The Ontario government is proposing to open up a new financing option for energy and water efficiency upgrades in commercial and multifamily buildings.

A new stream of incentives to extract energy saving potential in Class B and C buildings dovetails with projections about their future competitiveness in a recovering office market.

The costs to achieve deep cuts in energy use and greenhouse gas emissions could crunch more favourably for capital budgeters with the promise of a green premium.

Ontario’s energy efficiency budget has been recharged with a pledged 12-year, $10.9-billion spending strategy that significantly boosts funding for commercial, industrial, institutional and residential electricity customers.

A small but noteworthy cohort of tenants will be leasing specialized space as the Ontario government moves toward granting licences for new independently operated surgical and diagnostic clinics.

The Canadian government’s newly released green buildings strategy contains little that is actually new for commercial real estate or public sector facilities.

Ottawa landlords are contemplating a list of new expectations from a prized office tenant following recently announced updates to the federal government’s green operations strategy.

The building features that most commonly impede people with disabilities are not those that are the costliest or most structurally complicated to correct, new survey findings show.

Real estate operators are looking to consultants, turnkey contractors and software for navigational assistance in developing and implementing decarbonization roadmaps.

Toronto is backsliding on the upkeep of municipal facilities, with a state of good repair backlog that’s projected to surpass $1 billion this year and then continue accumulating to nearly $1.47 billion by 2033.

The business case for electrification works best when retrofits are synced with the end-of-life of existing mechanical equipment and/or asset repositioning plans

Bonus incentives for energy efficiency upgrades will be available to select commercial and multifamily landlords and condominium corporations in Ontario during the second and third quarters of 2023.

Sustainable finance products, are expected to increasingly come into play as building owners/managers pursue decarbonization and look to bolster the climate resiliency of their properties.

Nordstrom Canada’s sudden swoosh into the department store drain will leave empty anchor space in some of the country’s top-performing and most prestigious regional malls.

Low-cost investments and practical adjustments to the configuration of fixtures could improve safety, convenience and assurance for people with disabilities.

The COVID-19 pandemic and supply chain disruptions are frequently cited, but not the only reasons for uneven uptake of Ontario’s energy retrofit and performance incentives over the past two years.

The Ontario government has pledged $342 million in additional energy efficiency spending to be rolled out between the spring of 2023 and the end of 2024.