2025 housing market projections

Predicting Canada’s economic future remains challenging due to ongoing tariff disputes, reduced immigration targets, and changes in federal leadership, all of which contribute to housing market uncertainty. According to the Canada Mortgage and Housing Corporation’s (CMHC) latest Housing Market Outlook, these factors will inevitably influence rental housing demand. CMHC forecasts that in 2025, rent growth across most Canadian markets will slow as vacancy rates increase, ultimately leading to gradual improvements in rental affordability.

As per the report, “We expect lower immigration and an increase in first-time homebuyers to continue to reduce rental demand throughout 2025 – 2027. Supply will continue to expand as new rental units are completed, leading to higher vacancies and slower rent increases.”

Apartment starts

Since 2024, apartment starts in Canada have reached record levels, driven by government initiatives, a rapidly growing renter population, and strong rent growth during the planning phase. While CMHC projects this momentum to persist through 2025 and 2026, fueled by numerous upcoming multi-residential projects, analysts warn that construction activity will likely ease by 2027 as the current pipeline of purpose-built rental projects comes to a close.

Regional highlights

Vacancy rates in B.C.’s major centres rose in 2024 and are expected to remain high in the near term. That said, a significant number of rental units under construction will enter the market in the next few years, but many will be too expensive for the average tenant, potentially slowing their uptake. Lower renter population growth, driven by fewer international migrants, will reduce demand across the province, although recent immigrants are likely to continue favouring rentals over homeownership. This may pressure asking rents downward, improving affordability and increasing turnover as the gap between rents of occupied and vacant units narrows.

In Metro Vancouver, housing starts are predicted to rebound in 2025 after a sharp decline in 2024. However, limited land transactions and rising costs will hinder growth beyond 2026. Rental construction will remain a priority due to policies and developer interest, though leasing higher-priced units will become increasingly challenging, especially given rising land prices. CMHC analysts suspect this could affect development feasibility in the city of Vancouver.

In Alberta, rent growth, along with new policies and programs, are expected to support new construction; however, economic uncertainty may cause some developers to proceed with caution. Currently, Edmonton remains one of the most affordable of Canada’s largest urban centres, and CMHC expects it will continue to attract international and internal migrants, albeit at lower numbers than in 2024.

Calgary’s strong population growth in recent years is expected to slow as federal policies impact international migration. In turn, vacancy rates will rise in the city as new purpose-built housing supply outpaces the slowing demand. This shift is likely to ease rent growth pressures as landlords compete to fill new buildings. Elevated vacancy rates and slower rent growth may lead to fewer condominiums in Calgary being used as rentals.

In Ontario, primary market rent growth slowed in 2024 after two years of acceleration, owing to increased vacancy rates. CMHC expects more of the same in 2025 due to increased multi-unit housing starts and the planned reduction in the non-permanent resident population, resulting in fewer international students.

The purpose-built rental apartment vacancy rate in Toronto is expected to rise due to higher levels of condominium and purpose-built rental completions, along with weaker demand and a higher unemployment rate. Following record-low rental turnover in 2024, some GTA renters will likely transition to homeownership, further increasing vacancy rates in Canada’s largest city. CMHC says it expects below-average rent growth for two-bedroom rentals in 2025 and 2026, allowing incomes to catch up and more renters to enter the market by 2027.

In some Eastern rental markets, increased supply will cause the vacancy rate to grow slightly this year. In Ottawa, the rental segment will continue to account for a growing share of new construction, and the vacancy rate should rise slightly. In Montréal rental units will remain the most commonly built housing type. More stable construction costs, better financing conditions and government incentive programs are expected to continue driving new rental starts in 2025.

Condominium apartments

CMHC expects housing starts across Canada to slow down over the forecast period, primarily due to fewer condominium apartments being built in the coming months and years. With low investor interest and more young families looking for family-friendly homes, developers will find it harder to sell enough units to fund new projects. The increase in unsold units will likely reduce new project launches, leading to a decline in new condominium apartment construction.

That said, regional activity will vary according to the province. In Ontario, pre-construction condominium apartments, often bought by investors, will see lower demand due to weaker resale and rental markets, leading to new construction slowing down promptly as of 2025. In B.C., fewer investors and stronger resale markets will lessen this slowdown, while the impacts will be minimal in Alberta where more buyers are actual residents as opposed to investors.

For more on Canada’s housing market, visit www.cmhc-schl.gc.ca

Centurion appoints new president and CEO

Centurion announced it has appointed John McKinlay as its new president and Chief Executive Officer, effective March 31, 2025.

McKinlay brings nearly 30 years of industry experience to Centurion. Most recently, he served as Chief Executive Officer of LaSalle Investment Management Canada, managing approximately $4.2 billion in assets across a range of investment vehicles. Prior to that, John held key leadership roles at Bentall Kennedy (now Bentall GreenOak) and GE Capital Real Estate, where he developed a deep expertise in investment management, strategic planning, and asset optimization. John holds a BA from Boston University and an MBA and JD from Willamette University.

“I am honoured to fill the role of president and CEO at Centurion,” he said. “With a strong team in place, I look forward to leveraging my experience in private equity and global capital raising to drive growth and capitalize on evolving market opportunities.”

His appointment follows a period of significant expansion within Centurion’s leadership team, including the addition of Paul Chin (CIO), Ryan Buzzell (EVP, Joint Ventures and Mortgages), and Stephen Marshall (EVP, Property Operations). This growth coincided with several key internal promotions as well.

“With John taking on the day-to-day responsibilities of the CEO, I will transition to the role of Executive Chairman,” said Greg Romundt, Founder & Executive Chairman of Centurion. “The addition of John and the other strategic hires and promotions Centurion has recently completed will allow me to focus on long-term strategic vision, market positioning, investment strategy and leadership development – ensuring Centurion remains at the forefront of the industry.”

