Financial Management
CondoBusiness
Anticipating the needs of aging condo communities
New updates to the OBC, which come into effect January 1, 2025, do little to address accessibility. How can existing condos prioritize inclusion when planning for renovations?
Canadian Apartment Magazine
Gentle density roughs out space for infill
Governments across Canada have introduced various measures to encourage accessory dwelling units and more infill housing supply on existing residential properties.
Canadian Property Management
Canada aims to foster decarbonization capital
The Canadian government promotes a standardized approach for categorizing sustainable investment and verifying its credibility for market participants.
Canadian Property Management
Vacant residential land stirs surtax rumblings
The Canadian government is exploring options for a surtax on vacant residential land through a newly launched public consultation, which is open for submissions until December 31, 2024.
Canadian Property Management
Fastidious work lies ahead of AI advancement
Early adopters and enthusiasts in the commercial real estate industry cite AI's possibilities for portfolio management, risk management, valuation and assessing investment performance.
Canadian Apartment Magazine
Short-term rental registry stuck in manual
Toronto relies heavily on manual review processes for oversight of approximately 8,400 registrants currently approved to offer short-term rental accommodations in their principal residences.
Canadian Facility Management & Design
Hotel-inspired co-working redefines 302 Bay
At first glance, the lobby inside 302 Bay Street, soon to be the newest co-working space from iQ Offices, looks exactly like a high-end hotel or restaurant.
Canadian Property Management
Ontario retailers ponder alcohol sales viability
Leases and logistics will be major factors in whether Ontario retailers can act on pending flexibility to sell beer, wine, cider and ready-to-drink alcohol-infused beverages in grocery and convenience stores.
Canadian Property Management
A transparent need for data strategies
Based on self-reporting, many of the commercial real estate firms subject to the U.S. Securities and Exchange Commission’s pending climate-related disclosure rules are grappling with how they will comply.
Canadian Apartment Magazine
Promise of safe haven woos foreign investors
Foreign investors contemplating Canada’s multifamily market may see more theoretical than actual opportunity, given the current scarcity of available product.
Canadian Property Management
Capital gains tax adjustment unnerves CRE
The jump in the capital gains inclusion rate is expected to have an immediate impact on property sales, while being factored into longer term asset management and investment decisions.
Canadian Property Management
Decarbonization roadmap navigators in demand
Real estate operators are looking to consultants, turnkey contractors and software for navigational assistance in developing and implementing decarbonization roadmaps.
Canadian Facility Management & Design
Alberta to tighten grip on public sector FMs
The Alberta government is moving to tighten its grip on public entities that are defined as “creatures of the province,” yet have conventionally had leeway to seek and accept direct federal investment.
Canadian Property Management
Resilience still lacks climate action profile
Climate change adaptation measures are typically viewed as risk management rather than levers for investment returns, but they are inherently linked to building and portfolio value.
Canadian Apartment Magazine
Potential property tax relief looks uneven
A potential incentive for new purpose-built rental housing in Ontario comes with adverse implications for existing multifamily properties, thanks to the mathematics of property tax allocation.
Canadian Property Management
Defaulted real estate loans on the upswing
Many creditors and debtors are now grappling with the fallout from a largely unexpected change in market conditions over the course of their loan agreements.
Canadian Property Management
Taxing debate awaits Toronto commercial parking
Debate about a proposed surcharge on commercial parking spaces in Toronto has been deferred until City Council begins to consider 2025 budget measures.