Canada

Modular Classrooms Fill the Bill in Canada

When classes resume this week in Canada, the winnipegfreepress reports 9,000 school children will be taught in 361 modular classrooms stretching across 32 school divisions. Each unit costs about $130,000, not counting site preparation. Education Minister Nancy Allan says, “These modular classrooms are built incorporating the most current heating, ventilating …

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Killam Declares Dividend

Killam Industries, Inc. of Halifax, Nova Scotia, Canada announces it will pay stockholders of record as of Aug. 30, 2013 a dividend of $0.0483 per share on Monday, Sept 16, 2013. Two equities research analysts have conferred a rating of hold on the stock, five have assigned it a buy …

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Modular Builder Declares Dividend

Canada’s Black Diamond Group Limited has declared a dividend of $0.07 cents a common share payable Sept. 16, 2013 to shareholders of record as of Aug. 30, 2013. Through its subsidiaries the company rents and sells modular workforce housing and buildings to projects in remote areas, and provides supportive services …

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Manufactured Homes on Block if Taxes not Paid

In an attempt to recover taxes on manufactured homes that have not been paid in three years, the municipality of Parkland County in central Alberta, Canada holds an auction on the properties. The jurisdiction makes every attempt to notify the owners of the levy, but people sometimes are not aware …

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Modular Housing Sprouting in Vancouver

While two different projects are underway in Vancouver, British Columbia, Canada utilizing shipping containers to make modular housing, Frank Lo of MC Quarters Corp. wants to build more affordable housing in the city using the containers. His company builds modular workforce housing for logging and mining camps as well as …

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Killam Reports Financials for Second Quarter 2013

Killam Properties, Inc., headquartered in Halifax, Nova Scotia, Canada reports for the second quarter 2013 property income rose 2.5 percent from $33,679,000 to $34,506,000 as compared to Q2 2012, yielding a net rental income loss of -0.5% year-over-year–$20,331,000 in 2012 versus $20,225,000 in the same period of 2013. Net income …

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Katrina Cottages may be Heading North

The flooding that ravaged Calgary, Alberta, Canada in late June and early July, 2013 has resulted in a housing shortage that one Alderman is seeking to fill using Katrina Cottages. While relatively inexpensive at $115 a foot, the units are also small and easy to assemble. Alderman Druh Farrell would …

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Factory-built Housing Rises North

Sales of factory-built housing are increasing in Manitoba, Canada as first-time buyers and those reaching retirement seek affordable housing. The Modular Housing Association reports annual sales of modulars nearly doubled from 260 units in 2007 to 492 homes in 2012 for the entire province. Sales of manufactured housing through the …

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Council Calls for more Manufactured Housing Communities

City councilors in Campbell River, British Columbia, Canada are encouraging the creation of manufactured housing communities and have set up a study to identify properties that might be developed as a viable and affordable housing option. Prompted by petitioners who are being forced out of communities where owners are seeking …

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Modular Community will be Resident-owned

Estevan, Saskatchewan, Canadaian developer Kurtis Dmuchowski has received an initial green light to proceed with a modular housing subdivision in which the residents will own the land and the homes, and will have input to a board of directors that makes decisions about the community’s operation. The 56.62 acre site …

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Old RCMP Post may become Affordable Modular Housing

The District of Summerland in British Columbia, Canada is looking to replace an old Royal Canadian Mounted Police (RCMP) post, possibly with affordable modular housing. Summerland Mayor Janice does not like the idea of high-rise apartments, but is open to ideas from developers for the two acres, especially for dense …

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Unusual Modular Design Influenced Numerous Housing Projects

Israeli-Canadian architect Moshe Safdie at age 23 designed a modular housing project for the Montreal World Exposition of 1967 comprised of 354 identical concrete modules that became 158 apartments, stacked in a variety of combinations and connected by steel cables. The 38 by 17 foot units, weighing 90 tons each, …

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Killam of Canada Declares Dividend

Canada’s Killam Properties, Inc. (TSE:KMP) report investors of record on July 31 will be paid a dividend of $0.0483 per share on Aug. 15, 2013. Three research analysts have rated the stock with a hold rating and four have rated it buy. While shares opened at $13.90 today, July 19, …

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Killam to Release Q2 Financials

Killam Properties Inc. (TSX: KMP) will release its financial results for the second quarter ending June 30, 2013 on Wednesday, August 7, 2013, after the close of the market. A conference call to discuss the financials will be held on Thursday, August 8, 2013, at 12:00 PM EST. In Toronto …

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New Company Operates Senior Manufactured Home Communities

Carefree Communities, Inc., a new company created by Centerbridge Capital Partners II, LP, has acquired National RV Communities, which owns and operates 61 senior manufactured home (MH) and recreational vehicle (RV) communities, mostly in Fla. but also in six other states and Canada. Carefree is a private REIT (real estate …

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Champion Champions Detroit

Champion Homebuilders of Troy, Mich. has been selected to provide 36 modular homes as part of phase two of Detroit’s Penrose neighborhood rebuild. The initial 36 homes in the effort, orchestrated by developer Star Development Corp. of Ann Arbor, Mich., were also Champion products, as is Penrose Art Center, an …

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Manufactured and Modular Home Sales Rise in the North

Growing faster than any other segment of the housing industry, the Building Systems Council in Nova Scotia, Canada says manufactured and modular home sales comprise 7-8 percent of the total housing market, having increased in sales by 50 percent the last 15 years. Trevor McKay of the North Grant Park …

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Modular Designer begins in U. S., Flourishes in Canada

Hive Modular of Minneapolis suffered mightily during the recession, but the company has been growing in Canada, enough to have three locations: Altona in Manitoba, Toronto, and one will be set to the east in Quebec. Hive started as a “night job” in 2005 by Paul Stankey and two friends, …

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Modular Homes to House Displaced Canadians

Flood waters that displaced up to 900 people in Calgary, Alberta, Canada caused over $250 million in damages and led to the issuance of a state of emergency by Mayor Naheed Nanshi. According to Bruce Burrell, head of the Calgary Emergency Management Agency, “We’re in conversation with the province about …

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Modular Units Transform into Hotel in Japan

Factory-built homes in Japan are a rarity, in part because Japanese roads are narrower and strict regulations govern size of cargo that can be moved on them. One man in Ibaraki Prefecture has a part-time operation importing very basic modular homes from Canada. Though very plain looking, they were built …

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