Since its founding in 2003, Centurion has experienced significant growth, now managing nearly $8 billion in assets. The firm says it attributes its success to a “world-class team that can anticipate market shifts and execute a forward-looking vision.”

North American Mayors call for end of tariffs

The Federation of Canadian Municipalities (FCM) joined the U.S. Conference of Mayors and a delegation of Mexican mayors for a tri-national trade summit of local leaders in Washington, D.C.

Representatives of cities and municipalities from the three nations are standing together to promote the value of fair trade for their communities and calling for an end to the damaging tariffs.

Through direct exchanges with their counterparts, Canadian mayors shared local experiences and data on the economic toll these measures are taking and the shared consequences of recent tariffs.

“Municipalities are the economic engines of this country, delivering the infrastructure, services, and conditions that drive Canada’s growth,” said FCM president Rebecca Bligh. “When trade agreements are undermined, it’s our residents, our workers, and our industries who pay the price. That’s why we’ve come together to speak directly with our counterparts across North America, to share the realities in our communities, and to stand together to urge an end to this economic disruption — for the sake of jobs, industries, and families in all of our countries.”

The summit comes at a pivotal time for Canada. With the federal election now underway, local leaders are calling for concrete action to build long-term economic resilience from the ground up. In the face of global volatility and economic uncertainty, municipalities are stepping up with solutions to drive growth and strengthen Canada’s future.

FCM is urging all federal parties to commit to ending interprovincial trade barriers, investing in trade-enabling infrastructure, and advancing a National Prosperity Partnership to ensure municipalities have the tools they need to deliver in areas that are critical to the strength and resilience of our economy, such as housing, infrastructure, economic development, public safety, and essential services.

B.C. funds flood damaged dikes in Merritt

The Government of B.C. is providing the City of Merritt with $60 million to relocate and rebuild two critical dikes, on both banks of the Coldwater River, that were damaged during the flooding of November 2021.

“Today marks a significant step forward in the City of Merritt’s recovery from the 2021 atmospheric river event, which was devastating for the community,” said Kelly Greene, minister of Emergency Management and Climate Readiness. “Moving and rebuilding these dikes will allow the river to flow more naturally, bringing ecosystem benefits while better protecting Merritt from future flooding. We’ll continue to support communities throughout B.C. as they recover from the 2021 event to keep people safe and better prepared.”

Intense rainfall caused the Coldwater River to overflow its banks, leading to failure of the dikes and catastrophic flooding in Merritt. Because the flooding changed the course of the river, the dikes could not be rebuilt at the existing locations and must be rebuilt at alternative sites.

“This $60-million investment is a game-changer for Merritt,” said Micheal Goetz, mayor of Merritt. “The construction of dikes 129 and 130 means our community can finally breathe a sigh of relief, knowing we are taking real steps to protect our homes, businesses, and vital infrastructure. This funding brings us closer to a safer, more resilient future — one where we can face the future with greater confidence and security.”

This funding will allow the city to reconstruct the dikes to modern standards and acquire land to build the dikes in new locations. These projects are part of the city’s flood mitigation plan to restore and protect the community after the 2021 flooding.

Other key projects in the plan, being undertaken with support of the local First Nations, include ecosystem restoration, riverbank restoration and armouring to prevent erosion. Relocating and rebuilding the two dikes will also help reduce flood risks to downstream communities and benefit the local ecosystem by preserving the natural flow of the river.

More student housing coming to NVIT’s Merritt campus

Students studying at Nicola Valley Institute of Technology (NVIT) in Merritt B.C. will soon have access to more on-campus housing and child care. As B.C.’s only public Indigenous post-secondary institution, housing geared to families is currently lacking. The project will include 12 townhouses for primarily Indigenous families, with a mix of two- and three-bedroom units to accommodate students and family members. This will bring the total number of student beds on the NVIT Merritt campus to 110.

“I know that secure and affordable housing is crucial for students who have families and want to pursue post-secondary studies,” said Anne Kang, Minister of Post-Secondary Education and Future Skills. “By creating dedicated housing for families on campus, more students will be able to fully engage in their educational journey with their loved ones there to support them. This project is part of the Province’s historic investment in student housing, with over 10,700 beds built or underway since 2017.”

Set to open by fall 2027, the housing project aligns with the Eagle’s Perch concept, emphasizing Indigenous knowledge with “culturally grounded design.” The project aims to reinforce NVIT’s commitment to creating a space where Indigenous learners can thrive, while staying connected to their families, traditions and the land.

“I’ve been a student at NVIT for two years and it’s been a truly rewarding experience,” said Keisha Munro, president, Student Society at NVIT. “With the new housing building and expanded child care services under construction, I’m really looking forward to the future for students and their families. This new facility will provide much-needed support for students facing housing difficulties, helping them focus on their studies and achieve success.”

The Province of B.C. has provided $19.6 million toward this project, which will feature an expanded child care facility and program spaces to train early childhood educators. It will also include mobile training trailers to provide Indigenous communities with hands-on training for those working in technology and health care throughout the province.

In addition, the B.C. government has provided approximately $20 million to support NVIT since 2017, including funding for a new green heating and cooling system ($4.9 million), a Centre of Excellence in Sustainability of Green Technology ($10.2 million) and two mobile training trailers ($3.9 million). The centre, which opened in fall 2018, includes a green lab, roof training area, greenhouse, culinary kitchen, classrooms, office space, gymnasium and flexible event space.

First-ever coalition is launched to drive inclusive hygiene in public restrooms

Tork, an Essity brand and the global leader in professional hygiene, has launched the Tork Coalition for Inclusive Hygiene whose mission is to explore how hygiene in public restrooms, often the busiest space in a facility, can be improved for the majority of users. Through the coalition, Tork continues its journey to understand the barriers people face in public restrooms, seeking to drive inclusive hygiene so everyone can have comfortable access to public restrooms.

