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Ontario to delay next property tax cycle

Ontario property owners will have one less shifting tableau to contemplate with the postponement of this year’s planned reassessment, which also delays a new four-year property tax cycle that had been slated to begin in 2021. The move was announced in last week’s provincial economic and fiscal update among several measures in response to the COVID-19 outbreak, but additionally opens a window to adjust the mechanics of the assessment process itself.


Headline News
»Multifamily and retail stability on priority list
»Hotels brace for steeply sliding RevPAR in Q2
»Smart buildings harnessed for pandemic response
5 (More) Reasons to Design with Timber

The endless benefits of working with wood. When it comes to visual appeal in the built environment, mass timber is in a league of its own.  » READ MORE 

»Property funds possess stabilizing mechanisms
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»Help for landlords facing revenue loss

FH&S Building Supplies Ltd. is one of Ontario's premier maintenance supply wholesalers. We specialize in the multi-unit residential space; providing quality products, competitive prices, on-time delivery, and product knowledge second to none. We exist to service & supply the property management industry.  »VISIT OUR WEBSITE

Favoured lease horizons vary with economy

Big data underpins analysis from MSCI demonstrating that a higher weighting of long leases delivers better results in the face of a downturn. »READ MORE

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Energy demand load shifts to residential base

A significant reduction in greenhouse gas  emissions provides at least one bonus of these unprecedented times. Energy management specialists affirm that it won’t be a simple neutral shift from the commercial to the residential sector. Rather, commercial reductions should far outweigh the uptick residential buildings might cause. »READ MORE

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