Capital Upgrades & Retrofits
Ontario recharges energy efficiency budget
Ontario’s energy efficiency budget has been recharged with a pledged 12-year, $10.9-billion spending strategy that significantly boosts funding for commercial, industrial, institutional and residential electricity customers.
Uptake in smart HVAC systems expected to rise
According to recent findings from ABI Research, smart HVAC adoption is expected to increase steadily thanks to its many proven benefits that include significant energy and cost savings.
Energy conservation in multi-unit buildings
As evidence grows about the impacts of fuel-burning on climate change, more multi-unit property owners are turning to innovative energy conservation measures like fuel switching.
Climate change adaptation efforts unfolding
Canada’s newly finalized climate change adaptation strategy sets out objectives and attaches mid- to near-term targets to bolster resilience in five key action areas.
Ontario offers bonus incentives for retrofits
Bonus incentives for energy efficiency upgrades will be available to select commercial and multifamily landlords and condominium corporations in Ontario during the second and third quarters of 2023.
Ontario awaits patchy debut of discount power
Most condominium corporations and rental housing landlords will need to make capital investments in energy storage to realize the benefits of Ontario's ultra-low overnight electricity rate.
Sustainable finance products forge way to 2050
Sustainable finance products, are expected to increasingly come into play as building owners/managers pursue decarbonization and look to bolster the climate resiliency of their properties.
Investing in the greater good
As the world seeks to eliminate harmful emissions that contribute to the climate crisis, the known benefits of decarbonization are piling up.
Tax incentives key to driving housing innovation
As commercial finance conditions tighten, government tax incentives like SR&ED are becoming more important to the multifamily construction sector.
From office to residential
Office-to-residential building conversions have been gaining momentum in some Canadian cities, but how viable are they as a long-term housing solution?
Quebec budget boosts climate action spending
The budget also includes $232.5 million over five years to help universities and colleges rent additional space and $43 million to underwrite an extra 1,600 subsidized units in private rental housing.
Advancing Canadian-made retrofit solutions
New CMHC report emphasizes Canadian-made retrofit solutions and steps to streamline multi-res projects as 2030 GHG emission targets loom.
Development-led evictions add to housing woes
New CMHC data explores the prevelance and implications of development-led evictions and other trends impacting Toronto's rental housing landscape.
Retrofit funds tied to equity capital prereq
Retrofit proponents unable to contribute at least $6.25 million in equity capital will have to look to third-party interveners in order to tap into the Canada Infrastructure Bank’s $2-billion fund for commercial buildings.
Investing in Canada’s aging residential towers
Aging residential towers are in dire need of investment, something the pandemic has underscored given the scores of frontline workers who’ve been disproportionately affected.
Ontario tables 2021 rent freeze legislation
With Ontario's Bill 204 now tabled, paralegal Paul Cappa sheds light on what the unprecedented rent freeze means for the province's smaller landlords.
Building better density key to future development
Dev Mehta, Senior Associate at Quadrangle, explains how building better density leads to healthier, happier occupants.