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: New measures come into effect for apartments and condominiums and food and drink establishments to help stop the spread, Vaughan to keep most City facilities closed until January, 2021, and more news from the COVID-19 front.
Government notices and announcements:
Vaughan to keep most City facilities closed until January 2021: Mayor Bevilacqua
Statements from Markham Mayor Frank Scarpitti in response to COVID-19
Private sector/other notices and announcements:
TRREB Releases July Resale Housing Report
American Hotel Income Properties REIT LP Reports Second Quarter 2020 Results
Bombardier Reports Second Quarter 2020 Financial Results, Progress on Near-Term Priorities
Colliers International Reports Second Quarter Results
Brookfield Property Partners Reports Second Quarter 2020 Results
Everyone from construction workers to brokers to real estate executives are 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.