Financial Management
Sustainable finance products forge way to 2050
Sustainable finance products, are expected to increasingly come into play as building owners/managers pursue decarbonization and look to bolster the climate resiliency of their properties.
REITs unexpectedly tapped for new tax measure
Advocates for the Canadian commercial real estate industry are asking the federal finance department to clarify why real estate investment trusts have been included in a pending new tax measure.
Multifamily remains favoured investment asset
Industry analysts cite Canada’s demographic trends and seemingly chronic housing supply-demand imbalance as fundamentals that should drive robust returns on new purpose-built rental projects.
B.C. Budget 2023 takes action on housing issues
B.C. Budget 2023 promises to invest in new purpose-built rental housing with measures intended to stimulate construction and provide support for renters in need.
The path to “Better and More” housing
REALPAC has launched a new campaign highlighting the essential role Canada's rental housing market plays in filling housing need.
Working together for affordable housing
On a mission to provide clarity and solutions to Canada's affordable housing crisis, five large residential REITs launched ForAffordable.ca.
Tax incentives key to driving housing innovation
As commercial finance conditions tighten, government tax incentives like SR&ED are becoming more important to the multifamily construction sector.
Push to curb inflation has CRE ramifications
Transaction volume had been surpassing pre-pandemic levels until the steepest and most rapid rise in interest rates thus far this century undermined that momentum.
From office to residential
Office-to-residential building conversions have been gaining momentum in some Canadian cities, but how viable are they as a long-term housing solution?
Housing supply-demand imbalance set to persist
Recent CMHC analysis concludes that approximately 3.5 million additional dwelling units are needed to meet demand and pull prices back into closer alignment with purchasers’ and tenants’ incomes.
One-time renter payment coming to Canada
Inside the federal government's plan to provide a one-time renter payment of $500 to low-income Canadians struggling to pay their rent.
Electricity price embedding cycle begins anew
Ontario’s large commercial customers will have somewhat more straightforward parameters for carving out their share of the global adjustment as they prepare for expected summer peak demand.
Business case assumptions evolve alongside ESG
Investors and lenders are expected to increasingly focus on the physical and transitional risks of climate change, in turn upending some conventional views of costs and value.
What’s your risk management story?
Owners of multi-residential properties will need to demonstrate best-in-class risk management and maintenance to secure even baseline coverage in 2022.
Overdue property reassessment raises alarm
Ontario’s overdue property reassessment is on hold until at least 2024, leaving many commercial ratepayers with a further wait to realize tax reductions from pandemic-related value erosion.
Thriving in a time of crisis
Calgary-based Avenue Living not only survived the onerous conditions of COVID-19, but emerged all the stronger for them. The reason? A sound investment strategy that favours Class B and C assets catering to what it calls “Canada’s stable and tenacious” workforce.
Property tax premiums loom in Nova Scotia
Nova Scotia’s new provincial government is signalling looming surcharges for residential property purchasers and owners who pay their income tax in other jurisdictions.