{"id":30015,"date":"2014-03-24T18:33:54","date_gmt":"2014-03-24T22:33:54","guid":{"rendered":"https:\/\/www.aicanada.ca\/fr\/cpv-issue\/2014-volume-58-book-1\/"},"modified":"2014-03-24T18:34:54","modified_gmt":"2014-03-24T14:34:54","slug":"2014-volume-58-tome-1","status":"publish","type":"issue","link":"https:\/\/www.aicanada.ca\/fr\/cpv-issue\/2014-volume-58-tome-1\/","title":{"rendered":"2014 &#8211; Volume 58 &#8211; Tome 1"},"content":{"rendered":"<p>Real property<br \/>\nchallenges with Ottawa\u2019s  <\/p>\n<p>CONFEDERATION Line <\/p>\n<p>D\u00e9fis immobiliers<br \/>\nen lien avec Ligne de la <\/p>\n<p>CONF\u00c9D\u00c9RATION d&rsquo;Ottawa<\/p>\n<p>VOL 58 | BOOK 1 \/ TOME 1 | 2014<\/p>\n<p>PARTIAL TAKING EXPROPRIATION:<br \/>\nTHE REMAINDER <\/p>\n<p>Expropriation partielle : le r\u00e9sidu<\/p>\n<p>WHO IS AN OWNER?<br \/>\nQui est un propri\u00e9taire?<\/p>\n<p>INDIA\u2019S APPRAISAL PROFESSION<br \/>\nSTRUGGLES FOR RECOGNITION <\/p>\n<p>La profession d\u2019\u00e9valuateur en Inde<br \/>\na du mal \u00e0 se faire reconna\u00eetre<\/p>\n<p>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<br \/>\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<p>PM<br \/>\n #<\/p>\n<p>40<br \/>\n00<\/p>\n<p>82<br \/>\n49<\/p>\n<p> R<br \/>\net<\/p>\n<p>ur<br \/>\nn <\/p>\n<p>un<br \/>\nde<\/p>\n<p>liv<br \/>\ner<\/p>\n<p>ab<br \/>\nle<\/p>\n<p> C<br \/>\nan<\/p>\n<p>ad<br \/>\nia<\/p>\n<p>n<br \/>\nAd<\/p>\n<p>dr<br \/>\nes<\/p>\n<p>se<br \/>\ns <\/p>\n<p>to<br \/>\n:  <\/p>\n<p>Ap<br \/>\npr<\/p>\n<p>ai<br \/>\nsa<\/p>\n<p>l I<br \/>\nns<\/p>\n<p>tit<br \/>\nut<\/p>\n<p>e<br \/>\nof<\/p>\n<p> C<br \/>\nan<\/p>\n<p>ad<br \/>\na,<\/p>\n<p> 4<br \/>\n03<\/p>\n<p>-2<br \/>\n00<\/p>\n<p> C<br \/>\nat<\/p>\n<p>he<br \/>\nrin<\/p>\n<p>e<br \/>\nSt<\/p>\n<p>.,<br \/>\nO<\/p>\n<p>tt<br \/>\naw<\/p>\n<p>a,<br \/>\n O<\/p>\n<p>N<br \/>\nK2<\/p>\n<p>P<br \/>\n2K<\/p>\n<p>9.<br \/>\n E<\/p>\n<p>m<br \/>\nai<\/p>\n<p>l:<br \/>\nin<\/p>\n<p>fo<br \/>\n@<\/p>\n<p>ai<br \/>\nca<\/p>\n<p>na<br \/>\nda<\/p>\n<p>.c<br \/>\na<\/p>\n<p>mailto:info@aicanada.ca<br \/>\nmailto:info@aicanada.ca<br \/>\nmailto:info@aicanada.ca<\/p>\n<p>You must have a current support contract to download software updates. If your support<br \/>\nsubscription has lapsed, visit the My Account page on ACIweb.com or call Sales at 800-234-8727.<\/p>\n<p>ACI, a leading innovator and provider of software solutions in the valuation industry for thirty years, has brought advancements and<br \/>\ntechnical achievements to mortgage servicing that led to the complete automation of many paper-intensive reporting processes.<\/p>\n<p>Take advantage of the integration power<br \/>\nwithin ACI Report Pro to create accurate<br \/>\nand professional location maps. Powered<br \/>\nby Google Maps, ACI Sky\u2122 Maps will<br \/>\npinpoint your subject property and com-<br \/>\nparable sales with just a few mouse clicks.<\/p>\n<p>This enhanced service allows ACI<br \/>\nappraisers to create location maps<br \/>\nwith real-time panning, zooming, and<br \/>\nimproved editing in both road and <\/p>\n<p>satellite mode. Additionally, you can<br \/>\ncreate an aerial snapshot of the subject<br \/>\nproperty and save it to an extra map<br \/>\npage in a matter of seconds.<\/p>\n<p>If you already subscribe to our location<br \/>\nmap service, you can begin using ACI<br \/>\nSky Maps immediately. If you do not<br \/>\nuse our location map service currently,<br \/>\nplease contact sales at 800.234.8727<br \/>\nand we\u2019ll set you up with a free trial.<\/p>\n<p>www.aciweb.com<\/p>\n<p>You must have a current support contract to download software updates. If your support<br \/>\nsubscription has lapsed, visit the My Account page on ACIweb.com or call Sales at 800-234-8727.<\/p>\n<p>ACI, a leading innovator and provider of software solutions in the valuation industry for thirty years, has brought advancements and<br \/>\ntechnical achievements to mortgage servicing that led to the complete automation of many paper-intensive reporting processes.<\/p>\n<p>Take advantage of the integration power<br \/>\nwithin ACI Report Pro to create accurate<br \/>\nand professional location maps. Powered<br \/>\nby Google Maps, ACI Sky\u2122 Maps will<br \/>\npinpoint your subject property and com-<br \/>\nparable sales with just a few mouse clicks.<\/p>\n<p>This enhanced service allows ACI<br \/>\nappraisers to create location maps<br \/>\nwith real-time panning, zooming, and<br \/>\nimproved editing in both road and <\/p>\n<p>satellite mode. Additionally, you can<br \/>\ncreate an aerial snapshot of the subject<br \/>\nproperty and save it to an extra map<br \/>\npage in a matter of seconds.<\/p>\n<p>If you already subscribe to our location<br \/>\nmap service, you can begin using ACI<br \/>\nSky Maps immediately. If you do not<br \/>\nuse our location map service currently,<br \/>\nplease contact sales at 800.234.8727<br \/>\nand we\u2019ll set you up with a free trial.<\/p>\n<p>www.aciweb.com<\/p>\n<p>Accelerating success.<\/p>\n<p>With 502 offices in 62 countries, Colliers International<br \/>\nhas the global reach, massive resources, and market<br \/>\nleading technology and research to ensure our appraisers<br \/>\nhave the support they need to achieve their business and<br \/>\ncareer goals. With various positions open across Canada,<br \/>\nthere are several opportunities to join our growing team.<br \/>\nTo find out how you can accelerate your career with<br \/>\nColliers International, visit us online or send your resume<br \/>\ndirectly to vascanada@colliers.com.<\/p>\n<p>ACCELERATE<br \/>\nYOUR SUCCESS<\/p>\n<p>collierscanada.com\/careers<\/p>\n<p>Avec ses 502 bureaux r\u00e9partis dans 62 pays, Colliers<br \/>\nInternational jouit d\u2019une port\u00e9e globale, de ressources<br \/>\nabondantes, d\u2019une technologie de pointe et d\u2019\u00e9tudes<br \/>\nnovatrices sur lesquelles ses experts peuvent compter<br \/>\npour atteindre leurs objectifs professionnels. Des postes<br \/>\nvari\u00e9s \u00e9tant \u00e0 pourvoir \u00e0 travers le Canada, plusieurs<br \/>\nopportunit\u00e9s s\u2019offrent \u00e0 vous pour vous greffer \u00e0 notre<br \/>\n\u00e9quipe en pleine croissance. Pour d\u00e9couvrir comment<br \/>\nColliers International peut propulser votre carri\u00e8re,<br \/>\nvisitez notre site Web ou envoyez votre curriculum vitae<br \/>\ndirectement \u00e0 vascanada@colliers.com.<\/p>\n<p>ACC\u00c9L\u00c9RATEUR<br \/>\nDE R\u00c9USSITE<\/p>\n<p>collierscanada.com\/careers<\/p>\n<p>collierscanada.com\/careers<br \/>\nmailto:vascanada@colliers.com<br \/>\nmailto:vascanada@colliers.com<\/p>\n<p>08 Executive Corner<br \/>\nNEW INITIATIVES<br \/>\nSET STAGE FOR SUCCESS<\/p>\n<p>28 Economic Outlook<br \/>\nCANADIAN ECONOMY IN TRANSITION<\/p>\n<p>37 Marketing &#038; Communications<br \/>\n2013 MARKETING OUTCOMES \u2013<br \/>\nBY THE NUMBERS<\/p>\n<p>44 Professional Appraiser\u2019s Perspective<br \/>\nVARIETY AND STATE-OF-THE-<br \/>\nART INFORMATION TECHNOLOGY<br \/>\nMAKE THE ASSESSMENT FIELD AN<br \/>\nATTRACTIVE CAREER OPTION<\/p>\n<p>48 The Future is Bright<br \/>\nJILL ZWICK KNOWS THAT SUPPORT<br \/>\nIS CRITICAL TO SUCCESS<\/p>\n<p>62 DESIGNATIONS, CANDIDATES,<br \/>\nSTUDENTS<\/p>\n<p>10 Le coin de l&rsquo;ex\u00e9cutif<br \/>\nDE NOUVELLES INITIATIVES<br \/>\nPAVENT LA VOIE \u00c0 LA R\u00c9USSITE<\/p>\n<p>30 Perspectives \u00e9conomiques<br \/>\nL\u2019\u00c9CONOMIE DU CANADA EN TRANSITION<\/p>\n<p>37 Marketing et Communications<br \/>\nR\u00c9SULTATS DE NOTRE CAMPAGNE DE<br \/>\nMARKETING 2013 \u2013 EN CHIFFRES <\/p>\n<p>46 Le point de vue d\u2019un \u00e9valuateur professionnel<br \/>\nLA VARI\u00c9T\u00c9 ET LES TECHNOLOGIES<br \/>\nD\u2019INFORMATION FONT DU DOMAINE DE<br \/>\nL\u2019\u00c9VALUATION FONCI\u00c8RE UNE POSSIBILIT\u00c9<br \/>\nDE CARRI\u00c8RE INT\u00c9RESSANTE<\/p>\n<p>50 L\u2019avenir est prometteur<br \/>\nJILL ZWICK SAIT QUE LE SOUTIEN<br \/>\nEST ESSENTIEL \u00c0 LA R\u00c9USSITE<\/p>\n<p>62 D\u00c9SIGNATIONS, STAGIAIRES,<br \/>\n\u00c9TUDIANTS<\/p>\n<p>COLUMNS \/ CHRONIQUES<\/p>\n<p>FEATURES \/ EN VEDETTE<\/p>\n<p>PARTIAL TAKING EXPROPRIATION:<br \/>\nTHE REMAINDER<br \/>\nEXPROPRIATION PARTIELLE :<br \/>\nLE R\u00c9SIDU<\/p>\n<p>VOL 58 |  BOOK 1 \/  TOME 1  |  2014<\/p>\n<p>Publication Mails Agreement #40008249.