Canadian rental housing providers for affordable housing: More info

Op-ed: Canada’s Housing Crisis

Op-ed originally published in BC Landlord’s THE KEY Summer 2023. Canada doesn’t have enough housing. That’s a fact that people from all walks of life, from across the political spectrum, and from all corners of Canada, can agree on. It becomes disappointingly evident to the prospective first-time home buyer who finds the growing gap between … Continued

Op-ed: As Canadian housing crisis rages on, is ‘financialization’ really to blame?

Addressing Canada’s housing crisis requires all-hands-on-deck. Step 1: stop chasing away the capital we’ll need to build 5.8 million new homes.  Read my op-ed published in Toronto Star and learn more. So, what if I told you there was a group of housing providers that manage 120,000 tenure-stable, purpose-built rental homes where more than half … Continued

BNN Bloomberg Interview with Mark Kenney – The Housing Crisis in Canada

From rents to immigration, CAPREIT President & Chief Executive Officer, Mark Kenney, discusses the critical issues surrounding affordability and the lack of housing crisis in Canada. More from Mark Kenney:   Op-ed: BC Landord – Canada’s Housing Crisis   Op-ed: As Canadian housing crisis rages on, is ‘financialization’ really to blame?   BNN … Continued

EV Charging is here

Driving Sustainable Change in Our Communities We are excited to announce CAPREIT’s latest sustainability initiative in celebration of Earth Day! As part of our commitment to environmental responsibility, have launched a pilot project for Electric Vehicle (EV) charging platforms at 26 CAPREIT properties across Canada. This initiative includes the installation of 52 EV chargers, which … Continued

CAPREIT recognized for gender parity across the organization.

Equileap’s latest report shows that only 28 companies globally have closed the gender pay gap, and just 18 have achieved gender balance at all levels. According to an Equileap study – Canadian companies have a lot of work to do on gender equality, as no Canadian companies have closed the gender pay gap. In its … Continued

CAPREIT 2022 Annual Report

Celebrating 25 Years “In 2022, we were proud to celebrate 25 years of growth and performance. Since 1997, our asset base has expanded to approximately 67,000 apartment suites, townhomes and MHC sites valued at over $17 billion. Most importantly, Unitholders have received a compounded annual return of 12% since inception, a testament to our management … Continued

CAPREIT Applauds Premier Eby’s Rental Protection Fund

A cost-effective tool for affordable long-term rental housing for vulnerable communities Ottawa, Canada, January 19, 2023 (Globe Newswire) – Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) (TSX: CAR.UN) enthusiastically welcomes British Columbia Premier David Eby’s announcement of a $500 million Rental Protection Fund. The fund will provide non-profit housing organizations with one-time capital grants … Continued