AIC\u2019S LEADERSHIP ROLE IN THE
\nGLOBALIZATION OF STANDARDS <\/p>\n
Le r\u00f4le de leadership de l\u2019ICE dans
\nl\u2019universalisation des normes<\/p>\n
VOL 58 | BOOK 2 \/ TOME 2 | 2014<\/p>\n
CUSPAP:
\nSETTING THE STANDARD <\/p>\n
NUPPEC :
\n\u00e9tablir la norme<\/p>\n
EXPERT WITNESSES
\nDRAFT REPORTS & COUNSEL <\/p>\n
T\u00e9moins experts :
\n\u00e9bauches et avocat<\/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
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ESTIMATING THE
\nMARKET RENT OF <\/p>\n
PARKING
\nSPACES<\/p>\n
ESTIMATION DES LOYERS
\nMARCHANDS DES <\/p>\n
ESPACES DE
\nSTATIONNEMENT<\/p>\n
mailto:info@aicanada.ca
\nmailto:info@aicanada.ca
\nmailto:info@aicanada.ca<\/p>\n
You must have a current support contract to download software updates. If your support
\nsubscription has lapsed, visit the My Account page on ACIweb.com or call Sales at 800-234-8727.<\/p>\n
\u00a92014 ACI. All Rights Reserved. Google Maps is a trademark of Google, Inc. Used with permission. ACI Sky is a trademark of ACI.
\nACI makes no express or implied warranty respecting the information presented and assumes no responsibility for errors or omissions.<\/p>\n
Take advantage of the integration power
\nwithin ACI Report Pro to create accurate
\nand professional location maps. Powered
\nby Google Maps, ACI Sky\u2122 Maps will
\npinpoint your subject property and com-
\nparable sales with just a few mouse clicks.<\/p>\n
This enhanced service allows ACI
\nappraisers to create location maps
\nwith real-time panning, zooming, and
\nimproved editing in both road and <\/p>\n
satellite mode. Additionally, you can
\ncreate an aerial snapshot of the subject
\nproperty and save it to an extra map
\npage in a matter of seconds.<\/p>\n
If you already subscribe to our location
\nmap service, you can begin using ACI
\nSky Maps immediately. If you do not
\nuse our location map service currently,
\nplease contact sales at 800.234.8727
\nand we\u2019ll set you up with a free trial.<\/p>\n
www.aciweb.com<\/p>\n
You must have a current support contract to download software updates. If your support
\nsubscription has lapsed, visit the My Account page on ACIweb.com or call Sales at 800-234-8727.<\/p>\n
\u00a92014 ACI. All Rights Reserved. Google Maps is a trademark of Google, Inc. Used with permission. ACI Sky is a trademark of ACI.
\nACI makes no express or implied warranty respecting the information presented and assumes no responsibility for errors or omissions.<\/p>\n
Take advantage of the integration power
\nwithin ACI Report Pro to create accurate
\nand professional location maps. Powered
\nby Google Maps, ACI Sky\u2122 Maps will
\npinpoint your subject property and com-
\nparable sales with just a few mouse clicks.<\/p>\n
This enhanced service allows ACI
\nappraisers to create location maps
\nwith real-time panning, zooming, and
\nimproved editing in both road and <\/p>\n
satellite mode. Additionally, you can
\ncreate an aerial snapshot of the subject
\nproperty and save it to an extra map
\npage in a matter of seconds.<\/p>\n
If you already subscribe to our location
\nmap service, you can begin using ACI
\nSky Maps immediately. If you do not
\nuse our location map service currently,
\nplease contact sales at 800.234.8727
\nand we\u2019ll set you up with a free trial.<\/p>\n
www.aciweb.com<\/p>\n
Accelerating success.<\/p>\n
Colliers International is committed to paving a quick path to success
\nfor our employees. With access to hundreds of free courses
\nthrough Colliers University and ongoing career mentorship, our
\nstaff is not only encouraged to excel, they are given the tools to do
\nso. See where the road will take you. To accelerate your career,
\nview current opportunities online at collierscanada.com\/careers
\nor send your resume directly to vascanada@colliers.com.<\/p>\n
FURTHER &
\nFASTER<\/p>\n
collierscanada.com\/careers<\/p>\n
GET AHEAD Leaders Wanted<\/p>\n
PLUS LOIN, PLUS
\nRAPIDEMENT<\/p>\n
collierscanada.com\/careers<\/p>\n
ALLEZ DE L\u2019AVANT Leaders Recherches<\/p>\n
Colliers International est d\u00e9termin\u00e9 \u00e0 ouvrir une voie rapide pour garantir
\nle succ\u00e8s de ses employ\u00e9s. Gr\u00e2ce \u00e0 des centaines de cours gratuits et \u00e0
\ndes programmes de mentorat en continu propos\u00e9s par l\u2019Universit\u00e9 Colliers,
\nnous ne faisons pas qu\u2019encourager nos employ\u00e9s \u00e0 briller dans leur
\ndomaine, nous leur fournissons les outils pour y arriver. Voyez o\u00f9 cette voie
\nvous conduira. Pour acc\u00e9l\u00e9rer votre r\u00e9ussite, consultez les opportunit\u00e9s
\nde carri\u00e8re actuellement en ligne sur collierscanada.com\/careers ou
\nenvoyez votre curriculum vitae directement \u00e0 vascanada@colliers.com.<\/p>\n
Colliers CPV Magazine Ad – Book 2 2014.indd 1 5\/2\/2014 10:58:56 AM<\/p>\n
collierscanada.com\/careers
\nmailto:vascanada@colliers.com
\nmailto:vascanada@colliers.com<\/p>\n
06 Executive Corner
\nOUR PROFESSION CONTINUES
\nTO MAKE GREAT STRIDES<\/p>\n
28 Professional Practice Matters
\nCUSPAP: SETTING THE STANDARD<\/p>\n
38 Professional Appraiser\u2019s Perspective
\nRESERVE FUND STUDIES ARE KEY
\nCOMPONENTS TO LONG-RANGE
\nFINANCIAL PLANNING <\/p>\n
42 The Future is Bright
\nNEVER A DULL MOMENT FOR
\nCANDIDATE BRIAN BREWER<\/p>\n
48 NEWS<\/p>\n
50 DESIGNATIONS, CANDIDATES,
\nSTUDENTS<\/p>\n
08 Le coin de l’ex\u00e9cutif
\nNOTRE PROFESSION CONTINUE
\nA FAIRE DE GRANDS PROGRES<\/p>\n
30 Parlons pratique professionnelle
\nNUPPEC : \u00c9TABLIR LA NORME<\/p>\n
40 Le point de vue d\u2019un \u00e9valuateur professionnel
\nLES \u00c9TUDES SUR LES FONDS DE R\u00c9SERVE
\nSONT DES \u00c9L\u00c9MENTS CL\u00c9S D\u2019UNE
\nPLANIFICATION FINANCI\u00c8RE \u00c0 LONG TERME <\/p>\n
44 L\u2019avenir est prometteur
\nLA VIE N\u2019EST JAMAIS MONOTONE POUR
\nBRIAN BREWER, MEMBRE STAGIAIRE<\/p>\n
48 NOUVELLES<\/p>\n
50 D\u00c9SIGNATIONS, STAGIAIRES,
\n\u00c9TUDIANTS<\/p>\n
COLUMNS \/ CHRONIQUES<\/p>\n
FEATURES \/ EN VEDETTE
\nVOL 58 | BOOK 2 \/ TOME 2 | 2014<\/p>\n
Publication Mails Agreement #40008249.
\nReturn undeliverable Canadian addresses to: Appraisal Institute of Canada,
\n403-200 Catherine St., Ottawa, ON K2P 2K9. Email: info@aicanada.ca<\/p>\n
The articles printed in this issue represent authors\u2019 opinions only and are not necessarily endorsed by
\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.
\nSubscription, $40.00 per year. Printed in Canada. Les articles imprim\u00e9s dans ce num\u00e9ro ne rep\u00e9sentent
\nque l\u2019opinion de leur auteur respectif, mais ne sont pas n\u00e9ces\u2013sairement endoss\u00e9s par L\u2019INSTITUT CAN-
\nADIEN DES \u00c9VALUATEURS. Tous droits reserv\u00e9s 2014 par L\u2019INSTITUT CANADIEN DES \u00c9VALUATEURS. La
\nreproduction totale ou partielle sous quelque form que se soit sans authorisation \u00e9crite est absolument
\ninterdite. Abonnement $40.00 par ann\u00e9e. Imprim\u00e9 au Canada.<\/p>\n
* 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
\non-line in the Canadian Business & Current Affairs database.
\nISSN 0827-2697<\/p>\n
Publication management, design and production by:
\nDirection, conception et production par :<\/p>\n
3rd Floor \u2013 2020 Portage Avenue, Winnipeg, MB R3J 0K4
\nPhone: 866-985-9780 \u2022 Fax: 866-985-9799
\nE-mail: info@kelman.ca \u2022 Web: www.kelman.ca<\/p>\n
Managing Editor: Craig Kelman
\nDesign\/Layout: Kristy Unrau
\nMarketing Manager: Kris Fillion
\nAdvertising Co-ordinator: Stefanie Ingram<\/p>\n
Director – Marketing and Communications: Sheila Roy, Ottawa
\nCommunications Officer: Mary-Jane Erickson, Ottawa<\/p>\n
EXPERT WITNESSES: DRAFT
\nREPORTS AND COUNSEL
\nT\u00c9MOINS EXPERTS :
\n\u00c9BAUCHES ET AVOCAT<\/p>\n
GUIDELINE TO ESTIMATING
\nTHE MARKET RENT OF
\nPARKING SPACES
\nLIGNE DIRECTRICE SUR
\nL\u2019ESTIMATION DES LOYERS
\nMARCHANDS DES ESPACES
\nDE STATIONNEMENT<\/p>\n
FOR THE HARNDENS, GOING
\nFOR GOLD IS A FAMILY AFFAIR
\nPOUR LES HARNDENS, LA
\nCOURSE A L\u2019OR EST UNE
\nAFFAIRE DE FAMILLE<\/p>\n
AIC\u2019S LEADERSHIP ROLE
\nIN THE GLOBALIZATION OF
\nINTERNATIONAL VALUATION
\nSTANDARDS
\nLE R\u00d4LE DE LEADERSHIP DE
\nL\u2019ICE DANS L\u2019UNIVERSALISA-
\nTION DES NORMES INTER-
\nNATIONALES D\u2019\u00c9VALUATION<\/p>\n
32201610<\/p>\n
CONTENTS
\nTABLE DES MATI\u00c8RES<\/p>\n
Volume 58 | Book 2 \/ Tome 2 | 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
OUR PROFESSION CONTINUES
\nTO MAKE GREAT STRIDES<\/p>\n
D A N W I L S O N , A A C I , P . A P P , P R E S I D E N T<\/p>\n
Over the past year, I have had the honour and privilege of representing the Appraisal Institute of Canada (AIC)
\nmembership, both nationally and
\ninternationally. I have worked alongside
\nmy colleagues and friends on the Board
\nof Directors to pursue new opportunities
\nand to address core issues and membership
\nconcerns. During that time, I have also
\nhad the pleasure of working with AIC\u2019s
\nnational and provincial staff, who all bring
\ntremendous passion and commitment to
\ntheir roles in managing key issues and
\nopportunities and enabling the Board to
\nfocus on strategic decisions. <\/p>\n
A few things have become very clear.
\n\u2022 The AIC continues to be respected and <\/p>\n
recognized (and emulated) around the
\nworld as an established professional
\nassociation in Canada and an
\nauthority in real property appraisals. <\/p>\n
\u2022 Our volunteers are the heart of our
\norganization and all bring tremendous
\ncommitment and engagement to their
\nroles with the AIC. <\/p>\n
\u2022 Our AIC staff are second to none
\nand the depth of knowledge and
\nexpertise they bring to their roles is
\ntruly remarkable. <\/p>\n
Past President Dave Shum said it quite
\neloquently last year in that the AIC
\nmembership is very diverse. We come
\nfrom different regions with unique
\nmarket conditions, we have a vast range
\nof experience, and we specialize in various
\nproperty types and services. <\/p>\n
But, we all have much in common. We strive
\nto produce quality valuation reports and
\nprovide intelligent insight on real property
\nissues, we are proud of our designations and
\nour association with the AIC, and we are
\ncommitted to our profession.<\/p>\n
It is a tremendously exciting time to be a
\nvaluation professional in Canada. I am very
\noptimistic about the direction the AIC is
\ntaking and the prospects and opportunities
\nfor our professionals in the coming years. I
\nam confident in saying that our AIC team is
\nmoving in the right direction and has made
\nsignificant strides to advance our profession
\nthroughout the year. Some highlights include:
\nProfessional practice:<\/p>\n
o The Standards Sub-Committee released
\nthe 2014 Canadian Uniform Standards of
\nProfessional Appraisal Practice (CUSPAP)
\nwith the new Reserve Fund Standard.<\/p>\n
o The scope of the CRA designation was
\nexpanded to allow competent members to
\ncomplete Reserve Fund Studies as outlined
\nin CUSPAP.<\/p>\n
o A co-authored paper was developed with
\nl\u2019Ordre des \u00e9valuateurs agr\u00e9\u00e9s du Qu\u00e9bec
\n(OEAQ) entitled Guideline to Estimating
\nthe Market Rent of Parking Spaces <\/p>\n
o AIC continues to be at the forefront of the
\nInternational Standards Committee\u2019s work
\nand our professional practice committees
\nare working towards a harmonization of
\nAIC and IVSC standards. <\/p>\n
o A one-day online Professional Practice
\nSeminar was implemented to reduce costs
\nand improve access, while maintaining the
\nquality of the session.<\/p>\n
OUR AIC TEAM IS
\nMOVING IN THE RIGHT <\/p>\n
DIRECTION AND HAS MADE
\nSIGNIFICANT STRIDES TO <\/p>\n
ADVANCE OUR PROFESSION
\nTHROUGHOUT THE YEAR.<\/p>\n
Canadian Property Valuation | \u00c9valuation Immobili\u00e8re au Canada | Volume 58 | Book 2 \/ Tome 2 | 20146 Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
EXECUTIVE CORNER<\/p>\n
o A pilot-project was extended for a
\nfurther one-year term to assist AIC
\nmembers with co-signing qualified
\nnon-AIC members within Qu\u00e9bec. <\/p>\n
o We continue to fine tune our
\nProfessional Liability Insurance
\nProgram towards a more risk-based
\ninsurance program as per our
\nmembers\u2019 feedback.<\/p>\n
Accreditation and assessment:
\no The AIC re-signed the Memoran-<\/p>\n
dum of Understanding (MOU)
\nwith the University of British
\nColumbia as our educational
\nprovider. This relationship has
\nset us apart amongst valuation
\norganizations, both nationally
\nand internationally. <\/p>\n
o There has been substantial
\nwork done to redefine the core
\ncompetencies and competency
\nmapping for AACIs and CRAs to
\nsecure our professional reputation
\nof being \u2018the\u2019 authority in real
\nproperty valuation in Canada
\nand internationally.<\/p>\n
o The entry requirements for candidacy
\nhave been streamlined. Individuals
\nwith a minimum of two years\u2019 post-
\nsecondary education are now eligible
\nto apply as a Candidate Member. <\/p>\n
o In order to enhance the designation
\nprocess, a Work Product Review
\nProgram has been implemented for
\nCandidate Members, supported by a
\nrobust Peer Review Process. <\/p>\n
Marketing and communications:
\no The website was redesigned and <\/p>\n
launched in mid-2013 to represent
\nour membership more effectively and
\nimplement more functionality in the
\n\u2018Find an Appraiser\u2019 tool. Site visits are
\nincreasing dramatically. <\/p>\n
o An advertising campaign has been
\ncreated and implemented for both
\nrecruitment and corporate initiatives. <\/p>\n
o New tools and handouts have been
\ndeveloped to educate consumers
\nand professionals about the
\nappraisal profession.<\/p>\n
o Strategic relationships and alliances
\nwith like-minded professional
\norganizations such as the Appraisal
\nInstitute, Canadian Institute of
\nChartered Business Valuators,
\nand Canadian Association of
\nAccredited Mortgage Professionals,
\namong others, have been initiated
\nand strengthened. <\/p>\n
o Increased stakeholder outreach in the
\nresidential, industrial, commercial and
\ninvestment (ICI), and non-fee sectors
\nhas been conducted. <\/p>\n
o New media channels have been
\nexplored and developed for our
\nmarketing efforts.<\/p>\n
o Advocacy and public policy
\ncommentary has been increased.<\/p>\n
Governance:
\no AIC has implemented the new <\/p>\n
committee and sub-committee
\nstructure to streamline our
\ngovernance model to be much more
\neffective. New terms of reference
\nhave been drafted to outline
\nobjectives, responsibilities and
\ncommittee requirements.<\/p>\n
o The AIC By-laws and Articles of
\nContinuance have been updated
\nto align and comply with the
\nnew Canada Not-for-profit
\nCorporations Act.<\/p>\n
o AIC consulted with members and
\nexternal stakeholders to evaluate the
\nsuccess of our 2011-2014 strategic
\nplan and to identify new opportunities
\nfor the AIC. This consultation has
\nbeen instrumental in developing the
\n2015-2018 strategic plan that will
\ncontinue to leverage AIC members\u2019
\nstrengths and open new doors of
\nopportunity for our members.<\/p>\n
With respect to Board
\ngovernance, our incoming
\npresident (president-elect), Scott
\nWilson, AACI, P. App., will take
\nover as chair in June. As I hand the
\nreins over to Scott, there are some
\nkey opportunities for AIC. We will
\ncontinue to move forward within
\neach of our strategic pillars by
\nassessing programs and evaluating
\nwhat is working effectively, by
\nensuring that we continue to
\nwatch the market conditions to
\nbring the best services to our
\nmembers to help them succeed,
\nand by ensuring that the AIC
\nremains the premier valuation
\norganization in Canada. <\/p>\n
In closing, in early April of
\nthis year, I had the opportunity
\nto observe a member recognition
\naward for one of our long-time
\nvolunteers, New Brunswick\u2019s David
\nBabineau, AACI, P.App (Fellow).
