News

November 2, 2022

Financial Post
HAIDER & MORANIS: Forcing real estate brokers onto MLS probably a good thing for both buyers and sellers
A policy change by the Canadian Real Estate Association (CREA) will soon require participating brokerages to list almost all residential resale properties on the Multiple Listing Service (MLS), thereby preventing some realtors from marketing properties privately. 

Macleans
MOFFATT: How Toronto's housing market is transforming the rest of Canada
A term I often hear mentioned in the conversation around housing accessibility is that “housing is a human right.” Why, then, do our cities seemingly go to great lengths to prevent housing from being built? 

HEADLINES

National / Central Canada

Real Estate Magazine – Risky business: Working with family

Real Estate Magazine – LEBOW: The public needs exclusive listings

Financial Post – Cash-strapped Canadians have run their credit card debt up to a record high: Equifax

National Post – Immigration has never been higher, and Canadians have never been more pleased with it

Globe and Mail – Fixer-uppers the first rung on the property ladder

Globe and Mail – BOZIKOVIC: Ontario needs more housing – it doesn’t need more sprawl

Globe and Mail – CARRICK: Holster your HELOC, borrowers. Rising rates make them too expensive

Globe and Mail – KERSHAW: StatsCan failed young Canadians by underestimating the effect of housing inflation

Toronto Star – Does Doug Ford’s new housing bill cut natural disaster protections for developments? GTA mayors ask for ‘pause’ to sort out plan

Toronto Star – Pre-construction condo sales plummet 79% as market cools

Toronto Star – Coyotes love human food. Where they’re getting their meals may surprise you

Toronto Star – ‘Everybody loved her’: Family, friends in shock after prominent Toronto realtor killed in parking lot accident

Toronto Star – ELLIOTT: Doug Ford’s new housing plan could be bad news for renters. Here’s why

Toronto Star – KEENAN: Is it time Toronto flipped the script on our traffic and housing woes?

Toronto Star – RICHER: A burial site or cemetery on private property means special responsibilities for the owner

Toronto Sun – LACKIE: Inexperienced realtors on social media give industry a bad rep

Blog TO – Hardly anyone is buying condos in Toronto anymore as market keeps plummeting

CBC Toronto – If you live in Ontario, you'll pay less for electricity, effective today

CBC Toronto – Ford's new housing plan could lead to local tax hikes, province's civic leaders warn

CBC Toronto – Mayor John Tory says he wants to clean up an increasingly messy city. But critics are skeptical

Storeys – With the housing market in decline, will Canada come to regret banning foreign buyers?

Storeys – Don’t call it a pivot: Real estate industry reacts to latest rate hike

Storeys – Post-COVID real estate trends may be hard to keep up with

Canadian Mortgage Professional – Homeowners' renewal anxiety rising, survey finds

Canadian Mortgage Professional – How are Canadians feeling about their finances in the current climate?

Hamilton Spectator – Laying out what’s next for Hamilton’s new slate of city councillors

Ottawa Citizen – City of Ottawa awaits answers on derecho storm compensation

CBC Ottawa – New Ottawa city council members prepare to take the reins in 2 weeks

The Record – Racial diversity surges in Waterloo Region as immigration doubles in past five years

CBC Kitchener Waterloo – Meet the people who will make up Wilmot Township's new council

St. Catharines Standard – ‘People are coming that we haven’t seen before’: Rising food prices increases demand at St. Catharines food banks

St. Catharines Standard – EDITORIAL: Ontario’s housing plan needs work

London Free Press – Streetside pantry boxes spring up in area town to address hunger

CBC London – Upper Thames River Conservation Authority has concerns about province's plans to speed development

Windsor Star – Turning up the furnace a scary prospect with rising bills

Windsor Star – Food bank association president calls for donations amid 'crisis situation' in Windsor-Essex

CBC Windsor – Most Windsor child care centres opt in for $10-a-day program as deadline passes

Sudbury Star – Greater Sudbury Police to host community safety consultation sessions

North Bay Nugget – North Bay residents invited to bring their skills to agencies, boards and commissions

CBC Sudbury – Northern Ontario's youngest new council members aim to bring fresh perspective to local politics

Montreal Gazette – HANES: As costs rise for Quebecers, so does their anxiety

CBC Montreal – Mobility expert says Quebec's efforts to cut car traffic are insufficient

Atlantic Canada

Halifax Chronicle Herald – Halifax Water rate increase approved

Halifax Chronicle Herald – Making the connection: North Dartmouth bike lanes could boost bicycle commuting

