COVID-19: UrbanToronto Updates from the Industry for November 13, 2020

The global COVID-19 pandemic is having far-reaching effects in Toronto, including major impacts to what have been booming real estate and building industries. Many jobs and most events are currently suspended, postponed, or affected in other ways, though UrbanToronto is still operating at full strength with our team working remotely. As a means to keep the public in the loop about the shutdowns, we’ll be sharing information and status updates from around the industry on a regular basis. 

In today’s report: City of Toronto update on COVID-19, several companies release Q3 and November figures as second wave hits, and more news from the COVID-19 front.

Covid-19, coronavirus, housing market, construction, GTA, TorontoToronto skyline, image by Forum contributor Jasonzed

Government notices and announcements: 

City of Toronto update on COVID-19

Vaughan Volunteer Recognition Awards go virtual

Canada and Ontario invest in modern public transit infrastructure for residents of Milton

Brampton hosts its first virtual conference to address economic empowerment and anti-Black racism in Canada

Private sector/other notices and announcements:

Options, choices and positive change in the wallet for PRESTO, as overdraft fees are scrapped

ULI Toronto: Barrier City: Rethinking Inclusive Environments in City Building

ULI Toronto: Toronto’s Waterfront: Towards the Next Chapter

Timbercreek Financial Announces 2020 Third Quarter Results

Altus Group Reports Third Quarter 2020 Financial Results

Brookfield Asset Management Announces Strong Third Quarter Results, Regular Dividend and the Launch of BAM Reinsurance

WPT Industrial REIT Announces Third Quarter 2020 Results

H&R REIT Announces Third Quarter 2020 Results

CT Real Estate Investment Trust Declares Distribution for the Period of November 1, 2020 to November 30, 2020

Crombie REIT Announces Third Quarter 2020 Results and COVID-19 Update

NorthWest Healthcare Properties Real Estate Investment Trust Releases Strong Third Quarter 2020 Results and Completion of $3 Billion European Joint Venture

Grounded on Some of the Most Affordable Rents in Canada, Boardwalk REIT Reports Resilient Results With Third Quarter Funds From Operations per Unit Growth of 5.7%

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REMINDER: Download the COVID Alert app today

Everyone from construction workers to brokers to real estate executives is encouraged to share tips on what work and events have stopped, what is proceeding, and how their businesses are being affected by the various shutdowns.

Skyline View from the Southeast

An aerial view of the Toronto skyline is featured in today’s Daily Photo, shot from above the Unliver lands and future site of the East…