REMI

Capital Upgrades & Retrofits

Lenders exhibit decarbonization disconnect

Lenders exhibit decarbonization disconnect

Canadian lenders may be reassessing the urgency of decarbonization, but they still express enthusiasm for the sustainable assets and impact investments that appear to be losing cachet in the United States.
Toronto gives heads-up on emission thresholds

Toronto offers heads-up on emission thresholds

Toronto could join the slate of North American jurisdictions that impose thresholds for allowable greenhouse gas emissions from buildings sometime later this year.
energy management systems

A tailored approach to energy management

Buildings equipped with advanced energy management systems are more appealing to investors and buyers, and more comfortable for tenants.
Ontario recharges energy efficiency budget

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.
smart HCAC

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 Bondi

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

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 on retrofits

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

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 clear path to 2050

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.
decarbonization

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

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.
building conversions

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

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.
made in Canada retrofit solutions

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.
renovictions bylaw

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 proponents must contribute 20 per cent equity capital to tap into the Canada Infrastructure Bank's fund for commercial buildings

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.