Barbara Carss

energy management paybacks

Canadian Property Management

Ontario stalls energy management paybacks

A temporary adjustment to Ontario’s electricity pricing scheme eliminates cost-saving opportunities that many operators of large commercial buildings were anticipating this summer.
Public disclosure of energy use and GHG intensity holds little appeal for building owners concerned about uninformed scrutiny

Canadian Property Management

Public disclosure could foil energy reporting

The City of Winnipeg has invited commercial building owners and institutional facility managers to affix their Energy Star Portfolio Manager results on a publicly accessible map.
Public transit wariness

Canadian Facility Management & Design

Public transit wariness makes the core edgy

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.
Proposal for mandatory airtightness testing withdrawn from pending 2020 version of National Energy Code

Canadian Property Management

Canada wavers on airtightness testing

The timing might have been opportune for uptake of the measure — provided it was adopted into provincial and territorial building codes — because it would have applied broadly in what is currently Canada’s most buoyant commercial real estate sector.
COVID-19 repercussions driving up global adjustment costs for commercial electricity customers

Canadian Property Management

COVID-19 incubates global adjustment 2021-22

For Class A consumers, cost-saving potential will be diminished even if they successfully curtail demand during the five peak hours since those peaks are expected to be lower than usual.
Solid pre-pandemic fundamentals underpin Canadian real estate market

Canadian Property Management

Solid pre-pandemic fundamentals buttress market

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.
Data centres gain traffic during COVID-19 related business shutdowns

Canadian Property Management

Data centres gain traffic missing from highways

At least 84 Canadian commercial buildings have been abuzz during protracted COVID-19-related business shutdowns. They house the data centres that have literally underpinned the continued functioning of the economy.
Ontario to offset electricity costs with fixed rate for global adjustment in April, May and June

Canadian Property Management

Ontario to temporarily offset electricity costs

Commercial and industrial electricity customers will pay the differential above 11.5 cents per kilowatt-hour in added monthly increments beginning in January 2021.
living walls

Canadian Property Management

Survival prospects upbeat for living walls

Like humans, living walls might be overdue for a trim, but few are imperilled in the now largely empty surroundings of commercial and institutional buildings.
COVID-19's black swan prompts rollout of business continuity and recovery plans

Canadian Property Management

Black swan triggers business continuity plans

Commercial real estate operators are seeking advice across a wide spectrum of expertise as they deploy their crisis management, business continuity and recovery plans.
Ontario electricity prices hold steady despite dropping demand

Canadian Property Management

Ontario electricity prices flout sliding demand

Despite a steep drop in province-wide energy consumption due to COVID-19 triggered business shutdowns, many building owners/managers expect a more modest flow-through dip in operating costs.
Postponed reassessment delays Ontario's next property tax cycle

Canadian Property Management

Ontario to delay next property tax cycle

The move was announced in response to the COVID-19 outbreak, but additionally opens a window to adjust the mechanics of the assessment process itself.
energy demand load shifts to residential sector

Canadian Property Management

Energy demand load shifts to residential base

The energy demand load has shifted in sync with much of Ontario’s workforce from commercial to home offices, prompting calls for suspension of time-of-use pricing during the current COVID-19 related upheaval
More rigorous energy performance standards for windows and doors proposed

Canadian Facility Management & Design

Windows and doors in the net-zero frame

A wider selection of high-performance windows and doors is expected to hit the market as Canada's National Energy Code continues to push the envelope toward net-zero-energy-ready development.
Industrial-retail seesaw

Canadian Property Management

Industrial-retail seesaw in play for investors

A 6.65 per cent average total return on the Canada Property Index's 2,723 directly held standing assets, scattered across eight major markets, cloaks significant variances between property sectors and from market to market.
value-add assets

Canadian Property Management

Turnaround tales of value-add assets

Prominent Canadian asset managers recently recounted their experiences in repositioning underperforming properties, offering insight on turnaround logistics and the role value-add assets play in investment strategies.

REMI Network

REMI Network wins 2 Canadian Online Publishing Awards

REMI Network editors captured awards at the 11th annual Canadian Online Publishing Awards (COPA) last night at the gala, held in Toronto.