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April 6, 2021
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Weathering the 3rd wave of COVID-19
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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.

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Headline News
»COVID aggravates Quebec social housing backlog
 
»Boardwalk shares positive operational update
 
»Equiton acquires two Hamilton apartment buildings
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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
»New rental housing coming to Laval, Quebec
 
»ASHRAE provides updated airborne transmission guidance
 
»Canadians foresee mental health impacts persisting post COVID
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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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Strong housing market to power through 2021
Will Canadians continue working from home after the pandemic winds down? No one knows for sure, and especially to what extent people will return to traditional office settings, but it may impact the housing market for some time. »READ MORE
IN CASE YOU MISSED IT:
Average rent in Canada down 6% since February 2020

The average rent for all Canadian properties listed on Rentals.ca in February was $1,714 per month, down 6 percent from $1,823 in February of last year. For landlords, that could be a positive sign given it is the lowest annual decrease reported in the past nine months. From June 2020 through January 2021, rental rates have been down on average between 7 percent and 9.5 percent.  » READ MORE

 
 
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