\nHis remarks after receiving the
\naward were particularly poignant.
\nHe said to the audience \u201cdo not
\nbe afraid to volunteer.\u201d As I reflect
\non my various roles with the
\nAIC over the past 14 years, my
\ndecision to put my hand up and
\nvolunteer with the organization
\nwas certainly one of the best
\ndecisions I have ever made.
\nEveryone in our organization has
\nsomething to offer and I would
\nencourage anyone who has even
\nthe slightest inclination to consider
\nvolunteering. You will get back far
\nmore than you ever put in. <\/p>\n
Thank you all for your
\nsupport and guidance
\nthroughout the year and for
\nsparking important discussions
\non what is best for the AIC
\nmembership. <\/p>\n
MY DECISION TO PUT MY HAND UP AND VOLUNTEER
\nWITH THE ORGANIZATION WAS CERTAINLY ONE OF <\/p>\n
THE BEST DECISIONS I HAVE EVER MADE.<\/p>\n
Volume 58 | Book 2 \/ Tome 2 | 2014 | \u00c9valuation Immobili\u00e8re au Canada | Canadian Property Valuation 7Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
LE COIN DE L\u2019EX\u00c9CUTIF<\/p>\n
NOTRE PROFESSION CONTINUE \u00c0
\nFAIRE DE GRANDS PROGR\u00c8S<\/p>\n
D A N W I L S O N , A A C I , P . A P P , P R \u00c9 S I D E N T<\/p>\n
A u cours de la derni\u00e8re ann\u00e9e, j\u2019ai eu l\u2019honneur et le privil\u00e8ge de repr\u00e9senter les membres de l\u2019Institut canadien des
\n\u00e9valuateurs (ICE), tant \u00e0 l\u2019\u00e9chelle nationale
\nqu\u2019internationale. J\u2019ai collabor\u00e9 avec mes
\ncoll\u00e8gues et mes amis au sein du Conseil
\nd\u2019administration pour saisir de nouvelles
\noccasions et pour aborder les probl\u00e8mes
\nfondamentaux et les pr\u00e9occupations des
\nmembres. Pendant ce temps, j\u2019ai \u00e9galement
\neu le plaisir de travailler avec le personnel
\nnational et provincial de l\u2019ICE qui g\u00e8re
\nles probl\u00e8mes et ma\u00eetrise les occasions
\ncl\u00e9s avec passion et d\u00e9vouement et qui
\npermet au Conseil de se concentrer sur les
\nd\u00e9cisions strat\u00e9giques. <\/p>\n
Diff\u00e9rentes questions ont \u00e9t\u00e9 \u00e9claircies.
\n\u2022 L\u2019ICE continue d\u2019\u00eatre respect\u00e9 et <\/p>\n
reconnu (et imit\u00e9) partout dans
\nle monde comme une association
\nprofessionnelle \u00e9tablie au Canada
\net une autorit\u00e9 de l\u2019\u00e9valuation de
\nbiens immobiliers.<\/p>\n
\u2022 Nos b\u00e9n\u00e9voles sont au c\u0153ur de notre
\norganisation et ils apportent tous
\nun engagement et une participation
\nprofonde \u00e0 leur r\u00f4le au sein de l\u2019ICE.<\/p>\n
\u2022 Le personnel de l\u2019ICE est
\nincomparable et l\u2019\u00e9tendue de leurs
\nconnaissances et de leurs comp\u00e9tences
\nest r\u00e9ellement remarquable.<\/p>\n
L\u2019ancien pr\u00e9sident Dave Shum a exprim\u00e9
\navec beaucoup d\u2019\u00e9loquence l\u2019ann\u00e9e
\nderni\u00e8re la diversit\u00e9 des membres de
\nl\u2019ICE. Nous venons de diff\u00e9rentes r\u00e9gions
\nayant des conditions de march\u00e9 uniques, <\/p>\n
nous poss\u00e9dons une vaste exp\u00e9rience, et
\nnous sommes sp\u00e9cialistes dans plusieurs
\ntypes de biens et services. Mais nous avons
\naussi plusieurs points en commun. Nous
\nnous effor\u00e7ons de produire des rapports
\nd\u2019\u00e9valuation de qualit\u00e9 et d\u2019apporter des
\ninformations intelligentes sur les questions de
\nbiens immobiliers, nous sommes fiers de notre
\ntitre et de notre association avec l\u2019ICE, et nous
\nsommes d\u00e9vou\u00e9s \u00e0 notre profession.<\/p>\n
Les professionnels \u0153uvrant dans le
\ndomaine de l\u2019\u00e9valuation au Canada vivent une
\np\u00e9riode exaltante. Je suis tr\u00e8s optimiste quant
\n\u00e0 l\u2019orientation de l\u2019ICE et aux perspectives et
\naux occasions pour nos professionnels dans
\nles ann\u00e9es \u00e0 venir. J\u2019affirme en toute confiance
\nque l\u2019\u00e9quipe de l\u2019ICE est sur la bonne voie
\net a r\u00e9alis\u00e9 des progr\u00e8s marquants pour faire
\navancer notre profession tout au long de
\nl\u2019ann\u00e9e. Voici quelques faits saillants :
\nPratique professionnelle :<\/p>\n
o Le sous-comit\u00e9 des normes a publi\u00e9
\nles Normes uniformes de pratique
\nprofessionnelle en mati\u00e8re d\u2019\u00e9valuation au
\nCanada (NUPPEC) 2014 incluant la
\nnouvelle norme du Fonds de r\u00e9serve.<\/p>\n
o La port\u00e9e du titre CRA de l\u2019ICE a \u00e9t\u00e9
\n\u00e9largie afin de permettre aux membres
\ncomp\u00e9tents de mener des \u00e9tudes de
\nfonds de r\u00e9serve, comme indiqu\u00e9 dans
\nles NUPPEC.<\/p>\n
o Un document de travail a \u00e9t\u00e9
\nr\u00e9dig\u00e9 conjointement avec l\u2019Ordre
\ndes \u00e9valuateurs agr\u00e9\u00e9s du Qu\u00e9bec
\n(OEAQ) intitul\u00e9 Ligne directrice sur
\nl\u2019estimation des loyers marchands des
\nespaces de stationnement<\/p>\n
L\u2019\u00c9QUIPE DE L\u2019ICE EST
\nSUR LA BONNE VOIE ET A <\/p>\n
R\u00c9ALIS\u00c9 DES PROGR\u00c8S
\nMARQUANTS POUR <\/p>\n
FAIRE AVANCER NOTRE
\nPROFESSION TOUT AU <\/p>\n
LONG DE L\u2019ANN\u00c9E. <\/p>\n
Canadian Property Valuation | \u00c9valuation Immobili\u00e8re au Canada | Volume 58 | Book 2 \/ Tome 2 | 20148 Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
LE COIN DE L\u2019EX\u00c9CUTIF<\/p>\n
o L\u2019ICE continue d\u2019\u00eatre au premier
\nplan des efforts de l\u2019International
\nStandards Committee et nos
\ncomit\u00e9s en mati\u00e8re de pratique
\nprofessionnelle cherchent \u00e0 har-
\nmoniser les normes de l\u2019ICE et de
\nl\u2019IVSC.<\/p>\n
o Un webinaire de pratique profession-
\nnelle d\u2019un jour a \u00e9t\u00e9 mis en place afin de
\nr\u00e9duire les co\u00fbts et d\u2019am\u00e9liorer l\u2019acc\u00e8s
\ntout en assurant la qualit\u00e9 de la s\u00e9ance. <\/p>\n
o Un projet pilote a \u00e9t\u00e9 prolong\u00e9 pour
\nune p\u00e9riode suppl\u00e9mentaire d\u2019un an
\nafin d\u2019aider les membres de l\u2019ICE avec la
\ncosignature de non-membres qualifi\u00e9s de
\nl\u2019ICE au Qu\u00e9bec.<\/p>\n
o Suivant la r\u00e9troaction de nos mem-
\nbres, nous continuons d\u2019adapter notre
\nprogramme d\u2019assurance responsabilit\u00e9
\nprofessionnelle vers un programme
\nd\u2019assurance bas\u00e9 sur le risque. <\/p>\n
L\u2019accr\u00e9ditation et l\u2019\u00e9valuation :
\no L\u2019ICE a renouvel\u00e9 le protocole d\u2019entente <\/p>\n
(PE) avec l\u2019Universit\u00e9 de la Colom-
\nbie-Britannique comme notre partenaire
\n\u00e9ducatif. Cette relation nous distingue
\nparmi les organismes d\u2019\u00e9valuation, tant
\nau pays qu\u2019\u00e0 l\u2019\u00e9tranger. <\/p>\n
o Un immense travail a \u00e9t\u00e9 r\u00e9alis\u00e9 pour
\nred\u00e9finir les comp\u00e9tences fondamentales
\net la grille de comp\u00e9tences des AACI et
\ndes CRA afin d\u2019assurer notre r\u00e9putation
\nprofessionnelle en tant que v\u00e9ritable
\nautorit\u00e9 de l\u2019\u00e9valuation immobili\u00e8re au
\nCanada et \u00e0 l\u2019\u00e9chelle internationale. <\/p>\n
o Les exigences en ce qui concerne l\u2019admis-
\nsion comme stagiaire ont \u00e9t\u00e9 simplifi\u00e9es.
\nLes personnes ayant un minimum de
\ndeux ann\u00e9es d\u2019\u00e9ducation postsecondaire
\npeuvent dor\u00e9navant faire leur demande
\npour devenir membres stagiaires. <\/p>\n
o Afin d\u2019am\u00e9liorer le processus d\u2019ac-
\ncr\u00e9ditation, un programme d\u2019examen
\ndu produit de travail a \u00e9t\u00e9 mis en
\nplace pour les membres stagiaires et
\nest appuy\u00e9 par un processus rigoureux
\nd\u2019examen par les pairs. <\/p>\n
Marketing et communications :
\no Le site Web a \u00e9t\u00e9 restructur\u00e9 et lanc\u00e9 \u00e0 <\/p>\n
la mi-mai 2013 pour mieux repr\u00e9senter
\nnos membres et mettre en \u0153uvre de
\nnouvelles fonctionnalit\u00e9s dans l\u2019outil
\n\u00ab\u00a0Trouver un \u00e9valuateur\u00a0\u00bb. Le nombre
\nde visites sur le site augmente con-
\nsid\u00e9rablement.<\/p>\n
o Une campagne de publicit\u00e9 a \u00e9t\u00e9 cr\u00e9\u00e9e
\net mise sur pied pour des initiatives
\ncorporatives et de recrutement. <\/p>\n
o De nouveaux outils et des feuillets ont
\n\u00e9t\u00e9 d\u00e9velopp\u00e9s pour informer les con-
\nsommateurs et les professionnels sur la
\nprofession d\u2019\u00e9valuateur.<\/p>\n
o On a initi\u00e9 et renforc\u00e9 des relations et
\ndes alliances strat\u00e9giques avec des organ-
\nisations professionnelles similaires nota-
\nmment l\u2019Appraisal Institute, le Canadian
\nInstitute of Chartered Business Valu-
\nators, et l\u2019Association canadienne des
\nconseillers hypoth\u00e9caires accr\u00e9dit\u00e9s. <\/p>\n
o On a augment\u00e9 les activit\u00e9s de sensi-
\nbilisation aupr\u00e8s des intervenants dans
\nles secteurs r\u00e9sidentiels, industriels,
\ncommerciaux et d\u2019investissements
\n(l\u2019ICI), et non r\u00e9mun\u00e9r\u00e9s. <\/p>\n
o Nous avons explor\u00e9 et d\u00e9velopp\u00e9 de
\nnouveaux canaux m\u00e9diatiques pour nos
\nactivit\u00e9s de marketing. <\/p>\n
o Nous avons augment\u00e9 nos activit\u00e9s de
\nsensibilisation et nos observations quant
\naux politiques gouvernementales. <\/p>\n
Gouvernance :
\no L\u2019ICE a mis en place une nouvelle <\/p>\n
structure pour les comit\u00e9s et les sous-
\ncomit\u00e9s afin de simplifier notre mod\u00e8le
\nde gouvernance et le rendre beaucoup
\nplus efficace. Un nouveau cadre de
\nr\u00e9f\u00e9rence a \u00e9t\u00e9 r\u00e9dig\u00e9 pour fixer les
\nobjectifs, les responsabilit\u00e9s et les
\nexigences des comit\u00e9s. <\/p>\n
o Les r\u00e8glements et les statuts de
\nprorogation de l\u2019ICE ont \u00e9t\u00e9 r\u00e9vis\u00e9s
\npour s\u2019aligner et se conformer \u00e0 la
\nnouvelle Loi canadienne de 2010 sur les
\norganisations sans but lucratif. <\/p>\n
o L\u2019ICE a consult\u00e9 ses membres et ses
\nintervenants externes pour \u00e9valuer le
\nsucc\u00e8s de notre plan strat\u00e9gique 2011-2014
\net pour trouver de nouvelles possibilit\u00e9s
\npour l\u2019ICE. Ces consultations ont jou\u00e9 un
\nr\u00f4le essentiel dans l\u2019\u00e9laboration du plan
\nstrat\u00e9gique 2015-2018 qui continuera de
\nmettre \u00e0 profit les points forts des membres
\nde l\u2019ICE et d\u2019offrir un monde de possibil-
\nit\u00e9s \u00e0 nos membres. <\/p>\n
En ce qui concerne la gouvernance du Conseil,
\nnotre nouveau pr\u00e9sident (pr\u00e9sident \u00e9lu), Scott
\nWilson, AACI, P. App., prendra la rel\u00e8ve \u00e0 titre
\nde pr\u00e9sident en juin. Au moment o\u00f9 je passe
\nle flambeau \u00e0 Scott, il y a quelques oppor-
\ntunit\u00e9s cl\u00e9s pour l\u2019ICE. Nous continuerons
\nd\u2019aller de l\u2019avant dans chacun de nos piliers
\nstrat\u00e9giques en \u00e9valuant les programmes et
\nce qui fonctionne efficacement, en veillant \u00e0
\npoursuivre la surveillance des conditions de
\nmarch\u00e9 afin d\u2019offrir les meilleurs services \u00e0 nos
\nmembres pour les aider \u00e0 r\u00e9ussir, et en veillant
\n\u00e0 ce que l\u2019ICE demeure l\u2019organisation de choix
\ndans le domaine de l\u2019\u00e9valuation au Canada. <\/p>\n
En terminant, au d\u00e9but du mois d\u2019avril
\ncette ann\u00e9e, j\u2019ai eu l\u2019occasion d\u2019observer un prix
\nd\u2019attestation de m\u00e9rite des membres d\u00e9cern\u00e9
\n\u00e0 l\u2019un de nos b\u00e9n\u00e9voles de longue date, David
\nBabineau du Nouveau-Brunswick, AACI, P.App
\n(Fellow). Le discours qu\u2019il a prononc\u00e9 apr\u00e8s
\navoir re\u00e7u son prix \u00e9tait particuli\u00e8rement \u00e9mou-
\nvant. Il a dit \u00e0 la foule \u00ab\u00a0n\u2019ayez pas peur d\u2019\u00eatre un
\nb\u00e9n\u00e9vole.\u00a0\u00bb Lorsque je r\u00e9fl\u00e9chis sur mes diff\u00e9rents
\nr\u00f4les avec l\u2019ICE au cours des 14 derni\u00e8res
\nann\u00e9es, ma d\u00e9cision de faire du b\u00e9n\u00e9volat pour
\nl\u2019organisation \u00e9tait certainement l\u2019une des
\nmeilleures d\u00e9cisions de toute ma vie. Tout le
\nmonde dans notre organisation peut apporter
\nune contribution et j\u2019encourage ceux qui ont
\nla moindre volont\u00e9 d\u2019envisager de devenir
\nb\u00e9n\u00e9voles. Vous serez davantage r\u00e9compens\u00e9s
\npour vos efforts. <\/p>\n
Je veux tous vous remercier pour votre
\nsoutien et vos conseils tout au long de
\nl\u2019ann\u00e9e et pour avoir suscit\u00e9 d\u2019importantes
\ndiscussions sur ce qui est le mieux pour les
\nmembres de l\u2019ICE. <\/p>\n
MA D\u00c9CISION DE FAIRE DU B\u00c9N\u00c9VOLAT POUR L\u2019ORGANISATION
\n\u00c9TAIT CERTAINEMENT L\u2019UNE DES MEILLEURES D\u00c9CISIONS DE TOUTE MA VIE. <\/p>\n
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\nTABLE OF CONTENTS<\/p>\n
AIC\u2019s leadership role
\nin the globalization
\nof international
\nvaluation standards<\/p>\n
An interview with lV SC’s Sir David Tweedie<\/p>\n
them. Our job on the valuation side of
\nthe equation is to get agreement on what
\nvaluation standards are the best and then
\nget countries around the globe using them
\nso that, wherever a valuation may have
\nbeen completed, you know it was done in
\na consistent, professional manner.<\/p>\n
After meeting with major valuation
\norganizations such as the AIC and others
\nfrom the US, China, Australia, the UK
\nand elsewhere around the world, we
\nare now in the process of developing a
\nMemorandum of Understanding (MOU),
\nwhereby these organizations agree to
\nmove towards a universally accepted set
\nof valuation standards. This does not
\nnecessarily mean adopting standards that
\nexist right now, but rather agreed-upon
\nstandards that we can have in place in
\ntwo or three years. The process entails
\nhaving these international valuation
\norganizations look at each other\u2019s current
\nstandards, review how they are different
\nfrom one another, determine which are
\nbest, and then adopt them into practice.