<br \/>\nReturn undeliverable Canadian addresses to: Appraisal Institute of Canada,<br \/>\n403-200 Catherine St., Ottawa, ON K2P 2K9. Email: info@aicanada.ca<\/p>\n<p>The articles printed in this issue represent authors\u2019 opinions only and are not necessarily endorsed by<br \/>\nthe APPRAISAL INSTITUTE OF CANADA. Copyright 2014 by the APPRAISAL INSTITUTE OF CANADA.<br \/>\nAll rights reserved. Reproduction in whole or in part without written permission is strictly prohibited.<br \/>\nSubscription, $40.00 per year. Printed in Canada. Les articles imprim\u00e9s dans ce num\u00e9ro ne rep\u00e9sentent<br \/>\nque l\u2019opinion de leur auteur respectif, mais ne sont pas n\u00e9ces\u2013sairement endoss\u00e9s par L\u2019INSTITUT CAN-<br \/>\nADIEN DES \u00c9VALUATEURS. Tous droits reserv\u00e9s 2014 par L\u2019INSTITUT CANADIEN DES \u00c9VALUATEURS. La<br \/>\nreproduction totale ou partielle sous quelque form que se soit sans authorisation \u00e9crite est absolument<br \/>\ninterdite. Abonnement $40.00 par ann\u00e9e. Imprim\u00e9 au Canada.<\/p>\n<p>* The Appraisal Institute of Canada reserves the right to reject advertising that it deems to be inappropriate.<br \/>\n** The publisher and the Appraisal Institute of Canada cannot be held liable for any material used or claims<br \/>\nmade in advertising included in this publication.Indexed in the Canadian Business Index and available<br \/>\non-line in the Canadian Business &#038; Current Affairs database.<br \/>\nISSN 0827-2697<\/p>\n<p>Publication management, design and production by:<br \/>\nDirection, conception et production par :<\/p>\n<p>3rd Floor \u2013 2020 Portage Avenue, Winnipeg, MB  R3J 0K4<br \/>\nPhone: 866-985-9780 \u2022 Fax: 866-985-9799<br \/>\nE-mail: info@kelman.ca \u2022 Web: www.kelman.ca<\/p>\n<p>Managing Editor: Craig Kelman<br \/>\nDesign\/Layout: Kristy Unrau<br \/>\nMarketing Manager: Kris Fillion<br \/>\nAdvertising Co-ordinator: Stefanie Ingram<\/p>\n<p>Director &#8211; Marketing and Communications: Sheila Roy, Ottawa<br \/>\nCommunications Officer: Mary-Jane Erickson, Ottawa<\/p>\n<p>12<br \/>\nREAL PROPERTY CHALLENGES WITH<br \/>\nOTTAWA\u2019S CONFEDERATION LINE<br \/>\nD\u00c9FIS IMMOBILIERS EN LIEN AVEC LA<br \/>\nLIGNE DE LA CONF\u00c9D\u00c9RATION D\u2019OTTAWA<\/p>\n<p>20<\/p>\n<p>WHO IS AN OWNER?<br \/>\nQUI EST UN PROPRI\u00c9TAIRE?<\/p>\n<p>38 INDIA\u2019S APPRAISAL PROFESSION STRUGGLES FOR RECOGNITIONLA PROFESSION D\u2019\u00c9VALUATEUR<br \/>\nEN INDE A DU MAL \u00c0 SE FAIRE<br \/>\nRECONNA\u00ceTRE<\/p>\n<p>52<\/p>\n<p>CONTENTS <\/p>\n<p>TO COOPERATE: TO WORK TOGETHER<br \/>\nCOLLABORER : TRAVAILLER ENSEMBLE <\/p>\n<p>32<\/p>\n<p>TABLE DES MATI\u00c8RES<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 5<\/p>\n<p>mailto:info@aicanada.ca<br \/>\nmailto:info@kelman.ca<br \/>\nhttp:\/\/www.kelman.ca<\/p>\n<p>Come east to see why Halifax is one of<br \/>\nCanada\u2019s premier destinations. Join us<br \/>\nin Halifax for the 2014 AIC Conference,<br \/>\nfeaturing the sights and sounds of Atlantic<br \/>\nCanada at its best! <\/p>\n<p>The 2014 AIC Conference planning is<br \/>\nwell underway. Be sure to watch our<br \/>\nConference website to be the first to<br \/>\nknow about the speakers, networking<br \/>\nevents, and education program!<\/p>\n<p>Our keynote speaker, Dave Carroll, is an award winning singer-<br \/>\nsongwriter, speaker, author and social media innovator from Halifax.<br \/>\nFor over two decades in the music business as a solo artist and with<br \/>\nthe band Sons of Maxwell, Dave has become known as a master<br \/>\nstoryteller. He also became known to 150 million people when his 2009<br \/>\nYouTube music video highlighting an airline customer service issue<br \/>\n\u2014 &lsquo;United Breaks Guitars\u2019 \u2014 became a worldwide media sensation.<br \/>\nThis video has now become an inspiration to consumers everywhere,<br \/>\ndemonstrating the power of social media and the need for companies<br \/>\nto reconsider their customer relationships. While his career as an<br \/>\nentertainer and songwriter has expanded, Dave Carroll has become<br \/>\na highly sought after professional speaker, published author and the<br \/>\nco-founder of both customer facing and business facing startups called<br \/>\nGripevine and Lean2Logix.<\/p>\n<p>\u201cNova Scotians love company!<br \/>\nOur committee has dusted off<br \/>\nthe welcome mat and we are<br \/>\nexcited to welcome you! Come<br \/>\nfor the educational programs&#8230;<br \/>\nstay for the party!\u201d<\/p>\n<p>Co-chairs Beverly Girvan, AACI, P. App., Fellow<br \/>\nand Lisa Glennie, CRA<\/p>\n<p>Mark your<br \/>\nCalendar<\/p>\n<p>DAVE CARROLL<\/p>\n<p>  Halifax<br \/>\nSee you in<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 20146 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>Venez dans l\u2019Est pour voir pourquoi Halifax est l\u2019une des destinations de<br \/>\nchoix au Canada. Venez nous rencontrer dans cette belle ville pour assis-<br \/>\nter \u00e0 la Conf\u00e9rence 2014 de l\u2019ICE, mettant en vedette le panorama et les<br \/>\nsons du Canada atlantique!<\/p>\n<p>La planification de la Conf\u00e9rence 2014 de l\u2019ICE va bon train. Assurez-<br \/>\nvous de consulter le site Web de la Conf\u00e9rence pour \u00eatre le premier ou la<br \/>\npremi\u00e8re \u00e0 d\u00e9couvrir les conf\u00e9renciers, les \u00e9v\u00e9nements de r\u00e9seautage et<br \/>\nle programme d\u2019\u00e9ducation!<\/p>\n<p>Notre conf\u00e9rencier principal Dave Carroll, originaire d\u2019Halifax,  est un<br \/>\nchanteur-compositeur-interpr\u00e8te qui a gagn\u00e9 plusieurs prix et est un<br \/>\ninnovateur dans le domaine des m\u00e9dias sociaux. \u0152uvrant depuis plus<br \/>\nde deux d\u00e9cennies au sein de l\u2019industrie de la musique en tant qu\u2019ar-<br \/>\ntiste solo et avec le groupe Sons of Maxwell, Dave est maintenant connu<br \/>\ncomme un ma\u00eetre raconteur. Il s\u2019est aussi fait conna\u00eetre par 150 mil-<br \/>\nlions de personnes quand sa vid\u00e9o YouTube 2009, mettant en \u00e9vidence<br \/>\nun probl\u00e8me li\u00e9 au service \u00e0 la client\u00e8le d\u2019une compagnie a\u00e9rienne \u2014<br \/>\n\u00ab United Breaks Guitars \u00bb\u2014, est devenue cr\u00e9atrice d\u2019un effet de m\u00e9dias<br \/>\nsociaux incroyable et reconnu \u00e0 l\u2019\u00e9chelle mondiale. Cette vid\u00e9o a inspir\u00e9<br \/>\ndes consommateurs partout dans le monde, d\u00e9montrant la puissance<br \/>\ndes m\u00e9dias sociaux et la n\u00e9cessit\u00e9 pour les entreprises de revoir leurs<br \/>\nrelations avec la client\u00e8le. Alors que sa carri\u00e8re en tant qu\u2019artiste et<br \/>\nauteur-compositeur s\u2019est \u00e9tendue, Dave Carroll est devenu un conf\u00e9ren-<br \/>\ncier professionnel tr\u00e8s recherch\u00e9, un auteur publi\u00e9 et le cofondateur de<br \/>\ndeux nouvelles entreprises de services aux clients et aux entreprises<br \/>\nappel\u00e9es Gripevine et Lean2Logix.