Forward | Unsubscribe | Sign Up | Archives November 11, 2016
1. Woodfibre LNG project in B.C. gets green light
Construction for the $1.6 billion Woodfibre LNG project in B.C. could begin in 2017. The board of directors has approved construction of the project near Squamish, the first major LNG project in the province to make a final investment decision. This project will be the cleanest LNG project in the world and one of the largest private-sector investments in the Lower Mainland’s history.
2. REALPAC survey reveals disproportionate tax rates
Canadian cities have extended the ongoing trend of decreasing commercial tax rates in an effort to promote business growth, according to a new report released by REALPAC (Real Property Association of Canada).
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3. Regs likely to have minor impact on purchases
The province of Ontario is planning to license and regulate home inspectors, who would need to be properly qualified and meet minimum standards for home inspection reports, among other things. What would this mean for condominium purchases?
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4. ASHRAE 90.1 adds multi-res lighting proviso
Developers of multi-residential buildings can expect more pointed direction on their lighting choices as North American jurisdictions update their building regulations.
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5. CRE market hazy amidst looming Trump presidency
In light of Donald Trump being elected as 45th president of the United States, CBRE has issued a statement outlining several of Trump’s proposals that could benefit commercial real estate, and others that could unfavorably affect property markets.
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