Provincial

More electricity price adjustments for Ontario

More electricity price adjustments for Ontario

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.
Vacant dwellings generated $88.2 million in speculation and vacancy tax in B.C. in 2019

Vacant dwellings yield revenue gains for B.C.

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.
evicting tenants

Evicting tenants during a pandemic

As COVID-19 cases continue to surge across the nation, the dispute over whether evicting tenants is ethical has reached fever pitch.
infill development

A closer look at infill development

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.
hydro cost hit postponed with extended eligibility for Ontario Electricity Rebate

Rebate extension postpones hydro cost hit

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.
Regulatory adjustments framed as red tape reduction in Ontario

Ontario unveils more regulatory adjustments

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.
summer peak demand unexpected in electricity system models

COVID-19 confounds electricity system models

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.
prompt payment bill 37

Ontario tables 2021 rent freeze legislation

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.
Ontario capital markets set for modernization effort

Ontario capital markets set for rule revamp

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.
freeze rents

Ontario announces plan to freeze rents

Rental housing sector responds to Ontario's announcement that it intends to freeze rents in 2021, a move that has blindsided the industry.
Ontario consults on next conservation framework, due to begin in January 2021

Ontario consults on next conservation framework

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 for common areas in large multi-residential buildings will no longer qualify for the Ontario Electricity Rebate as of November 2020

Ontario Electricity Rebate applied unevenly

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.
Bill 184

The pros and cons of Bill 184

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.
COVID-19 outbreaks

The keys to reopening multi-res operations

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".
senior housing during COVID-19

Senior housing in the age of COVID-19

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.
Postponed reassessment delays Ontario's next property tax cycle

Ontario to delay next property tax cycle

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.
urban growth

Tackling the challenges of urban growth

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.