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The Cullen Commission estimated that in 2019 alone, $5.3 Billion of illicit funds was laundered through the Vancouver real estate market, which increased housing prices by 5%. [ 104 ] "The Vancouver Model" is a way for Chinese organized crime to launder revenue generated primarily by fentanyl sales through casinos .
The retired NBA legend's sprawling Highland Park estate has been on the market on and off since 2012 Reuters 8 days ago Realtors group forecasts US 30-year fixed-rate mortgage averaging 6% in 2025
A new proposal in 2010 would study only the merger of Kitchener and Waterloo, with a public referendum on whether the idea should be looked into. Kitchener residents voted 2–1 in favour of studying the merger while Waterloo residents voted 2–1 against. Waterloo city council voted against the study. [70]
The tallest currently built in Kitchener is the 130.7 m (429 ft) DTK Condos, which is the tallest building in Canada between Mississauga and Winnipeg. The majority of the high-rises in the area are in Kitchener, though Waterloo does contain a significant amount most of which are within the University District.
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
RioCan Real Estate Investment Trust is the second-largest real estate investment trust (REIT) in Canada. [2] As of 2024, it has an enterprise value of approximately $14.3 billion and owns 188 properties with a net leasable area of 33 million square feet. [3] The company properties are located across Canada.
On January 1, 1948, John Motz changed the name of the newspaper once again, to The Kitchener-Waterloo Record (to mark the occasion of Waterloo's designation as a city), a name which remained until the change to The Record, in 1994. During this period the 24-page press would be replaced first by a 48-page press in the 1950s, a 96-page press in ...
Kitchener is located in Southwestern Ontario, in the Saint Lawrence Lowlands. This geological and climatic region has wet-climate soils and deciduous forests. Situated in the Grand River Valley, the area is generally above 300 m (1,000 ft) in elevation. Kitchener is the largest city in the Grand River watershed and the Haldimand Tract.
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