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Condominium towers in Calgary, Alberta
September 9, 2024
|
Canada
PayProp Canada

Millions more people will rent for life, say lenders

In the Greater Toronto Area, condo sales have slumped while condo rental demand is reaching new heights. What’s driving this?

A man sorting through a stack of binder clipped documents
April 13, 2023
|
Canada
PayProp Canada

Millions more people will rent for life, say lenders

Ontario’s government will invest $6.5m in the struggling Landlord and Tenant Board to cut decision times, and also plans to strengthen protections for tenants.

Construction worker focusing on a roof truss
October 9, 2023
|
Canada
PayProp Canada

Millions more people will rent for life, say lenders

The federal government’s “enhanced GST rental rebate" removes Goods and Services Tax on new purpose-built rental construction amid the affordable housing crisis.

October 17, 2022
|
Canada
PayProp Canada

Millions more people will rent for life, say lenders

Property managers will want to fortify their residential rental businesses against a looming construction labour shortage in Canada with premium PropTech.

Senior couple drinks tea at table
September 9, 2024
|
Canada
PayProp Canada

Millions more people will rent for life, say lenders

As the population ages, property managers can tap into the growing demand from seniors choosing to age in place.

Various graphs and charts
May 8, 2025
|
Canada
PayProp Canada

Millions more people will rent for life, say lenders

Fresh criticism of CMHC’s data showcases the value of insights from those closest to the ground.

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