SOCIAL HOUSING AND
\nTHE VALUE OF AN EXPERT <\/p>\n
Les logements sociaux
\net la valeur d\u2019un expert<\/p>\n
VOL 58 | BOOK 3 \/ TOME 3 | 2014<\/p>\n
CONVENANTS RUNNING
\nWITH THE LAND <\/p>\n
Covenants courant
\navec un terrain<\/p>\n
COMMERCIAL LEASE ANALYSIS:
\nTRIPS AND TRAPS <\/p>\n
Pi\u00e8ges et attrapes en analyse
\ndes baux commerciaux<\/p>\n
T H E O F F I C I A L P U B L I C A T I O N O F T H E A P P R A I S A L I N S T I T U T E O F C A N A D A
\nP U B L I C A T I O N O F F I C I E L L E D E L\u2019 I N S T I T U T C A N A D I E N D E S \u00c9 V A L U A T E U R S<\/p>\n
A personal
\nphilosophy
\ngeared for success<\/p>\n
Une philosophie
\npersonnelle
\nax\u00e9e sur le succ\u00e8s<\/p>\n
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Josiane Leduc
\nAACI, P.App<\/p>\n
mailto:info@aicanada.ca<\/p>\n
www.aciweb.com
\nmailto:ideas@aciweb.com<\/p>\n
Accelerating success.<\/p>\n
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06 Executive Corner
\nAFFECTING POSITIVE CHANGE
\nTHROUGH ACTIVE INVOLVEMENT<\/p>\n
26 Legal Matters
\nCOVENANTS RUNNING
\nWITH THE LAND <\/p>\n
31 Advocacy
\nADVOCATING AND
\nPROMOTING OUR MEMBERS <\/p>\n
34 Professional Practice Matters
\nRAISING MEMBER
\nAWARENESS ON PROFESSIONAL
\nPRACTICE MATTERS<\/p>\n
52 NEWS<\/p>\n
54 DESIGNATIONS, CANDIDATES,
\nSTUDENTS<\/p>\n
10 Le coin de l’ex\u00e9cutif
\nL\u2019ENGAGEMENT ACTIF,
\nFACTEUR DE CHANGEMENT POSITIF<\/p>\n
28 Questions Juridiques
\nCOVENANTS COURANT
\nAVEC UN TERRAIN<\/p>\n
32 D\u00e9fense
\nD\u00c9FENSE ET PROMOTION
\nDE NOS MEMBRES <\/p>\n
37 Parlons pratique professionnelle
\nSENSIBILISER LES MEMBRES
\nDAVANTAGE AUX QUESTIONS
\nDE PRATIQUE PROFESSIONNELLE<\/p>\n
52 NOUVELLES<\/p>\n
54 D\u00c9SIGNATIONS, STAGIAIRES,
\n\u00c9TUDIANTS<\/p>\n
COLUMNS \/ CHRONIQUES<\/p>\n
FEATURES \/ EN VEDETTE
\nVOL 58 | BOOK 3 \/ TOME 3 | 2014<\/p>\n
Publication Mails Agreement #40008249.
\nReturn undeliverable Canadian addresses to: Appraisal Institute of Canada,
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\nthe APPRAISAL INSTITUTE OF CANADA. Copyright 2014 by the APPRAISAL INSTITUTE OF CANADA.
\nAll rights reserved. Reproduction in whole or in part without written permission is strictly prohibited.
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* The Appraisal Institute of Canada reserves the right to reject advertising that it deems to be inappropriate.
\n** The publisher and the Appraisal Institute of Canada cannot be held liable for any material used or claims
\nmade in advertising included in this publication.Indexed in the Canadian Business Index and available
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\nCONF\u00c9RENCE ANNUELLE
\nREMARQUABLE<\/p>\n
A PERSONAL PHILOSOPHY
\nGEARED FOR SUCCESS
\nUNE PHILOSOPHIE
\nPERSONNELLE AX\u00c9E
\nSUR LE SUCC\u00c8S<\/p>\n
COMMERCIAL LEASE
\nANALYSIS: TRIPS AND TRAPS
\nPI\u00c8GES ET ATTRAPES
\nEN ANALYSE DES BAUX
\nCOMMERCIAUX<\/p>\n
SOCIAL HOUSING AND
\nTHE VALUE OF AN EXPERT
\nLES LOGEMENTS SOCIAUX
\nET LA VALEUR D\u2019UN EXPERT<\/p>\n
464014<\/p>\n
CONTENTS
\nTABLE DES MATI\u00c8RES<\/p>\n
18<\/p>\n
Volume 58 | Book 3 \/ Tome 3 | 2014 | \u00c9valuation Immobili\u00e8re au Canada | Canadian Property Valuation 5Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
mailto:info@aicanada.ca
\nmailto:info@kelman.ca
\nhttp:\/\/www.kelman.ca<\/p>\n
EXECUTIVE CORNER<\/p>\n
You are the newly-elected
\nPresident of the Appraisal Institute
\nof Canada (AIC). What do you
\nsee as the biggest challenges
\nin the year ahead for you as
\nan individual, for the AIC, for
\nappraisers in general, and for the
\nreal property industry overall?
\nSW: My primary challenge is to continue
\nthe pace of initiatives set down by the Board
\nand the presidents over the past two years. <\/p>\n
In particular, there are three important
\ninitiatives in which I will continue to be
\nactively involved. One is to reach out and
\nconnect with other like-minded professional
\norganizations to find synergies and build
\nrelationships that benefit our Members. The
\nsecond is to continue letting other stake-
\nholders, such as banks, AMCs and govern-
\nments, help to understand that our opinions
\nmatter critically and that AIC designated
\nappraisers should be used as the ‘Profession-
\nals of Choice’. Third is to find and grow new
\nbusiness opportunities for our Members in
\norder to diversify their work portfolios.<\/p>\n
The challenges for appraisers in general
\nare to embrace change and to seize the
\nopportunities when they arise in order
\nto help grow and expand their incomes.
\nAlso, they need to see themselves as pro-
\nfessionals who are worthy of being paid
\nprofessional rates. <\/p>\n
As for the real property industry, it needs
\nto understand that the pressures facing
\nappraisers, especially the work conducted
\nfor residential mortgages, are significant
\nand that hiring a professional, designated <\/p>\n
appraiser adds value to their real estate
\ninvestment decision. The lending industry
\nneeds to shift its focus from \u201cquick turn-
\naround and low fees\u201d to \u201cquality appraisal
\nreports at a reasonable cost.\u201d If the value
\nproposition does not soon rise in the resi-
\ndential mortgage, I am concerned that, as in
\nthe UK and Australia, we will see more of
\nour Members stop undertaking the work \u2013
\nthe market could become bogged down and
\nless efficient. Our Members have invested
\nconsiderable time and costs to obtain their
\ndesignations. Unfortunately, the risk-to-
\nreward value proposition is beginning to
\nbecome questionable to many.<\/p>\n
As the new President, you will
\nbe spearheading the implemen-
\ntation of the new Strategic Plan
\nfor 2015-2018 (see sidebar on page 9).
