Canadian Property Management - Capital Upgrades & Retrofits
REMI

Capital Upgrades & Retrofits

Ontario mulls new retrofit financing option

Ontario mulls new retrofit financing option

The Ontario government is proposing to open up a new financing option for energy and water efficiency upgrades in commercial and multifamily buildings.
Feds have hazy read on climate risk exposure

Feds have hazy read on climate risk exposure

Key federal departments are scrambling to catch up with climate risk assessments and response plans after the Auditor General of Canada uncovered gaps in monitoring and a slow rollout of adaptive actions.
Class B potential poised for extraction

Class B potential poised for extraction

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.
Green premium could be deep retrofit linchpin

Green premium could be deep retrofit linchpin

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.
Lenders exhibit decarbonization disconnect

Lenders exhibit decarbonization disconnect

Canadian lenders may be reassessing the urgency of decarbonization, but they still express enthusiasm for the sustainable assets and impact investments that appear to be losing cachet in the United States.
Toronto gives heads-up on emission thresholds

Toronto offers heads-up on emission thresholds

Toronto could join the slate of North American jurisdictions that impose thresholds for allowable greenhouse gas emissions from buildings sometime later this year.
Ontario recharges energy efficiency budget

Ontario recharges energy efficiency budget

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.
Concordia AI research

Existing buildings sector limbering up with AI

Artificial intelligence is proving useful for teaching old dogs new tricks in the existing buildings sector, finding energy savings and emissions reductions in advance of comprehensive retrofits.
Ontario re-evaluates steps for land use change

Ontario re-evaluates steps for land use change

Proposed new provincial legislation would strip municipalities of their ability to request a record of site condition (RSC) in specified circumstances where the risk of site contamination is deemed to be low.
Sustainable proptech gaining momentum

Sustainable proptech gaining momentum

An expanding roster of tech companies aligned with the sustainable and smart buildings market reflects growing demand from end-users and draws support from increasingly enthusiastic investors.
New green buildings strategy mostly a rehash

New green buildings strategy mostly a rehash

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

Salvaged steel fit to fortify decarbonization

The cost case for salvaged steel looks promising even with an embryonic supply chain and a raft of logistical complexities to recover and then reuse structural members in new construction projects.
Prized office tenant steps up green demands

Prized office tenant steps up green demands

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.
Decarbonization roadmap navigators now in demand

Decarbonization roadmap navigators in demand

Real estate operators are looking to consultants, turnkey contractors and software for navigational assistance in developing and implementing decarbonization roadmaps.
Resilience still lacks climate action profile

Resilience still lacks climate action profile

Climate change adaptation measures are typically viewed as risk management rather than levers for investment returns, but they are inherently linked to building and portfolio value.
Wastewater energy transfer flush with potential

State of good repair lags in City of Toronto

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.
CRE fosters all-in approach to decarbonization

CRE fosters all-in approach to decarbonization

Daunting net zero targets in the buildings sector are spurring an all-in approach to decarbonization that assigns roles to finance, engineering, management and operational teams.