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Parsing Ontario’s electricity cost allocation

Ontario’s large commercial electricity customers can approach the looming annual decision about their billing structure for the 12 months beginning July 1 with the assurance of long-term relief on a portion of their costs. That’s to be weighed against uncertainties around energy demand and whether a locked-in cost allocation formula that looked favourable in pre-pandemic times will remain so until June 30, 2022.


Headline News
»Commercial buildings named ENERGY STAR winners
»CPP among global top 10 real estate investors
»Canderel acquires prime Toronto site for development
Manage your properties worry-free

As a property manager, your days are filled with time-consuming tasks, and on top of this, you are responsible for your tenants’ safety and wellbeing across the multiple properties you manage. When an emergency strikes, having a quick and efficient course of action to reduce the severity of the impact can protect tenants’ lives, belongings, and your property. » READ MORE 

Proactive Pest Management

April showers bring May flowers … and pests! Generally, many insects survive the winter months as immature larvae with the protection of heavy debris litter, and when the weather doesn’t fluctuate between thawing and freezing temperatures.  » READ MORE

»Energy training delivery agents sought
»Vancouver’s largest seismically safe school underway
»IICRC publishes revised water damage restoration standard

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Biophilic design of new TRCA HQ puts wood first

The Toronto and Region Conservation Authority (TRCA) is getting a new head office that will holistically reflect the natural water and ravine systems it has been protecting for more than 60 years. » READ MORE

Light industrial set for heavy property tax hit

Spiking property tax tolls on light industrial facilities are considered a near certainty for ratepayers in Calgary and many municipalities of British Columbia’s lower mainland, while Ontario’s postponed reassessment will insulate property owners in the Greater Toronto Area from a similar shock in the short term. Nevertheless, property tax specialists foresee a dramatic tax shift with the first post-pandemic evaluations. Across Canada, value gains in the flourishing warehouse/distribution and logistics sector have occurred in tandem with slipping office and retail values. » READ MORE

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