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Canadian Apartment Magazine

Class A apartments hit hardest by pandemic

Although multi-residential housing is fairing better than other asset types, Class A apartments are feeling the strain of the pandemic. What will the road to recovery look like?

Canadian Property Management

Real estate makes space for climate capitalism

The 2020 race2reduce field boasts more than 1,730 buildings encompassing 248 million square feet of space in common areas and tenant premises — an increase from 650 buildings covering 95 million square feet in 2019.

REMI Network

BOMA Canada awards industry’s best for 2020

BOMA Canada hosted its annual—and first ever virtual—National Awards Gala on October 29, 2020, marking another year for the CRE industry.

Canadian Property Management

Property tax ratios epitomize commercial burden

The commercial property tax rate is at least double the residential rate in eight of the 11 surveyed cities, with commercial ratepayers in Montreal, Toronto and Quebec City shouldering the most disproportionate shares.

CondoBusiness

Condo design takes cue from commercial facilities

Designers and developers foresee a greater turn towards health and wellness in the condo design of tomorrow.

Canadian Property Management

Toronto and Vancouver outdo most U.S. markets

Canada has a numerically slight presence with disproportionate weight in Lee & Associates’ newly released third quarter commercial real estate results.

Facility Cleaning & Maintenance

COVID-19 is bringing common sense back to cleaning

The importance of education, communication, and getting the basics right has never been clearer.

Canadian Facility Management & Design

How will campuses change because of COVID-19?

Colleges and universities are questioning how much space will be needed in the future campus, how it will be operated, and how to make our built environment more healthy, sustainable and resilient.

Canadian Apartment Magazine

Downtown Toronto’s startling rise in vacancies

New data from Urbanation shows a sharp rise in vacancies in downtown Toronto's purpose-built apartments from 0.7 per cent in Q3-2019 to nearly 3 per cent today.

CondoBusiness

Rebate extension postpones hydro cost hit

The six-month extension comes with an improved rate since the discount on pre-tax electricity consumption and transmission/distribution costs will increase to 33.2 per cent on November 1.

CondoBusiness

How is COVID-19 impacting reserve funds?

Many reserve fund projects have not been able to proceed this year. Even now as construction has “opened up,” contractors have backlogs that will allow them to complete only some of the previously planned projects.

Construction Business

Claiming research and development tax credits

Valuable tax incentives, administered by the Canada Revenue Agency, for R&D are often worth hundreds of thousands of dollars.

Canadian Facility Management & Design

Closing the FM skills gap during COVID-19

It is critical that FMs be part of a back-to-work strategy to voice their ideas, suggestions and areas for improvement that can all be applied going forward.

Canadian Apartment Magazine

Student housing without the students

The lack of students to fill rental units near universities and colleges has Montreal student housing landlords looking for alternate solutions.

Facility Cleaning & Maintenance

FireSmart measures begin with maintenance

About 11 million people currently reside in Canada's wildland-urban interface areas, enjoying the benefits of proximity to forests and other natural features, but perhaps overlooking the perils.

Canadian Property Management

Canadian developers navigate uncertainty

The bulk of findings in the newly released Altus Group Global Property Development Trends Report are tied to opinions collected in early 2020 before COVID-19’s full hit landed in the world’s commercial real estate markets.

CondoBusiness

COVID-19 confounds electricity system models

After scrambling to recalibrate their models in the early days of COVID-19-related shutdowns, analysts with Ontario's Independent Electricity System Operator faced more uncharted territory when the hot weather arrived.