Ontario
Canadian Property Management
Ontario adds two-month reprieve for rent arrears
Provincial intervention in the commercial sector is limited to tenants who meet the prerequisites for Canada Emergency Commercial Rent Assistance, but whose landlords have not applied for the relief.
Canadian Property Management
Ontario capital markets set for rule revamp
Proposals address a range of issues that are likely to be of interest to listed real estate entities and their investors, as well as start-up ventures and other publicly traded service providers to the industry.
Facility Cleaning & Maintenance
Apprentice backlog tackles certification exams
Typically, about 1,700 candidates write certification exams for the skilled trades every month in Ontario, but COVID-19 shut down provincial testing centres last March.
Canadian Property Management
Ontario consults on next conservation framework
Residential consumption is identified as a primary concern and opportunity for the 2021-24 period, along with a continued emphasis on reducing system-wide peak demand
CondoBusiness
Ontario Electricity Rebate applied unevenly
Many hydro accounts specifically tied to the common areas of multi-residential buildings will no longer qualify for the 31.8 per cent rebate beginning in November 2020.
Canadian Property Management
Ontario stalls energy management paybacks
A temporary adjustment to Ontario’s electricity pricing scheme eliminates cost-saving opportunities that many operators of large commercial buildings were anticipating this summer.
Canadian Apartment Magazine
Ontario Ombudsman tracks LTB’s sluggish pace
The Ombudsman's newly released 2019-20 annual report identifies the Landlord and Tenant Board as one of the most common sources of complaints, prompting an in-progress investigation.
Canadian Property Management
Ontario to amend Commercial Tenancies Act
Following similar actions in B.C. and Alberta, the Ontario government will temporarily halt evictions of tenants eligible for Canada Emergency Commercial Rent Assistance (CECRA).
Canadian Apartment Magazine
Ontario nudges up electricity price threshold
As of June 1, residential, small business and farm customers will pay at a rate of 12.8 cents per kilowatt-hour (kWh) in place of 10.1 cents/kWh.
Canadian Property Management
COVID-19 incubates global adjustment 2021-22
For Class A consumers, cost-saving potential will be diminished even if they successfully curtail demand during the five peak hours since those peaks are expected to be lower than usual.
CondoBusiness
Time-of-use pricing respite adds nominal costs
Temporary suspension of Ontario’s time-of-use pricing scheme equates to a 3 per cent sliver of the projected provincial expenditure to underwrite electricity costs in 2020-21.
Canadian Apartment Magazine
The keys to reopening multi-res operations
As Ontario prepares to reopen the economy, what will the upcoming months look like for multi-res operations? Legal expert Joe Hoffer shares important tips to help landlords manage the risks as they navigate their way into "new normal".
Canadian Property Management
Ontario to temporarily offset electricity costs
Commercial and industrial electricity customers will pay the differential above 11.5 cents per kilowatt-hour in added monthly increments beginning in January 2021.
CondoBusiness
Ontario permits more construction activities
Landscaping and lawn care are also on a shortlist of businesses allowed to offer services if they adhere to public health protocol.
Canadian Property Management
Vague or cumbersome details flagged in OCECRA
Commercial leasing specialists suggest landlords may prefer to stick with rent deferral agreements they have already negotiated.
CondoBusiness
State of emergency allows for planning decisions
Ontario has taken legislative steps to ensure that municipal councils do not need to worry about decision timelines under the Planning Act during the COVID-19-related state of emergency.
Canadian Property Management
Ontario electricity prices flout sliding demand
Despite a steep drop in province-wide energy consumption due to COVID-19 triggered business shutdowns, many building owners/managers expect a more modest flow-through dip in operating costs.