<\/p>\n<p>\u00ab Les N\u00e9o-\u00c9cossais aiment<br \/>\nla visite! Notre comit\u00e9 a<br \/>\nd\u00e9poussi\u00e9r\u00e9 le tapis rouge<br \/>\net nous sommes ravis de<br \/>\nvous accueillir! Venez pour<br \/>\nles programmes \u00e9ducatifs&#8230;<br \/>\nrestez pour la f\u00eate! \u00bb<\/p>\n<p>Copr\u00e9sidentes Beverly Girvan, AACI,<br \/>\nP. App., Fellow et Lisa Glennie, CRA<\/p>\n<p>Inscrivez ces<br \/>\ndates \u00e0 votre<br \/>\ncalendrier<\/p>\n<p>  Halifax<br \/>\nVous voir \u00e0<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 7Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>EXECUTIVE CORNER<\/p>\n<p>NEW INITIATIVES SET<br \/>\nTHE STAGE FOR SUCCESS<\/p>\n<p>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<p>K E I T H  L A N C A S T L E ,  M B A ,  C A E ,  C H I E F  E X E C U T I V E  O F F I C E R<\/p>\n<p>DA N W IL S ON<\/p>\n<p>K EI T H L A NC A S T L E<\/p>\n<p>A s we head toward spring and our June conference, the Appraisal Institute of Canada (AIC) is in high gear with many new<br \/>\ninitiatives and projects on the go.<\/p>\n<p>The Board of Directors is currently<br \/>\ndrafting the 2015-2018 Strategic Plan to<br \/>\nguide AIC\u2019s direction over the next three<br \/>\nyears. We are very pleased to have had<br \/>\nover 650 Members respond to the national<br \/>\nsurvey last fall and to have consulted with<br \/>\n25 external stakeholders. The combined<br \/>\ninput has helped to identify some of the<br \/>\nkey opportunities and challenges our<br \/>\nMembers are facing now and in the near<br \/>\nfuture. The feedback was very valuable,<br \/>\nand you can be assured \u2013 we are listening!<br \/>\nThe updated 2015-2018 plan will be rooted<br \/>\nin the research we gathered and reflect the<br \/>\nreality and trends within the profession<br \/>\nto position our Members and the AIC for<br \/>\nsuccess now and in the years to come.  <\/p>\n<p>The AIC Professional Practice Com-<br \/>\nmittee has been working very hard over the<br \/>\npast few months. It released the new 2014<br \/>\nConsolidated Regulations as well as an expo-<br \/>\nsure draft of the 2014 Canadian Uniform<br \/>\nStandards of Professional Appraisal Practice<br \/>\n(CUSPAP). In response to our Members\u2019<br \/>\nfeedback, the 2014 CUSPAP will provide<br \/>\ngreater clarity and consistency \u2013 including <\/p>\n<p>revised definitions and enhanced practice<br \/>\nnotes. CUSPAP 2014 also introduces a new<br \/>\nstandard \u2013 Reserve Fund Planning \u2013 which<br \/>\noutlines the key required elements for this<br \/>\ngrowing practice opportunity. This new<br \/>\nstandard opens the door to new opportu-<br \/>\nnities for all of our Members \u2013 AACI and<br \/>\nCRA \u2013 who have the competency and skills<br \/>\nneeded to complete this work.<\/p>\n<p>The Admission and Accreditation Com-<br \/>\nmittee has also been very busy over the last<br \/>\nquarter, releasing several new updates to its<br \/>\nDesignation and Continuing Professional<br \/>\nDevelopment programs and policies. <\/p>\n<p>AIC and the University of British<br \/>\nColumbia (UBC) have recently renewed<br \/>\nthe UBC\/AIC Professional Program of<br \/>\nStudy Memorandum of Understanding<br \/>\n(MOU) for another five years. This MOU<br \/>\nensures that our Members will continue to<br \/>\nhave access to some of the best educational<br \/>\nofferings for valuation professionals. Sir<br \/>\nDavid Tweedie, Chair of the International<br \/>\nValuation Standards Council (IVSC), val-<br \/>\nidated the effectiveness of this program by<br \/>\nstating that, \u201cthe AIC Education program<br \/>\nis highly regarded and we [IVSC] are very<br \/>\npleased that the AIC places such importance<br \/>\non quality degree-level education. Reliable<br \/>\nvaluation of assets is fundamental to the<br \/>\nstability of the real estate market.\u201d<\/p>\n<p>THE UPDATED 2015-2018 PLAN WILL BE ROOTED IN THE RESEARCH WE<br \/>\nGATHERED AND REFLECT THE REALITY AND TRENDS WITHIN THE PROFESSION TO <\/p>\n<p>POSITION OUR MEMBERS AND THE AIC FOR SUCCESS NOW AND IN THE YEARS TO COME.  <\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 20148 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>To further enhance the Education<br \/>\nprogram, Candidate admission<br \/>\nrequirements have been revised to enable<br \/>\npost-secondary students with two years<br \/>\nor more of post-secondary education<br \/>\n(college, C\u00c9GEP, or university) from an<br \/>\naccredited Canadian institution to be<br \/>\neligible for admission to AIC Candidacy.<br \/>\nWhile a university degree is still an exit<br \/>\nrequirement, along with completion of the<br \/>\nAIC\u2019s Program of Study and Designation<br \/>\nRequirements, this step streamlines the<br \/>\nentry into the profession and will allow us<br \/>\nto attract more high quality Candidates.<br \/>\nAt the same time, we are moving towards<br \/>\nrecognizing comparable French-language<br \/>\neducation programs and entering into<br \/>\narticulation agreements with colleges and<br \/>\nuniversities offering real estate programs. <\/p>\n<p>After considerable work \u2013 and in<br \/>\nresponse to member feedback \u2013 Work<br \/>\nProduct Review has been introduced<br \/>\nas part of the designation process. This<br \/>\nprogram will provide a great learning<br \/>\nenvironment for Candidates, as experienced<br \/>\nand knowledgeable peer reviewers<br \/>\nprovide feedback on their work products.<br \/>\nThis program allows our Candidates to<br \/>\ndemonstrate the practical application of<br \/>\nthe knowledge and skills they are acquiring<br \/>\non their journey to designation. If you are<br \/>\ninterested in giving back to the profession<br \/>\n(and earning up to 13 CPD credits a year),<br \/>\nyou can apply to become a peer reviewer. <\/p>\n<p>Finally, beginning on January 1, 2014,<br \/>\nAIC moved from a five-year CPD cycle<br \/>\nto a two-year CPD cycle. The new CPD<br \/>\nprogram will apply to both Designated<br \/>\nMembers and Candidate Members and<br \/>\nthe course per year (CPY) requirements for<br \/>\nCandidate Members has been eliminated.<br \/>\nThis change was implemented to assist<br \/>\nMembers in managing their mandatory<br \/>\nand discretionary credits more effectively <\/p>\n<p>and it aligns AIC\u2019s policies with the<br \/>\nindustry standards for CPD cycles of other<br \/>\nprofessional associations. <\/p>\n<p>Within the marketing and<br \/>\ncommunication portfolio, the results are<br \/>\nin for the new online \u2018Find an Appraiser\u2019<br \/>\ntool. From September to December of last<br \/>\nyear, over 24,000 searches were completed<br \/>\nto find AIC Designated Members! This<br \/>\nonline directory is definitely being used<br \/>\nby your clients, so it is worthwhile to<br \/>\nkeep your profile updated and to include<br \/>\na photo to distinguish yourself from your<br \/>\ncolleagues. Through the marketing and<br \/>\ncommunications efforts in 2013, the<br \/>\nAIC has also created over 100 million<br \/>\nimpressions with AIC\u2019s target audiences.<br \/>\nThe AIC Communications Committee<br \/>\nwill be adding new advertisements to its<br \/>\nroster that will target the legal and non-<br \/>\nresidential valuation services our AIC<br \/>\nMembers provide.  <\/p>\n<p>Other key marketing and commu-<br \/>\nnication initiatives for 2014 include:<br \/>\nan enhanced partnership between AIC<br \/>\nNational, AIC provincial affiliates and<br \/>\nCAAMP to have an AIC speaker at each<br \/>\n2014 regional symposium across the<br \/>\ncountry; the release of the 2014 Designated<br \/>\nMembers Source Guide; and, the devel-<br \/>\nopment of an online library of technical<br \/>\narticles that are searchable by key words,<br \/>\ntitles, authors or Canadian Property Val-<br \/>\nuation (CPV) editions. Furthermore, the<br \/>\nsocial media channels continue to hum<br \/>\nwith activity, as national news and trends<br \/>\nare shared as they happen on Twitter<br \/>\n(@AICanada.ca), Linked In (Appraisal<br \/>\nInstitute of Canada) and Facebook. Be<br \/>\nsure to join in on the conversations!<\/p>\n<p>The Conference Committee is taking<br \/>\nthe AIC Conference to new heights,<br \/>\npromising to deliver a phenomenal edu-<br \/>\ncation program as well as networking <\/p>\n<p>EXECUTIVE CORNER<\/p>\n<p>THE MOMENTUM THAT THE AIC IS CREATING IS BUILDING A WAVE<br \/>\nOF NEW INITIATIVES THAT WILL ENHANCE OUR REPUTATION,  <\/p>\n<p>EDUCATE OUR MEMBERS, AND REINFORCE THE QUALITY STANDARDS<br \/>\nTHAT AIC DESIGNATIONS ARE KNOWN FOR IN THE MARKETPLACE. <\/p>\n<p>events that are beaming with Atlantic<br \/>\ncharm and eastern hospitality. It is<br \/>\npromising to be one of the best AIC<br \/>\nconferences, and one you cannot miss.<br \/>\nMore information is available on the<br \/>\nAIC website and registration is open.<\/p>\n<p>Overall, the momentum that the<br \/>\nAIC is creating is building a wave of<br \/>\nnew initiatives that will enhance our<br \/>\nreputation, educate our members, and<br \/>\nreinforce the quality standards that<br \/>\nAIC designations are known for in<br \/>\nthe marketplace. Thank you to all our<br \/>\nvolunteers whose hard work and effort<br \/>\nis helping to advance our profession! <\/p>\n<p>AACI OPPORTUNITY<\/p>\n<p>Appraisal practice<br \/>\nfor sale in <\/p>\n<p>Atlantic Canada<br \/>\nEstablished commercial and<br \/>\nresidential clientele with<br \/>\nexcellent growth potential <\/p>\n<p>Owner retiring but will<br \/>\nassist with transition<\/p>\n<p>Inquire in confidence<br \/>\nto 1-877-339-8949<br \/>\nConfidentiality agreement<br \/>\nwill be required<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 9Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>DE NOUVELLES INITIATIVES<br \/>\nPAVENT LA VOIE \u00c0 LA R\u00c9USSITE<\/p>\n<p>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<p>K E I T H  L A N C A S T L E ,  M B A ,  C A E ,  C H E F  D E  L A  D I R E C T I O N<\/p>\n<p>LE COIN DE L\u2019EX\u00c9CUTIF<\/p>\n<p>\u00c0 l\u2019approche du printemps et de notre conf\u00e9rence en juin, l\u2019Institut canadien des \u00e9valuateurs (ICE) bat son<br \/>\nplein avec de nombreux nouveaux<br \/>\nprojets et initiatives. <\/p>\n<p>Le Conseil d\u2019administration travaille<br \/>\npr\u00e9sentement \u00e0 l\u2019\u00e9bauche du Plan<br \/>\nstrat\u00e9gique 2015-2018 pour orienter la<br \/>\ndirection de l\u2019ICE au cours des trois<br \/>\nprochaines ann\u00e9es. Nous sommes<br \/>\ntr\u00e8s heureux du fait que plus de 650<br \/>\nmembres ont r\u00e9pondu \u00e0 l\u2019enqu\u00eate<br \/>\nnationale l\u2019automne dernier et qu\u2019on a<br \/>\nconsult\u00e9 25 intervenants externes. Ces<br \/>\ncommentaires ont permis d\u2019identifier<br \/>\ncertaines des principales possibilit\u00e9s et<br \/>\ndifficult\u00e9s avec lesquelles nos membres<br \/>\ndoivent composer \u00e0 l\u2019heure actuelle<br \/>\net dans un avenir rapproch\u00e9. Les<br \/>\ncommentaires \u00e9taient tr\u00e8s pertinents,<br \/>\net vous pouvez \u00eatre assur\u00e9s que nous<br \/>\nsommes \u00e0 l\u2019\u00e9coute! Le plan actualis\u00e9<br \/>\nde 2015-2018 sera ax\u00e9 sur la recherche<br \/>\nque nous avons rassembl\u00e9e et refl\u00e8tera la<br \/>\nr\u00e9alit\u00e9 et les tendances de la profession<br \/>\nafin d\u2019aiguiller nos membres et l\u2019ICE sur<br \/>\nle chemin du succ\u00e8s, aujourd\u2019hui et dans<br \/>\nles ann\u00e9es \u00e0 venir.<\/p>\n<p>Le Comit\u00e9 de pratique professionnelle<br \/>\nde l\u2019ICE a travaill\u00e9 tr\u00e8s fort au cours des <\/p>\n<p>derniers mois. Il a publi\u00e9 les nouveaux<br \/>\nR\u00e8glements consolid\u00e9s de 2014 ainsi qu\u2019un<br \/>\nexpos\u00e9-sondage des Normes uniformes<br \/>\nde pratique professionnelle en mati\u00e8re<br \/>\nd\u2019 \u00e9valuation au Canada (NUPPEC).<br \/>\nEn r\u00e9ponse aux commentaires de nos<br \/>\nmembres, l\u2019\u00e9dition 2014 des NUPPEC<br \/>\noffrira plus de pr\u00e9cision et de coh\u00e9rence<br \/>\n&#8211; y compris des d\u00e9finitions r\u00e9vis\u00e9es et des<br \/>\nnotes de pratique am\u00e9lior\u00e9es. L\u2019\u00e9dition<br \/>\n2014 des NUPPEC pr\u00e9sentera \u00e9galement<br \/>\nune nouvelle norme \u2013 Planification du<br \/>\nfonds de r\u00e9serve &#8211; qui d\u00e9finit les \u00e9l\u00e9ments<br \/>\ncl\u00e9s requis pour cette pratique de plus<br \/>\nen plus courante. Cette nouvelle norme<br \/>\nouvre la porte \u00e0 de nouvelles possibilit\u00e9s<br \/>\npour tous nos membres &#8211; AACI et CRA<br \/>\n&#8211; qui ont les habilet\u00e9s et les comp\u00e9tences<br \/>\nn\u00e9cessaires pour r\u00e9aliser ce travail.<\/p>\n<p>Le Comit\u00e9 des admissions et de<br \/>\nl\u2019accr\u00e9ditation a \u00e9galement \u00e9t\u00e9 tr\u00e8s<br \/>\noccup\u00e9 au cours du dernier trimestre<br \/>\nen diffusant plusieurs nouvelles mises<br \/>\n\u00e0 jour \u00e0 ses programmes et politiques<br \/>\nd\u2019accr\u00e9ditation et de perfectionnement<br \/>\nprofessionnel continu. <\/p>\n<p>L\u2019ICE et l\u2019Universit\u00e9 de la Colombie-<br \/>\nBritannique (U.C.-B.) ont r\u00e9cemment<br \/>\nrenouvel\u00e9 leur Protocole d\u2019entente (PE)<br \/>\nrelativement au programme d\u2019\u00e9tudes<br \/>\nprofessionnelles pour une p\u00e9riode <\/p>\n<p>LE PLAN ACTUALIS\u00c9 DE 2015-2018 SERA AX\u00c9 SUR LA RECHERCHE<br \/>\nQUE NOUS AVONS RASSEMBL\u00c9E ET REFL\u00c8TERA LA R\u00c9ALIT\u00c9 ET  <\/p>\n<p>LES TENDANCES DE LA PROFESSION AFIN D\u2019AIGUILLER NOS MEMBRES ET<br \/>\nL\u2019ICE SUR LE CHEMIN DU SUCC\u00c8S, AUJOURD\u2019HUI ET DANS LES ANN\u00c9ES \u00c0 VENIR.<\/p>\n<p>DA N W IL S ON<\/p>\n<p>K EI T H L A NC A S T L E<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201410 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>LE COIN DE L\u2019EX\u00c9CUTIF<\/p>\n<p>additionnelle de cinq ans. Ce PE veille \u00e0<br \/>\nce que nos membres continuent \u00e0 avoir<br \/>\nacc\u00e8s aux meilleures offres en mati\u00e8re<br \/>\nd\u2019\u00e9ducation pour les professionnels<br \/>\nde l\u2019\u00e9valuation. Monsieur David<br \/>\nTweedie, pr\u00e9sident du International<br \/>\nValuation Standards Council (IVSC), a<br \/>\nconfirm\u00e9 l\u2019efficacit\u00e9 de ce programme en<br \/>\naffirmant que \u00ab\u00a0le programme d\u2019\u00e9tudes<br \/>\nde l\u2019ICE jouit d\u2019une grande notori\u00e9t\u00e9<br \/>\net nous sommes tr\u00e8s heureux que l\u2019ICE<br \/>\nporte une telle importance \u00e0 l\u2019\u00e9ducation<br \/>\nde bonne qualit\u00e9 au niveau universitaire.