Canadian real estate companies lag somewhat behind their global peers in the uptake of the IT and data-based technologies and services collectively labelled as proptech. Analysis of recent survey data from 188 companies worldwide shows Canadian respondents generally in sync with prevailing views of proptech potential, but still at a relatively early stage of recognizing and pursuing the full range of opportunities it could deliver.
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Pay raise, slowing volume, shortage of workers
This year’s annual survey of approximately 1,000 construction companies based in British Columbia finds 64 per cent of construction contractors reporting that they cannot find enough workers. »READ MORE
IN CASE YOU MISSED IT: Low-carbon earners scarce in listed real estate
Real estate has a low profile among low-carbon earners on the newly released 2020 Carbon Clean200 list of publicly traded companies that derive at least 10 percent of their total revenue from products and services tied to a clean economy. Technically, three real estate entities make this year’s list. but just two of them have conventional commercial real estate portfolios..»READ MORE