Industry News
New roles will support Accessible Canada Act
Applications are invited for Governor-in-Council appointments within the Canadian Human Rights Commission and the Ministry of Employment and Social Development.
BOMA BC lauds commercial real estate industry
Companies and individuals in the commercial real estate industry were lauded for their superior service at the BOMA BC Awards of Excellence.
Biophilic design of new TRCA HQ puts wood first
Encased in glass, four water walls will symbolize TRCA’s role of safeguarding the GTA’s watersheds while also being an integral part of the building’s HVAC system.
Commercial buildings named ENERGY STAR winners
Suburban office and corporate headquarters capture the limelight in the newly announced 2021 ENERGY STAR Canada awards for existing commercial and institutional buildings.
Deal makers might avoid needless FOI requests
A proposed digital channel for submitting property-related information requests to Ontario's Ministry of the Environment would offer an alternative to the current paper-based submission of Freedom of Information requests.
Canada officially lists plastic products under CEPA
Canada recently listed plastic manufactured items on Schedule 1 under the Canadian Environmental Protection Act (CEPA), taking a first regulatory step in addressing plastic pollution.
IICRC publishes revised water damage restoration standard
IICRC has published a newly-revised, ANSI-approved ANSI/IICRC S500 Standard for Professional Water Damage Restoration.
CPP among global top 10 real estate investors
CPP Investments is one of five pension plan managers on the list, along with three global insurance/asset management firms and two sovereign wealth funds.
COVID-19 resilience funds disbursed to Ottawa
$11.2 million will be allocated throughout Ottawa’s 23 city wards and put toward outdoor recreational facilities, pedestrian safety measures, and HVAC and digital connectivity upgrades in community centres and other municipal buildings.
Dream Office portfolio largest to achieve WELL Health-Safety Rating
Office spaces across Toronto, Mississauga and Calgary have implemented a wide range of COVID-19 solutions to ensure a healthy and safe return to work.
More hotel deal activity projected beyond Q2
Of the 21 transactions totalling approximately $197 million in value during the first quarter of 2021, seven properties were sold for redevelopment or conversion to other uses and three were distressed sales.
Modest spending outlay for federal portfolio
The Canadian government expects to spend nearly $93 million to offset energy-related greenhouse gas emissions in its own portfolio, but $77.9 million of that is slated for unspecified “future years”.
Pandemic relief defrays Ontario insolvencies
Low interest rates, flexibility to defer payments and various government-funded programs synergized into what are characterized as “exceptional” circumstances in a recessionary period.
Real estate opts for simple computer passwords
Analysis of more than 162,000 publicly reported data breaches at major real estate firms finds that “password”, “123456” and some variation of a company’s name are ensconced favourites.
Walmart building first distribution centre in Atlantic Canada
The $56-million project will be designed with sustainability in mind, such as reducing long haul distances with products much closer to stores.
Calgary approves $200M for downtown plan
The City of Calgary has approved an investment of $200 million for the Greater Downtown Plan.
GTA’s Q1 2021 investment sales surpass Q1 2020
Industrial assets and development land accounted for more than 50 per cent of investment sales value in Q1 2021 with trade activity in both sectors far outpacing deal-making in the pre-pandemic months of 2020.



