CBC N.S. – Municipal officials decry 'undemocratic' effort by N.S. government to nullify bylaws

CBC N.S. – The fight continues for Halifax tenant trying to stay in her apartment

Huddle – Halifax councillors cry ‘power grab’ as province passes controversial bill

CBC N.B. – What is a $250,000 home in N.B. worth? It depends where you live

CBC N. B. – Fredericton councillors consider 5-cent property tax increase for households joining city

Charlottetown Guardian – P.E.I. government giving Island residents $58 million in support payments

Charlottetown Guardian – Lack of housing, food insecurity to be discussed at upcoming meeting in eastern P.E.I.

CBC P.E.I. – Why it's so important to project P.E.I.'s future population — and so hard

St. John’s Telegram – Roadwork on Southlands Boulevard in St. John's to continue until late fall

VOCM – Stephenville mayor expects population to double over next several years

CBC N.L. – Housing, transportation, licensing processes all barriers to immigration to N.L., newcomers say

CBC N.L. – After Fiona, N.L. residents wait anxiously to return home — or find themselves on the demolition list

Western Canada

Winnipeg Free Press – Fires underscore city’s homeless problem: incoming mayor

Winnipeg Free Press – Province increases funding for homeless shelters, rent assistance

CBC Manitoba – Seniors call on province to intervene before affordable housing complex sold

CBC Manitoba – Winnipeg homeless encampment destroyed in explosion, city says

CBC Manitoba – Manitoba boosts funding for agencies working to address homelessness

Saskatoon Star Phoenix – TANK: Stakes for relocating Saskatoon shelter higher for some

CBC Saskatchewan – Should Indian Head, Sask., change its name?

CBC Saskatchewan – More people across Sask. turning to food banks, new national report says

Calgary Herald – 'Rather hostile meeting': Residents raise stink over proposed massive manure processing plant

CBC Calgary – The red light you just hit? It's supposed to get you to the office sooner

CBC Calgary – Wildlife cameras under southwest ring road examine how animals travel after construction

Edmonton Journal – Derelict homes may face three-times property tax rate in Edmonton

Edmonton Journal – 'Focus more on fixing': Edmonton council kicks off budget discussions at city hall

CBC Edmonton – $1.5B worth of projects unfunded in Edmonton's proposed capital budget

CBC Edmonton – Edmonton's rental market squeezing out Indigenous mothers, advocate says

Business in Vancouver – Housing market downturn deepens in B.C.

Business in Vancouver – WISE: Affordable housing: the big challenge for Mayor Ken Sim

Vancouver Sun – Vancouver home sale at $1 million less than assessed value was too good to be true

Vancouver Sun – Groups hope ABC park board commissioners will reconsider killing Stanley Park bike lane

Vancouver Sun – FUMANO: Vancouver mayor-elect Ken Sim to juggle businesses with his new gig

Victoria Times Colonist – CONDO SMARTS: Shift workers have the right to enjoy a quiet day

Chilliwack Progress – Owner of 110-year-old Chilliwack house wants people to know: ‘No, it’s not haunted’

Penticton Herald – City eying downtown property owner’s trees

CBC B.C. – Fort St. John sees a rapid growth in the diversity of its population
 
CBC B.C. – Sunshine Coast prepares to lift water ban on Tuesday

CBC North – Supportive housing project at former Whitehorse hotel hits a snag
COMMERCIAL / INDUSTRIAL
 
RENX – Landa acquires Toronto redev. site from KingSett for $81M

RENX – BAZIS buys midtown Toronto property, plans 41-storey tower

Cannabis Retailer – Retail Cannabis Council of Canada formed

Financial Post – Recession fears a new headwind for commercial real estate rebound

Financial Post – Federal government needs to bring its employees back to the office, businesses say

Globe and Mail – Some businesses surprised to find they are already in default as CEBA issues loan repayment letters

Globe and Mail – Co-working spaces operated by federal government in Ottawa suburbs grow in popularity

Globe and Mail – Ottawa cracks down on foreign state-owned investments into Canadian critical minerals industry

Globe and Mail – GORMAN: Clean energy is clean energy – so why does nuclear get such lukewarm government support?