The coalition is comprised of a group of experts and advocates who are passionate about finding solutions to the hygiene barriers that people face in public restrooms. The founding members include:

Dr. Steven Soifer, Co-Founder and Treasurer, American Restroom Association (ARA), and Adjunct Professor at Adelphi University.
Dan Rocker, LCSW and President, International Paruresis Association (IPA), an organization dedicated to raising awareness and providing support for individuals who experience social anxiety related to urination, commonly known as “shy bladder syndrome.”
Lee Moreau, Founder and Director of Other Tomorrows, an experience design and strategy consultancy, and Professor of Practice, Design at Northeastern University.

Together with Tork, the coalition will help raise awareness of the need to bring inclusive hygiene to public restrooms and develop resources that businesses and facilities can put into action in their restrooms. Tork has over 50 years of experience in the design and development of restroom products, recently receiving the world’s first Design for All certification for its dispenser development process.

“The Tork Coalition for Inclusive Hygiene is the beginning of a groundbreaking initiative aimed at addressing what is a pervasive public health risk impacting millions,” said Amy Bellcourt, VP of Communications for Essity.

Tork recently surveyed more than 6,000 individuals in five countries and found that 44 per cent of all respondents plan their travel routes to ensure they have access to public restrooms, 38 per cent avoid eating or drinking while they are away from home to limit their use of public restrooms; 26 per cent avoid a social event because of concerns around access to public restrooms, and 1 in 6 people have left a job because of a poor restroom. This data sheds light on the scale of the issue and its impact on businesses, their visitors, customers and employees.

“The public restroom experience is fraught with difficulty for so many people because broader awareness of the inherent challenges people face in restrooms is so low, and only known by people who regularly experience them,” said Dr. Steven Soifer. “I’m honoured to be part of the very coalition that is working to get people talking about public restrooms, and I’m excited to help educate people and provide them with the guidance they need to create more inclusive hygiene in their public restrooms.”

The Coalition for Inclusive Hygiene was born out of a Tork led roundtable discussion that took place in Washington, D.C. in the summer of 2024, where Tork – in partnership with the Global Handwashing Partnership – convened experts and leading voices representing public and private organizations to discuss the many barriers that impact how people experience public restrooms. The roundtable revealed how poor hygiene usability in public restrooms affects a surprising portion of the population and emphasized the need for greater awareness and education on the issue.

To learn more about Tork and its inclusive hygiene initiative, visit the website.

Convention centre to be ‘game-changer’ for Yukon tourism

A new convention centre in Whitehorse is set to become a major economic hub for local businesses and the tourism industry. The territorial government is investing $18.75 million into the Yukon Gathering Place, which will also host cultural and community activities, including festivals, meetings and celebrations.

Sustainability will be top of mind with energy-efficient infrastructure, locally-sourced materials where possible and innovative waste management solutions.

The project is scheduled to open in 2028 through a partnership with the Government of Canada and Chu Níikwän LP – the economic development arm of Kwanlin Dün First Nation. The facility is expected to boost local businesses and tourism across the Yukon. Increased visitor spending is expected to support jobs in hospitality, transportation, and event planning.

The venue will be twice the size of the former High Country Inn convention centre and could double the direct economic impact of convention business to $13 million per year.

“A new convention centre in Whitehorse is a game-changer for the Yukon and our tourism industry,” said Minister of Tourism and Culture John Streicker. “The new space will expand our ability to host major events, highlight Yukon cultures and attract visitors from around the world. Years of vision and partnership have made this possible, opening doors for local businesses and communities. I look forward to seeing Kwanlin Dün First Nation’s vision for this space come to life!”

Water efficiency for today’s buildings

Building owners and managers are encouraged to reduce water consumption and improve water efficiency to reduce operating costs and use water more responsibly. However, many don’t understand which factors in their facilities most impact water usage. Identifying these factors is essential for implementing effective water efficiency strategies.

Facility and maintenance managers looking to work towards ESG goals, reduce costs, or minimize their impact on the environment need to manage their water usage as part of this process. The key factors affecting commercial facility water consumption are the following:

Occupancy: The number of people using the facility directly impacts the amount of water used.
Property use: The amount of water used can be impacted by the building’s use, whether it’s an office building, school, arts center, or similar commercial facility.
Landscaping: In groundskeeping, native or natural landscaping typically requires less irrigation than non-native options. The type of irrigation system can also impact water savings.
Food service equipment: Water-using appliances and mechanicals older than seven years are likely to be more inefficient and use more water than newer models.
Restroom fixtures: Fixtures older than 10 years often use more water and are less efficient than newer models. Today’s technology, like sensors, can help better monitor and manage restroom water usage.
Aging plumbing: Pipes within the walls of a multi-story building are known as ‘risers,’ and they generally have a lifespan of about 30 years. After this period, leaks are common, resulting in water waste.

Facility owners and managers can proactively minimize water waste by being aware of these factors, “and they should go one step further by conducting a water audit,” says Klaus Reichardt, CEO and Founder of Waterless Co. Inc., marketers of no-water urinals.

Like an energy audit, a water audit identifies where water is used, wasted, or no longer necessary, helping to implement effective water efficiency strategies. Further, if changes are necessary to advance water efficiency, Reichardt suggests restrooms are the first place to start.

“Selecting highly efficient toilets, low-flow faucets, and reliable no-water urinals has become imperative to ensure state-of-the-art water efficiency in today’s buildings.”

Identifying sources of water waste can help facility and maintenance managers reach their ESG goals, limit water consumption, and better manage building costs.

New consultancy targets Atlantic Canada retail

Peter Mackenzie, former chief investment officer at Plaza Real Estate Investment Trust, has launched a new consultancy to promote retail development opportunities in Atlantic Canada. Through his new venture, MackCo, he’ll build on relationships forged through a 20+-year career in commercial real estate with the aim of matching national retailers with strong locations.

“The Atlantic Canadian market is rich with potential. With strong economic fundamentals and untapped growth opportunities, it’s the perfect time to invest here,” Mackenzie says. “MackCo is focused on delivering projects that align with retailers’ visions while creating sustainable, long-term value for all stakeholders.”

