A temporary adjustment to Ontario’s electricity pricing scheme eliminates cost-saving opportunities that many operators of large commercial buildings were anticipating this summer.

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.

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 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.

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.

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.

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.

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

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.

Commercial real estate operators are seeking advice across a wide spectrum of expertise as they deploy their crisis management, business continuity and recovery plans.

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.

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.

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

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.

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.

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