Toronto Star – The Second City to unveil new home in Toronto — with three theatres, a restaurant and a piece of comedy history

Toronto Star – GILLESPIE: Interested in starting a small business? Don’t discount franchises

Storeys – Costs, delays and interest rates: Developers get real about building homes in today’s economy

Storeys – Landa makes Ontario entry with massive Scarborough masterplanned community

Wasaga Sun – ‘Wasaga Beach wants to get back to that plan’: Smith says new council to get beachfront plan back on track

Hamilton Spectator – MAHONEY: Hamilton’s West Town — ‘Locke Street’s living room’ — going up for sale

CBC Hamilton – After a summer return of live music, Hamilton artists thank the venues that 'stuck around'

Ottawa Citizen – BRIONES: Ottawa businesses staring down an economic Grinch this holiday season

Ottawa Citizen – GRENIER: How the City of Ottawa is killing the ByWard Market

Ottawa Business Journal – Taggart reduces proposed height of two-tower Carling Avenue residential complex

Ottawa Business Journal – Pretty (smart) in pink: New flower café and shop sells itself

CBC Ottawa – New vacancy bylaw and permit system comes into effect Tuesday

The Record – 'It has been magic': New event space tenant ecstatic to be part of 'cool' revitalized Cambridge building

St. Catharines Standard – Niagara drive-in theatre draws large crowds back to the big screens for first movies under new ownership

London Free Press – 'Salt in the wound': Condo developer takes city to task over delays, higher fees

London Free Press – Cheers! London micro-brewer Equals buys craft brewery amid growth

CBC London – Former London theatre turned sports bar bulldozed to make way for Joan's Place

CBC London – After GTA move, St. Thomas hairstylist's braiding skills attract clients from across southwestern Ontario

Windsor Star – Agricultural sector provides new ground to till for automation industry

CBC Windsor – Windsor entrepreneur hopes to change construction sites with a robot

North Bay Nugget – Mattawa business owner reports "extensive" damage to property

CBC Sudbury – Small northern Ontario town has concert series for artists 'Just Passing Through'

Montreal Gazette – Several days needed before full impact of La Fontaine tunnel half-closure emerges: Port of Montreal CEO

Halifax Chronicle Herald – NSP president gains support in criticism of PC bill to amend Public Utilities Act

Halifax Chronicle Herald – Lequille, N.S., company receives Taste of Nova Scotia award for its Fundy Gin

CBC N.S. – Historic Hector ship restoration project will use wood from trees felled by Fiona

Huddle – Reflections of an urban market

Huddle – Sister-owned Fredericton bakery moves to permanent location

CBC N.B. – Shediac solar farm nearing completion

Charlottetown Guardian – Charlottetown business owner left to pay for damage caused by city trees during Fiona

CBC P.E.I. – Charlottetown e-scooter company says it welcomes regulation

St. John’s Telegram – Newfoundland and Labrador Construction Association presents annual Rock Awards

CBC N.L. – Aircraft manufacturer making pitch to N.L. government for damaged water bomber

Winnipeg Free Press – Opposition demands government stop sale of Lions Place

Winnipeg Free Press – Legislation to Manitoba liquor laws not expected to pass

Winnipeg Free Press – Manitoba could become a lithium hot spot

CBC Manitoba – Manitoba delegation jets to Hollywood to promote province as filmmaking hub

Regina Leader Post – MANDRYK: NDP argument for government liquor stores a losing one

Calgary Herald – New chamber report looks at addressing labour shortage through immigration

Calgary Herald – BREAKENRIDGE: If Smith is hoping to ride coattails of likely new arena deal, there are some risks

CBC Calgary – TransAlta sues Alberta government to prevent oilpatch fracking near hydro dam

CBC Calgary – LEACH: Danielle Smith has a big idea to clean up oil and gas wells. It's all kinds of messy

CBC Edmonton – Alberta has lofty hopes for the hydrogen energy market. But there are still a few gaps to be filled

Business in Vancouver – Construction costs set to ease, say industrial builders

Business in Vancouver – Investors find commercial condos a challenge for cash flow

Vancouver Sun – B.C. introduces new hotel tax to support major tourist events

Vancouver Sun – Enough reports, start fixing the dikes, say B.C. dairy farmers

Vancouver Sun – B.C. First Nation council that approved Kinder Morgan deal breached fiduciary duty: judge

Victoria Times Colonist – B.C. bars and restaurants get pass to stay open longer during FIFA World Cup

Coast Reporter – TELUS set to break ground on restaurant, marina, community hub

CBC B.C. – How Burnaby is angling to become a worldwide Halloween destination

CBC North – Whitehorse's last video-rental store closes its doors
INTERNATIONAL
 
Bloomberg – Home buyer mortgage approvals fell significantly in September