\nWhat are the AIC’s priorities in the
\nyear ahead relative to the Strategic
\nPlan that has been mapped out?
\nSW: The 2015-2018 Strategic Plan was
\ndeveloped based on a membership survey
\nand consultations with other key stake-
\nholders. This is the Members\u2019 Strategic Plan
\nfor 2015-2018 and I am privileged to be
\nleading the first year of its implementation. <\/p>\n
My goal over the next year is to have
\nthe Board examine new areas and roles that
\nhelp to increase Member profitability; take
\na much larger advocacy role with regulators,
\ngovernments, and lenders; continue our
\nstrong marketing and communications
\nbranding; and, finally, continue to improve
\nupon our risk-based model of insurance.<\/p>\n
AIC President Scott Wilson, AACI, P.App <\/p>\n
AFFECTING POSITIVE CHANGE
\nTHROUGH ACTIVE INVOLVEMENT<\/p>\n
Scott Wilson, AACI, P.App joined the
\nAppraisal Institute of Canada in 1993.
\nResiding in Prince Edward Island (PEI),
\nScott is a dedicated AIC Member who
\nhas played a significant volunteer role in
\nhis provincial association as well as on
\nthe national Board of Directors. Now, as
\nPresident of AIC, Scott has clear plans for
\nthe next year. His focus is clearly set on the
\ngoal of advancing AIC Members\u2019 as the
\n‘Professionals of Choice’. This interview
\nreveals his plans and provides AIC
\nmembers with the opportunity to get to
\nknow their new President.<\/p>\n
\u201cTHE CHALLENGES FOR
\nAPPRAISERS ARE TO <\/p>\n
EMBRACE CHANGE AND TO
\nSEIZE THE OPPORTUNITIES <\/p>\n
WHEN THEY ARISE IN
\nORDER TO HELP GROW AND <\/p>\n
EXPAND THEIR INCOMES.\u201d<\/p>\n
Canadian Property Valuation | \u00c9valuation Immobili\u00e8re au Canada | Volume 58 | Book 3 \/ Tome 3 | 20146 Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
EXECUTIVE CORNER<\/p>\n
What do you feel have been the
\nbiggest accomplishments of the
\nAIC over the past year or two?
\nSW: In my opinion, leading the way are the
\nimprovements to our insurance program
\nin order to ensure its sustainability, effi-
\nciency, and cost effectiveness. Also, I was
\nextremely proud to have been involved in
\nthe first scope-of-work change for the CRA
\nMembers since the designation\u2019s inception.
\nMapping our core competencies on an
\nAAC level, and the completely new website
\nand professional marketing pieces have also
\nbeen huge accomplishments. Finally, the
\nwork that has been done with our CEO
\nKeith Lancastle to ensure that the AIC has a
\ndedicated and professional staff that con-
\ntributes to the vibrancy, professionalism and
\nhealth of our association.<\/p>\n
A year from now, when you reflect
\nback on your term as President,
\nwhat do you hope will have been
\nthe AIC’s biggest accomplishments
\nin that time period?
\nSW: I want our Members to see a national
\nBoard and staff that are engaged and
\nworking tirelessly to improve the profession.
\nI would love to see appraisers feel a sense of
\nbelonging and pride as members of a group.
\nFinally, I hope we will have continued to
\nbreak down the barriers of us versus them \u2013
\nwhether that is from a national\/provincial,
\nfee\/non-fee or AACI\/CRA\/Candidate
\nperspective \u2013 and, instead, have us all realize
\nthat it is only when \u2018we\u2019 work together that
\nwe will see greater results.<\/p>\n
As well as being President of
\nAIC, you hold the same position
\nwith Wilson Real Estate Company
\nLimited in Charlottetown, PEI.
\nCan you tell us about the company,
\nthe business it conducts, and your
\nresponsibilities?
\nSW: As the President of Wilson Real Estate,
\na company founded in 1964 by my grand-
\nfather James \u2018Jim\u2019 Wilson, I have conducted
\na wide variety of appraisals including
\nwaterlots, off-shore islands, funeral homes
\nand medical centres, but I particularly
\nenjoy land valuation and highest and best
\nuse estimates. Currently, I am employed
\nat the University of Prince Edward Island\u2019s
\n(UPEI’s) School of Business. I manage and
\nconduct research for the UPEI Workforce
\nStrategies Research Group. Our research
\nprimarily covers labour force issues, both
\nfrom an employer\/employee perspective as
\nwell as from a training perspective.<\/p>\n
What was your career path that
\nled you to this, including when you
\nearned your AACI designation?
\nSW: While working in the family real estate
\nbusiness, I enrolled as an AIC Candidate in
\n1993. I completed two diplomas in Urban
\nLand Economics, both from the University
\nof British Columbia (UBC) (in Real Estate
\nManagement\/Appraisal); obtained my
\nCertified Real Estate Specialist (CRES) and
\nFellow of the Real Estate Institute (FRI)
\ndesignations from the Real Estate Institute
\nof Canada; and was awarded my AACI
\ndesignation by the AIC in 2004. I worked as <\/p>\n
a REALTOR\u00ae as well as a property appraiser,
\nand quickly focused on my appraisal business
\nin 2006. <\/p>\n
While working in the fee business, I chose
\nto complete my Executive MBA from the
\nUniversity of Prince Edward Island. During
\nmy time as a student, I had the opportunity
\nto apply for a management and research-
\nbased position. This allowed me to utilize
\nand transition my AACI knowledge, but also
\ngave me the opportunity to achieve further
\npersonal growth and learning opportunities.
\nMy position provides me greater insight into
\nthe job roles, training, skills and qualifications
\nrequired by the current workforce, but also by
\nthe workforce of the future. I find my research
\nquite meaningful and personally rewarding,
\nas I contribute to the knowledge upon which
\nevidenced-based decisions are being made
\nby all levels of government, post-secondary
\neducators, employers and employees. <\/p>\n
I have plans to refocus on my company in
\nthe future, perhaps once my volunteer com-
\nmitments to AIC have ended, as I both miss
\nand love the day to day challenges of running a
\nreal estate business. <\/p>\n
You were a founding member of
\nthe AIC-PEI. How did that come
\nabout and has it become the
\norganization that you envisioned?
\nSW: I have always been involved as a
\nvolunteer in the profession, so that I can
\nprovide input and help to change our
\nindustry for the better. I believe strongly
\nin the AIC and our role as Canada’s
\n‘Professionals of Choice’, so the decision to <\/p>\n
\u201cIT IS ONLY WHEN
\n\u2018WE\u2019 WORK TOGETHER THAT WE <\/p>\n
WILL SEE GREATER RESULTS.\u201d<\/p>\n
Volume 58 | Book 3 \/ Tome 3 | 2014 | \u00c9valuation Immobili\u00e8re au Canada | Canadian Property Valuation 7Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
EXECUTIVE CORNER<\/p>\n
How would you sum up your expe-
\nriences as a volunteer and what
\nit has meant to you personally?
