Financial Management
Campus high-rise brings health to new heights
Dingy is a word that conjures thoughts of old institutional spaces. Academic buildings with dimly-lit hallways and windowless classrooms punctured with fluorescent glare. Rarely are
CERS uptake falls short of potential
Removing landlords from the application process hasn’t necessarily made the Canada Emergency Rent Subsidy (CERS) more accessible for commercial tenants experiencing pandemic-related financial stress.
Investing in the workplace growing more pivotal
Carefully crafting an inclusive workplace response, requiring integration of people programs, implementing technology tools and systems, all accelerate business outcomes.
Ottawa hockey facility a zero carbon first
How AMPED Sports Lab and Ice Complex in Ottawa, Ontario, became the first Zero Carbon Building Performance Standard certified arena.
Light industrial set for heavy property tax hit
Economic fallout from COVID-19 is shifting more of the tax burden to this flourishing group of assets via the mill rate, while also driving up the tax rate, for a double-whammy of consequences in jurisdictions that update valuations annually.
Pandemic intensifies evolving role of FM
Facility managers are no longer viewed as a back-office function, but rather “a strategic instrument to attract and retain talent and create a great experience,”
Can purchases help reverse global warming?
When considering products with recycled content, pay attention to the types of recycled materials that are in them.
The future of green building is retrofit
With the right market signals and incentives, Canada can create a retrofit economy now that would yield skilled jobs for the Canadian economy, operational savings from energy and carbon reduction and better, healthier buildings for Canadians.
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 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.
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 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 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.
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 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 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.
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.