In major cities across Canada, rental housing construction has not been a priority for close to 40 years and the effect is an affordable housing crisis that is happening at a time when immigration is at a really high level.
Nearly …
Toronto leads in housing overcrowding: StatsCan
LTB Monetary Jurisdi...
As of January 1, 2020, the maximum amount that may be claimed in Small Claims Court will increase from $25,000 to $35,000. Because the Landlord and Tenant Board’s (the “LTB”) monetary jurisdiction is equivalent to that of the Small Claims …
Mayor John Tory pitc...
Toronto taxpayers may have to dig a little deeper. Average homeowner can expect to pay $43 more per year starting in 2020.
Mayor John Tory says he will go before council later this month with a plan to increase the City …
B.C. rental shortage...
Landlords have the opportunity to reposition existing Vancouver rental properties or buy and build in sub-markets to capture accelerating demand.
Vancouver’s vacancy rate for rental apartment properties has hit a record low, decreasing to only 0.8 percent, the tightest vacancy rate …
Multifamily Investor...
Slightly higher yields and still expanding economies are driving multifamily investors to smaller cities.
Multifamily investors are now more likely to spend their money on properties in secondary and tertiary markets rather than in primary markets.
“In secondary and tertiary markets… the number of …
From the pages of our September/October issue...
Quote Worthy
The different parties see the world differently, and have different philosophies about government and who they most want to serve. Therefore, what CFAA seeks from each party is different. ~ John Dickie, President, Canadian Federation of Apartment Associations
