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The 10 key themes from CMHC’s National Housing Conference

Posted in Bylaws / Regulations, CMHC, Development, Finance, Housing, Industry Trends, Real Estate Law, Senior Housing, Student Housing, Tax Law, Tenancy Law

The 10 key themes from CMHC’s National Housing Conference

Organized as part of the National Housing Strategy, the Conference brought together housing industry experts, researchers, policy makers and practitioners. The event was a forum for collaboration and sharing of experiences and lessons from Canada and around the world. By bringing a diverse group of professionals together, we hoped to innovate on solutions to address Canada’s housing needs. The 10 key themes from the National Housing Conference During the various discussions and sessions held...

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Federal carbon tax is constitutional, Ontario’s top court rules

Posted in Bylaws / Regulations, Communications, Finance, Health & Safety, Industry Trends, Legal, Legislation, Newsworthy, Tax Law

Federal carbon tax is constitutional, Ontario’s top court rules

The federal government’s carbon pricing scheme is constitutionally sound and has the critical purpose of fighting climate change, Ontario’s top court ruled in a split decision on Friday. The Greenhouse Gas Pollution Pricing Act, enacted in April, is within Parliament’s jurisdiction to legislate in relation to matters of “national concern,” Chief Justice George Strathy wrote on behalf of the court. “Parliament has determined that atmospheric accumulation of...

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RHBTV – WATCH INDIVIDUAL SEGMENTS NOW.

Posted in Bylaws / Regulations, CMHC, Communications, Development, Employment, Events, Exterior Building, Finance, Fire Safety, Housing, Industry Trends, Insurance, Interior Building, Legal, Legislation, Marketing, Newsworthy, Professional Services, Real Estate Law, Rent Control, Restoration, Tax Law, Technology, Tenancy Law, Utility Management

RHBTV – WATCH INDIVIDUAL SEGMENTS NOW.

RHB TV is Canada’s first digital news broadcast for the RENTAL HOUSING INDUSTRY! Each episode covers a variety of topics affecting the multi-residential market, such as market insights and trends, legal, finance, development and acquisitions, CMHC data and reports, energy efficiency, capital expenditures and more.  Here is a segment-by-segment breakdown of the premiere episode. Visit the corresponding links to watch each segment NOW! NEWSDESK Bill 108 is making national headlines. Learn more...

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RHB TV is now live!

Posted in Appraisal, Bylaws / Regulations, CMHC, Communications, Development, Employment, Events, Finance, Housing, HVAC / Mechanical, Industry Trends, Insurance, Interior Building, Laundry, Legal, Legislation, Maintenance, Marketing, Newsworthy, Professional Services, Real Estate Law, Rent Control, Tax Law, Technology, Tenancy Law, Utility Management

RHB TV is now live!

RHB TV is the first and only news broadcast for the RENTAL HOUSING INDUSTRY. For the past 18-months, the RHB team has been hard at work developing and producing a show specific to our industry. RHB TV is a one-of-a-kind media platform, that covers industry news, market data and emerging trends. EPISODE 1 is now live! Watch it at www.rhbtv.ca

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Ontario Government to allow landlords to increase rent by highest amount since 2013

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

Ontario Government to allow landlords to increase rent by highest amount since 2013

The Ontario government’s new rent increase guideline for Toronto allows a larger jump than last year’s. Landlords in Toronto and the rest of the province will be able to increase rent by a maximum of 2.2 per cent in 2020. This means that if your rent is $1,000 a month, it can rise to $1,022 a month, from Jan. 1 to Dec. 31, until next year’s guidelines are released. Last year, the maximum rent increase was 1.8 per cent and has remained below 2 per cent since 2017. This year’s increase is...

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Montreal by-law mandates developers to help improve affordability

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

Montreal by-law mandates developers to help improve affordability

Montreal’s new by-law is strictly requiring property developers to help improve the availability of low-cost homes in the market. Last week, the city government unveiled its By-law for a Diverse Metropolis, which included the mandate as a prerequisite for multi-family construction permits. “To qualify for a residential construction permit, the contractor will have to enter into an agreement with the city, whereby they will contribute to increasing the supply of social, affordable and family...

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Kenney and Ford discuss carbon tax, pipelines at Toronto meeting

Posted in Bylaws / Regulations, Communications, Finance, Industry Trends, Newsworthy, Tax Law, Utility Management

Kenney and Ford discuss carbon tax, pipelines at Toronto meeting

Alberta Premier Jason Kenney visited Ontario on his fourth day on the job to meet with Premier Doug Ford and discuss their mutual opposition to the federal carbon tax. Both premiers are strongly against the levy, and Kenney thanked Ford for being a key player in a coalition of provinces fighting the carbon tax. “Premier, as you know, my party even in Opposition has been in court supporting you, fighting for Ontario taxpayers, because ultimately you’ve got to fight for Canadian...

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Sask. Court of Appeal rules federal carbon tax is constitutional

Posted in Bylaws / Regulations, Communications, Finance, Industry Trends, Legal, Legislation, Newsworthy, Tax Law, Utility Management

Sask. Court of Appeal rules federal carbon tax is constitutional

A slim majority on the Saskatchewan Court of Appeal has ruled that the federal government’s national carbon-pricing system is constitutional. In a decision issued Friday, the court found that requiring a national price on carbon pollution fell within federal jurisdiction under the national concern branch of its peace, order and good government (POGG) power stipulated in the Canadian Constitution. This allows the federal government to legislate on matters of national importance that have a...

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Housing Market Insight: Non-individual owned real estate

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

Housing Market Insight: Non-individual owned real estate

CMHC’s latest Housing Market Insight (HMI) looks at the ownership of residential property (including vacant land) in British Columbia (B.C.), Ontario and Nova Scotia. Using data from Statistics Canada, the HMI shows, specifically, how much residential property is owned by individuals and non-individuals. Who are non-individual owners? Non-individual owners fall into separate categories according to various factors, including their legal status. They can be corporations, governments, sole...

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Luxury homeowners renting to avoid Vancouver’s EHT

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

Luxury homeowners renting to avoid Vancouver’s EHT

Students and other renters in Vancouver are able to live in luxury thanks to Vancouver’s tax on vacant homes. Rather than pay the Empty Homes Tax, some owners of high-end homes are renting out their properties according to a report by Bloomberg, especially as sales have weakened. With wealthy Chinese owners pulling back and home prices impacted by the mortgage stress test, a growing number of owners are turning to the rental market where the vacancy rate has been near-zero. It’s easy to see...

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