Land removed from Greely despite objections that more housing development needed in the village
The Agriculture and Rural Affairs Committee (ARAC) passed a motion deciding that a new subdivision will not be part of the village of Greely.
Climbing rents in Ontario have tenants feeling stuck
With the cost of rent increasing in an already competitive market, tenants face mounting hurdles to secure shelter that fits their needs and budgets. According to Capital Current’s data analysis from Statistics Canada’s Consumer Price Index (CPI), rent prices in Ontario rose by 7.1 per cent in August 2024, compared to the same time last year. The increase for all...
Aggregate price of a single family home increasing in Ottawa, according to Royal LePage
Ottawa home buyers continue to feel increasing economic pressures, according to Royal LePage. The aggregate price of a home in Ottawa has increased by 2.1 per cent to $777,400 in the second quarter of 2024.
Plan for stacked development in Kanata gets thumbs up from planning committee
Ottawa planning committee has endorsed a plan to build 100 stacked dwelling units on a private street.
The 25th Hour: Cheap rent? Good luck!
Rent in Ottawa is unaffordable for many. Capital Current explains why prices have risen, and what can be done about it.
Ontario renters struggle as inflation soars
Capital Current breaks down the rise in rent prices.
Price is sending Ottawa couples to Gatineau for a new home, expert says
Prices of homes are affecting first-time home buyers and renters as Ottawa residents are looking to cut costs.
City council to consider approval of high-rise project despite concern it will cast shade on Experimental Farm research
The City of Ottawa’s Planning and Housing Committee has approved the proposal to build two high rise towers on Baseline Road, despite lack of direction from the federal government. Agriculture and Agri-Food Canada have raised concerns about potential shadowing over the farm.
To buy or not to buy: Young Canadians face tough choices on home ownership
Today, many factors determine a young person’s likelihood of purchasing a house in the future. They’re facing more difficulties in being able to afford a down payment, resulting in fewer young people thinking they will one day become homeowners.
The student dilemma: Pay more and live close to campus or pay less and commute
As rents continue to climb in Ottawa, many students are struggling to find a compromise between living close to school and finding a unit that's affordable. But with so many students competing for rentals, that balancing act is getting harder.
City builder: From India to Ottawa, Bill Malhotra has created one of city’s largest development companies
In a series of short profiles, Capital Current introduces some of the people working hard to improve life in Ottawa. Who is he? Bill Malhotra is the founder and CEO of one of the largest real estate developers in Ottawa, Claridge Homes, which he started in 1986. What’s his background? Malhotra was born in India, and studied civil engineering at...
City rejects multimillion-dollar tax break for airport hotel builder
City Council has rejected supporting a hotel development at the Ottawa International Airport with a tax break.