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New Changes To Lockdown Rules Permit Additional Construction Activities – Real Estate and Construction – Canada – Mondaq News Alerts

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Canada:

New Changes To Lockdown Rules Permit Additional Construction Activities

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The State of Emergency in Ontario was lifted by the government
of Ontario on Tuesday February 9, 2021. Despite this promising
development, this does not mean that the construction industry is
completely back to “business as usual” just yet.

As part of the announcement lifting the state of emergency the
government of Ontario announced a return to the phased openings we
saw across the Province throughout the summer and fall of 2020.
Areas with greater transmission rates of COVID-19 will remain as
Stay-At-Home zones, while those areas that are relatively less
impacted by COVID can begin moving towards reopening. The timeline
for moving from a Stay-At-Home zone to the re-opening framework is
fluid at the moment and will be determined on a region-by-region
basis. The latest estimations for when each region will enter the
reopening framework can be found here.

The Reopening Framework (Not Stay-At Home Zones) – All
Construction Activities are Permitted

In those regions which have left the Stay-At-Home Zone and
entered the re-opening framework, all construction and construction
activities are permitted. This is true for all regions in the grey,
red, orange, yellow, and green zones established by the re-opening
framework.

Stay-At-Home Zones – Restrictions on Construction
Activities

In Stay-at-Home Zones the shutdown and stay at home order
continue in effect. Construction activities are limited to those
deemed essential as set out in the following list (Please note that
the changes in this list from the previous regulation are
bolded):

Construction activities or projects and related services,
including land surveying and demolition services, that,

  • are associated with the healthcare
    sector or long-term care, including new facilities, expansions,
    renovations and conversion of spaces that could be repurposed for
    health care space.
  • ensure safe and reliable operations
    of, or provide new capacity in,

    • municipal infrastructure, or
    • provincial infrastructure, including
      but not limited to, the transit, transportation, resource, energy
      and justice sectors;
  • support the operations of, or provide
    new capacity in, electricity generation, transmission, distribution
    and storage, natural gas distribution, transmission and storage or
    in the supply of resources.
  • support the operations of, or provide
    new capacity in schools, colleges, universities and child care
    centres within the meaning of the Child Care and Early Years
    Act, 2014.
  • are required for
    • the maintenance and operations of
      petrochemical plants and refineries;
    • significant industrial petrochemical
      projects where preliminary work commenced before January 12, 2021;
      or
    • industrial construction and
      modifications to existing industrial structures limited solely to
      work necessary for the production, maintenance, or enhancement of
      personal protective equipment, medical devices such as ventilators,
      and other identified products directly related to combatting the
      COVID-19 pandemic.
  • would provide additional capacity in
    the production, processing, manufacturing or distribution of food,
    beverages or agricultural products.
  • were commenced before January 12,
    2021 and that would,

    • provide additional capacity for
      businesses that provide logistical support, distribution services,
      warehousing, storage or shipping and delivery services,
    • provide additional capacity in the
      operation and delivery of Information Technology (IT) services or
      telecommunications services, or
    • provide additional capacity to, or
      enhance the efficiency or operations of, businesses that extract,
      manufacture, process and distribute goods
    • provide additional capacity to, or
      enhance the efficiency or operations of, businesses that extract,
      manufacture, process and distribute goods, products, equipment, and
      materials.
  • that support the operations of
    broadband internet and cellular technologies and services.
  • are residential construction
    activities or projects and related services.
  • prepare a site for an institutional,
    commercial, industrial or residential development, including any
    necessary excavation, grading, roads or utilities infrastructure.
    are necessary to temporarily close construction sites that have
    paused, or that are not active, to ensure ongoing public
    safety;
  • are funded in whole or in part by,
    • the Crown in right of Canada or in
      right of Ontario,
    • an agency of the Crown in right of
      Canada or in right of Ontario, or
    • a municipality

The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.

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Greater Toronto home sales jump in October after Bank of Canada rate cuts: board

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TORONTO – The Toronto Regional Real Estate Board says home sales in October surged as buyers continued moving off the sidelines amid lower interest rates.

The board said 6,658 homes changed hands last month in the Greater Toronto Area, up 44.4 per cent compared with 4,611 in the same month last year. Sales were up 14 per cent from September on a seasonally adjusted basis.

