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Canadian Property Management

More electricity price adjustments for Ontario

For now, residential and small business customers enrolled for either time-of-use (TOU) rates or tiered pricing under the provincial regulated price plan will be charged the off-peak TOU rate of 8.5 cents per kilowatt-hour for all electricity consumption.
foreign buyers

CondoBusiness

Vacant dwellings yield revenue gains for B.C.

Resident British Columbians own about 30 per cent of the properties subject to the speculation and vacancy tax, but account for just 6.6 per cent of collected revenue.
RentCafe insurance

Canadian Apartment Magazine

Evicting tenants during a pandemic

As COVID-19 cases continue to surge across the nation, the dispute over whether evicting tenants is ethical has reached fever pitch.
Office vacancy rates rose in all major Canadian markets in Q4 2020

Canadian Property Management

Office vacancy rates climb with Q4 sublets

Industrial availability tightened from the third quarter in eight of the 11 surveyed markets, ending the year at well below 2 per cent in Vancouver and Montreal and below 1 per cent in Toronto.
substance

CondoBusiness

Mental illness in condos amid a pandemic

The role a condo corporation plays in the life of a resident struggling with mental illness can often be a delicate matter.

Canadian Apartment Magazine

A hopeful outlook for Canada’s rental market

As the average rent in Canada hit a record low of 9.1 % from a year ago, analysts share a hopeful outlook for Canada's rental market in 2021 and beyond.

Canadian Property Management

Fire code updates demand steady upkeep

Although they increasingly rely on professional service providers to keep up with the complexities of compliance, owners/managers ultimately carry the responsibility for life safety and bear the brunt of enforcement.

Canadian Apartment Magazine

Tenant screening in the age of COVID

As COVID-19 continues to threaten Canadians, it is crucial that landlords have the right tenant screening systems in place to attract the ideal resident.

CondoBusiness

The GTA condo market: its not all bad news

The Greater Toronto Area’s condo market hasn’t emerged completely unscathed. But it’s not all bad news.

Canadian Property Management

COVID-19 related investment unveiled

The commercial real estate, facilities management and construction/retrofit sectors appear poised to capture a share of the spending announced in the Canadian government’s fall economic statement.

Canadian Facility Management & Design

Innovative workspaces reinvent Royal Bank Plaza

The Royal Bank Plaza is now looking to entice a new generation of tenants—small- to medium-sized tech companies.

Canadian Apartment Magazine

Multifamily energy performance typically vexing

Multifamily and industrial properties are routinely lumped together as favoured investment assets, but asset managers face divergent degrees of difficulty when they seek to mine value from energy performance.

Canadian Facility Management & Design

The rise of the hybrid office

Ultimately, the hybrid office will have at its heart a planning principle based on people rotating in and out of the office, with flexible schedules they have more control over than ever.

Canadian Facility Management & Design

Rethinking the demands of facility operations

Facility owners and managers must rethink the demands of existing operations and systems to deal with rapidly fluctuating capacity.

CondoBusiness

Chargebacks and lessons learned in 2020

Condominiums need to be careful when they decide to chargeback costs to an owner and must ensure they have the legal right to do so before they start lien proceedings.

Canadian Property Management

GRESB adjusts 2020 path to the stars

More than 50 per cent of participating Canadian portfolios were grouped in the top two brackets of results, with 11 earning 5-star status and six attaining a 4-star rating.

Canadian Apartment Magazine

Parcel deliveries create more woes for landlords

With many regions in the throes of a second lockdown and the holiday season well underway, landlords must have a sound policy on parcel deliveries.