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Media Releases

OMBUDSMAN REPORTS ON 2019-2020 – “A YEAR LIKE NO OTHER”

Posted in Coronavirus, Industry Trends, Media Releases, Newsworthy

OMBUDSMAN REPORTS ON 2019-2020 – “A YEAR LIKE NO OTHER”

Releasing his latest Annual Report today, Ontario Ombudsman Paul Dubé reflected on the stunning and ongoing challenges faced by the province’s public sector due to the coronavirus pandemic. “The profound shock to our public infrastructure and systems will provide countless lessons, as well as opportunities to strengthen them in future,” writes Mr. Dubé, whose office handled 26,423 complaints and inquiries about broader public sector services in fiscal 2019-2020. “We stand ready, as always, to...

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CAPREIT ADVANCES TORONTO OPERATING LEASE BUYOUT STRATEGY

Posted in Finance, Media Releases, Newsworthy

CAPREIT ADVANCES TORONTO OPERATING LEASE BUYOUT STRATEGY

Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has agreed to prepay the buyout of eight operating leases for properties in Toronto, which are expected to close by June 30, 2020.  The properties are located at 88 Isabella Avenue, 30 Livonia Place, 500 Murray Ross Parkway, 10 San Romanoway, 411 Duplex Avenue, 77 Huntley Street, 33 Orchardview Boulevard and 33 Davisville Avenue. CAPREIT has executed binding agreements for these...

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DEVIMCO TAKES AN IMPORTANT STEP IN COMPLETING A REVOLUTIONARY $500-MILLION PROJECT TAILORED TO TELEWORKING

Posted in Development, Exterior Building, Housing, Industry Trends, Interior Building, Media Releases, Newsworthy

DEVIMCO TAKES AN IMPORTANT STEP IN COMPLETING A REVOLUTIONARY $500-MILLION PROJECT TAILORED TO TELEWORKING

Devimco Immobilier applauds the imminent signing of a memorandum of understanding with the City of Longueuil that will pave the way for the development of a major and avant-garde multifunctional real estate project in the area of the city’s downtown core and Longueuil–Université-de-Sherbrooke métro station. The agreement must first be approved by Longueuil City Council on May 26. Valued at nearly $500 million, this transit-oriented development (TOD) project, with a total area of 1.2...

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RHB TV – INTERVIEW WITH PETER ALTOBELLI OF YARDI CANADA AND PROVINCIAL REOPENING PLANS

Posted in Coronavirus, Industry Trends, Media Releases, Newsworthy, Technology

RHB TV – INTERVIEW WITH PETER ALTOBELLI OF YARDI CANADA AND PROVINCIAL REOPENING PLANS

An interview with Peter Altobelli of Yardi Canada on technology, post COVID-19. We also cross Canada to cover provincial reopening plans. Watch Now

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ONTARIO REACHES FIRST STAGE OF RESTARTING ECONOMY. HERE’S A LIST OF BUSINESSES ALLOWED TO REOPEN

Posted in Coronavirus, Employment, Finance, Health & Safety, Industry Trends, Media Releases, Newsworthy

ONTARIO REACHES FIRST STAGE OF RESTARTING ECONOMY. HERE’S A LIST OF BUSINESSES ALLOWED TO REOPEN

A slew of businesses in Ontario—including some retail stores, recreation and sport facilities, and professional workplaces—reopened on Tuesday after a months-long shutdown due to the COVID-19 pandemic. Last week, Ontario Premier Doug Ford announced his intention to move forward with his plan to jumpstart the economy, which has largely been in lockdown since he declared a state of emergency in mid-March. The province entered the first stage of the “restart phase” of reopening, as outlined in...

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CONSTRUCTION TO BEGIN THIS SUMMER ON $30-MILLION, EIGHT-STOREY APARTMENT BUILDING ON CHARLOTTETOWN WATERFRONT

Posted in Affordable Housing, Development, Housing, Media Releases, Newsworthy, Rental Rates, Vacancy Rates

CONSTRUCTION TO BEGIN THIS SUMMER ON $30-MILLION, EIGHT-STOREY APARTMENT BUILDING ON CHARLOTTETOWN WATERFRONT

Construction on a new $30-million, eight-storey apartment building on the Charlottetown waterfront is expected to begin this summer. The city and Pan American Properties signed a development agreement over the winter for a 99-unit complex that will be located on a vacant lot behind Renaissance Place (the former Sacred Heart Home) on Haviland Street, between the Queen Charlotte Armouries and the culinary institute. Coun. Greg Rivard, chairman of the planning and heritage committee, said the...

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HEALTH AND SAFETY ASSOCIATION GUIDANCE DOCUMENTS FOR WORKPLACES DURING THE COVID-19 OUTBREAK

Posted in Coronavirus, Health & Safety, Industry Trends, Janitorial, Media Releases, Newsworthy

HEALTH AND SAFETY ASSOCIATION GUIDANCE DOCUMENTS FOR WORKPLACES DURING THE COVID-19 OUTBREAK

The Ontario government works closely with four provincial health and safety associations (HSAs) to help set, communicate and enforce the Occupational Health and Safety Act. In partnership with the Ministry of Labour, Training and Skills Development, the HSAs have released a series of more than 50 technical sector guidance documents to further support employers and employees in remaining safe in the workplace during the COVID-19 outbreak. Infrastructure Health and Safety Association (IHSA)...

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SEVERAL PROVINCES BEGIN EASING COVID-19 LOCKDOWN RESTRICTIONS

Posted in Bylaws / Regulations, Coronavirus, Employment, Finance, Health & Safety, Industry Trends, Media Releases, Newsworthy

SEVERAL PROVINCES BEGIN EASING COVID-19 LOCKDOWN RESTRICTIONS

A much anticipated new phase in the COVID-19 pandemic starts today with several provinces beginning the process of slowly loosening some of their lockdown restrictions. Quebec, which accounts for more than half of Canada’s coronavirus cases, including deaths from the illness, is reopening retail stores outside Montreal while those in the greater Montreal area are to reopen on May 11. Ontario, the other epicentre for the virus, is allowing a small list of mostly seasonal businesses to...

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TRUDEAU ANNOUNCES RENT RELIEF OF 75% FOR SMALL BUSINESSES AFFECTED BY CORONAVIRUS

Posted in Coronavirus, Finance, Industry Trends, Media Releases, Newsworthy, Rental Rates

TRUDEAU ANNOUNCES RENT RELIEF OF 75% FOR SMALL BUSINESSES AFFECTED BY CORONAVIRUS

The federal government is providing rent relief to businesses that can’t afford to pay their landlords at a time when their operations are seriously curtailed or shut down due to the COVID-19 pandemic. The federal help, expected to lower rent by 75 per cent for affected small businesses, will be provided in partnership with the provinces and territories, which have jurisdiction over rents. The Canada Emergency Commercial Rent Assistance for small businesses will provide forgivable loans to...

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UPDATED LIST OF ESSENTIAL BUSINESSES IN ONTARIO

Posted in Coronavirus, Employment, Health & Safety, Industry Trends, Legislation, Media Releases, Ministry Of Labour, Newsworthy, Professional Services

UPDATED LIST OF ESSENTIAL BUSINESSES IN ONTARIO

Following advice from Ontario’s Chief Medical Officer of Health, on April 3, 2020, Ontario updated the list of essential businesses that can remain open. The restrictions are aimed at further reducing contact between people and stopping the spread of COVID-19. By 11:59 p.m. Saturday, April 4, 2020, businesses that are not identified on this list must close their physical locations. For the purposes of this order, businesses include any for-profit, non-profit or other entity providing the goods...

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