Industrial, Commercial & Investment

Industrial, Commercial & Investment

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Bill 192, Protecting Small Business Act, 2020 came into force on June 18. The goal of the act was to strong-arm qualifying landlords into the Canada Emergency Commercial Rent Assistance (CECRA) program.

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Clean it and they will come. Don’t and it could cost you your business. If a customer, client or guest looks into your business and doesn’t think it’s safe to venture inside, chances are they won’t.

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A coalition of commercial property owners across Canada is calling on provincial governments to provide direct supports to struggling small businesses, instead of blanket non-eviction measures.

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Many lawyers are counseling landlords to not agree to the CECRA program if the landlord wouldn’t be financially able to grant the rent reduction without financial assistance from the government. Why?

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A report by CBRE says COVID-19 “has impacted the Canadian accommodation industry more suddenly and severely than any other commercial real estate sector.”

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While traditional cold calling has become more challenging, does this mean it no longer works? Avoid these five common mistakes.

Avison Young helped Darvonda Nurseries create seven new pop-up stores to sell most of its spring plant inventory.

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Avison Young helped Darvonda Nurseries create seven new pop-up stores. Darvonda Nurseries needed a solution to sell up to 80 per cent of its annual vegetable and potting plants or risk going out of business.

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COVID-19 showed me that, notwithstanding one’s legal rights, landlords and tenants can co-operate, especially since their survival was interdependent. This is especially true during the height of COVID-19.

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Although technology has allowed for remote work for years, most companies have not figured out working from home at scale and many employees are experiencing challenges doing it for an extended period of time, says Lisa Fulford-Roy, SVP and head of CBRE’s Canadian Workplace Strategy Practice in Toronto.

Sheila Botting

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Sheila Botting is joining Avison Young in Toronto as principal and president, professional services, Americas. The company says Botting will build a professional services practice across the Americas as the firm invests in expanding its integrated services offerings.