More than 150 seniors who live in Davenhill Senior Living in Toronto's Rosedale neighbourhood are looking for a new home after the building was reportedly sold. "As the regulations that govern our operation have evolved over the past several decades, we have been able to adapt our services and infrastructure to an older building. However, any new or unexpected building upgrades or regulations would, in all likelihood, require more financial and operational resources than we, as a... [read more]

  AS ONTARIO PREPARES TO VOTE, IT'S TIME TO RETHINK THE HOUSING PUZZLE Murtaza Haider & Stephen Moranis, Financial Post Image courtesty of: CBC   With elections in Ontario less than a month away, housing affordability remains first and foremost on the electorate's mind. Housing and land prices in urban Ontario experienced a dramatic increase since the last provincial elections in 2013. The Liberal government finally responded in April 2017 by imposing... [read more]

NEW HOMEBUYERS GETTING SQUEEZED OUT OF TORONTO MARKET AS GOVERNMENT FEES ON NEW BUILDS SKYROCKET Matthew Yuyitung, Financial Post Image courtesty of: Pointman   Government costs and charges on homes have gone up significantly since 2013, and account for nearly a quarter of the price of a new home in the Greater Toronto Area, according to a report published this week. The report, commissioned by the Building Industry and Land Development Association, showed average cost from... [read more]