Young adults embrace home ownership: Royal LePage
According to a recent Royal LePage demographic survey released this morning, 48 per cent of Canadians aged 25 to 35 currently own their home, and 25 per cent of those homeowners purchased a property during the pandemic. Among non-homeowners, there is a strong intention to purchase in the future (84 per cent), with 68 per cent planning to make the move in the next five years. Sixteen per cent say they plan to purchase a property within the year, while 14 per cent say they will buy within one to two years, and 39 per cent are looking to purchase in two to five years.
City Building Ryerson to present Women and Cities webinar
City Building Ryerson has announced an International Women’s Day webinar to take place March 8, focusing on the theme Women and Cities: Planning for Equity. The presentation will examine research that demonstrates how gender biases in city planning can disadvantage women, highlighting the city of Vienna’s experience in undoing its effects.
RBC boosts sustainability commitments
RBC today announced it has increased its commitment to financing sustainable projects, pledging $500 billion in sustainable financing by 2025. RBC’s initial commitment of $100 billion in sustainable financing was achieved in 2020. In addition, RBC committed to net-zero emissions in its lending by 2050, aligned with the global goals of the Paris Agreement, and announced it is joining the Partnership for Carbon Accounting Financials and RMI’s Center for Climate-Aligned Finance.
Feds to spend on Edmonton airport
The federal government yesterday announced funding of $18 million under the National Trade Corridors Fund to upgrade the Edmonton International Airport. The project involves expanding the airport’s Apron 7 by 47,000 square metres to accommodate two additional wide-body aircraft parking positions, installing a new hydrant fuelling system connected to Shell Aviation’s new cargo fuel farm, and building 1,400 square metres of cold storage and equipment in the international cargo area to store temperature–sensitive and perishable export products.