Ontario insolvencies drop in 2020

Canadian Property Management

Pandemic relief defrays Ontario insolvencies

Low interest rates, flexibility to defer payments and various government-funded programs synergized into what are characterized as “exceptional” circumstances in a recessionary period.
Ontario power system revenue is surplus to projections despite COVID-19-related rate relief


Power system revenue transcends lockdown relief

It appears that seven weeks of COVID-19-related electricity rate relief for residential and small business customers did not adversely undermine Ontario power system revenue.
Ontario has not offered an electricity rate reprieve during the latest lockdown

Canadian Apartment Magazine

No electricity rate reprieve with this lockdown

There has been no rate relief with the latest stay-at-home imperative, but the Ontario Energy Board has extended the annual prohibition on electricity shut-offs during the cold months to cover much of May.
virtual meetings

REMI Network

Ontario further extends deadline for virtual meetings

The Ontario government has extended the deadline for condo corporations to hold their meetings virtually and permit electronic voting without a bylaw.
Ontario pledges funds to stabilize and revise tourism and hospitality sector

Canadian Facility Management & Design

Ontario looks to stabilize and revive tourism

A $350-million tonic will be poured out in the form of direct aid for small operators, support programs for larger attractions, and inducements for consumers.
Ontario doubles tax credit for building investments in southwest, eastern and northern Ontario

Canadian Property Management

Ontario doubles tax credit in tertiary markets

Canadian-controlled private corporations are eligible for refundable tax credits of up to $90,000 for building investments in southwest, eastern and northern Ontario.
long-term care

REMI Network

Ontario ramps up long-term care spaces

On the heels of a third wave advisory, Ontario is issuing thousands more long-term care spaces to be built across the province, many resulting in the construction of new homes.
Jane and Finch

REMI Network

Ontario bestows land for community hub in Jane and Finch area

Ontario is donating 2.174 acres of land to the City of Toronto to build a much-needed community hub and centre for the arts in the Jane and Finch community.
Ontario schools get funds for energy efficiency upgrades

Canadian Facility Management & Design

Ontario schools get funds for energy upgrades

Funds are drawn from the carbon pricing proceeds the federal government collects and redistributes in provinces that have not enacted their own carbon pricing programs.
Expansions at two existing correctional facilities meant to ease overcrowding for Northwest Ontario inmates

Canadian Facility Management & Design

Northwest Ontario inmates await needed space

Work will soon be underway to ease overcrowding at two Northwest Ontario correctional facilities in the interim before a planned new 325-inmate complex is built in the region.
Women experience vast share of 2020 real estate job loss

Canadian Property Management

Women bear brunt of 2020 real estate job loss

Women were jettisoned from 14,300 of the roughly 16,000 positions Ontario's real estate, rental and leasing sector shed last year.
Ontario prepares mega-site inventory

Canadian Facility Management & Design

Ontario prepares mega-site inventory

Newmark Global Commercial Real Estate Services has been named to lead the selection process once the in-progress call for 500- to 1,500-acre mega-sites closes on July 31.
Ontario endorses competitive mechanisms to trim the price-point of energy efficiency spending

Canadian Property Management

Ontario to stretch energy efficiency spending

A new slate of conservation and demand management (CDM) programs allocates $456 million for commercial, institutional and industrial consumers over the four-year period from 2021-24.
Ontario Nurses' Association

Facility Cleaning & Maintenance

Ontario Nurses’ Association urges province on airborne transmission

The Ontario Nurses' Association says the province has failed to act "despite persistent infection and consensus on aerosol transmission."

Facility Cleaning & Maintenance

Safety concerns abound as students head back to school

Assessing health, safety, and infection control risks of going back to school against the value of physical classes is a tricky balance.
Ontario security guards not on vaccination priority list

Facility Cleaning & Maintenance

Vaccination priority list omits security guards

Union officials are also calling on Ontario Premier Doug Ford to affirm that security guards are essential workers.

Canadian Facility Management & Design

Licensing exams go online for security guards

The new option aligns with the Ontario government’s objective to provide digital alternatives for paper-based administrative processes.