\nSW: I can do so in five words: busy; fun;
\nproud; involved; happy.<\/p>\n
What advice would you give
\nto new Members entering the
\nprofession and to existing
\nMembers going forward?
\nSW: I will share the advice that my
\nfather Bob (also a Member of AIC)
\ngave me when I entered the profession.
\nYou only have one last name \u2013 never
\ndo anything that will call into question
\nyour integrity or reputation. You can
\nspend an entire lifetime building that
\nreputation and it can be demolished
\nin minutes if you choose to do the
\neasy thing, rather than the right thing.
\nContinue to take opportunities to learn
\nand grow every day. Get involved in your <\/p>\n
\u201cI WANT OUR MEMBERS TO
\nSEE A NATIONAL BOARD AND <\/p>\n
STAFF THAT ARE WORKING
\nTIRELESSLY TO IMPROVE <\/p>\n
THE PROFESSION.\u201d<\/p>\n
become involved in PEI was an easy one. I
\nhave chaired provincial committees, been
\npresident of the AIC\u2019s PEI Association for
\nseveral years, and was proud to be elected
\nto the National Director’s position in
\nNovember of 2010.<\/p>\n
We are very proud of our working
\nrelationship with AIC nationally and I am a
\nfirm believer that these strong relationships
\nbetween the provinces and the National
\nOffice only serve to make our profession
\nstronger from coast-to-coast. It is also a benefit
\nto appraisers in any given region to know
\nthat they are part of a respected national
\norganization that is working on their behalf. <\/p>\n
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Canadian Property Valuation | \u00c9valuation Immobili\u00e8re au Canada | Volume 58 | Book 3 \/ Tome 3 | 20148 Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
http:\/\/www.erisinfo.com
\nmailto:info@erisinfo.com<\/p>\n
EXECUTIVE CORNER<\/p>\n
association and community \u2013 give a little
\nand it will pay you back many times over.
\nSeize the opportunities that exist rather
\nthan fighting change \u2013 life is constantly
\nchanging and evolving. Finally, work hard,
\nbut have fun doing it!<\/p>\n
With the business and volunteer
\ndemands on your time, how do
\nyou spend your personal time?
\nSW: I am blessed to have a young family
\nand I spend about 80% of my personal
\ntime with my wife Trish and my two <\/p>\n
beautiful children: Alex (3) and Keira
\n(9). Given the demands of my schedule,
\nI look for \u2018quality\u2019 time not necessarily
\nquantity. I try to do my part to help
\nthem grow into healthy, smart, loving
\nand responsible people. <\/p>\n
A P P R A I S A L I N S T I T U T E O F C A N A D A<\/p>\n
STRATEGIC PLAN 2015-2018<\/p>\n
Outcome #1: Advocacy on Behalf of
\nMembers and the Profession
\nBe the leading voice for the appraisal profession in
\nCanada so as to positively influence the appraisal
\nindustry and the future policies\/legislation of
\ngovernment and other key regulatory stakeholders.<\/p>\n
\u2022 Establish meaningful partnerships with like-minded
\norganizations on key advocacy issues.<\/p>\n
\u2022 Design and implement an approach\/process to have
\nan interactive discussion between Members and the
\nBoard on advocacy issues that affect the membership
\non a national scale.<\/p>\n
\u2022 Contribute to the body of knowledge on issues that affect
\nthe appraisal profession in Canada and internationally
\n(recognized as a thought leader and expert).<\/p>\n
Outcome #2: Diversification of the Appraisal
\nProfessional\u2019s Value Proposition
\nFacilitate efforts for Members to strengthen and
\ndiversify their skill sets to seek expanded markets,
\nboth domestically and internationally.<\/p>\n
\u2022 Reduce barriers, perceived and real, that may limit Members\u2019
\nability to diversify or broaden their services or markets.<\/p>\n
\u2022 Identify best practices and leading edge, topical insight
\non national and international industry trends to identify
\nfuture opportunities for AIC Members.<\/p>\n
\u2022 Engage Members to seek the opportunities for
\ndevelopment by sharing content in a targeted way
\nwithin the national and provincial network.<\/p>\n
Outcome #3: Recognition of AIC Members
\nas Professionals of Choice
\nPromote AIC Members as Professionals of Choice
\nfor the full range of valuation services.<\/p>\n
\u2022 Promote the work of AIC Members to key stakeholders\/
\nclients with a focus on issues critical to the sustainability of
\nthe appraisal profession and quality of professional practice.<\/p>\n
\u2022 Engage more actively with stakeholders, promoting the AIC
\nvalue proposition, enforcing professional standards and
\nincreasing AIC brand awareness to contribute to sustaining
\nthe AIC designation as the gold standard in Canada.<\/p>\n
Outcome #4: A Vibrant and Engaged AIC Membership
\nStrengthen the AIC membership through the implementation of
\neffective Member recruitment\/retention strategies as well as the
\nproper governance\/administrative processes that support them.<\/p>\n
\u2022 Reduce the barriers to accommodate new business models.
\n\u2022 Retain and recruit Members so that marketplace demands for <\/p>\n
both quantity and quality continue to be met.
\n\u2022 Enhance the Member experience at every stage of the <\/p>\n
membership cycle to enhance the retention rates of Members.
\n\u2022 Develop closer partnerships with complementary <\/p>\n
professions or designations.
\n\u2022 Ensure the viability of the <\/p>\n
organization in the long
\nterm to optimize mem-
\nbership services and
\nminimize organiz-
\national risk.<\/p>\n
Volume 58 | Book 3 \/ Tome 3 | 2014 | \u00c9valuation Immobili\u00e8re au Canada | Canadian Property Valuation 9Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
LE COIN DE L\u2019EX\u00c9CUTIF<\/p>\n
Le pr\u00e9sident de l\u2019ICE, Scott Wilson, AACI <\/p>\n
L\u2019ENGAGEMENT ACTIF,
\nFACTEUR DE CHANGEMENT POSITIF<\/p>\n
Vous \u00eates le pr\u00e9sident
\nnouvellement \u00e9lu de l\u2019Institut
\ncanadien des \u00e9valuateurs (ICE).
\nQue consid\u00e9rez-vous \u00eatre les
\nplus grands d\u00e9fis \u00e0 surmonter
\nau cours de l\u2019ann\u00e9e qui vient,
\npour vous personnellement,
\npour l\u2019ICE, pour les \u00e9valuateurs
\nen g\u00e9n\u00e9ral et pour l\u2019ensemble
\nde l\u2019industrie immobili\u00e8re?