\nThere are about a dozen of these leading
\norganizations that have agreed in principle
\nto what we are trying to accomplish
\nand that have signed on to undertake
\nthis process that we hope will lead to
\nthe ultimate adoption of international
\nvaluation standards.<\/p>\n
Sir David Tweedie, past Chairman
\nof the International Accounting
\nStandards Board (IASB), is now with
\nthe International Valuation Standards
\nCouncil (IVSC) where he is spearheading
\nthe charge to have countries around
\nthe world adopt an international set of
\nvaluation standards. Sir David shared
\nhis thoughts with Canadian Property
\nValuation on the importance of this
\nprocess and the role of the Appraisal
\nInstitute of Canada (AIC) in its progress.<\/p>\n
How do you define international
\nvaluation standards (IVS)
\nand their significance within
\nthe global economy?
\nDuring my time with the IASB, I served as
\nChairman of the body setting International
\nFinancial Reporting Standards (IFRS).
\nHaving thus been involved with the
\nsuccessful standardization of accounting
\nrules around the globe, and knowing
\nthat the accurate end result of applied
\naccounting rules depends upon proper
\nvaluations, our vision with the IVSC is
\nfor rules of valuation to also be the same
\nno matter what country is involved. With
\nthe IFRS, for example, from a handful of
\ncountries initially agreeing to implement
\ncommon standards, there are now over
\n120 countries, including Canada, that use <\/p>\n
\u201cWith the leadership
\nof an organization such
\nas the AIC, which is
\nalready at the level of
\nprofessionalism required
\nin all areas, we are
\noptimistic there will be
\na positive chain reaction
\nand our ultimate goal
\nwill be accomplished.\u201d<\/p>\n
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\nTABLE OF CONTENTS<\/p>\n
Why are international valuation
\nstandards so important
\nin today\u2019s economy?
\nWhen the worldwide financial crisis hit,
\nmarkets were tumbling out of control. In
\nfact, they actually froze to the point where no
\ntransactions were even taking place. I was an
\nex-officio member of the financial stability
\nboard, and I, like many others, assumed
\nthere was an organization dealing with this
\nsituation… an organization that could get
\nthings moving again in an orderly fashion.
\nWe soon found out that no such organization
\nexisted. The stability of our banks was in
\nquestion and it was difficult to accurately
\nvalue their assets, since there was no common
\nway of conducting those valuations. As a
\nresult, the IASB had to set up a task force of
\nbankers, auditors, regulators, etc. that, within
\na couple of months, had to determine what
\nneeded to be in place in illiquid markets so
\nthat sound transactions could occur, not a
\nseries of fire sales. We had to come up with a
\nway of determining values so that transactions
\ncould take place in a more orderly market.
\nThat alerted me to the fact that there is a
\nmajor problem with the valuation of financial
\ninstruments that affect such vital business
\nmeasuring and reporting tools as balance
\nsheets and profit and loss statements. For
\nexample, if it is determined that banks have
\nto hold a certain percentage of net assets as a
\ncapital base, how do you accurately determine
\nthe value of those net assets? This lack of
\nconsistent methodologies and standards affects <\/p>\n
\u201cIf a country\u2019s rules of valuation
\nare different from the rest of the
\nworld, people will begin to ask why
\nthey are different and whether or
\nnot someone is hiding something.\u201d<\/p>\n
\u201cThe process
\nentails having
\nthese international
\nvaluation
\norganizations look
\nat each other\u2019s
\ncurrent standards,
\nreview how they are
\ndifferent from one
\nanother, determine
\nwhich are best, and
\nthen adopt them
\ninto practice.\u201d <\/p>\n
stability issues, financial reporting
\nissues, and, to a significant degree, real
\nestate and business valuations. It is
\ncompletely pervasive. <\/p>\n
Whether you are an investor or a
\nregulator, you need to know that assets
\nhave been valued fairly and properly.
\nWhen looking at a set of accounts,
\nyou need to know that they have been
\nvalued in the same way as they are
\neverywhere else. You need to know
\nthat it is not a case of something being
\nvalued far too aggressively or far too
\nconservatively. In order to accomplish
\nthat, there needs to be consistent and
\nreliable benchmarks. <\/p>\n
As well as giving more security
\nto investors and regulators, an
\ninternationally accepted set of
\nstandards also reduces the risks for
\ncompanies’ evaluating their own
\nassets. If they are being too aggressive
\nin their valuations, then they could
\nhave major problems for which they
\nare held responsible.<\/p>\n
Why is it important for the
\nAIC to align the Canadian
\nUniform Standards of
\nProfessional Appraisal Practice
\n(CUSPAP) with the IVS?
\nWhen someone from another
\ncountry is examining Canadian
\nvaluations or looking to invest in <\/p>\n
Canada, it is important to know that
\nthe valuations have been done the same
\nway, with the same sorts of models
\nand assumptions. If a country\u2019s rules
\nof valuation are different from the rest
\nof the world, people will begin to ask
\nwhy they are different and whether or
\nnot someone is hiding something. The
\nidea is not to have Canada abandon its
\nCUSPAP, but rather to know that the
\ngeneral principles of CUSPAP and IVS
\nare the same.<\/p>\n
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\nTABLE OF CONTENTS<\/p>\n
What are the biggest challenges of
\nthis alignment among countries?
\nThere have not been many issues where
\nCanada is concerned, but the usual
\nchallenges involve what I call the three Cs.
\nYou have to change, there is a cost involved
\nin changing, and you have to give up a
\ndegree of control. If you want a consensus
\non global standards, sometimes you cannot
\nget everything you want. There needs
\nto be a realization that there is a bigger
\ngame out there. If you have a variety of
\ninstitutions and individuals doing things
\nin a variety of different ways, it all starts
\nto fall apart. It is better for everyone if
\nthere is consistency. This is really a case of
\nmoving to the highest level, not the lowest
\ncommon denominator. We all need to aim
\nfor the best.<\/p>\n
What is the international
\ncommunity\u2019s perception of the
\nAIC in regards to its standards,
\neducation, quality of designated
\nmembers, and other key
\nprograms and structures?
\nThe AIC is held in very high regard,
\nboth in Canada and beyond. That is one
\nof the reasons why the IVSC wanted to
\nbe associated with the AIC. When we
\nsaw that the AIC recently renewed its
\neducational agreement with the University
\nof British Columbia, it was extremely
\nimportant to us. We truly believe in
\nthe importance of organizations having
\nrigorous educational programs. <\/p>\n
One of the things we are after is a
\nconsistent valuation designation. Unlike
\nthe accounting profession, which has the
\nthree universally recognized designations
\nof CPA, CA and ACCA, valuation <\/p>\n
\u201cWhether you are an
\ninvestor or a regulator,
\nyou need to know
\nthat assets have
\nbeen valued fairly
\nand properly. When
\nlooking at a set of
\naccounts, you need to
\nknow that they have
\nbeen valued in the
\nsame way as they are
\neverywhere else.\u201d<\/p>\n
\u201cOur objective is for the institutes to agree on entry requirements,
\nexams, ethical rules, continuing professional development, disciplinary
\nrequirements and other key elements of their designation process.\u201d<\/p>\n
designations around the globe are very
\ninconsistent. Some countries have no
\ndesignations, some have as many as five
\nor six, and others have designations that
\nare not very clear or identifiable as to what
\nthey represent. Our objective is for the
\ninstitutes to agree on entry requirements,
\nexams, ethical rules, continuing
\nprofessional development, disciplinary
\nrequirements and other key elements of
\ntheir designation process. While some
\norganizations may have a few of these
\nthings, the AIC has them all. That is the
\nlevel we want the profession to reach on
\nan international basis. <\/p>\n
If the bodies agree, one suggestion
\nwould be to add a suffix (i.e., an
\nadditional designation) to their
\nexisting designations, whereby,
\nprovided their members have met the
\nrequirements, they would earn the
\nright to add something along the lines
\nof \u2018International Real estate Valuer\u2019 to
\ntheir designations. People seeing this
\nextra suffix on the designation would
\nknow instantly that this valuer is at a
\nlevel recognized worldwide. For what
\nthey have accomplished, we want to
\ndifferentiate these appraisers from what
\nI term \u201cthe cowboys.\u201d<\/p>\n
There is a great deal of work
\nyet to be done. However, we are
\nencouraged by the support and
\ninterest that exists within the world\u2019s
\nappraisal community. Our role is
\none of coordination, and with the
\nleadership of an organization such as
\nthe AIC, which is already at the level of
\nprofessionalism required in all areas, we
\nare optimistic there will be a positive
\nchain reaction and our ultimate goal
\nwill be accomplished. <\/p>\n
How does the AIC compare with
\nother valuation associations in
\ndeveloped countries in regards
\nto its alignment with IVS?
\nThe AIC is a huge supporter of what
\nthe IVSC is trying to accomplish. As a
\ncountry, Canada is very international and
\nsupportive of internationalism. Canada was
\na great leader in establishing international
\naccounting standards and the AIC is doing
\nlikewise when it comes to valuation. The
\nIVSC and AIC are currently in discussion
\nwith the MOU and should have that
\nworked out in the next few months. Going
\nforward, there may be some uniquely
\nCanadian issues and add-ons that have to
\nbe addressed and maintained, but we are
\nconfident the ultimate goal will be realized.<\/p>\n
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Le r\u00f4le de leadership de
\nl\u2019ICE dans l\u2019universalisation
\ndes normes internationales
\nd\u2019\u00e9valuation<\/p>\n
Entrevue avec Sir David Tweedie de \u2019lV SC <\/p>\n
Sir David Tweedie, ancien pr\u00e9sident
\ndu Conseil des normes comptables
\ninternationales, pr\u00e9side maintenant
\nl\u2019International Valuation Standards
\nCouncil (IVSC). Un de ses projets
\nvise \u00e0 inciter les pays du monde entier
\n\u00e0 adopter un ensemble uniforme de
\nnormes internationales d\u2019 \u00e9valuation. Sir
\nTweedie s\u2019est entretenu avec \u00c9valuation
\nimmobili\u00e8re au Canada au sujet de
\nl\u2019 importance de ce processus et du r\u00f4le de
\nl\u2019Institut canadien des \u00e9valuateurs (ICE) \u00e0
\nl\u2019 \u00e9gard des progr\u00e8s en ce sens. <\/p>\n
Comment d\u00e9finissez-vous les
\nnormes internationales d\u2019\u00e9valua-
\ntion (NIE) et leur importance au
\nsein de l\u2019\u00e9conomie mondiale?
\nAu sein du CNCI, je pr\u00e9sidais l\u2019organisme
\ncharg\u00e9 d\u2019\u00e9tablir les Normes internationales
\nd\u2019 information financi\u00e8re (IFRS). Ayant
\nainsi pris part \u00e0 l\u2019uniformisation r\u00e9ussie
\ndes r\u00e8gles comptables dans le monde
\nentier, et ayant tenu compte du fait que
\nle r\u00e9sultat final pr\u00e9cis des r\u00e8gles compt-
\nables appliqu\u00e9es d\u00e9pend de la qualit\u00e9 de
\nl\u2019\u00e9valuation, la vision de l\u2019IVSC consiste
\n\u00e0 uniformiser les r\u00e8gles d\u2019\u00e9valuation de
\nmani\u00e8re \u00e0 ce qu\u2019elles soient identiques,
\npeu importe le pays concern\u00e9. Je peux
\nciter les IFRS en exemple : au d\u00e9part,
\nquelques pays avaient accept\u00e9 de mettre
\nen oeuvre des normes communes, alors <\/p>\n
qu\u2019aujourd\u2019hui, plus de 120 pays, dont le
\nCanada, les utilisent. En ce qui concerne
\nl\u2019\u00e9valuation, nous souhaitons parvenir \u00e0 un
\naccord relativement aux meilleures normes
\nd\u2019\u00e9valuation et inciter les pays du monde
\nentier \u00e0 les mettre en application afin que
\nles \u00e9valuations soient effectu\u00e9es de mani\u00e8re
\nuniforme et professionnelle, sans tenir compte
\ndu pays. <\/p>\n
Apr\u00e8s avoir rencontr\u00e9 d\u2019importantes
\norganisations d\u2019\u00e9valuation, comme l\u2019ICE et
\nd\u2019autres organisations des \u00c9tats-Unis, de la
\nChine, de l\u2019Australie, du Royaume-Uni et
\nd\u2019ailleurs, nous \u00e9laborons actuellement un
\nprotocole d\u2019entente (PE), en vertu duquel ces
\norganisations consentent \u00e0 adopter un ensem-
\nble de normes d\u2019\u00e9valuation universellement
\naccept\u00e9es. Cela ne signifie pas n\u00e9cessaire-
\nment d\u2019adopter des normes existant \u00e0 l\u2019heure
\nactuelle, mais plut\u00f4t des normes accept\u00e9es
\nd\u2019un commun accord mises en oeuvre dans
\ndeux ou trois ans. Dans le cadre du processus,
\nces organisations internationales d\u2019\u00e9valuation
\ndevront examiner les normes actuelles de
\nchacune d\u2019entre elles, constater les diff\u00e9rences,
\nd\u00e9terminer les meilleures normes et les mettre
\nen pratique. Environ une douzaine de ces
\norganisations de premier plan ont convenu
\nde prendre part \u00e0 cette initiative en signant
\nun document confirmant leur participation
\nau processus qui, nous esp\u00e9rons, m\u00e8nera \u00e0
\nl\u2019adoption ultime de normes internationales
\nd\u2019\u00e9valuation. <\/p>\n
\u00ab Avec le leadership
\ndont fait preuve une
\norganisation comme
\nl\u2019ICE, qui a d\u00e9j\u00e0
\natteint le niveau de
\nprofessionnalisme exig\u00e9
\ndans tous les domaines,
\nnous sommes persuad\u00e9s
\nque les r\u00e9actions seront
\npositives et que notre
\nbut ultime sera atteint. \u00bb<\/p>\n
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\nTABLE OF CONTENTS<\/p>\n
Pour quelles raisons les normes
\ninternationales d\u2019\u00e9valuation
\nsont-elles si importantes dans
\nl\u2019\u00e9conomie d\u2019aujourd\u2019hui?
\nLorsqu\u2019est survenue la crise financi\u00e8re
\nmondiale, les march\u00e9s ont d\u00e9gringol\u00e9.
\nEn effet, \u00e0 un moment donn\u00e9, aucune
\ntransaction ne se faisait sur les march\u00e9s.
