Retail

Ontario extends eviction prohibition for commercial tenants in rent arrears due to COVID-19

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.
fulfilment centre

REMI Network

Amazon Canada opening fulfilment centre in Hamilton

Amazon Canada has announced plans to create a fulfilment centre and delivery station in Hamilton, located near the airport in Mount Hope.
September CECRA coverage

Canadian Property Management

Stop-gap September CECRA coverage offered

Canada Emergency Commercial Rent Assistance will be offered for a sixth month. The announcement comes eight days after the portal for new applications for the relief program appeared to be closed.
Brightwater

REMI Network

Brightwater community launches in Port Credit, Ont.

A 72-acre site that sat vacant for nearly 30 years in Port Credit, Ont. is closer to its new life as the Brightwater master-planned community.
CECRA now closed to new applications for commercial rent relief

Canadian Property Management

CECRA now closed to new applicants

With the August 31 deadline for first-time applications for Canada Emergency Commercial Rent Assistance (CECRA) now passed, the three-month program that evolved into five months of relief is closed to new recipients.
Unallocated CECRA funds necessitate program extension

Canadian Property Management

Unallocated CECRA funds behind August extension

As of July 30, it’s reported that 63,000 qualifying businesses or not-for-profit organizations had been collectively approved for about $613 million in commercial rent relief.
Galleria on the Park

REMI Network

Galleria on the Park breaks ground

A socially-distanced ground-breaking ceremony took place for Galleria on the Park—the mixed-use community that will rise on a 20-acre site in Toronto.
Canadian properties earn 2020 TOBY International acclaim

Canadian Property Management

TOBY International acclaim for Toronto properties

Canadian owners and managers can once again claim title to The Outstanding Building of the Year (TOBY) in an international forum.
CECRA allocations

Canadian Property Management

Feds suggest CECRA sets Canada apart from peers

About $221 million in Canada Emergency Commercial Rent Assistance had been disbursed as of July 3, Finance Minister Bill Morneau reported in the 2020 Economic and Fiscal Snapshot he released today.
wellness ready

REMI Network

Quadrangle and Human Space launch Wellness Ready

Quadrangle and Human Space have launched Wellness Ready, a program to support businesses as they create healthy environments for returning occupants and customers.
Retail landlords respond to COVID-19-related issues

Canadian Property Management

Retail landlords absorb and counter economic hit

Results of a wide-ranging survey show many major Canadian commercial real estate players braced for the erosion of consumer confidence, tenant solvency and their own investment returns.
Public transit wariness

Canadian Facility Management & Design

Public transit wariness makes the core edgy

Commuters’ willingness to jump on the bus, light-rail car or subway is expected to be a driving factor in repopulating office space in some major North American markets, including Toronto, Montreal and Vancouver.
Ontario to amend Commercial Tenancies Act to temporarily halt evictions of tenants qualifying for CECRA

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).
Alberta pledges to halt commercial evictions while tenants recover from losses COVID-19 has inflicted

Canadian Property Management

Alberta pledges to halt commercial evictions

The announcement accompanies a promise to disperse grants of up to $5,000 to help businesses and non-profit organizations with the costs of relaunching after COVID-19-triggered shutdowns, but few details are yet available.
Commercial landlords decry the blame shifting of eviction prohibitions

Canadian Property Management

Commercial landlords decry blame shifting

REALPAC characterizes the landlord-tenant dynamic as a chain of economic stress, with many commercial landlords likewise suffering a drop in revenue and financially beholden to their lenders.
B.C. prohibits CECRA-eligible landlords from evicting tenants

REMI Network

B.C. invokes terms for CECRA-eligible landlords

The move is in step with one of three recommendations the Canadian Federation of Independent Business is promoting to support businesses dealing with COVID-19-triggered financial stress.
Mississauga Gateway Centre

REMI Network

Mississauga Gateway Centre welcomes two new buildings

Construction is complete on two new buildings at Mississauga Gateway Centre, a class-A office and retail complex.