{"id":16582,"date":"2023-05-05T06:58:01","date_gmt":"2023-05-05T13:58:01","guid":{"rendered":"https:\/\/essential.construction\/news\/news-roundup-for-may-5-2023\/"},"modified":"2023-05-05T06:58:01","modified_gmt":"2023-05-05T13:58:01","slug":"news-roundup-for-may-5-2023","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/news-roundup-for-may-5-2023\/","title":{"rendered":"News Roundup for May 5, 2023"},"content":{"rendered":"<p> <a href=\"https:\/\/essential.construction\/files\/membership-default-internal\/\" class=\"memberhide\"><img decoding=\"async\" src=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2023\/01\/20220718_175041000_iOS.jpg\" alt=\"-\"><\/a><br\/><br \/>\n<\/p>\n<div id=\"article_body\">\n<p>B.C. has passed a law that creates a new &#8216;rental only&#8217; zoning designation, a move that is catching the attention of Ontario politicians amid rental shortage; Ontario moving forward with audits of six major cities to measure the &#8216;potential or perceived&#8217; impacts of housing bill on municipal finances; Bank of Canada not concerned about the high costs of borrowing and their impacts on the housing market; and other news.\u00a0\u00a0<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.thestar.com\/news\/canada\/2023\/05\/02\/a-victory-for-this-rental-law-in-bc-has-ontario-politician-calling-for-same-rules.html?li_source=LI&amp;li_medium=thestar_canada\" target=\"_blank\">A victory for this rental law in B.C. has Ontario politician calling for same rules<\/a>\u00a0(Toronto Star)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.cbc.ca\/news\/canada\/toronto\/ontario-audit-finances-toronto-housing-1.6832481\" target=\"_blank\">Ontario will audit finances of 6 major cities to assess possible impact of Bill 23<\/a>\u00a0(CBC)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/globalnews.ca\/news\/9674438\/bank-of-canada-housing-interest-rates-mortgages\/\" target=\"_blank\">Bank of Canada not seeing \u2018alarm bells\u2019 in housing market despite mortgage pain<\/a>\u00a0(Global News)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.thestar.com\/local-mississauga\/news\/council\/2023\/05\/05\/peel-is-one-step-closer-to-having-a-vacant-home-tax-for-properties-in-mississauga-and-brampton-as-well-as-caledon.html\" target=\"_blank\">Peel is one step closer to having a vacant home tax for properties in Mississauga and Brampton, as well as Caledon<\/a>\u00a0(Toronto Star)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.cbc.ca\/news\/canada\/toronto\/ontario-ombudsman-report-landlord-tenant-board-1.6830181\" target=\"_blank\">Ontario&#8217;s Landlord and Tenant Board &#8216;fundamentally failing,&#8217; ombudsman finds<\/a>\u00a0(CBC)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.theglobeandmail.com\/real-estate\/toronto\/article-biddings-wars-and-high-prices-lure-home-sellers-out\/\" target=\"_blank\">Biddings wars and high prices lure home sellers out<\/a>\u00a0(Globe and Mail)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.thestar.com\/news\/canada\/2023\/05\/05\/its-been-tough-students-frustrated-by-go-transit-bus-route-changes.html\" target=\"_blank\">\u2018It\u2019s been tough\u2019: Students frustrated by GO Transit bus route changes<\/a>\u00a0(Toronto Star)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/toronto.ctvnews.ca\/canada-s-happiest-city-is-located-in-ontario-but-so-is-the-unhappiest-1.6384473\" target=\"_blank\">Canada&#8217;s happiest city is located in Ontario \u2013 but so is the unhappiest<\/a>\u00a0(CTV News)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/toronto.citynews.ca\/2023\/05\/04\/toronto-lagging-in-post-pandemic-foot-traffic-recovery-data-shows\/\" target=\"_blank\">Toronto lagging in post-pandemic foot traffic recovery, data shows<\/a>\u00a0(CityNews)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.thestar.com\/opinion\/star-columnists\/2023\/05\/03\/doesnt-anyone-in-this-town-know-how-to-build-a-railroad.html?li_source=LI&amp;li_medium=thestar_recommended_for_you\" target=\"_blank\">Doesn\u2019t anyone in this town know how to build a railroad?<\/a>\u00a0(Toronto Star)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.cbc.ca\/news\/business\/canada-jobs-april-1.6833258\" target=\"_blank\">Canada added 41,000 jobs in April, almost all part-time work<\/a>\u00a0(CBC)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.theglobeandmail.com\/business\/article-hydro-one-reports-q1-profit-down-from-year-ago-revenue-higher-2\/\" target=\"_blank\">Hydro One reports Q1 profit down from year ago, revenue higher<\/a>\u00a0(Globe and Mail)<\/p>\n<\/div>\n<p><script>\n!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;\nn.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,\ndocument,'script','\/\/connect.facebook.net\/en_US\/fbevents.js');\nfbq('init', '1760257484204295');\nfbq('track', \"PageView\");<\/script><br \/>\n<br \/><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5143531171910809\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- News - Bottom -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-5143531171910809\"\r\n     data-ad-slot=\"8320848692\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/urbantoronto.ca\/news\/2023\/05\/news-roundup-may-5-2023.52349\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>B.C. has passed a law that creates a new &#8216;rental only&#8217; zoning designation, a move that is catching the attention &#8230; <a title=\"News Roundup for May 5, 2023\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/news-roundup-for-may-5-2023\/\" aria-label=\"Read more about News Roundup for May 5, 2023\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1088],"tags":[],"class_list":["post-16582","post","type-post","status-publish","format-standard","hentry","category-urban-toronto","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/16582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=16582"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/16582\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=16582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=16582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=16582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}