\nJ\u2019\u00e9tais membre d\u2019office du Conseil de
\nstabilit\u00e9 financi\u00e8re \u00e0 l\u2019\u00e9poque et, comme
\nplusieurs autres, j\u2019ai suppos\u00e9 qu\u2019une
\norganisation s\u2019occupait de la situation\u2026
\nune organisation qui pouvait faire bouger
\nles choses de fa\u00e7on ordonn\u00e9e. Nous avons
\nrapidement constat\u00e9 le contraire. La
\nstabilit\u00e9 de nos banques a \u00e9t\u00e9 remise en
\nquestion et l\u2019\u00e9valuation pr\u00e9cise de leurs
\nactifs s\u2019est av\u00e9r\u00e9e difficile, car celle-ci ne
\ns\u2019effectue pas de mani\u00e8re uniforme. Par
\ncons\u00e9quent, le CNCI a d\u00fb mettre sur
\npied un groupe de travail compos\u00e9 de <\/p>\n
banquiers, d\u2019auditeurs, de r\u00e9gulateurs,
\netc., qui, en deux ou trois mois, devait
\nd\u00e9terminer les \u00e9l\u00e9ments \u00e0 mettre en
\nplace au sein des march\u00e9s illiquides afin
\nde permettre les transactions s\u00fbres, et
\nnon une s\u00e9rie de ventes forc\u00e9es. Nous
\ndevions \u00e9galement trouver une fa\u00e7on
\nde d\u00e9terminer les valeurs pour que les
\ntransactions se fassent sur un march\u00e9
\nplus ordonn\u00e9, me mettant ainsi en garde
\ncontre le grave probl\u00e8me li\u00e9 \u00e0 l\u2019\u00e9valuation
\ndes instruments financiers ayant une
\nincidence sur les outils essentiels de
\nmesure commerciale et d\u2019\u00e9tablissement
\nde rapports tels que les bilans et les
\nd\u00e9clarations de profits et de pertes. Par
\nexemple, si l\u2019on conclut que les banques
\ndoivent d\u00e9tenir un certain pourcentage
\nd\u2019actifs nets \u00e0 titre de capital de base, de
\nquelle fa\u00e7on la valeur de ces actifs nets
\nest-elle d\u00e9termin\u00e9e de fa\u00e7on pr\u00e9cise?
\nLe manque de m\u00e9thodes et de normes
\nuniformes a des effets n\u00e9gatifs sur les
\nquestions en mati\u00e8re de stabilit\u00e9, de
\nrapports financiers et, dans une large
\nmesure, les \u00e9valuations immobili\u00e8res
\net commerciales. Malheureusement, la
\nsituation est g\u00e9n\u00e9ralis\u00e9e. <\/p>\n
Que vous soyez investisseur ou
\nr\u00e9gulateur, vous devez savoir si les actifs
\nont \u00e9t\u00e9 \u00e9valu\u00e9s justement et correctement.
\nEn outre, lors de l\u2019examen d\u2019un ensemble
\nde comptes, vous devez savoir s\u2019ils ont
\n\u00e9t\u00e9 \u00e9valu\u00e9s de la m\u00eame mani\u00e8re que les
\nautres \u00e9l\u00e9ments. Il faut savoir si l\u2019\u00e9l\u00e9ment
\na \u00e9t\u00e9 \u00e9valu\u00e9 de fa\u00e7on trop agressive ou
\nconservatrice. Pour arriver \u00e0 cette fin, des
\npoints de r\u00e9f\u00e9rence uniformes et fiables
\ndoivent \u00eatre fix\u00e9s. <\/p>\n
En plus d\u2019offrir une plus grande
\ns\u00e9curit\u00e9 aux investisseurs et aux
\nr\u00e9gulateurs, un ensemble de normes
\naccept\u00e9es \u00e0 l\u2019\u00e9chelle internationale r\u00e9duit
\nle risque qu\u2019une entreprise \u00e9value ses
\npropres actifs. Si l\u2019entreprise \u00e9value ses
\nactifs de fa\u00e7on trop agressive, elle sera
\ntenue responsable des graves probl\u00e8mes
\nqui en d\u00e9couleront. <\/p>\n
Pourquoi est-il important que l\u2019ICE
\nharmonise les Normes uniformes
\nde pratique professionnelle
\nen mati\u00e8re d\u2019\u00e9valuation au
\nCanada (NUPPEC) aux NIE?
\nLorsqu\u2019un individu d\u2019un autre pays
\nexamine les \u00e9valuations canadiennes
\nou souhaite investir au Canada, il lui
\nimporte de savoir si les \u00e9valuations ont \u00e9t\u00e9
\nmen\u00e9es de la m\u00eame mani\u00e8re, c\u2019est-\u00e0-dire \u00e0
\nl\u2019aide des m\u00eames mod\u00e8les et hypoth\u00e8ses.
\nSi les r\u00e8gles d\u2019\u00e9valuation d\u2019un pays
\ndiff\u00e8rent de celles du reste du monde,
\nles gens commenceront \u00e0 se demander
\npourquoi c\u2019est ainsi ou si le pays en
\nquestion ne cherche pas \u00e0 cacher quelque
\nchose. Le concept ne vise pas \u00e0 inciter le
\nCanada \u00e0 abandonner les NUPPEC, mais
\nplut\u00f4t \u00e0 rendre les principes g\u00e9n\u00e9raux de
\ncelles-ci et des NIE identiques. <\/p>\n
O\u00f9 en est l\u2019ICE relativement \u00e0
\nl\u2019harmonisation de ses normes
\navec les NIE en comparaison
\navec les autres associations
\nd\u2019\u00e9valuation des pays d\u00e9velopp\u00e9s?
\nL\u2019ICE soutient grandement les travaux
\nque l\u2019IVSC essaient d\u2019accomplir. En tant <\/p>\n
\u00ab Si les r\u00e8gles
\nd\u2019\u00e9valuation d\u2019un pays
\ndiff\u00e8rent de celles du
\nreste du monde, les
\ngens commenceront \u00e0
\nse demander pourquoi
\nc\u2019est ainsi ou si le
\npays en question ne
\ncherche pas \u00e0 cacher
\nquelque chose. \u00bb<\/p>\n
\u00ab Dans le cadre du
\nprocessus, ces organisations
\ninternationales d\u2019\u00e9valuation
\ndevront examiner les normes
\nactuelles de chacune
\nd\u2019entre elles, constater les
\ndiff\u00e9rences, d\u00e9terminer les
\nmeilleures normes et les
\nmettre en pratique. \u00bb <\/p>\n
Canadian Property Valuation | \u00c9valuation Immobili\u00e8re au Canada | Volume 58 | Book 2 \/ Tome 2 | 201414 Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
\u00ab Que vous soyez investisseur ou r\u00e9gulateur, vous devez savoir si les actifs
\nont \u00e9t\u00e9 \u00e9valu\u00e9s justement et correctement. En outre, lors de l\u2019examen d\u2019un
\nensemble de comptes, vous devez savoir s\u2019ils ont \u00e9t\u00e9 \u00e9valu\u00e9s de la m\u00eame
\nmani\u00e8re que les autres \u00e9l\u00e9ments. \u00bb<\/p>\n
\u00ab Notre objectif consiste
\n\u00e0 inviter les instituts
\n\u00e0 s\u2019entendre sur les
\nexigences d\u2019admission,
\nles examens, les
\nr\u00e8gles d\u2019\u00e9thique, le
\nperfectionnement
\nprofessionnel
\ncontinu, les exigences
\ndisciplinaires et les
\nautres \u00e9l\u00e9ments cl\u00e9s
\nde leur processus
\nd\u2019obtention d\u2019un titre. \u00bb<\/p>\n
que pays, le Canada jouit d\u2019une grande
\nvisibilit\u00e9 sur le plan international et
\nest en faveur de l\u2019internationalisme.
\nLe Canada \u00e9tait un chef de file
\nremarquable dans l\u2019\u00e9tablissement des
\nnormes comptables internationales et
\nl\u2019ICE fait de m\u00eame dans le domaine de
\nl\u2019\u00e9valuation. L\u2019IVSC et l\u2019ICE discutent
\nactuellement du PE et celui-ci devrait
\n\u00eatre conclu au cours des prochains mois.
\n\u00c0 l\u2019avenir, il peut y avoir des questions
\net des ajouts propres au Canada devant
\n\u00eatre trait\u00e9s et maintenus, mais nous
\nsommes confiants que l\u2019objectif ultime
\nsera atteint. <\/p>\n
Quelles sont les plus
\ngrandes difficult\u00e9s en
\nmati\u00e8re d\u2019harmonisation
\nrencontr\u00e9es par les pays?
\nPeu d\u2019enjeux concernent le Canada,
\nmais les difficult\u00e9s habituelles se
\nrapportent \u00e0 ce que j\u2019appelle les trois
\nC, soit le changement, les co\u00fbts li\u00e9s
\n\u00e0 celui-ci et l\u2019exercice du contr\u00f4le \u00e0
\nun degr\u00e9 moindre. Pour obtenir un
\nconsensus sur des normes mondia-
\nles, il faut sacrifier certaines choses.
\nIl faut r\u00e9aliser qu\u2019il s\u2019agit d\u2019un projet
\ncompliqu\u00e9. Lorsqu\u2019une grande vari\u00e9t\u00e9
\nd\u2019institutions et d\u2019individus travaillent
\naussi diff\u00e9remment qu\u2019il y a de parties
\nconcern\u00e9es, tout commence \u00e0 s\u2019\u00e9crou-
\nler. La pr\u00e9sence d\u2019une certaine unifor-
\nmit\u00e9 am\u00e9liore le travail de tous. L\u2019enjeu
\nconsiste \u00e0 atteindre le d\u00e9nominateur le
\nplus commun, et non le contraire. Nous
\ndevons tous viser le meilleur. <\/p>\n
De quelle fa\u00e7on la
\ncommunaut\u00e9 internationale
\nper\u00e7oit l\u2019ICE en ce qui a
\ntrait \u00e0 ses normes, son
\nprogramme d\u2019\u00e9ducation, <\/p>\n
la qualit\u00e9 de ses membres
\naccr\u00e9dit\u00e9s et ses principaux
\nprogrammes et structures?
\nL\u2019ICE est tr\u00e8s bien consid\u00e9r\u00e9, autant
\nau Canada qu\u2019ailleurs dans le monde.
\nC\u2019est une des raisons pour lesquelles
\nl\u2019IVSC voulait s\u2019associer avec l\u2019ICE.
\nLorsque nous avons appris que l\u2019ICE
\navait r\u00e9cemment renouvel\u00e9 son entente
\nsur l\u2019\u00e9ducation avec l\u2019Universit\u00e9 de la
\nColombie-Britannique, cet \u00e9v\u00e9nement
\nrev\u00eatait une importance extr\u00eame pour
\nnous. Nous croyons fermement que
\nles organisations doivent poss\u00e9der des
\nprogrammes \u00e9ducatifs rigoureux. <\/p>\n
Nous recherchons \u00e9galement
\nl\u2019uniformit\u00e9 des titres dans le domaine
\nde l\u2019\u00e9valuation. Contrairement \u00e0 la
\nprofession de comptable, qui compte
\ntrois titres internationalement reconnus
\n(CPA, CA et ACCA), les titres des
\n\u00e9valuateurs varient \u00e9norm\u00e9ment dans
\nle monde entier. Certains pays ne
\nposs\u00e8dent aucun titre, d\u2019autres en
\ncumulent cinq ou six. Par ailleurs, les
\ntitres de plusieurs pays ne sont pas clairs
\nou ne correspondent pas \u00e0 ce qu\u2019ils
\nrepr\u00e9sentent. Notre objectif consiste \u00e0
\ninviter les instituts \u00e0 s\u2019entendre sur les
\nexigences d\u2019admission, les examens, les
\nr\u00e8gles d\u2019\u00e9thique, le perfectionnement
\nprofessionnel continu, les exigences
\ndisciplinaires et les autres \u00e9l\u00e9ments cl\u00e9s
\nde leur processus d\u2019obtention d\u2019un titre.
\nBien que quelques organisations aient mis
\nen oeuvre certains de ces \u00e9l\u00e9ments, l\u2019ICE
\nles poss\u00e8de tous. C\u2019est le niveau que nous
\nsouhaitons que la profession atteigne \u00e0
\nl\u2019\u00e9chelle internationale. <\/p>\n
Si les organismes sont d\u2019accord,
\nnous sugg\u00e9rons l\u2019ajout d\u2019un suffixe
\n(c.-\u00e0-d. un titre suppl\u00e9mentaire) \u00e0
\nleurs titres existants, permettant
\nainsi aux membres satisfaisant aux <\/p>\n
exigences d\u2019ajouter, par exemple, la
\nmention \u00ab\u00a0\u00c9valuateur immobilier
\ninternational\u00a0\u00bb \u00e0 leur titre. Cette
\nmention suppl\u00e9mentaire fait en sorte
\nque l\u2019on sait instantan\u00e9ment que
\nl\u2019\u00e9valuateur en question est reconnu
\n\u00e0 l\u2019\u00e9chelle mondiale. Nous voulons
\ndistinguer ces \u00e9valuateurs, gr\u00e2ce \u00e0 leurs
\naccomplissements, de ce que j\u2019appelle
\nles \u00ab\u00a0cowboys.\u00a0\u00bb <\/p>\n
Il y a encore beaucoup de travaux \u00e0
\nr\u00e9aliser. Cependant, le soutien offert par
\nla communaut\u00e9 mondiale des \u00e9valuateurs
\net son int\u00e9r\u00eat \u00e0 l\u2019\u00e9gard de notre projet
\nnous encouragent. Notre r\u00f4le en est un
\nde coordination, et avec le leadership
\ndont fait preuve une organisation comme
\nl\u2019ICE, qui a d\u00e9j\u00e0 atteint le niveau de
\nprofessionnalisme exig\u00e9 dans tous les
\ndomaines, nous sommes persuad\u00e9s que les
\nr\u00e9actions seront positives et que notre but
\nultime sera atteint. <\/p>\n
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\nTABLE OF CONTENTS<\/p>\n
Appraisals, a company he co-founded
\nin 1994. Today, he also works alongside
\nhis son Ryan, who joined him in the
\nbusiness five years ago and is currently
\na Candidate Member working to earn
\nhis CRA. Eric has been a Member
\nof the Appraisal Institute of Canada
\nsince 1976 and earned his CRA
\ndesignation in 1983. His company
\nfocuses on residential appraisals in Sault
\nSte. Marie, Ontario, with occasional
\nassignments ranging east to Blind River
\nand north to Dubreuilville. <\/p>\n
\u201cRyan and I have an excellent
\nrelationship that allows him to put in the
\nwork hours when he can, while I hold
\ndown the fort when he is dealing with the
\nhuge demands of high-end competitive
\ncurling,\u201d says Eric, who knows full
\nwell what those demands entail, having
\nrepresented Northern Ontario in four
\nBriers (Canada\u2019s national men\u2019s curling
\nchampionship) dating back to 1982.<\/p>\n
With participation in four national
\nmen\u2019s championships and a 2011
\nnational seniors on his curling resume,
\nEric has spent parts of four decades
\nbuilding a successful appraisal career
\nwhile managing the rigours associated
\nwith curling in leagues, bonspiels and <\/p>\n
championships. \u201cFor as long as I can
\nremember, normal holidays for our
\nfamily have been out of the question,\u201d
\nsays Eric, describing how time away
\nfrom work has more often than not
\nbeen tied in with one curling event
\nafter another. \u201cAs well as having an
\nunderstanding wife, you really have to
\nmanage your time. It can be done, but it
\nis definitely a challenge.\u201d<\/p>\n
Has it all been worth it? \u201cWithout
\nquestion,\u201d he says. \u201cBefore watching
\nour sons win this gold medal, a major
\nhighlight of my career was skipping my
\ntwo sons in the 2008 Brier. That does
\nnot happen very often and it is a memory
\nI will always treasure.\u201d<\/p>\n
Although he may get back into the
\ncurling wars next year after taking off
\nthe entire 2013 season, Eric is quite
\ncontent travelling to watch and support
\nEJ and Ryan in curling events from
\ncoast-to-coast and around the world.
