Op-ed: A simple plan to help boost Canada’s affordable housing supply
Op-ed published in The Financial Post. A federal fund could allow non-profits to buy and maintain existing stock, freeing up private sector capital for reinvestment
Category: News
CAPREIT Community Newsletter | Our ESG Story
Connecting Resident Communities Across Canada Our ESG Story – Summer 2023 We are thrilled to share the latest edition of our CAPREIT resident newsletter, featuring exciting stories of our Environmental, Social, and Governance (ESG) initiatives and the vibrant summer events that continue to connect our communities across Canada. Our community residents play a … Continued
Op-ed: New housing minister cannot crack the code alone
Op-ed published in The Hill Times. Expanded immigration can work hand-in-hand with the construction industry’s goals to open the way to uild the 3.5 million additional homes we need above the current pace of construction.
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. https://www.bnnbloomberg.ca/investing/video/we-need-incentives-amid-lack-of-housing-supply-capreit-ceo~2702379 More from Mark Kenney: Op-ed: BC Landord – Canada’s Housing Crisis https://www.capreit.ca/op-ed-canadas-housing-crisis/ Op-ed: As Canadian housing crisis rages on, is ‘financialization’ really to blame?https://www.capreit.ca/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
Mark Kenney on ‘Working Capital: The Real Estate Podcast’ on Canadian REIT Market and Affordable Housing
Great conversation on the Canadian REIT Market and Affordable Housing with Mark Kenney and Jesse Fragale on the ‘Working Capital: The Real Estate Podcast’ You can find it on Spotify, Apple Music or watch on YouTube: https://youtu.be/sI91sCOXhlk https://www.youtube.com/watch?v=sI91sCOXhlk
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