In places like Vaughan, no one has ever built rental apartments. Now, there’s some 85,000 purpose-built rentals planned or under construction across the GTA, which hasn’t been seen in years.

Since 1990, Ontario has seen 1,075,779 units built for homeownership and 410, 562 condo units, yet only 143, 091 purpose built rental units– meaning rentals have constituted less than 9 per cent ...

Average rent growth for two-bedroom purpose-built units surveyed in both 2022 and 2023 reached 8 per cent in 2023, well above historical averages. “Again in 2023, strong rental demand continued to ...

To meet this rapidly growing demand, BILD and FRPO are urging all levels of government to implement policies that will stimulate the development of purpose-built rental (PBR) housing. “We are seeing a ...

Global Purpose-Built Backup Appliance (PBBA) Market to Reach $9. 3 Billion by 2027. Amid the COVID-19 crisis, the global market for Purpose-Built Backup Appliance (PBBA) estimated at US$5. 1 ...

It looks fully prepared for a life of flat track action, with all the retro charm you could want from a TR6-based build. We reckon it’d be even cooler with mud splattered all over it, though.

This trend towards purpose-built vehicles may have a significant impact on how we spec, buy, sell and dispose of trucks. Rick Mihelic is NACFE’s Director of Emerging Technologies.