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Energy Programs and Incentives Conference (EPIC) 2017

Posted in Bylaws / Regulations, Communications, Development, Elevators, Events, Exterior Building, Finance, Housing, HVAC / Mechanical, Industry Trends, Interior Building, Legislation, Maintenance, Media Releases, Newsworthy, Professional Services, Restoration, Retrofit, Roofing, Suite Renovations, Technology, Utility Management

Energy Programs and Incentives Conference (EPIC) 2017

MINGO Rally presents: The Energy Programs and Incentives Conference (EPIC), Toronto   ONE FOCUS. ONE GOAL. Did you know that more than tens of $millions of energy incentives are available to building owners every year? Navigating the variety of energy programs and incentives available to apartment owners can be overwhelming and intimidating. EPIC – The Energy Programs and Incentives Conference, showcases active energy programs within the City of Toronto, along with their incentives...

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Report: Renovation Investment and the Role of Vacancy Decontrol

Posted in Appraisal, Bylaws / Regulations, CMHC, Communications, Development, Finance, Housing, Industry Trends, Legislation, Newsworthy, Real Estate Law, Rent Control, Tenancy Law

Report: Renovation Investment and the Role of Vacancy Decontrol

FRPO released a second research report undertaken by Urbanation, this time focused on the importance of vacancy decontrol. The report attached is called Renovation Investment and the Role of Vacancy Decontrol. Key findings of the report include three quarters (77%) of purpose built rentals in Ontario received renovation expenditures of $5,000 or more since 2012 with a total investment of $5.2 billion as a result of vacancy decontrol. Vacancy decontrol is a key component on Ontario’s Rental...

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New Canadian Housing and Rental Market Report with Affordability Index

Posted in Appraisal, Bylaws / Regulations, CMHC, Communications, Development, Employment, Finance, Housing, Industry Trends, Newsworthy

New Canadian Housing and Rental Market Report with Affordability Index

After not raising rates for almost seven years, the Bank of Canada surprised many by increasing its benchmark interest rate this month by another +0.25 to 1.0%. This new interest rate increase is the second 0.25 basis-point increase since July, and it is also now widely expected that another +0.25 is to be expected in October. With Canada’s Housing and Rental Markets already having been a hot news topic for Canadians over the past decade with housing prices continued rising pricing...

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Is a mandatory standard lease template coming to Ontario?

Posted in Bylaws / Regulations, Communications, Housing, Industry Trends, Insurance, Legal, Legislation, Newsworthy, Real Estate Law, Tenancy Law

Is a mandatory standard lease template coming to Ontario?

Ontario’s Ministry of Housing is developing a standard lease template. We value your thoughts and opinions and invite you to help us make it useful, easy to understand and fair for both landlords and tenants. Landlord and tenant rights and responsibilities remain the same – we want your input on what information should (or should not) be included in the template. How to participate Step 1: Read the discussion paper below to understand the proposed sections of the standard lease template. Step...

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Small Landlords and Condo Landlords beware! 

Posted in Appraisal, Bylaws / Regulations, Communications, Finance, Housing, Industry Trends, Legal, Legislation, Newsworthy, Real Estate Law, Tenancy Law

Small Landlords and Condo Landlords beware! 

New Rules are in effect if you want to acquire vacant possession of your rental unit based on “landlord’s own use”.  Effective today, the Notices to Tenants have changed as have other obligations, such as the requirement to file an affidavit asserting the use will be in effect for a minimum of one year and the requirement to pay a one month rent penalty.  Notices that you have in August will not be affected, nor will any follow up proceedings at the Board if you need to apply...

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Building New Rentals Can Help Ontario Kick Its Housing Crisis

Posted in Appraisal, Bylaws / Regulations, CMHC, Communications, Condo Conversions, Development, Finance, Housing, Industry Trends, Newsworthy

Building New Rentals Can Help Ontario Kick Its Housing Crisis

by Jim Murphy President, Federation of Rental Housing Providers of Ontario Failure to do so will put more pressures on vacancy rates and continue to inflate housing prices while squeezing new entrants out of the market. With housing prices and apartment rents at an all-time high, Ontario is facing a housing affordability and supply challenge that’s left many people unable to find affordable housing options in its biggest cities. Even with a fall back in the market over the past few...

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Poll says Ontario political parties should address affordable housing

Posted in Bylaws / Regulations, CMHC, Communications, Development, Housing, Industry Trends, Newsworthy

Poll says Ontario political parties should address affordable housing

Most Ontario residents want to see the province’s political parties address home affordability as part of their 2018 election platforms, according to a new poll conducted by Ipsos on behalf of the Ontario Real Estate Association, the Ontario Home Builders’ Association and the Fair Rental-housing Providers of Ontario. Eighty-five per cent of those surveyed agree that Ontario political parties should commit to addressing housing affordability. Most (80 per cent) also agree that that they would...

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CMHC: Housing Market Insight report on Rental Ownership Structure in Canada

Posted in Appraisal, Bylaws / Regulations, CMHC, Communications, Development, Finance, Housing, Industry Trends, Newsworthy, Real Estate Law, Tenancy Law

CMHC: Housing Market Insight report on Rental Ownership Structure in Canada

CMHC released a Housing Market Insight report on Rental Ownership Structure in Canada. It is part of an on-going effort to address “data gaps”, focussing on the ownership structure of the purpose-built rental market and the extent of foreign ownership within that segment of housing in Canada.  The data upon which the report is based comes from a new set of questions added to CMHC’s 2016 Rental Market Survey.  Key highlights include: •             Roughly 90 per cent of purpose-built rental...

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Upcoming Events

Posted in Communications, Events, Marketing

Upcoming Events

GTAA – Annual Charitable Foundation Golf Tournament July 10, 10am Woodbridge – The Country Club GTAA Charitable Foundation Golf Tournament is being held at The Country Club on July 10th.  With a 10 a.m. shotgun tee off, our members enjoy a full day out on the links, which includes a continental breakfast, courtesy driving range, BBQ lunch, 18 holes of golf, cocktail hour and complete dinner, with tournament awards and prizes. For more details, contact lfisher@gtaaonline.com.   FRPO –...

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Greenwin Cares Golf Classic

Posted in Communications, Events, Marketing, Newsworthy

Greenwin Cares Golf Classic

Greenwin is hosting the fifth annual Greenwin Cares Golf Classic. The charity event is being held on Tuesday, June 27, 2017 at the Angus Glen Golf Club in Markham, Ontario. Greenwin Cares (www.greenwincares.ca) raises money and awareness for revitalization initiatives and social programs that benefit people in priority neighbourhoods. Its objectives are to understand and isolate problems of suburban development, socioeconomic deprivation and cultural dislocation, and to open lines of...

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