Canadian Apartment Magazine

https://www.reminetwork.com/articles/mainstreet-steps-up-to-help-jasper-wildfire-victims/

Mainstreet steps up to help Jasper wildfire victims - REMI Network Mainstreet Equity Corp. is working to provide shelter and support for Jasper residents displaced by the wildfires.

Housing legislation changes often at the federal, provincial, and municipal levels, but for residential landlords, one of the most important announcements comes each year in the form of the rent increase guideline. While B.C.'s has yet to be set, the Ontario Ministry of Housing has confirmed that the rent increase guideline for 2025 will remain unchanged at 2.5 per cent, trailing inflation for the third year in a row. Read how this and other policy updates will landlords and tenants here:

Legislative updates for residential landlords - REMI Network From rent increase guidelines to renovictions policies, small residential landlords in particular should take note of new legislation.

Q2 2024 Apartment Market Insights from the latest Yardi report:

Apartment performance down slightly in Q2 - REMI Network Yardi's Q2 2024 Multifamily Report provides a detailed overview of Canada's apartment performance, revealing a slight cooling in the market.

CAPREIT has entered into an agreement to sell its Canadian manufactured home community (MHC) portfolio to TPG Real Estate for a gross purchase price of $740 million:

CAPREIT announces sale of MHC portfolio - REMI Network CAPREIT has entered into an agreement to sell its Canadian MHC portfolio to TPG Real Estate for a gross purchase price of $740 million.

To further tackle bad-faith residential , the BC government is launching a new web portal, effective July 18th. For more details on how this will impact BC landlords, click here:

BC launches Landlord Use Web Portal - REMI Network B.C. landlords will soon be required to use the new web portal to generate 'Notices to End Tenancy' for personal occupancy or caretaker use.

Sponsored via Forest Contractors Ltd: An X-Ray Before You Operate: Revolutionizing Parking Lot Paving
https://www.reminetwork.com/articles/an-x-ray-before-you-operate-revolutionizing-parking-lot-paving/

www.reminetwork.com/articles/north-vancouvers-icbc-office-slated-for-housing

North Vancouver's ICBC office slated for new housing - REMI Network The Insurance Corporation of British Columbia (ICBC)’s North Vancouver headquarters is slated to become a mixed-use residential development.

As Vancouver's continues to transition,
is bringing more rental housing to the famed West End neighbourhood: www.reminetwork.com/articles/rise-of-the-robson-street-corridor/

For Canada to meet its target of building 5.1 million homes in the next twelve years, cutting-edge tools and strategies are needed imminently to ensure housing affordability, scalability, climate compatibility, and resilience are achieved along the way. Apartments, in particular, face numerous obstacles stifling their development. According to the panelists speaking on housing labour and innovation at the 2024 CFAA Rental Housing Conference in Toronto, May 16th, no new shovels will hit the dirt unless governments and policymakers are prepared to make changes.

Housing labour and innovation - REMI Network For Canada to meet its target of building 5.1 million homes in the next twelve years, a concerted focus on labour and innovation is required.

Canadian commercial real estate touted for its stability:

Promise of safe haven woos foreign investors - REMI Network Foreign investors contemplating Canada’s multifamily market may see more theoretical than actual opportunity given the current scarcity of available supply

Feds introduce Budget Implementation Act, 2024, to advance measures to support renters and first-time home buyers:

Budget Implementation Act prioritizes measures to help renters - REMI Network Canada's Budget Implementation Act aims to prioritize measures that will make the housing market fairer for renters and first-time homebuyers.

Rental vacancies are rising in Toronto and Hamilton due to surge in recent housing starts:

Record-high housing starts bolster supply in GTHA - REMI Network According to new Q1-2024 data from Urbanation, an increase in GTHA housing starts and completions have led to higher vacancies.

Why are more young Canadians, including , leaning right? A new poll by delves into the political views of adult Gen Z and Millennials.

Canadian renters are leaning right - REMI Network According to new research from Angus Reid Institute (ARI), Canadian renters are more likely to vote for the Conservative Party.

