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Development

Downtown Dartmouth getting 26-storey tower in post office heritage project Development to bring in 142 housing units, commercial space, public seating A heritage building in downtown Dartmouth will be the site of a new high-rise development, which one councillor says...

Economy

Canadian Business Insolvencies Surged 87% Higher In Q1 Canada’s increasingly hostile business environment is starting to show up in the data. Office of the Superintendent of Bankruptcy (OSB) data shows a sharp increase for business insolvencies in Q1 2024. A weak...

Mortgages

Bank of Canada warns of steep jump in mortgage payments Median monthly payment to increase by more than 60% for those with a variable rate mortgage, central bank report says Homeowners due to renew their mortgage over the coming years will face steep jumps in...

Housing Starts

More new homes being built in N.S. this year than any 1st quarter since the 1940s Previous 1st-quarter record set in 1973; bulk of new units are Halifax apartments In the first three months of 2024, construction crews started work on more new housing units in Nova...

Capital Gains Report

Capital gains tax adjustment unnerves CRE New inclusion rate comes with immediate and longer-term implications Looming changes to Canada’s capital gains tax will have the most immediate implications for private real estate investors who were in the process of...

Federal Housing Policy

Canadian renters not confident Trudeau’s policy will ease housing crisis: poll Most respondents aware of the housing policies in the latest budget yet only ten per cent reported feeling confident in the policies Canadian renters are not confident in Trudeau’s...