The British Columbia Financial Services Authority (BCFSA) has disciplined a Vancouver real estate broker and her personal company for professional misconduct involving an investor client. According to BCFCA, between 2018 and 2020 Wendy Mills approached a former client...
A pause on a problematic affordable housing plan, an urban development project to be built without public funds, and a historic theater’s surprise honor. From the wild and wooly world of real estate, here are our Hits and Misses for July 22-28. Hit: Not So Fast,...
Tim Hudak has announced he is stepping down as CEO of the Ontario Real Estate Association (OREA) on Aug. 2. Hudak joined OREA in 2016 after a political career that culminated in his 2009 appointment as the leader of the Progressive Conservative Party of Ontario. Hudak...
Rent2Cash, an Italian start-up that offers up to three years in “rental advance” services to landlords, announced its closing on a €3 million (roughly $3.25 million) pre-seed round and the launch of its operations in Italy. Rent2Cash offers upfront payouts of up to...
Canada Mortgage and Housing Corporation (CMHC) has announced its new Frequent Builder framework to speed the creation of affordable and rental homes by expediting the application process for housing providers. The new framework will target experienced housing...
The Bank of Canada cut its key policy rate for the second consecutive month, slicing away 25 basis points to achieve a 4.5% level. In announcing the rate cut, the central bank predicted Canadian GDP growth to increase in the second half of 2024 and into 2025, adding...
Senate Approves 21st Century ROAD to Housing Act