\n\u201cHis support means a great deal to my
\nbrother and me,\u201d says Ryan. \u201cHe has
\nbeen my mentor in life, on the curling
\nrink and in business, and I can honestly
\nsay I would not be where I am now or
\nat the level I am without his guidance
\nand influence.\u201d<\/p>\n
\u201cWhether in his curling
\ncareer or the appraisal
\nprofession, Ryan has
\nan excellent work ethic
\nand is very thorough in
\neverything he does. It
\nis a trait we share that
\nmay well come from
\nour competitive nature
\non the curling rink.\u201d<\/p>\n
FOR THE HARNDENS,
\nGOING FOR GOLD
\nIS A FAMILY AFFAIR<\/p>\n
\u201cIt was one of the most memorable times
\nof our lives,\u201d says Eric Harnden, CRA,
\nwhen he describes what it was like for
\nhis entire family, as sons EJ and Ryan
\ncaptured the gold medal in men\u2019s curling
\nat the Sochi Olympics. \u201cFrom the time
\nmy wife Sue and I stepped off the plane
\nin Russia, until we returned home a
\ncouple of weeks later, it was an incredible
\nexperience that we will never forget.\u201d<\/p>\n
Since partner Robert Sheehan, CRA
\nretired three years ago, Eric has been
\nthe sole owner of Algoma Property <\/p>\n
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\nTABLE OF CONTENTS<\/p>\n
That influence on the curling rink
\nstarted back when his boys were four years
\nold, taking great pleasure riding on the
\ncurling rocks as they made their way down
\nthe ice surface. Eric coached them as they
\nrose through the ranks, skipped them on
\nmen\u2019s teams, and then stepped aside after
\nthat memorable Brier in 2008 so that they
\ncould join forces with their cousin Brad
\nJacobs and begin their quest for curling\u2019s
\nholy grail. The rest, as they say, is history.<\/p>\n
\u201cI saw the momentum building,\u201d says
\nEric. \u201cThen, at the Brier in 2013, they
\nplayed an incredible game and made some
\nremarkable shots against former world
\nchampion Jeff Stoughton. I knew that they
\nhad crossed the threshold and were going
\nto a whole new level.\u201d<\/p>\n
While playing a significant role
\nin his sons\u2019 curling careers has been
\ntremendously rewarding, an added bonus
\nfor Eric has been working alongside son
\nRyan in his off-ice career as well. With
\nelder son EJ choosing to pursue marketing
\nat university and ultimately landing
\na position with the Ontario Lottery
\nCorporation, Ryan followed in his Dad\u2019s
\nfootsteps and began working for Algoma
\nProperty Appraisals five years ago. \u201cHe
\nis doing very well,\u201d says Eric. \u201cWhether
\nin his curling career or the appraisal
\nprofession, Ryan has an excellent work
\nethic and is very thorough in everything
\nhe does. It is a trait we share that may
\nwell come from our competitive nature <\/p>\n
on the curling rink. On our inspections
\nand reports, we take our time, strive to
\nbe as thorough as we can, and aim for
\nperfection. Our goal is always to be the
\nbest we can be. I am probably tough on
\nRyan, but I think it is a good tough that is
\nhelping him get better in every aspect of
\nthe profession.\u201d<\/p>\n
Ryan agrees. \u201cMy Dad is very
\nknowledgeable and he pushes me to keep
\nimproving. I really enjoy working with
\nhim and I think the fact that we can have
\na normal conversation about appraisal
\nmatters makes my job a lot easier. I feel
\nlike I am learning from the best. I also
\ncannot say enough about the fact that he
\ncovers for me at work when I am busy with
\nmy curling career. The sacrifices he makes
\nallow me to do what I do.\u201d<\/p>\n
Doing what he does is no small feat.
\nA typical day for Ryan begins at 9 in the
\nmorning and usually goes to about 11 at
\nnight. During those long and arduous
\nhours, he is likely to be found working
\non appraisal assignments, training in
\nthe gym, practicing or competing on the
\nice, attending media and charity events,
\ntravelling to out-of-town competitions\u2026
\nthe list goes on. Oh, and by the way, he is
\nalso a volunteer firefighter who takes that
\nresponsibility very seriously. \u201cThe pace is
\nhectic,\u201d he says, \u201cand it has gotten even
\ncrazier since winning the gold medal.
\nOur team is booked for appearances
\nright through to next curling season. <\/p>\n
Fortunately, most of these activities are on
\nweekends, so I can focus on my appraisal career
\nand taking some of the pressure off my Dad.
\nWinning the gold medal certainly added to the
\ndemands on my time, but I absolutely love what I
\nam doing and want to continue as long as I can.\u201d<\/p>\n
So, what does the future have in store for the
\nHarndens? Well, Eric will continue to handle
\nthe bulk of the responsibilities with his thriving
\nappraisal business, at least for three of four more
\nyears when retirement could enter the picture.
\nAs for Ryan, who is hoping to complete his
\nCRA requirements before the end of 2014, he
\nand the rest of his curling team are committed
\nto at least four more years of doing whatever it
\ntakes to repeat their gold medal performance at
\nthe 2018 Olympics in South Korea. <\/p>\n
For the Harnden family, there may well be
\nmore gold in their futures. <\/p>\n
\u201cRyan and I have an
\nexcellent relationship
\nthat allows him to put
\nin the work hours when
\nhe can, while I hold
\ndown the fort when he
\nis dealing with the huge
\ndemands of high-end
\ncompetitive curling.\u201d<\/p>\n
Eric’s support of his sons’ quest for
\ngold took him all the way to Sochi.<\/p>\n
A golden moment for Harnden
\nbrothers Ryan (L) and EJ.<\/p>\n
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Depuis la retraite de son partenaire
\nRobert Sheehan, CRA il y a trois ans,
\nEric est le seul propri\u00e9taire d\u2019Algoma
\nProperty Appraisals, une entreprise qu\u2019il
\na cofond\u00e9e en 1994. Aujourd\u2019hui, il
\ntravaille \u00e9galement avec son fils Ryan, qui
\ns\u2019est joint \u00e0 l\u2019entreprise il y a cinq ans et
\nqui est actuellement un membre stagiaire
\ntravaillant en vue d\u2019obtenir son titre CRA.
\nEric est membre de l\u2019Institut canadien
\ndes \u00e9valuateurs depuis 1976 et a obtenu
\nson titre CRA en 1983. Son entreprise se
\nconcentre sur les \u00e9valuations r\u00e9sidentielles
\n\u00e0 Sault Ste. Marie, en Ontario, et m\u00e8ne
\nparfois des affectations entre Blind River \u00e0
\nl\u2019est et Dubreuilville au nord. <\/p>\n
\u00ab\u00a0Ryan et moi entretenons d\u2019excellents
\nrapports qui lui permettent de travailler
\nquand il le peut et \u00e0 moi de monter la
\ngarde quand il doit g\u00e9rer les nombreuses
\nexigences du curling comp\u00e9titif de haut
\ncalibre,\u00a0\u00bb explique Eric, qui comprend
\ntr\u00e8s bien en quoi cela consiste comme il a
\nrepr\u00e9sent\u00e9 le Nord ontarien dans quatre
\nBrier (le championnat national masculin de
\ncurling du Canada) remontant \u00e0 1982.<\/p>\n
Avec une participation dans quatre
\nchampionnats nationaux masculins et un
\nchampionnat senior 2011 sur son C.V.
\nde curling, Eric a pass\u00e9 une bonne partie <\/p>\n
de quatre d\u00e9cennies \u00e0 b\u00e2tir une fructueuse
\ncarri\u00e8re dans le domaine de l\u2019\u00e9valuation tout
\nen g\u00e9rant les rigueurs associ\u00e9es \u00e0 la pratique
\ndu curling dans des ligues, des tournois et
\ndes championnats. \u00ab\u00a0Depuis aussi longtemps
\nque je me souvienne, les cong\u00e9s ordinaires
\npour notre famille ont \u00e9t\u00e9 hors de question,\u00a0\u00bb
\nexplique Eric, qui d\u00e9crit que les p\u00e9riodes
\nd\u2019absences du travail \u00e9taient la plupart
\ndu temps li\u00e9es \u00e0 un \u00e9v\u00e9nement de curling
\napr\u00e8s l\u2019autre. \u00ab\u00a0En plus d\u2019avoir une femme
\ncompr\u00e9hensive, vous \u00eates oblig\u00e9s de g\u00e9rer
\nvotre temps. C\u2019est possible, mais il s\u2019agit
\ncertainement d\u2019un d\u00e9fi.\u00a0\u00bb <\/p>\n
Est-ce que le jeu en vaut la chandelle?
\n\u00ab\u00a0Sans aucun doute,\u00a0\u00bb a-t-il r\u00e9pondu. \u00ab\u00a0Avant
\nde regarder nos fils remporter cette m\u00e9daille
\nd\u2019or, un des faits marquants de ma carri\u00e8re
\nfut lorsque j\u2019\u00e9tais le capitaine de mes deux
\ngar\u00e7ons lors du Brier 2008. Cela n\u2019arrive
\npas tr\u00e8s souvent et c\u2019est un souvenir que je
\nch\u00e9rirai toujours.\u00a0\u00bb<\/p>\n
Bien qu\u2019il puisse retourner au curling
\nl\u2019an prochain apr\u00e8s avoir pris la saison 2013
\nde cong\u00e9, Eric est bien content de voyager
\npour regarder et appuyer ses fils EJ et Ryan
\nlors de leur participation aux \u00e9v\u00e9nements de
\ncurling d\u2019un oc\u00e9an \u00e0 l\u2019autre et partout dans
\nle monde. \u00ab\u00a0Mon fr\u00e8re et moi appr\u00e9cions
\ngrandement son soutien,\u00a0\u00bb exprime Ryan. <\/p>\n
\u00ab Que ce soit dans sa
\ncarri\u00e8re de curling ou dans
\nle domaine de l\u2019\u00e9valuation,
\nRyan a une excellente
\n\u00e9thique de travail et il est
\ntr\u00e8s pr\u00e9cis dans tout ce
\nqu\u2019il fait. C\u2019est un trait
\nque nous partageons qui
\npourrait bien venir de
\nnotre nature comp\u00e9titive
\nsur la piste de curling. \u00bb<\/p>\n
POUR LES HARNDENS,
\nLA COURSE \u00c0 L’OR
\nEST UNE AFFAIRE DE FAMILLE<\/p>\n
\u00ab\u00a0Il s\u2019agissait de l\u2019un des moments les plus
\nm\u00e9morables de nos vies\u00a0\u00bb, \u00e9voque Eric
\nHarnden, CRA lorsqu\u2019il d\u00e9crit ce qu\u2019a
\nv\u00e9cu toute sa famille quand ses fils EJ et
\nRyan ont remport\u00e9 la m\u00e9daille d\u2019or en
\ncurling masculin aux Jeux olympiques
\nde Sotchi. \u00ab\u00a0\u00c0 partir du moment o\u00f9 ma
\nconjointe Sue et moi sommes descendus de
\nl\u2019avion en Russie, jusqu\u2019au moment o\u00f9 nous
\nsommes rentr\u00e9s chez nous deux semaines
\nplus tard, ce fut une exp\u00e9rience incroyable
\nque nous n\u2019oublierons jamais.\u00a0\u00bb<\/p>\n
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\u00ab\u00a0Il a \u00e9t\u00e9 mon mentor dans la vie, sur la
\npiste de curling et en affaires, et je peux
\ndire honn\u00eatement que je ne serais pas o\u00f9
\nje suis maintenant ou au niveau que je suis
\nsans ses conseils et son influence.\u00a0\u00bb<\/p>\n
Cette influence sur la piste de curling a
\ncommenc\u00e9 quand ses gar\u00e7ons \u00e9taient \u00e2g\u00e9s
\nde quatre ans lorsqu\u2019ils tiraient un grand
\nplaisir \u00e0 monter sur les pierres de curling
\ncomme elles descendaient la surface de
\nla glace. Eric les a entra\u00een\u00e9s comme ils
\ngravaient les \u00e9chelons, il fut leur capitaine
\nd\u2019\u00e9quipes masculines, et il a ensuite c\u00e9d\u00e9
\nsa place apr\u00e8s ce fameux Brier en 2008
\nafin qu\u2019ils puissent unir leurs forces avec
\nleur cousin Brad Jacobs et commencer
\nleur qu\u00eate du Saint Graal de curling. On
\nconna\u00eet la suite. <\/p>\n
\u00ab\u00a0J\u2019ai vu l\u2019\u00e9lan s\u2019acc\u00e9l\u00e9rer,\u00a0\u00bb dit Eric.
\n\u00ab\u00a0Puis, au Brier en 2013, ils ont jou\u00e9 un
\njeu incroyable et ont effectu\u00e9 des tirs
\nremarquables contre l\u2019ancien champion
\ndu monde Jeff Stoughton. Je savais
\nqu\u2019ils avaient franchi le seuil et qu\u2019ils se
\ndirigeaient vers un tout nouveau palier.\u00a0\u00bb<\/p>\n
Alors qu\u2019il \u00e9tait tr\u00e8s heureux de jouer un
\nr\u00f4le important dans la carri\u00e8re de curling
\nde ses fils, un avantage suppl\u00e9mentaire
\npour Eric fut de travailler avec son fils
\nRyan dans sa carri\u00e8re hors glace. Son fils
\na\u00een\u00e9 EJ a choisi de poursuivre des \u00e9tudes
\nuniversitaires en marketing et a ultimement
\nd\u00e9croch\u00e9 un emploi \u00e0 la Soci\u00e9t\u00e9 des loteries
\nde l\u2019Ontario, mais Ryan a plut\u00f4t suivi
\nles traces de son p\u00e8re et a commenc\u00e9 \u00e0 <\/p>\n
travailler pour Algoma Property Appraisals
\nil y a cinq ans. \u00ab\u00a0Il se porte tr\u00e8s bien,\u00a0\u00bb
\ndit Eric. \u00ab\u00a0Que ce soit dans sa carri\u00e8re de
\ncurling ou dans le domaine de l\u2019\u00e9valuation,
\nRyan a une excellente \u00e9thique de travail et
\nil est tr\u00e8s pr\u00e9cis dans tout ce qu\u2019il fait. C\u2019est
\nun trait que nous partageons qui pourrait
\nbien venir de notre nature comp\u00e9titive sur
\nla piste de curling. Dans nos inspections
\net rapports, nous prenons notre temps,
\nnous nous effor\u00e7ons d\u2019\u00eatre aussi pr\u00e9cis que
\npossible, et nous visons la perfection. Notre
\nobjectif est toujours d\u2019\u00eatre au sommet de
\nnotre discipline. Je suis probablement s\u00e9v\u00e8re
\navec Ryan, mais je pense que c\u2019est une
\ns\u00e9v\u00e9rit\u00e9 juste qui l\u2019aide \u00e0 s\u2019am\u00e9liorer dans
\ntous les domaines de la profession.\u00a0\u00bb <\/p>\n
Ryan est d\u2019accord. \u00ab\u00a0Mon p\u00e8re est tr\u00e8s
\ncomp\u00e9tent et il me pousse \u00e0 continuer \u00e0
\nm\u2019am\u00e9liorer. J\u2019aime vraiment travailler
\navec lui et je pense que le fait que nous
\npouvons avoir une conversation normale
\nsur les questions d\u2019\u00e9valuation rend mon
\ntravail beaucoup plus facile. Je me sens
\ncomme j\u2019apprends du meilleur \u00e9valuateur.
\nJe ne peux pas en dire assez sur le fait
\nqu\u2019il me remplace au travail quand je suis
\noccup\u00e9 avec ma carri\u00e8re de curling. Les
\nsacrifices qu\u2019il fait me permettent de faire
\nce que je fais.\u00a0\u00bb<\/p>\n
Faire ce qu\u2019il fait est tout un exploit. Une
\njourn\u00e9e typique pour Ryan commence \u00e0
\n9\u00a0h et se termine habituellement vers 23 h.
\nPendant ces heures longues et difficiles, on
\nle trouvera s\u00fbrement en train de travailler <\/p>\n
sur des affectations d\u2019\u00e9valuation, de s\u2019entra\u00eener
\nau gymnase, de pratiquer ou de participer \u00e0
\ndes comp\u00e9titions sur la glace, d\u2019assister \u00e0 des
\n\u00e9v\u00e9nements m\u00e9diatiques et charitables, de
\nvoyager \u00e0 des \u00e9preuves sportives hors de la
\nville… La liste est longue. Et puis aussi, il est un
\npompier b\u00e9n\u00e9vole qui prend cette responsabilit\u00e9
\ntr\u00e8s au s\u00e9rieux. \u00ab\u00a0Le rythme est infernal,\u00a0\u00bb dit-il,
\n\u00ab\u00a0et il est devenu encore plus fou depuis qu\u2019on
\na remport\u00e9 la m\u00e9daille d\u2019or. De nombreuses
\napparitions de notre \u00e9quipe sont pr\u00e9vues \u00e0
\nl\u2019horaire jusqu\u2019\u00e0 la prochaine saison de curling.
