Canada’s seniors are facing a severe housing shortage as there is an increasing number of baby boomers turning 65, coupled with a low property vacancy and supply as well as general soaring rent rates. This issue is especially magnified with Canada’s senior population since they often require properties with the care facilities and staffing that … Continue reading Analyzing the Canadian Senior Housing Dilemma
Business owners could soon find themselves selecting office space from the comfort of their homes. Whether it’s in the city where they live or thousands of miles away, comprehensive virtual tours of properties are becoming a reality. Property buyers will see the most benefit from this new trend, saving on travel costs and time … Continue reading The VR Revolution in the Commercial Real Estate Industry
It has been a huge year for Toronto’s condo market, with significant growth in Q3 2017 in overall inventory as well as costs. In this commentary, DBRS examines the condo scene in Toronto and concludes that condo ownership will remain unattainable for most Canadians because of the lack of supply, which is driving up costs, … Continue reading Rental and Ownership in Toronto’s Downtown Core
Fewer shoppers are visiting department stores during the holidays, favouring the convenience of purchasing products online instead. This leaves massive retail giants, such as Macy’s (whose stock has been down by 46.0% since the start of 2017), Kohl’s (down by 16.6%), Nordstrom (down by 19.2%) and JCPenney (down by 64.5%), suffering heavy losses, according to … Continue reading The E-Commerce Takeover: Why Department Stores Are Struggling This Holiday Season
If you ask people what perk they are looking for from a job, many would say that the flexibility to work from home is high on their list. That’s the direction a few offices are going in to promote morale among their workers and to meet the growing demands from millennials, Gen Xers and baby … Continue reading Phoning It In: What Effect Does Working from Home have on the Modern Office?
Over the past five years, the mainstream hotel industry has faced a rapidly changing competitive landscape with the rising success of online crowd-sourced lodging services such as Airbnb, VRBO and HomeAway, among others. Staple hotel companies like Hilton, Marriott and Wyndham Worldwide (Wyndham) recognize that they now face a new set of challenges and are … Continue reading How the Airbnb and Hotel Industry War Will Look in 2018
Toronto has undergone a residential condominium development explosion over the past five years, with another strong quarter in Q3 2017. A recent industry study projects the growth to continue in 2018, given Ontario’s population and economic boom. “Bedrooms in the Sky: Is Toronto Building the Right Condo Supply?”, a study by a joint initiative between … Continue reading The Toronto Condo Market Goes Suburban
With the arrival of 2018, many architects and developers of Class A office buildings are wondering how they can simultaneously maximize space and increase productivity. The most popular solution that has emerged over the past few years does not involve building side-by-side cubicles or cramming more workstations into floor plans, but creating open-concept space. However, … Continue reading What Will the Modern Workplace Look Like in 2018?
Trolls have been holding comments sections hostage for too long. Now news outlets are fighting back Illustration by Alexei Villa By Stephanie Hughes It turns out that even trolls have hearts. Sometimes. That’s what Katelyn Verstraten, an online reporter for CTV Vancouver, discovered in April 2016 when she posted an article about David Pennington — a local runner who … Continue reading Tongue Tied