Category Archives: Real Estate
No easy solutions to complex problem of high condo insurance premiums: B.C. report
VANCOUVER — A Crown corporation that regulates British Columbia's private-sector insurance companies says an average 40 per cent increase in condo insurance premiums resulted from various factors including risks that insurers face from earthquakes, wil...
Sonder to create 700 jobs in Quebec expansion with loan from the province
MONTREAL — Apartment-hotel company Sonder will expand its presence in Quebec by establishing an "international growth centre" in Montreal that should result in the creation of 700 jobs by 2025.The province is providing the company with $30 million thro...
Builders laud green grants, but warn that Liberal climate plan could hike home costs
The Liberal government’s new $15-billion climate action plan includes welcome incentives for green renovations, the Canadian Home Builders’ Association said Monday. But the CHBA also warned that regulators must be careful not to raise housing costs too...
N.S. single mothers describe the dilemma of families seeking safe, low-cost housing
HALIFAX — Single mother Harley Newell faces a harsh choice: either battle to remain in an apartment in need of repairs or pursue the faint hope of finding publicly subsidized housing in a small Nova Scotia town. The 29-year-old single mother
Government plans foreign buyers tax in bid to create affordable housing
TORONTO — The Liberal government says it will take steps over the next year to tax foreign homeowners who live outside of Canada as part of a plan to lower housing prices.It's an idea that has been growing in popularity
Government plans foreign buyers tax in bid to create affordable housing
TORONTO — The Liberal government says it will take steps over the next year to tax foreign homeowners who live outside of Canada as part of a plan to lower housing prices.It's an idea that has been growing in popularity
B.C. says land registry is open and will increase transparency in housing market
VICTORIA — The B.C. government has launched a new land registry that it says will help combat money laundering and make the real estate market more transparent. Beginning Monday, any corporation, trustee or partnership that buys land in B.C. must...
Newly imposed rent control won’t solve N.S. affordable housing shortfall: landlords
HALIFAX — Nova Scotia's major landlords' association says a two per cent annual cap on rents brought in by the Liberal government won't solve the shortage of affordable housing and may even make it worse. Kevin Russell, executive director of the
Metro Vancouver detached price rally slows down in September
The surprise surge in Metro Vancouver detached housing market is showing signs of a slowdown in September after an epic rally in August from a pandemic low. The OpenHousing House Price Index for detached properties – calculated using the generally-accepted
New Airbnb portal allows local governments to closely monitor listings
VANCOUVER — Airbnb is launching a new program for cities and tourist organizations aimed at helping them ensure compliance with local rules. Vancouver and Calgary are among the 10 North American cities included in the new portal, which Airbnb says will...