REMI Network - Financial Management
REMI

Financial Management

condo finances

CondoBusiness

Condo finances feel the COVID effect

The pandemic has altered an interesting and often overlooked item in the budget, which is not a cost at all, but a loss of revenue.
GTA rental rates

Canadian Apartment Magazine

GTA rental rates show signs of levelling out   

The rapidly declining GTA rental rates observed in 2020 and early 2021 appear to be levelling out, according to new data from Bullpen Research & Consulting and Rentals.ca.
Securities regulators scrutinize ESG investing

Canadian Property Management

Securities regulators scrutinize ESG investing

Securities regulators wish to confirm that the representations registrants are making about the incorporation of ESG principles in their investment decision-making processes are consistent with their actual policies and procedures.
Light industrial set for a heavy property tax hit

Canadian Property Management

Light industrial set for heavy property tax hit

Economic fallout from COVID-19 is shifting more of the tax burden to this flourishing group of assets via the mill rate, while also driving up the tax rate, for a double-whammy of consequences in jurisdictions that update valuations annually.
FM

Canadian Facility Management & Design

Pandemic intensifies evolving role of FM

Facility managers are no longer viewed as a back-office function, but rather “a strategic instrument to attract and retain talent and create a great experience,”
elevator repair

CondoBusiness

Ontario advances elevator repair legislation

Ontario is kicking the dust off of elevator repair legislation, which was passed under the Liberal government in May 2018 but never proclaimed into law.
risk worksafebc

Canadian Apartment Magazine

The rising cost of multi-residential construction

Multi-residential construction costs are rising in Canada due to the pandemic’s impact on everything from labour and material costs to shifting supply and demand dynamics.
downtown plan

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.
mentorship

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.
worksafebc

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.