Provincial

Quebec budget boosts climate action spending

Quebec budget boosts climate action spending

The budget also includes $232.5 million over five years to help universities and colleges rent additional space and $43 million to underwrite an extra 1,600 subsidized units in private rental housing.
subpar waste diversion results trail Ontario target

Subpar waste diversion trails Ontario target

About 85 per cent of waste from Ontario's businesses, public institutions, residential buildings with six or more units and construction/demolition sites ends up in landfill, including a vast amount of recyclable material.
Ontario's overdue property reassessment has been postponed for a third time

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.
housing instability

Development-led evictions add to housing woes

New CMHC data explores the prevelance and implications of development-led evictions and other trends impacting Toronto's rental housing landscape.
Property tax premiums loom for non-resident purchasers and owners of Nova Scotia residential properties

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.
vaccination policies

Building well-rounded vaccination policies

A smart risk management strategy includes two distinct vaccination policies to seperately address employees and tenant use of non-essential amenities.
Ombudsman

Amendments to the Residential Tenancies Act

Updates to the Residential Tenancies Act (RTA) are coming September 1, 2021, and Ontario landlords are advised to take note.
New flat rates for Ontario elevators licenses

New fee model for Ontario elevator licenses

The flat license rate will penalize mid-rise and high-rise owners with extra costs if an elevator passes the periodic inspection and does not require a follow-up. It will be a bargain if just one follow-up inspection is required.
aging residential towers

Investing in Canada’s aging residential towers

Aging residential towers are in dire need of investment, something the pandemic has underscored given the scores of frontline workers who’ve been disproportionately affected.
Ontario endorses competitive mechanisms to trim the price-point of energy efficiency spending

Ontario to stretch energy efficiency spending

A new slate of conservation and demand management (CDM) programs allocates $456 million for commercial, institutional and industrial consumers over the four-year period from 2021-24.
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.
foreign buyers

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.
Residential Tenancy Act

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.
multi-unit housing starts

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.
licence

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.