Financial Management

central banks

REMI Network

Central banks offer climate risk guidance

The Bank of Canada is one of the newest members of the Network for Greening the Financial System, which has released global recommendations on climate-related risk assessment, monitoring and data sharing.
FM avatar

Canadian Facility Management & Design

The evolution of the FM avatar

As their job responsibilities change, FMs need to continuously improve in order to help bring their organization value.
mortgage financing stress test

CondoBusiness

Mortgage financing stress test makes the grade

Among the continuing concerns, some lenders are still relying on the equity of the property, rather than the borrower's ability to repay the loan.
Investment property

Canadian Apartment Magazine

Investment property imperils preferred tax rate

The new rules capture the demographic of investors who own small low-rise residential or mixed-use commercial-residential buildings as a sideline to their main business ventures.
HVAC

Canadian Facility Management & Design

Scale build-up weighs on HVAC efficiency

Scale build-up can weigh on HVAC efficiency, making preventative maintenance important to controlling energy costs and preventing premature failure.
condo fees

CondoBusiness

GTA condo fees average 65 cents per square foot

Maintenance fees across condos in the GTA averaged 65 cents per square foot in 2017, according to a recent report from Condos.ca.
energy audit

CondoBusiness

Finding more savings through energy audits

Energy experts can help condo corporations identify more complex savings opportunities through an energy audit.
minimum wage

CondoBusiness

Minimum wage hike to follow new condo fees

The minimum wage hike may sting more in condo communities than others as they face new costs associated with recent changes to Ontario’s condo laws.
rental housing loan fund

REMI Network

Getting Paid on Time: Steps for Building Service Contractors

If a large client is late with payments it can disturb a whole cash flow system. Here are steps building service contractors can take to get paid on time.
condo auditors

CondoBusiness

What board directors should ask condo auditors

It’s important for board members to review the draft financial statements and know what questions to ask their condo auditor before giving their approval.
decisions about money

CondoBusiness

Condo corporation facing a special assessment?

Making tough financial decisions will never be easy, but making the right tough decisions gets easier if condo directors follow these five principles.
HST

CondoBusiness

HST misconception a sleeping giant

HST has been flying under the radar and could become a potentially significant liability for condo corporations.
facilities manager

Canadian Facility Management & Design

Moving up from supervisor to facilities manager

So a facilities management supervisor wants to make the move to facilities manager. There are a few reality checks to consider first.
maintenance fees

CondoBusiness

How climate change could affect maintenance fees

Maintenance fees are based on historic norms, stable benchmarks and logical predictions. What happens when those predictions no longer fit the weather?
building industry construction

Canadian Facility Management & Design

Post-occupancy audits in P3 construction projects

When carefully and transparently planned, P3s offer some significant advantages to owners and communities.
FMs

Canadian Facility Management & Design

How FMs can get recognized for their work

Amid persisting misconceptions about the role of FMs, experts shared tips on showing the value of facilities management in a PM Expo seminar last fall.
condominium audit

CondoBusiness

Condo audits uncover four common issues

During condominium audits, certain issues related to financial or operational matters may need to be highlighted to management and the board.