Canadian Property Management - Industry News
REMI

Industry News

Lax fire safety oversight charted in NS audit

Lax fire safety oversight flagged in NS audit

Nova Scotia's Auditor General raises a long list of concerns about the Office of the Fire Marshal 12 years after a previous Auditor General presented similar findings.
New Brunswick rent cap

Energy efficiency anchors NB climate action

Energy efficiency, climate change adaptation and EVs and charging infrastructure figure in New Brunswick’s planned $47- to $57-million in climate action spending for 2023-24.
Brand awareness eludes Toronto green standard

Brand awareness eludes Toronto green standard

A new report to Toronto council recommends a more ambitious and pointed communications strategy to build brand awareness of the city's green development standard.
Liquor store sell-off nears end in Saskatchewan

Liquor store sell-off nears end in Saskatchewan

Significantly more revenue has been raised through the auction of the retail permits associated with the stores than from the sale of the properties themselves.
employee engagment

Study explores how worker turnover propels talent drain

The manner in which top performers leave their jobs can cause various levels of disruption within a workplace, including a potential snowball effect that involves the turnover of multiple quality employees.
labour council

Canada-U.S. industrial markets diverge in Q1

Toronto and Vancouver posted the tightest industrial markets among major urban centres in Canada and the United States in the first quarter of 2023.
office conversion Calgary

Calgary approves new office conversion projects

Calgary has approved five more projects to convert empty office space into new homes for future downtown residents.
Input sought on quantifying life cycle GHGs

Input sought on quantifying life cycle GHGs

ASHRAE and the International Code Council invite comments on the purpose, scope and methodologies of a proposed new standard for quantifying and documenting operational and embodied GHG emissions.
Little for buildings in Alberta carbon strategy

Little for buildings in Alberta carbon strategy

There is little for buildings in Alberta’s newly released plan for reducing greenhouse gas emissions while supporting ongoing development of fossil fuel resources.
Mississauga

Mississauga reports surge in building permit approvals

Incoming data from the City of Mississauga reveals 1,088 building permits were issued for new construction in the first quarter of 2023.
Rising office vacancy pairs with rent growth

Rising office vacancy pairs with rent growth

CBRE Canada reports an all-time high national office vacancy rate and another quarter-over-quarter increase in average Class A net rents for Q1 2023.
Low-cost flood insurance program in the works

Low-cost flood insurance program in the works

The Canadian government is sponsoring the development of a low-cost flood insurance program to cover current gaps in coverage.
Geothermal energy systems now in on tax credit

Geothermal energy systems now in on tax credit

The 2023-24 budget also confirms that low-carbon heating systems are exempt from the labour conditions tied to some of the other categories of clean technology eligible for the tax credit.
IFMA

Intake closing for expiring BOMA BEST 3.0

With the looming launch of the BOMA BEST 4.0 assessment and benchmarking tool for sustainable buildings, only days remain to register for certification under the expiring version.
Office IAQ best practices up for consultation

Office IAQ best practices up for consultation

Health Canada is preparing guidance on indoor air quality in office buildings aimed at landlords, employers, building operators, facilities managers, maintenance staff and tenants' health and safety committees.
Bank failures make little dent in Canadian CRE

Bank failures make little dent in Canadian CRE

Just two of Canada's listed real estate companies count recently failed U.S. banks among their tenants, occupying a minimal fraction of their portfolios in both cases.
climate

Quest to curb climate crisis more urgent than ever

The newest report from the Intergovernmental Panel on Climate Change, released on March 20, warns that maintaining the global average temperature threshold of 1.5 C is becoming even more challenging.