Management

Gen Z friendly cities

Gen Z friendly cities foster a rising cohort

The study assesses and scores 110 prominent international cities on 22 indicators deemed to support and/or influence the age cohort born between 1997 and 2012.
Saddledome demolition

Saddledome demolition plan bucks transparency

The upfront cost t has been projected at $13.8 million. The environmental repercussions of dismantling and discarding a 474,000-square-foot concrete and steel structure are more difficult to peg.
tech job growth

Canadian cities fertile for tech job growth

The rankings reflect CBRE's assessment of each market's competitive appeal based on 13 variously weighted indicators that collectively present a picture of employment trends and other factors helping to attract and sustain a tech labour force.
money laundering

Real estate flies red flags of money laundering

Some of the signals of potential malfeasance in real estate transactions are not obvious or only appear ominous when they are part of a pattern of questionable conduct.
property tax breaks

Alberta enables long-term property tax breaks

Newly adopted amendments to Alberta's Municipal Government Act extend provisions that were initially devised to support the rejuvenation of derelict brownfields to all non-residential properties.
energy exposure

Energy exposure fuels Calgary office woes

Energy firms drove Calgary office leasing deals in the first quarter of 2019, but in a way that had few landlords celebrating. The largest transactions involved companies relocating and downsizing into smaller spaces.
talent attraction efforts

Making space for talent attraction efforts

Commercial real estate's core function as a provider of workspace serves as something of a living lab for the industry's own human resources strategies.
Alberta energy efficiency programs

Alberta energy efficiency programs in question

Ontario draws on the legacy of more than a dozen years of programming, while Energy Efficiency Alberta has had little time to capture public or capital planners' attention.
lighting incentives

Nova Scotia to dim focus on lighting incentives

With the largest share of relatively inexpensive lighting upgrades completed, finding additional energy savings gets more complicated and costly. However, significant paybacks are projected from the increase in upfront program costs.
Global adjustment status quo

Global adjustment status quo foreseen into 2020

The current formula for allocating global adjustment costs is generally thought to be locked in for at least another year. Changes in the conservation and demand management regime are unfolding more rapidly.
Ontario Fire Code

Ontario Fire Code to add steeper fine bracket

More stringent fines and an extended period for prosecutions are slated to come into force 30 days after the Ontario legislature adopts the Budget Measures Act.
unpaid building code advisors

Ontario spurns unpaid building code advisors

The 2019 Ontario budget lists the Building Code Conservation Advisory Council among 10 provincial agencies deemed to be unnecessary or imprudent expenditures.
prominent global real estate players

ESG guides prominent global real estate players

ESG provides a framework to set priorities, steer action and monitor progress toward more resilient assets, with 93 per cent of respondents reporting that criteria linked to sustainability, supporting local communities and shunning corruption influence their investment decisions.
CDM program delivery

Ontario reroutes CDM program delivery

Local distribution companies have been the prime drivers of the Conservation First Framework, tasked with collectively attaining 7 million megawatt-hours of energy savings in the 2015-2020 period.
pace of change

Pace of change still sluggish for women in CRE

Commercial real estate is a notable multidisciplinary industry that increasingly risks a notorious reputation for the largely uniform composition of its leadership ranks.
hydro system costs

B.C. affirms uneven split of hydro system costs

It's estimated that equitable apportionment could push residential rates 2.2 per cent higher than the proposed 1.8 per cent increase for fiscal year 2020, while commercial rates would drop and industrial rates remain the same.
Industrial properties

Ontario cues agenda for industrial properties

The action is included in a list of initiatives associated with Bill 66, the proposed Restoring Ontario's Competitiveness Act, even though none of the bill's dozens of legislative amendments pertain to the Assessment Act.