CERS will deliver direct rent support to qualifying tenants without the need to work though their landlords. As a direct subsidy, unlike CECRA, no loan agreement is required.

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

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

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.

Canada Emergency Commercial Rent Assistance will be offered for a sixth month. The announcement comes eight days after the portal for new applications for the relief program appeared to be closed.

With the August 31 deadline for first-time applications for Canada Emergency Commercial Rent Assistance (CECRA) now passed, the three-month program that evolved into five months of relief is closed to new recipients.

Black leaders are mostly absent from Canadian boards of directors, according to a new report from Ryerson University's Diversity Institute.

Sunnybrook Hospital has become the first healthcare facility in Toronto to welcome honeybees to its 100-acre property.

There is plenty of uncertainty and little consensus on the economic outlook for Canada and the United States. It is becoming clear that it will not be a V-shaped recovery, and it is more likely to be uneven and prolonged.

Results of a wide-ranging survey show many major Canadian commercial real estate players braced for the erosion of consumer confidence, tenant solvency and their own investment returns.

While many condos haven’t yet experienced the major effects of climate change, statistics and case studies foreshadow the impacts that could come.

Commuters’ willingness to jump on the bus, light-rail car or subway is expected to be a driving factor in repopulating office space in some major North American markets, including Toronto, Montreal and Vancouver.

The office remains a preferable environment for the majority of workers who find working from home every day an unfavourable option.

Collaborative spaces will take on new importance as flexibility remains a key factor moving forward when reinventing and reopening the workplace.

Thus far, in most markets, there’s been no spurt of office sublets or rent discounts that conventionally signify an economic downturn, but there has been a flurry of conjecture about the forces COVID-19 may have unleashed.

The CECRA program is voluntary. Not all eligible landlords will necessarily take advantage of this program for various reasons.

COVID-19 is expected to push cobotics to the forefront of cleaning as facilities prioritize health and safety more than ever.