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Tag Archives: developer

Developer to build 5K rental units, cites Liberals’ GST break as motivator

A Toronto-based real estate company says it is planning to build 5,000 new rental units in urban centres across the country as a result of the federal government’s decision to eliminate GST charges on rental developments. The CEO of Dream Unlimited Corp., Michael Cooper, says high interest rates and construction …

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Ontario municipalities feel impacts of housing law, worry over little audit progress

TORONTO — It has been more than three months since Ontario promised to make municipalities “whole” on a loss of development charge revenue due to a new provincial law, and they say they’re concerned they’ve seen little to no movement. One large city says it is already feeling the impacts …

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Developer, Indigenous groups unveil Belleville housing project – Kingston

There is exciting news in Belleville, as plans are in motion to turn a surplus federal office building into affordable housing, in partnership with three First Nations groups. There were smiling faces all around Tuesday as a formal announcement was made about plans for a “luxury apartment complex” that will …

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Wealthy Ontario developer close to winning long battle to build homes on protected Greenbelt

Almost 20 years after taking the province to court, attempting to embarrass a former premier and pushing to change local zoning rules, a prominent Ontario developer may now finally be set to cash in on his multi-million dollar gamble involving the Greenbelt. In 2003, Silvio De Gasperis of the Tacc Group of companies started …

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Ontario homebuyers stunned by extra $175K charge from developer, call for government action

Some buyers who years ago purchased builds in a housing development in Stayner, Ont., are fuming and calling for government intervention after they were told they would need to fork over $175,000 above what was agreed upon in contracts with the developer before their homes will finally be built. CBC …

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Qapita, a developer of equity management software for startups, raises $5M led by MassMutual – TechCrunch

Qapita, a developer of equity management software for startups, raises M led by MassMutual – TechCrunch

  Qapita’s co-founders. Fom left to right: Vamsee Mohan, Ravi Ravulaparthi and Lakshman Gupta Qapita, a Singapore-based fintech that provides capitalization table and employee stock ownership plans (ESOP) management software, has raised $5 million in pre-Series A funding. The round was led by MassMutual Ventures, with participation from Endiya Partners …

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