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

Even with a dip in home sales, as markets adjust to new rules, new home pricing remains high due to low supply and “right sizing” dilemma

Even with a dip in home sales, as markets adjust to new rules, new home pricing remains high due to low supply and “right sizing” dilemma

Although some recent reports show a drop in actual resale sales — in the short-term dramatic double digit drops according to some brokers — prices are showing no sign of dropping on new homes.[1] The Building Industry and Land Development Association recently released data detailing rising costs for new detached and semi-detached homes, as well…

Living comfortably in 500 square feet or less; modular convertible multi-purpose furniture makes the difference

Living comfortably in 500 square feet or less; modular convertible multi-purpose furniture makes the difference

Size is relative. An object that is small to you may be quite large to another person, and vice versa. The same holds true for nearly everything. A relatively small space that leaves one person feeling claustrophobic can — with a little planning and some modular furniture (see videos below) —  be considered spacious and…

More Ontario rules: modest help for seniors and refugees and immigrating nominees

More Ontario rules: modest help for seniors and refugees and immigrating nominees

Ontario has recently introduced legislation geared toward homebuyers and seniors. If the legislation passes, it should make housing much more affordable — although the intended result isn’t always the same as the final outcome in a real market.     Aside from the 15% Non-Resident Speculation Tax (previously reported>>) for non-Canadian citizens, non-permanent residents, and non-Canadian…

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