Sammy Hudes
- Indexed articles, last 90 days
- 12
- Latest publication
- Oct 1, 2026
- Outlet visibility, for Theglobeandmail
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- Jul 8, 2026
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Toronto board of trade urges Ontario to amend zoning and building code rules to spur housing growth (opens the original)
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The Toronto Region Board of Trade is urging the province to amend zoning and building code rules as it says Ontario is on pace to fall well short of its goal of getting at least 1.5 million new homes built by 2031. In a report published Thursday, the board said the target is unachievable by the current deadline, which was set by the provincial government in 2022, even if housing production increases over the next five years. Based on budget forecasts, Ontario is projected to fall more than 550,0
Tim Hortons to offer ‘flight roast’ on WestJet flights as part of larger partnership (opens the original)
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Tim Hortons’ coffee is cleared for takeoff. As Canadian brands increasingly search for ways to differentiate themselves in a crowded retail marketplace, the café giant is teaming up with WestJet. Starting Nov. 30, a special in-flight brew from the café giant will be available on board the airline’s flights as part of a partnership between the two brands that will later include a loyalty program collaboration. Dubbed the “flight roast,” Tim Hortons says the coffee features a unique blend specific
Home sales fall 6.9% annually in August as economic headwinds threaten market momentum (opens the original)
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The Canadian Real Estate Association says home sales in August were down compared with a year ago as a fresh round of economic challenges threaten to dampen housing market momentum for the remainder of the year. The organization says home sales last month totalled 37,504, down 6.9 per cent from August, 2025. On a seasonally adjusted basis, activity fell 0.7 per cent compared with July of this year. Shaun Cathcart, CREA’s senior economist, says rising inflation risks and the possibility of loomin
Canada’s housing supply gap narrowly improves, but pace of construction could slow, CMHC says (opens the original)
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The federal housing agency says Canada narrowly chipped away at its supply gap over the past year, but the country still needs up to nearly 4.7 million new homes over the next decade to restore pre-pandemic affordability by 2036. Canada Mortgage and Housing Corp. released its latest supply gap estimate report, which said between 417,000 and 469,000 new housing units are needed per year across the ownership and rental markets over the next decade to reach affordability targets. That’s down slight
Average asking rents fall 4.8% in August, hitting low last seen in 2022, report says (opens the original)
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The average asking price for a rental unit in August was $2,035, down 4.8 per cent compared with a year ago. A monthly report from Rentals.ca and Urbanation, released Wednesday, said that marks the steepest year-over-year drop since March. Average asking rents have now fallen year-over-year for 23 consecutive months, with prices down 7 per cent compared with 2024. For August, the average cost being sought by landlords was at its lowest level since 2022, the report said. Rents were essentially fl
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