Mackenzie, who was also previously a vice president with CBRE Canada, has a track record that includes bringing Ikea to Atlantic Canada, developing grocery-anchored retail centres and representing major retailers such as Cabela’s, Giant Tiger, GoodLife Fitness, Shoppers Drug Mart and Sobeys. MackCo is based in Halifax.

Quebec unpacks revenue-generating measures

Insurance costs will increase for policyholders in Quebec when the current 9 per cent tax on premiums is levelled up to match the 9.975 per cent Quebec sales tax (QST) rate. The adjustment is part of a package of revenue-generating measures in the newly introduced 2025-26 provincial budget, which also include added fees, altered tax credit criteria and elimination of some tax deductions with low uptake.

The measures, which were identified through a recent review of the Quebec government’s tax expenditures, are projected to bolster provincial finances by nearly $3 billion by 2030. This is being characterized as an element of Quebec’s response to the sudden imposition of tariffs on Canadian products entering the United States and related economic uncertainty.

“The rigorous analysis of all the tax measures available in Quebec will enable us to improve our tax system, which will be better adapted to today’s realities and in line with Quebec’s priorities,” says Quebec’s Finance Minister, Eric Girard.

Tax on insurance premiums is scheduled to be harmonized with the QST beginning Jan. 1, 2027 and is expected to garner an extra $996 million in revenue to the end of the 2029-30 fiscal year. Quebec taxpayers will see the increase on property and automobile policies and their contributions to group insurance plans, while the current exempted insurance products, including individual life and health insurance policies and designated mandatory plans, will remain tax-free.

Quebec first introduced the tax on insurance premiums in 1985 at a rate that was in sync with the QST at that time.

“The analysis of the tax on insurance premiums showed no reason justifying why the rate should be lower than that of the QST,” the budget document states. “In other provinces where a tax on insurance premiums is in effect, the rate applicable on these premiums is identical to the provincial portion of the sales tax applicable to goods and services.”

Among other increases, retrieving records from Quebec’s land register will become 50 per cent costlier as of April 1, 2026, when the fee jumps from $1 to $1.50 per document. This is presented as a catch-up with inflation because the $1 fee has been static since 2002. The price increase is projected to raise an extra $8 to $9 million annually.

Emissions implications

The Quebec government anticipates modest outcomes from the elimination of various tax deductions, but they do have repercussions for a small number of claimants. Perhaps most notably for businesses that have targets for greenhouse gas (GHG) emissions reduction, there will be no tax benefit for providing employees with subsidized or free public transit passes or for establishing a ride-sharing service for employees who commute from outlying municipalities after Dec. 31, 2027.

Until then, businesses can continue to deduct 100 per cent of those costs from their taxable income. The provincial tax expenditure review found that only about 100 companies are claiming the deductions — first introduced in 2005 for provision of transit passes and then expanded to include ride-sharing services in 2012 — and those claimants are projected to collectively pay about $100,000 annually in additional tax beginning in 2028.

Companies with electric or plug-in hybrid vehicles in their fleets should budget for new fees beginning in 2027. Similar to Saskatchewan and Alberta, Quebec will introduce an annual levy for vehicles that do not contribute to road maintenance via the fuel tax. As well, EV drivers will no longer enjoy free access to toll bridges and provincially operated ferries after Dec. 31, 2026.

The new road-use fee will initially be set at $125 for EVs and $62.50 for plug-in hybrids then indexed to inflation in subsequent years, with all revenues channelled into the provincial land transportation network fund (LTNF). The levy is projected to raise nearly $163 million annually by 2029-2030, and is expected to counterbalance a drop in road maintenance funds collected from the fuel tax as EV adoption increases in Quebec.

“These (introductory) amounts are still lower than those paid by the majority of motorists for the specific tax on fuel,” the budget document submits. “The measure is in line with the government’s efforts to find new sources of revenue for funding land transportation infrastructure and services, and to ensure fairness among users of these services.”

Meanwhile, a tax fuel rebate on the purchase of biodiesel has been eliminated as of March 26, 2025. This appears to be so negligible to provincial finances that no estimate is provided of the additional revenue that will be unlocked.

“This measure has not achieved its objective of encouraging the use of biodiesel in Quebec and thus contributing to GHG reduction efforts, due to the small number of businesses using it and the small amounts involved,” the budget document states.

Alignment and optimization

Also on the tax front, a phased increase to the public utilities tax (PUT), beginning in 2027, will bring it more line with property tax rates by 2035. Electricity, gas and telecommunications facilities and networks are not included in municipal assessment rolls, but, instead, pay the PUT, which is calculated on the net value of assets in the utility operator’s system. Under this formula, the PUT rate increased by just 1.5 per cent between 2005 and 2021, lagging well behind average increases to property tax rates in the same period.

The phased increase will eventually nudge the PUT rate up to 1.5 per cent, which is on par with the lowest property tax rate currently levied in Quebec. The adjustment is projected to garner about $373 million in additional revenue up to the end of the 2029-30 fiscal year.

Proptech developers may be captured in some of the planned changes to Quebec’s innovation tax credits. Beginning in the 2026 tax year, this will bring eight existing tax measures for the development of IT-related businesses into a single tax credit that will be targeted to “higher value-added” activities with a focus on artificial intelligence (AI). As well, current mining tax credits will have a sharper focus on critical minerals, beginning March 26, 2025.

Together, the Quebec government projects this “optimizing” of tax credits will free up about $604 million to the end of the 2029-30 fiscal year. This is then to be combined with an additional $272 million in new financing and poured back into financial support for innovative businesses.

Although details are yet-to-be-released, the budget also confirms a $200 million top-up for the 2025-30 implementation plan for achieving Quebec’s emissions reduction target — a 37.5 per cent decrease relative to 1990 levels by 2030. That will push the budget up to $10.2 billion for the next five-year period.

