For stable, long‑term rental income across Canadian markets, property owners need to develop and implement optimized strategies that reduce expenses and tenancy risks, while leveraging property assets to their full potential. Consistent performance hinges on understanding local supply–demand dynamics, diversifying holdings, rigorous tenant screening, data‑driven pricing, efficient property management,...

The federal government is reportedly exploring the possible reintroduction of the Multi-Unit Residential Building (MURB) tax deduction program as a way to incentivize increased private sector investment in rental housing development.

A MURB tax deduction is a policy tool originally implemented in the 1970s to incentivize private investment in rental housing. While no formal announcement has been made,...

As the old saying goes, “It’s better late than never.”

That’s how the residential construction industry is viewing government reforms that have been presented that will cut red tape, reduce the tax burden on new housing, and speed up approvals.

The measures – introduced by the federal and Ontario governments – are long overdue but certainly welcome. Rather than miss the opportunity, the governments...