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.
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
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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
IN CASE YOU MISSED IT: 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