<br \/>\nL\u2019\u00e9valuation fiable de biens est \u00e0 la base<br \/>\nd\u2019un march\u00e9 immobilier stable. \u00bb<\/p>\n<p> Afin d\u2019am\u00e9liorer davantage le<br \/>\nprogramme d\u2019\u00e9tudes, les exigences<br \/>\nrelatives \u00e0 l\u2019admission de membres<br \/>\nstagiaires ont \u00e9t\u00e9 r\u00e9vis\u00e9es pour<br \/>\npermettre aux \u00e9tudiants de niveau<br \/>\npostsecondaire ayant deux ann\u00e9es<br \/>\nou plus d\u2019\u00e9tudes postsecondaires<br \/>\n(coll\u00e8ge, c\u00e9gep ou universit\u00e9) dans<br \/>\nun \u00e9tablissement canadien reconnu<br \/>\nd\u2019\u00eatre admissible en tant que membre<br \/>\nstagiaire de l\u2019ICE. Bien qu\u2019un<br \/>\ndipl\u00f4me universitaire soit quand<br \/>\nm\u00eame une exigence de sortie, ainsi<br \/>\nque l\u2019ach\u00e8vement du programme<br \/>\nd\u2019\u00e9tudes de l\u2019ICE et les exigences en<br \/>\nmati\u00e8re d\u2019obtention de titre, cette<br \/>\n\u00e9tape simplifie l\u2019acc\u00e8s \u00e0 cette profession<br \/>\net nous permettra d\u2019attirer plus de<br \/>\nstagiaires. Parall\u00e8lement, nous nous<br \/>\ndirigeons vers la reconnaissance de<br \/>\nprogrammes \u00e9ducatifs comparables<br \/>\nde langue fran\u00e7aise et la conclusion<br \/>\nd\u2019accords d\u2019articulation avec les<br \/>\ncoll\u00e8ges et les universit\u00e9s offrant<br \/>\ndes programmes immobiliers.<\/p>\n<p>Apr\u00e8s des efforts consid\u00e9rables &#8211; et<br \/>\nen r\u00e9ponse aux commentaires des<br \/>\nmembres \u2013 l\u2019Examen du produit du<br \/>\ntravail vient d\u2019\u00eatre introduit dans le<br \/>\ncadre du processus d\u2019accr\u00e9ditation.<br \/>\nCe programme fournira aux<br \/>\nstagiaires un environnement propice<br \/>\n\u00e0 l\u2019apprentissage, puisque des pairs<br \/>\nexaminateurs chevronn\u00e9s et comp\u00e9tents<br \/>\nsoumettront des commentaires<br \/>\nsur leurs produits de travail. Ce <\/p>\n<p>programme permet \u00e0 nos stagiaires de<br \/>\nd\u00e9montrer l\u2019application pratique des<br \/>\nconnaissances et des comp\u00e9tences qu\u2019ils<br \/>\nacqui\u00e8rent dans leur cheminement<br \/>\nvers l\u2019accr\u00e9ditation. Si vous souhaitez<br \/>\nrendre \u00e0 la profession ce qu\u2019elle vous a<br \/>\ndonn\u00e9 (et d\u2019obtenir jusqu\u2019\u00e0 13 cr\u00e9dits<br \/>\nPPC par ann\u00e9e), vous pouvez faire<br \/>\ndemande pour devenir un examinateur.<\/p>\n<p>Enfin, \u00e0 compter du 1er janvier 2014,<br \/>\nl\u2019ICE est pass\u00e9 d\u2019un cycle de PPC de<br \/>\ncinq ans \u00e0 un cycle de PPC de deux<br \/>\nans. Le nouveau programme de PPC<br \/>\ns\u2019applique aux membres d\u00e9sign\u00e9s et<br \/>\nstagiaires, et on a \u00e9limin\u00e9 les exigences<br \/>\ndu cours par ann\u00e9e (CPA) pour les<br \/>\nmembres stagiaires. Cette derni\u00e8re<br \/>\nmodification a \u00e9t\u00e9 mise en place afin<br \/>\nd\u2019aider les membres \u00e0 g\u00e9rer leurs cr\u00e9dits<br \/>\nobligatoires et discr\u00e9tionnaires et aligne<br \/>\nles politiques de l\u2019ICE aux normes de<br \/>\nl\u2019industrie en mati\u00e8re de cycles de PPC<br \/>\ndes autres associations professionnelles.<\/p>\n<p>Au chapitre du marketing et des<br \/>\ncommunications, les r\u00e9sultats sont<br \/>\nmaintenant connus pour le nouvel outil<br \/>\nen ligne \u00ab\u00a0Trouver un \u00e9valuateur \u00bb. De<br \/>\nseptembre \u00e0 d\u00e9cembre dernier, plus de<br \/>\n24 000 recherches ont \u00e9t\u00e9 effectu\u00e9es<br \/>\npour trouver des membres d\u00e9sign\u00e9s<br \/>\nde l\u2019ICE! Il est certain que vos clients<br \/>\nutilisent ce r\u00e9pertoire \u00e9lectronique, il<br \/>\nest donc utile de garder votre profil \u00e0<br \/>\njour et d\u2019y inclure une photo afin de<br \/>\nvous distinguer de vos coll\u00e8gues. Gr\u00e2ce<br \/>\naux efforts en mati\u00e8re de marketing<br \/>\net de communication en 2013, l\u2019ICE<br \/>\na \u00e9galement cr\u00e9\u00e9 plus de 100 millions<br \/>\nd\u2019empreintes aupr\u00e8s de ses publics cibles.<br \/>\nLe Comit\u00e9 des communications de l\u2019ICE<br \/>\najoutera de nouvelles publicit\u00e9s \u00e0 sa liste<br \/>\nqui cibleront les services d\u2019\u00e9valuation<br \/>\njuridique et non r\u00e9sidentielle offerts par<br \/>\nnos membres. <\/p>\n<p>D\u2019autres initiatives cl\u00e9s de 2014<br \/>\nen mati\u00e8re de marketing et de<br \/>\ncommunication comprennent : un<br \/>\nmeilleur partenariat entre le bureau<br \/>\nnational de l\u2019ICE, ses associations<br \/>\nprovinciales et l\u2019ACCHA afin d\u2019accueillir<br \/>\nun conf\u00e9rencier de l\u2019ICE \u00e0 chaque<br \/>\ncolloque r\u00e9gional de 2014 partout au<br \/>\npays; la publication du Guide source des<br \/>\nmembres accr\u00e9dit\u00e9s 2014; et, l\u2019\u00e9laboration<br \/>\nd\u2019une biblioth\u00e8que en ligne d\u2019articles<br \/>\ntechniques consultables par mots cl\u00e9s,<br \/>\ntitres, auteurs ou num\u00e9ros d\u2019\u00c9valuation<br \/>\nimmobili\u00e8re au Canada (EIC). En<br \/>\noutre, les m\u00e9dias sociaux continuent<br \/>\n\u00e0 bourdonner d\u2019activit\u00e9s alors que les<br \/>\nnouvelles et les tendances nationales<br \/>\nsont partag\u00e9es lorsqu\u2019elles se produisent<br \/>\nsur Twitter (@AICanada.ca), Linked In<br \/>\n(Institut canadien des \u00e9valuateurs) et<br \/>\nFacebook. Joignez-vous aux discussions!<\/p>\n<p>Le Comit\u00e9 de la conf\u00e9rence hisse<br \/>\ncette derni\u00e8re vers de nouveaux<br \/>\nsommets, promettant d\u2019offrir un<br \/>\nprogramme \u00e9ducatif ph\u00e9nom\u00e9nal ainsi<br \/>\nque des \u00e9v\u00e9nements de r\u00e9seautage<br \/>\nrayonnant du charme de la r\u00e9gion<br \/>\nde l\u2019Atlantique et de l\u2019hospitalit\u00e9 des<br \/>\ngens de cette r\u00e9gion. Cette conf\u00e9rence<br \/>\ns\u2019annonce une des meilleures<br \/>\nconf\u00e9rences de l\u2019ICE, une occasion<br \/>\n\u00e0 ne pas manquer. Davantage de<br \/>\nrenseignements sont disponibles sur<br \/>\nle site Web de l\u2019ICE et la p\u00e9riode<br \/>\nd\u2019inscription est ouverte. <\/p>\n<p>Dans l\u2019ensemble, la dynamique<br \/>\ncr\u00e9\u00e9e par l\u2019ICE permet une vague de<br \/>\nnouvelles initiatives qui am\u00e9liorera notre<br \/>\nr\u00e9putation, \u00e9duquera nos membres, et<br \/>\nrenforcera les normes de qualit\u00e9 qui font<br \/>\nla renomm\u00e9e des titres de l\u2019ICE sur le<br \/>\nmarch\u00e9. Merci \u00e0 tous nos b\u00e9n\u00e9voles qui,<br \/>\npar leur travail et leurs efforts acharn\u00e9s,<br \/>\nfont progresser notre profession! <\/p>\n<p>LA DYNAMIQUE CR\u00c9\u00c9E PAR L\u2019ICE PERMET UNE<br \/>\nVAGUE DE NOUVELLES INITIATIVES QUI AM\u00c9LIORERA <\/p>\n<p>NOTRE R\u00c9PUTATION, \u00c9DUQUERA NOS MEMBRES, ET<br \/>\nRENFORCERA LES NORMES DE QUALIT\u00c9 QUI FONT LA <\/p>\n<p>RENOMM\u00c9E DES TITRES DE L\u2019ICE SUR LE MARCH\u00c9. <\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 11Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>P<br \/>\nublic works frequently result<br \/>\nin property expropriations.<br \/>\nAppraisals are required to assist<br \/>\nin ascertaining the amount <\/p>\n<p>of compensation to which an affected<br \/>\nproperty owner is entitled. In a property<br \/>\nexpropriation,2 a partial taking always<br \/>\nleaves behind un-expropriated property.<br \/>\nThe land not taken can possess varying<br \/>\ndegrees of utility, depending on the<br \/>\nnature and characteristics of the land, the<br \/>\npresence and type of any improvements,<br \/>\nand the spatial relationship of the land<br \/>\nto abutting property, including the<br \/>\npart taken. The land not taken in an<br \/>\nexpropriation of a property is known<br \/>\nas the remainder. A partial taking that<br \/>\ncauses a natural severance will always<br \/>\nhave more than one remainder.<\/p>\n<p>Every remainder should be viewed<br \/>\nas a new property requiring an <\/p>\n<p>appraisal, prepared independently<br \/>\nof the before-taking appraisal.3<br \/>\nThe valuation principles employed<br \/>\nin the initial appraisal should also<br \/>\nbe applied to the appraisal of the<br \/>\nremainder, including identifying the<br \/>\nlarger parcel as part of highest and<br \/>\nbest use analysis of the remainder.