Renting

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Renting

StatCan Finds Link Between Heat-Related Deaths And Rental Units

The research comes amid growing calls to mandate maximum temperatures in rental units.

Renting

Renter Report Shows Young Canadians Have Not Given Up On Homeownership

Despite stubborn financial hurdles, a new report from Royal LePage shows that many Canadians stuck in rental purgatory are still dreaming of homeownership, with younger-aged renters leading the charge.

Renting

Average Canadian Rent Hits Record-Breaking $2,200 Per Month

The record follows last month’s reported all-time high of $2,188, with average asking rents for all residential property types in Canada having increased 9.3% year-over-year in May, according to the latest national rent report from Rentals.ca and Urbanation.

Renting

‘A Deep-Rooted Focus’: Averton Enters Alberta And Ontario Purpose-Built Rental Markets

​"We appreciate that the homes we build, and the communities we develop, are the backdrop to our customers’ everyday experiences," says Averton President and CEO Paul Lanni. "This is something we don’t take for granted, and the pursuit of excellence is what fuels us.”

Renting

Average Canadian Rent Has Shot Up 32% Since ‘Pandemic Low’

In his analysis of the latest data, Urbanation President Shaun Hildebrand remarks that “the rental market in Canada has become increasingly fragmented, with expensive cities seeing rents soften and affordable markets experiencing a continued rapid escalation.”

Renting

Trudeau's Housing Initiatives Fail To Impress Canadian Renters

​Canadian renters aren’t blown away by Prime Minister Justin Trudeau’s recent announcements, according to a recent survey from rentals.ca.

Renting

Tenant Advocate Calls For Policy Reform For Renters To Avoid "Double Bind"

Canadian law currently stipulates that renting a property from someone who lives outside of the country carries with it special responsibilities and potentially big costs – whether a tenant is aware or not.

Policy

The Canada Rental Protection Fund Is Launching With Just... $5M?

Budget 2024 documents reveal that the $1.5B Canada Rental Protection Fund will be launching with just $5M in its first year.

Renting

Updates To RentSafeTO Include More Inspections, Steeper Fines

Toronto City Council approved a series of “updates” to RentSafeTO last week, and among those were new parameters for city inspections, a more hands-on system for tenant complaints, and increased fees for non-compliance.

Policy

BC Property Owners Group Seeking Judicial Review Of Short-Term Rental Legislation

The petition to the Supreme Court was filed last week by the West Coast Association for Property Rights, also known as the Property Rights Association of BC (PRABC).

Renting

This Property Management Group Brings Innovation To A Growing Rental Market

​From what started as a management company for Pinemount Developments' own rental buildings, Holt Meadow has grown to a contracted-out property management service.

Opinion

If The Feds Want to Help Renters, The Budget Must Take Action On Open Banking

According to Andrew Graham, co-founder & CEO of Borrowell, Open banking would help level the playing field for renters, allowing them to build credit with rent payments.