REMI

Management

Alberta to tighten grip on public sector facilities managers

Canadian Facility Management & Design

Alberta to tighten grip on public sector FMs

The Alberta government is moving to tighten its grip on public entities that are defined as “creatures of the province,” yet have conventionally had leeway to seek and accept direct federal investment.
Resilience still lacks climate action profile

Canadian Property Management

Resilience still lacks climate action profile

Climate change adaptation measures are typically viewed as risk management rather than levers for investment returns, but they are inherently linked to building and portfolio value.
Potential property tax relief looks uneven

Canadian Apartment Magazine

Potential property tax relief looks uneven

A potential incentive for new purpose-built rental housing in Ontario comes with adverse implications for existing multifamily properties, thanks to the mathematics of property tax allocation.
depreciation reports

CondoBusiness

Considerations for deferring capital project work

The industry panel discussed what capital repairs and replacement costs could potentially be deferred by prolonging the life of various building components and what professional resources to seek for guidance.
Defaulted real estate loans on the upswing

Canadian Property Management

Defaulted real estate loans on the upswing

Many creditors and debtors are now grappling with the fallout from a largely unexpected change in market conditions over the course of their loan agreements.
Energy storage prompts battery of precautions

Canadian Property Management

Energy storage prompts a battery of precautions

In step with the projected surge in energy storage installations, fire safety advisors are actively working to help clean tech adopters understand and mitigate the risks.
Taxing debate awaits Toronto commercial parking

Canadian Property Management

Taxing debate awaits Toronto commercial parking

Debate about a proposed surcharge on commercial parking spaces in Toronto has been deferred until City Council begins to consider 2025 budget measures.
Tenant lounge

Canadian Facility Management & Design

Tenant lounge reborn from vacant retail space

A former convenience store, adjacent to the lobby inside a downtown Toronto office tower, has been transformed into a private 1920s-style Art Deco lounge for tenant meetings and events.
WELL

CondoBusiness

WELL evolves into residential communities

Minto Communities is the first developer in Canada to pilot the WELL for residential program, which sets out to create healthier homes.
Clean energy projects serve mix of purposes

Canadian Property Management

Clean energy projects serve mix of purposes

Clean energy projects present a burgeoning means for Indigenous peoples to assert stewardship of natural resources, nurture sustainable economic growth and curb reliance on fossil fuels.
accessibility

Canadian Facility Management & Design

Canada far from meeting accessibility goals

Federally-regulated organizations will need to prioritize specific actions that advance accessibility and disability inclusion by 2040.
Exposure to U.S. office loans grows unsettling

Canadian Property Management

Exposure to U.S. office loans grows unsettling

Regional and mid-sized banks in the United States are considered most vulnerable to losses on commercial real estate loans, particularly those tied to that country’s shaky office sector.
State of good repair lags in Toronto

Canadian Facility Management & Design

State of good repair lags in City of Toronto

Toronto is backsliding on the upkeep of municipal facilities, with a state of good repair backlog that’s projected to surpass $1 billion this year and then continue accumulating to nearly $1.47 billion by 2033.
Investment returns show slipping values in 2023

Canadian Property Management

Investment returns show slipping values in 2023

Canadian investment returns for 2023 show retail improvement, industrial deceleration and continuing office value decline, as capital loss balances out income growth for a flat total return.
Place Versailles

Canadian Apartment Magazine

The push for more purpose-built rental housing

Strong rental demand continued to outpace supply in 2023 resulting in less available purpose-built rental apartments and lower affordability, according to new report from CMHC.
Passive House

Canadian Facility Management & Design

A first Passive House retrofit in Halifax

Once complete, it will serve as an inspiration for others pursuing deep retrofits of existing buildings, an endeavour that offers the most hope for reducing greenhouse gas emissions in Halifax.
CRE fosters all-in approach to decarbonization

Canadian Property Management

CRE fosters all-in approach to decarbonization

Daunting net zero targets in the buildings sector are spurring an all-in approach to decarbonization that assigns roles to finance, engineering, management and operational teams.