GTHA

Is the Greater Toronto and Hamilton Area Multi-Family Market Nearing a Bottom?

Retrieved on: 
Lundi, mai 6, 2024
Marketing, GTHA, Population growth, Regional Municipality of Waterloo, Property management

TORONTO, May 6, 2024 /PRNewswire-PRWeb/ -- Zonda Urban today released its Q1-2024 Greater Toronto and Hamilton Area (GTHA) multi-family market survey results following the release of the Calgary and Vancouver Multi-family results in recent weeks.

Key Points: 
  • TORONTO, May 6, 2024 /PRNewswire-PRWeb/ -- Zonda Urban today released its Q1-2024 Greater Toronto and Hamilton Area (GTHA) multi-family market survey results following the release of the Calgary and Vancouver Multi-family results in recent weeks.
  • The Greater Toronto and Hamilton Area multi-family market posted another double-digit annual decline in sales activity during the first quarter of 2024.
  • GTHA sales volume fell 12% from a year ago to 2,321, marking a multi-year low for the market.
  • A bright spot in the GTHA market continued to be townhouses, with sales consistently rising year-over-year since hitting lows in 2022.

The Milton Logistics Hub is Critical to North American Supply Chains

Retrieved on: 
Lundi, mars 4, 2024
TSX, CNR, CNI, GTHA, Project, Environment

MONTREAL, March 04, 2024 (GLOBE NEWSWIRE) -- (TSX: CNR) (NYSE: CNI) While still reviewing a Federal court’s decision related to the Milton Logistics Hub, CN is reiterating its commitment to the Milton Logistics Hub.

Key Points: 
  • MONTREAL, March 04, 2024 (GLOBE NEWSWIRE) -- (TSX: CNR) (NYSE: CNI) While still reviewing a Federal court’s decision related to the Milton Logistics Hub, CN is reiterating its commitment to the Milton Logistics Hub.
  • The Project is a critical piece of infrastructure in Canada’s busiest and fastest growing region, where new capacity is needed to meet the growing demand for goods.
  • The Milton Logistics Hub will not only benefit Ontario, but further strengthen the Canadian economy and its strategic advantages.
  • “Consumers and Canadian businesses from coast to coast to coast rely on CN’s network to access goods at home and around the world.

Greater Toronto and Hamilton Annual Multi-Family Sales Drop to New Low, Reports Zonda Urban

Retrieved on: 
Jeudi, février 1, 2024
GTHA, Absorption, Overalls, PSF, Regional Municipality of Waterloo, Video game

TORONTO, Feb. 1, 2024 /PRNewswire-PRWeb/ -- Zonda Urban today released its annual 2023 and Q4-2023 Greater Toronto and Hamilton Area (GTHA) multi-family market survey results.

Key Points: 
  • TORONTO, Feb. 1, 2024 /PRNewswire-PRWeb/ -- Zonda Urban today released its annual 2023 and Q4-2023 Greater Toronto and Hamilton Area (GTHA) multi-family market survey results.
  • Annual sales volume fell 36% from a year earlier, following a 29% annual decline from 2021.
  • Condominium apartment sales felt the brunt of the ongoing downturn, falling 44% year-over-year to 11,629 sales, representing the slowest pace in over twenty years.
  • Demand for townhouses marked a high point for 2023 with annual volume rebounding 38% to 3,255.

Provincial goal of building 1.5 million homes will not be realized without adequate land supply

Retrieved on: 
Lundi, décembre 11, 2023
Economic development, Construction, Policy, GTHA, Interview, MGP, Golden Horseshoe, Government, GTA, City, Housing, BILD, Human, Growth, GGH, Population growth

This will jeopardize the provincial objective of building 1.5 million new homes and undermine efforts to address housing supply and affordability.