\nHeureusement, la plupart de ces activit\u00e9s se
\ntiennent la fin de semaine afin que je puisse
\nme concentrer sur ma carri\u00e8re dans le domaine
\nde l\u2019\u00e9valuation et all\u00e9ger la pression sur mon
\np\u00e8re. Remporter la m\u00e9daille d\u2019or a certainement
\najout\u00e9 aux exigences de mon temps, mais j\u2019adore
\nce que je fais et je souhaite continuer aussi
\nlongtemps que je peux.\u00a0\u00bb<\/p>\n
Alors, que r\u00e9serve l\u2019avenir pour les
\nHarndens? Eh bien, Eric continuera \u00e0 g\u00e9rer
\nl\u2019ensemble des responsabilit\u00e9s de son entreprise
\nd\u2019\u00e9valuation florissante, au moins pour trois
\nou quatre ans lorsque la retraite frappera \u00e0 la
\nporte. Quant \u00e0 Ryan, qui esp\u00e8re compl\u00e9ter les
\nexigences du titre CRA avant la fin de 2014,
\nlui et le reste de son \u00e9quipe de curling se sont
\nengag\u00e9s \u00e0 faire ce qu\u2019il faudra faire pendant
\nau moins quatre autres ann\u00e9es afin de r\u00e9p\u00e9ter,
\naux Jeux olympiques de 2018 en Cor\u00e9e du Sud,
\nla performance qui leur a permis d\u2019obtenir la
\nm\u00e9daille d\u2019or \u00e0 Sotchi.<\/p>\n
Pour la famille Harnden, l\u2019avenir pourrait
\nbien r\u00e9server d\u2019autres m\u00e9dailles d\u2019or. <\/p>\n
Le soutien d’Eric \u00e0 l’endroit de la
\ncourse \u00e0 l’or de ses fils l’a emmen\u00e9
\njusqu’\u00e0 Sochi, en Russie.<\/p>\n
Un moment en or pour les fr\u00e8res
\nHarnden Ryan (\u00e0 gauche) et EJ.<\/p>\n
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for parking spaces. While independent,
\nreliable estimates of market parking rents
\nare often associated with the calculation
\nof taxable benefits; the Guideline applies
\nto any situation where such rents are to be
\nestimated. »1 Published March 1, 2014, the
\nGuideline will be refreshed as required,
\nparticularly if new types of parking are
\ndeveloped or new case law evolves.<\/p>\n
Of interest are recent court decisions
\nin the Federal Court of Appeal for
\nCanada and at the Tax Court of
\nCanada, which recognized that the
\napplication of the Appraisal Standard <\/p>\n
D. ALLAN BEATTY, AACI, P.APP, FELLOW
\nAUTHOR OF THE GUIDELINE
\nAND AIC VOLUNTEER CHAIR,
\nAPPEAL SUB-COMMITTEE<\/p>\n
T
\nhe Appraisal Institute of Canada
\n(AIC), in collaboration with
\nl’Ordre des agr\u00e9\u00e9s du Qu\u00e9bec
\n(OEAQ), and with the support of <\/p>\n
Public Works and Government Services
\nCanada (PWGSC), has recently developed
\na Guideline to Estimating the Market Rent
\nfor Parking Spaces. <\/p>\n
At the request of PWGSC, the
\nGuideline was commissioned to assist real
\nestate appraisers who provide parking
\nrate reports directly to them. But, it
\ngoes further than that. The intent is to
\nimprove the consistency in appraisal <\/p>\n
reporting across Canada, to ensure
\nopinions for parking rents are objective
\nand well supported, and provide guidance
\nto practitioners on an industry-wide
\nbasis. It also reflects the requirements
\nof the standards of professional practice
\nof the AIC and OEAQ, Canada’s two
\nleading appraisal organizations, as well
\nas recent Canadian jurisprudence on the
\nmarket rental of parking rents. <\/p>\n
It is important to note that, while
\nPWGSC commissioned the project, the
\n\u201cGuideline is intended to outline best
\npractices for estimating the market rent <\/p>\n
GUIDELINE TO
\nESTIMATING THE MARKET <\/p>\n
RENT OF PARKING SPACES<\/p>\n
\u201cWhile independent, reliable estimates of market
\nparking rents are often associated with the calculation
\nof taxable benefits; the Guideline applies to any
\nsituation where such rents are to be estimated.\u201d<\/p>\n
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Rules of the AIC\u2019s Canadian Uniform
\nStandards of Professional Appraisal
\nPractice (CUSPAP) was appropriate for
\nthis type of assignment (as opposed to
\nthe Consulting Standard in CUSPAP).
\nThey also confirmed in their ruling that
\nfair market rent is the proper measure
\nfor calculating parking rents for taxable
\nbenefit purposes, and that the Direct
\nComparison Approach was the applicable
\nvaluation methodology.<\/p>\n
Beyond this case, surprisingly little
\nhas been written on this specific topic to
\nprovide guidance to practitioners. It is
\nthe hope that the Guideline will provide
\na reference point for definitions of
\ncommon terminology relating to parking.
\nIn addition, the Guideline provides
\nsuggestions on developing proper terms
\nof reference and best practices for
\ndeveloping reliable adjustments in the
\ncomparison process. The intent is to
\nassist both the competent appraiser and
\ntheir clients in setting clear objectives for
\nvaluing this unique property interest.<\/p>\n
The Guideline provides definitions
\nfor parking types and categories (open
\nand closed markets, campus or stand-
\nalone, and compound). The Open
\nMarket category, for example, relates
\nto neighbourhoods where parking is
\npublically available, typically with a
\nwide range of choice for the parking
\ncustomer. Closed Market parking, in
\ncontrast, is usually limited to a specific
\ntype of customer, such as the occupants
\nof an office complex. It is recognized
\nthat each category can include different
\ntypes of parking. <\/p>\n
PARKING TYPES
\nWhile not a definitive list, the following
\nexamples are provided to assist the
\npractitioner in defining the interest
\nbeing appraised.<\/p>\n
\ufffdUNRESERVED, RANDOM
\nOR RUSH PARKING
\nMonthly parking passes ensure parking
\nduring business hours is usually available,
\nbut not in an assigned space. This parking
\ntype is sometimes found in areas where
\nthere can be peak demand for parking
\nafter business hours, which is publically
\navailable on a metered basis. The appraiser <\/p>\n
should determine if the permit holders are
\nallowed access to parking after business
\nhours, as it can affect the price. This
\nparking type is sometimes referred to as
\n\u2018reserved but unassigned.\u2019<\/p>\n
\ufffdRESERVED PARKING
\nA specific parking space is reserved for the
\npermit holder, which can be on a 24-hour
\nbasis, or subject to reserved status only
\nduring business hours.<\/p>\n
\ufffdSCRAMBLE PARKING
\nEmployee parking is provided, but with
\nfar fewer spaces available than the overall
\ndemand \u2013 it is occupied on a first-come
\nfirst-served basis. On any given day, an
\nemployee may not find available parking.
\nThis type of parking is not usually
\nconsidered as a taxable benefit, according
\nto Canada Revenue Agency rules (see
\nAppendix D of the Guideline for the web
\nlink to the publication.<\/p>\n
\ufffdPREMIUM PARKING
\nWhile not a \u2018Type\u2019 per se, there can
\nbe premiums (or discounts) within a
\nparking structure or between parking
\nlots (in a campus setting) depending on
\nconvenience relative to key facilities such
\nas a specific building, building entrance
\nor elevator lobby. Sometimes, spaces are
\ndiscounted for being the most remote, or
\non the top floor of a parking garage, thus
\noffering less convenient access and more
\nexposure to the elements.<\/p>\n
\ufffdSURFACE PARKING
\nParking rents can vary within sub-
\ncategories, depending on the quality of the
\nparking lot and the parking experience\/
\nrentability. For example, even comparably
\nlocated surface parking lots may vary in
\nprice depending on the parking surface,
\ni.e., whether it is paved or not. The
\nresearch must be sufficient to determine
\nif pricing varies for these types of factors,
\nand adjust as necessary.<\/p>\n
While these descriptions are meant
\nto be illustrative, the key factor for
\nconsideration is that the type of parking
\ncan affect its market rent. So too can
\nparking services such as the availability
\nof electricity. The appraiser must <\/p>\n
investigate the comparables to ensure that
\ncomparisons are made of like to like. It
\nis the marketplace that determines if the
\ntype of parking affects rents within each
\nof the classifications described earlier and
\na supportable opinion requires a complete
\nunderstanding of the relationship between
\nparking categories, parking types and
\nparking rents.<\/p>\n
DEFINING THE
\nTERMS OF REFERENCE<\/p>\n
In addition to the advice directed at the
\nappraisal community, it is also hoped
\nthat the entities engaging appraisers
\nwill reference the Guideline. Terms
\nof Reference (TOR) can vary from
\nassignment to assignment, depending
\non the needs of the client, and subject
\nalways to the appraiser performing their
\nwork in accordance with their professional
\nobligations. TORs should include, but not
\nbe limited to, the following:<\/p>\n
\u2022 whether the \u2018Categories\u2019 of parking
\nunder study will be classified as
\ndefined in the Guideline, or whether
\nother definitions are to be applied
\nfor the specific assignment;<\/p>\n
\u2022 the specific Types of
\nparking under study;<\/p>\n
\u2022 the intended use of the market
\nparking study and the intended
\nuser(s) of the report;<\/p>\n
\u2022 whether rents are to be inclusive
\nof taxes, and\/or surcharges;<\/p>\n
\u2022 expectations or requirement for
\ninspection of the property;<\/p>\n
\u2022 expectations or requirements
\nto inspect comparables; and<\/p>\n
\u2022 extraordinary assumptions (if any)
\napplicable to the assignment.<\/p>\n
\ufffdSCOPE OF WORK
\nOnce agreement is reached on the TOR, it
\nis the appraiser’s responsibility to design the
\nproper scope of work to satisfy the client’s
\nintended use for the report, including but
\nnot limited to the following:<\/p>\n
\u2022 the degree to which the property is
\ninspected or identified; <\/p>\n
\u2022 the extent of research into physical
\nor economic factors that could affect
\nthe property; <\/p>\n
\u2022 a forecast of future changes in supply
\nand demand conditions;<\/p>\n
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\u2022 the extent of data research,
\nincluding inspection of
\ncomparables; and <\/p>\n
\u2022 the type and extent of analysis
\napplied to arrive at opinions
\nor conclusions. <\/p>\n
\ufffdAPPRAISAL REPORTING
\nAppraisal reporting requirements
\nvary between organizations, and
\npractitioners have an obligation to
\nperform their services in accordance
\nwith their standards of practice.
\nImportant minimum compliance
\nrequirements for this specific type of
\nassignment include:<\/p>\n
\u2022 indicating the intended use of the
\nreport, and the intended user(s);<\/p>\n
\u2022 stating the purpose or
\ngoal of the report;<\/p>\n
\u2022 indicating the effective date of
\nthe opinions and conclusions;<\/p>\n
\u2022 providing an appropriate definition
\nof the value to be determined;<\/p>\n
\u2022 indicating the date of the report;
\n\u2022 indicating the date of inspection;
\n\u2022 describing the scope of work;
\n\u2022 identifying and describing <\/p>\n
the real property (immovable)
\nin accordance with TOR;<\/p>\n
\u2022 considering highest and best use,
\nwhen relevant to the assignment;<\/p>\n
\u2022 summarizing details and analysis of
\nall data relevant to the assignment;<\/p>\n
\u2022 employing appraisal
\nprocedures relevant to
\nthe assignment;<\/p>\n
\u2022 detailing the reasoning
\nsupporting the analyses,
\nopinions and conclusions;<\/p>\n
\u2022 analyzing the effect on
\nvalue, if any comparables
\nare held under lease;<\/p>\n
\u2022 reviewing and reconciling the
\ndata, analyses and conclusions;<\/p>\n
\u2022 providing a final value
\nestimate stating the parking
\ncategory and type;<\/p>\n
\u2022 including a statement
\nof Limiting Conditions
\nor Reservations and
\nBasic Assumptions;<\/p>\n
\u2022 describing any extraordinary
\nassumptions, reservations,
\nor hypothetical conditions;<\/p>\n
\u2022 including a signed certification
\nof the report; and<\/p>\n
\u2022 including such visual
\naids as appropriate.<\/p>\n
(Note: This could be a TOR
\nissue for the client, if, for
\nexample, photographs of the
\nparking comparables were
\nimportant. At a minimum, a
\nmap outlining the extent of the
\nstudy area is recommended,
\nshowing the location of the
\nsubject and comparables. <\/p>\n
\ufffdAPPRAISAL ANALYSIS
\nThe professional standards governing
\nappraisal analysis and reporting
\nrequirements are similar in their
\nintent. For this specific type of
\nassignment:<\/p>\n
1. The opinion development
\nprocess should begin with
\na determination of whether
\nparking for a specific property
\nfalls within one of the defined
\ncategories, or whether a \u2018Non-
\nMarket\u2019 finding is appropriate.<\/p>\n
2. The second step would outline,
\nwith supporting rationale,
\nthe delineation of the market
\narea suitable for selection of
\ncomparables. This can vary
\ndepending on the category
\nof parking under study \u2013 as
\nindicated by the Federal
\nCourt, the supply and demand
\nconditions must be shown to
\nbe similar if comparables are
\nlocated outside of the subject
\nneighbourhood.<\/p>\n
3. Collection of data for
\ncomparative purposes must
\nbe sufficient to support the
\nconclusions. Research must
\nbe sufficient to determine the
\neffects of parking types on rents
\nas a foundation of making the
\nrequired adjustments.<\/p>\n
\u201cClient groups that have requisitioned
\nmarket parking studies have
\nindicated that the quality of report
\nthey receive has varied widely. The
\nmost common criticism is the lack
\nof meaningful analysis, or adequate
\nsupport for adjustments.\u201d<\/p>\n
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\nTABLE OF CONTENTS<\/p>\n
4. While three or more comparables
\nare preferred, a minimum of two
\ncomparables must be presented,
\nwith no limit on the maximum (the
\nemphasis should be on the quality of
\nthe data, not the quantity).<\/p>\n
5. Adjustment support, through direct
\nexamination of the comparable
\ndata set, or through appropriate
\nbenchmarking techniques should be
\npresented and thoroughly explained.<\/p>\n
The appraisal analysis should lead a
\nreader of the report through a logical
\nsequence to the concluded findings.
\nDiscussion with client groups that have
\nrequisitioned market parking studies
\nhave indicated that the quality of
\nreport they receive has varied widely.
\nThe most common criticism is the lack
\nof meaningful analysis, or adequate
\nsupport for adjustments. <\/p>\n
CONCLUSION
\nAdherence to generally recognized
\nstandards of professional appraisal
\npractice goes part way towards
\nconsistent and meaningful
\nreporting in a specialized area of
\npractice, such as market parking
\nstudies. However, an axiom of our
\nprofessional obligations is that
\nsubstantive content determines the
\nquality of an appraisal report, not
\nthe length of it, nor necessarily the
\nform it takes. Minimum content
\nrequirements are important for
\ncompliance issues; however,
\nthe value of an opinion lies in
\nadequate and thorough research
\nproperly presented and analyzed
\nin a manner that reflects market
\nbehaviour. <\/p>\n
A complete copy of the Guideline to
\nEstimating the Market Rent of Parking
\nSpaces can be downloaded from the
\nAIC website at http:\/\/www.aicanada.ca\/
\nindustry-resources\/consumer-guides\/. <\/p>\n
END NOTE
\n1 Guideline to Estimating the Market <\/p>\n
Rent of Parking Spaces, AIC\u2010 OEAQ,
\nMarch 1, 2014. <\/p>\n
\u201cThe value of an opinion lies
\nin adequate and thorough
\nresearch properly presented
\nand analyzed in a manner that
\nreflects market behaviour.\u201d<\/p>\n
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\nTABLE OF CONTENTS<\/p>\n
Certain conditions apply. Auto insurance is not available in Manitoba,
\nSaskatchewan or British Columbia due to government-run plans.<\/p>\n
Start saving
\nthepersonal.com\/aicanada<\/p>\n
1-888-476-8737<\/p>\n
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\nlapersonnelle.com\/aicanada<\/p>\n
1 888 476-8737
\nCertaines conditions s\u2019appliquent. L\u2019assurance automobile n\u2019est pas offerte
\nau Manitoba, en Saskatchewan ni en Colombie-Britannique o\u00f9 il existe des <\/p>\n
r\u00e9gimes d\u2019assurance gouvernementaux. <\/p>\n
Exclusive
\ngroup rates<\/p>\n
More ways
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Tarifs de
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pour vos assurances
\nauto et habitation<\/p>\n
http:\/\/www.aicanada.ca\/industry-resources\/consumer-guides\/
\nthepersonal.com\/aicanada
\nlapersonnelle.com\/aicanada<\/p>\n
LIGNE DIRECTRICE
\nSUR L\u2019ESTIMATION DES <\/p>\n
LOYERS MARCHANDS DES
\nESPACES DE STATIONNEMENT<\/p>\n
L
\n\u2019 Institut canadien des \u00e9valuateurs
\n(ICE), en collaboration avec
\nl\u2019Ordre des \u00e9valuateurs agr\u00e9\u00e9s
\ndu Qu\u00e9bec (OEAQ), et avec <\/p>\n
l\u2019appui de Travaux publics et Services
\ngouvernementaux Canada (TPSGC), a
\nr\u00e9cemment r\u00e9dig\u00e9 une ligne directrice sur
\nl\u2019estimation des loyers marchands des
\nespaces de stationnement. <\/p>\n
\u00c0 la demande de TPSGC, la ligne
\ndirectrice a \u00e9t\u00e9 pr\u00e9par\u00e9e en vue d\u2019aider
\nles \u00e9valuateurs immobiliers qui leur
\nfont parvenir directement des rapports
\nsur les loyers de stationnement.
