Management
Quebec unpacks revenue-generating measures
A package of revenue-generating measures in Quebec's 2025-26 budget includes tax increases, added fees, altered tax credit criteria and elimination of some deductions.
Property assessments no bargain in Ontario
Ontario’s outdated property assessments are an added hitch for retail landlords now contemplating vacant anchor spaces in dozens of regional shopping centres throughout the province.
Carbon price refocused on industrial emitters
Cancellation of the consumer carbon price comes with the Canadian government’s affirmation that other incentives for reducing GHG emissions from buildings will remain in place.
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.
Counter tariffs bring procurement complications
Procurement complications have arisen throughout Canada as businesses grapple with a long list of U.S. products now to be subject to a 25 per cent import tax.
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.
Multifamily consistently delivers for investors
Multifamily assets were consistent performers again last year for institutional investors represented in the MSCI/REALPAC Canada Property Index.
Classic portfolio management set for comeback
Retail was the best performing asset type in 2024 for institutional investors represented in the MSCI/REALPAC Canada Property Index, but all property sectors showed year-over-year improvement.
Tariff chill could put CRE investment on ice
Tariff chill pervades the investment climate throughout Canada’s economy this winter, but commercial real estate insiders are tallying some reasons to be optimistic.
Toronto parking review could allay tax exposure
Recommended changes to Toronto's parking regulations could present an opening for some landlords to reduce their exposure to a potential commercial parking levy.
CRE retains ESG adherents as U.S. politics turn
Resilience and energy/water efficiency are projected to remain highly relevant for commercial real estate in the United States, while some other concepts linked to ESG are tapped to lose momentum.
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.
New refrigerant restrictions set for 2025
Regulators in Canada and the United States are out of sync in banning the R-410A refrigerant that’s currently a mainstay of variable refrigerant flow (VRF) heat pump systems.
Existing buildings sector limbering up with AI
Artificial intelligence is proving useful for teaching old dogs new tricks in the existing buildings sector, finding energy savings and emissions reductions in advance of comprehensive retrofits.
Ontario re-evaluates steps for land use change
Proposed new provincial legislation would strip municipalities of their ability to request a record of site condition (RSC) in specified circumstances where the risk of site contamination is deemed to be low.
Sustainable proptech gaining momentum
An expanding roster of tech companies aligned with the sustainable and smart buildings market reflects growing demand from end-users and draws support from increasingly enthusiastic investors.
Clinically fit space on the leasing agenda
A small but noteworthy cohort of tenants will be leasing specialized space as the Ontario government moves toward granting licences for new independently operated surgical and diagnostic clinics.