Key Points: 
  • This will jeopardize the provincial objective of building 1.5 million new homes and undermine efforts to address housing supply and affordability.
  • “We are already in a housing supply deficit,” said Dave Wilkes, BILD President and CEO.
  • Looking forward to 2051, with even higher targets for high-density apartments, we can anticipate this shortfall to increase.
  • Following the reduction of land supply by the 2023 provincial “resetting” of official plan approvals, the housing shortfall could increase to 206,800 grade-related homes (10,400 ha) plus any shortfall in apartment growth.

Annual multi-family sales fall 44% in third quarter, Zonda Urban reports

Retrieved on: 
Mercredi, novembre 15, 2023
Sale, Absorption, Regional Municipality of Waterloo, GTHA, Multi, Greater Toronto Area

TORONTO, Nov. 15, 2023 /PRNewswire-PRWeb/ -- Zonda Urban today released its Q3-2023 Greater Toronto and Hamilton Area (GTHA) multi-family market survey results. Q3-2023 represented a contrast between demand for product types amid slow market conditions. Overall, new multi-family sales rose 7% year-over-year to 2,730; however, condominium apartment sales declined 23% from a year ago to 1,886 units, as the sale of new townhouse units rose 426% to 894, marking two consecutive quarters of annual growth in demand for at-grade units. Multi-family sales at an annualized pace of 15,971 are down 44% from last year.

Key Points: 
  • TORONTO, Nov. 15, 2023 /PRNewswire-PRWeb/ -- Zonda Urban today released its Q3-2023 Greater Toronto and Hamilton Area (GTHA) multi-family market survey results.
  • Multi-family sales at an annualized pace of 15,971 are down 44% from last year.
  • Despite challenging conditions, 18 new apartment projects with 6,556 had launched sales as of early November, an increase over Q4-2022.
  • The Q3-2023 Zonda Urban GTHA multi-family take report will be released shortly with further insight into the market.

Interac® Debit to be available for TTC riders

Retrieved on: 
Jeudi, août 10, 2023
STL, Travel, Fredericton Transit, Lethbridge Transit, GTHA, Interac, GTA, TTC, Franco-Ontarians, Toronto Transit Commission, Translink, AVP, Toronto Transit Commission fares, Debits and credits, Metrolinx, Payment card, Online shopping, Growth, Greater Toronto Area

"With availability across the PRESTO network, transit users throughout the entire Greater Toronto Area can ride with confidence knowing debit is available.

Key Points: 
  • "With availability across the PRESTO network, transit users throughout the entire Greater Toronto Area can ride with confidence knowing debit is available.
  • Since the first launch of Interac Debit contactless payments on select transit agencies in 2021, approximately one-third (32 per cent) of Interac Debit transit transactions use a mobile wallet.
  • In May, Interac Debit became available as a contactless payment option on nine transit agencies across the PRESTO fare system .
  • "When transit agencies enable Interac Debit payments, they're offering riders a payment method that almost 30 million Canadians use for day-to-day transactions."

Short Sea Shipping on the Great Lakes

Retrieved on: 
Mercredi, juin 21, 2023
Congestion, Partnership, McMaster Institute of Environment and Health, Transport Canada, Port of Chicago, Great Lakes region, GTHA, Port, Public policy, GHG, Transport, Movement, Government, Research, Radius, GDP, Fluid and crystallized intelligence, CO2, Population growth, Rare-earth element, Rail freight transport

HAMILTON, Ontario, June 21, 2023 (GLOBE NEWSWIRE) -- A new study sheds light on the potential advantages of short sea shipping services between southern Ontario and the US Great Lakes region.

Key Points: 
  • HAMILTON, Ontario, June 21, 2023 (GLOBE NEWSWIRE) -- A new study sheds light on the potential advantages of short sea shipping services between southern Ontario and the US Great Lakes region.
  • By exploring short sea shipping services on the Great Lakes, the study envisions a future with reduced highway and border congestion, lower greenhouse gas emissions, and improved supply chain resilience.
  • Short sea shipping, a widely adopted approach in Europe and Asia, is an increasingly appealing alternative to road transportation in the Great Lakes region.
  • This study marks a significant step forward in unlocking the potential of short sea shipping on the Great Lakes.

