Pension funds flock to apartment buildings

Rental rush: pension funds flock to apartment buildings After the financial crisis battered the U.S. economy in 2008 and 2009, the real estate investing team at Quebec’s public-sector pension manager noticed an interesting trend in its portfolio of holdings. The Caisse de dépôt et placement du Québec owned a group of apartment buildings in New […]

CRA going after condo flippers with court orders….

A Federal Court judge has approved at least one court order that will require a British Columbia developer to turn over information to tax officials about people who bought and flipped condo units before or during construction. And several similar applications are under way, reflecting the federal government’s efforts to crack down on potential tax […]