Financial Management
Canadian Property Management
Complacency could cost Montreal property owners
Proposed changes to Quebec's Act Respecting Municipal Taxation will tighten the timeline for disputing the property values ascribed to smaller apartment and commercial buildings assessed at less than $3 million.
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.
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.
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.
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.
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.
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.
CondoBusiness
Finding more savings through energy audits
Energy experts can help condo corporations identify more complex savings opportunities through an energy audit.
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.
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.
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.
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.
CondoBusiness
HST misconception a sleeping giant
HST has been flying under the radar and could become a potentially significant liability for condo corporations.
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.
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?
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.
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.
