Federal

reserve funds

CondoBusiness

Reserve funds ignore climate target impacts

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.
blind bidding

CondoBusiness

Realtors scrutinize proposed blind bidding ban 

One of the more contentious policies to surface over the past week is a subscribed end to blind bidding.
procurement

CondoBusiness

Three red flags of risky procurement practices

Federal scrutiny of condo procurement should be sufficient reason for diligent condo boards to examine their procurement practices.
CERS uptake falls short of potential

Canadian Property Management

CERS uptake falls short of potential

Removing landlords from the application process hasn’t necessarily made the Canada Emergency Rent Subsidy (CERS) more accessible for commercial tenants experiencing pandemic-related financial stress.
Fossil fuel fired cogeneration systems to lose eligibility for accelerated capital cost allowance

Canadian Property Management

Cogeneration systems to lose tax enticement

The 2021 federal budget adds some clean energy equipment to immediately qualify for accelerated capital cost allowance, and names various combined heat and power applications to be delisted after 2023.
aging residential towers

Canadian Apartment Magazine

Investing in Canada’s aging residential towers

Aging residential towers are in dire need of investment, something the pandemic has underscored given the scores of frontline workers who’ve been disproportionately affected.
Construction rebar imports from nine countries subject to dumping investigation

Construction Business

Construction rebar imports spur dumping inquiry

Canada Border Services Agency is currently investigating evidence that up to nine countries are dumping products that undercut domestic prices and are deleterious to Canadian manufacturers.
COVID-19 related investment announced in fall economic statement

Canadian Property Management

COVID-19 related investment unveiled

The commercial real estate, facilities management and construction/retrofit sectors appear poised to capture a share of the spending announced in the Canadian government’s fall economic statement.
CERS draft legislation outlines new commercial rent relief program

Canadian Property Management

CERS draft legislation awaits adoption

CERS will deliver direct rent support to qualifying tenants without the need to work though their landlords. As a direct subsidy, unlike CECRA, no loan agreement is required.
energy retrofits

Canadian Property Management

Feds to invest $2 billion in energy retrofits

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.
September CECRA coverage

Canadian Property Management

Stop-gap September CECRA coverage offered

Canada Emergency Commercial Rent Assistance will be offered for a sixth month. The announcement comes eight days after the portal for new applications for the relief program appeared to be closed.
CECRA now closed to new applications for commercial rent relief

Canadian Property Management

CECRA now closed to new applicants

With the August 31 deadline for first-time applications for Canada Emergency Commercial Rent Assistance (CECRA) now passed, the three-month program that evolved into five months of relief is closed to new recipients.
biomass power

Canadian Property Management

WTO okay with provinces buying biomass power

The World Trade Organization agreed with Canada that the U.S. conflated wholesale and retail electricity rates to arrive at its supposition that B.C. and Quebec hydro utilities overpaid for biomass power.
rental demand

Canadian Apartment Magazine

Rental demand in Canada’s major urban centres

Measures to limit the spread of COVID-19 and protect Canadians’ health are contributing to a significant interruption in rental demand.
climate change

CondoBusiness

Are condos prepared for climate change?

While many condos haven’t yet experienced the major effects of climate change, statistics and case studies foreshadow the impacts that could come.
Proposal for mandatory airtightness testing withdrawn from pending 2020 version of National Energy Code

Canadian Property Management

Canada wavers on airtightness testing

The timing might have been opportune for uptake of the measure — provided it was adopted into provincial and territorial building codes — because it would have applied broadly in what is currently Canada’s most buoyant commercial real estate sector.
reopening the workplace

Canadian Facility Management & Design

Reopening the workplace amid COVID-19 fears

Collaborative spaces will take on new importance as flexibility remains a key factor moving forward when reinventing and reopening the workplace.