COVID-19
Canadian Property Management
New office supply poses backfill challenges
An influx of new office supply was always expected to shake up the status quo in the downtown Toronto market given that approximately two-thirds of the 8+ million square feet of space currently under construction is already preleased.
REMI Network
Top-up funding supports B.C. women entrepreneurs
Canada announced $1.4 million in additional funding for six recipients in B.C. to support women entrepreneurs to navigate the pandemic.
Facility Cleaning & Maintenance
One year later: COVID-19 lessons learned
We are now one year into the pandemic: what lessons can be learned from the past 12 months?
Canadian Property Management
Tenants gaining clout in downtown Montreal
The office availability rate inched above 12 per cent in downtown Montreal during Q4 2020, closing out a year when tenants gave up more than 1.3 million square feet of space through sublets or non-renewals.
Canadian Property Management
Report highlights resilient commercial real estate markets
While endless challenges faced commercial real estate markets in 2020, investors and end users in Western Canada showed incredible resilience.
Canadian Facility Management & Design
Rethinking office density and cost
COVID-19 could also introduce a new workplace trend: “the liquid workplace.” Tech giant Dropbox already embraces this new model.
Facility Cleaning & Maintenance
Flu shots still have a place for workplace employees
The odds of testing positive for COVID-19 were reduced by 24 per cent in patients who received an influenza vaccine compared to those who did not.
Canadian Property Management
CERS rate structure holds steady until June 5
The federal government reserved the option to adjust the funding levels after March 13 when it introduced the subsidy for fixed property expenses last November.
REMI Network
Pandemic-related scams skew consumer complaints
Landlord-tenant disputes ranked a distant third in the tally of consumer complaints lodged with the New York State Attorney General last year.
Canadian Property Management
Nova Scotia offers targeted property tax rebate
A newly announced $7-million provincial fund is expected to partially compensate up to 3,300 small restaurateurs, barkeepers and personal service business operators for paid 2020-21 property taxes.
Canadian Facility Management & Design
Life sciences growth potential flagged
Real estate analysts point to burgeoning momentum in Canada’s strong research institutions, increasing calls for domestic production capacity and the STEM job creation engine.
Canadian Property Management
Alberta’s education mill rate nudges up 0.1 bps
Alberta’s education mill rate has nudged up 0.1 basis point, adding $0.01 per $1,000 of assessed value to the provincial portion of property tax bills.
Canadian Apartment Magazine
New report identifies shift in renter preferences
A new report from Local Logic identifies distinct shift in renter preferences due to imposed lifestyle changes since the onset of COVID-19.
REMI Network
One quarter of millennials bought a home during COVID
About 40 per cent have already racked up savings since the pandemic began, according to a new survey. The majority say remote work has made it more likely they will move further from employers.
Construction Business
Major capital projects rose in 2020 despite pandemic
A report by the CPABC shows despite the COVID-19 pandemic, major capital project construction and proposals continued to rise in 2020 in B.C.
Canadian Facility Management & Design
Corporate Real Estate Week set for mid March
CoreNet Global has planned a slate of virtual seminars, presentations and networking events tied to five different daily themes, and will also be releasing new studies and relevant data throughout the week.
Construction Business
Boosting morale during COVID-19
As COVID-19 continues to spread, so do the feelings of anxiety and uncertainty. Many employers are boosting morale with creative initiatives.
