The City of Saskatoon has tabled their epic discussion on a
two-year budget for 2020/2021.
While the preliminary budget released this summer projected a 3.97 per cent property tax increase overall, we can all breathe a sigh of relief because it will only be 3.7 per cent.
Wait, what the heck?! That’s still a lot!
This is not good news for anyone, especially commercial
property owners who already carry a greater tax load than their residential
The overall Saskatoon vacancy rate has been trending lower
since its peak in 2016. Our Q319 Industrial Market survey reports an overall
current vacancy rate of 6.04 per cent.
That one number does not, however, reveal the complete story.
I consider a rate under 5 per cent to reflect a relatively
How close are the eight submarkets to regaining balance?
Here’s an overview along with the factors that are important to consider surrounding that question.
Canadians have never been more in love with household pets.
According to the latest statistics from the Canadian Animal
Health Institute (CAHI), there are 8.2 million dogs and 8.3 million cats in
That’s a ten per cent increase over the past ten years,
This equates to approximately 41 per cent of all homes
having one dog, or 37 per cent having one cat.
It’s no surprise then that the pet business is booming.
As a commercial real estate broker/advisor, the type of
assignments I take varies significantly.
They’re never boring; there’s a different nuance to every
I started my career in real estate sales when I was 20 years
old and to this day, still find it immensely rewarding when a client’s goals
are met through a closed transaction.
With commercial mortgage rates at historic lows and good availability of funds, we don’t find occasion where these alternative finance options are often used.
There are however times when an alternative strategy is required for the buyer to fund the deal.
It seems like just yesterday that Justin Trudeau shocked
Westerners with a decisive victory in the 2015 federal election.
However, it’s been a brisk four years and now everyone’s
hitched back up on the old campaign trail.
As is the season, all parties are setting their plans
forward for Canadians should they get a chance to lead.
I may have to read between the lines a little, but is there
anything in these election promises for the commercial real estate industry?
It was represented to you that you have an option to renew.
There is a specific clause in your lease that spells out
details of that option to renew.
However, can that clause effectively achieve what you intend
Technically, I suppose they’re both!
Though apartments buildings may exist in traditional
residential zoning, they absolutely qualify as a commercial investment
I started writing my blog to increase my social media footprint. While it has helped, it’s no longer my purpose.
Rather, I now enjoy expressing my thoughts on issues that pop up in my week. It’s usually something that has happened that inspires me to write about a topic…here’s what’s on my mind.
I want to work with a professional, whether it may be financial, medical or technical, that’s prepared to, at times, tell me what I need to hear.
If I am working with an individual or firm that is always selling me and/or agreeing with my line of thinking, I’m inclined to move on.
Too sick for work can be a subjective term.
I must admit I’ve pushed the limits and found myself exiled
from the office on more than one occasion for coming to work when I should
legitimately be at home.
I would say my average yearly sick days would even out
around 3 or 4 maybe.
Which puts me well below recent statistics that say
government employees are averaging in at 12.2 days lost per year.