REMI

Federal

CRE mostly on its own to meet 2030 commitments

CRE strategizes to meet 2030 commitments

Among its many challenges, the race to meet 2030 commitments for greenhouse gas (GHG) emissions reduction could have some public relations complications.
Infrastructure BCCA

Infrastructure investment a go-to in downturn

For public partners, P3s are a means to transfer risk. For the private sector, infrastructure’s recession-proof profile dovetails with expectations for a prolonged building spree.
Fossil-fuel-fired power plants place on notice

Fossil-fuel-fired power plants placed on notice

Utilities and other entities selling power into public transmission and distribution networks have about 12 years to cut the greenhouse gas (GHG) emissions from their production processes down to near-zero levels.
Buildings sector pulls back on GHG accelerator

Fuel-switching challenges expected to ease

Climate, cost and capacity pose fuel-switching challenges for building owners looking to curb greenhouse gas emissions in line with Canada’s target for a 40 per cent reduction below 2005 levels by 2030.
Ukrainian evacuees arrive to housing scarcity

Ukrainian evacuees arrive to housing scarcity

Newcomers will be confronting Canada’s affordable housing shortage, while also dealing with potential trauma, language barriers and the general culture shock of unfamiliar surroundings.
Raw performance metrics unflattering to Canada

Raw performance metrics unflattering to Canada

Canada ranks 7th for its policy measures and second-last in performance outcomes in an analysis of energy efficiency efforts in the world's 25 highest energy-consuming countries.
Environmental mishaps can herald personal liability

Environmental mishaps herald personal liability

Personal liability is a mounting possibility for directors, officers and supervisors of organizations that run afoul of environmental regulators or are on the losing side of civil litigation.
Post-CERS property expense relief announced

Post-CERS property expense relief announced

A new iteration of property expense relief will be more bountiful for many recipients than recent payouts of the Canada Emergency Rent Subsidiary, but fewer commercial tenants or owner-occupiers will qualify.
CERS uptake falls short of potential

CERS uptake falls short of potential

Removing landlords from the application process hasn’t necessarily made the Canada Emergency Rent Subsidy (CERS) more accessible for commercial tenants experiencing pandemic-related financial stress.
Fossil fuel fired cogeneration systems to lose eligibility for accelerated capital cost allowance

Cogeneration systems to lose tax enticement

The 2021 federal budget adds some clean energy equipment to immediately qualify for accelerated capital cost allowance, and names various combined heat and power applications to be delisted after 2023.
COVID-19 related investment announced in fall economic statement

COVID-19 related investment unveiled

The commercial real estate, facilities management and construction/retrofit sectors appear poised to capture a share of the spending announced in the Canadian government’s fall economic statement.
CERS draft legislation outlines new commercial rent relief program

CERS draft legislation awaits adoption

CERS will deliver direct rent support to qualifying tenants without the need to work though their landlords. As a direct subsidy, unlike CECRA, no loan agreement is required.
energy retrofits

Feds to invest $2 billion in energy retrofits

A promised $2 billion investment in large-scale building retrofits will be central to the Canadian government’s job creation ambitions. Energy efficiency champions have plenty of ideas of how and where the funds could be best leveraged.
September CECRA coverage

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.
CECRA now closed to new applications for commercial rent relief

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.
biomass power

WTO okay with provinces buying biomass power

The World Trade Organization agreed with Canada that the U.S. conflated wholesale and retail electricity rates to arrive at its supposition that B.C. and Quebec hydro utilities overpaid for biomass power.
transparency metrics for real estate investors

COVID-19 expected to drive transparency metrics

Canada once again places in the top tier of “highly transparent” nations in the newly released 2020 edition of the JLL/LaSalle Global Real Estate Transparency Index.