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Canada Seeks Design Services for Housing Design Catalogue

by Phil Hall | Jul 8, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government has announced a formal Request for Proposals (RFP) for the Housing Design Catalogue, with the goal of seeking design services for the development of low-rise housing. The first iteration of the Catalogue is slated to begin later this year and...
Ontario Landlords Accused of Investor Fraud Transfer Businesses to Monitor

Ontario Landlords Accused of Investor Fraud Transfer Businesses to Monitor

by Phil Hall | Jul 3, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Four Ontario landlords were ordered by a Superior Court justice to turn over control of their real estate operations to a court-appointed monitor following accusations they misused roughly $144 million in investor money for lavish personal lifestyle purposes while...
Canadian Realtor Fined $3,000 for Anti-Transgender Social Media Posts

Canadian Realtor Fined $3,000 for Anti-Transgender Social Media Posts

by Phil Hall | Jun 24, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canada’s Saskatchewan Real Estate Commission has fined a Saskatoon realtor $3,000 and issued an official reprimand for making hostile comments about transgender people on social media. According to a CBC report, Murray Kurtenbach of Century 21 Fusion published posts...
Nesto Acquires CMLS Group, Creating Canada’s Largest Tech-Enabled Lender

Nesto Acquires CMLS Group, Creating Canada’s Largest Tech-Enabled Lender

by Phil Hall | Jun 21, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Montreal-headquartered Nesto has acquired CMLS Group, Canada’s third-largest mortgage finance company. The financial terms of the deal were not disclosed, although the companies stated the transaction was supported by investments from Diagram Ventures, Portage,...
Canada Invests $1.5 Billion into Co-op Housing Program

Canada Invests $1.5 Billion into Co-op Housing Program

by Phil Hall | Jun 7, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government has introduced a new affordable housing initiative focused on the creation of thousands of co-op housing units. The Co‑operative Housing Development Program is a $1.5 billion endeavor created with the Co-operative Housing Federation of Canada...
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