REMI Network - Industry News
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Industry News

housing system

Canadian Apartment Magazine

Scotiabank announces $10 billion commitment toward new affordable housing

Scotiabank announced it will be aligning with CMHC to mobilize $10 billion over the next ten years to support the creation of new affordable housing.
office

REMI Network

1 in 3 workers may quit if called back to office full time

About 33 per cent of professionals currently working from home due to the pandemic would look for a new job if called back to the office full time.
SaskPower offers rate relief for community ice rink operators

Canadian Facility Management & Design

Ice rink operators offered SaskPower discount

It’s actually too late for Saskatchewan’s ice rink operators to apply for the funding outlined in the 2021-22 provincial budget earlier this week, but they could still qualify for electricity rate relief this spring and summer.
own vs. rent

REMI Network

GTA home prices rise by up to 48% since COVID

Many people are relocating out of Toronto to the suburbs, driving home prices up. Here's where the highest appreciation is occurring.
Saskatchewan backs secondary rental suites

Canadian Facility Management & Design

Saskatchewan to tax EV owners for road upkeep

The 2021-22 Saskatchewan budget also commits more than $937 million to upgrade the provincial electricity system and nearly $175 million to underwrite an electricity rebate for SaskPower customers.
Mitchell

REMI Network

Property Management Institute of Canada partners with MediaEdge Communications

The industry partnership will develop a series of certificates leading to a Canadian Building Operator designation.
greenwashing

REMI Network

New CPP entity stretches meaning of sustainable

Canada Pension Plan Investment Board (CPP Investments) has rolled its holdings in energy, resources, power and renewables into a newly dubbed sustainable energy group with approximately $18 billion in assets.
office sublet activity slackens somewhat in Q1

Canadian Property Management

Pace of office sublet activity slackens in Q1

Industrial space got even tighter in Canada’s largest commercial real estate markets during the first quarter of 2021, while office sublet activity continued, but at a slower pace than in Q4 2020.
operational update

Canadian Apartment Magazine

Boardwalk shares positive operational update

Boardwalk REIT released a positive operational update highlighting indicators of economic recovery in the hard-hit Alberta market.
Quebec school maintenance budget gets top-up

Canadian Apartment Magazine

COVID aggravates Quebec social housing backlog

The 2021-2022 Quebec budget opens up an enhanced refundable tax credit for rental housing tenants aged 70 and older, and promises incremental upward adjustments over the next five years.
BentalGreenOak launches BGO Strategic Capital Partners

Canadian Property Management

Deal begets BGO Strategic Capital Partners

BentallGreenOak has acquired Metropolitan Real Estate Equity Management from the Carlyle Group.
Equiton

Canadian Apartment Magazine

Equiton acquires two Hamilton apartment buildings

Equiton announced it has completed the purchase of two apartment buildings in the Beasley neighbourhood of East Hamilton, Ontario.
National Day of Mourning

REMI Network

Ontario funds construction training in Hamilton

This support will reduce obstacles to hiring, training and retaining workers and apprentices, and reduce the stigma related to a career in the skilled trades to attract a new generation of workers.
antimicrobial

Design Quarterly

Green experts issue antimicrobial use warning

Green building organizations, architects, and scientists warn that building materials with added antimicrobials have no proven health benefit.
Post-COVID plexiglass surplus anticipated

REMI Network

Post-COVID plexiglass surplus to be repurposed

Building owners/managers recognize the looming challenge to sustainably decommission transparent panels once they get public health approval to take the smudge magnets down.
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Quebec employers encouraged to take on interns

Canadian Facility Management & Design

Quebec employers encouraged to take on trainees

Quebec employers will be eligible for an enhanced refundable tax credit if they employ and/or invest in training interns during the next 13 months.
tailgate toolkit

REMI Network

Canadians foresee mental health impacts persisting post COVID

Half of Canadians say the pandemic has had an ongoing impact on their mental health and more than four-in-10 think the impact will last long after the pandemic is over.