Management

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.
2018 investment returns

Some drag in buoyant 2018 investment returns

A surging industrial sector helped to counterbalance slipping retail values and push up 2018 investment returns on Canadian commercial real estate.
clothing donation bins

Clothing donation bins may pose liability risk

Commercial property owners who host clothing donation bins could run afoul of their province's Occupiers Liability Act or Occupational Health and Safety Act should an incident occur.
cyber-security-945x514

BOMA Canada raising awareness for cyber wellness

BOMA Canada's 2019 Cyber Wellness Guide is a tool for building owners and managers to start thinking about cybersecurity.
move

The workplace move: An impetus for change

There are few opportunities for organizations as great as the workplace move, where it can begin anew in fresh, new premises.
FM avatar

The evolution of the FM avatar

As their job responsibilities change, FMs need to continuously improve in order to help bring their organization value.
clean_building_photo

MediaEdge and ISSA launch new trade show

MediaEdge’s Real Estate Management Industry (REMI) Network and ISSA, the worldwide cleaning association announce a new trade show – Issa Show Canada.
LoyaltyOne

Inside LoyaltyOne’s move to new Toronto HQ

The recent relocation of LoyaltyOne’s Toronto-based head office was a move to end all moves.
low-carbon vanguard

Real estate primed for low-carbon vanguard

Canada's Expert Panel on Sustainable Finance suggests there is more untapped opportunity than coordinated action in a market grappling with emerging imperatives for climate-related financial disclosure and integrating ESG measures.
outsourcing

Tips for outsourcing compact portfolios

FMs overseeing compact portfolios may consider outsourcing. However, there are several factors to weigh in choosing an approach.