The membership of the Canadian Real Estate Association’s (CREA) has voted to transition Realtor.ca into a for-profit subsidiary of the organization. Realtor.ca holds a 50% market share in Canada. According to CREA, Realtor.ca will now be able to pursue new revenue...
The Competition Bureau, Canada’s independent law enforcement agency designed to protect and promote competition for the benefit of consumers and businesses, is seeking market participants for input about the use of property controls in the Canadian grocery industry....
A Nigerian company is taking a unique approach to addressing the housing affordability shortage facing its nation – it is hosting lotteries where the winners are awarded fully constructed homes. The start-up Ticket to Home created an online lottery platform where...
The European Central Bank has cut interest rates for the second consecutive month and for the third time this year. This is also the first time in 13 years that the ECB enacted back-to-back rate cuts. The ECB’s Governing Council lowered its three key interest rates by...
Markham, Ontario-headquartered Sienna Senior Living Inc. (TSX: SIA) has entered into an agreement to acquire a portfolio of four continuing care homes in Alberta for $181.6 million. The portfolio consists of Airdrie Care Community in Airdrie, Shasta Care Community in...
The Canadian government is investing nearly $71 million for the construction of 207 purpose-built rental units in Montreal. Funding for this endeavor will be provided as fully repayable, low-interest loans through the Apartment Construction Loan Program (ACLP), which...