<br \/>\nBoth appraisals, however, must<br \/>\ncomply with the relevant provisions<br \/>\nof the applicable expropriation<br \/>\nact, ignoring the scheme when<br \/>\nit is appropriate to do so.4 <\/p>\n<p>A remainder is defined as<br \/>\n\u201cthat portion of a larger parcel<br \/>\nremaining in the ownership of<br \/>\nthe property owner after a partial<br \/>\ntaking.\u201d5 Another closely related<br \/>\nterm is remnant, which is defined<br \/>\nas \u201ca remainder that has negligible<br \/>\neconomic utility or value due to its <\/p>\n<p>ABSTRACT<br \/>\nThis article is intended to inform appraisers<br \/>\nand real estate-related professionals<br \/>\nabout the challenges involved in appraising<br \/>\nexpropriated property and the procedures<br \/>\nnecessary to support opinions of value<br \/>\nassociated with a partial taking. An<br \/>\nexpropriated property owner is entitled to<br \/>\nthe market value of the land taken, plus any<br \/>\ndiminution in value sustained by land not<br \/>\ntaken. Depending on the nature and extent<br \/>\nof a taking, including the public works,1 the<br \/>\nland not taken can have its value impacted.<br \/>\nThe extent of the impact on value is a<br \/>\nfunction of whether the land not taken is<br \/>\na viable or non-viable remainder. After a<br \/>\npartial taking, the remainder constitutes<br \/>\nan entirely new property, which requires<br \/>\npreparation of a separate stand-alone<br \/>\nappraisal, independent of the appraisal of<br \/>\nthe original property.<\/p>\n<p>PARTIAL TAKING<br \/>\nEXPROPRIATION:<br \/>\nTHE REMAINDER<br \/>\nBY TONY SEVELKA, AACI, P.APP<\/p>\n<p>After a partial taking, the remainder constitutes an entirely new<br \/>\nproperty, which requires preparation of a separate stand-alone<br \/>\nappraisal, independent of the appraisal of the original property.&nbsp;&raquo;<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201412 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>size, shape, [location] or other detrimental<br \/>\ncharacteristics; also called uneconomic<br \/>\nremainder or uneconomic remnant.\u201d6 <\/p>\n<p>There are two types of remainders in a<br \/>\nproperty expropriation. In this article, they<br \/>\nare referenced as viable remainders and<br \/>\nnon-viable remainders. A viable remainder<br \/>\nis one that is marketable as a standalone<br \/>\nentity. A non-viable remainder is essentially<br \/>\nthe equivalent of a remnant or uneconomic<br \/>\nremainder or uneconomic remnant, terms<br \/>\nthat are in common usage in jurisdictions<br \/>\nthroughout the United States.<\/p>\n<p>For a remainder to have value, it must<br \/>\nhave four economic factors:7 (1) demand<br \/>\n(it must be desired; fewer buyers create less<br \/>\ndemand); (2) utility (it must have use to<br \/>\nbuyers); (3) scarcity (it must be relatively<br \/>\nscarce, as too much supply will depress the<br \/>\nprice); and (4) purchasing power (there <\/p>\n<p>must be a financial<br \/>\ncapability to buy; <\/p>\n<p>fewer buyers<br \/>\ndepress<br \/>\nprice).<\/p>\n<p>Apprais-<br \/>\ners are called <\/p>\n<p>upon by<br \/>\nexpropriating <\/p>\n<p>authorities and by<br \/>\nimpacted prop-<\/p>\n<p>erty owners<br \/>\nto prepare <\/p>\n<p>appraisals within a statutory framework.8<br \/>\nThe role of the appraiser is to conduct<br \/>\na broad enquiry into relevant economic<br \/>\nfactors and develop well-supported opin-<br \/>\nions of value within that framework. This<br \/>\nnecessitates an understanding of valuation<br \/>\nprocedures unique to expropriation.<\/p>\n<p>MARKET VALUE<br \/>\nMarket value is the principal focus of most<br \/>\nappraisal assignments, and both economic<br \/>\nand legal definitions have been developed.<br \/>\nThe economic definition of market value is<br \/>\ndefined by the Appraisal Institute as: \u201cThe<br \/>\nmost probable price that the specified prop-<br \/>\nerty interest should sell for in a competitive<br \/>\nmarket after a reasonable exposure time,<br \/>\nas of a specified date, in cash, or in terms<br \/>\nequivalent to cash, under all conditions<br \/>\nrequisite to a fair sale, with the buyer and<br \/>\nseller each acting prudently, knowledge-<br \/>\nably, for self-interest, and assuming that<br \/>\nneither is under duress.\u201d9 An appraisal<br \/>\nprepared for expropriation requires a legal<br \/>\ndefinition of market value sourced from the<br \/>\nappropriate expropriation act. For example,<br \/>\nin Ontario, Section 14(1) of the Expro-<br \/>\npriations Act defines market value as: \u201cthe<br \/>\namount that the land might be expected<br \/>\nto realize if sold in the open market by a<br \/>\nwilling seller to a willing buyer.\u201d<\/p>\n<p>An opinion of market value of a prop-<br \/>\nerty must be predicated on a highest and<br \/>\nbest use.10 Highest and best use is a fun-<br \/>\ndamental question of fact that must be <\/p>\n<p>answered before an appraiser can offer<br \/>\nan opinion as to market value.11 All<br \/>\nrelevant aspects of highest and best use <\/p>\n<p>analysis applicable to the expropriated<br \/>\nproperty must be explored and sufficiently<br \/>\ndocumented to support the opinion of<br \/>\nmarket value.<\/p>\n<p>An appraiser\u2019s primary objective is to<br \/>\ndevelop fact-based opinions of market<br \/>\nvalue, but market value does not apply<br \/>\nin a bilateral market. A bilateral market is<br \/>\none in which a single seller is confronted<br \/>\nby a single buyer. In this situation, the<br \/>\nvalue of a non-viable remainder is affected<br \/>\nby the interdependence of the non-viable<br \/>\nremainder and an adjoining property<br \/>\nunder different ownership, combined to<br \/>\nform a single larger parcel. Conveyance<br \/>\nof a property under this condition<br \/>\ndoes not meet the test of market value,<br \/>\nwhich assumes an active market of<br \/>\nmany buyers and sellers, and a choice<br \/>\nof available properties.<\/p>\n<p>Market value does not apply to a non-<br \/>\nviable remainder, as it has no independent<br \/>\nhighest and best use. Instead, the value<br \/>\nof a non-viable remainder is tied to the<br \/>\nmarket value of a larger parcel by way<br \/>\nof &laquo;&nbsp;value in contribution.&nbsp;&raquo; Contributory<br \/>\nvalue is measured in terms of the<br \/>\namount the non-viable remainder adds<br \/>\nto the value of the larger parcel or as the<br \/>\namount that its absence detracts from the<br \/>\nvalue of the larger parcel. <\/p>\n<p>INJURIOUS AFFECTION<br \/>\nInjurious affection represents the loss<br \/>\nin value sustained by a remainder in<br \/>\na property expropriation, sometimes<br \/>\nreferred to as remainder damages. Section<br \/>\n1 of the Ontario Expropriations Act states<br \/>\nthat injurious affection is:<\/p>\n<p>(a) where a statutory authority acquires<br \/>\npart of the land of an owner,<br \/>\n(i)  the reduction in market value <\/p>\n<p> thereby caused to the remaining<br \/>\n land of the owner by the<br \/>\n acquisition or by the construction<br \/>\n of the works thereon or by the  <\/p>\n<p>For a remainder to have value,<br \/>\nit must have: (1) demand, (2) utility,<br \/>\n(3) scarcity, (4) purchasing power.&nbsp;&raquo;<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 13Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>END NOTES<br \/>\n1  Public Works defined as \u201cstructures, as <\/p>\n<p>roads, dams, or post offices, paid for by<br \/>\ngovernment funds for public use,\u201d http:\/\/<br \/>\ndictionary.reference.com\/browse\/public+works.