Condominium
CondoBusiness
Cases spotlight the CAT’s wait-and-see approach
The CAT appears to have adopted a wait-and-see approach, not only with respect to motions to dismiss, but also with respect to the disclosure of records to a unit owner whom the condominium might perceive as problematic.
CondoBusiness
5 ways technology is uplifting condo communities
Technology is revolutionizing the way condo buildings operate and positively impacting the lives of residents and managers.
Canadian Apartment Magazine
BOMA BEST criteria introduce multifamily tweaks
Landlords and condominium corporations participating in the BOMA BEST environmental performance benchmarking and certification program will have to comply with an expanded list of best practices.
Canadian Apartment Magazine
Sask ends exemptions for smoke and CO alarms
Saskatchewan landlords and homeowners will have to install smoke and carbon monoxide (CO) alarms in older residential buildings that were previously exempt. Enforcement begins July 1, 2022.
CondoBusiness
Security, privacy and the rise of smart homes
What security and privacy threats should condo communities watch out for due to the rise of internet-connected smart home devices?
Canadian Apartment Magazine
Purpose-built rental pro formas under pressure
Developers are facing escalating material costs, supply chain disruptions and labour shortages in step with climbing vacancies and falling rental rates that were not contemplated 18 months ago.
CondoBusiness
Condos anchor affordable recreational property
While Canadians may tend to entertain dreams of cottages, camps or cabins, condos are at the core of affordable recreational property options in many popular vacation areas.
CondoBusiness
Vacant dwellings yield revenue gains for B.C.
Resident British Columbians own about 30 per cent of the properties subject to the speculation and vacancy tax, but account for just 6.6 per cent of collected revenue.
Canadian Property Management
Kirkland Centre set for transit-oriented remake
RioCan REIT and Broccolini Real Estate Group have joined forces to redevelop an open-air retail centre in suburban Montreal.
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.
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 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.
Canadian Property Management
No lockdown on GTA development land sales
Demand for housing and warehouse/distribution facilities drove transactions, keeping April-to-August sales volume largely on par with the same period in 2019.
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
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.