Canada's Housing Plan: Will it end the housing crisis?

New measures announced in Canada's Housing Plan - REMI Network According to the federal government, Canada's Housing Plan will lead to the construction of 3.87 million homes by 2031.

Should Canada embrace the micro-unit housing model?

Making a case for micro-unit apartments - REMI Network As housing affordability continues to reach crisis levels, micro-units are emerging as a promising, low-cost solution in high-rent cities.

Sponsored via Advantage Pest Control Inc. - Over the last few years, innovations in the pest control industry have made a significant impact on communities.
https://www.reminetwork.com/articles/innovations-in-pest-control-making-an-impact/

https://www.reminetwork.com/articles/canada-unveils-plans-for-rental-protection-fund/

Canada announces Rental Protection Fund - REMI Network The federal government announced plans to launch $1.5-billion Rental Protection Fund to help preserve affordable housing.

Ontario landlords urge Ford government to introduce new auto-evictions process to clear backlog at LTB:

30,000 Ontario landlords unite against failing LTB - REMI Network More than 30,000 Ontario landlords have signed a petition urging the government to implement a automatic evictions process to speed up delays

https://www.reminetwork.com/articles/quebec-adopts-new-lease-transfer-bill/

Quebec adopts new lease transfer bill - REMI Network The new law in Quebec will allow landlords to reject a lease transfer for any reason, putting more power back in the hands of landlords.

https://www.reminetwork.com/articles/art-at-the-heart-of-fourfifty-the-well/

Art at the heart of FourFifty The Well - REMI Network From its dramatic curb appeal to its sophisticated art-centric interior, RioCan Living has created a unique experience at FourFifty The Well.

Sponsored via Westland Express - Maximizing efficiency and minimizing risk for landlord and tenant insurance policies
https://www.reminetwork.com/articles/maximizing-efficiency-and-minimizing-risk-for-landlord-and-tenant-insurance-policies/

The CRA's new rule to deter property flipping:

CRA introduces new rule to deter property flipping - REMI Network Canada has introduced a new rule for the 2023 taxation year that will impact property owners engaging in property flipping for capital gain.

Meet Toronto Community Housing Corp's new CEO:

Toronto Community Housing appoints new president and CEO - REMI Network Effective April 2, 2024, Sean Baird will take over as Toronto Community Housing Corporation (TCHC)’s new President and CEO.

Sponsored via Environment and Natural Resources in Canada - 2023 marked the 10-year anniversary of the launch of Canadian content in ENERGY STAR® Portfolio
https://www.reminetwork.com/articles/2023-marks-the-10-year-anniversary-of-the-launch-of-canadian-content-in-energy-star-portfolio-2/

Sponsored via Pest B Gone - Best Practices for Controlling Cockroaches in Buildings
https://www.reminetwork.com/articles/best-practices-for-controlling-cockroaches-in-multi-residential-buildings/

Key insights from the 2024 CMHC Rental Market Report:

The push for more purpose-built rental housing - REMI Network New CMHC reports that strong rental demand continued to outpace supply in 2023, resulting in less available purpose-built rental apartments.

Sponsored via Advantage Pest Control Inc. - Dynamic approach to pest management
https://www.reminetwork.com/articles/dynamic-approach-to-apartment-pest-management-2/

Canada announces 2-year cap on international students in new move to ease housing crisis:

Canada announces cap on international students - REMI Network To contend with ongoing housing shortages, the federal government is limiting the number of international students in 2024 by 35%.

Hamilton landlords react to new "first-of-its-kind" renoviction bylaw:

Clamping down on renovictions - REMI Network Hamilton will soon be the first Ontario city to introduce a renoviction bylaw forcing landlords to obtain a licence prior to issuing an N-13

Registered rental homes in BC up 30% according to new data from BC Housing:

Registered rental homes in BC increased by 30% in 2023 - REMI Network New data from BC Housing shows that a record number of purpose-built rental homes were registered in BC for the second year in a row.