Industry News

Rize Alliance

REMI Network

Rize Alliance introduces new rental property division

Rize Alliance has unveiled Comma Properties, a new division focused on building better rental communities across the Lower Mainland and LA.
mental health

REMI Network

Fewer Canadians report ‘sense of belonging’ at work 

More than half of Canadians are doing their job when feeling unwell on a weekly basis. The mental health scores among this group are significantly below those who report never working while feeling unwell.
federal election

Canadian Apartment Magazine

Justin Trudeau promises “real and important change”

Liberal Leader Justin Trudeau has been elected for a third term, with a vow to deliver "real and important change" on issues such as housing affordability and chronic rental undersupply.
BOMA BEST criteria revised for multifamily buildings

Canadian Apartment Magazine

BOMA BEST criteria introduce multifamily tweaks

Landlords and condominium corporations participating in the BOMA BEST environmental performance benchmarking and certification program will have to comply with an expanded list of best practices.
remote building inspections

Canadian Facility Management & Design

Remote building inspections to get code clarity

A proposed amendment to the Ontario Building Code would explicitly allow for alternatives to building inspectors’ physical presence on construction sites.
Ontario regulation sets deadline for energy-use data availability via the Green Button program

Canadian Property Management

Deadline set for energy-use data availability

A newly filed regulation instructs Ontario's electricity and gas distributors to be ready for the province-wide rollout of the Green Button program by November 2023.
Glenbow Museum

REMI Network

Calgary’s Glenbow Museum begins massive overhaul

Calgary's Glenbow Museum kicked-off a three-year, $120-million renovation that will eliminate barriers to accessibility never considered when the building was designed in the 1970s.
multifamily investment

Canadian Apartment Magazine

Multifamily investment remains red hot: JLL

Canada's multifamily investment volume is up 36 per cent on the 5-year quarterly average, according to JLL’s 2021 mid-year report.
Buildings urged to brandish orange for Truth & Reconciliation Week

Canadian Facility Management & Design

Buildings urged to brandish orange Sept. 30

Orange is the designated colour to show support and build awareness within commercial and institutional buildings as Canada prepares to mark its first official National Day for Truth and Reconciliation.
Saskatchewan ends exemptions for smoke and CO alarms in older residential buildings

Canadian Apartment Magazine

Sask ends exemptions for smoke and CO alarms

Saskatchewan landlords and homeowners will have to install smoke and carbon monoxide (CO) alarms in older residential buildings that were previously exempt. Enforcement begins July 1, 2022.
Ontario to give license on commercial mortgages

Canadian Property Management

Ontario to give license on commercial mortgages

Sophisticated borrowers and lenders will be able to negotiate commercial mortgages through unlicensed channels if proposed regulatory amendments are enacted in Ontario.
real estate deals on record pace in Q2 2020

Canadian Property Management

Real estate deals hit record volume in Q2

Nearly $14 billion worth of commercial real estate transactions closed in the second quarter of 2021, making it Canada’s most active quarter ever for non-M&A investment volume.
M2M SQUARED

REMI Network

M2M SQUARED helps fill multi-gen housing gap

The design for M2M SQUARED will almost double the amount of two-bedroom and up units compared to many residential projects in the Greater Toronto Area.

REMI Network

New vision for amenity spaces emerges at Leaside Common

Leaside Common will feature a shared open space on each floor that brings both sides of the development together.

Canadian Property Management

New role with ongoing purpose for Bala Gnanam

Bala Gnanam has joined the staff of the Building Owners and Managers Association (BOMA) of Canada as vice president, sustainability, advocacy and stakeholder relations.
housing plan

Canadian Apartment Magazine

Economists skeptical of federal government’s housing plan

The majority of economists on Finder’s BoC Interest Rate Forecast panel say the federal government’s housing plan won't do enough to solve Canada’s housing crisis.
Kelowna portfolio CAPREIT

Canadian Apartment Magazine

CAPREIT acquires apartment portfolio in Kelowna B.C.

CAPREIT announced it has completed the purchase of a Kelowna portfolio consisting of four new low-rise apartment buildings.