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OPAC (Ontario Property Assessment Corporation) Company type: Crown corporation: Industry: Real estate accurately assess and classify all properties in Ontario an independent, not-for-profit corporation funded by all Ontario municipalities. Founded: December 31, 1998: Founder: Government of Ontario: Headquarters: ONTARIO,
Canada is a nation heavily dependent on the real estate industry which accounted for roughly 14% of its GDP in 2020 [126] and over 20% in 2023. [127] There is a high risk that if investor sentiment changes, buyer demand may drop significantly, triggering a vicious cycle of prices declines that snowball . [ 128 ]
Established in 1997, the Real Estate Council of Ontario is a not-for-profit corporation that regulates the trade of real estate in Ontario in the public interest. On behalf of the Government of Ontario , it administers and enforces the Real Estate and Business Brokers Act , 2002 and its regulations.
The GST applies nationally. The HST includes the provincial portion of the sales tax but is administered by the Canada Revenue Agency (CRA) and is applied under the same legislation as the GST. The HST is in effect in Ontario, New Brunswick, Newfoundland and Labrador, Nova Scotia and Prince Edward Island.
The Ontario Association of Real Estate Boards (later renamed the Ontario Real Estate Association) was founded in 1922 to organize real estate activities on a province-wide basis. [citation needed] In 1930, the Ontario government brought into law the Real Estate and Business Brokers Act. The government of Ontario codified and regulated the real ...
This is a list of publicly traded and private real estate investment trusts (REITs) in Canada. Current REITs. REIT [1] ... Granite Real Estate: GRT.UN: Diversified Magna
In 2018, SMIC had gross profits of $747 million and net profits of $149, with $3.6 billion in revenues. [13] It apparently spend around $550 million on research and development, or about 16 percent of sales. [25] On 9 March 2018, SMIC and the government of Shaoxing established a joint venture, United Nova Technology. [26]
Oxford Properties ranked first in Sustainability in North America in the Diversified Retail/Office Category by GRESB survey for the fourth year in a row in 2016. [9] GRESB is an industry-driven organization committed to assessing the ESG performance of real assets globally, including real estate portfolios and infrastructure assets. [10]