Financial Management

Fossil fuel fortunes continue to hold dominant sway in Calgary's office market

Canadian Property Management

Fossil fuel fortunes burn Calgary

Reflecting on a year in which the pandemic unsettled market fundamentals to the east and to the west, Calgary-based analysts focus more on tangential circumstances than the COVID-19 outbreak itself.
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
Women experience vast share of 2020 real estate job loss

Canadian Property Management

Women bear brunt of 2020 real estate job loss

Women were jettisoned from 14,300 of the roughly 16,000 positions Ontario's real estate, rental and leasing sector shed last year.
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.
FM leaders

Canadian Facility Management & Design

FM leaders share career-boosting advice

FM leaders reveal the obstacles they overcame to attain their higher-level positions and how future professionals can follow suit.ƒƒ
Multifamily assets outperform the 2020 national average total return for the Canada Property Index

Canadian Apartment Magazine

Multifamily assets surpass 2020 index average

Newly released 2020 investment results find industrial and multifamily assets on the positive side of the national average total return for 2,356 directly held standing assets, which registered -4.1 per cent.
Ontario endorses competitive mechanisms to trim the price-point of energy efficiency spending

Canadian Property Management

Ontario to stretch energy efficiency spending

A new slate of conservation and demand management (CDM) programs allocates $456 million for commercial, institutional and industrial consumers over the four-year period from 2021-24.
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.
multi-suite residential

Canadian Apartment Magazine

Investor confidence in multi-suite remains high

Investor confidence in the multi-suite residential and industrial property sectors remained robust throughout 2020, according to Morguard's new economic outlook report.
More electricity price adjustments for Ontario

Canadian Property Management

More electricity price adjustments for Ontario

For now, residential and small business customers enrolled for either time-of-use (TOU) rates or tiered pricing under the provincial regulated price plan will be charged the off-peak TOU rate of 8.5 cents per kilowatt-hour for all electricity consumption.
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.
Office vacancy rates rose in all major Canadian markets in Q4 2020

Canadian Property Management

Office vacancy rates climb with Q4 sublets

Industrial availability tightened from the third quarter in eight of the 11 surveyed markets, ending the year at well below 2 per cent in Vancouver and Montreal and below 1 per cent in Toronto.
Canada's apartment market

Canadian Apartment Magazine

A hopeful outlook for Canada’s rental market

As the average rent in Canada hit a record low of 9.1 % from a year ago, analysts share a hopeful outlook for Canada's rental market in 2021 and beyond.
Multifamily energy performance

Canadian Apartment Magazine

Multifamily energy performance typically vexing

Multifamily and industrial properties are routinely lumped together as favoured investment assets, but asset managers face divergent degrees of difficulty when they seek to mine value from energy performance.
energy

Canadian Facility Management & Design

Rethinking the demands of facility operations

Facility owners and managers must rethink the demands of existing operations and systems to deal with rapidly fluctuating capacity.
GRESB adjusts 2020 path for benchmarking ESG performance

Canadian Property Management

GRESB adjusts 2020 path to the stars

More than 50 per cent of participating Canadian portfolios were grouped in the top two brackets of results, with 11 earning 5-star status and six attaining a 4-star rating.
Grocery-anchored retail stands out positively among other retail investment properties

Canadian Property Management

Grocery-anchored retail deemed a best buy

Beyond stores selling essential goods, bricks-and-mortar retail is reeling from COVID-19-triggered public health controls and watching its already gaining competition grow even faster than projected.