Development
Elections loom in three Canadian provinces
Housing, tax and energy costs are prominent on the agenda as British Columbia, New Brunswick and Saskatchewan all prepare for provincial elections in October.
Equity partnerships generate net-zero progress
A newly released primer from the First Nations Major Projects Coalition highlights clean energy opportunities and some illustrative generation, storage and transmission projects.
Data centres draw investment interest
Surging need for connectivity to enable burgeoning technologies like AI and the smart electricity grid has positioned data centres to be favoured investment assets into the future.
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.
Toronto considers office replacement pullback
Proposed new policy directions could open the way for a broader range of redevelopment projects in specified downtown Toronto districts and at the midtown Yonge & Eglinton node.
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.
Defaulted real estate loans on the upswing
Many creditors and debtors are now grappling with the fallout from a largely unexpected change in market conditions over the course of their loan agreements.
OEB in doghouse for cost recovery ruling
The Ontario government plans to establish its authority to designate critical gas transmission projects and reaffirm the existing cost recovery model for connecting natural gas service to new residential development.
Clean energy projects serve mix of purposes
Clean energy projects present a burgeoning means for Indigenous peoples to assert stewardship of natural resources, nurture sustainable economic growth and curb reliance on fossil fuels.
Outdoor lighting principles hail the dark side
Guiding principles for responsible nighttime lighting define how light should be applied, but, first, prospective installers are advised to consider whether lighting is even necessary.
Social destabilization unsettles city fabric
Data, collaborative networks and a suite of tested best practices can be valuable resources for property managers pressed to respond to the unsettling social destabilization occurring in many Canadian cities.
Office conversion prospects judged challenging
Viable conversion candidates must begin with a basic structural prerequisite, but construction costs, location, surrounding amenities and assumptions about future office values all influence the business case.
Trophy office towers widening gap from the pack
Trophy office towers could be anchored atop the market for the long term as the past decade’s wave of new building subsides and little further development is anticipated.
CRE awaits spinoffs of new provincial spending
Quebec and Ontario have announced investment incentives that could have implications for land deals and/or technologies and products that commercial real estate uses.
Infrastructure investment a go-to in downturn
For public partners, P3s are a means to transfer risk. For the private sector, infrastructure’s recession-proof profile dovetails with expectations for a prolonged building spree.
Robust yields ongoing for industrial landlords
Market analysts and asset managers express confidence that the industrial sector will be buoyant into the future despite current global economic uncertainty.
Energy sector workforce evolves and expands
Energy efficiency is projected to create more jobs and assume a larger share of energy sector economic activity in step with a heightened focus on reducing greenhouse gas emissions.