Category Archives: Real Estate
Toronto protesters block sheriffs from conducting evictions amid COVID-19
TORONTO — Activists and protesters gathered outside a Toronto courthouse this morning to physically block the city's rental enforcement units from conducting evictions. The blockade, which began at 7 a.m., saw dozens of demonstrators occ...
Heritage group applauds revamped design for Chateau Laurier addition
OTTAWA — A long-stalled addition to the Chateau Laurier is closer to being built following an agreement between the historic hotel's owners and a heritage group that fought initial plans. Heritage Ottawa says a new design for the addition would preserv...
Rent-relief program becomes new front in fight between Liberals, opposition
OTTAWA — A quiet choice this spring to have the Crown corporation responsible for helping Canadians obtain affordable housing run a commercial rent-relief program during the COVID-19 pandemic has become the latest front in a war between the Liberal gov...
Businesses could qualify for one more month of rent relief as program extended
OTTAWA — The government announced on Friday that the Canada Emergency Commercial Rent Assistance program has been extended once again, and will now cover a portion of August’s rent for businesses that qualify. To get the rent assistance, businesses wil...
Real estate holdings, client relations among WE Charity’s path forward: experts
TORONTO — As sponsors cut ties with WE Charity and it faces scrutiny from MPs, donors and the Canadian public, experts say the organization must tackle the question of how to move forward financially. The organization, which stepped away from...
Tory says masking bylaw could be brought in if apartment buildings don’t comply
Toronto Mayor John Tory said he's prepared to extend the city's mandatory masking order to shared spaces inside apartment and condominium buildings if management companies refuse to do it voluntarily. Current mandatory masking bylaw...
Vancouver house sells for 41% below 2018 purchase price
A Vancouver detached house has sold for 41% below its purchase price from two years ago. The seller originally purchased the property at 3629 Fraser Street for $2,760,000 on 2018/07/21. But the property sold for just $1,625,000 on 2020/06/23 –
Fashion retailers confront consumer shifts amid ‘long slow ramp’ to new normal
TORONTO — COVID-19 has slammed Canada’s fashion sector like a hurricane, causing serious damage and likely leaving a few casualties in its wake. The mass closing of malls and offices along with the cancellation of celebrations and big events has been
July added to COVID-19 commercial rent-relief program
OTTAWA — Federal and provincial governments have agreed to extend a commercial rent-relief program to help cover July costs for eligible small businesses. The move comes with a few changes to the subsidy, as the COVID-19-related aid faces questions abo...
B.C. proposes ‘first-step’ amendments to laws governing condo insurance
VICTORIA — The B.C. government says it's taking the first steps to address concerns about sky-high costs and the availability of insurance for condominiums that have seen premiums rise by as much as 50 per cent. Housing Mi...