the weekend edition April 21st

Lots of real estate news in Canada to catch up on, plus a cool video about the $2 Billion dollar subway project in Vancouver along with a couple video updates from two issuers on the addy platform. Let’s go! 

Today’s reading time is 4½ minutes

🇨🇦 Federal Budget 🇨🇦

Budget 2024 – The Federal Budget 

🔢 By The Numbers

📰 Industry News

Solving shortage of construction workers key to housing growth: experts

Solving a longstanding construction worker shortage will be key to boosting housing supply, experts say, as Canada’s national housing agency continues to forecast housing start levels that fall short of growing demand. (Western Investor)

In Related News:

  • RBC urges Canada to prioritize construction skills in immigrants to tackle housing crisis (Financial Post)
  • More workers are building housing in Canada, but labour shortages remain (Stats Canada)

10 New Housing Actions Announced In Budget 2024 You May Have Missed

Budget 2024 includes a series of smaller actions that are flying under the radar, including a Short-Term Rental Enforcement Fund and an accelerated capital cost allowance for new rental construction. (Storeys)

Feds cutting 5,000 public service jobs, looking to turn underused buildings into housing

Five thousand public service jobs will be cut over the next four years, while underused federal office buildings, Canada Post properties and the National Defence Medical Centre in Ottawa could be turned into new housing units, as the federal government looks to find billions of dollars in savings and boost the country’s housing portfolio. (CTV)
(*Shared via $Cameron in Discord)

🚇 Video: The $2B Megaproject Under Vancouver

👀 Opinion

🎥 Video Property Updates

The Cambie Apartments
Keith Roy, General Partner on The Cambie Apartments shot a quick video update the other day with the addy squad. (Watch)

223 Street, Maple Ridge
General Partner Ralph van der Walle shot a video update with the addy squad about 223 Street in Maple Ridge (Watch)

🔴 Campaigns Ending

Apex on Perkins

Participate in the ownership of a 234 unit & 732 bed student housing community located adjacent to Oklahoma State University in Stillwater, Oklahoma. (Details
👀 Campaign Ends April 30th 2024

Retreat Condos

The opportunity is to participate in the ownership of a 357-unit condo development situated at the address of 3291 Kingston Rd and 2&4 Windy Ridge in Scarborough, Toronto, Ontario. (Details
👀 Campaign Ends May 24th 2024

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