\nSW : Mon principal d\u00e9fi sera de
\nmaintenir l\u2019\u00e9lan des initiatives mises en
\nplace par le Conseil d\u2019administration
\net les pr\u00e9sidents au cours des deux
\nderni\u00e8res ann\u00e9es. <\/p>\n
Je me propose, plus particuli\u00e8rement,
\nde demeurer activement engag\u00e9 \u00e0
\nla r\u00e9alisation de trois initiatives. La
\npremi\u00e8re est d\u2019entrer en contact et de
\ncr\u00e9er des liens avec d\u2019autres organisations
\nprofessionnelles compatibles afin de
\ntrouver des synergies et de b\u00e2tir des
\nrelations qui b\u00e9n\u00e9ficient \u00e0 nos membres.
\nLa deuxi\u00e8me consiste \u00e0 continuer d\u2019aider
\nles autres parties int\u00e9ress\u00e9es telles les
\nbanques, les CGE et les gouvernements,
\n\u00e0 comprendre que nos opinions
\nprofessionnelles ont une importance
\ncritique et que les \u00e9valuateurs d\u00e9sign\u00e9s
\nde l\u2019ICE devraient \u00eatre utilis\u00e9s comme
\n‘Professionnels de Choix’. La troisi\u00e8me
\nsera de rechercher et de d\u00e9velopper
\nde nouvelles occasions d\u2019affaires pour
\nnos membres afin de leur permettre de
\ndiversifier leurs portefeuilles de travail. <\/p>\n
Pour l\u2019ensemble des \u00e9valuateurs, les
\nd\u00e9fis \u00e0 affronter consistent \u00e0 s\u2019adapter <\/p>\n
au changement et \u00e0 saisir les occasions
\nqui se pr\u00e9sentent afin d\u2019accro\u00eetre et de
\ndiversifier leurs revenus. Ils devront aussi
\nse percevoir comme des professionnels
\ndignes des honoraires professionnels
\nqu\u2019ils per\u00e7oivent. <\/p>\n
En ce qui concerne l\u2019industrie
\nimmobili\u00e8re, ses joueurs doivent
\ncomprendre que les pressions dont
\nles \u00e9valuateurs font l\u2019objet, surtout
\nen ce qui a trait aux \u00e9valuations pour
\nhypoth\u00e8ques r\u00e9sidentielles, sont fortes
\net que l\u2019embauche d\u2019un \u00e9valuateur
\nprofessionnel d\u00e9sign\u00e9 ajoute de la valeur
\naux prises de d\u00e9cision en mati\u00e8re de
\nplacements immobiliers. Le domaine
\ndu cr\u00e9dit doit passer de \u00ab\u00a0l\u2019\u00e9valuation
\nrapide \u00e0 peu de frais\u00a0\u00bb en faveur de
\n\u00ab\u00a0rapports d\u2019\u00e9valuation de qualit\u00e9 \u00e0 un
\nco\u00fbt raisonnable\u00a0\u00bb. Si la proposition
\nde valeur n\u2019augmente pas bient\u00f4t
\npour les hypoth\u00e8ques r\u00e9sidentielles,
\nje crains que, comme c\u2019est le cas au
\nR.-U. et en Australie, de plus en plus
\nde nos membres cesseront d\u2019accepter
\nce genre de travail et que le march\u00e9
\ns\u2019embourbe et devienne moins efficace.
\nNos membres ont investi des efforts
\nconsid\u00e9rables \u00e0 prix \u00e9lev\u00e9 pour obtenir
\nleurs titres. Malheureusement, plusieurs
\ncommencent \u00e0 s\u2019interroger sur le rapport
\nrisque-r\u00e9compense.<\/p>\n
En qualit\u00e9 de nouveau pr\u00e9sident,
\nvous dirigerez la mise en \u0153uvre
\ndu nouveau Plan Strat\u00e9gique pour
\n2015-2018 (voir l\u2019encart voir page 13). <\/p>\n
Scott Wilson, AACI, P.App s\u2019est joint
\n\u00e0 l\u2019Institut canadien des \u00e9valuateurs
\nen 1993. R\u00e9sidant de l\u2019\u00cele-du-Prince-
\n\u00c9douard (\u00ce.-P.-\u00c9.), Scott est un membre
\nd\u00e9vou\u00e9 de l\u2019ICE qui a jou\u00e9 un r\u00f4le
\nimportant \u00e0 titre de b\u00e9n\u00e9vole au sein de
\nson association provinciale ainsi qu\u2019au
\nConseil d\u2019administration national.
\nMaintenant pr\u00e9sident de l\u2019ICE, Scott
\nas dress\u00e9 des plans tr\u00e8s clairs pour la
\nprochaine ann\u00e9e. Il concentrera ses efforts
\nsur le but de faire reconna\u00eetre les membres
\nde l\u2019ICE comme ‘Professionnels de Choix’.
\nCette entrevue nous donne un aper\u00e7u de
\nses plans et fournit aux membres de l\u2019ICE
\nl\u2019occasion d\u2019apprendre \u00e0 conna\u00eetre leur
\nnouveau pr\u00e9sident.<\/p>\n
\u00ab POUR L\u2019ENSEMBLE
\nDES \u00c9VALUATEURS, LES <\/p>\n
D\u00c9FIS \u00c0 AFFRONTER
\nCONSISTENT \u00c0 S\u2019ADAPTER <\/p>\n
AU CHANGEMENT ET \u00c0
\nSAISIR LES OCCASIONS <\/p>\n
QUI SE PR\u00c9SENTENT
\nAFIN D\u2019ACCRO\u00ceTRE
\nET DE DIVERSIFIER
\nLEURS REVENUS. \u00bb<\/p>\n
Canadian Property Valuation | \u00c9valuation Immobili\u00e8re au Canada | Volume 58 | Book 3 \/ Tome 3 | 201410 Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
LE COIN DE L\u2019EX\u00c9CUTIF<\/p>\n
\u00ab C\u2019EST SEULEMENT QUAND
\n\u00ab NOUS \u00bb TRAVAILLERONS TOUS <\/p>\n
ENSEMBLE QUE NOUS POURRONS
\nOBTENIR DE MEILLEURS R\u00c9SULTATS. \u00bb<\/p>\n
Quelles sont les priorit\u00e9s de
\nl\u2019Institut au cours de la prochaine
\nann\u00e9e en ce qui a trait au Plan
\nStrat\u00e9gique qui a \u00e9t\u00e9 dress\u00e9?
