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Ontario’s Cap-And-Trade Program Is Officially Dead

Posted in Appointments, Bylaws / Regulations, Communications, Employment, Finance, Industry Trends, Legislation, Newsworthy, Tax Law, Utility Management

Ontario’s Cap-And-Trade Program Is Officially Dead

Killing the program was one of Premier Doug Ford’s key election promises. The Ontario government has passed legislation to repeal the province’s cap-and-trade system, putting the final nail in the coffin of a program Premier Doug Ford has long promised to scrap. The bill was introduced in July but the final vote was delayed when an environmental group launched legal action against the government, alleging the province had flouted the province’s Environmental Bill of Rights by...

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Government support for energy sector growth urgently needed: RBC’s McKay

Posted in Bylaws / Regulations, Communications, Industry Trends, Legislation, Newsworthy, Utility Management

Government support for energy sector growth urgently needed: RBC’s McKay

The CEO of the Royal Bank says the oil and gas sector is poised to deliver billions of dollars in new revenue to Canadian governments over the next decade by meeting growing global energy demand but it can’t do it without urgently needed support. Dave McKay, who has previously taken Ottawa to task over Canada’s lagging tax competitiveness with the U.S., says a new RBC study suggests that Canadian governments could earn an extra $195 billion in revenues between now and 2030 with the...

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Ontario Faces An Electricity Shortage, And Doug Ford Is Making It Worse

Posted in Bylaws / Regulations, Communications, Finance, Industry Trends, Newsworthy, Utility Management

Ontario Faces An Electricity Shortage, And Doug Ford Is Making It Worse

Ontario will face electricity shortages in the coming years, as the loss of supply from a planned shutdown of a major nuclear power plant is made worse by the provincial government’s cancellation of renewable energy projects. In a recent forecast, the Independent Electricity System Operator (IESO) — the Crown corporation that runs the province’s electric grid — predicted that, if nothing changes, Ontario will start seeing electricity shortages during peak summer periods starting in...

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Manitoba backs out of planned carbon tax, maintains ‘green plan’

Posted in Communications, Finance, Housing, Industry Trends, Legislation, Newsworthy, Utility Management

Manitoba backs out of planned carbon tax, maintains ‘green plan’

WINNIPEG — Manitoba Premier Brian Pallister did an about-face on carbon taxes Wednesday, abandoning plans to start charging a levy in December and joining other conservative leaders in flat-out opposition to federal plans. Pallister announced a year ago he would enact a $25-a-tonne carbon tax and keep it at that rate. That would have increased the price of gasoline by 5.3 cents a litre and raised other energy costs. The federal government has said provinces have to enact a cap-and-trade...

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‘No good way out of this’: Why controversial legislation might not solve Trudeau’s pipeline problem

Posted in Bylaws / Regulations, Communications, Employment, Finance, Industry Trends, Legislation, Newsworthy, Utility Management

‘No good way out of this’: Why controversial legislation might not solve Trudeau’s pipeline problem

Justin Trudeau has a plan to get new Canadian pipelines built, but legal experts warn the prime minister could fail to get shovels back in the ground under his proposed changes. The federal plan to revamp how major natural resource proposals are reviewed – a series of legislative changes contained in Bill C-69 – will make future pipeline approvals “much less likely to be slapped down with a court case,” Trudeau said during an early September visit to Edmonton. His comments came less than a...

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Phasing in Energy Efficiency: Why Your Multifamily Building Needs Fixed Over Slider Windows

Posted in Communications, Exterior Building, Finance, Health & Safety, Industry Trends, Maintenance, Newsworthy, Utility Management

Phasing in Energy Efficiency: Why Your Multifamily Building Needs Fixed Over Slider Windows

The average aluminum window cannot outlast the economic life of an apartment building. As such, building owners will look at replacing their windows at least once within the building’s first 50 years of existence. The landlord benefits from energy savings due to less air leakage through the windows and tenants are able to live more comfortably with a more air tight seal. Aluminum sliding windows are being phased out for a window that captures the best of both worlds: great ventilation and even...

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Doug Ford’s Ontario PCs Say Killing Cap-And-Trade System Will Cost $5M

Posted in Bylaws / Regulations, Communications, Finance, Housing, Industry Trends, Legislation, Newsworthy, Tax Law, Utility Management

Doug Ford’s Ontario PCs Say Killing Cap-And-Trade System Will Cost $5M

The environment minister believes the business community will like the move. Ontario’s new Progressive Conservative government expects to spend up to $5 million to compensate companies that bought into the province’s cap-and-trade system, the provincial environment minister said Wednesday before moving to repeal the carbon pricing program. Rod Phillips introduced a bill that, if passed, will lay out the legal framework to wind down cap and trade, as well as the criteria for...

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Hydro One’s next CEO faces government risk, lower pay: Expert

Posted in Appointments, Communications, Employment, Finance, Industry Trends, Legal, Newsworthy, Professional Services, Utility Management

Hydro One’s next CEO faces government risk, lower pay: Expert

What should the new Hydro One (H.TO 1.79%) chief executive expect in their new role? According to one expert on executive compensation, the utility’s next leader should be prepared to run a company fraught with potential government interference and risk, a salary package below the industry standard – and the opportunity to run one of North America’s biggest electricity distributors during a period of intense consolidation. The abrupt retirement of former Hydro One CEO Mayo Schmidt and...

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What are tenants’ rights under proposed marijuana laws?

Posted in Bylaws / Regulations, Communications, Fire Safety, Health & Safety, Housing, HVAC / Mechanical, Industry Trends, Insurance, Interior Building, Janitorial, Legislation, Maintenance, Newsworthy, Real Estate Law, Utility Management

What are tenants’ rights under proposed marijuana laws?

With the federal government’s announcement to legalize recreational marijuana by October 2018, landlords across Canada have been raising concerns about marijuana use in rental units. Many landlords want to prohibit tenants from growing and smoking marijuana on their properties, but one lawyer says it may not be so easy. Bob Aaron, a Toronto-based real estate lawyer, said that just like with cigarette use, landlords may not be able to prevent all tenants from smoking marijuana inside their...

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Billions of dollars in limbo as Doug Ford nixes cap and trade

Posted in Appointments, Bylaws / Regulations, Communications, Finance, Industry Trends, Legislation, Newsworthy, Rebates, Tax Law, Utility Management

Billions of dollars in limbo as Doug Ford nixes cap and trade

The cancellation of Ontario’s cap-and-trade system will leave billions of dollars in carbon credits in limbo and consumers on the hook for pricey home upgrades that were expected to be part of a rebate program. Incoming premier Doug Ford has vowed to immediately dismantle cap and trade, but has offered few details on how the system will be wound down, and how or if participating companies will be reimbursed. Jennifer Small, president of a national group that represents the Canadian window and...

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