REMI Network - Financial Management
REMI

Financial Management

Alberta

Canadian Property Management

COVID impacts linger for commercial ratepayers

Assessed values in Ottawa and Toronto will be at least seven years out of date and Winnipeg’s will be nearly five years behind before new assessment cycles begin in those cities.
Post-CERS property expense relief announced

Canadian Property Management

Post-CERS property expense relief announced

A new iteration of property expense relief will be more bountiful for many recipients than recent payouts of the Canada Emergency Rent Subsidiary, but fewer commercial tenants or owner-occupiers will qualify.
IDC VODA awards

REMI Network

BOMA Canada honours national award winners

The Building Owners and Managers Association of Canada (BOMA Canada) hosted its second virtual National Awards Gala on October 21, 2021.
Calgary 8 Street

Canadian Apartment Magazine

Thriving in a time of crisis

Calgary-based Avenue Living not only survived the onerous conditions of COVID-19, but emerged all the stronger for them. The reason? A sound investment strategy that favours Class B and C assets catering to what it calls “Canada’s stable and tenacious” workforce.
health care

Canadian Facility Management & Design

Guidelines inform resilient healthcare facilities 

Newly released guidelines offer a standard for approaching the planning and designing of healthcare facilities from a resiliency perspective.
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Canadian Apartment Magazine

Development-led evictions add to housing woes

New CMHC data explores the prevelance and implications of development-led evictions and other trends impacting Toronto's rental housing landscape.
Property tax premiums loom for non-resident purchasers and owners of Nova Scotia residential properties

CondoBusiness

Property tax premiums loom in Nova Scotia

Nova Scotia’s new provincial government is signalling looming surcharges for residential property purchasers and owners who pay their income tax in other jurisdictions.
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.
hotel

Canadian Property Management

Canadian hotels await post-pandemic recovery

Canadian hotels still aren’t making the Dean’s list for investment performance, but market analysts appear confident that rallying conditions are pushing the sector in a positive direction.
Ontario's civic building inventory scrutinized for asset condition

Canadian Facility Management & Design

Civic building inventory lags on capital repair

Ontario’s civic building inventory has fallen the farthest behind on capital repair among seven categories of municipal infrastructure assets scrutinized in a newly released report from the Financial Accountability Office of Ontario.
EV chargers

CondoBusiness

Scanning the road ahead for EV-ready condos

As the country moves to accelerate the adoption of electric vehicles, questions are brewing among people living in multi-unit dwellings.
remote work

Canadian Facility Management & Design

A cybersafe return to the workplace

At last, our buildings are ready to catch up with the conveniences and expectations that future users have come to expect in the 21st century—and COVID has been the much-needed accelerant for this transformation in the building industry.
Investors avidly pursuing industrial properties

Canadian Property Management

Investors avidly pursuing industrial properties

Market analysts anticipate more capital flowing into the sector as vacancies tighten and rental rates rise, and they warn that available space is nearing depletion in Vancouver, Toronto and Montreal if leasing continues at the recent pace.
condo collapse

CondoBusiness

Could a Florida condo collapse happen in Ontario?

How would this scenario unfold in Ontario? Leaving aside the construction process itself, there are vast differences between Ontario and Florida condominium laws that would have given the Champlain towers significant added protections following registration.
CMRAO

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.
Retrofit proponents must contribute 20 per cent equity capital to tap into the Canada Infrastructure Bank's fund for commercial buildings

Canadian Property Management

Retrofit funds tied to equity capital prereq

Retrofit proponents unable to contribute at least $6.25 million in equity capital will have to look to third-party interveners in order to tap into the Canada Infrastructure Bank’s $2-billion fund for commercial buildings.