Sales of singles, condos on the rise in GTA
Ontario’s Building Industry and Land Development Association (BILD) reported on Greater Toronto Area home sales for March this morning, noting that sales of both single-family homes and condominium apartments were above last year and above the 10-year average. Total March new–home sales, with 5,003 units sold, were up 27 per cent from March 2020 and 37 per cent above the 10-year average, according to Altus Group. Condominium apartments, including units in low–, medium– and highrise buildings, stacked townhouses and loft units, accounted for 3,297 new home sales in March, up 11 per cent from March 2020 and 42 per cent above the 10-year average.
Progressive Planet continues with PozGlass testing
Progressive Planet Solutions Inc., a miner based in Vancouver, today announced the successful completion of phase one of a two-test program for its PozGlass SCM product. The product would replace fly ash in concrete using natural pozzolans and recovered post-consumer glass. Upon successful completion of phase two tests, the firm will move to a full-scale commercial roll-out of the PozGlass SCM product in Western Canada and the Pacific Northwest.
Osgoode session to focus on Construction Act risks
Osgoode Professional Development has announced a one-day session highlighting key risks and obligations for Ontario lawyers under the Construction Act. The webinar, presented as an online replay, will be shown May 7 with Glenn Ackerley of WeirFoulds, Jason Annibale of McMillan LLP and Geza Banfai of McMillan as presenters.
Firms aiming to be more innovative
This morning Statistics Canada released its Survey of Innovation and Business Strategy, 2017 to 2019. Over that period, the survey indicated, approximately 80 per cent of Canadian businesses indicated they were engaged in innovative practices and strategies. Larger businesses (250 or more employees) were more likely to be innovative (85.8 per cent) than businesses with fewer employees, with 79 per cent of businesses with fewer than 100 employees being innovative in the 2017-to-2019 reference period. Ontario had the highest share of innovative businesses (83.1 per cent).