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  1. Toronto enforcement of new registration program for Airbnb impact properties investor

    How will Toronto’s new registry for Airbnb properties impact investors? Clayton JarvisMortgage Broker News Toronto’s Airbnb investors in woke up to a new, potentially risky reality yesterday, as September 10 marked the launch of the city’s new short-term rental registry. Owners of properties that are currently available to renters for less than 28 days a […]

  2. Housing market still getting strong despite given forecast on housing recession

    The pandemic housing recession that never was Frank O?BrienWestern Investor On May 27, 10 weeks after COVID-19 was declared a global pandemic, Canada Mortgage and Housing Corp. (CMHC) released a doomsday-style housing forecast that envisioned a nightmare collapse of the housing market with national sales dropping up to 29 per cent, starts plunging by from […]

  3. Housing market still getting strong despite given forecast on housing recession

    The pandemic housing recession that never was Frank O?BrienWestern Investor On May 27, 10 weeks after COVID-19 was declared a global pandemic, Canada Mortgage and Housing Corp. (CMHC) released a doomsday-style housing forecast that envisioned a nightmare collapse of the housing market with national sales dropping up to 29 per cent, starts plunging by from […]

  4. Offices and warehouse soon to rise in Seaspan Victoria Shipyards projected price $26 million, Vancouver

    Omicron pitches $26 million shipyard plan near Victoria Carla WilsonWestern Investor The 81,500-square-foot space would allow Seaspan Victoria Shipyards to amalgamate its supply-chain operations on one site at Colwood   Vancouver developer Omicron has submitted an application to build a custom $26-million office and warehouse complex for Victoria Shipyards in the new Allandale District, on […]

  5. Offices and warehouse soon to rise in Seaspan Victoria Shipyards projected price $26 million, Vancouver

    Omicron pitches $26 million shipyard plan near Victoria Carla WilsonWestern Investor The 81,500-square-foot space would allow Seaspan Victoria Shipyards to amalgamate its supply-chain operations on one site at Colwood   Vancouver developer Omicron has submitted an application to build a custom $26-million office and warehouse complex for Victoria Shipyards in the new Allandale District, on […]

  6. Top 5 reasons Canadians are confident about housing market

    Five reasons Canadians have little reason to fear a housing crash Clayton JarvisMortgage Broker News Whether they take place during a pandemic-fuelled recession or during a period of sustained economic expansion, record-shattering home sales in Canada always seem to be accompanied by the same phenomenon: talk of the country’s “inevitable” housing crash. Questioning the logic […]

  7. Top 5 reasons Canadians are confident about housing market

    Five reasons Canadians have little reason to fear a housing crash Clayton JarvisMortgage Broker News Whether they take place during a pandemic-fuelled recession or during a period of sustained economic expansion, record-shattering home sales in Canada always seem to be accompanied by the same phenomenon: talk of the country’s “inevitable” housing crash. Questioning the logic […]

  8. Federal government mandates rental extension

    CECRA extended for the last time Ephraim VecinaCanadian Real Estate Wealth The Liberal administration will be extending its pandemic fiscal assistance program for small businesses to help beleaguered ventures cover September rent costs. Initially slated to end back in June, the Canada Emergency Commercial Rent Assistance (CECRA) mandates governments to shoulder 50% of rent, while […]

  9. Rents extends ban on small business eviction, Ontario government

    Ontario government extends ban on small business evictions Ephraim VecinaCanadian Real Estate Wealth The Ontario government has announced the extension of its ban on small business evictions, which expired on Aug. 31. The policy was put in place to assist businesses who have been struggling under the worst economic impacts of the COVID-19 pandemic. “We’re […]

  10. Canadians have around 500,000 mortgage on payment deferral with the Big Six

    Canadians have more than 500,000 payment deferrals with the Big Six Ephraim VecinaCanadian Real Estate Wealth At the Big Six banks alone, Canadians have around 510,530 mortgages on payment deferral as of the quarter ending July 31, falling by 17.53% from the previous quarter. Royal Bank of Canada accounted for the largest slice of the […]