TELUS Living opens second B.C. rental community in Nanaimo
Real estate arm of telecom has over 40 projects in its pipeline, aims to build 10,000 homes Evan Duggan Business Writer, Aug. 4 2026 TELUS Living, a development branch of the telecom company aimed at converting many of its unneeded network sites into housing, has opened its second purpose-built rental community in B.C. Located at 235 Wallace St. in downtown Nanaimo, the six-level building has 195 rental homes. The Nanaimo development is part of TELUS’ long-term strategy to repurpose...
read moreWinnipeg industrial vacancy rate increases as activity surges
Developers remain confident despite return of space by some users Peter Mitham, Jul 29, 2026 Winnipeg bucked a downward trend in industrial vacancies nationwide in the second quarter, but a host of new development proposals underscores confidence among developers. The city’s industrial availability rate rose to 3.8 per cent in the quarter, according to CBRE Ltd., up from 3.4 per cent in the previous quarter and 3.2 per cent a year earlier. The increase ran counter to the national market, where...
read moreLTB: Operational Update Increasing Public Access to Final LTB Orders
July 24, 2026 Tribunals Ontario is increasing public access to Landlord and Tenant Board (LTB) orders. Starting July 24, 2026, the LTB will begin posting final orders issued between January 2026 and May 2026 on the Ontario government’s Open Data Catalogue (ODC). This will not include orders for which confidentiality has been granted. The LTB will then commence publishing orders dating back to 2021 in phases, with historical orders added incrementally over time. Current orders will be posted on...
read moreBank of Canada Warns There’s A Big Glut of Tiny Condos, Slashes Forecast
By Stephen Punwasi, July 16, 2026 Canada’s central bank is bullish on housing investment—though its latest report makes it unclear why. The Bank of Canada (BoC) surprised no one by leaving its overnight rate unchanged, but the accompanying Monetary Policy Report (MPR) did suggest residential investment will pick up. The BoC didn’t support that claim, but instead cited a number of headwinds and downgraded its forecast for the current year. They know what picking up means, right? BoC Sees...
read moreToronto falls from fastest-growing metro to 412th as residents move elsewhere
Toronto’s population growth slowed dramatically in 2025 as lower immigration and continued domestic out-migration reshaped growth patterns across Canada’s largest cities. Written by CMT Team Real Estate July 10, 2026 Toronto fell from the fastest-growing metropolitan area in Canada and the United States in 2024 to 412th out of 435 metros in 2025, according to a new analysis from Toronto Metropolitan University’s Centre for Urban Research and Land Development. The report, authored by senior...
read moreCanada’s economy set for second quarter rebound, breaking slump
Canada’s economy is set to rebound sharply in the second quarter amid a spike in oil production, breaking a half-year of stagnation. By Erik Hertzberg with assistance from Mario Baker Ramirez. June 30, 2026 (Bloomberg) — Canada’s economy is set to rebound sharply in the second quarter amid a spike in oil production, breaking a half-year of stagnation. Gross domestic product expanded 0.1% in May, according to a flash estimate from Statistics Canada released Tuesday. It rose 0.5% in April,...
read moreHomes under $500K taking up bigger share in Ontario real estate market: report
Condos account for much of the recent uptick in affordability, data shows The Canadian Press · Posted: Jun 24, 2026 A new report says homes valued under $500,000 are taking up a bigger share of Ontario’s real estate landscape, led by a shift in the condominium market. New data released by the Municipal Property Assessment Corp. (MPAC) showed those lower-valued homes now account for nearly 24 per cent of Ontario’s real estate market, up from 17 per cent in 2022. Despite that...
read moreB.C. development association cancels awards, citing ‘worst housing market in decades’
UBC expert says it’s ‘almost impossible’ to make money today on land bought around 2021 and 2022 Arden McLeod · CBC News · Posted: Jun 19, 2026 Two years ago, in one of its busiest showings, nearly 600 industry leaders gathered at the Hyatt Regency in Vancouver to celebrate the Urban Development Institute’s (UDI) 40th Awards of Excellence. This year, the event has been cancelled. “We’re in one of the worst housing markets in decades… There is little to celebrate...
read moreRESCON: Land scarcity problem is strictly a myth
Ontario does not have a land scarcity problem. Rather, it has a serviced, approved and buildable land scarcity problem. Richard Lyall, Published Jun 12, 2026 American writer and humourist Mark Twain once said, “The trouble with the world is not that people know too little; it’s that they know so many things that just aren’t so.” That premise, it seems, can be applied to the thinking around land supply for housing. For years, a popular narrative has dominated Ontario’s housing debate: we are...
read moreWhat the latest tariff chaos could mean for the Canadian mortgage market
New US forced-labour duties target Canada and the implications for mortgage rates could be significant By Liezel Once, 03 Jun. 2026 A new round of proposed United States trade measures threatens to add fresh uncertainty to Canada’s mortgage market, with the Trump administration announcing plans to impose a 10% tariff on Canadian exports over allegations the country has not done enough to prohibit goods made with forced labour. The announcement, made by US Trade representative Jamieson...
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