\nSW : Le Plan Strat\u00e9gique pour 2015-
\n2018 a \u00e9t\u00e9 \u00e9labor\u00e9 \u00e0 partir d\u2019une enqu\u00eate
\naupr\u00e8s des membres et de consultations
\nd\u2019autres intervenants cl\u00e9s. Ce plan est le
\nPlan Strat\u00e9gique dict\u00e9 par les membres
\npour 2015-2018 et j\u2019ai le privil\u00e8ge d\u2019en
\nassumer la direction dans la premi\u00e8re
\nann\u00e9e de sa mise en \u0153uvre. <\/p>\n
Mon but, au cours de la prochaine
\nann\u00e9e, est d\u2019amener le Conseil d\u2019adminis-
\ntration \u00e0 examiner les nouveaux domaines
\net r\u00f4les qui contribueraient \u00e0 rentabiliser
\nencore davantage les membres; jouer un
\nr\u00f4le de d\u00e9fense des droits beaucoup plus
\nactif aupr\u00e8s des organismes de r\u00e9glemen-
\ntation, des gouvernements et des pr\u00eateurs;
\nde poursuivre nos vigoureux efforts de
\nmarketing et de communications; et enfin
\nde continuer \u00e0 am\u00e9liorer notre mod\u00e8le
\nd\u2019assurance ax\u00e9 sur les risques.<\/p>\n
Quels ont \u00e9t\u00e9, selon vous,
\nles principales r\u00e9alisations
\nde l\u2019ICE au cours des une ou
\ndeux derni\u00e8res ann\u00e9es?
\nSW : Selon moi, les plus importantes
\nam\u00e9liorations sont celles qui ont \u00e9t\u00e9
\napport\u00e9es \u00e0 notre r\u00e9gime d\u2019assurance de
\nmani\u00e8re \u00e0 en garantir la durabilit\u00e9, le
\nrendement et le rapport co\u00fbt-efficacit\u00e9.
\nDe plus, je suis tr\u00e8s fier d\u2019avoir
\nparticip\u00e9 \u00e0 la premi\u00e8re modification
\nde la port\u00e9e du travail des membres <\/p>\n
CRA depuis l\u2019entr\u00e9e en vigueur de ce
\ntitre. Le mappage de nos comp\u00e9tences
\nessentielles au niveau AAC et la refonte
\ncompl\u00e8te de notre site Web assorti de
\npi\u00e8ces de marketing professionnelles
\nsont aussi de grandes r\u00e9alisations.
\nEnfin, le travail qu\u2019a accompli notre
\nchef de la direction, Keith Lancastle,
\npour assurer que l\u2019ICE puisse compter
\nsur une \u00e9quipe d\u2019employ\u00e9s d\u00e9vou\u00e9s
\net professionnels qui contribuent au
\ndynamisme, au professionnalisme et \u00e0
\nla sant\u00e9 de notre association.<\/p>\n
Dans un an, quand vous
\nr\u00e9fl\u00e9chirez sur votre mandat
\n\u00e0 la pr\u00e9sidence, qu\u2019esp\u00e9rez-
\nvous avoir \u00e9t\u00e9 les plus belles
\nr\u00e9alisations de l\u2019Institut au
\ncours de cette p\u00e9riode?
\nSW : Je veux que nos membres voient
\nun Conseil national et des employ\u00e9s
\nqui sont engag\u00e9s et qui travaillent
\ninlassablement \u00e0 am\u00e9liorer la profession.
\nJ\u2019aimerais que les \u00e9valuateurs \u00e9prouvent
\nun sentiment d\u2019appartenance et de fiert\u00e9
\ncomme membres d\u2019un groupe. Enfin,
\nj\u2019esp\u00e8re que nous aurons continu\u00e9
\n\u00e0 abattre les barri\u00e8res entre nous et
\neux \u2013 que ce soit entre le national et le
\nprovincial, les \u00e9valuateurs \u00e0 honoraires
\nou r\u00e9mun\u00e9r\u00e9s ou les AACI, les CRA
\net les stagiaires \u2013 et que nous aurons
\nplut\u00f4t tous reconnu que c\u2019est seulement
\nquand \u00ab\u00a0nous\u00a0\u00bb travaillerons tous
\nensemble que nous pourrons obtenir de
\nmeilleurs r\u00e9sultats.<\/p>\n
En plus d\u2019\u00eatre le pr\u00e9sident de l\u2019ICE,
\nvous occupez le m\u00eame poste chez
\nWilson Real Estate Company Limited
\n\u00e0 Charlottetown, \u00e0 l\u2019\u00ce.-P.-\u00c9.
\nParlez-nous un peu de cette
\ncompagnie, des affaires qu\u2019elle
\nm\u00e8ne et de vos responsabilit\u00e9s.
\nSW : En qualit\u00e9 de pr\u00e9sident de Wilson
\nReal Estate, une soci\u00e9t\u00e9 fond\u00e9e en
\n1964 par mon grand-p\u00e8re James \u2018Jim\u2019
\nWilson, j\u2019ai eu l\u2019occasion d\u2019effectuer
\ntoutes sortes d\u2019\u00e9valuations, y compris
\ndes plans d\u2019eau, \u00eeles au large, maisons
\nfun\u00e9raires et centres m\u00e9dicaux, mais
\nje pr\u00e9f\u00e8re avant tout l\u2019\u00e9valuation de
\nterrains et les estimations d\u2019utilisation
\noptimale. Je suis pr\u00e9sentement \u00e0 l\u2019emploi
\nde L\u2019\u00e9cole des \u00e9tudes commerciales de
\nl\u2019Universit\u00e9 de l\u2019\u00cele-du-Prince-\u00c9douard
\n(UPEI). Je m\u2019occupe de la gestion et de
\nla recherche pour le groupe de recherche
\nsur les strat\u00e9gies de la main-d\u2019\u0153uvre
\npour l\u2019UPEI. Notre recherche porte
\nprincipalement sur les questions de
\nmain-d\u2019\u0153uvre, tant dans l\u2019optique de
\nl\u2019employeur que de l\u2019employ\u00e9, ainsi que
\ndans la perspective de la formation.<\/p>\n
Quel cheminement de carri\u00e8re
\nvous a amen\u00e9 jusqu\u2019ici, y compris
\nl\u2019obtention de votre titre d\u2019AACI?
\nSW : Alors que je travaillais dans
\nl\u2019entreprise immobili\u00e8re familiale, je
\nme suis inscrit comme stagiaire \u00e0 l\u2019ICE
\nen 1993. J\u2019ai obtenu deux dipl\u00f4mes en
\n\u00e9conomie fonci\u00e8re urbaine \u00e0 l\u2019U.C.-B.
\n(en gestion et \u00e9valuation immobili\u00e8re); <\/p>\n
Volume 58 | Book 3 \/ Tome 3 | 2014 | \u00c9valuation Immobili\u00e8re au Canada | Canadian Property Valuation 11Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
LE COIN DE L\u2019EX\u00c9CUTIF<\/p>\n
j\u2019ai aussi obtenu mes titres de CRES et FRI
\nde l\u2019Institut canadien de l\u2019immeuble; et j\u2019ai
\nobtenu mon titre d\u2019AACI \u00e0 l\u2019ICE en 2004.