Durham Region's innovation community set to energize Collision Conference with Project Arrow

Retrieved on: 
Lundi, juin 19, 2023
Learning, Durham College, Heart, O'Reilly Auto Parts, Partnership, ARC Centre of Excellence in Future Low-Energy Electronics Technologies, Ontario Tech University, Incubator, GTHA, GTA, Arrow, Ontario Power Generation, Research, History, Trent University, OPG, Economic development, Western Cape Department of Economic Development and Tourism, Acceleration, APMA, Growth, Ecosystem, Enercare Centre, Conference, Industrialisation, Coke (fuel), Rail transport, Renewable energy, Video game, Greater Toronto Area

Together, they will present the Durham Region innovation community at the 2023 Collision Conference.

Key Points: 
  • Together, they will present the Durham Region innovation community at the 2023 Collision Conference.
  • Project Arrow: The first all-Canadian, zero emission, connected vehicle, engineered and manufactured at Ontario Tech University's ACE Climatic Aerodynamic Wind Tunnel.
  • For more information or to book an appointment with the Invest Durham team at Collision Conference, please visit Invest.Durham.ca/collision .
  • "Durham Region's innovation community is at the centre of clean energy and automotive innovation—making this year's conference a great opportunity to showcase our growing technology ecosystem.

407 ETR and the Canadian Wildlife Federation working to restore the equivalent of 22 football fields of land to enhance monarch butterfly and pollinator habitats along roadsides in the GTHA

Retrieved on: 
Lundi, mars 20, 2023
CWF, Food, Bee, Seed, GTHA, Canadian Wildlife Federation, ETR, Organization, Biodiversity, Plant, ESG, Agriculture

407 ETR's funding will support the restoration of 12 hectares – the equivalent of roughly 22 football fields – along the monarch butterfly migration route that closely follows the roadway of Highway 407 ETR.

Key Points: 
  • 407 ETR's funding will support the restoration of 12 hectares – the equivalent of roughly 22 football fields – along the monarch butterfly migration route that closely follows the roadway of Highway 407 ETR.
  • "Human interventions have caused significant declines in pollinator populations across North America, and these species are critical for our ecosystems.
  • "The path we're on needs to improve and Corporate Canada plays a part in facilitating lasting, sustainable and meaningful change.
  • We're excited to see organizations like 407 ETR partner with us to help halt and reverse the decline in biodiversity."

Stratagem Studios Announces Further Expansion of Canadian Footprint in Partnership with Toronto's Kleinburg Studios

Retrieved on: 
Jeudi, janvier 19, 2023
Hawkeye, Marvel, Starz, Pinewood, Stratagem, Partnership, Marketing, History, Growth, Map, Amazon, Television, Boyz, GTHA, Film

TORONTO, Jan. 19, 2023 /PRNewswire/ -- Stratagem Studios, Toronto's premier studio facility, production and service company, has announced a new joint venture with Canada's first purpose built clear span studio facility, Kleinburg Film Studios, which will bring Stratagem Studios' GTHA footprint to 400,000 sq ft of stage and production support space.

Key Points: 
  • Through the new partnership, Stratagem Studios, home to major productions including Marvel's Hawkeye and Taylor Sheridan's Mayor of Kingstown, will be handling all sales, marketing and studio operations of Kleinburg Studios.
  • Additionally the partners will rebrand the studio to Stratagem Kleinburg Studios to further allow Kleinburg to become part of the Stratagem ecosystem of production facilities and provide a one-stop turnkey solution for major productions coming to Canada.
  • This new partnership with Kleinburg is an important strategic move for Stratagem that firmly positions us on the Toronto and Canadian map.
  • - Riccardo Bozzo, Owner of Kleinburg Film Studios
    In 2022, Stratagem Studios announced their one-of-a-kind, fully operational 250,000 sq ft Stratagem Studios Eastside complex in Toronto, Canada.