All posts by Durham REI
Whitby New Hospital Task Force recommends building a complex continuing care rehab centre
There’s a new focus for the future of health care in Durham Region. The Whitby New Hospital Task Force is now recommending a complex continuing care rehab centre, which would double as a centre of research and teaching, connected to UOIT and Durham College. Chair Christopher White says there is sufficient acute care and emergency […]
Continue readingHousing start numbers hit a four year high in Oshawa
The Oshawa CMA was the exception to Ontario’s slow down in housing starts last month. According to Canada Mortgage and Housing, there was a four-year record high number of single-detached home starts in the Oshawa CMA in November, and construction got underway on a total of 232 units. In Toronto however, housing starts were at […]
Continue readingLow Interest Rates Continue to Inspire Savvy Buyers
DURHAM REGION, December 8, 2011 – Christine Marquis, 2012 President of the Durham Region Association of REALTORS®, reported “Residential sales in Durham Region remain healthy at 771 sales for the month of November reflecting only a 4% decrease from October sales figures. This brings the Year-to-Date sales to 9,347, which is a very strong number […]
Continue readingDurham Region officials taking a good look at affordable housing
Durham is ensuring everyone will have a say in the Region’s housing strategy. Housing Services recently held a forum to hear comments and concerns from key players, including builders, landlords and renters. Director Mary Menzies says over the next year, they’ll continue to reach out to the community. Menzies says at their recent meeting they […]
Continue readingIt’s Durham’s time for support from the province
A local MPP is voicing his displeasure with the McGuinty government, for not fulfilling major promises for Durham Region over the past eight years. Durham MPP John O’Toole says it’s time to get moving on the full 407 east extension, Darlington nuclear new build and expanded GO Train service to Bowmanville. O’Toole says Queen’s Park […]
Continue readingDurham Region and developer fighting a claim against the energy-from-waste incinerator in court
Clarington’s incinerator project is going to court. Environmental group, DurhamCLEAR claims the region has no right to build the energy-from-waste incinerator, because it violates a Clarington zoning bylaw. Wednesday, lawyers for the project’s developer Covanta and the region of Durham are expected to file motions to have the claim dismissed. http://www.durhamradionews.com/archives/37415
Continue readingOntario Moves To Cap Rent Increases
McGuinty Government Proposes To Stabilize Rent Increase Guideline To Protect Tenants Legislation to be introduced today would, if passed, ensure that the annual Rent Increase Guideline is capped at 2.5 per cent to protect tenants and families. The proposed changes would also ensure that the annual Rent Increase Guideline never falls below one per cent. […]
Continue readingDurham Region given high marks for fiscal responsibility
Durham Region is getting credit for their fiscal responsibility. CD Howe institute examined the budgets of Canadian municipalities with populations over 250,000, or a budget of at least $500-million. Regional Chair Roger Anderson says Durham was given a ‘B’ for providing a clear and transparent budget and ranked first in providing an accurate budget. The […]
Continue readingNew investors face tighter credit score demands
New CMHC numbers suggest lenders and the default insurer itself are increasingly relying on a borrower’s credit score to evaluate an application – something likely to affect new real estate investors and not their seasoned counterparts. Most real estate investors have sublime credit,” said Dave Butler, a mortgage broker with VERICO Butler Mortgage and largely […]
Continue readingPublic meeting to be held for residents living in the Lynde Creek Watershed
Residents living in the Lynde Creek Watershed are being invited to participate in the creation of a plan for the community. The Central Lake Ontario Conservation Authority are developing a watershed plan to protect, restore and enhance natural resources within the Lynde Creek Watershed and are holding a public meeting to gather local input. The […]
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