Are you disinfecting effectively?

As the importance of cleaning and sanitizing remains top of mind, it is crucial that cleaners use the right products to achieve optimal results. In recent years, we’ve moved from cleaning just for appearance to making hygiene and safety a vital component of the process. Focusing on practicing cleaning, sanitizing, and disinfecting each step effectively will help ensure a safe and hygienic environment.

According to the CDC, their definitions are as follows:

Cleaning means using commercial cleaners that contain soap or detergent to decrease the number of germs on surfaces and reduce the risk of infection from surfaces in your facility. Cleaning alone removes most types of harmful germs (like viruses, bacteria, parasites, or fungi) from surfaces.

Sanitizing reduces the remaining germs on surfaces after cleaning.

Disinfecting can kill harmful germs that remain on surfaces after cleaning. By killing germs on a surface after cleaning, disinfecting can further lower the risk of spreading disease.

Disinfectants

A disinfectant is a substance or a combination of substances that irreversibly inactivates bacteria, fungi and viruses but does not always affect bacterial spores in the inanimate environment, such as on hard surfaces.

Becoming familiar with disinfectants and their specific roles is critical for effective commercial cleaning and sanitization. Here is a guide to some of the common disinfectants and their most effective methods of use:

Alcohol: Referring to two water-soluble chemical compounds (ethyl alcohol and isopropyl alcohol), alcohol is a cleaning anti-bacterial agent. In addition to their germicidal properties, alcohols are also tuberculocidal, virucidal, and bactericidal but do not destroy bacterial spores. These products evaporate quickly, and water may need to be applied repeatedly to continue to use for a longer period of time. As well, alcohol may damage surfaces like shellac, plastic, and glue, so care must be taken when using these products.

Protecting your staff, visitors and facility from pathogens means knowing what products to use for proper and effective sanitization. Choose the correct and appropriate products for your business, read ingredients and follow label instructions, and instruct cleaning staff on proper use to keep your facility clean and safe.

Chlorine and chlorine compounds: Hypochlorites, the most widely used of the chlorine disinfectants, are available as liquid (e.g., sodium hypochlorite) or solid (e.g., calcium hypochlorite). These are a good choice as they have a broad spectrum of antimicrobial activity, tend not to leave toxic residues, are unaffected by water hardness, are inexpensive, and are fast-acting. Although these disinfectants are safe for use on foodservice surfaces like communal kitchens (as long as the proper dilution ratio exists), they can be ineffective at killing germs on a dirty surface. They are also corrosive and may eat away at surfaces with continual use over time.

Phenolics: This product is phenol based, which is effective on a wide range of germs and bacteria. Many of these products can be used as a cleaner and disinfectant for a one-step process. This product must be used with the appropriate PPE, as phenolics can be hazardous to humans, potentially causing irritation of the eyes, skin, and respiratory tract. They may also cause damage to flooring, so caution must be taken when using these for floor care.

Peroxide: Peroxide-based disinfectants can be used for their germicidal, bactericidal, and virucidal properties, and are typically quicker at killing germs than other options. These could cause damage to flooring, so use carefully to avoid surface etching and a dull floor finish.

Iodophors: These are a combination of iodine and a carrier detergent, and this means that dilution is necessary for use. One advantage of this disinfectant is that it is not affected by water, so hard water will not be a deterrent in the disinfecting process. Avoid using this combination on plastic because staining may occur.

Quaternary ammonium compounds: These are commonly used in disinfecting solutions due to their high level of effectiveness in addressing germs and bacteria. As well, some of these compounds can be used as combination cleaners and disinfectants, so they can speed up the process with one-step disinfection. It is especially important to use this product as per the label or instructions, as there is a risk of binding, which means that they can be absorbed by the cloth as you are trying to apply them to a dirty surface.

Knowing the benefits and drawbacks of each type of disinfectant and using them accordingly can help you achieve better cleaning results and keep your facility and staff safer.

Building a greener future

Concrete is among the most durable building materials. Many have marveled at ancient Roman structures built from concrete that have lasted through millennia. Their durability is an inspiration to modern builders, and one might rightly ask, “Why don’t modern concrete structures last as long as these ancient ones?”

The short and simple answer is that modern concrete is different in two critical aspects: modern concrete must deliver vastly increased performance, and it must at the same time remain economical. Modern concrete elements must be thinner, narrower and span greater distances, while at the same time carrying greater loads and resisting earthquakes. These demands necessitate the inclusion of steel reinforcement and so today nearly all structural concrete is reinforced with steel rebars. Unfortunately, including steel will also introduce the potential for corrosion, cracking and deterioration.
Concrete has a natural porosity, which allows water and waterborne salts to penetrate and cause corrosion of the reinforcement. Corroding steel will expand, causing cracks and these cracks will allow even more water to penetrate – accelerating the deterioration process. If the concrete contains cracks to begin with, this process will initiate even sooner and more rapidly.

Climate change is a relatively recent and increasing threat to the durability of concrete structures. We are seeing more extreme weather systems, such as tropical storms and hurricanes in ever increasing strength and frequency. Coastal areas are often inundated with salt water. In the future, we can expect to see higher sea levels and even greater temperature extremes. Deterioration mechanisms are bound to accelerate. Modern, reinforced concrete will require greater protection than ever before.

Concrete is made from rock and sand that is “glued” together by cement. One way to make concrete stronger and more durable is to add more cement, but this presents a new problem. The manufacturing of ordinary cement releases large amounts of CO2 into the atmosphere. For every ton of cement manufactured, the process will release between 0.6 and 0.9 tons of CO2. This adds about 1.5 billion tons of carbon to the atmosphere each year – about 8 per cent of global carbon emissions. We can see that increasing the portion of cement in concrete can actually have an unintended negative effect as adding carbon contributes to more global warming and climate change.

