Real Estate Development Roundup

Real estate development is big. So big it is now the #1 economy driver for growth … Unprecedented in Canadian history.

How Canada’s hot housing market is propping up GDP growth

bnn.ca – ‎Jun 30, 2016‎
The real estate and rental category measured as part of Canada’s GDP represents the output of real estate agents, brokers, landlords and other related services. In other words, it’s an indicator of the health of the resale market, as opposed to changes …
It maybe a very profitable business, but it is nonetheless a very problematic one,

Calgary residents rally against Highland Park golf course condo plan

Residents in northwest Calgary are rallying against a proposed condo development on the former Highland Park Golf Course. “Very few Calgarians know about this development project, let alone the size and scope,” said rally organizer Elise Bieche of the …
Anyway, where there is money, they will be crooks …

Calgary RCMP charge two real estate developers with fraud and theft

MetroNews Canada–Jun 10, 2016
… Development Corporation for a proposed real estate development at … Centre of Canada (FINTRAC) and the United States Federal Bureau …

Calgary men charged after 864 investors lose $33M in Crowsnest …

CBC.ca–Jun 10, 2016
Two Calgary real estate developers have been charged with fraud and theft after 864 investors in Alberta lost in excess of $33 million in a …

Phoney Calgary realtor Derek Johnson arrested after failing to …

CBC.ca–Jun 30, 2016
The Real Estate Council of Alberta (RECA), which initiated the court action, said it was pleased with the development. “We’re hopeful Mr.

An Iranian fugitive, Toronto property mogul and a deal gone awry

Financial Post–Jun 17, 2016
Sam Mizrahi, one of Canada’s best-known property developers, was … How areal estate tycoon found himself entangled with a wealthy fugitive …
Here are some heart-lightening development,

Markham to open $10M scrap-metal carousel on Canada Day

Toronto Star–Jul 1, 2016
The Pride of Canada is an outlandish carousel made from metals … with the Remington Group, the real estate and development firm behind …

York Region family to get keys to Habitat for Humanity home in …

YorkRegion.com– Jul 2, 2016
… to having enough to buy a home in the current real estate market. Their journey began in 2007 when Keiko visited Canada on a temporary work … Thomas Fischer, vice-president of regional development for Habitat, said he …

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