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April 20, 2021
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The rising cost of multi-residential construction
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Multi-residential construction costs are rising in Canada due to the pandemic’s far-reaching impact on everything from labour and material costs to shifting supply and demand dynamics. According to new research from Altus Group, housing developers in the Greater Toronto Area will likely feel the greatest strain with overall costs associated with construction projected to rise by 5 percent by the end of the year.

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Headline News
»GTA vacancy rate continues to climb
 
»No electricity rate reprieve with this lockdown
 
»Winnipeg multifamily manager named DISI leader
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Getting creative with rent collection
Using technology and innovative thinking to support Canada's landlords. These are stressful times for landlords. While the job may call for collecting rent, a tough economy and pandemic measures have made it harder for most to make good on this responsibility. »READ MORE
»Standard for cleaning HVAC systems updated
 
»Property Management Institute of Canada partners with MediaEdge Communications
 
»Global projects win grants through Elaina’s Sustainability Fund
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Mi Property Portal is an All-in-One property management software for Canadian landlords, investors and property managers. It is built in accordance with Canadian regulations. An easy-to-use, modern and affordable software where property management processes flow naturally. » TRY IT FOR FREE.  

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Manitoba tax rebate comes with rent freeze
Rental housing landlords in Manitoba will receive a 25 percent rebate on education property taxes this year, representing the first step in a provincial promise to remove education costs from the property tax base. »READ MORE
IN CASE YOU MISSED IT:
Weathering the 3rd wave of COVID-19

As COVID-19 variants continue to spread at an alarming rate throughout the country, residential landlords find themselves in a perpetual state of uncertainty as they attempt to keep up with changing regulations. With B.C. having recently entered a three-week lockdown, and Ontario embarking on a month-long “emergency brake shutdown” effective April 3rd, measures to reduce case counts in both provinces include closing patios and indoor dining, and further limiting capacities in grocery stores.  » READ MORE

 
 
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email: circulation@mediaedge.ca