The Latest information in Pre-Construction Condos
Seniors housing touted as 2019's safest investment
With seniors slated to comprise nearly a quarter of Canada’s population by 2030, real estate that caters to their needs is being touted as one of the most investment-friendly sectors this year.
That’s in spite of a somewhat volatile interest…
Oracle opens next generation Oracle Cloud Infrastructure data centre in Toronto
With a focus on security and performance, Oracle today announced the opening of a 700,000 square-foot data centre in Toronto to support customer demand in the region.
Oracle has “leapfrogged” the competition when it comes the next-generation…
New condo sales are still surging in these Canadian housing markets
A national trend of dampening homes sales has not swept through the new condo segment of every large Canadian housing market.
Activity is markedly down in a number of Canada’s major housing markets, but new condo sales in a handful of cities…
“No more detached homes for you,” economist tells Canada
In the not so distant past, Canadian contractors were building more single-family homes than multi-family homes, such as condo apartments.
It’s a very different story today — so much so that an economist with one of Canada’s biggest…
The Bank of Canada is wrong. Canadian bankruptcies aren’t on the rise, says Scotiabank
An executive with one of the biggest Canadian banks is questioning the judgement of the Bank of Canada’s governor over his comments about bankruptcies in the country.
When Stephen Poloz announced this week that the central bank was maintaining…
Canada 6th in the world at attracting talent
Switzerland once again clinched the top spot in a global survey on fostering and attracting talent, in a top 10 list that includes Canada but not the U.S., and no Asian nations.
The country retained its title for the fifth consecutive year…
GTA condos saw record-breaking rent rises in 2018
Condo apartment owners in the GTA saw higher returns on their investments in 2018 with rents setting a new record.
Urbanation, which has been tracking rents in the market since 2010, says last year’s 9.3% increase was the largest it has…
Toronto can’t build office towers fast enough
A decade ago, an office landlord might have gone into crisis mode upon learning a tenant as big as Canadian Imperial Bank of Commerce was preparing to flee to a new development down the street. But these days, perhaps nothing says more about…
Monthly rent across Canada expected to rise — especially in these 3 cities: report
“There’s no doubt there has been huge growth in rent prices over the last couple of years, but [anecdotally speaking], it seems to have stabilized in Vancouver,” adding that he predicts the city will not see rental increases in 2019, as…
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