Capital Upgrades & Retrofits
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.
In low-rise homes, including condos, up to 35 per cent of heated air can be lost through the windows during the heating season.
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.
New regulations from multiple levels of government are forcing condominium boards and property management companies to consider more than just a simple cost-benefit calculation when examining repair and retrofit options.
Residents of a freshly built mid-rise in the Annex neighbourhood of Toronto have a fleet of electric vehicles waiting for them to use, whether that’s for a trip around town, a weekend getaway to the cottage or visiting family out-of-province.
Ongoing challenges to capital replacement project costs are wreaking havoc on already stressed reserve funds and causing anxiety for boards and property managers throughout the province.
New buildings are subject to laws and regulations, which require them to be compatible with EVCs.
Ontario’s housing sector emits more greenhouse gas emissions than any other province, primarily due to its high population rate. In the province, residential buildings are
We should be asking our reserve fund planners to look at the Paris accord target dates and compare the end-of-life replacement of our gas-burning appliances against the target dates.
As the country moves to accelerate the adoption of electric vehicles, questions are brewing among people living in multi-unit dwellings.
Retrofit proponents unable to contribute at least $6.25 million in equity capital will have to look to third-party interveners in order to tap into the Canada Infrastructure Bank’s $2-billion fund for commercial buildings.
While the relevance of geothermal has been percolating for years, the buzz is that more developers are starting to pay attention.
After 2022, companies must use their own funds to reimburse embedded energy managers, but will be offered “an enhanced level of technical support and resources.” It's a move some see as more short-sighted.
A sustainability plan and budget should be made with the mindset of plan and prevent, instead of react and pivot.
A promised $2 billion investment in large-scale building retrofits will be central to the Canadian government’s job creation ambitions. Energy efficiency champions have plenty of ideas of how and where the funds could be best leveraged.
While many condos haven’t yet experienced the major effects of climate change, statistics and case studies foreshadow the impacts that could come.