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B.C. condo owners see rise in assessed value for 2022

CondoBusiness

B.C. condo owners see jump in assessed value

Surging values for single-family homes are far outstripping condo gains, but average assessed values for strata residential properties rose anywhere from 7 to 29 per cent across 19 jurisdictions in the lower mainland.
parking

REMI Network

New parking standard eases condo construction costs

In a move that will ultimately reduce building costs and GHG emissions, Toronto city council ditched most requirements for new residential developments to provide a minimum number of parking spaces.
heritage buildings evoke Canadian excellence

Canadian Facility Management & Design

Heritage buildings evoke Canadian excellence

Three newly named members of the Order of Canada have been recognized for their exemplary contribution to the preservation and rejuvenation of heritage buildings.
lockdown relief temporarily more generous

Canadian Property Management

Lockdown relief temporarily more generous

Federal rent and wage subsidies will be open to an expanded range of applicants who are subject to pandemic-related constraints during the eight-week period from Dec. 19, 2021 to Feb. 12, 2022.
cabinet

REMI Network

Ontario returning to modified Step 2 of reopening

 The Ontario government announced it is temporarily moving to a modified version of its “Step 2” in the roadmap to reopening in an effort to control the surging Omicron variant.
rent growth

Canadian Apartment Magazine

Rental market fundamentals forecast to strengthen

Morguard’s 2022 Economic Outlook report predicts Canada's rental fundamentals will improve in 2022 with the easing of pandemic restrictions.
COVID-19 restrictions

REMI Network

B.C. announces new COVID-19 restrictions

The Province of B.C. announced new COVID-19 restrictions that will take effect this evening, Wednesday, December 22, 2021, at 11:59 pm.
housing

Canadian Apartment Magazine

Forum Equity Partners launches “REIIF” fund

Forum Equity Partners announced it has launched "REIIF", a private, open-ended fund focused on Canadian residential rental real estate.
Washington

Canadian Apartment Magazine

RISE Properties closes 2021 with 7th acquisition

Victoria-based RISE Properties Trust has finished off a busy year with the purchase of its seventh rental property located in the Pacific Northwest.
Seniors' facilities get specially tailored benchmarking tool

Canadian Facility Management & Design

Green scorecard planned for seniors’ facilities

Long-term care homes and retirement residences in Ontario are getting an environmental performance benchmarking tool specially tailored for seniors’ facilities.
housing market

Canadian Apartment Magazine

New report urges Ontario to end exclusionary zoning

The Toronto Region Board of Trade has released a report outlining how Ontario can eliminate exclusionary zoning in most residential neighbourhoods.
Office IAQ best practices up for consultation

Canadian Property Management

Air filtration improvements in line for rebate

As announced in the federal Economic and Fiscal Update, small businesses could qualify for a refundable tax credit of up to $10,000 per project on qualifying investments in air filtration and HVAC systems.
RECA

Canadian Property Management

Real estate lending set to ramp up in 2022

More than two-thirds of Canadian lenders participating in CBRE’s recent annual survey indicated plans to increase allocations to real estate, equating to an estimated 10 to 20 per cent boost in availability of capital.
long-term care COVID

REMI Network

Ontario announces new protocals for long-term care homes

The Ontario government announced it will be implementing new measures at long-term care homes to protect vulnerable residents from the omicron variant.
cybersecurity

REMI Network

Survey flags cybersecurity ignorance among Canadians

Some hotspot providers quietly track millions of users’ whereabouts even after they have left the establishment.
renter income

Canadian Apartment Magazine

Average rents projected to rise in 2022

Forecast calls for average rents in Toronto to bounce back 11 per cent next year, six per cent in Vancouver, and five per cent in Montreal.
Brampton

REMI Network

UBC expedites net-zero target

A new climate action plan at the University of British Columbia aims to accelerate emissions reductions and achieve net-zero emissions by 2035—15 years ahead of