REMI

Risk Management

COVID-19's black swan prompts rollout of business continuity and recovery plans

Black swan triggers business continuity plans

Commercial real estate operators are seeking advice across a wide spectrum of expertise as they deploy their crisis management, business continuity and recovery plans.
Hotel sales value value and room prices up in Q1

Property funds possess stabilizing mechanisms

REALPAC’s recent survey of 15 Canadian open-end real estate funds offers insight into when and why fund administrators would suspend the ability for investors to redeem their holdings.
COVID-19 preparedness

COVID-19 preparedness tips for landlords

All businesses are impacted by the COVID-19 virus, but rental-housing providers play a critical role in the battle to mitigate the spread of this highly communicable disease.
criminal trespass

Alberta cracks down on criminal trespass

Along with measures to discourage spurious lawsuits, the legislation has implications for commercial real estate operators and any organization with potential scofflaws among its employees or membership.
environmental approvals

Friendlier CHP environmental approvals welcome

It's still unclear how the process of securing environmental approvals for combined heat and power systems will be streamlined, but the Ontario government's recent pledge has been greeted enthusiastically in the buildings sector.
Climate risk profilers

Climate risk profilers wrangle fragmented data

A widening scope of resources can be tapped to build increasingly sophisticated risk profiles, but sustainability practitioners note that data is often fragmented and difficult to obtain.
fire halls

Smart, life-saving fire safety solutions

Tips and best practices from Michael Hugh, Field Sales Engineer at Johnson Controls
climate change procrastinators

Climate change procrastinators urged to act

The mounting consequences of being stuck fast in the wrong place for an extended wrong time begin with soaring insurance premiums and end with stranded assets.

TSSA gives residents fuel safety tips

The province’s fuels-safety regulator is advising residents and property managers of important fuel-related safety tips as they work to recover from devasting flooding.

In deep water

Extreme weather events are directly impacting the cost of residential property insurance, but there are ways to keep rising costs at bay.
Ontario Fire Code

Ontario Fire Code to add steeper fine bracket

More stringent fines and an extended period for prosecutions are slated to come into force 30 days after the Ontario legislature adopts the Budget Measures Act.
clothing donation bins

Clothing donation bins may pose liability risk

Commercial property owners who host clothing donation bins could run afoul of their province's Occupiers Liability Act or Occupational Health and Safety Act should an incident occur.

Flood recovery in four steps

There are four basic steps that those responsible for a property need to take to help manage disasters such as floods.

Higher winter maintenance costs anticipated

Private property owners in Ontario, including condo corporations, could find themselves paying a premium to keep their walkways safe this winter.

Cryptocurrency risks, blockchain potential

Could the recent sale of a Toronto condo for cryptocurrency be the first sign of a shift in the condo industry towards use of digital currencies?

Takeaways from #TorontoFlood

At least one condo corporation is facing what is likely to be a steep repair tab after Toronto was drenched with a month’s worth of rain on Aug. 7.

Recreational cannabis use to become legal this fall

Is it time for condo boards and property managers to brace for reefer madness? It may depend on which condo lawyer they ask.