Toronto resists national trend in housing starts
The Canada Mortgage and Housing Corporation reported today that the trend in housing starts was 271,068 units in September 2021, down from 284,757 units in August 2021. The trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. Single-detached and multi-family SAAR starts were both lower in Canada’s urban areas in September, which led to a decline in overall SAAR starts for the month. But Toronto and Montreal both registered growth in total SAAR starts in September.
Athens Group to redevelop Naples Beach property
The Athens Group and MSD Partners announced today that they have acquired the former Naples Beach Hotel and Golf Club in Naples, Fla. with plans to redevelop the site into the Naples Beach Club, a 125-acre resort and residential beachfront development. The community will include a 216-room hotel managed by Four Seasons Hotels and Resorts, up to 185 luxury residences and new club amenities.
IWH presentation explores COVID info gap
Ontario’s Institute for Work and Health Speaker Series continues tomorrow with a presentation by Dr. Peter Smith on the public health information gap related to workplace COVID-19 protection practices. Smith will discuss results from two studies conducted jointly with Public Health Ontario. The online event begins at 11 a.m.
Ontario to license temporary help agencies
The Ontario government announced this morning it intends to introduce legislation that would require temporary help agencies and recruiters to have a licence to operate in the province. Proposed changes would enable officers to levy penalties against an unlicensed temporary help agencies or recruiter or a business that is using an unlicensed operator. Minister of Labour, Training and Skills Development Monte McNaughton stated, “This legislation would, if passed, be the toughest of its kind in Canada, ensuring every worker in Ontario has unprecedented protection today and in the years to come.”
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