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...

Tenant retention is a critical component of long-term success for investors. Whether managing commercial or residential properties, the goal remains the same: to create a stable, engaged, and satisfied tenant base. However, the strategies employed can differ significantly due to the distinct needs, expectations, and operational considerations of each market. 

Understanding the Tenant Demographic...