Industry News
Duty to consult merged into pipeline fast track
The Ontario government is considering how to integrate its duty to consult with Indigenous peoples into regulations to fast-track approvals of specified natural gas pipelines.
Toronto adopts renewed climate actions
The city adopted a new series of actions to reduce greenhouse gas emissions as it released its first Annual TransformTO Net Zero Progress and Accountability Report.
Data management capabilities get tax perk
The 2024 federal budget introduces temporary accelerated depreciation of specified "innovation-enabling and productivity-enhancing" assets and new purpose-built rental housing.
LEED v5 embraces three underpinning fundamentals
Decarbonization, quality of life and ecological conservation and restoration are the underpinning fundamentals of LEED version 5, which has just been released for a first round of public input.
National office vacancy rate nudges up in Q1
Vancouver and Winnipeg led positive absorption while Toronto and Montreal posted the largest losses, as the national office vacancy rate nudged up to 18.4 per cent during the winter of 2024
Manitoba restores tax credit, hints new incentive
The 2024 Manitoba budget restores the rental housing construction tax credit and hints at a "time-limited" incentive for commercial-to-residential conversions.
Manitoba security system purchasers to get rebate
The Manitoba government is delivering on an election campaign promise to provide a $300 rebate on the purchase of a business or home security system.
Potential property tax relief looks uneven
A potential incentive for new purpose-built rental housing in Ontario comes with adverse implications for existing multifamily properties, thanks to the mathematics of property tax allocation.
Constraints on cannabis retailers could loosen
A proposed tweak to the rules governing store configurations could make Ontario’s enclosed shopping malls more welcoming for cannabis retailers.
Cleantech start-ups tapped for Sask tax credit
Saskatchewan-based deantech start-ups are newly included in a provincial incentive program that will convey up to $225,000 in non-refundable tax credits per annual investment to their investors.
All grocery retail segments gaining in Canada
Canada outpaced the U.S. in adding per capita grocery retail space last year, with new stores mostly in the discount segment of major players' multi-brand portfolios
Toronto eyes enforcement clout for EV spaces
Toronto’s commercial and multifamily landlords could be getting some enforcement clout beyond the honour system to discourage misuse of electric vehicle charging spaces in their parking garages.
Vancouver hub to help energy building reporting
Energize Vancouver is a new resource hub that will support Vancouver’s large existing building owners to track and improve energy performance and reduce building emissions.
Tax credit overhaul redirects Quebec revenue
The Quebec government has cancelled a tax credit for employers in small and medium-sized businesses who have workers aged 60+ years on their payrolls, and cut back on relief measures for the IT sector.
Delivery agents sought for green jobs training
Expertise in green buildings and retrofits is targeted, as the Canadian government seeks delivery agents to design programs and train workers for jobs linked to reducing greenhouse gas emissions.
Toronto opens resource for energy and water reporting
A link has opened for building owners to report their energy and water usage before the July 2, 2024 deadline.
Women welcomed on boards, less so in C-suites
New analysis from Morningstar DBRS charts the changing gender split of senior leadership at 11 TSX-listed real estate entities between 2010 and 2022.