Regulations

electricity rate relief

Ontario attempts electricity rate relief

Shifts in the allocation of Ontario's Global Adjustment will benefit some electricity customers and further burden others, but proactive commercial real estate owners/managers are poised to be among the winners.
Tarion review

Interim report released in Tarion review

An interim report in Tarion review flags calls for a dedicated section for and further rules unique to condominiums in the new home warranties legislation.
Real estate status

Real estate status upgrade heralds new investors

The reclassification from an industry group within the financials sector formally occurs on September 1, and will also introduce a new term for real estate investment trusts (REITs), which will become known as Equity REITs.
thermal metering

Thermal metering crosses the pond

Thermal metering, already widespread in Europe, is expected to gain traction in Canada as the technology becomes more accessible.
procurement

Inquiry puts spotlight on procurement practices

News of a Competition Bureau inquiry has put a spotlight on procurement practices in the condominium industry.
Real estate investment

Pension funds primed for real estate investment

Prominent asset managers for Canadian pension funds appear poised to take an even bigger position in the commercial real estate market.
HFC phase-down

Canada advances HFC phase-down

Impending environmental regulations will push the Canadian and American real estate industries toward cooling and insulation options with lower global warming potential.
condominium disputes

A new path for resolving condominium disputes

The idea of creating a tribunal to help address condominium disputes in Ontario, as envisioned in Bill 106, has been intriguing to many in the industry.
building evacuation

Using technology for safe building evacuations

An expert highlights how new systems help first responders deploy their resources more efficiently during building evacuations.
human rights

Human rights decision applies to condominiums

A recent Ontario Human Rights Tribunal decision confirms housing provider obligations when harassment and discrimination occur in multi-res communities.
board positions

Courts taking note of unreasonable positions

Courts are taking note of aggressive or unreasonable positions adopted by boards of directors, as the Couture v. TSCC No. 2187 case showed.
Brexit ripple effects

Canada could see some Brexit ripple effects

Uncertainty in the United Kingdom and European Union could further accentuate the attractiveness of Canadian real estate, but doesn't alter the perception that this is a difficult market to penetrate.
excessive water use

Case wades into excessive water use in condos

A lawyer illuminates lessons from a case concerning excessive water use by a legal grow-op in a condo as the federal Liberals plan to legalize marijuana.
OntarioGovernment

Ont government snubs commercial real estate

Commercial real estate operators have been largely excluded from incentives outlined in the newly released Climate Change Action Plan, even though they'll soon be absorbing the flow-through cost of carbon emission allowances in natural gas prices.
Competition Bureau

Industry reacts to Competition Bureau inquiry

It’s too soon to know what the ultimate fallout from the Competition Bureau’s investigation into allegations of bid-rigging and conspiracy in the supply of condo refurbishment services might be.
CO2 with earth globe.

Complex alternative to carbon tax questioned

Commercial and multi-residential real estate owners will catch a significant share of the fallout from Ontario's pending cap-and-trade system, but a projected natural gas price increase in the range of $0.84 to $1.05 per gigajoule is lower than carbon tax rates in British Columbia or Alberta.
Bill 106

Five ways Bill 106 will facilitate e-governance

Bill 106 is written with modern realities in mind — at a time when software is eating the world. The condo industry is about to experience the same.