trillion in annual consumer spending, and women make almost all of the purchasing decisions in the home, yet when it comes to buying a home, women are much less confident than men, and worse, they feel unappreciated.… Continue Reading

Other Popular Stories

15 percent non-resident speculation tax becoming reality for Ontario; may help temper “frantic” real estate market “without unintended consequences”

15 percent non-resident speculation tax becoming reality for Ontario; may help temper “frantic” real estate market “without unintended consequences”

As expected, Kathleen Wynn moved to cool down the sizzling hot GTA real estate market with a bundle of measures, led by new 15 percent non resident speculation tax. Investors who are residents are exempt, although separate “policies” may also target locals. Expanded rent controls are also certain. “When I talk about the frenzy in…

Ask the Lawyer: Condo owner wants action on noisy Airbnb “tenants”

Ask the Lawyer: Condo owner wants action on noisy Airbnb “tenants”

Reader Question: “I believe my neighbour is renting out with Airbnb. I see people I don’t know coming and going, making lots of noise. I also don’t feel safe in this environment. What can I do about this? So far, complaining to management hasn’t helped.” Do you have a question for Richard? Please reach out…

Sousa again promises action in GTA real estate market and rent controls in “coming week”

Sousa again promises action in GTA real estate market and rent controls in “coming week”

In another of several announcements promising action on the Ontario housing market — this one promising “in the coming week” — Ontario’s Finance Minister Charles Sousa revealed more details of the pending plan to rein in speculative market pricing in the GTA area. A combination of low supply and excessive demand has thrust house pricing…

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