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Recent Posts
Below is a preview of the five most recent posts from the blog Bridge Beat. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- Seven predictions about Canadian housing in the post COVID-19 world
The world’s COVID-19 prescription can be summed up on one particularly Canadian t-shirt: “Stay the PUCK home!” Those of us with a home have pretty much done exactly that. Those of us with a home. Saying that we have an affordable housing crisis is not new. What’s new is that COVID-19 has drawn a str … Read more »
- What’s New with Housing Now – City of Toronto Announces Phase Two Sites
Housing Now, the City of Toronto’s initiative to unlock city-owned sites for the creation of long-term affordable housing, just got a little bit bigger this past week. When it was initially announced in December, 2018, the Phase One of Housing Now included 11 city-owned properties, with the objectiv … Read more »
- What Is In Store for the Commercial Real Estate Market in the GTA?
I have a good friend who practices commercial real estate in New York City and is bemoaning the utter collapse of the real estate market over there. He tells me that previously executed real estate sales of commercial property are being “reconsidered” by purchasers. The sellers are granting reduct … Read more »
- Canada Mortgage and Housing Corp. (CMHC), Chief Executive, Paints Bleak Picture for Residential Housing in Canada
You may recall my previous blogs about Evan Siddall, CEO of CMHC who last year severely criticized efforts to modify the mortgage stress test in any way, predicting financial Armageddon if the strings were loosened and more buyers, particularly first time buyers, were allowed into the market. Notwi … Read more »
- Ontario Announces Relief for Commercial Tenants
Friday, April 24th the Province announced the Ontario-Canada Emergency Commercial Rent Assistance Program (the “Program”). The Program provides forgivable loans to commercial landlords who may face a potential decrease in rental revenue due to tenants being unable to afford rent during the COVID-19 … Read more »