\nMais ce n\u2019est pas tout. Le but est <\/p>\n
d\u2019accro\u00eetre l\u2019uniformit\u00e9 des rapports
\nd\u2019\u00e9valuation dans l\u2019ensemble du pays,
\nde veiller \u00e0 ce que les conclusions
\n\u00e0 l\u2019\u00e9gard des loyers marchands des
\nespaces de stationnement soient
\nobjectives et bien \u00e9tay\u00e9es, et d\u2019offrir
\nune orientation aux praticiens de
\nl\u2019ensemble de l\u2019industrie. Elle tient
\ncompte \u00e9galement des normes de
\npratique professionnelle de l\u2019ICE et
\nde l\u2019OEAQ, les deux plus importants
\norganismes d\u2019\u00e9valuation au Canada, et
\nde la jurisprudence r\u00e9cente canadienne
\nrelative aux loyers marchands des
\nespaces de stationnement.<\/p>\n
Il est important de noter que m\u00eame si
\nTPSGC a parrain\u00e9 le projet, la \u00ab\u00a0ligne direc-
\ntrice vise \u00e0 \u00e9tablir des pratiques exemplaires
\nen mati\u00e8re d\u2019estimation des loyers marchands
\ndes espaces de stationnement. Les estima-
\ntions ind\u00e9pendantes et fiables des loyers
\nmarchands des espaces de stationnement sont
\nsouvent li\u00e9es au calcul d\u2019avantages impos-
\nables; la ligne directrice s\u2019applique \u00e0 toute
\nsituation pour laquelle ces loyers doivent \u00eatre
\nestim\u00e9s.\u00a0\u00bb1 Publi\u00e9e le 1er mars 2014, la ligne
\ndirectrice sera mise \u00e0 jour au besoin, surtout
\nsi de nouveaux types de stationnement sont
\nconstruits ou s\u2019il y a une nouvelle \u00e9volution
\nde la jurisprudence.<\/p>\n
D. ALLAN BEATTY, AACI, P.APP, FELLOW
\nAUTEUR DES LIGNES DIRECTRICES ET
\nB\u00c9N\u00c9VOLE DE L\u2019ICE, PR\u00c9SIDENT DU
\nSOUS-COMIT\u00c9 D\u2019APPEL<\/p>\n
Canadian Property Valuation | \u00c9valuation Immobili\u00e8re au Canada | Volume 58 | Book 2 \/ Tome 2 | 201424 Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
\u00ab Les estimations ind\u00e9pendantes et fiables des loyers
\nmarchands des espaces de stationnement sont souvent
\nli\u00e9es au calcul d\u2019avantages imposables. Toutefois, la
\npr\u00e9sente ligne directrice s\u2019applique \u00e0 toute situation
\npour laquelle ces loyers doivent \u00eatre estim\u00e9s. \u00bb<\/p>\n
Ce qui est int\u00e9ressant est le r\u00e9cent
\njugement de la Cour d\u2019appel f\u00e9d\u00e9rale
\ndu Canada et de la Cour canadienne de
\nl\u2019imp\u00f4t qui ont reconnu que l\u2019application
\ndes r\u00e8gles relatives aux activit\u00e9s
\nd\u2019\u00e9valuation des Normes uniformes
\nde pratique professionnelle en mati\u00e8re
\nd\u2019 \u00e9valuation au Canada (NUPPEC)
\nde l\u2019ICE \u00e9tait pertinente pour ce type
\nd\u2019exercice (contrairement \u00e0 la norme
\nrelative aux activit\u00e9s de consultation des
\nNUPPEC). Elles ont \u00e9galement confirm\u00e9
\ndans leur jugement qu\u2019un loyer marchand
\njuste s\u2019av\u00e8re la mesure ad\u00e9quate pour
\nestimer les loyers marchands d\u2019espaces
\nde stationnement aux fins d\u2019avantages
\nimposables, et que la m\u00e9thode de
\ncomparaison directe \u00e9tait la m\u00e9thodologie
\nd\u2019\u00e9valuation applicable.<\/p>\n
Au-del\u00e0 de ce cas, \u00e9tonnamment tr\u00e8s
\npeu d’information a \u00e9t\u00e9 publi\u00e9e \u00e0 ce
\nsujet pour orienter les praticiens. Nous
\nesp\u00e9rons que la ligne directrice servira
\nde point de r\u00e9f\u00e9rence aux d\u00e9finitions
\nde vocabulaire commun concernant
\nle stationnement. En outre, la ligne
\ndirectrice offre des suggestions quant \u00e0
\nl\u2019\u00e9laboration d\u2019un cadre de r\u00e9f\u00e9rence et de
\npratiques exemplaires convenables afin de
\nd\u00e9velopper des rajustements fiables dans
\nla m\u00e9thode de comparaison. Le but est
\nd\u2019aider \u00e0 la fois l\u2019\u00e9valuateur comp\u00e9tent
\net ses clients \u00e0 d\u00e9finir des objectifs pr\u00e9cis
\nafin d\u2019\u00e9valuer cet int\u00e9r\u00eat immobilier \u00e0
\ncaract\u00e8re unique.<\/p>\n
La ligne directrice d\u00e9finit les types et
\nles cat\u00e9gories de stationnement (march\u00e9
\nouvert et ferm\u00e9, campus ou autonome, et
\nenceinte). La cat\u00e9gorie de march\u00e9 ouvert,
\npar exemple, fait r\u00e9f\u00e9rence aux quartiers
\noffrant un stationnement public,
\nhabituellement avec un large \u00e9ventail de
\nchoix pour l\u2019utilisateur du stationnement.
\nEn revanche, le stationnement de march\u00e9
\nferm\u00e9 est g\u00e9n\u00e9ralement limit\u00e9 \u00e0 un type
\nsp\u00e9cifique de client, tel que les occupants
\nd\u2019un immeuble de bureaux. Il est entendu
\nque chaque cat\u00e9gorie peut comprendre
\ndiff\u00e9rents types de stationnement.<\/p>\n
TYPES DE STATIONNEMENT
\nM\u00eame s\u2019ils ne constituent pas une liste
\ncompl\u00e8te, les exemples suivants sont
\nfournis afin d\u2019aider le praticien \u00e0 d\u00e9finir
\nl\u2019int\u00e9r\u00eat faisant l\u2019objet d\u2019une \u00e9valuation. <\/p>\n
\ufffdSTATIONNEMENT NON R\u00c9SERV\u00c9, AL\u00c9ATOIRE
\nOU PENDANT LES HEURES DE POINTE
\nLes permis de stationnement mensuels
\nassurent au d\u00e9tenteur qu\u2019une place
\nde stationnement sera normalement
\ndisponible pendant les heures de bureau,
\nmais pas dans un espace d\u00e9sign\u00e9.
\nOn peut trouver parfois ce type de
\nstationnement dans les r\u00e9gions o\u00f9 il
\npeut y avoir une forte demande de places
\nde stationnement apr\u00e8s les heures de
\nbureau et o\u00f9 il est possible, \u00e0 l\u2019aide d\u2019un
\nhorodateur, d\u2019utiliser ces espaces apr\u00e8s les
\nheures d\u2019ouverture. L\u2019\u00e9valuateur devrait
\nd\u00e9terminer si les d\u00e9tenteurs de permis
\nont le droit d\u2019acc\u00e9der au stationnement
\napr\u00e8s les heures de bureau puisque cela
\npourrait faire varier le prix du permis. Ce
\ntype de stationnement peut \u00eatre parfois
\ncommun\u00e9ment appel\u00e9 stationnement
\n\u00ab\u00a0r\u00e9serv\u00e9, mais non d\u00e9sign\u00e9\u00a0\u00bb.<\/p>\n
\ufffdSTATIONNEMENT R\u00c9SERV\u00c9
\nUne place de stationnement sp\u00e9cifique
\nest r\u00e9serv\u00e9e au d\u00e9tenteur de permis;
\nelle peut lui \u00eatre r\u00e9serv\u00e9e en tout
\ntemps ou uniquement pendant les
\nheures de bureau.<\/p>\n
\ufffdSTATIONNEMENT
\nSANS PLACE GARANTIE
\nDes places de stationnement sont
\nr\u00e9serv\u00e9es aux employ\u00e9s, mais le nombre
\nd\u2019espaces disponibles est inf\u00e9rieur \u00e0
\ncelui de la demande globale; les places
\nsont donc attribu\u00e9es selon le principe du
\npremier arriv\u00e9, premier servi. Certains
\njours, il est possible qu\u2019un employ\u00e9 ne
\ntrouve aucune place de stationnement.
\nHabituellement, ce type de stationnement
\nn\u2019est pas consid\u00e9r\u00e9 comme un avantage
\nimposable, selon les r\u00e8gles \u00e9tablies <\/p>\n
par l\u2019Agence du revenu du Canada
\n(se reporter \u00e0 l\u2019Annexe D de la ligne
\ndirectrice pour le lien du guide).<\/p>\n
\ufffdSTATIONNEMENT PRIVIL\u00c9GI\u00c9
\nBien qu\u2019elles ne constituent pas un
\n\u00ab\u00a0type\u00a0\u00bb de stationnement en soi, des
\nprimes (ou rabais) peuvent \u00eatre accord\u00e9s
\ndans un parc de stationnement \u00ab\u00a0\u00e9tag\u00e9\u00a0\u00bb
\nou entre des parcs de stationnement (de
\ntype campus), selon l\u2019acc\u00e8s \u00e0 des places
\nde stationnement tel qu\u2019un \u00e9difice en
\nparticulier, l\u2019entr\u00e9e d\u2019un immeuble ou
\nle hall d\u2019entr\u00e9e des ascenseurs. Parfois,
\ndes rabais sont accord\u00e9s pour les places
\nde stationnement les plus \u00e9loign\u00e9es ou
\nsitu\u00e9es \u00e0 l\u2019\u00e9tage sup\u00e9rieur du parc de
\nstationnement du fait qu\u2019elles offrent un
\nacc\u00e8s moins facile et sont plus expos\u00e9es
\naux \u00e9l\u00e9ments.<\/p>\n
\ufffdSTATIONNEMENT EN SURFACE
\nLes loyers de stationnement peuvent
\nvarier dans les sous-cat\u00e9gories, selon
\nla qualit\u00e9 de l\u2019espace ainsi que son
\nhistorique de location. Par exemple,
\nles loyers de stationnement peuvent
\nvarier m\u00eame pour des places de
\nstationnement en surface situ\u00e9es dans
\ndes parcs comparables, en fonction du
\nrev\u00eatement du stationnement (asphalt\u00e9
\nou non). Des \u00e9tudes relatives aux loyers
\ndoivent d\u00e9terminer si les prix doivent
\nvarier selon ces types de facteurs et \u00eatre
\ncorrig\u00e9s au besoin.<\/p>\n
Bien que les explications ci-dessus
\nsoient fournies \u00e0 titre d\u2019exemple, le
\nfacteur cl\u00e9 \u00e0 prendre en compte est que
\nle type de stationnement peut faire
\nvarier son loyer marchand. Les services
\nde stationnement peuvent en faire
\nautant comme l\u2019approvisionnement en
\n\u00e9lectricit\u00e9. L\u2019\u00e9valuateur doit examiner
\nles biens comparables pour s\u2019assurer
\nque ceux qui ont le plus de similitudes
\nsont compar\u00e9s entre eux. C\u2019est le
\nmarch\u00e9 qui d\u00e9termine si le type de
\nstationnement influe sur les loyers <\/p>\n
\u00ab Le but est d\u2019aider \u00e0 la fois l\u2019\u00e9valuateur comp\u00e9tent et ses clients \u00e0 d\u00e9finir des
\nobjectifs pr\u00e9cis afin d\u2019\u00e9valuer cet int\u00e9r\u00eat immobilier \u00e0 caract\u00e8re unique. \u00bb<\/p>\n
Volume 58 | Book 2 \/ Tome 2 | 2014 | \u00c9valuation Immobili\u00e8re au Canada | Canadian Property Valuation 25Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
\u00e9tablis pour chacune des cat\u00e9gories
\nd\u00e9crites ci-dessus, et il est n\u00e9cessaire de
\ncomprendre parfaitement le lien entre
\nles cat\u00e9gories de stationnement, les
\ntypes de stationnement et les loyers de
\nstationnement pour \u00eatre en mesure de
\nformuler une opinion motiv\u00e9e.<\/p>\n
D\u00c9FINIR LE CADRE DE R\u00c9F\u00c9RENCE
\nEn plus de conseils destin\u00e9s \u00e0 la
\ncollectivit\u00e9 des \u00e9valuateurs, on esp\u00e8re
\naussi que les entit\u00e9s qui engagent des
\n\u00e9valuateurs feront r\u00e9f\u00e9rence \u00e0 la ligne
\ndirectrice. Le cadre de r\u00e9f\u00e9rence (CDR)
\npeut varier d\u2019un mandat \u00e0 l\u2019autre, en
\nfonction des besoins du client, et il n\u2019est
\nvalable que si l\u2019\u00e9valuateur accomplit son
\ntravail conform\u00e9ment \u00e0 ses obligations
\nprofessionnelles. Le cadre de r\u00e9f\u00e9rence
\ndevrait notamment, mais sans \u00eatre
\nrestreint \u00e0 :<\/p>\n
\u2022 indiquer si les cat\u00e9gories de
\nstationnement faisant l\u2019objet
\nde l\u2019\u00e9tude seront class\u00e9es selon
\nles d\u00e9finitions \u00e9tablies dans la
\npr\u00e9sente ligne directrice, ou si
\nd\u2019autres d\u00e9finitions seront utilis\u00e9es
\ndans le cadre de l\u2019exercice vis\u00e9;<\/p>\n
\u2022 pr\u00e9ciser les types de stationnement
\nfaisant l\u2019objet de l\u2019\u00e9tude;<\/p>\n
\u2022 indiquer l\u2019utilisation pr\u00e9vue de
\nl\u2019\u00e9tude de march\u00e9 relative au <\/p>\n
stationnement et l\u2019utilisateur
\npr\u00e9vu du rapport;<\/p>\n
\u2022 indiquer si les loyers comprennent
\nles taxes et les frais additionnels;<\/p>\n
\u2022 \u00e9tablir les attentes ou les exigences
\nrelatives \u00e0 l\u2019inspection du bien;<\/p>\n
\u2022 \u00e9tablir les attentes ou les
\nexigences relatives \u00e0 l\u2019inspection
\ndes biens comparables;<\/p>\n
\u2022 formuler les hypoth\u00e8ses
\nextraordinaires (le cas \u00e9ch\u00e9ant)
\nqui s\u2019appliquent \u00e0 l\u2019exercice.<\/p>\n
\ufffdPORT\u00c9E (\u00c9TENDUE) DES TRAVAUX
\nLorsqu\u2019une entente a \u00e9t\u00e9 conclue avec
\nun client, relativement au cadre de
\nr\u00e9f\u00e9rence, il incombe \u00e0 l\u2019\u00e9valuateur
\nde d\u00e9terminer la port\u00e9e du travail
\n\u00e0 effectuer afin de r\u00e9pondre \u00e0
\nl\u2019utilisation pr\u00e9vue du rapport du
\nclient, notamment : <\/p>\n
\u2022 le niveau de pr\u00e9cision pour lequel le
\nbien est inspect\u00e9 ou d\u00e9crit; <\/p>\n
\u2022 l\u2019\u00e9tendue de la recherche de facteurs
\nphysiques ou \u00e9conomiques pouvant
\navoir des r\u00e9percussions sur le bien; <\/p>\n
\u2022 les pr\u00e9visions relatives aux change-
\nments \u00e0 venir quant aux conditions
\nde l\u2019offre et de la demande;<\/p>\n
\u2022 l\u2019\u00e9tendue de la recherche de
\ndonn\u00e9es, y compris l\u2019examen des
\nbiens comparables; et<\/p>\n
\u2022 le type et l\u2019\u00e9tendue de l\u2019analyse
\nr\u00e9alis\u00e9e pour formuler des opinions
\nou d\u00e9gager des conclusions.<\/p>\n
\ufffdPRODUCTION DE
\nRAPPORTS D\u2019\u00c9VALUATION
\nLes exigences relatives \u00e0 la produc-
\ntion de rapports d\u2019\u00e9valuation varient
\nd\u2019une organisation \u00e0 l\u2019autre et les sp\u00e9-
\ncialistes ont l\u2019obligation de fournir
\ndes services conform\u00e9ment \u00e0 leurs
\nnormes de pratique. Les exigences
\nminimales importantes en mati\u00e8re de
\nconformit\u00e9 pour ce type d\u2019exercice
\nsp\u00e9cifique comprennent ce qui suit :<\/p>\n
\u2022 indiquer l\u2019usage pr\u00e9vu du rapport,
\nainsi que les utilisateurs;<\/p>\n
\u2022 indiquer l\u2019objectif ou
\nle but du rapport;<\/p>\n
\u2022 indiquer la date r\u00e9elle des
\nopinions et conclusions; <\/p>\n
\u2022 fournir une d\u00e9finition appropri\u00e9e
\nde la valeur \u00e0 estimer;<\/p>\n
\u2022 indiquer la date du rapport;
\n\u2022 indiquer la date de l\u2019inspection;
\n\u2022 d\u00e9crire la port\u00e9e des travaux;
\n\u2022 identifier et d\u00e9crire le bien <\/p>\n
immobilier conform\u00e9ment au CDR;
\n\u2022 tenir compte de l\u2019usage <\/p>\n
optimal et le plus profitable,
\nlorsque celui-ci est pertinent
\ndans le cadre du mandat;<\/p>\n
\u00ab C\u2019est le march\u00e9 qui d\u00e9termine si le type
\nde stationnement influe sur les loyers <\/p>\n
\u00e9tablis pour chacune des cat\u00e9gories
\nd\u00e9crites ci-dessus, et il est n\u00e9cessaire <\/p>\n
de comprendre parfaitement le lien entre
\nles cat\u00e9gories de stationnement, les
\ntypes de stationnement et les loyers <\/p>\n
de stationnement pour \u00eatre en mesure
\nde formuler une opinion motiv\u00e9e. \u00bb<\/p>\n
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\nTABLE OF CONTENTS<\/p>\n
\u2022 r\u00e9sumer les d\u00e9tails et l\u2019analyse
\nde toutes les donn\u00e9es se
\nrapportant au mandat;<\/p>\n
\u2022 utiliser les m\u00e9thodes
\nd\u2019\u00e9valuation se rapportant
\nau mandat;<\/p>\n
\u2022 expliquer le raisonnement sur
\nlequel reposent les analyses, les
\nopinions et les conclusions;<\/p>\n
\u2022 analyser l\u2019incidence sur la valeur
\ndu bien, si des biens comparables
\nsont d\u00e9tenus en vertu d\u2019un bail;<\/p>\n
\u2022 examiner et r\u00e9concilier
\nles donn\u00e9es, les analyses
\net les conclusions;<\/p>\n
\u2022 fournir une estimation finale de
\nla valeur qui indique la cat\u00e9gorie
\net le type de stationnement;<\/p>\n
\u2022 fournir un \u00e9nonc\u00e9 des conditions
\nou r\u00e9serves limitatives et
\ndes hypoth\u00e8ses de base;<\/p>\n
\u2022 d\u00e9crire toutes les hypoth\u00e8ses
\nextraordinaires, r\u00e9serves ou
\nconditions hypoth\u00e9tiques;<\/p>\n
\u2022 fournir une attestation
\nsign\u00e9e du rapport;<\/p>\n
\u2022 fournir le mat\u00e9riel ou
\nsupport visuels appropri\u00e9s.<\/p>\n
(Note : cette question pourrait
\nfaire partie du cadre de r\u00e9f\u00e9rence si,
\npar exemple, le client accordait de
\nl\u2019importance aux photographies des
\nparcs de stationnement comparables.
