REMI

Regulations

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.

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.

Pandemic-related litigation brewing in Quebec

Commercial real estate specialists are noting a recent Quebec superior court decision with interest, suggesting it could become a beacon for other tenants seeking rent relief.

Ontario consults on next conservation framework

Residential consumption is identified as a primary concern and opportunity for the 2021-24 period, along with a continued emphasis on reducing system-wide peak demand

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.

Ontario Electricity Rebate applied unevenly

Many hydro accounts specifically tied to the common areas of multi-residential buildings will no longer qualify for the 31.8 per cent rebate beginning in November 2020.

Ontario stalls energy management paybacks

A temporary adjustment to Ontario’s electricity pricing scheme eliminates cost-saving opportunities that many operators of large commercial buildings were anticipating this summer.

Public disclosure could foil energy reporting

The City of Winnipeg has invited commercial building owners and institutional facility managers to affix their Energy Star Portfolio Manager results on a publicly accessible map.

Canada wavers on airtightness testing

The timing might have been opportune for uptake of the measure — provided it was adopted into provincial and territorial building codes — because it would have applied broadly in what is currently Canada’s most buoyant commercial real estate sector.

GBAC STAR accreditation to steer reopenings

The new GBAC STAR accreditation program is taking the complication and uncertainty out of reopening large Canadian commercial facilities.

COVID-19 incubates global adjustment 2021-22

For Class A consumers, cost-saving potential will be diminished even if they successfully curtail demand during the five peak hours since those peaks are expected to be lower than usual.

Details of CECRA program rollout still emerging

The CECRA program is voluntary. Not all eligible landlords will necessarily take advantage of this program for various reasons.

Ontario to temporarily offset electricity costs

Commercial and industrial electricity customers will pay the differential above 11.5 cents per kilowatt-hour in added monthly increments beginning in January 2021.

Ontario electricity prices flout sliding demand

Despite a steep drop in province-wide energy consumption due to COVID-19 triggered business shutdowns, many building owners/managers expect a more modest flow-through dip in operating costs.

COVID-19 ripples through to commercial leasing

Landlords and tenants are continuing to move lease transactions forward in anticipation of a return to business as usual in the near future.

Ontario to delay next property tax cycle

The move was announced in response to the COVID-19 outbreak, but additionally opens a window to adjust the mechanics of the assessment process itself.

Sights and sounds of proposed code changes

A package of proposed changes to Canada's National Building Code aims to improve navigability and safety in large buildings for people with mobility, vision and/or hearing constraints.