Financial Management
Canadian Property Management
Decarbonization roadmap navigators in demand
Real estate operators are looking to consultants, turnkey contractors and software for navigational assistance in developing and implementing decarbonization roadmaps.
Canadian Facility Management & Design
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.
Canadian Property Management
Resilience still lacks climate action profile
Climate change adaptation measures are typically viewed as risk management rather than levers for investment returns, but they are inherently linked to building and portfolio value.
Canadian Apartment Magazine
Potential property tax relief looks uneven
A potential incentive for new purpose-built rental housing in Ontario comes with adverse implications for existing multifamily properties, thanks to the mathematics of property tax allocation.
Canadian Property Management
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.
Canadian Property Management
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.
Canadian Facility Management & Design
Tenant lounge reborn from vacant retail space
A former convenience store, adjacent to the lobby inside a downtown Toronto office tower, has been transformed into a private 1920s-style Art Deco lounge for tenant meetings and events.
CondoBusiness
WELL evolves into residential communities
Minto Communities is the first developer in Canada to pilot the WELL for residential program, which sets out to create healthier homes.
Canadian Property Management
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.
Canadian Facility Management & Design
Canada far from meeting accessibility goals
Federally-regulated organizations will need to prioritize specific actions that advance accessibility and disability inclusion by 2040.
Canadian Property Management
Exposure to U.S. office loans grows unsettling
Regional and mid-sized banks in the United States are considered most vulnerable to losses on commercial real estate loans, particularly those tied to that country’s shaky office sector.
Canadian Facility Management & Design
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.
Canadian Property Management
Investment returns show slipping values in 2023
Canadian investment returns for 2023 show retail improvement, industrial deceleration and continuing office value decline, as capital loss balances out income growth for a flat total return.
Canadian Apartment Magazine
The push for more purpose-built rental housing
Strong rental demand continued to outpace supply in 2023 resulting in less available purpose-built rental apartments and lower affordability, according to new report from CMHC.
CondoBusiness
Pushing for a workplace culture shift
Condo managers are familiar with hostile work environments, but cases of harassment and intimidation, and even violence, have reportedly increased due to a confluence of factors.
Canadian Apartment Magazine
Clamping down on renovictions
Hamilton will soon be the first city in Ontario to introduce a renoviction bylaw forcing landlords to obtain a licence prior to issuing an N-13
CondoBusiness
Overhauling reserve funds in Ontario
As the landscape of aging condos continues evolving, the need for adequate reserve funds to pay for these repairs assumes greater importance.