Construction will soon begin on Waterloo’s new boutique hotel – the Domain Hotel. The full service hotel, situated in the BarrelYards community at the former Canbar site, will transform the neighbourhood to a significant destination for business and pleasure travelers, and an exciting local resource.
TORONTO — The Canada Pension Plan Investment Board now owns a significant piece of five major shopping centres in the United States.
Today is day one of the government’s new mortgage rules.
Here’s a quick rundown of the key points…
“It has become clear to us through this process that the only viable alternative to bankruptcy would be to transfer control and operation of the property, in an orderly manner, to the lenders and their representatives. We make this decision as we feel a battle over the property or a contested bankruptcy process is not in the long-term interest of the property, its residents, our partnership or the city.”
Bankers said Wednesday they will move to auction off Intrawest Holdings unless the ski resort operator can find a way to settle its debts.
Toronto’s commercial real estate
industry had its worst year in a decade in 2009, despite an end of the year investment surge.
New data collected by CAAMP indicates homeowners are borrowing less, not more, than they can afford to borrow
TORONTO, Jan. 14 /CNW/ – New research using data collected by the Canadian Association of Accredited Mortgage Professionals (CAAMP) from its corporate members strongly suggests that Canadian mortgage lenders and borrowers, including first time home buyers, are being extremely prudent with their borrowing and lending.
City planners talk up the benefits of low-slung buildings, but developers say red tape and high costs are working against them.
DUBAI, UNITED ARAB EMIRATES–Dubai opened the world’s tallest skyscraper Monday in a blaze of fireworks, then added a final flourish: It renamed the half-mile-high tower for the head of neighbouring Abu Dhabi, whose billions bailed out Dubai amid last year’s financial crisis.
Original Posting – The Ontario Condo Law Blog – published by Gardiner Miller Arnold LLP – September 2009
Anyone following the progress of Ontario’s Smart Metering Initiative and wondering how it applies to condominiums should read an August 2009 decision of the Ontario Energy Board (“OEB”) on smart sub-metering in rental buildings.
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