Apartment
Canadian Apartment Magazine
Apartment rent trends reflect EU holidaying dip
Analysts link the upward trajectory of rents for Paris availabilities to an influx of higher-priced units previously marketed for short-term uses rather than to competition for accommodation.
Canadian Apartment Magazine
Quebec residential rent increase margins tighten
Residential landlords in Quebec face tighter rent increase margins for 2021, particularly if their buildings are centrally heated with gas or oil.
Canadian Apartment Magazine
More low-income renters qualify for Sask benefit
Low-income renters in Saskatchewan’s private housing market are newly eligible for the same subsidy introduced in April 2020 for tenants in not-for-profit accommodations.
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 Apartment Magazine
Low-income households foiled on energy savings
Prince Edward Island and Nova Scotia are the top spenders to alleviate energy cost pressures on low-income households among Canadian provinces.
Canadian Property Management
Bond rate signals to institutional investors
A 100 basis point slide in the 10-year Canada bond rate over the course of the COVID-19 pandemic contributes to real estate’s continuing allure for institutional investors.
CondoBusiness
New tax credit may apply on common area upgrades
The one-time tax credit applies on eligible capital improvements made in 2021 to safeguard seniors and enable mobility and independence within their current principal residence.
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.
Canadian Apartment Magazine
Superintendents’ rare pay status challenged
Added demands of COVID-19 haven’t necessarily come with a commensurate boost in earnings for a workforce among the minority of Ontario employees exempt from a mandated minimum wage.
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
Edmonton firm wins IREM award of excellence
Edmonton-based Ayre & Oxford Inc. is doubly celebrating its 25th anniversary in the real estate management business and its newly received Real Estate Management Excellence (REME) Award.
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.
Canadian Apartment Magazine
Preference for multifamily assets signalled
Under COVID-19-induced pressure, investors, lenders and public markets are signalling a preference for multifamily assets. The asset class was the top attractor of investment dollars in Canada’s commercial real estate market during the first half of 2020.
Canadian Apartment Magazine
Deduction rules broadened for 2020 income taxes
The Canada Revenue Agency is expected to align with Revenu Québec in allowing employees to claim expenses for working from home during the COVID-19 pandemic, including for a "reasonable" portion of rent.
Canadian Property Management
Investment deal resumption foreseen for Q3
Static cap rates reflect limited transactions in the second quarter of 2020, but commercial real estate analysts express confidence that asset values are holding under COVID-19-related pressures.
CondoBusiness
Ontario Electricity Rebate applied unevenly
Many hydro accounts specifically tied to the common areas of multi-residential buildings will no longer qualify for the 31.8 per cent rebate beginning in November 2020.
CondoBusiness
Accommodation costs unnerve younger households
Financial uncertainty related to COVID-19 appears to be weighing more heavily on younger households than other homeowners and renters.






