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- Indexed articles, last 90 days
- 17
- Latest publication
- Sep 26, 2026
- Outlet visibility, for Theglobeandmail
- Top 10K sites
- Earliest in this view
- Jul 7, 2026
Latest articles
Eby proposes 2-per-cent tax on unsold condos to encourage developers to sell (opens the original)
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A new NDP government would slap a 2-per-cent tax on empty, unsold condos in British Columbia in a bid to force developers to cut prices and sell the units, party leader David Eby said on Friday. There are nearly 4,000 newly built condos sitting empty in the Vancouver region, according to data from new-home research firm Zonda, as investors shun the units because they are no longer profitable. At a Burnaby news conference during the first week of his re-election campaign, Mr. Eby said his governm
Ontario-backed High Art Capital pays $22.3-million for 43 unsold Toronto condo units (opens the original)
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Ontario government-backed investment firm High Art Capital has paid $22.3-million for 43 unsold condo units at new towers in midtown Toronto, an amount well below the market rate. The bulk purchase is the $1.3-billion fund’s first transaction. The firm bought the units in a condo complex called Line 5, which was named after the city’s new light-rail transit on Eglinton Avenue. The purchase is one of the few of its kind to be revealed publicly. Large investors, such as real estate companies, have
Developers lobby Ottawa for mortgage-interest tax changes on new homes (opens the original)
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Housing developers are lobbying Ottawa for tax changes that would allow buyers of new homes to deduct the interest paid on their mortgage from their taxable income. At a private meeting in late August with Finance Minister François-Philippe Champagne, developers said such a tax break would make homeownership more affordable for first-time buyers and young Canadians. Under Canada’s tax code, homeowners can deduct the cost of mortgage interest for rental properties, but not for their principal res
Tariffs on U.S. homebuilding materials will raise costs, industry warns (opens the original)
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Stainless steel sinks, plywood and other homebuilding products from the U.S. will be hit with tariffs up to 50 per cent because of the trade war, driving up construction costs when the building industry has already been dealing with years of rising expenses. The Canadian countertariffs on $28-billion of U.S. goods took effect on Tuesday and cover hundreds of items, including key homebuilding components such as heating and air-conditioning parts. “Canada simply cannot afford to put more obstacles
Toronto home sales fall in August, ending five-month rebound (opens the original)
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Toronto home sales fell in August, ending a five-month rebound in activity, as the U.S.-Canada trade war intensified and gave some potential homebuyers reason to pause. The city and surrounding area saw 5,484 property transactions last month, according to the Toronto Regional Real Estate Board. That was 1.3 per cent lower than July, 28 per cent below the 10-year average for August, and the first monthly sales decline since February. Activity slowed in a month when trade talks with the United Sta
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For Theglobeandmail, the outlet · Measured Aug 1, 2026
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