Sign Up | Archives March 29, 2016
Feds fund new and existing rental housing
The 2016 federal budget, released on Tuesday, promises to set aside $2.3 billion over two years for new and existing affordable rental housing, including doubling spending on a federal affordable housing program and adding $111.8 million to help 61 cities tackle the ongoing challenge of homelessness.
No green retrofit incentive for Quebec landlords
Quebec’s newly announced RénoVert refundable tax credit is aligned with the provincial government’s environmental goals, but is unavailable for landlords. Quebec’s largest rental housing association argues the program could be even more effective — with flow-through benefits for tenants — if apartment building owners were also eligible.
Saskatoon offers upside investment potential
Newer purpose-built apartments appear to have gained the competitive edge in Saskatoon’s slumping rental housing market. However, industry analysts suggest the current surge in vacancies presents landlords with an opportunity to reposition their properties for the return of better economic times.
Understanding the importance of cash flow
Brian Kimmel, Assistant VP of Commercial financing, sees it all the time. A prospective client will approach him looking for financing on what the client thinks is a valuable property. Kimmel does a cash flow analysis and delivers news that’s often shocking. From a cash flow perspective, the building isn’t worth what the borrower thinks.
B.C. invests in multi-res EV charging stations
The B.C. government plans to charge up more electric vehicles with funding from the Clean Energy Vehicle (CEV) Program to expand and upgrade public and residential charging infrastructure.
New Certified Rental Building opens in Toronto
Park Property Management recently opened doors to tenants at 66Isabella, a new 23-storey residence located in Toronto’s Church and Wellesley neighbourhood.
H&S Building Supplies Ltd. is one of Ontario's premier maintenance supply wholesalers. We specialize in the multi-unit residential space; providing quality products, competitive prices, on-time delivery, and product knowledge second to none. We exist to service & supply the property management industry.
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New retirement communities planned for Quebec
Réseau Sélection, the largest private-sector owner, operator, developer, builder and buyer of retirement residences in Quebec, announced it will invest $250 million toward the construction of five new retirement communities in Rock Forest, Vaudreuil-Dorion, Deux‑Montagnes, Granby and Sainte-Dorothée.
Ontario's long-term affordable housing strategy
The government of Ontario has announced it will be introducing a suite of legislative and policy measures, and investing $178 million over three years, to ensure that the people of Ontario have access to affordable and adequate housing and to help them secure employment, raise a family and build strong communities.

Rising performance demands for elevators
Cliff Ayling, principal at Ayling Consulting Services Inc., discusses design, safety and maintenance issues in light of today’s increasingly vertical landscape.
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