Financial Management

office

Rethinking office density and cost

COVID-19 could also introduce a new workplace trend: “the liquid workplace.” Tech giant Dropbox already embraces this new model.
Women experience vast share of 2020 real estate job loss

Women bear brunt of 2020 real estate job loss

Women were jettisoned from 14,300 of the roughly 16,000 positions Ontario's real estate, rental and leasing sector shed last year.
data

How FMs can leverage data in 2021

IoT platforms that use overhead sensors, booking data, and smartphone space-reservations to pull analytics, are increasingly playing a key role in supporting the growing data-driven workplace.
FM leaders

FM leaders share career-boosting advice

FM leaders reveal the obstacles they overcame to attain their higher-level positions and how future professionals can follow suit.ƒƒ
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.
energy

Rethinking the demands of facility operations

Facility owners and managers must rethink the demands of existing operations and systems to deal with rapidly fluctuating capacity.
Grocery-anchored retail stands out positively among other retail investment properties

Grocery-anchored retail deemed a best buy

Beyond stores selling essential goods, bricks-and-mortar retail is reeling from COVID-19-triggered public health controls and watching its already gaining competition grow even faster than projected.
CERS draft legislation outlines new commercial rent relief program

CERS draft legislation awaits adoption

CERS will deliver direct rent support to qualifying tenants without the need to work though their landlords. As a direct subsidy, unlike CECRA, no loan agreement is required.
Terrace

Historic property tax disparity dismantled

As announced in the provincial budget, the Ontario government plans to equalize the business education tax (BET) rate at 0.88 per cent for 2021, equating to a $450-million tax cut province-wide.
campuses

How will campuses change because of COVID-19?

Colleges and universities are questioning how much space will be needed in the future campus, how it will be operated, and how to make our built environment more healthy, sustainable and resilient.
retrofit

Making data-driven decisions to cut energy losses

Retrofits to remedy energy losses through the building envelope are sometimes based on assumptions and uncertainty.
FM skills

Closing the FM skills gap during COVID-19

It is critical that FMs be part of a back-to-work strategy to voice their ideas, suggestions and areas for improvement that can all be applied going forward.
September CECRA coverage

Stop-gap September CECRA coverage offered

Canada Emergency Commercial Rent Assistance will be offered for a sixth month. The announcement comes eight days after the portal for new applications for the relief program appeared to be closed.
embodied carbon

An embodied carbon primer for facility managers

Facility management affects a significant component of total lifetime embodied carbon.
CECRA now closed to new applications for commercial rent relief

CECRA now closed to new applicants

With the August 31 deadline for first-time applications for Canada Emergency Commercial Rent Assistance (CECRA) now passed, the three-month program that evolved into five months of relief is closed to new recipients.
zero carbon

Blazing a trail for zero carbon in Nova Scotia

The zero carbon project marks an evolution in warehouses and, more broadly, the potential for a lower-emitting industrial sector.
Retail landlords respond to COVID-19-related issues

Retail landlords absorb and counter economic hit

Results of a wide-ranging survey show many major Canadian commercial real estate players braced for the erosion of consumer confidence, tenant solvency and their own investment returns.