The global community’s response to this self-inducing cycle has been drastic, calling for massive reductions in the carbon output from manufacturing cement and concrete. More efficient manufacturing has helped and employing carbon capture technologies is gaining some traction. Replacing at least a portion of the cement in concrete with alternative cementing materials is a proven strategy and has become commonplace.

Incorporating more advanced formulation technologies for concrete must also be part of the solution. Innovations in the use of specialized admixtures are increasingly transforming the construction industry, giving builders a more sustainable concrete material for building modern structures while reducing the need and cost for unexpected maintenance and repairs. Utilizing these technologies in the initial stages of construction can save owners 50-70 per cent on repair costs, according to the American Concrete Institute.

One of the most effective technologies has been permeability-reducing admixtures (PRAs), such as crystalline waterproofing admixtures. These admixtures react to form crystals that block pores and fill cracks in concrete to protect it from water penetration, even against extreme hydrostatic pressure. The first crystalline waterproofing admixture was invented in 1980 by our company but has only become widely used worldwide in the past 30 years.

Another specialized admixture pioneered by Kryton is a unique abrasion-resisting admixture called Hard-Cem. This admixture can reduce abrasive or erosive wear in concrete exposed to harsh environments and extend the service life of the concrete by double.

Over the years, concrete admixtures have gained popularity for their ability to resist corrosion, reduce carbon emissions, avoid unnecessary maintenance or repairs, and improve the performance, durability and lifespan of infrastructure. In the past, decision-makers may have prioritized short-term savings over long-term durability, but this mindset is shifting. Builders now recognize that using concrete admixtures can reduce the amount of cement needed, shorten construction timelines, and lower labour costs, making it a financially viable option for creating more sustainable, durable structures. For example, Kryton has helped its government sector clients achieve greater durability for large infrastructure such as hydroelectric dams and to address leakage issues in drinking water systems by incorporating these advanced admixtures into their concrete.

To be truly sustainable, concrete must not only minimize its environmental footprint, but also deliver long-term durability and service life. Fortunately, the challenges faced by concrete structures from the effects of climate change can be addressed through improved technologies. The construction industry can realize both environmental and economic benefits by simply using a more durable version of concrete that lasts much longer and doesn’t have to be repaired as much – reducing the demand for so much additional concrete, cement and other materials.

Kevin Yuers is Kryton International’s vice president for product development and acquisitions. His 40 years of industry experience allows him to bring real-world solutions and value to the company’s many customers and associates spread around the globe. He is the author of numerous articles and is the named inventor on patents related to the concrete industry. www.kryton.com.

Leveraging Ontario’s renovation savings program

With energy costs continuing to rise, Ontario townhome owners are searching for ways to upgrade efficiency and reduce monthly expenses. The Ontario Home Renovation Savings Program, launched earlier this year, provides an opportunity on both fronts. Unlike other programs that require a home energy assessment, certain rebates under this initiative, such as those for heat pumps, solar panels and smart thermostats, are available without this additional step, making it more accessible.

Heat pumps, smart thermostats, solar panels and battery storage

A key component of this shift toward energy efficiency is the adoption of inverter heat pumps, which provide both heating and cooling in a single system. As a highly efficient alternative to traditional gas furnaces and air conditioning, heat pumps reduce household energy consumption while maintaining indoor comfort year-round. Cold-climate air source and ground-source heat pumps are particularly well-suited for Ontario winters.

Recent advancements in heat pump technology are dispelling the myth that heat pumps aren’t suitable for extremely cold climates. Federal and local governments have taken notice and are propagating the adoption of heat pumps by offering incentives for homeowners to make the upgrade.

The Ontario Home Renovation Savings Program offers rebates that vary based on a home’s heating source: homeowners who primarily heat with electricity can receive up to $7,500 for upgrading to a cold-climate air source heat pump, while those who heat with natural gas can receive up to $2,000. By switching to an energy-efficient heat pump, townhome owners could potentially reduce their energy consumption and lower their monthly utility costs.

Beyond heating and cooling, the program covers modern energy efficiency solutions, including solar panels and battery storage. When solar panels are paired with battery storage, excess solar energy can be stored for later use, ensuring a reliable power supply even during outages or peak demand periods.

Ontario’s rebate program provides financial incentives for homeowners who install solar and storage solutions, with rebates calculated at $1,000 per kilowatt (kW) of installed solar capacity, up to a maximum of $5,000. Battery storage systems qualify for a rebate of $300 per kilowatt-hour (kWh) of storage capacity, also capped at $5,000, but only when installed in combination with a new solar panel system. Standalone battery installations are not eligible for rebates under this program.

Smart thermostats also play a crucial role in enhancing home efficiency by complementing heat pumps. Owners can receive a $75 rebate on the purchase of a qualifying smart thermostat, which optimizes energy use. These devices enable automated temperature adjustments and remote access, allowing users to tailor heating and cooling schedules to their needs.

By integrating features such as real-time energy tracking and compatibility with home automation platforms, smart thermostats ensure that heating and cooling systems operate at peak efficiency.

Owner eligibility and verifying contractor credentials

The Ontario Home Renovation Savings Program is particularly advantageous for townhomes owners. Many of those built in the surge of multi-family housing structures following the Great Recession are due for an HVAC upgrade, making the timing of this rebate program ideal.

To qualify for a heat pump rebate, homeowners must meet specific eligibility criteria, including being an Enbridge Gas customer who primarily heats their home with natural gas or is connected to the Ontario electricity grid and uses electric heating. Additionally, the property must be a single detached, semi-detached, row house, townhouse or mobile home on a permanent foundation. New-build homes, condos, and multi-unit residential buildings do not qualify, and the rebate is applicable only to first-time heat pump installations.

While the financial incentives are compelling, successfully implementing an energy-efficient heat pump system requires careful planning and expertise. Townhome owners should work with certified and experienced contractors to ensure compliance with program requirements and optimal system performance.

