Financial Management
CondoBusiness
Real estate flies red flags of money laundering
Some of the signals of potential malfeasance in real estate transactions are not obvious or only appear ominous when they are part of a pattern of questionable conduct.
Construction Business
Alberta enables long-term property tax breaks
Newly adopted amendments to Alberta's Municipal Government Act extend provisions that were initially devised to support the rejuvenation of derelict brownfields to all non-residential properties.
Canadian Apartment Magazine
Backlog plagues Quebec rental housing regulator
Quebec's largest rental housing association maintains fewer cases would go to la Régie du logement if landlords were entitled to ask for security deposits.
Canadian Apartment Magazine
Rent sticker shock awaits Canadians in the U.S.
Asking rents in the five largest American cities of New York, Los Angeles, Chicago, Houston and Phoenix appear moderately to dramatically steeper than Canadian tenants typically pay.
CondoBusiness
Manitoba sticks to optional new home warranty
After first postponing the date the legacy legislation from its predecessor would come into force, the provincial government now plans to repeal the New Home Warranty Act.
Canadian Property Management
B.C. affirms uneven split of hydro system costs
It's estimated that equitable apportionment could push residential rates 2.2 per cent higher than the proposed 1.8 per cent increase for fiscal year 2020, while commercial rates would drop and industrial rates remain the same.
Canadian Facility Management & Design
Ontario cues agenda for industrial properties
The action is included in a list of initiatives associated with Bill 66, the proposed Restoring Ontario's Competitiveness Act, even though none of the bill's dozens of legislative amendments pertain to the Assessment Act.
Facility Cleaning & Maintenance
The dos and don’ts of winter floor care
Floor care is an important part of maintaining a facility's image and safety. It's a big task year-round, but it can be a challenge particularly in the winter.
Canadian Property Management
Some drag in buoyant 2018 investment returns
A surging industrial sector helped to counterbalance slipping retail values and push up 2018 investment returns on Canadian commercial real estate.
Canadian Apartment Magazine
Renovating your apartment: Is it worth it?
Renovations or retrofits to an investment property that increase rents and/or decrease operating costs may also increase a property’s value. Cost and value, however, are not synonymous, and not all renovations are as profitable as one might expect.
Canadian Apartment Magazine
Plugging in to the benefits of energy storage
A sharp rise in energy costs and strict sustainability mandates have been spurring business owners to explore alternative solutions for decades. Could on-site energy storage be the next green ticket?
Canadian Property Management
Few favours for commercial ratepayers in 2018
Tax ratios for 11 of Canada's largest cities demonstrate that commercial ratepayers consistently carry a disproportionate share of the municipal property tax burden.
Canadian Property Management
REALPAC calls for smoothing of tax inequities
An illogical quirk in the apportionment of business education tax continues to undermine competitiveness for some of Ontario's major cities, advocates for the commercial real estate sector maintain.
Canadian Property Management
Developers decry pullback on property tax grant
Rules for the program are set to change, making the timing less than ideal for development proponents still awaiting a decision based on the original criteria in place when they submitted their applications.
Canadian Property Management
Balancing the risks to commercial real estate
Senior ranking valuation specialists agreed that new uncertainties around fraying trade agreements, political instability and climate volatility have broadened the scope of their worries well beyond rising interest rates.
Canadian Property Management
Real estate vulnerable to Canada-U.S. trade war
High-rise development is expected to be the hardest hit real estate activity, but fallout across a wider range of consumer goods has potential negative implications for commercial warehouse and distribution facilities.
Canadian Apartment Magazine
Investment property imperils preferred tax rate
The new rules capture the demographic of investors who own small low-rise residential or mixed-use commercial-residential buildings as a sideline to their main business ventures.


