Regulations
Multiple failings uncovered in fatal fire probe
Beyond the UK, the report offers lessons for onlookers everywhere about slipshod diligence, inappropriately trained safety administrators and the possible risks of commercial pressures in certification processes.
New water use initiatives afloat in summer 2024
New water use initiatives from the Canadian government and the Open Standards Consortium for Real Estate (OSCRE) have been unveiled for public input over the course of summer 2024.
Short-term rental registry stuck in manual
Toronto relies heavily on manual review processes for oversight of approximately 8,400 registrants currently approved to offer short-term rental accommodations in their principal residences.
New green buildings strategy mostly a rehash
The Canadian government’s newly released green buildings strategy contains little that is actually new for commercial real estate or public sector facilities.
Toronto considers office replacement pullback
Proposed new policy directions could open the way for a broader range of redevelopment projects in specified downtown Toronto districts and at the midtown Yonge & Eglinton node.
Prized office tenant steps up green demands
Ottawa landlords are contemplating a list of new expectations from a prized office tenant following recently announced updates to the federal government’s green operations strategy.
Resolvable barriers still impede accessibility
The building features that most commonly impede people with disabilities are not those that are the costliest or most structurally complicated to correct, new survey findings show.
Ontario retailers ponder alcohol sales viability
Leases and logistics will be major factors in whether Ontario retailers can act on pending flexibility to sell beer, wine, cider and ready-to-drink alcohol-infused beverages in grocery and convenience stores.
A transparent need for data strategies
Based on self-reporting, many of the commercial real estate firms subject to the U.S. Securities and Exchange Commission’s pending climate-related disclosure rules are grappling with how they will comply.
Capital gains tax adjustment unnerves CRE
The jump in the capital gains inclusion rate is expected to have an immediate impact on property sales, while being factored into longer term asset management and investment decisions.
Alberta to tighten grip on public sector FMs
The Alberta government is moving to tighten its grip on public entities that are defined as “creatures of the province,” yet have conventionally had leeway to seek and accept direct federal investment.
Defaulted real estate loans on the upswing
Many creditors and debtors are now grappling with the fallout from a largely unexpected change in market conditions over the course of their loan agreements.
Energy storage prompts a battery of precautions
In step with the projected surge in energy storage installations, fire safety advisors are actively working to help clean tech adopters understand and mitigate the risks.
Taxing debate awaits Toronto commercial parking
Debate about a proposed surcharge on commercial parking spaces in Toronto has been deferred until City Council begins to consider 2025 budget measures.
OEB in doghouse for cost recovery ruling
The Ontario government plans to establish its authority to designate critical gas transmission projects and reaffirm the existing cost recovery model for connecting natural gas service to new residential development.
Clean energy projects serve mix of purposes
Clean energy projects present a burgeoning means for Indigenous peoples to assert stewardship of natural resources, nurture sustainable economic growth and curb reliance on fossil fuels.
State of good repair lags in City of Toronto
Toronto is backsliding on the upkeep of municipal facilities, with a state of good repair backlog that’s projected to surpass $1 billion this year and then continue accumulating to nearly $1.47 billion by 2033.