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Canadian Apartment Magazine

CMHC, VCIB join forces to create affordable housing

CMHC and Vancity Community Investment Bank (VCIB) announced a ground-breaking collaboration to create affordable housing solutions across Canada.

Canadian Property Management

TCFD appears embedded in accountability Act

Newly tabled federal legislation would commit the Canadian government to set five-year targets and report progress in reaching the stated goal of net-zero emissions by 2050.

Facility Cleaning & Maintenance

Inquest to examine 2009 scaffolding collapse

An inquest into the circumstances of the four construction workers' deaths is mandatory under Ontario's Coroners Act. A construction site supervisor has already been convicted.

REMI Network

Housing markets sinking despite rising prices, report finds

Housing markets are falling deeper into a slump despite increasing property prices, suggests a new report by The Real Estate Investment Network.

Canadian Property Management

GRESB swaps GBCI umbrella for B-Corp status

The global benchmark for ESG performance of commercial real estate portfolios and infrastructure investments has reacquired its independence and established a non-profit foundation to oversee standards development.

Canadian Apartment Magazine

Starlight acquires tallest rental development in Western Canada

Skyline has completed the acquisition of Western Canada's tallest rental development, a high-rise, mixed-use, multi-residential building comprised of 398 rental units.

REMI Network

Seismic rebuild planned for Museum of Anthropology

The Museum of Anthropology at UBC has begun preparations for a rebuild of its iconic Great Hall that will upgrade the resiliency of the space and protect its collection in the event of a major earthquake.

Canadian Apartment Magazine

B.C.’s freeze on rent extended to July 2021

The Province of B.C. announced it has extended the freeze on rent increases until July 10, 2021, an announcement that comes as concerning news to the region's rental housing sector.

Canadian Apartment Magazine

Average rent down 8.1% in Canada: October 2020

New rental data for October 2020 shows that average rents are down in most large metros, particularly for smaller luxury units located in busy neighbourhhoods.

Canadian Apartment Magazine

Highstreet, Skyline Living celebrate opening of new Vernon property

Highstreet Ventures and Skyline Living recently celebrated the grand opening of their new Vernon property, Creekview Heights Apartments.

REMI Network

Ontario invests extra $761-mil into long-term care

The investment comes from the province's new funding model that helps accelerate the construction of urgently needed long-term care projects.

CondoBusiness

New tax credit may apply on common area upgrades

The one-time tax credit applies on eligible capital improvements made in 2021 to safeguard seniors and enable mobility and independence within their current principal residence.

Canadian Property Management

Ontario wires commercial evictions on/off switch

A proposed amendment to the Commercial Tenancies Act, included in Ontario's budget bill, would allow the Minister to impose future COVID-19-related prohibitions on commercial evictions via regulation.

REMI Network

Grant applications open for Elaina’s Sustainability Fund

Elaina's Sustainability Fund, by the Institute of Real Estate Management Foundation, is now accepting applications for funding to support green real estate management initiatives.

Canadian Property Management

CREST awards celebrate sustainability gains

While teams are still focused on an electricity-saving target, the race2reduce, sponsored by BOMA Toronto, has now expanded its mandate to include water, gas, solid waste and overarching climate leadership.

REMI Network

Design guidelines for winterizing outdoor seating

Outdoor spaces have played a large role in sustaining the economy during the pandemic. The ICC has published new guidelines for winter.

REMI Network

SmartCentres gets approval to transform Cambridge property into residential units

SmartCentres is now officially building a residential community in Cambridge, Ontario on its 73-acre property that was previously zoned for strictly retail use.