\nJ\u2019ai travaill\u00e9 comme courtier immobilier
\net \u00e9valuateur immobilier et je me suis vite
\nconcentr\u00e9 sur mon entreprise d\u2019\u00e9valuation
\nen 2006. <\/p>\n
Alors que je travaillais \u00e0 honoraires, j\u2019ai
\nchoisi de terminer une MBA ex\u00e9cutive \u00e0
\nl\u2019Universit\u00e9 de l\u2019\u00cele-du-Prince-\u00c9douard.
\nAu cours de mes \u00e9tudes, j\u2019ai eu l\u2019occa-
\nsion de postuler un poste de gestion et
\nde recherche. Ceci m\u2019a permis d\u2019utiliser
\nmes connaissances d\u2019AACI en cours de
\ntransition et m\u2019a aussi donn\u00e9 l\u2019occasion de
\npoursuivre mon d\u00e9veloppement personnel
\net de continuer d\u2019apprendre. Mon poste
\nme permet de mieux comprendre les r\u00f4les,
\nla formation, les comp\u00e9tences et les qual-
\nit\u00e9s requises des effectifs actuels de m\u00eame
\nque des effectifs futurs. Je crois que ma
\nrecherche est importante et personnelle-
\nment gratifiante parce qu\u2019elle me permet de
\ncontribuer aux connaissances menant \u00e0 des
\nprises de d\u00e9cisions fond\u00e9es sur des donn\u00e9es
\nprobantes \u00e0 tous les niveaux de gouver-
\nnement, chez les \u00e9ducateurs au postsecon-
\ndaire, chez les employeurs et les employ\u00e9s. <\/p>\n
J\u2019ai l\u2019intention de recentrer mon
\nentreprise, peut-\u00eatre quand je me serai
\nlib\u00e9r\u00e9 de mes engagements de b\u00e9n\u00e9vole
\n\u00e0 l\u2019ICE, parce que j\u2019aime les d\u00e9fis de
\ntous les jours d\u2019exploiter une entreprise
\ndans le domaine immobilier. <\/p>\n
Vous avez \u00e9t\u00e9 membre-fondateur
\nde l\u2019ICE-\u00ce.-P.-\u00c9. Comment est-ce
\narriv\u00e9 et l\u2019organisation est-elle
\ndevenue ce que vous envisagiez?
\nSW : J\u2019ai toujours travaill\u00e9 comme
\nb\u00e9n\u00e9vole au sein de la profession parce
\nque je tiens \u00e0 apporter ma contribution
\net que j\u2019ai \u00e0 c\u0153ur d\u2019am\u00e9liorer
\nnotre industrie. Parce que je crois
\nfermement dans l\u2019ICE et dans le r\u00f4le
\nde ‘Professionnels de Choix’ que nous
\navons \u00e0 jouer au Canada, ma d\u00e9cision
\nde participer \u00e0 l\u2019implantation de l\u2019ICE
\n\u00e0 l\u2019I.-P.-\u00c9. a \u00e9t\u00e9 facile. J\u2019ai \u00e9t\u00e9 pr\u00e9sident
\nde comit\u00e9s provinciaux, pr\u00e9sident
\nde l\u2019Association de l\u2019ICE \u00e0 l\u2019\u00ce.-P.-\u00c9.
\npendant plusieurs ann\u00e9es et je suis fier
\nd\u2019avoir \u00e9t\u00e9 \u00e9lu au poste d\u2019administrateur
\nnational en novembre 2010.<\/p>\n
Nous sommes fiers de notre relation
\nde travail avec l\u2019ICE national et je crois
\nsinc\u00e8rement que ces fortes relations entre
\nles provinces et le Bureau national ne
\npeuvent que rendre notre profession plus
\nforte d\u2019un oc\u00e9an \u00e0 l\u2019autre. Les \u00e9valuateurs
\ndans toutes les r\u00e9gions du pays ont aussi
\nl\u2019avantage de savoir qu\u2019ils font partie
\nd\u2019une organisation nationale respect\u00e9e
\nqui travaille pour eux. <\/p>\n
Comment r\u00e9sumeriez-vous
\nvos exp\u00e9riences comme
\nb\u00e9n\u00e9vole et qu\u2019en avez-vous
\nretir\u00e9 personnellement?
\nSW : Je peux r\u00e9sumer le tout en cinq
\nmots : occup\u00e9, plaisant, fier, engag\u00e9
\net heureux.<\/p>\n
Quel conseil donneriez-vous
\naux nouveaux membres qui
\ncommencent leur carri\u00e8re et
\naux membres existants?
\nSW : Je reprends le conseil que mon
\np\u00e8re, Bob (\u00e9galement membre de l\u2019ICE),
\nm\u2019a donn\u00e9 quand je suis entr\u00e9 dans la
\nprofession : \u00ab\u00a0Tu portes seulement un
\nnom \u2013 ne fais jamais quoi que ce soit
\nqui remettrait en question ton int\u00e9grit\u00e9
\nou ta r\u00e9putation.\u00a0\u00bb Autrement dit,
\nvous pouvez passer votre vie enti\u00e8re
\n\u00e0 b\u00e2tir une r\u00e9putation, mais cette
\nm\u00eame r\u00e9putation peut \u00eatre d\u00e9truite
\nen quelques minutes si vous choisissez
\nce qui est facile plut\u00f4t que ce qui est
\njuste. Continuez \u00e0 saisir les occasions
\nd\u2019apprendre et de grandir chaque jour.
\nPrenez un engagement envers votre
\nassociation et votre collectivit\u00e9 \u2013 donnez
\nun peu de vous-m\u00eame et on vous le
\nrendra plusieurs fois. Saisissez les
\noccasions qui se pr\u00e9sentent plut\u00f4t que de
\nr\u00e9sister au changement \u2013 la vie change
\net \u00e9volue constamment. Enfin, travaillez
\nfort, mais amusez-vous en travaillant!<\/p>\n
Compte tenu du temps
\nque demandent votre
\nentreprise et votre b\u00e9n\u00e9volat,
\ncomment meublez-vous
\nvotre temps personnel?
\nSW : Je suis b\u00e9ni d\u2019avoir une jeune
\nfamille. Je consacre environ 80 %
\nde mon temps personnel avec mon
\n\u00e9pouse, Trish, et mes deux beaux
\nenfants : Alex (3 ans) et Keira (9 ans).
\n\u00c0 cause de mon horaire charg\u00e9, je
\nm\u2019efforce d\u2019avoir du temps de qualit\u00e9
\net non n\u00e9cessairement en quantit\u00e9.
