View Online | Forward | Sign Up | Archives May 18, 2018
1. Peak demand report cards imminent in Ontario
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Many larger commercial electricity customers in Ontario are awaiting their first peak demand report cards, due to be delivered by May 31. Instead of a grade point average, though, they’ll receive a mathematical factor to calculate their share of the bucket of costs known as the global adjustment (GA) for the 12 months beginning July 1.

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2. Rents for industrial space continue to rise as demand outpaces supply

Insatiable demand for industrial space in Canada continues to outpace supply and drive rents higher. A new report from Avison Young has revealed a record-low national industrial vacancy rate of 3.3 per cent in the first quarter of 2018 – down 40 basis points (bps) year-over-year. Read More »

3. Green certified office space no rarity in Canada

Green certified office space now predominates in the Vancouver and Toronto markets. A new study from CBRE and the Netherlands’ Maastricht University concludes that, on a square footage basis, more than 50 per cent of the commercial inventory in the two cities now boasts LEED or BOMA BEST status. Read More »

4. Reynolds named Construction Lawyer of the Year
Bruce Reynolds at Singleton Urquhart Reynolds Vogel LLP has been named Global Construction Lawyer of the Year for 2018 by Who’s Who Legal. Reynolds was named in a category comprised of top-ranked construction lawyers from around the world. Read More »
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5. Toronto Central YMCA receives prestigious award
The Metropolitan Toronto Central YMCA has received the Prix du XXe siècle, an award that recognizes outstanding contribution to Canadian architecture of 20th century design. Read More »
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