View Online | Sign Up | Archives October 27, 2020
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Property tax ratios epitomize commercial burden
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Vancouver and Calgary took significant steps to narrow their commercial-to-residential property tax ratios in 2020, and Ottawa and Toronto also continued to incrementally close the gap that still sees commercial property owners in those cities taxed at two-and-a-half to three-and-a-half times the rate applied to residential households. In contrast, Montreal’s commercial ratepayers were apportioned an even larger share of the property tax burden than in 2019.

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Headline News
»Toronto and Vancouver outdo most U.S. markets
 
»Real estate confidence barometer resets from Q2
 
»Cadillac Fairview unveils plans for Pointe-Claire Mall redevelopment
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The Buzz on Embodied Carbon

A building owner’s guide to EC emissions and LCAs. As climate change becomes a growing concern for cities around the world, opportunities for reducing carbon emissions have been widely embraced by the building sector. » READ MORE 

»Report suggests new building codes aren’t tough enough on energy efficiency
 
»Rebate extension postpones hydro cost hit
 
»Employees absorb most home workspace costs
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Building CRE Asset Value in a Post-Pandemic World

It’s time to say goodbye to “business as usual.” The 2020 pandemic has forever altered the commercial real estate industry, and conditions aren’t likely to return to normal for a long time to come» READ MORE

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Superintendents’ rare pay status challenged

COVID-19 has brought heightened cleaning duties and more demands from stay-at-home building occupants for many residential superintendents. » READ MORE

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IN CASE YOU MISSED IT:
Ontario unveils more regulatory adjustments

A recycled title adorns a fresh package of Ontario government regulatory adjustments, framed as red tape reduction. Bill 213, the Better for People, Smarter for Business Act, 2020, is an omnibus effort to amend more than two dozen statutes. As with the identically dubbed 2019 iteration of the legislation, which received royal assent last December, it comes in tandem with announced plans to revise or repeal numerous regulations under these and various other Acts. » READ MORE

 
 
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