The average selling price was up 1.1 per cent compared with a year earlier at $1,135,215. The composite benchmark price, meant to represent the typical home, was down 3.3 per cent year-over-year.

“While we are still early in the Bank of Canada’s rate cutting cycle, it definitely does appear that an increasing number of buyers moved off the sidelines and back into the marketplace in October,” said TRREB president Jennifer Pearce in a news release.

“The positive affordability picture brought about by lower borrowing costs and relatively flat home prices prompted this improvement in market activity.”

The Bank of Canada has slashed its key interest rate four times since June, including a half-percentage point cut on Oct. 23. The rate now stands at 3.75 per cent, down from the high of five per cent that deterred many would-be buyers from the housing market.

New listings last month totalled 15,328, up 4.3 per cent from a year earlier.

In the City of Toronto, there were 2,509 sales last month, a 37.6 per cent jump from October 2023. Throughout the rest of the GTA, home sales rose 48.9 per cent to 4,149.

The sales uptick is encouraging, said Cameron Forbes, general manager and broker for Re/Max Realtron Realty Inc., who added the figures for October were stronger than he anticipated.

“I thought they’d be up for sure, but not necessarily that much,” said Forbes.

“Obviously, the 50 basis points was certainly a great move in the right direction. I just thought it would take more to get things going.”

He said it shows confidence in the market is returning faster than expected, especially among existing homeowners looking for a new property.

“The average consumer who’s employed and may have been able to get some increases in their wages over the last little bit to make up some ground with inflation, I think they’re confident, so they’re looking in the market.

“The conditions are nice because you’ve got a little more time, you’ve got more choice, you’ve got fewer other buyers to compete against.”

All property types saw more sales in October compared with a year ago throughout the GTA.

Townhouses led the surge with 56.8 per cent more sales, followed by detached homes at 46.6 per cent and semi-detached homes at 44 per cent. There were 33.4 per cent more condos that changed hands year-over-year.

“Market conditions did tighten in October, but there is still a lot of inventory and therefore choice for homebuyers,” said TRREB chief market analyst Jason Mercer.

“This choice will keep home price growth moderate over the next few months. However, as inventory is absorbed and home construction continues to lag population growth, selling price growth will accelerate, likely as we move through the spring of 2025.”

This report by The Canadian Press was first published Nov. 6, 2024.

The Canadian Press. All rights reserved.

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Homelessness: Tiny home village to open next week in Halifax suburb

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HALIFAX – A village of tiny homes is set to open next month in a Halifax suburb, the latest project by the provincial government to address homelessness.

Located in Lower Sackville, N.S., the tiny home community will house up to 34 people when the first 26 units open Nov. 4.

Another 35 people are scheduled to move in when construction on another 29 units should be complete in December, under a partnership between the province, the Halifax Regional Municipality, United Way Halifax, The Shaw Group and Dexter Construction.

The province invested $9.4 million to build the village and will contribute $935,000 annually for operating costs.

Residents have been chosen from a list of people experiencing homelessness maintained by the Affordable Housing Association of Nova Scotia.

They will pay rent that is tied to their income for a unit that is fully furnished with a private bathroom, shower and a kitchen equipped with a cooktop, small fridge and microwave.

The Atlantic Community Shelters Society will also provide support to residents, ranging from counselling and mental health supports to employment and educational services.

This report by The Canadian Press was first published Oct. 24, 2024.

The Canadian Press. All rights reserved.

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Here are some facts about British Columbia’s housing market

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Housing affordability is a key issue in the provincial election campaign in British Columbia, particularly in major centres.

Here are some statistics about housing in B.C. from the Canada Mortgage and Housing Corporation’s 2024 Rental Market Report, issued in January, and the B.C. Real Estate Association’s August 2024 report.

Average residential home price in B.C.: $938,500

Average price in greater Vancouver (2024 year to date): $1,304,438

Average price in greater Victoria (2024 year to date): $979,103

Average price in the Okanagan (2024 year to date): $748,015

Average two-bedroom purpose-built rental in Vancouver: $2,181

Average two-bedroom purpose-built rental in Victoria: $1,839

Average two-bedroom purpose-built rental in Canada: $1,359

Rental vacancy rate in Vancouver: 0.9 per cent

How much more do new renters in Vancouver pay compared with renters who have occupied their home for at least a year: 27 per cent

This report by The Canadian Press was first published Oct. 17, 2024.

The Canadian Press. All rights reserved.

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