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Caivan brings AI, hi-tech innovation to manufactured housing
Caivan brings AI, hi-tech innovation to manufactured housing
Frank Cairo speaks about Canada’s housing shortage with the passion of a man on a mission. That’s because his Ottawa company Caivan Homes is on a mission . . . to promote technology and factory-based mass production to vastly increase housing supply.
What is Canada's potential capacity for housing construction?
Since the launch of Canada’s Housing Plan, analysts have questioned our capacity to build 3.87 million homes by 2031. Roughly 650,000 workers were building homes in Canada in 2023, the most we’ve ever seen. Yet construction activity didn’t keep pace.
Calgary's affordability advantage slipping away
Economists agree Calgary’s housing market is the hottest in the country. Vacancy rates are at historic lows and rents are projected to reach Toronto levels in a few years. However, people’s money isn’t going as far.
Calgary approves blanket citywide rezoning after amendments
Calgary has approved a blanket rezoning of the city that proposes to increase density by allowing a wider variety of housing forms - including duplexes, rowhouses and fourplexes - to be developed on lots currently zoned for single-family detached housing.
Mattamy among Canada's Best Managed Companies
Mattamy Homes has again been recognized for its industry-leading performance, global business practices and sustained growth by receiving the 2024 Canada's Best Managed Companies award, retaining its Gold Standard winner status for the fourth consecutive year.
Canada could have avoided the mortgage payment shock
If longer mortgage terms had been more prevalent and attractive, the payment shock due to rising interest rates imposed by the Bank of Canada would have been much more manageable according to the Fédération des caisses Desjardins du Québec.
Economist predicts 2% rate cuts by Q3 of 2025
The Bank of Canada will cut rates sooner and more aggressively than the U.S. Federal Reserve, according to RBC economist Carrie Freestone. She forecasts that by Q3 2025, cuts to the key lending rate will total two percentage points.
Lack of certainty the 'death of business': Coquitlam manager
Coquitlam’s city manager, Raul Allueva described provincial legislation as setting municipalities back at least a year as they grapple with housing legislation with inadequate staffing and “one-size-fits-all” housing programs that “will be the death of business".
Toronto's map reveals flood-vulnerable zones
The official map of Toronto’s flood-vulnerable zones showed Blair Audet's neighbourhood was not in a high-risk area. Yet stormwater had surged through Audet’s home which, she has now learned, is in a hidden flood risk zone.
Condo tribunal orders people to stop smoking in units
A number of recent decisions by Ontario's Condominium Authority Tribunal (CAT), an organization empowered to help condo corporations resolve disputes, has used its authority to provide relief to owners and tenants affected by cannabis cigarette smoke and THC vaping.
Ont. rural connectivity non-profit to consider housing plans
The Eastern Ontario Regional Network (EORN) is tasked with building 600 cell towers as part of a $300-million project. The Eastern Ontario Warden’s Council (EOWC) is now asking EORN to work on its regional housing business plan.
Alberta proposes tax breaks to accelerate housing dev.
If passed, Alberta's Municipal Affairs Statutes Amendment Act (Bill 20) will exempt non-profit subsidized affordable housing from municipal and education property taxes. The changes will also enable municipalities to offer multi-year residential property tax exemptions for new housing development.
Vancouver misses housing targets ordered by B.C.
More than six months after the B.C. NDP government announced ambitious targets to push municipalities to approve new housing over the next five years, Vancouver, one of 10 communities initially tapped to meet housing targets, is coming up far short.
Realtors battle over new ‘exclusive’ selling rules
Opponents of the Canadian Real Estate Association’s (CREA) new rules requiring “exclusive” home sales be listed on MSL say the move is anti-competitive and an attack on a seller’s rights to choose how they sell their home.
Realtors' assoc. wants provincial zoning atlas for the public
The Association of Interior Realtors (AIR) has made seven recommendations to the B.C. government to enhance public access to information. AIR conducted a study of 13 municipalities to identify challenges and best practices in processing and delivering property documents.
Real estate associations call special meetings re. disputes
Special general meetings are being planned by the London and St. Thomas Association of Realtors as well as the Brantford Regional Real Estate Association to discuss how a technical merger with Toronto is being managed.
Aditya Soma: Canadian real estate investor
Windsor's Aditya Soma came to Canada as a student and started by investing in real estate. In 2019, he received his Realtor's license and in 2023, his team had its best year ever, coming close to the 200 transaction mark.
$7M Toronto home featured in Architectural Digest (Poland)
Garnering the attention of House & Home, as well as Architectural Digest (Poland), 37 Rippleton Rd. is a remodelled basic model home owned by the builder. It has five bedrooms, five bathrooms and all the hallmarks of a ’90s home.
Drake relists Beverly Hills mansion for $88 million
Drake’s sprawling Beverly Hills property was relisted on the market for $88 million, four days prior to a shooting at his Toronto mansion and a year after the Canadian superstar first listed it at the same price.
Industry Events
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Canadian Home Building Association: National Fall Meetings
Oct 21 2024
to Oct 25 2024
Ottawa, Ontario
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Canada Real Estate Auction
Oct 22 2024
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MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
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Housing Central Conference
Nov 18 2025
to Nov 20 2025
Sheraton Vancouver Wall Centre Hotel, BC
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