Prime Minister-designate Mark Carney vows to “supercharge” Canada’s housing plan and take aggressive action to build homes despite U.S. tariff war

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

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

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.

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.

Housing, tax and energy costs are prominent on the agenda as British Columbia, New Brunswick and Saskatchewan all prepare for provincial elections in October.

Multifamily landlords and condominium corporations have claimed more than a third of the funds the Canadian government has thus far allocated through its Zero Emissions Vehicle Infrastructure Program.

Manitobans are hearing promises aplenty as political parties offer up tax cuts, rate freezes and incentive programs ahead of the provincial election, set for October 3.

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.

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.

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.

As commercial finance conditions tighten, government tax incentives like SR&ED are becoming more important to the multifamily construction sector.

Ontario’s large commercial customers will have somewhat more straightforward parameters for carving out their share of the global adjustment as they prepare for expected summer peak demand.

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.

In a changing world where “zero carbon” is the ultimate goal in building design, can retrofits alone make Canada’s aging apartment stock sustainable?

Ontario's newly released provincial Long Term Energy Plan, now updated to replace the 2013 version, rescinds favoured status for combined heat and power systems that rely on fossil fuels.