A vast network of small and mid-sized businesses support the continued functioning of daily life in Canada.
The coronavirus outbreak will accelerate trends that had been forming in commercial real estate (CRE) and cause dramatic changes in the industry.
This year’s 50th anniversary event is already in progress, in homes and online, as organizers launched 22 days of daily challenges for promoting climate change resilience on April 1.
Real estate, legal and financial services providers have come together to offer support and work their networks on the hotel sector's behalf during the COVID-19 crisis.
Security personnel on the Commissionaires Canada payroll in Ontario can expect an hourly wage increase of $2 effective April 6, reflecting their current status as essential provincial workers and the front line pressures they are facing.
The Royal Institution of Chartered Surveyors (RICS), the International Facility Management Association (IFMA) and Leesman are joining forces to build a global pan-industry response group
Late penalties for Toronto property tax, water and solid waste utility bills have been suspended until mid-May, while ratepayers get an additional 60 days to make tax payments. Mississauga has added 90 days to its tax payment deadlines.
Some of Canada’s most prominent commercial real estate players are tackling the challenge of COVID-19, asset class by asset class.
Small tenants in 12 of North American Development Group’s community shopping centres may be eligible to defer rent obligations for up to two months.
Already, it’s projected that the COVID-19 hit on hotels will be more severe than the combined losses following the 2001 terrorist attacks in the U.S. and 2008 economic crisis.
Alberta and Ontario are offering ratepayers temporary relief from the education portion of property tax bills.
Building owners, managers and occupants can be assured that life-safety systems, telecommunications, elevators and HVAC can be maintained and repaired as necessary, and that janitorial and security staff are permitted on-site.
With the government's request for people to stay home as much as possible, many residential customers had been racking up inescapable higher costs of consuming electricity during the daytime hours.
SmartCentres will be offering rent-free use of its space to help support governments and health care authorities during the COVID-19 emergency.
Commercial landlords may be looking differently at the mix of lease horizons in their buildings and across their portfolios than they did a few weeks ago.
Fittingly, a currently posted update points to Prime Minister Justin Trudeau’s plea for “cultural influencers” to get involved.
A newly released message to consumers underscores the critical role the industry plays in the viability of indoor environments and in safeguarding food, medical supplies, data and other strategic services.