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  1. This is the largest driver of Canada’s population growth

    Population growth continues to drive Canadian condo market activity Ephraim VecinaMortgage Broker News Much of the growth in Canada’s population and consumer base can be attributed to immigration, according to Statistics Canada. Latest figures from the agency showed that 82.2% of the population growth seen in 2018/2019 stemmed from immigrants and non-permanent residents. During this […]

  2. Promises, promises: CEO warns election rhetoric could boost home prices

    Tunnel vision on housing could raise home prices Kimberly GreeneMortgage Broker News During this federal election cycle, Royal LePage President and CEO Phil Soper said it’s encouraging that the candidates have focused so much thought and time to housing issues. As candidates compete for undecided votes, however, Soper warns that taking a singularly focused approach […]

  3. Teranet partnership takes real estate insights to new heights

    Nearmap Ltd. Joins Teranet in real estate information provider Steve RandallCanadian Real Estate Wealth A Canadian provider of information systems for the real estate, legal, and financial services industries, has announced a high-flying new partnership. Teranet will work with aerial imagery and location data experts at Nearmap Ltd, to deliver a suite of complimentary new […]

  4. Warning for real estate, mortgage pros as cyber attacks increase

    Cybersecurity training need for real estate Steve RandallCanadian Real Estate Wealth Real estate agencies and mortgage firms may be leaving themselves exposed to cyber attacks by not taking some simple steps. A new report from the Canadian Internet Registration Authority says that   71% of more than 500 individuals with responsibility for IT security decisions across […]

  5. Canadian housing activity benefits greatly from population growth

    Population growth continues to drive Canadian condo market activity Ephraim VecinaCanadian Real Estate Wealth A significant driver of Canada’s housing dynamism is its population growth, taking into account the latest sales figures from major markets. Statistics Canada data showed that the national population expanded by 531,497 to roughly 37.6 million in July, ending up as […]

  6. This year’s sales continue to outstrip 2018’s, amid weaker starts

    Slow housing starts not affecting sales Ephraim VecinaCanadian Real Estate Wealth Despite signs of housing starts losing steam, Canada’s home sales remain stronger compared to last year and the early months of 2019. “This continues to reflect strong demographic demand, both from international inflows and new households created within Canada,” Bank of Montreal senior economist […]

  7. Parasitic housing could become infectious

    Tiny homes built on other buildings an architectural option for crowded urban centres JESSICA GODDARDThe Province Picture Toronto’s CN Tower covered in clusters of barnacle-like pods, extending upward on one of Canada’s most celebrated tourist attractions. A 2017 conceptual proposal by Toronto architectural firm Quadrangle would see prefabricated wooden cubes clinging to the tower’s concrete, […]

  8. Stratas obliged to ensure safe access for all residents

    Stratas obliged to ensure safe access for all Tony GioventuThe Province Dear Tony: I live in a condo apartment building that was completed in 1995. We have 48 units over eight floors. Our family has lived in the building since day one, but our community is rapidly aging and we find ourselves facing some new […]

  9. New rules could spell doom for tax havens

    Firms, foreign investors will no longer enjoy many perks as regulations change JULIUS MELNITZERThe Vancouver Sun Foreigners looking to Canada as a tax haven and Canadians seeking havens abroad will have to deal with a whole new set of rules when the Organization for Economic Co-operation and Development’s Multilateral Instrument (MLI) rule takes effect Dec. […]

  10. Another major financial organization has reportedly been hacked

    TransUnion was hacked in July Steve RandallREP The personal and financial data of around 37,000 Canadians has been compromised in a cyber incident according to a report by HuffPost Canada. The news outlet says that credit ratings firm TransUnion was the target of a hack over the summer with the attackers using an access code […]