Canada's Condominium Magazine

Monthly Archives: July 2016

Report puts value on Canada's tech sector, warns about falling behind

Report puts value on Canada's tech sector, warns about falling behind

Using an expanded definition of the information and communications technology (ICT) sector, researchers at Ryerson University’s Brookfield Institute have found that Canada’s high-tech sector is larger and more important to the economy than previously thought. According to the study’s authors, Creig Lamb and Matthew Seddon, ICT was directly responsible for $117 billion or 7.1 per… Continue Reading

Report puts value on Canada’s tech sector, warns about falling behind

Report puts value on Canada’s tech sector, warns about falling behind

Using an expanded definition of the information and communications technology (ICT) sector, researchers at Ryerson University’s Brookfield Institute have found that Canada’s high-tech sector is larger and more important to the economy than previously thought. According to the study’s authors, Creig Lamb and Matthew Seddon, ICT was directly responsible for $117 billion or 7.1 per… Continue Reading

Strong Q2 sales in Toronto's condo segment; lack of new listings leads to sellers' market conditions

Strong Q2 sales in Toronto's condo segment; lack of new listings leads to sellers' market conditions

Double-digit increases in sales no longer raise any eyebrows among observers of Toronto’s real estate scene, so today’s announcement that sales of condominiums in the second quarter of the year were up 17.4 per cent compared to a year ago is really just business as usual. It’s a pretty significant number nonetheless. In the months… Continue Reading

Strong Q2 sales in Toronto’s condo segment; lack of new listings leads to sellers’ market conditions

Strong Q2 sales in Toronto’s condo segment; lack of new listings leads to sellers’ market conditions

Double-digit increases in sales no longer raise any eyebrows among observers of Toronto’s real estate scene, so today’s announcement that sales of condominiums in the second quarter of the year were up 17.4 per cent compared to a year ago is really just business as usual. It’s a pretty significant number nonetheless. In the months… 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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