Top 10 government policies / actions impacting CRE in Canada

Altus Insights Podcast Series

Date: November 17, 2022

Name of podcast: Altus Insights Podcast Series

Episode title and number: Episode 13 – Top 10 government policies / actions impacting CRE in Canada

Episode summary: Marlon Bray and Raymond Wong share their top 10 list of municipal, provincial and national government actions that are making or will be making the most impact to Canada’s CRE market.

Mentioned in this episode:

• More Homes Built Faster Act
• “Alberta is calling” campaign

Panelists in this episode:

• Raymond Wong is the Vice President of Data Operations for Altus Group’s Data Solutions team. Overseeing 60+ researchers across Canada, Ray’s primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines. Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely. He also regularly presents on key market trends to clients and at industry events.

• Marlon Bray is the head of Altus Group's Ontario pre-construction and contract administration services as part of the Cost and Project Management team. With over 25 years of experience, specializing in budgeting, value optimization, and providing visibility on risk through the entire lifecycle from early due diligence through to completion. Marlon oversees a team that leads the way with cutting-edge estimating technology and data analytics, bringing a greater level of transparency, and added value to all projects he is involved with.

Key topics:

• 01:20 – Marlon presents the top 10 government policies/actions
• 03:34 – Ray addresses impacts to residential and commercial based on government actions
• 08:10 – Is there a shift to positivity in the CRE market?
• 09:10 – Digging into the More Homes Built Faster Act
• 10:15 – Spectrum of concerns for the market persist
• 12:35 – Predictions for 2023-2025
• 14:24 – Light at the end of the tunnel?

Watch a video recording of this podcast episode

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