\nJe fais de mon mieux pour les aider
\n\u00e0 devenir des personnes saines,
\nintelligentes, aimantes
\net responsables. <\/p>\n
\u00ab JE VEUX QUE NOS MEMBRES VOIENT UN
\nCONSEIL NATIONAL ET DES EMPLOY\u00c9S QUI SONT <\/p>\n
ENGAG\u00c9S ET QUI TRAVAILLENT INLASSABLEMENT
\n\u00c0 AM\u00c9LIORER LA PROFESSION. \u00bb<\/p>\n
Canadian Property Valuation | \u00c9valuation Immobili\u00e8re au Canada | Volume 58 | Book 3 \/ Tome 3 | 201412 Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
LE COIN DE L\u2019EX\u00c9CUTIF<\/p>\n
I N S T I T U T C A N A D I E N D E S \u00c9 V A L U A T E U R S<\/p>\n
PLAN STRAT\u00c9GIQUE 2015-2018<\/p>\n
R\u00e9sultat no 1 : D\u00e9fense des int\u00e9r\u00eats
\ndes membres et de la profession
\n\u00catre le principal porte-parole de la profession
\nd\u2019 \u00e9valuateur au Canada de mani\u00e8re \u00e0 influencer de
\nfa\u00e7on positive l\u2019 industrie de l\u2019 \u00e9valuation et les futures
\npolitiques\/l\u00e9gislations du gouvernement et des autres
\norganismes de r\u00e9glementation comp\u00e9tents.<\/p>\n
\u2022 \u00c9tablir des partenariats productifs avec des organismes
\nde m\u00eame orientation au sujet d\u2019importantes questions
\nd\u2019int\u00e9r\u00eat commun.<\/p>\n
\u2022 Concevoir et mettre en \u0153uvre une d\u00e9marche ou un
\nprocessus favorisant une discussion interactive entre les
\nmembres et le Conseil d\u2019administration au sujet de la
\nd\u00e9fense des int\u00e9r\u00eats sur des questions qui touchent les
\nmembres \u00e0 l\u2019\u00e9chelle nationale.<\/p>\n
\u2022 Contribuer \u00e0 l\u2019ensemble des connaissances des questions
\nqui affectent la profession d\u2019\u00e9valuateur au Canada et
\ndans le monde (\u00eatre reconnu comme penseur et expert
\nde premier plan).<\/p>\n
R\u00e9sultat no 2 : Diversification de la proposition
\nde valeur de l\u2019\u00e9valuateur professionnel
\nFaciliter les efforts des membres \u00e0 renforcer et diversifier
\nleur ensemble de comp\u00e9tences dans leur recherche
\nde nouveaux march\u00e9s au pays et \u00e0 l\u2019 \u00e9tranger.<\/p>\n
\u2022 R\u00e9duire les barri\u00e8res, per\u00e7ues et r\u00e9elles, qui peuvent
\nlimiter la capacit\u00e9 des membres \u00e0 diversifier ou \u00e9largir
\nleurs services ou leurs march\u00e9s.<\/p>\n
\u2022 D\u00e9gager les pratiques exemplaires et la compr\u00e9hension
\nde pointe des tendances nationales et internationales
\nde l\u2019industrie afin de saisir les futures opportunit\u00e9s
\npour les membres de l\u2019ICE.<\/p>\n
\u2022 Engager les membres \u00e0 chercher les occasions de se
\nperfectionner en partageant le contenu de fa\u00e7on cibl\u00e9e
\n\u00e0 l\u2019int\u00e9rieur du r\u00e9seau national et provincial.<\/p>\n
R\u00e9sultat no 3 : Reconnaissance des membres
\nde l\u2019ICE comme Professionnels de Choix
\nPromouvoir les membres de l\u2019ICE comme Professionnels de
\nChoix pour la gamme compl\u00e8te des services d\u2019 \u00e9valuation.<\/p>\n
\u2022 Promouvoir le travail des membres de l\u2019ICE aux
\nintervenants\/clients cl\u00e9s (y compris les FI, clients non
\nr\u00e9sidentiels, employeurs, CGE, etc.) en mettant l\u2019accent
\nsur les aspects critiques de la durabilit\u00e9 de la profession
\nd\u2019\u00e9valuateur et de la qualit\u00e9 de la pratique professionnelle.<\/p>\n
\u2022 S\u2019engager plus activement avec les parties int\u00e9ress\u00e9es de
\nmani\u00e8re \u00e0 promouvoir la proposition de valeur de l\u2019ICE, \u00e0
\nappliquer les normes professionnelle et \u00e0 rehausser l\u2019image
\nde marque de l\u2019ICE afin de contribuer \u00e0 maintenir le titre
\nde l\u2019ICE comme \u00e9talon de r\u00e9f\u00e9rence au Canada.<\/p>\n
R\u00e9sultat no 4 : Des effectifs de membres
\nde l\u2019ICE dynamiques et engag\u00e9s
\nRenforcer les effectifs de membres de l\u2019ICE par la mise en
\n\u0153uvre de strat\u00e9gies efficaces de recrutement\/r\u00e9tention des
\nmembres de l\u2019ICE ainsi que par l\u2019adoption de proc\u00e9d\u00e9s
\nefficaces de gouvernance\/administration qui les appuient.<\/p>\n
\u2022 R\u00e9duire les barri\u00e8res afin d\u2019accommoder
\nde nouveaux mod\u00e8les d\u2019affaires.<\/p>\n
\u2022 Retenir et recruter des membres de mani\u00e8re \u00e0 ce
\nque les demandes tant quantitatives que qualitatives
\ndu march\u00e9 continuent d\u2019\u00eatre satisfaites.<\/p>\n
\u2022 Rehausser l\u2019exp\u00e9rience d\u2019\u00eatre membre \u00e0 tous les stades du cycle
\nd\u2019adh\u00e9sion afin d\u2019am\u00e9liorer les taux de r\u00e9tention des membres.<\/p>\n
\u2022 \u00c9laborer des partenariats plus \u00e9troits avec les
\nprofessions ou titres compl\u00e9mentaires.<\/p>\n
\u2022 Assurer la viabilit\u00e9 \u00e0 long terme
\nde l\u2019organisation afin d\u2019optimiser
\nles services aux membres
\net de minimiser les
\nrisques organisationnels.<\/p>\n
Volume 58 | Book 3 \/ Tome 3 | 2014 | \u00c9valuation Immobili\u00e8re au Canada | Canadian Property Valuation 13Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
When all new funding except for
\non-reserve social housing stopped in
\n1993, and existing agreements started
\nto expire, total federal funding began its
\nannual decline: to $1.6 billion in 2014
\nyear, $1.2 billion in 2020, $604 million
\nin 2025, and $35 million in 2035. By
\n2040, the federal investment in social
\nhousing will be zero. <\/p>\n
As operating agreements expire, social
\nhousing providers are no longer bound by
\nthe terms and obligations of the operating
\nagreements. Additionally, since the term
\nof the agreement usually coincides with
\nthe end of the mortgage, social housing
\nproviders then own the assets outright. <\/p>\n
Research undertaken to-date
\ndemonstrates that, upon the end of the
\noperating agreement and concomitant
\nfunding, at least 334,000 low-income
\nhouseholds risk losing their homes
\nbecause the social housing providers are
\nunable to cover operating costs with rents <\/p>\n
well below market rent, will have to raise
\nthe rents, or will have to sell some or all
\nof their social housing portfolios. <\/p>\n
Unfortunately, these agreements were
\nnot structured in a way that would enable
\nproviders to be self-sustaining after their
\nexpiry. It is estimated that a further
\n31,000 housing providers may need some
\nfinancial support to continue to house
\nlow-income households. <\/p>\n
The Canadian Housing and Renewal
\nAssociation (CHRA), in partnership with
\nother stakeholders, is leading the charge,
\nadvocating for federal reinvestment to
\nprotect these homes. Another 179,000
\nhomes will likely be financially viable and
\ncontinue to offer affordable housing to
\ntheir communities. <\/p>\n
However, because they are aging, the
\nmajority of all properties will require
\nsignificant investment in capital repairs,
\nreplacements and retrofits, including
\nfor roofs, boilers, building envelope or <\/p>\n
BY DALLAS ALDERSON, DIRECTOR OF POLICY & PROGRAMS, CANADIAN HOUSING AND RENEWAL ASSOCIATION
\n(WITH ASSISTANCE FROM NATHALIE ROY-PATENAUDE, A ACI, P.APP, DIRECTOR, PROFESSIONAL PRACTICE, APPRAISAL INSTITUTE OF CANADA)<\/p>\n
arge-scale production of
\nsocial housing began in
\nthe 1960s and continued
\ninto the 1990s. Through
\nvarious programs, the
\nfederal government <\/p>\n
funded non-profit, public and co-op
\nsocial housing providers through long-
\nterm operating agreements (25-50 years
\nin length) that subsidized rents for
\nlow-income households and\/or offset
\nmortgage costs. <\/p>\n
Over 600,000 social housing homes \u2013
\nsingle-family, duplex and apartment units
\n\u2013 were developed with these programs.
