As a general rule, I believe that our cities should be striving for less rather than more parking. Which is why it still baffles me when allegedly progressive cities continue to mandate ludicrous parking ratios (even when the sites are next to transit). You know… Read More
The Canada Mortgage and Housing Corporation (CMHC) just published its latest housing supply report for Canada’s 6 largest city regions (downloadable over here). One figure that stands out is the increase in housing starts in the Calgary CMA — it was up almost 63% last… Read More
I have written, many times over the years, about small-scale commercial uses in residential neighborhoods. Here in Toronto, they are generally not permitted. The small convenience stores and bodegas that remain are often legal non-conforming uses. Today I came across a great example from Calgary.… Read More
Benjamin Tal — CIBC’s Deputy Chief Economist — is seemingly everywhere. And earlier today, he was delivering an annual economic update at an online event hosted by Brattys LLP (our condo lawyers) in partnership with CIBC. Below are a handful of slides that I found… Read More
It was recently announced that the City of London — the historic town center and primary CBD of the region — is aiming to create at least 1,500 new residential units in the Square Mile by 2030. Part of its strategy is to convert disused… Read More
Rachelle Younglai’s recent piece in the Globe and Mail does a great job summarizing Canada’s COVID-19 housing boom. The title of the article is, “How Canada’s real estate market defied expectations in the COVID-19 pandemic.” Non-mortgage debt is down. Mortgage debt is up. Money is… Read More
Proptech Collective has just published their inaugural 2021 Proptech in Canada report. Here are a couple of screen grabs that you all might find interesting: What these images should tell you is that the Canadian proptech landscape is fairly Toronto-centric, but that it’s also very… Read More
This week, RBC Economics published a study on Canada’s rental market where they argued that the pace of new supply needs to at least double in markets like Toronto in order to meet future housing demand and balance the market. Similar things, I’m sure, could… Read More
A colleague of mine sent me this Bloomberg article today and said, “Here’s an article about things you already know.” The article cites a recent report by Altus Group that compared government-related fees on new housing across Canada and the U.S. What they discovered will… Read More
On Monday, Slate Asset Management announced a minority investment from Goldman Sachs Asset Management’s Petershill Program. This is great news, so here’s a copy of the full press release that went out. Toronto, August 19, 2019 – Slate Asset Management L.P. (Slate), a leading alternative… Read More
BRANDON DONNELLY 