<\/p>\n<p>2  Unlike in the US, where the Fifth<br \/>\nAmendment provides: \u201cnor shall private<br \/>\nproperty be taken for public use, without<br \/>\njust compensation,\u201d in Canada, no property<br \/>\nowner of land expropriated by statute for<br \/>\npublic purposes is entitled to compensation.<br \/>\nTherefore, in Canada, the federal<br \/>\ngovernment and each province and territory<br \/>\nhas passed a variety of expropriation acts<br \/>\nthat define the elements of compensation,<br \/>\nand there is an assumption that there will be<br \/>\ncompensation for expropriated land, unless<br \/>\nspecifically precluded.<\/p>\n<p>3  In Gardiner Burton Agencies Ltd. v. Nova<br \/>\nScotia Power Corp. (1986) NSCA, the court<br \/>\nruling emphasized that the \u201cafter\u201d value<br \/>\nmust be independently estimated, with the<br \/>\nresult deducted from the \u201cbefore\u201d value in<br \/>\ndetermining the amount of compensation<br \/>\ndue for injurious affection.<\/p>\n<p>4  The scheme represents the intended<br \/>\npublic purpose underlying the necessity<br \/>\nor justification for an expropriation. In<br \/>\nvaluing the property before the taking, the<br \/>\ninfluence of the scheme is to be ignored.<br \/>\nAfter the taking, the value of the remainder<br \/>\ntakes the influence of the scheme into<br \/>\naccount, and any special benefits flowing<br \/>\nfrom the scheme. See Windsor (City) v.<br \/>\nPaciorka Leaseholds Limited, 2012 ONCA<br \/>\n431 (CanLII). Leave to appeal denied<br \/>\nby the Supreme Court of Canada.<\/p>\n<p>5  Appraisal Institute,<br \/>\nThe Dictionary of Real Estate Appraisal, 5th<br \/>\ned. (Appraisal Institute, 2010, p. 166).<\/p>\n<p>6  Appraisal Institute,<br \/>\nThe Dictionary of Real Estate Appraisal, 5th<br \/>\ned. (Appraisal Institute, 2010, 167).<\/p>\n<p>7  Appraisal Institute,<br \/>\nThe Appraisal of Real Estate, 13th ed.<br \/>\n(Appraisal Institute, 2008, 15).<\/p>\n<p>PARTIAL TAKING EXPROPRIATION: THE REMAINDER<\/p>\n<p> use of the works thereon or any<br \/>\n combination of them, and<\/p>\n<p>(ii) such personal and business<br \/>\n damages, resulting from the<br \/>\n construction or use, or both,<br \/>\n of the works as the statutory<br \/>\n authority would be liable for if <\/p>\n<p>  the construction or use were not<br \/>\n under the authority of a statute.12 <\/p>\n<p>For a property owner to sustain a claim<br \/>\nfor injurious affection arising out of<br \/>\na property expropriation, it must be<br \/>\ndemonstrated that the partial taking<br \/>\ncaused the remainder\u2019s value to change.<br \/>\nGenerally, the following criteria must be<br \/>\nsatisfied for a valid injurious affection:<br \/>\n(1) the remainder must be \u201cheld with\u201d<br \/>\nthe expropriated land; (2) the potential<br \/>\nloss in value of the remainder must be<br \/>\noccasioned by the use or construction<br \/>\nof the anticipated public works of<br \/>\nthe expropriating authority upon the<br \/>\nexpropriated land;13 (3) the potential<br \/>\nloss in value of the remainder must not<br \/>\nbe too remote;14 and (4) the potential<br \/>\nloss in value of the remainder must be<br \/>\npermanent rather than temporary.15<br \/>\nAs long as the expropriated land (the<br \/>\npart taken) is part of one holding<br \/>\nand is so inextricably linked to the<br \/>\nremainder as to diminish the existing<br \/>\nor potential use or marketability<br \/>\nthereof, the property owner is entitled<br \/>\nto compensation for the consequential<br \/>\ninjury to the part not taken.<\/p>\n<p>An after-taking market value that<br \/>\nis less than the before-taking market<br \/>\nvalue, minus the contributory value of<br \/>\nthe part expropriated, suggests that the<br \/>\nremainder has been injuriously affected<br \/>\n(i.e., sustained a disproportionate loss in<br \/>\nvalue). However, injurious affection must<br \/>\nbe proven through independent, mutually <\/p>\n<p>exclusive, and objective valuation<br \/>\nexercises without being tainted by a<br \/>\npresumption of damages. As noted by<br \/>\nthe Board in Ammouri,16 in rejecting the<br \/>\nposition taken by one of the appraisers:<br \/>\n\u201cHis approach in this case assumes de<br \/>\nfacto injurious affection, to which he<br \/>\nthen applied the findings of his ongoing<br \/>\nstudy to arrive at a quantification thereof.<br \/>\nInjurious affection is not axiomatic<br \/>\nas a consequence of a taking\u2026.[His]<br \/>\nanalysis in this case implies that it<br \/>\nis. He has put the cart before the<br \/>\nhorse, and the Board finds that in so<br \/>\ndoing he has not made out a case to<br \/>\ndemonstrate the presence of injurious<br \/>\naffection in these circumstances.\u201d<\/p>\n<p>Countless legal, physical and<br \/>\neconomic factors have the potential to<br \/>\naffect the market value of a remainder.<br \/>\nThe factors and their importance differ<br \/>\ndepending on the type of property, its<br \/>\nuse or potential use, and the presence<br \/>\nof improvements. Factors affecting<br \/>\nrural properties often differ from<br \/>\nthose that affect urban properties.17<br \/>\nSome of the potential factors that<br \/>\ncan impact the value of a remainder18<br \/>\ninclude title restrictions, easements,<br \/>\nexposure, accessibility, lot configuration,<br \/>\ndimensions and size, topography,<br \/>\ndrainage, crop production, diminished<br \/>\nutility of existing improvements,<br \/>\nincreased fixed costs, non-compliance<br \/>\nwith zoning provisions,19 and change in<br \/>\nhighest and best use.<\/p>\n<p>The timing and nature of the public<br \/>\nworks for which a property expropriation<br \/>\nis undertaken can also influence the<br \/>\nvalue of the remainder, due to the time<br \/>\nvalue of money and whether the public<br \/>\nworks restrict or enhance the utility of<br \/>\nthe remainder.<\/p>\n<p>Countless legal, physical and economic factors<br \/>\nhave the potential to affect the market value of a remainder.&nbsp;&raquo;<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201414 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>http:\/\/dictionary.reference.com\/browse\/public+works<br \/>\nhttp:\/\/dictionary.reference.com\/browse\/public+works<\/p>\n<p>8  \u201cAppraisals for expropriation can incur<br \/>\nhypothetical conditions, and may require the<br \/>\nappraiser to invoke the Jurisdictional Exception<br \/>\nprotocol [see 3.6],\u201d CUSPAP, effective January<br \/>\n1, 2012, Appraisal Standard 7.12.4.<\/p>\n<p>9  Appraisal Institute, The Dictionary of Real Estate<br \/>\nAppraisal, 5th ed. (Appraisal Institute, 2010,<br \/>\n122).<\/p>\n<p>10 Creative Stretch Fabrics Ltd. v. Pitt Meadows<br \/>\n(District) (1994), 54 L.C.R. 128, (B.C.E.C.B.).<\/p>\n<p>11  Also applied in McIlwaine v. Saskatchewan,<br \/>\n2000 SKQB 326 (CanLII); Holdom v. British<br \/>\nColumbia Transit (2005), 85 L.C.R. 198, 32<br \/>\nR.P.R. (4th) 58 at para. 93 (B.C.E.C.B.); Lulu<br \/>\nIsland Holdings Ltd. v. GVSDD, 2007 BCSC<br \/>\n938 (CanLII).<\/p>\n<p>12 According to Eaton, in the US, \u201cit is well<br \/>\nsettled, at least within the context of an<br \/>\naction for just compensation under the Fifth<br \/>\nAmendment, injuries to a landowner\u2019s business<br \/>\nare not compensable.\u201d Real Estate Valuation in<br \/>\nLitigation, 2nd ed. (Appraisal Institute, 2005,<br \/>\n58).