The Government of Ontario has introduced legislation that, if passed, would cap the annual Rent Increase Guideline at 2.5 per cent. The legislation, called Bill 19, Residential Tenancies Amendment Act (Rent Increase Guideline), 2011, would also ensure that the annual rent increase never falls below one per cent. The province’s Rent Increase Guideline is a [...]

Canada’s top real estate executives are predicting a brighter future for commercial real estate. The views of 49 leading real estate executives were captured in the third quarter 2011 REALpac/FPL Canadian Real Estate Sentiment Survey. The quarterly survey measures executives’ current and future outlook on three topics: overall real estate conditions, access to capital markets, and [...]

The Ontario Realty Corporation (ORC) invites interested parties to submit proposals to provide services as detailed in Request for Proposal (RFP) No. 0510-08 - Disposition and Acquisition Brokerage Services and Related Ancillary Consulting Services. Services are to be provided across the province from time to time and are comprised of disposition and acquisition brokerage services for [...]

Oakville real estate broker Azizali Kanjee Khoja assumed the role of Commercial Director of the Ontario Real Estate Association’s (OREA) annual conference on March 2. In this capacity, he represents the association’s commercial members on the board of directors. Active in the real estate profession for 36 years, Mr. Khoja is a real estate broker [...]

The government of Ontario recently launched two new web resources for brownfield development. The first resource is a compendium of Community Improvement Plans (CIPs). Until now, there has been no consolidated source for locating active municipal brownfields financial incentive programs. The compendium includes: Municipal staff contacts and links to municipal websites. PDF copies of CIP policies, [...]