RHB TV – WATCH EPISODE 2 NOW!
RHB TV is a one-of-a-kind media platform, that covers industry news, market data and emerging trends. Catch up on the rental housing trends we are seeing across the country as well as the latest developments of BILL 108. We look at the average asking rents for Canada’s major rental markets, get an exclusive look at Rockport Group’s luxury development, The Montgomery, and catch all the highlights of the FRPO & Greenwin Charity Golf Classics. EPISODE 2 is now live! Watch it at...
read moreMontreal housing activity impelled by particular demographics – study
Consumer demographics are an increasingly important driver of sales activity in the Montreal housing market, according to Royal LePage Altitude broker Maxime Tardif. “Baby boomers looking for smaller units, millennials increasing their purchasing power, and more foreign buyers contributed to a hike in condo prices and demand in the past three years,” Tardif said. In addition, the region’s geography is contributing to the steadily growing presence and popularity of multi-unit housing....
read moreImmigration patterns create crises throughout Ontario
Disproportionate population distribution is causing economic and fiscal crises throughout Ontario, including in the Greater Toronto Area. The GTA is home to 45% of Ontario’s population, yet received 77% of the province’s immigrants last year, which The Conference Board of Canada warns is overburdening the region’s infrastructure while leaving other census metropolitan areas looking skeletal. The challenge, says Pedro Antunes, chief economist at The Conference Board of Canada—which released a...
read moreTrump says he’s raising tariffs on China after its retaliation
President Donald Trump said he’s raising tariffs further on Chinese imports in response to Beijing’s retaliation earlier in the day, deepening the impasse over the two nations’ trade policies. Duties on US$250 billion of imports already in effect will rise to 30% from 25% on Oct. 1, Trump said in a series of tweets Friday after U.S. markets closed. He also said that the remaining US$300 billion in Chinese imports will be taxed at 15% instead of 10% starting Sept. 1. Friday’s events marked a...
read moreDoug Ford moving ahead with Ontario municipal funding cuts in 2020
Ontario will move ahead with its controversial municipal funding cuts for public health and child care next year. Premier Doug Ford is expected to make the announcement later today at a gathering of municipal leaders in Ottawa. His office says Ford will announce that the funding changes will go ahead on Jan. 1, 2020. The Progressive Conservative government tried to force retroactive funding cuts this year but had to cancel them after municipal leaders complained their annual budgets had...
read moreUnemployment Rate Jumps To 5.7% As Canada Posts Surprise Job Losses
After stellar growth over the past few years, Canada’s job market is showing signs of slowing down ― even as wage growth is accelerating. The country posted a decline of 24,200 jobs in July, according to Statistics Canada, pushing the unemployment rate up to 5.7 per cent ― still a very low rate by historic standards. The decline came as a surprise to experts, who had been expecting job gains of around 12,000 to 14,000. This marks the third consecutive month that Canada’s economy has failed to...
read moreU.S. labels China a currency manipulator, escalating trade war
The Trump administration formally labeled China a currency manipulator, further escalating its trade war with Beijing after the country’s central bank allowed the yuan to fall in retaliation for new U.S. tariffs. While the Treasury Department’s determination is largely symbolic — the potential penalties are less punitive than the steps Trump has already taken against China — it underscores how rapidly the relationship between the world’s two largest economies is deteriorating. The...
read moreIt’s the world economy’s biggest week of 2019 as Fed prepares to cut
There will be no chance of a summer break for investors or policy makers in coming days as they brace for what might be the busiest week for the world economy this year. The highlight is Wednesday’s decision by the Federal Reserve with markets and economists virtually united in predicting Chairman Jerome Powell and colleagues will cut interest rates for the first time in more than a decade. Some Fed watchers predict officials will cut their benchmark by half a percentage point, but the signal...
read moreSkeptics of Trump’s New Nafta Head South of the Border
A group of U.S. lawmakers will meet in Mexico City starting Friday with industry experts and officials including President Andres Manuel Lopez Obrador, hoping to resolve their concerns about the U.S.-Mexico-Canada Agreement. House Ways and Means Trade Subcommittee Chairman Earl Blumenauer is leading the delegation. House Democrats want to discuss what they see as deficiencies in the USMCA’s labor and environment chapters. Lopez Obrador earlier this week said he encourages passage of deal as...
read moreRHBTV – 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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