The global buildings sector made some headway in curbing its energy appetite and output of greenhouse gas emissions last year, but is still off-pace to achieve the International Energy Agency's targets.

Canada’s newly finalized climate change adaptation strategy sets out objectives and attaches mid- to near-term targets to bolster resilience in five key action areas.

Employers are pressed to fill new kinds of positions and to bolster tech savviness throughout their organizations, while facing labour shortages and a highly competitive market for certain skills.

Viable conversion candidates must begin with a basic structural prerequisite, but construction costs, location, surrounding amenities and assumptions about future office values all influence the business case.

Canada’s leading commercial real estate players are increasingly turning to ESG metrics to track responsiveness to a range of emerging risks and business imperatives.

Canada has joined 44 other national governments, worldwide, in endorsing the International Energy Agency's push for a 4 per cent annual reduction in energy intensity by 2030

Trophy office towers could be anchored atop the market for the long term as the past decade’s wave of new building subsides and little further development is anticipated.

Appraisers generally expect office building values to keep slipping over the course of 2023 as a range of factors undermine cash flow, push up cap rates and make investors skittish.

Multifamily asset values appear to be holding steady, but transaction volume plummeted in the first quarter of 2023.

Bonus incentives for energy efficiency upgrades will be available to select commercial and multifamily landlords and condominium corporations in Ontario during the second and third quarters of 2023.

Most condominium corporations and rental housing landlords will need to make capital investments in energy storage to realize the benefits of Ontario's ultra-low overnight electricity rate.

Sustainable finance products, are expected to increasingly come into play as building owners/managers pursue decarbonization and look to bolster the climate resiliency of their properties.

Conceptually, the proposed rules establish air conditioning as a protected option that tenants cannot be prevented from obtaining rather than an essential that landlords would be compelled to supply.

Advocates for the Canadian commercial real estate industry are asking the federal finance department to clarify why real estate investment trusts have been included in a pending new tax measure.

Regulatory amendments to Canada’s Prohibition on the Purchase of Residential Property by Non-Canadians Act address inadvertent impacts on commercial transactions and property development.

As part of a biennial review and benchmarking of Canada’s economic performance, a new OECD report looks at progress toward the interim 2030 target and 2050 goal for net-zero carbon emissions.

Nordstrom Canada’s sudden swoosh into the department store drain will leave empty anchor space in some of the country’s top-performing and most prestigious regional malls.