Federal
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.
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.
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.
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.
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.
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 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.