\nAu minimum, une carte d\u00e9crivant
\nl\u2019\u00e9tendue de la r\u00e9gion \u00e9tudi\u00e9e est
\nrecommand\u00e9e afin de d\u00e9montrer
\nl\u2019emplacement du bien vis\u00e9 et des
\nbiens comparables.) <\/p>\n
\ufffdPROCESSUS D\u2019\u00c9VALUATION
\nLes normes de pratique
\nprofessionnelle qui r\u00e9gissent le
\nprocessus d\u2019\u00e9valuation et les
\nexigences relatives \u00e0 la r\u00e9daction
\nde rapports ont des objectifs
\nsimilaires. En ce qui concerne ce
\ntype d\u2019exercice en particulier :<\/p>\n
1. On devrait commencer le
\nprocessus li\u00e9 \u00e0 la formulation
\nd\u2019une opinion en d\u00e9terminant
\nsi le stationnement associ\u00e9 \u00e0 un
\nbien pr\u00e9cis est vis\u00e9 par l\u2019une des
\ncat\u00e9gories d\u00e9finies, ou s\u2019il est
\nappropri\u00e9 de conclure qu\u2019il est
\nface \u00e0 une \u00ab\u00a0absence de march\u00e9\u00a0\u00bb.<\/p>\n
2. La deuxi\u00e8me \u00e9tape consisterait
\n\u00e0 donner un aper\u00e7u, y compris
\nune justification \u00e0 l\u2019appui, des
\nlimites de la zone de march\u00e9 qui
\nconvient pour s\u00e9lectionner les
\nbiens comparables. Cette zone
\npeut varier selon la cat\u00e9gorie de
\nstationnement faisant l\u2019objet de
\nl\u2019\u00e9tude; comme l\u2019a indiqu\u00e9 la Cour
\nf\u00e9d\u00e9rale, il doit \u00eatre d\u00e9montr\u00e9
\nque les conditions de l\u2019offre et de
\nla demande sont similaires si les
\nbiens comparables sont situ\u00e9s en
\ndehors du quartier vis\u00e9.<\/p>\n
3. Les donn\u00e9es recueillies aux
\nfins de comparaison doivent
\n\u00eatre en quantit\u00e9 suffisante
\npour \u00e9tayer les conclusions. La
\nrecherche devrait permettre
\nde d\u00e9terminer l\u2019incidence des
\ntypes de stationnement sur les
\nloyers et servir de fondement
\npour que soient apport\u00e9s les
\nrajustements requis.<\/p>\n
4. Bien que trois biens
\ncomparables ou plus sont
\nsouhaitables, au minimum,
\ndeux biens comparables
\ndoivent \u00eatre pr\u00e9sent\u00e9s, et
\naucune limite ne devrait \u00eatre
\nimpos\u00e9e (l\u2019accent devrait \u00eatre
\nmis sur la qualit\u00e9 des donn\u00e9es
\nplut\u00f4t que sur la quantit\u00e9).<\/p>\n
5. Un soutien aux rajustements,
\nfourni par l\u2019interm\u00e9diaire d\u2019un
\nexamen direct de l\u2019ensemble
\ndes donn\u00e9es li\u00e9es aux biens
\ncomparables ou de techniques
\nd\u2019analyse comparative
\nappropri\u00e9es, devrait \u00eatre pr\u00e9sent\u00e9
\net expliqu\u00e9 en d\u00e9tail.<\/p>\n
Le processus d\u2019\u00e9valuation devrait
\npermettre au lecteur du rapport
\nd\u2019obtenir, en lisant un texte r\u00e9dig\u00e9
\ndans un ordre logique, les conclusions
\n\u00e9tablies. Lors d\u2019une discussion, des
\ngroupes de clients ayant demand\u00e9
\ndes \u00e9tudes de march\u00e9 relatives au
\nstationnement ont r\u00e9v\u00e9l\u00e9 que la
\nqualit\u00e9 des rapports qu\u2019ils recevaient
\nvariait beaucoup. La critique la
\nplus courante concerne le manque
\nd\u2019analyse significative ou de soutien
\nad\u00e9quat afin que des rajustements
\nsoient apport\u00e9s. <\/p>\n
CONCLUSION
\nLe respect et la conformit\u00e9 aux
\nnormes de pratique professionnelle
\nen mati\u00e8re d\u2019\u00e9valuation contribue
\nen partie \u00e0 l\u2019\u00e9tablissement de
\nrapports uniformes et significatifs
\ndans un domaine d\u2019exercice
\nsp\u00e9cialis\u00e9, notamment les \u00e9tudes de
\nmarch\u00e9 relatives au stationnement.
\nCependant, selon un axiome de
\nnormes reconnues, la qualit\u00e9 d\u2019un
\nrapport d\u2019\u00e9valuation est d\u00e9termin\u00e9e
\npar l\u2019exhaustivit\u00e9 de son contenu et
\nnon par la quantit\u00e9 de renseignements
\nqu\u2019il contient ou par son format.
\nBien qu\u2019il importe de respecter les
\nexigences minimales relativement au
\ncontenu pour \u00e9viter tout probl\u00e8me de
\nconformit\u00e9, une opinion est valable
\nlorsqu\u2019elle repose sur des recherches
\npertinentes et approfondies, bien
\npr\u00e9sent\u00e9es et analys\u00e9es de fa\u00e7on \u00e0
\nrefl\u00e9ter la conjoncture du march\u00e9. <\/p>\n
Une copie int\u00e9grale de la Ligne
\ndirectrice sur l\u2019estimation des loyers
\nmarchands des espaces de stationnement
\npeut \u00eatre t\u00e9l\u00e9charg\u00e9e \u00e0 partir du site
\nWeb de l\u2019ICE au http:\/\/www.aicanada.
\nca\/fr\/industry-resources\/consumer-guides\/<\/p>\n
NOTE
\n1 Ligne directrice sur l\u2019estimation <\/p>\n
des loyers marchands des espaces de
\nstationnement, ICE- OEAQ
\n1er mars 2014 <\/p>\n
\u00ab Une opinion est valable
\nlorsqu\u2019elle repose sur des <\/p>\n
recherches pertinentes
\net approfondies, bien <\/p>\n
pr\u00e9sent\u00e9es et analys\u00e9es
\nde fa\u00e7on \u00e0 refl\u00e9ter la <\/p>\n
conjoncture du march\u00e9. \u00bb<\/p>\n
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\nTABLE OF CONTENTS<\/p>\n
https:\/\/www.aicanada.ca\/fr\/industry-resources\/consumer-guides\/<\/p>\n
PROFESSIONAL PRACTICE MATTERS<\/p>\n
CUSPAP:
\nSETTING THE STANDARD<\/p>\n
B Y N A T H A L I E R O Y – P A T E N A U D E , A A C I , P. A P P ,
\nDIRECTOR-COUNSEL LOR, PROF E S SION A L PR ACT ICE<\/p>\n
T he Appraisal Institute of Canada (AIC) released the biennial edition of the Canadian Uniform Standards of Professional
\nAppraisal Practice (CUSPAP 2014),
\nwhich came into effect April 1, 2014.
\nThe Standards respect the expanding
\nrole of the valuation professional within
\nCanada and internationally through
\nAIC\u2019s endorsement of the International
\nValuation Standards. AIC Members\u2019
\ncompliance to CUSPAP distinguishes
\nthem as professionals adhering to a
\nstringent set of Rules and Comments
\nrelating to ethics, as well as appraisal,
\nreview, consulting and Reserve Fund
\nPlanning assignments. <\/p>\n
Key changes to CUSPAP 2014
\ninclude enhanced Definitions (which
\nare compulsory), enhanced Practice
\nNotes (intended to offer advice, examples
\nand resolution; their application is
\nnot compulsory) and a fifth standard
\ndedicated to the practice of Reserve
\nFund Planning. CUSPAP has long
\nrecognized Reserve Fund Studies as a
\nconsulting activity. Until the release
\nof CUSPAP 2014, the CRA scope
\nof practice was limited to individual
\nundeveloped residential dwelling
\nsites and dwellings containing not
\nmore than four self-contained family
\nhousing units. New to CUSPAP 2014
\nis a standalone Reserve Fund Planning
\nStandard, with compulsory Rules and
\nComments and an expanded scope of
\npractice for CRA-Designated Members. <\/p>\n
When it comes to scope, Ethics
\nStandard Comment 5.5.5 is clear: <\/p>\n
\u201c5.5.5 CRA Members must use that
\ndesignation in connection with the
\nappraisal, review or consulting on
\nindividual undeveloped residential
\ndwelling sites and of dwellings containing
\nnot more than four (4) self-contained
\nfamily housing units. \u2026<\/p>\n
5.5.5.i. Exception is for reserve
\nfund planning assignments whereby
\ncompetent CRA Members can use the
\nCRA designation to undertake reserve
\nfund planning assignments on any
\nbuilding size.\u201d <\/p>\n
At the core of CUSPAP, and for any
\nprofessional service defined under
\nCUSPAP and recognized under AIC\u2019s
\nprofessional liability insurance program,
\nAIC Members are required to: <\/p>\n
(i) apply their practice in a manner that
\nis consistent with the \u2018Reasonable
\nAppraiser\u2019 standard \u2013 the test of
\nrecord in professional practice
\nmatters that has been referred to,
\neither directly or indirectly, in a
\nnumber of court decisions;<\/p>\n
(ii) have the competence to undertake
\nany assignment; and,<\/p>\n
(iii) comply with the applicable legislative
\nand\/or licensing requirements for
\nall types of professional services
\nassignments. In some jurisdictions,
\nlegislation may also limit the
\nqualifications of the practitioner and
\nAIC Members must be mindful that
\nlegislation supersedes CUSPAP.<\/p>\n
CUSPAP DEALS WITH
\nTHE PROCEDURES FOR <\/p>\n
THE DEVELOPMENT
\nAND COMMUNICATION <\/p>\n
OF FORMAL ANALYSES,
\nOPINIONS AND <\/p>\n
CONCLUSIONS, AND
\nINCORPORATES THE <\/p>\n
MINIMUM MANDATORY
\nCONTENT NECESSARY <\/p>\n
TO PRODUCE CREDIBLE
\nREPORTS THAT WILL
\nNOT BE MISLEADING.<\/p>\n
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PROFESSIONAL PRACTICE MATTERS<\/p>\n
CUSPAP deals with the
\nprocedures for the development and
\ncommunication of formal analyses,
\nopinions and conclusions, and
\nincorporates the minimum mandatory
\ncontent necessary to produce credible
\nreports that will not be misleading.<\/p>\n
At the core of any appraisal
\nassignment are the valuation
\nmethodologies and the requirement
\nfor the appraiser to comply with 25
\nAppraisal Standard Rules including: <\/p>\n
\u2022 6.2.15 describe and analyze all data
\nrelevant to the assignment; [see
\nAppraisal Standard Comment 7.16] <\/p>\n
\u2022 6.2.16 describe and apply the
\nappraisal procedures relevant to the
\nassignment and support the reason
\nfor the exclusion of any of the usual
\nvaluation procedures; [see Appraisal
\nStandard Comment 7.17] <\/p>\n
\u2022 6.2.17 detail the reasoning
\nsupporting the analyses, opinions
\nand conclusions of each valuation
\napproach. [see Appraisal Standard
\nComment 7.18] <\/p>\n
Complementary to those Rules and
\ncompulsory in application are the
\nrelevant Appraisal Standard Comments,
\nwhereby the appraiser must, among
\nother things, take reasonable steps
\nto ensure that the information and
\nanalyses provided are sufficient for
\nthe client and intended users to
\nadequately understand the rationale
\nfor the opinion and conclusions. These
\nthree rules have been identified as
\ncommon shortcomings in both form
\nand narrative reports, and are among
\nthe most sanctioned CUSPAP violations
\nunder the disciplinary process. In the
\nabsence of clear and comprehensive
\nanalyses and relevant comments, clients
\nand intended users can be left trying
\nto understand the author\u2019s rationale
\nand unable to make sound and well-
\ninformed decisions. It is about \u201ctelling
\nthe story.\u201d To quote the decision in
\nKokanee Mortgage MIC Ltd. v. Concord
\nAppraisals Ltd. 2000 BCSC [Kokanee]
\n1197 at para. 55: <\/p>\n
\u201c\u2026real estate appraisal is a matter of
\njudgement and not a precise science.
\nHowever\u2026a person relying on\u2026an
\nappraisal is\u2026entitled to expect that
\njudgement to be exercised within
\nacceptable standards of skill and
\nexpertise, and to be based on
\nrational assumptions.\u201d<\/p>\n
The acceptable standard is determined by
\nthe actions of peers and the expectations
\nof regular intended users and the industry
\nfor similar professional services; it is not
\nthe practitioner\u2019s personal interpretation or
\nfirm\u2019s practice. <\/p>\n
Reliability of a report and credibility
\nof its author lies in the author\u2019s ability to
\neffectively communicate to the reader,
\nclient and intended user his or her
\nthinking process and demonstrate his or
\nher competence through the application
\nof the appraisal procedures relevant to the
\nassignment. Members must stay abreast <\/p>\n
of the teachings and refer to the body
\nof knowledge to ensure their practice
\nremains fresh and within an acceptable
\nstandard of skill and expertise. <\/p>\n
While CUSPAP provides the
\nminimum ethical and practical
\nexpectations for any assignment, it is
\nintended to define principles that reflect
\nhigh standards of professionalism.
\nCompliance to CUSPAP is AIC\u2019s
\nand AIC Members\u2019 contract with the
\npublic we serve. It is what sets us apart,
\nnationally and internationally, and
\npositions us as professionals of choice.
\nCUSPAP 2014 can be downloaded from
\nAIC\u2019s website at http:\/\/www.aicanada.ca\/
\nprofessional-standards\/.<\/p>\n
Questions can be directed to Nathalie
\nRoy-Patenaude, AACI, P. App., AIC
\nDirector-Counsellor, Professional
\nPractice at directorprofessionalpractice@
\naicanada.ca. <\/p>\n
Volume 58 | Book 2 \/ Tome 2 | 2014 | \u00c9valuation Immobili\u00e8re au Canada | Canadian Property Valuation 29Click HERE to return to
\nTABLE OF CONTENTS<\/p>\n
Suite 101, 24 Inglewood Drive, St. Albert, AB T8N 6K4<\/p>\n
Principal: Jeremy Wasmuth, AACI, P. App., B. Comm<\/p>\n
Tel: (780) 424-8856 \u2022 Fax: (587) 290-2267
\nEmail: jwasmuth@crvg.com<\/p>\n
Email: jeremy.wasmuth@crvg.com<\/p>\n
President: John F. Wasmuth, AACI, P. App., P. Ag.<\/p>\n