Financial Management
CondoBusiness
Special assessments foreseen as CPI rises
Coming out of an extended period of low inflation, many condo boards will confront reserve fund shortfalls as the consumer price index now pushes up toward 7 per cent.
Canadian Facility Management & Design
Going fully hybrid at HSBC’s new Toronto office
On a Friday morning, in HSBC Bank’s new corporate office at 16 York in downtown Toronto, sit-stand desks and meeting rooms are dotted with workers who’ve returned from pandemic lockdowns.
Canadian Property Management
Commercial leases attract political attention
Both the NDP and Green parties float concepts for standardized lease agreements and rent control guidelines in their recently released platforms for the June 2 Ontario election..
Canadian Property Management
Electricity price embedding cycle begins anew
Ontario’s large commercial customers will have somewhat more straightforward parameters for carving out their share of the global adjustment as they prepare for expected summer peak demand.
Canadian Facility Management & Design
Inside a Passive House first in Surrey, B.C.
Designing the Clayton Community Centre to become Passive House certified for ultra-low energy use was no easy feat, especially since the international standard had never been pursued for this type of facility in North America.
CondoBusiness
Condos at high risk from reserve fund shortfalls
The growing crop of condo owners across Canada will likely encounter huge annual fee increases and lump-sum payments due to low reserve fund contributions, authors of a new research report are warning.
Canadian Property Management
Business case assumptions evolve alongside ESG
Investors and lenders are expected to increasingly focus on the physical and transitional risks of climate change, in turn upending some conventional views of costs and value.
Canadian Apartment Magazine
What’s your risk management story?
Owners of multi-residential properties will need to demonstrate best-in-class risk management and maintenance to secure even baseline coverage in 2022.
Canadian Facility Management & Design
York Region piloting Passive House at new facility
A new men's emergency and transitional housing facility, set to rise in Aurora, Ontario, has opened the door to pilot-testing Passive House in York Region.
CondoBusiness
Snow and ice contractors brave insurance blizzard
Contractors working in the snow and ice management industry are facing a blizzard of challenges on the insurance side, or what many are calling a crisis.
Canadian Facility Management & Design
Ethics of workplace surveillance draws scrutiny
Organizations across Canada have increasingly turned to surveillance technologies during the pandemic as a way to monitor their employees' work behaviour.
Canadian Facility Management & Design
Ontario proposes pro-worker labour legislation
The real estate and property management industries may face particular hurdles with respect to implementing the proposed disconnecting from work policy.
Canadian Facility Management & Design
Smarter care at Vaughan’s first hospital
Through the doors of Cortellucci Vaughan Hospital, the first hospital to ever rise in Vaughan, Ontario, life’s health challenges are met with comfort, safety and lots of natural light.
Canadian Property Management
Overdue property reassessment raises alarm
Ontario’s overdue property reassessment is on hold until at least 2024, leaving many commercial ratepayers with a further wait to realize tax reductions from pandemic-related value erosion.
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.
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.
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.