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FINTRAC Terrorist Properties Lists Unavailable

 Gov. Rel. News   

The Office of the Superintendent of Financial Institutions (OSFI) has ceased publication of two lists that are used by REALTORS® to determine whether their clients are terrorists or terrorist groups for the purposes of satisfying their FINTRAC Regime obligations. 

Suspicious Buyer Lead

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Malls for sale by Ivanhoe Cambridge

Real estate is changing with business models changes ...
Besides a sale, the Caisse's real-estate unit, Ivanhoe Cambridge, will consider transforming malls with everything from residential housing to logistics space.

Canada’s second-biggest pension manager is preparing to sell a third of the shopping centres it owns in its home market as e-commerce finally starts to bite the country’s brick-and-mortar retailers.

Toronto housing crisis

Oops - the politicians screwed it up again:
We have a housing crisis because there aren’t enough houses. It’s that simple, though policymakers don’t seem to understand that.
Unfortunately, they have misdiagnosed the problem. They have attacked only the demand side of the housing crisis when the real problem is a lack of supply.
Supply has not kept up with the GTA’s rapid population growth.

Toronto - The Great

When Cyril Borovsky bought a 16-foot-wide strip of land in Toronto sandwiched between two bungalows, he knew the only way to fit more than one bedroom on the tiny footprint was to think cubically. Using a steel frame and performing much of the work himself- with just a boom lift and makeshift pulley-, he went up four floors.

Real estate market prediction?

Are you a Canadian waiting for house prices to come down before buying?
If so, you should be prepared to wait a long time.
That’s the implication of a Canadian Real Estate Association (CREA) news release, which forecasts continued strength in Canada’s housing market through 2020.

SkyTower of Toronto

It's official: The long-rumored, 95-story-tall residential tower at the base of Yonge Street in downtown Toronto is a go. Get ready to crane those necks.
Pinnacle International announced the news with a press release on Wednesday, confirming not only that they'd finally be proceeding with phase two of the One Yonge development, but that their monster tower has a name: SkyTower...

Canadian Google expansion ...

Google continues to expand its footprint on Canadian soil with the expansion of three massive new offices, two of which will be in Ontario and a third in Quebec.
Our fine city will be home to one of the province’s new spaces, setting up shop on King Street East, while the other two offices will open in Waterloo and Montreal.

More facts about Purplebrics ...

The Real Estate Council of Ontario says it is looking into allegations that real estate brokerage Purplebricks Canada used staff to write online reviews about the company.
In a statement to REM, Joseph Richer, RECO’s registrar, says: “We are aware of the allegations regarding the soliciting of online reviews at Purplebricks, and we have received numerous inquiries about it as well. We are currently looking into the matter to gather more information, in order to determine whether this would constitute a violation of the legislation.”

The Times They Are A-Changin':

The Times They Are A-Changin':

One of Toronto's Least attractive mall is starting to come down, bit by bit, as demolition crews reduce a large portion of the Galleria Shopping Centre into rubble.
We all knew this was coming, thanks to widely-publicized redevelopment plans for the sprawling site at Dufferin and Dupont Streets.
Still, it's kind of sad to watch the demise of a public space that's been around since the early 1970s... however derelict space may have become.

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