Regulations
Canadian Property Management
Toronto considers office replacement pullback
Proposed new policy directions could open the way for a broader range of redevelopment projects in specified downtown Toronto districts and at the midtown Yonge & Eglinton node.
CondoBusiness
Canada bolsters guard against money laundering
Title insurers, real estate brokers and sales representatives will have new obligations to guard against money laundering and terrorist financing under proposed federal regulations.
Canadian Property Management
Prized office tenant steps up green demands
Ottawa landlords are contemplating a list of new expectations from a prized office tenant following recently announced updates to the federal government’s green operations strategy.
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 Facility Management & Design
Plastic chemicals face growing scrutiny
The United Nations Environment Assembly adopted a resolution on March 2, 2022, to end plastic pollution by 2040.
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 Apartment Magazine
Canadian renters are leaning right
According to new research from Angus Reid Institute (ARI), Canadian renters are more likely to vote for the Conservative Party in next federal election.
Canadian Facility Management & Design
Navigating supply chain transparency legislation
The deadline for Canadian businesses to file their first annual report on supply chain transparency is fast approaching.
Construction Business
Industry’s mixed reaction to federal budget 2024
Housing is a major focus of the 2024 federal budget and industry reaction has been mixed.
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 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.
CondoBusiness
Considerations for deferring capital project work
The industry panel discussed what capital repairs and replacement costs could potentially be deferred by prolonging the life of various building components and what professional resources to seek for guidance.
Canadian Apartment Magazine
Building more affordable homes faster
Key action steps in the 2024 Ontario Budget include investing $1 billion in the new Municipal Housing Infrastructure Program and supporting transit-oriented development.
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
Energy storage prompts a battery of precautions
In step with the projected surge in energy storage installations, fire safety advisors are actively working to help clean tech adopters understand and mitigate the risks.
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.