Condominium

geothermal

CondoBusiness

Digging into the coming geothermal boom

While the relevance of geothermal has been percolating for years, the buzz is that more developers are starting to pay attention.
Construction Act

CondoBusiness

What the new Construction Act means for condos

Construction is a billion-dollar industry in Canada. While most large projects at condominiums proceed relatively smoothly, there is always risk of friction for contractors and
human resources

CondoBusiness

Human resources takes on new role during COVID

While we can see human resources supporting head office staff, the involvement in operations is, for the most part, something new.
CDM

CondoBusiness

Gaps flagged in new CDM programs

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.
residential

CondoBusiness

Six women shaping Canada’s residential spaces

Women developers, architects and interior designers are helping to manifest just a few of the country’s most dynamic condos and communities.
Vacant dwellings generated $88.2 million in speculation and vacancy tax in B.C. in 2019

CondoBusiness

Vacant dwellings yield revenue gains for B.C.

Resident British Columbians own about 30 per cent of the properties subject to the speculation and vacancy tax, but account for just 6.6 per cent of collected revenue.
mental illness

CondoBusiness

Mental illness in condos amid a pandemic

The role a condo corporation plays in the life of a resident struggling with mental illness can often be a delicate matter.
condo listings

CondoBusiness

The GTA condo market: its not all bad news

The Greater Toronto Area’s condo market hasn’t emerged completely unscathed. But it’s not all bad news.
employment

CondoBusiness

Chargebacks and lessons learned in 2020

Condominiums need to be careful when they decide to chargeback costs to an owner and must ensure they have the legal right to do so before they start lien proceedings.
CAT

CondoBusiness

How a newly expanded CAT will impact condos

This expansion of the CAT’s jurisdiction into new issues should be noted by condominium corporation boards and managers alike.
condo

CondoBusiness

Developer avoids liability after cancelling condo

A recent Ontario court decision is very good news for Ontario condo developers who must cancel their projects prior to construction.
insurance

CondoBusiness

Canada’s condo insurance crisis

Impacts of the hard insurance market are trickling into condominium corporations across Canada, challenging boards and managers in their wake.
benchmarking

CondoBusiness

Why benchmarking small buildings still matters

While building codes and standards help regulate efficiency in new buildings, existing buildings have been operating with little oversight and, in fact, no insight at all into how energy and water was being used in our cities.
Condo design

CondoBusiness

Condo design takes cue from commercial facilities

Designers and developers foresee a greater turn towards health and wellness in the condo design of tomorrow.
hydro cost hit postponed with extended eligibility for Ontario Electricity Rebate

CondoBusiness

Rebate extension postpones hydro cost hit

The six-month extension comes with an improved rate since the discount on pre-tax electricity consumption and transmission/distribution costs will increase to 33.2 per cent on November 1.
reserve funds

CondoBusiness

How is COVID-19 impacting reserve funds?

Many reserve fund projects have not been able to proceed this year. Even now as construction has “opened up,” contractors have backlogs that will allow them to complete only some of the previously planned projects.
summer peak demand unexpected in electricity system models

CondoBusiness

COVID-19 confounds electricity system models

After scrambling to recalibrate their models in the early days of COVID-19-related shutdowns, analysts with Ontario's Independent Electricity System Operator faced more uncharted territory when the hot weather arrived.