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Economic, Government, Labour

First Notice: green buildings policy; home prices spike; WFH survey

First Notice: green buildings policy; home prices spike; WFH survey

 

McKennaÌýto speak on green buildingsÌý

FederalÌýMinister of Infrastructure and Communities Catherine McKennaÌýhas scheduledÌýan announcement on green community buildings today at noon EDT.ÌýShe will be joined by Garth Frizzell, president of the Federation of Canadian Municipalities.Ìý

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Home prices roseÌý14.1 per cent year over yearÌý

According to the Royal LePage House Price Survey released today, the aggregate price of a home in Canada increased 14.1 per cent year-over-year to $749,165 in the first quarter of 2021.ÌýRoyal LePage is forecasting that the aggregate price of a home in Canada will increase 13.5 per cent to $805,000 in the fourth quarter of 2021 compared to the same quarter last year.Ìý

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Working from home easier than expected: surveyÌý

AnÌý study released todayÌýreveals that more than three out of five people say working from home is easier than they expected, with the same number liking it better and findingÌýit less stressful thanÌýworkingÌýat their usual workplace. Two out of five expressed concerns about juggling work and family responsibilities while working from home.ÌýYoung workers aged 18 to 24 (56 per cent), immigrants (44 per cent), workers ofÌýcolourÌý(46 per cent) and Indigenous workers (60 per cent) are all more likely than averageÌýto worry that working from home will negatively impact their career.Ìý

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VestcorÌýbuys into Crown RealtyÌý

Crown Realty Partners announced yesterday thatÌýVestcorÌýInc. has acquired a minority interest inÌýthe firm.ÌýCrown is aÌýnationalÌýcommercial real estate investment and management firm with overÌý$2ÌýbillionÌýinÌýassets.ÌýVestcor is a New Brunswick-based investment manager and pension and employee benefits administrator with approximately $19 billion in assets under management.Ìý

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