For now, residential and small business customers enrolled for either time-of-use (TOU) rates or tiered pricing under the provincial regulated price plan will be charged the off-peak TOU rate of 8.5 cents per kilowatt-hour for all electricity consumption.
Resident British Columbians own about 30 per cent of the properties subject to the speculation and vacancy tax, but account for just 6.6 per cent of collected revenue.
As COVID-19 cases continue to surge across the nation, the dispute over whether evicting tenants is ethical has reached fever pitch.
As affordable rental housing continues to be a pressing need in the GTA, some housing experts believe infill development is the solution we've been looking for.
The six-month extension comes with an improved rate since the discount on pre-tax electricity consumption and transmission/distribution costs will increase to 33.2 per cent on November 1.
A recycled title adorns the Ontario government's latest initiative to be framed as red tape reduction. Bill 213, the Better for People, Smarter for Business Act, 2020, is an omnibus effort to amend more than two dozen statutes.
After scrambling to recalibrate their models in the early days of COVID-19-related shutdowns, analysts with Ontario's Independent Electricity System Operator faced more uncharted territory when the hot weather arrived.
With Ontario's Bill 204 now tabled, paralegal Paul Cappa sheds light on what the unprecedented rent freeze means for the province's smaller landlords.
Proposals address a range of issues that are likely to be of interest to listed real estate entities and their investors, as well as start-up ventures and other publicly traded service providers to the industry.
Rental housing sector responds to Ontario's announcement that it intends to freeze rents in 2021, a move that has blindsided the industry.
Residential consumption is identified as a primary concern and opportunity for the 2021-24 period, along with a continued emphasis on reducing system-wide peak demand
Many hydro accounts specifically tied to the common areas of multi-residential buildings will no longer qualify for the 31.8 per cent rebate beginning in November 2020.
Ontario’s Bill 184 has raised the ire of tenant advocacy groups over concerns it will drive renters further into debt while making evictions easier for landlords.
As Ontario prepares to reopen the economy, what will the upcoming months look like for multi-res operations? Legal expert Joe Hoffer shares important tips to help landlords manage the risks as they navigate their way into "new normal".
From Vancouver to Bobcaygeon, Ottawa to Montreal, facilities catering to seniors have been battling surging infection rates since COVID-19’s devastating path began. Even robust protocols don't seen to be enough to stop the deadly spread.
The move was announced in response to the COVID-19 outbreak, but additionally opens a window to adjust the mechanics of the assessment process itself.
As rents continue to climb in Canada’s major metropolitan areas, “creative” and “collaborative” solutions will be needed to tackle the challenges of urban growth.