Provincial

reserve funds

CondoBusiness

Reserve funds ignore climate target impacts

We should be asking our reserve fund planners to look at the Paris accord target dates and compare the end-of-life replacement of our gas-burning appliances against the target dates.
Ontario's civic building inventory scrutinized for asset condition

Canadian Facility Management & Design

Civic building inventory lags on capital repair

Ontario’s civic building inventory has fallen the farthest behind on capital repair among seven categories of municipal infrastructure assets scrutinized in a newly released report from the Financial Accountability Office of Ontario.
EV

CondoBusiness

Scanning the road ahead for EV-ready condos

As the country moves to accelerate the adoption of electric vehicles, questions are brewing among people living in multi-unit dwellings.
Residential Tenancies Act

Canadian Apartment Magazine

Amendments to the Residential Tenancies Act

Updates to the Residential Tenancies Act (RTA) are coming September 1, 2021, and Ontario landlords are advised to take note.
condo collapse

CondoBusiness

Could a Florida condo collapse happen in Ontario?

How would this scenario unfold in Ontario? Leaving aside the construction process itself, there are vast differences between Ontario and Florida condominium laws that would have given the Champlain towers significant added protections following registration.
fire code

CondoBusiness

Condos lag on fire code compliance

Fire plans may need an overhaul as the resident population ages, building systems are updated, and renovations alter the layout of floors or rooms.
disclosure

Canadian Property Management

Heat is on for electricity demand projections

Electricity demand projections through the vaccination rollout period should take two contradictory factors into account, energy management specialists affirm.
Commercial customer's grapple with Ontario's electricity cost allocation

Canadian Property Management

Parsing Ontario’s electricity cost allocation

After a year of operational upheaval and more modifications to electricity pricing policies, BOMA Toronto’s annual workshop to address the complexities of the global adjustment had a lot of ground to cover.
Light industrial set for a heavy property tax hit

Canadian Property Management

Light industrial set for heavy property tax hit

Economic fallout from COVID-19 is shifting more of the tax burden to this flourishing group of assets via the mill rate, while also driving up the tax rate, for a double-whammy of consequences in jurisdictions that update valuations annually.
elevator repair

CondoBusiness

Ontario advances elevator repair legislation

Ontario is kicking the dust off of elevator repair legislation, which was passed under the Liberal government in May 2018 but never proclaimed into law.
residential landlords COVID-19

Canadian Apartment Magazine

Weathering the 3rd wave of COVID-19

As COVID-19 variants surge throughout the country, what do the latest lockdown measures mean for residential landlords?
SAIT partnership

CondoBusiness

Digging into the coming geothermal boom

While the relevance of geothermal has been percolating for years, the buzz is that more developers are starting to pay attention.
New flat rates for Ontario elevators licenses

Canadian Apartment Magazine

New fee model for Ontario elevator licenses

The flat license rate will penalize mid-rise and high-rise owners with extra costs if an elevator passes the periodic inspection and does not require a follow-up. It will be a bargain if just one follow-up inspection is required.
Ontario endorses competitive mechanisms to trim the price-point of energy efficiency spending

Canadian Property Management

Ontario to stretch energy efficiency spending

A new slate of conservation and demand management (CDM) programs allocates $456 million for commercial, institutional and industrial consumers over the four-year period from 2021-24.
More electricity price adjustments for Ontario

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.
Fire code updates demand ongoing vigilance

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.