Contractors must be registered with the Home Renovation Savings Program to facilitate rebate eligibility for their customers, and owners should verify their contractor’s credentials before proceeding with installation – particularly for older homes with outdated HVAC infrastructure. Also, be sure that the heat pump you select adheres to Natural Resources Canada product lists and guidelines.

Although the Canada Greener Homes Grant has ended, the Ontario Home Renovation Savings Program ensures that residents still have access to energy efficiency incentives. Both programs align with Canada’s broader sustainability objectives by promoting the adoption of energy-efficient technologies, such as insulation, heat pumps, and solar panels. As energy costs continue to rise, these programs provide a practical and cost-effective pathway toward a more sustainable future.

David Rames is the senior product manager for Midea, a global innovator in HVAC solutions. He is responsible for strategy and growth in the unitary system product category. This includes serving as the primary consultant to advise specific products, SKUs and offerings within the North American ducted and ductless HVAC markets. The company manufactures overseas, with distribution across the world, including Canada.

Canadians express confidence over mortgage payments: poll

A new CIBC poll finds that amidst the volatility in inflation and higher costs of living, mortgage holders are taking proactive measures to mitigate financial strain, with the majority feeling confident in their ability to handle their mortgage payments and make budgets work.

Sixty-four per cent of variable rate mortgage holders remain unaffected, reporting little to no impact on their standard of living, as do 59 per cent of those expecting higher renewal rates.

The findings are from a sample of 1,500 Canadians aged 18-plus. They were interviewed online through an Ipsos poll ,conducted between January 20 and 28, 2025, on behalf of CIBC.

“As mortgage rates are declining, it’s encouraging to see that despite continued financial pressures, the majority of homeowners remain confident in their ability to manage their living expenses,” said Daniel Rethazy, Senior Vice-President, Personal Lending, CIBC.

Six in 10 homeowners renewing their mortgage in the next two years anticipate higher interest rates, with the average expected increase between 1 and 2 per cent. Mortgage holders have a number of key concerns including inflation and living costs (94 per cent), broader economic conditions (89 per cent), interest rates (85 per cent) and potential US tariffs (80 per cent), with concerns about election outcomes in Canada not far behind at 70 per cent.

More than half of renewers expecting a higher rate are opting for more affordable shopping options and reducing discretionary spending such as travel and entertainment. Many are also shopping for better mortgage rates (42 per cent), seeking additional income sources (24 per cent), and making lump sum payments towards their mortgages (19 per cent).

Loan as an Option to Special Assessment: Dealing with Financial Anxieties in Uncertain Times

Financial stress is a hot topic in Canada. Between political/economic uncertainties, the potential impact on construction materials with the imposition of tariffs, and supply chain monopolies, our current environment can be tricky to navigate both logistically and emotionally.

Canadian businesses and their consumers are facing difficult hardships, as we’re reminded of this in the media. Specifically for condos, regional news sources spotlight the increasing amount of compounded stress that corporations and their unit owners must cope with due to special assessments for necessary repairs and replacements to common property elements. In a recent article published by the CBC, one condo owner from London, Ontario saw, in less than a year’s time, his condo fees climb 36%, along with a $5,000 special assessment. That is not an easy situation for most, and, unfortunately, this owner is not alone. Research indicates that 48% of Canadians have reported losing sleep due to financial stress.

As well, a growing number of new reserve fund studies have determined that corporations don’t have sufficient funds to cover necessary updates/replacements. Causes for this include significant increases in construction costs, increased labour wages, and earlier than forecasted major common element component replacement requirements. Balancing fiduciary duties, keeping common element fees competitive in the marketplace for real estate investment value and resale purposes, and maintaining owner harmony are ongoing challenges many condo boards face.

One important fact owners need to remember is that the board members are typically owners of the corporation and are also confronted with necessary funding increases. The board has an obligation to do their due diligence and they should rely on professional advice (i.e. auditors, engineers, lawyers, condominium managers) in any forecasting or project deferral recommendations. Full transparency and having an open dialogue with the owners will provide reassurances that the board of directors has completed a full review and assessment of the situation before any decisions are reached.

The reality is more boards have to deal with a very challenging financial environment in properly managing their condominium and community. They are looking for alternative solutions to the dilemma. A corporate loan should be considered as a potential strategic option to special assessment.

While it isn’t an easy topic for a condo board to evaluate and navigate, knowing how to present a loan option and manage community responses can help ease anxieties for both the board and community members.

WHY & WHEN A CONDO CORP LOAN SHOULD BE CONSIDERED

Without available savings to cover the special assessment, many owners will have to brave the financial burden of borrowing personally. On an emotional level, the process of obtaining new personal debt can be jarring, time consuming and anxiety-inducing. No condo board wants to heighten the financial stress of their community members, but sometimes there is no choice if they are to satisfy their responsibility to maintain the common elements. It is important to remember there is more than one path they can take.

As an alternative to forcing owners to pay a lump sum special assessment and securing the means to pay for it, certain specialty lenders in Canada will provide a loan to the corporation as an option. This allows the owners to pay for the cost of the project(s) over time through increases to their monthly condo fees. This offering can reduce stress in the following ways:

The loan leverages the borrowing capacity of the corporation to obtain a favourable rate and provide an affordable solution to all owners.
The loan is with the corporation, so no lien or registration is placed on any individual unit.
The loan option is an affordable way to pay for projects now to avoid costs associated with deferral or phased major projects.
The cost of the replacement/improvement is paid for over time and is shared by current and new owners.
The loan can be included in the reserve fund study to potentially ease the necessary increase in monthly condo fees.

LOAN IS LOOKING LIKE THE RIGHT MOVE: NOW WHAT?

Once a loan option may be the right solution for the community, these important steps should be taken to minimize the stress for the board and the owners.

