All posts by Durham REI
Fewer apartments for rent in Durham
DURHAM — Apartment vacancy rates in Durham Region have dropped compared to this time last year. The Canada Mortgage and Housing Corporation’s fall 2011 rental market survey shows decreased vacancy rates for apartments of all types in the Oshawa census metropolitan area, which includes Oshawa, Whitby and Clarington. Vacancy rates for bachelor apartments dropped from […]
Continue readingTotal sales down, but value increases for building permits in Oshawa
It was good and bad news for building permit sales in Oshawa last month. The total number of permits sold fell from 137 last year to 72. In spite of the drop, the construction value of those permits actually climbed from $12 to $14 million. City officials also say that commercial construction value in 2011, […]
Continue readingAjax Bayly widening priority for Durham in 2012
AJAX — After years of waiting, a widening of Bayly Street in Ajax is finally at the top of the Region’s roads agenda for 2012. As it stands, Bayly has four lanes, two lanes going east and two lanes going west, until Shoal Point Road, where it narrows to a two-lane rural road. It […]
Continue readingForking over more for H2O
It could cost you a little over $47 more next year to have the clear stuff flow from your taps and the sewage waste carried away from your home. That is of course, if Regional council approves the 6.4 per cent increase to the sanitary sewer and water user rates staff is proposing. “We worked […]
Continue readingWhen a rented water tank leaks, who pays?
Suppose your hot water tank springs a leak and wrecks the floor, drywall and paint in your basement. You can file an insurance claim, but you risk paying higher premiums at renewal time. If you rent your tank, you can ask the rental company to cover the repairs. Don’t your monthly fees of $15 to […]
Continue readingGO willing to put Knob Hill deal back on track
If the right price were to come along, Metrolinx says it would still be willing to purchase the Knob Hill Farms site in Oshawa and potentially turn it into a GO station. This statement comes after representatives from Metrolinx initially stated negotiations were off. “We are not seeking acquisition at 500 Howard Street,” Malon Edwards, […]
Continue readingCanada’s annual inflation rate remained unchanged and relatively strong
According to Stats Canada annual inflation remained fairly strong sitting at 2.9 percent in November. The agency says that Canadians are being charged much more at the pump over the same time last year. Gas cost 13.5 percent more last month than it did 12 months earlier. From month-to-month, gas prices fell 2.3 percent in […]
Continue readingBuilding permits relatively steady in Whitby for November
Building permit sales in Whitby last month were pretty much on par with 2010. There were a total of 85 permits sold in November, down just 18 from the same month last year. Year-to-date numbers are up with 1,158 permits sold so far in 2011, which 56 more than in 2010. The construction value for […]
Continue readingOntario economy expected to rise
Ontario’s economy will grow 2 percent in 2011, and up 2.3 percent in 2012, according to a report released Monday by the RBC. The modest increase is in spite of a slowdown earlier in the year. Economist Craig Wright says growth is dependency is based on zero slippage in the European Debt Crisis. http://www.durhamradionews.com/archives/37970
Continue readingFederal government invests additional $15 million in A.R.C. Initiative
The federal government is extending a program which bridges together small business and post-secondary education. The Applied Research Commercialization Initiative will run through March of 2013, and be given an additional $15 million. Minister of State Gary Goodyear says small business is the lifeblood of the Canadian economy, and the extension will allow them to […]
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