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Ontario’s Housing Revamp Bill 108

May 13, 2019

The Ford PC government has unveiled a major piece of omnibus legislation designed to promote the construction of new housing and to reform planning in Ontario. The bill is being passed swiftly by the government, as is the case with mo …

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On an Interest Rate Cut

May 7, 2019

For almost a year, Tembo has repeated a consistent and simple message. Our view was that the Canadian economy relies massively on low interest rates. Higher rates would cripple our nation’s real estate sector, its financial indu …

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On the Return of Low(er) Interest Rates

April 26, 2019

It’s back to the future time in Canada. The steadily higher interest rate trajectory that was to be the new normal now appears to be officially dead and buried. With the U.S. Fed signalling an end to higher interest rates and tr …

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Big Housing Projects and the Benefits of Rapid Transit

April 23, 2019

In the last four decades, major infrastructure projects in Toronto and the GTA have been few and far between. We have fallen behind. The last two major subway lines that were built benefited low density inner suburbs in North York and …

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The First Conservative Ontario Budget in 15 years

April 12, 2019

This week, the new Ford PC government released its first budget. The document outlines a new vision for the province and sets of the government’s fiscal strategy for the next few years. Contrary to the views of many, the budget …

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Bully Bids and Bans

April 9, 2019

Ontario’s powerful realtors and their respective lobbying vehicle, the Ontario Real Estate Association (OREA) have asked Doug Ford’s provincial government to outlaw the practice of ‘bully offers.’ A bully bid i …

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The Fed Rate Freeze

March 29, 2019

It’s over folks, the Federal Reserve has given up on raising rates to historical levels. The announcement was preceded by rumours and media opinions suggesting the old hike schedule was dead and buried. The Fed’s new sched …

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This Year’s Federal Budget

March 25, 2019

Budget 2019 is the final Liberal budget before this year’s election. It outlined billions of dollars in new spending to please key Constituencies across the country. The Federal government has seen its revenues rise by over $10 …

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On Real Estate Predictions for Spring 2019

March 20, 2019

It’s hard to predict real estate trends and long term changes. Experts, economists, and real estate watchers will all have their views. Southern Ontario and GTA residents are generally positive about the long term fundamentals. …

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Mixed Real Estate Conditions and a Potential BOC Rate Cut

March 8, 2019

  The Greater Vancouver Real Estate Board released rough real estate stats earlier this week. Reports showed that year-over-year Feb. residential home sales fell over 30%. This represents the worst Feb. sales total since 1985, ov …

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SNC Lavalin Scandal Could Change Canada’s Government

March 1, 2019

The Federal government is reeling from the pressure of a scandal that has shaken elite circles across the country. Extensive media coverage in the last several days has widely revealed the scandal to the public – we are of cours …

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On Toronto’s Move For More Affordable Housing

February 22, 2019

With sky-high real estate prices, extremely limited supply, and a vacancy rate incomparable to its international competitors, Toronto is in the midst of a housing crisis. Housing, transit, and affordability were the key issues for pol …

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