Policy
Policy
Regulatory Change That Could Speed Up Office Conversions Proposed After Ford Government Voted Bill Down
Bill 102, The Commercial to Residential Conversion Act, 2024, was tabled by Liberal MPP Karen McCrimmon in May in response to high office building vacancies in Ontario.
Nov 25, 2024
Real Estate News
On National Housing Day, A Look Back At The Initiatives That Defined The Past Year
Defined as “a day dedicated to raising awareness about housing and homelessness,” National Housing Day 2024 is a good time to reflect on the fact that importance is being put on restoring housing affordability and stability for Canadians — an indisputably tall order.
Policy
Vaughan "Dramatically" Drops Development Charge Rates
In particular, the development charge rate for low-rise residential has been brought down by over $44,000, the City of Vaughan said.
Policy
Toronto's Busiest Streets Could See More Mid-Rise Buildings
Toronto could soon choose to introduce as-of-right zoning for mid-rise buildings on all official avenues.
For Homebuyers Seeking Convenience And Calm, Innisfil Has It All
Innisfil's picturesque shorelines, fresh air, and nature trails provide a serene escape from the bustling city.
Policy
Canada Housing Infrastructure Fund Launches With Requirement For DC Rate Freezes
Applicants must meet two conditions in order to become eligible to receive money from the Canada Housing Infrastructure Fund, which launched on November 7.
Policy
Vancouver Falls Short Of Provincial Housing Completions Target After Year One
The Province gave the City of Vancouver a five-year target of 28,900 and a target of 5,202 for the first year, which Vancouver has fallen short of.
Policy
Recent Immigration Cuts Could Lower Rents, Shrink Housing Supply Gap
Assistant Chief Economist at RBC Robert Hogue is calling the revised immigration targets "one of the more consequential policy reversals in recent memory."
Taxes
After “Axe The Tax” Announcement, Poilievre Calls On Premiers To Follow Suit
In a letter to premiers, Poilievre asked to “match my common sense sales tax cut with one of your own by axing the provincial sales tax (where applicable) on new homes under $1 million.”
Policy
OREA Makes "Bold" Policy Recommendations To Raise The Bar For Ontario Real Estate
Recommendations aim to improve consumer confidence with increased protections, raise the bar on education and professionalism, and deter bad behaviour with stronger penalties.
Policy
Poilievre Pledges To “Axe” GST From New Homes Under $1M
“Getting rid of the GST on new home builds will stimulate 30,000 additional homes built every single year, which, incidentally, will actually generate more income tax revenue for the government without raising rates,” Poilievre told reporters on Monday.
Policy
Ford Government Votes Down Bill Aimed At Speeding Up Office Conversions
Bill 102, The Commercial to Residential Conversion Act, 2024, was tabled by Liberal MPP Karen McCrimmon in May in response to high office building vacancies in Ontario.
Policy
Burnaby Postpones Implementing Provincial TOD Legislation Once More
The Province's original deadline for local governments to implement Bill 47 was June 30, 2024.
Office
JLL Calls For 'Full Repeal' Of Office Replacement Bylaw Ahead Of City Deliberations
Ahead of final policy recommendations regarding the Office Replacement Bylaw to be considered by Planning and Housing in Q4, JLL has released a study calling for a "full and unconditional repeal of the Office Replacement Bylaw to unleash supply."
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