1. Education: Early in the process of considering a loan as an option to special assessment, project deferral or project phasing, boards should fully understand the lending process in preparation for communication to the owners. Preparation should include:

Arranging presentations from at least 2 lenders experienced in condo lending and the corporation’s reserve fund study engineer. Be sure to ask questions about term, amortization, rate, process, borrowing by-laws, etc.
Request your preferred lender to provide a term sheet and other educational resources.

2. Communication: The board should communicate to the owners early and frequently in the process to lessen the uncertainty. The community should be provided with the following:

Reasoning for the board’s decision to look at the loan option, • Information on the loan option and the benefits to the owners,
Confirmation that the board has assessed different lenders in selecting a partner to work with,
Estimated financial impact for each owner,
Town Hall meeting(s) for the lender to present and address all questions from the unit owners, and
Consistent updates on the loan review process.

The owners should be provided with as much information as possible to fully understand the loan option and know the board has done their due diligence in evaluating multiple loan offers. This shows that the board has weighed their options to find the best possible solution to this challenging financial situation.

This will also effectively prepare owners, board members, and property managers for the important borrowing by-law voting process, which authorizes the board to borrow on behalf of the corporation. When communication with the owners has been thorough, clear and frequent, owners will be more comfortable with the process and more confident in their voting decision.

Having to deal with a reserve fund shortfall is very difficult for the board, property managers and unit owners. The board has a duty to maintain the common elements and get necessary projects done. A good understanding of the loan option by all parties, paired with strong communications for the owners, will alleviate some of the stress when shortfalls in reserve funds arise.

By Pierre Sauvé, Director of Originations, Condo at CWB Maxium Financial, and Shane Haskell, OLCM, RCM, LCCI, CEO & President at Lionheart Property Management.
For more information, contact [email protected] and [email protected].
CWB Maxium Financial provides financing options to condo or strata Boards faced with
reserve fund shortfalls. Industry-leading professionals in condo financing allow CWB Maxium Financial to provide your corporation with prompt, reliable and creative solutions.
Visit www.cwbmaxium.com to learn more about how our financial experts can support you and your business.

The Builders’ Bench Podcast launches

With the federal election officially underway, a new podcast is hitting the airwaves to ensure Canada’s construction industry has a seat at the political table. The Builders’ Bench, in partnership with the Canadian Construction Association (CCA) and the BC Construction Association (BCCA) and hosted by VRCA’s director of advocacy, Craig Larkins, launched its first episode this week to break down the key issues, policies, and promises to shape the future of construction.

“Our construction community is deeply engaged with the evolving political landscape. From shifting tariffs and fluctuating government infrastructure investments to the future of trades training, immigration reductions, and the escalating housing crisis, these pressing issues shape our industry. The Builders’ Bench brings together knowledgeable construction voices for candid discussions on these challenges and more,” said Jeannine Martin, president of the VRCA.

Episode 1 dives into the pressing questions industry leaders and workers should ask politicians when they come knocking for votes. The industry’s political influence is undeniable, with 1.6 million Canadians employed in construction. The Builders’ Bench is here to amplify it.

Joining Larkins on the inaugural episode are: Rod Gilbert – president, Canadian Construction Association; Louis-Philippe Champagne – associate VP, Public Affairs & Industry Practices, CCA; and Sajjid Lakhani – director, Government Relations & Strategy, Impact Public Affairs.

Key Discussion Points:

The Top Five – The biggest election priorities for Canada’s construction industry.
This Just In – Breaking down early campaign promises, including Pierre Poilievre’s “More Boots, Less Suits” trades training plan.
The Digital Door Knock – The critical questions industry professionals should be asking candidates.
Who to Watch – The star candidates and battleground ridings that could shape federal construction policy.

“The construction sector is a major economic driver and a key player in this election,” said Larkins. “This podcast is about making sure our industry stays informed, engaged, and ready to influence the national conversation.”

ISSA announces this year’s winners of the Spotless Spaces Competition

ISSA, the worldwide cleaning industry association, is proud to announce the winners of its first-ever Spotless Spaces Competition, sponsored by Tork, an Essity Brand. This exclusive ISSA-member benefit spotlights outstanding cleaning environments worldwide, celebrating the critical work of cleaning professionals in maintaining safe, healthy, and pristine facilities.

“The Spotless Spaces Competition exemplifies our industry’s unwavering commitment to excellence and innovation,” said ISSA Executive Director John Barrett. “These winners set the gold standard for cleanliness and hygiene, creating spaces where health, safety, and well-being thrive. Their achievements serve as benchmarks for the entire industry.”

The competition recognizes excellence in three categories:

Tork Think Ahead Facility Excellence Award Winner: The in-house cleaning team for Gathering Place Public Park in Tulsa, OK.
U.S. Spotless Space of the Year Winner: The in-house cleaning team at the Washington Metropolitan Area Transit Authority for the Archives and Virginia Square Metro Stations in Washington, D.C. and Virginia.
International Spotless Space of the Year Winner: Hygiene & Sanitization Services – Fiji LTD, the building service contractor for Labasa Hospital, Nadi Hospital, and CWM Hospital in Fiji.

The Tork Think Ahead Facility Excellence Award, sponsored by Tork, honours a facility that demonstrates a best-in-class approach to sustainable hygiene management. The U.S. and International Spotless Space of the Year winners were selected through an extensive voting process that engaged both industry professionals and the general public.

“We are thrilled to recognize Gathering Place Public Park as the recipient of the Tork Think Ahead Facility Excellence Award,” said Matthew Urmanski, Vice President of Sales & Marketing North America at Essity. “Gathering Place Public Park embodies the highest standards in sustainable hygiene management, implementing innovative solutions that enhance business outcomes. Their forward-thinking approach underscores the critical role of smart hygiene practices in creating cleaner, safer, more sustainable, and accessible spaces.”

The Spotless Spaces Competition is a key highlight of International Cleaning Week 2025, held from March 23-29. This global event underscores the cleaning industry’s vital role in protecting public health and driving economic impact.

For more information about the Spotless Spaces Competition and its winners, click here.

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