View Online | Forward | Sign Up | Archives May 24, 2019
1. Global adjustment status quo foreseen into 2020
Commercial landlords have been left off the stakeholder list for Ontario’s in-progress consultation on industrial electricity prices, but any resulting overhaul of hydro rates is expected to flow through to the operating costs of a broad range of non-residential buildings. Hosts of a recent seminar to help commercial electricity customers explore options to mitigate the global adjustment (GA) apportionment on their hydro bills caution that the rules could be changing.

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2. All-female development team breaks ground in Ontario

A residential project in Etobicoke, Ontario, has the unique distinction of being led by the country’s first all-women development team. The project, called Reina, will turn the city’s former House of Lancaster site along The Queensway into a new residential complex. Read More »

3. Invesque to acquire Commonwealth Senior Living

Invesque Inc. (Invesque) has announced plans to acquire Commonwealth Senior Living (Commonwealth) and 20 private pay senior living communities comprising 1,440 units with 1,716 beds for a purchase price of US$340.4 million.
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4. Investor interest in rental properties remains high
Altus Group released its latest Housing Report highlighting recent sales activity across Canada. The insights garnered from the range of proprietary data produced by Altus indicate that investor interest in rental properties remained high in 2018. Read More »
5. Industry welcomes removal of steel tariffs
The removal of U.S. steel  and aluminum tariffs along with all Canadian countermeasures is being welcomed by the construction industry.  Read More »
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