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Industry News

Ontario extends deadline for energy/water data

Ontario extends deadline for energy/water data

The deadline to submit consumption data to Ontario’s energy and water reporting and benchmarking program has been extended to help accommodate this year's large new cohort of mandated participants.
National office vacancy rate continues to climb in Q2

National office vacancy rate continues to climb

The national office vacancy rate surpassed 18 per cent in the second quarter of 2023, the highest level recorded since 1994. However, the pace of negative absorption was slower than last winter and fall.
Fengate ups digital infrastructure investment

Hyperscale expectations for data storage demand

Investment partners, Brookfield Infrastructure and Ontario Teachers’ Pension Plan, have acquired Compass Datacenters LLC and its portfolio of 13 hyperscale campuses.
Conestoga Mall to pad Primaris REIT portfolio

Conestoga Mall to pad Primaris REIT portfolio

Primaris Real Estate Investment Trust has inked a $270-million deal for Conestoga Mall, a 585,000-square-foot enclosed shopping centre in Waterloo, Ontario.
Net-zero labour strategy in the works

Net-zero labour strategy in the works

The Canadian government is moving to establish a promised sustainable jobs secretariat and associated advisory council, meant to guide a labour strategy for wide-scale decarbonization.
Slip-and-fall injury bill stranded in Manitoba

Slip-and-fall injury bill stranded in Manitoba

Manitoba's legislative term expired soon after the government introduced proposed amendments to the Occupiers' Liability Act similar to changes already adopted in Ontario.
Auto BLDG

Two firms boost footprint in Numa’s historic Auto BLDG

Pride Toronto and Zeidler Architecture have both expanded their office space at Castlepoint Numa’s historic Auto BLDG in Toronto’s Lower Junction Triangle.
office

Hospitality program transforms office portfolio

Over the next three months, Canderel will begin rolling out a workplace hospitality program called Okkto across its buildings.
condos

Who will manage all the future condos in Ontario?

Ontario's condo management industry is calling for change as the province plans to build 1.5 million homes in 10 years, including a large number of new condos.
Fengate

Office fit-out costs rise with hybrid workforce

Rising office fit-out costs reflect both inflationary dynamics in the construction sector and emerging design trends as employers realign space to engage their hybrid workforces.
Retrofit funds opened via banking aggregator

Retrofit funds opened via banking aggregator

Canada Infrastructure Bank is opening another avenue for small and mid-sized landlords to obtain low-cost financing for decarbonization projects.
Federal heritage buildings listed for offloading

Federal heritage buildings listed for offloading

Public Services and Procurement Canada has released a list of 10 properties “in various stages of the disposal process” as part of an invitation to select stakeholders to bring forward proposals to reposition the space.
U.S. REIT adds to Alberta casino holdings

U.S. REIT adds to Alberta casino holdings

U.S.-based VICI Properties will acquire four facilities in Edmonton and Calgary through a sale-leaseback transaction, following a similar deal earlier this year for casinos in Edmonton, Calgary and Lethbridge.
workplace

BDP conducts workplace ‘experiment’ with Toronto studio

In a hybrid work era, BDP Quadrangle has opened a two-floor studio in The Well as an experiment with in-person arrangements.
Slate unveils plan for 800-acre redevelopment site

Slate unveils plan for 800-acre redevelopment

Slate Asset Management envisions a major business and intermodal transportation hub with up to 12 million square feet of employment space on the Hamilton harbourfront lands.
HVAC-related infections controls considered

HVAC-related infection controls considered

A first-ever ASHRAE standard for mitigating the airborne spread of infectious pathogens in indoor spaces has been released for public review.
low-carbon

Low-carbon heating facility to turbocharge Toronto’s decarbonization

The project is expected to accelerate the decarbonization of downtown, equivalent to 20 net-zero office towers.