Sustainability
Multifamily leads uptake of EV charger funds
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.
Generative AI poised to realign CRE status quo
Emerging generative AI applications could realign the status quo within commercial real estate’s property administration, brokerage and investment management services.
Promises aplenty ahead of Manitoba election
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.
Net zero spoilers embedded in behaviour traits
Professor Robert Gifford, a behavioural psychologist affiliated with University of Victoria’s School of Environmental Studies, tallies dozens of traits that could be undermining climate progress.
BOMA Canada launches net-zero learning pursuit
The first step in BOMA Canada's efforts to achieve net-zero operations, develop replicable guidance from the experience and promote best practices for carbon offsets begins with BOMEX 2023.
Receptive climate for risk management brewing
New guidance for CRE investors and owners/managers highlights climate-related risks, recommended safeguard measures and key questions for gauging the preparedness of assets.
Rooftop solar photovoltaics spark safety advice
Rooftop solar PV installations pack a potentially lethal electrical charge, necessitating vigilant monitoring and maintenance of the many system components.
Global energy appetite eats up efficiency gains
The global buildings sector made some headway in curbing its energy appetite and output of greenhouse gas emissions last year, but is still off-pace to achieve the International Energy Agency's targets.
Climate change adaptation efforts unfolding
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.
Range of CRE stakeholders demand ESG metrics
Canada’s leading commercial real estate players are increasingly turning to ESG metrics to track responsiveness to a range of emerging risks and business imperatives.
Canada to pursue energy efficiency improvements
Canada has joined 44 other national governments, worldwide, in endorsing the International Energy Agency's push for a 4 per cent annual reduction in energy intensity by 2030
Ontario offers bonus incentives for retrofits
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.
Ontario awaits patchy debut of discount power
Most condominium corporations and rental housing landlords will need to make capital investments in energy storage to realize the benefits of Ontario's ultra-low overnight electricity rate.
Sustainable finance products forge way to 2050
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.
CRE awaits spinoffs of new provincial spending
Quebec and Ontario have announced investment incentives that could have implications for land deals and/or technologies and products that commercial real estate uses.
Canadian buildings scrutinized in OECD review
As part of a biennial review and benchmarking of Canada’s economic performance, a new OECD report looks at progress toward the interim 2030 target and 2050 goal for net-zero carbon emissions.
Dim future for fluorescents and metal halides
Fluorescents and metal halides will be further marginalized in the lighting market with pending amendments to Canada’s regulations governing products containing mercury.