Ontario dangles rebates to rental developers
The Ontario government will provide incentives of up to $125 million in de-velopment fees to developers who build rental units in areas with low vacancy rates.
Land prices threaten Vancouver condo market
The price of land for multi-family residential projects in Metro Vancouver now often costs more than the construction cost for a high-rise concrete tower and land prices continue to accelerate.
Quebec has lowest rental rates in Canada
Three Quebec cities have the lowest apartment rental rates in Canada. As the national average rent for a two-bedroom apartment reached $989 this October, it was $593 in Trois-Rivières, $605 in Saguenay, and $631 in Sherbrooke, based on the annual rental report from Canada Mortgage and Housing Corp.
CMHC-insured mortgages nearly cut in half
Mortgages insured through Canada Mortgage and Housing Corp. (CMHC) plunged nearly 50 per cent in the past year, though national housing sales declined by just 4.2 per cent in the same period.
GST will remain on new rentals
While the federal Liberal government was rolling out its $40 billion national housing strategy this month it was revealed the government had killed an election promise to the end the goods and service tax (GST) on new rental construction.
Tools of the trade: pros steal from handymen
Jon Eakes explains differences between tools for homeowner handymen, tradesmen, and renovators.
COMMON CENTS CONSTRUCTION:
Even Contractors Are a Target: The Reality of Cyber Crime
Hackers now have their sights set on small- to medium-sized businesses as well.
Renovation spending wanes but remains strong.
Rethinking roofs as solar-powered living spaces.
TOOL TALK: Dust Control — No Longer Just a Shop Vac
With growing awareness and legislation relating to silica dust and worker health, vacuum systems are changing radically.
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