View Online | Sign Up | Archives September 1, 2020
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CECRA now closed to new applicants
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With the August 31 deadline for first-time applications for Canada Emergency Commercial Rent Assistance (CECRA) now passed, the three-month program that evolved into five months of relief is closed to new recipients. Despite previous last-minute extensions — announced on June 30 and July 31 — knowledgeable followers of government machinations weren’t expecting a repeat yesterday.

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Headline News
»Ontario announces plan to freeze rents
 
»NRCan to fund commercial uptake of ISO 50001
 
»GRESB response demonstrates ESG momentum
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Scientists Recommend Drying with Paper Hand Towels

Drying your hands with paper hand towels is the most effective method for reducing the proliferation of bacteria among people, and for limiting the dispersion of bacteria into the environment.» READ MORE 

»Alberta supports study for hyperloop project
 
»High-rise builders flagged in new flooding insight
 
»WTO okay with provinces buying biomass power
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Preference for multifamily assets signalled

Under COVID-19-induced pressure, investors, lenders and public markets are signalling a preference for multifamily assets.  »READ MORE

IN CASE YOU MISSED IT:
Commercial office watchwords attuned to COVID

Sublets and suburbs are commercial office watchwords for real estate analysts striving to gauge COVID-19’s impact on future demand, income and value. For now, many typify a second quarter uptick in downtown sublet activity as a spurt, not a glut. However, they project the trend is likely to continue, and they’re watching for signs of downtowners migrating farther afield. »READ MORE

 
 
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