Globe and Mail (Adrienne Tanner)/August 25
In 1980, when Eileen Mosca moved to Vancouver, she and her partner bought an old house on Rose Street that was split into two suites, essentially rendering it a duplex. “It was a seedy pocket of Grandview Woodlands, but it worked for us,” she recalls. “We had three kids and no money.”
Daily Commercial News (Don Wall)/August 27
The Ontario Electrical League (OEL) has fired the first volley as the Ontario College of Trades (OCOT) enters its next round of reviewing apprenticeship ratios for construction trades.
Mortgage Broker News (Ephraim Vecina)/August 28
Sales of new homes in the Greater Toronto Area fell by 44% on a year-over-year basis in July, per the latest data from the Altus Group.
The significant slowdown also marked a 55% decline from the 10-year average, according to Altus. Sales activity in the condo segment (covering low-, medium-, and high-rises) as well as stacked townhouses and loft units fell by 52% year-over-year and 40% from the 10-year average.
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