Barbara Carss

Commercial leases attract political attention

Canadian Property Management

Commercial leases attract political attention

Both the NDP and Green parties float concepts for standardized lease agreements and rent control guidelines in their recently released platforms for the June 2 Ontario election..
Electricity price embedding underway for 2023-24

Canadian Property Management

Electricity price embedding cycle begins anew

Ontario’s large commercial customers will have somewhat more straightforward parameters for carving out their share of the global adjustment as they prepare for expected summer peak demand.
Ukrainian evacuees arrive to housing scarcity

Canadian Apartment Magazine

Ukrainian evacuees arrive to housing scarcity

Newcomers will be confronting Canada’s affordable housing shortage, while also dealing with potential trauma, language barriers and the general culture shock of unfamiliar surroundings.
Business case assumptions evolve alongside ESG

Canadian Property Management

Business case assumptions evolve alongside ESG

Investors and lenders are expected to increasingly focus on the physical and transitional risks of climate change, in turn upending some conventional views of costs and value.
Investors foresee sustained industrial rent growth

Canadian Property Management

Sustained industrial rent growth foreseen

Investors are expressing confidence in sustained industrial rent growth, as new supply is not expected to catch up with rampant demand any time soon.
multifamily rent slippage deemed temporary blip

Canadian Apartment Magazine

Multifamily rent slippage deemed temporary blip

Multifamily assets posted the largest year-over-year decline in net operating income among the four major sectors in the Canada Annual Property Index, while delivering a 7 per cent total return on investment for 2021.
REALPAC releases updated model green lease

Canadian Property Management

Updated model green lease attuned to the 2020s

REALPAC’s newly updated model green lease for Canadian office buildings introduces measures aligned with the broadening demand for ESG reporting and performance outcomes.
IAQ combos arresting airborne spread of COVID

Canadian Property Management

IAQ combos arresting airborne spread of COVID

Commercial building operators could use a combination of air exchange, filtration and purification to comply with the industry-leading guidance for arresting airborne spread of pathogens and contaminants.
decarbonization

Canadian Property Management

Canada’s clean energy efforts garner plaudits

The International Energy Agency commends Canada's targets and policies for reducing greenhouse gas emissions and identifies it as a potential key player in the transition to low-carbon energy sources
Stricken asset classes shaking off COVID

Canadian Property Management

Stricken asset classes now shaking off COVID

Office and retail were diagnosed as stricken asset classes early in the pandemic, but after 20 months on the disabled list, conventional venues for labour and shopping are rallying to fight for market share.
emissions

Canadian Property Management

Rare decisions have acute carbon consequences

Daily vigilance is central to achieving operational energy savings, but rare decisions typically have the most acute carbon consequences in buildings.
Ontario's overdue property reassessment has been postponed for a third time

Canadian Property Management

Overdue property reassessment raises alarm

Ontario’s overdue property reassessment is on hold until at least 2024, leaving many commercial ratepayers with a further wait to realize tax reductions from pandemic-related value erosion.
5G rollout could bring clutter of antennas

Canadian Facility Management & Design

5G rollout could bring clutter of antennas

Making buildings smarter could force some aesthetic trade-offs in commercial buildings as 5G services begin arriving on the mid-band and high-band of the spectrum.
Environmental mishaps can herald personal liability

Canadian Property Management

Environmental mishaps herald personal liability

Personal liability is a mounting possibility for directors, officers and supervisors of organizations that run afoul of environmental regulators or are on the losing side of civil litigation.
Post-CERS property expense relief announced

Canadian Property Management

Post-CERS property expense relief announced

A new iteration of property expense relief will be more bountiful for many recipients than recent payouts of the Canada Emergency Rent Subsidiary, but fewer commercial tenants or owner-occupiers will qualify.
Pandemic paperwork piles up with new vaccination attestation protocols

Canadian Property Management

Pandemic paperwork piles up with new protocols

Pandemic paperwork is becoming more voluminous for commercial landlords as a growing list of influential tenants ask for proof that building personnel have two valid COVID-19 vaccinations.
Accessibility carries a simple business case

Canadian Property Management

Accessibility carries a simple business case

Many commercial real estate operators are making the simple business case for buildings that are functional for all potential users. It’s a quest that can begin with simple investigations, simple low-cost measures and simple mindfulness.