\nRoughly two thirds of the households
\nbenefited from subsidized rent; these
\nare Canada\u2019s lowest-income earners and
\ndisproportionately represent the most
\nvulnerable in our society: lone parents
\nand their children, seniors, people of
\naboriginal descent, newcomers, people
\nwith disabilities and others. <\/p>\n
SOCIAL
\nHOUSING <\/p>\n
+ the value of an expert<\/p>\n
\u201cBecause they are aging, the majority of all
\nproperties will require significant investment in <\/p>\n
capital repairs, replacements and retrofits.\u201d<\/p>\n
L<\/p>\n
Canadian Property Valuation | \u00c9valuation Immobili\u00e8re au Canada | Volume 58 | Book 3 \/ Tome 3 | 201414 Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
other in order to meet new building
\ncode requirements to operate safely
\nand efficiently. <\/p>\n
For those providers who will be
\nfinancially viable once their agreements
\nend, refinancing through private
\nfunding (e.g., lending institutions) will
\nbe an important means to secure the
\ncapital required to undertake needed
\ncapital repairs and upgrades. In doing
\nso, understanding the market value of
\ntheir portfolio will be a necessary part
\nof the process. This is where a real estate
\nappraiser comes in. <\/p>\n
Appraisal Institute of Canada (AIC)
\nMembers can undertake appraisal
\nassignments for various stages of the
\nmortgage process whether at loan
\norigination, for refinancing, debt
\nconsolidation or restructuring, or
\nmortgage default. <\/p>\n
Unbiased and dependable valuations
\nare and will continue to be critical to
\nthe decision-making processes of social
\nhousing providers, businesses, lending
\ninstitutions, governments and the like.
\nThe expiry of the agreements brings an
\nopportunity for AIC members to work
\nclosely with social housing providers to
\nprovide their knowledge and expertise
\nas valuation Professionals of Choice.<\/p>\n
For more information on social
\nhousing, federal funding and the expiry
\nof agreements, please contact Dallas
\nAlderson at dalderson@chra-achru.ca. <\/p>\n
For valuation and professional
\npractice-related inquiries,
\nplease contact Nathalie Roy-
\nPatenaude, AACI, P. App., AIC
\nDirector, Professional Practice at
\ndirectorprofessionalpractice@
\naicanada.ca. <\/p>\n
\u201cUnbiased and dependable valuations are and will
\ncontinue to be critical to the decision-making <\/p>\n
processes of social housing providers, businesses,
\nlending institutions, governments and the like. <\/p>\n
The expiry of the agreements brings an opportunity
\nfor AIC members to work closely with social <\/p>\n
housing providers to provide their knowledge and
\nexpertise as valuation Professionals of Choice.\u201d<\/p>\n
ABOUT CHRA
\nThe Canadian Housing and Renewal Association (CHRA) is
\nthe national voice for the full range of affordable housing and
\nhomelessness issues and solutions across Canada. CHRA\u2019s
\nstrength lies in its diverse membership, which includes all
\nthirteen provincial\/territorial housing ministries, non-profit
\nhousing providers, municipalities, businesses and social service
\norganizations related to housing. CHRA\u2019s members collectively
\nhouse and shelter hundreds of thousands of Canadians, and
\nprovide housing supports to many more. <\/p>\n
Canadian
\nCost Estimating <\/p>\n
Guides
\nThese comprehensive
\nmanuals are a MUST <\/p>\n
for estimating
\nreplacement costs!<\/p>\n
ESTIMATE REPLACEMENT COST
\nOF SINGLE FAMILY DWELLINGS
\n\u2022 1 Storey \u2022 1\u00be Storey \u2022 Raised Ranch <\/p>\n
\u2022 2 story \u2022 Tri-Level \u2022 2\u00bd Storey
\n\u2022 1\u00bd Storey \u2022 Garages<\/p>\n
Residential Costing Guide<\/p>\n
www.douglascostguide.com<\/p>\n
Toll Free: 877-284-0028
\nFax: 519-238-6214<\/p>\n
www.douglascostguide.com
\nkarldouglas@hay.net<\/p>\n
10341 Pinetree Drive, Grand Bend, ON N0M 1T0<\/p>\n
ESTIMATE REPLACEMENT COST OF
\nAGRICULTURAL USE BUILDINGS<\/p>\n
\u2713 Dairy \u2713 Poultry \u2713 Swine
\n\u2713 Produce Storage \u2713 Horses \u2713 Beef
\n\u2713 Feed Storage \u2713 Machinery Storage<\/p>\n
Agricultural Costing Guide<\/p>\n
BROKERS
\nADJUSTERS<\/p>\n
UNDERWRITERS!<\/p>\n
ONLINE VERSIONS
\nAVAILABLE<\/p>\n
PLEASE CALL, FAX or EMAIL
\nFOR DETAILS<\/p>\n
Volume 58 | Book 3 \/ Tome 3 | 2014 | \u00c9valuation Immobili\u00e8re au Canada | Canadian Property Valuation 15Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
mailto:dalderson@chra-achru.ca<\/p>\n
Douglas Cost Guide: Estimate Rebuild & Replacement Costs<\/a><\/p><\/blockquote>\n