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Developers decry pullback on property tax grant

Office tower developers have encountered unanticipated restrictive criteria for a property tax grant tied to Toronto’s economic development strategy. A report prepared for Toronto Council recommends rejecting six applicants collectively investing more than $3.5 billion in the city’s financial district because property tax relief is not deemed critical to their projects’ viability.


Headline News
»Costs of dismantling cap and trade queried
»KingSett’s Jon Love named to Order of Canada
»North York Central Library reopens after renovation
Restoring a Canadian mall damaged by fire
Time was of the essence when an electrical fire spread chaos through a major Canadian mall in the summer of 2017. With one of the region’s largest business centres under threat, first responders had to move quickly to contain the blaze, and secure occupant safety, before the damage could spread. »READ MORE
$40-billion in NHS funding set to bring affordable housing to thousands of Canadians
As a nation, we are facing a lack of affordable housing that has contributed to a level of chronic homelessness that we cannot accept and has left around 1.7 million Canadian families without a home that meets their basic needs and that they can afford. »READ MORE
»Digging into development under Premier Ford
»Canada’s TOBYs reflect broad based excellence
»Ontario qualifies previously approved EVC grants
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Mississauga tests the waters with solar panels

The City of Mississauga is testing the waters with solar panels as a supplemental heat source for its busiest — and highest utility-consuming — outdoor pool this summer. If data-tracking confirms staff’s forecast for energy savings, the pilot will plunge the annual gas use of the Lions Club Credit Valley Outdoor Pool by around 5,650 cubic metres. »READ MORE

Climate risk serves up shocks and stressors

Risk management based solely on insurance coverage is a bad gamble in an era when resiliency specialists warn “water is the new fire”. Speaking at a special breakfast event in conjunction with Canada Green Building Council’s (CaGBC) recent annual national conference in Toronto, they categorized measures to avoid or minimize flood damage and prepare for long-term power outages among the most cost-effective design decisions and capital investments that building owners/managers can make. »READ MORE

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