Financial Management
REMI Network
Potential homebuyers sidelined waiting for mortgage rates to drop
Housing costs are among the top three sources of financial anxiety for Canadians, after fears of unknown expenses and concerns about their overall financial situation.
Canadian Property Management
Retrofit funds opened via banking aggregator
Canada Infrastructure Bank is opening another avenue for small and mid-sized landlords to obtain low-cost financing for decarbonization projects.
CondoBusiness
Putting HVAC maintenance in the spotlight
What HVAC contractors do, or don’t do, during maintenance has a significant impact on the repairs, service calls and utilities consumed by mechanical equipment.
Canadian Property Management
REITs unexpectedly tapped for new tax measure
Advocates for the Canadian commercial real estate industry are asking the federal finance department to clarify why real estate investment trusts have been included in a pending new tax measure.
REMI Network
Overcoming budget challenges in today’s market
Here are a few major points of consideration when building a better budget.
Canadian Property Management
Lender confidence varies by CRE asset class
Logistics warehouses, multifamily rental buildings, data centres and life sciences labs are tapped as favoured assets in CBRE Canada’s newly released survey of lenders' sentiment.
CondoBusiness
Effective decision-making equals good governance
The essential key to board good governance is effective decision-making, both in and out of the board meeting.
Canadian Property Management
Lucrative tax credits pledged for heat pumps
Canada’s fall economic statement pledges $6.7 billion over five years to support uptake of a range of clean technologies, including solar heating, air-source and ground-source heat pumps and energy storage.
Canadian Property Management
Push to curb inflation has CRE ramifications
Transaction volume had been surpassing pre-pandemic levels until the steepest and most rapid rise in interest rates thus far this century undermined that momentum.
Canadian Property Management
Commercial ratepayers confront widening tax gap
Commercial property tax rates climbed and commercial-to-residential tax ratios widened this year in the majority of large Canadian cities Altus Group surveys for its annual benchmark report.
CondoBusiness
Governing condos in Alberta
Condos are ideally designed to operate with relative simplicity and in a well-managed complex there is a measure of security and community.
REMI Network
Hurricane Fiona costs $660 million
Hurricane Fiona is estimated to be the costliest extreme weather event ever recorded in Atlantic Canada.
CondoBusiness
Unconventional ways condos can reduce capital project costs
Ongoing challenges to capital replacement project costs are wreaking havoc on already stressed reserve funds and causing anxiety for boards and property managers throughout the province.
Canadian Property Management
Sask electricity rate set for 8% jump by April
SaskPower will introduce a 4 per cent electricity rate increase on September 1, 2022 and another on April 1, 2023.
REMI Network
More interest rate hikes to follow in 2022, economists predict
Economists forecast a 15 per cent to 20 per cent drop in housing prices by the end of the year, with most believing new housing supply won’t bring prices down more than higher rate increases.
REMI Network
Inflation and wage increases are twin problems for companies
Inflation, in combination with tight labour markets, is compounding the rising wages in the frontline service workforce.
REMI Network
Cost-cutting tips for installing EV chargers
With higher gas prices and the federal government expanding its electric vehicle rebate program in April, it may not be difficult to justify an investment in an upgraded 200-amp service and a home charging station.