<\/p>\n<p>13 This is known as the \u2018Edwards Rule,\u2019 and stems<br \/>\nfrom the English Court of Appeal ruling in<br \/>\nEdwards v. Minister of Transportation (1964)<br \/>\n2 Q.B. 135. Not all jurisdictions in Canada<br \/>\nfollow the Edwards Rule. For example, Alberta\u2019s<br \/>\nexpropriation act is not as restrictive as the<br \/>\nEdwards Rule, and compensates for injurious<br \/>\naffection if it results from the taking or from the<br \/>\nconstruction or use of \u201cthe works for which the<br \/>\nland is acquired.\u201d See Landex Investments Ltd. v.<br \/>\nRed Deer (City), 1991 ABCA 199 (CanLII). <\/p>\n<p>14 Todd, The Law of Expropriation and<br \/>\nCompensation in Canada, 2nd ed., 1992,<br \/>\nCarswell Thomson Professional Publishing,<br \/>\np.335.<\/p>\n<p>15  Claims for personal or business damages should<br \/>\nbe addressed separately and not as part of the<br \/>\nvalue of the real property. <\/p>\n<p>16 Ammouri v. Ministry of Transportation, 2008,<br \/>\nOMB Decision LC060014. In Vaness v.<br \/>\nKamloops (City), 2002 BCSC 663 (CanLII),<br \/>\nwhile acknowledging the difference in the<br \/>\nbefore (without the dyke) and after (with the<br \/>\ndyke) valuations is an appropriate measure<br \/>\nof damages, the court rejected the appraiser\u2019s<br \/>\nevidence, which consisted of an analysis of<br \/>\nunrelated waterfront lots province-wide as<br \/>\nthe basis for a 30% depreciation in value. The<br \/>\ncourt awarded a nominal sum of $1,000. The<br \/>\nappraiser was also criticized for exceeding his<br \/>\njurisdiction when he stated that \u201cthe primary<br \/>\nfunction of his appraisal report was to assess the<br \/>\ndamage claim,\u201d a role reserved for the court.<\/p>\n<p>17  Kirk Corson, Rural Settings: Valuation of<br \/>\nPartial Acquisitions and Damages, Right of Way<br \/>\n(May\/June 2008, 18-22).<\/p>\n<p>18 In a 1994 study Determination and<br \/>\nEvaluation of Remainder Characteristics<br \/>\nWhich Significantly Affect Right-of-Way<br \/>\nCosts, prepared by Texas Transportation<br \/>\nInstitute, a survey of various groups,<br \/>\nincluding appraisers and highway<br \/>\nright-of-way government professionals,<br \/>\nranked in order of most importance as<br \/>\nimpacting the quantum of remainder<br \/>\ndamages: 1) change in highest and best<br \/>\nuse; 2) size of remainder; 3) location<br \/>\nof access to abutting highway; 4)<br \/>\ndevelopment capabilities; 5) shape<br \/>\nof remainder; 6) width of remainder<br \/>\nabutting highway; 7) grade level of<br \/>\nabutting highway; and 8) length of<br \/>\nremainder (depth from highway)\/<br \/>\namount of access to abutting highway.<br \/>\nhttp:\/\/d2dtl5nnlpfr0r.cloudfront.net\/tti.<br \/>\ntamu.edu\/documents\/1390-1.pdf. <\/p>\n<p>19 Carol Lansing, and Mark Savin.<br \/>\nAssessing and Mitigating the<br \/>\nZoning Impacts of a Partial Taking,<br \/>\nCondemnation, Zoning and Land Use,<br \/>\n2009 Annual Review, American Bar<br \/>\nAssociation. http:\/\/www.faegrebd.com\/<br \/>\nwebfiles\/lansing_reprint.pdf.  <\/p>\n<p>EDITOR&rsquo;S NOTE: <\/p>\n<p>The remainder of this article can<br \/>\nbe accessed on the Appraisal<br \/>\nInstitute of Canada website at: <\/p>\n<p>www.aicanada.ca\/industry-<br \/>\nresources\/canadian-property-<\/p>\n<p>valuation-magazine\/<\/p>\n<p>Suite 101, 24 Inglewood Drive, St. Albert, AB T8N 6K4<\/p>\n<p>Principal: Jeremy Wasmuth, AACI, P. App., B. Comm<\/p>\n<p>Tel: (780) 424-8856  \u2022  Fax: (587) 290-2267<br \/>\nEmail: jwasmuth@crvg.com<\/p>\n<p>Email: jeremy.wasmuth@crvg.com<\/p>\n<p>President: John F. Wasmuth, AACI, P. App., P. Ag.<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 15Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>http:\/\/d2dtl5nnlpfr0r.cloudfront.net\/tti.tamu.edu\/documents\/1390-1.pdf<br \/>\nhttp:\/\/www.faegrebd.com\/webfiles\/lansing_reprint.pdf<br \/>\nhttp:\/\/www.aicanada.ca\/industry-resources\/canadian-property-valuation-magazine\/<br \/>\nwww.crvg.com<br \/>\nmailto:jwasmuth@crvg.com<br \/>\nmailto:jeremy.wasmuth@crvg.com<\/p>\n<p>R\u00c9SUM\u00c9<br \/>\nCe document se propose d\u2019informer les<br \/>\n\u00e9valuateurs et les professionnels de<br \/>\nl\u2019immobilier au sujet des difficult\u00e9s que<br \/>\npr\u00e9sentent l\u2019\u00e9valuation de biens expropri\u00e9s<br \/>\net les proc\u00e9dures n\u00e9cessaires pour \u00e9tayer les<br \/>\nopinions quant \u00e0 la valeur d\u2019une expropriation<br \/>\npartielle. Le propri\u00e9taire d\u2019un bien expropri\u00e9 a<br \/>\ndroit \u00e0 la valeur marchande du terrain qui lui est<br \/>\nenlev\u00e9 plus toute diminution de valeur subie par<br \/>\nle r\u00e9sidu. D\u00e9pendamment de la nature et de la<br \/>\nport\u00e9e de l\u2019expropriation, y compris des travaux<br \/>\npublics1, la valeur du terrain r\u00e9siduel peut \u00eatre<br \/>\naffect\u00e9e. L\u2019ampleur des r\u00e9percussions sur la<br \/>\nvaleur est fonction de la d\u00e9termination \u00e0 savoir<br \/>\nsi le terrain qui n\u2019est pas expropri\u00e9 est un r\u00e9sidu<br \/>\nviable ou non viable. Apr\u00e8s une expropriation<br \/>\npartielle, le r\u00e9sidu constitue un bien immobilier<br \/>\nenti\u00e8rement nouveau qui exige la pr\u00e9paration<br \/>\nd\u2019une \u00e9valuation distincte autonome et<br \/>\nind\u00e9pendante de l\u2019\u00e9valuation du bien original.<\/p>\n<p>Les expropriations exigent fr\u00e9quemment l\u2019ex\u00e9cution de travaux publics. Les \u00e9valuations se doivent d\u2019aider \u00e0 quantifier la<br \/>\nr\u00e9mun\u00e9ration \u00e0 laquelle un propri\u00e9taire<br \/>\nfoncier a droit. Dans l\u2019expropriation<br \/>\nd\u2019un bien,2 une expropriation partielle<br \/>\nlaisse toujours derri\u00e8re elle un bien<br \/>\nnon expropri\u00e9. Le terrain non acquis<br \/>\npeut poss\u00e9der divers degr\u00e9s d\u2019utilit\u00e9,<br \/>\nd\u00e9pendamment de la nature et des<br \/>\ncaract\u00e9ristiques du terrain, de la<br \/>\npr\u00e9sence et du type de toutes les<br \/>\nam\u00e9liorations et de la relation spatiale<br \/>\ndu terrain avec le bien-fonds attenant,<br \/>\ny compris la partie expropri\u00e9e. Le<br \/>\nterrain qui n\u2019est pas acquis lors de<br \/>\nl\u2019expropriation d\u2019un bien est ce qu\u2019on<br \/>\nappelle le r\u00e9sidu. Une expropriation<br \/>\npartielle qui cause une disjonction<br \/>\naura toujours plus d\u2019un r\u00e9sidu.<\/p>\n<p>Tout r\u00e9sidu devrait \u00eatre<br \/>\ntrait\u00e9 comme un nouveau bien-<br \/>\nfonds exigeant une \u00e9valuation<br \/>\npr\u00e9par\u00e9e ind\u00e9pendamment de<br \/>\nl\u2019\u00e9valuation avant l\u2019expropriation.3<br \/>\nLes principes d\u2019\u00e9valuation<br \/>\nutilis\u00e9s dans l\u2019\u00e9valuation initiale<br \/>\ndevraient aussi \u00eatre appliqu\u00e9s \u00e0<br \/>\nl\u2019\u00e9valuation du r\u00e9sidu, y compris<br \/>\nl\u2019identification de la plus grosse<br \/>\nparcelle comme faisant partie de<br \/>\nl\u2019analyse de l\u2019utilisation optimale<br \/>\ndu r\u00e9sidu. Toutefois, les deux<br \/>\n\u00e9valuations doivent se conformer aux<br \/>\ndispositions pertinentes de la loi sur<br \/>\nl\u2019expropriation en vigueur, faisant<br \/>\nabstraction du projet quand il y a<br \/>\nlieu de le faire.4 <\/p>\n<p>On d\u00e9finit un r\u00e9sidu comme<br \/>\n\u00ab la portion d\u2019une plus grosse<br \/>\nparcelle demeurant la propri\u00e9t\u00e9 <\/p>\n<p>EXPROPRIATION<br \/>\nPARTIELLE :<br \/>\nLE R\u00c9SIDU<br \/>\nPAR TONY SEVELKA, AACI, P.APP<\/p>\n<p>Apr\u00e8s une expropriation partielle, le r\u00e9sidu constitue un bien<br \/>\nimmobilier enti\u00e8rement nouveau qui exige la pr\u00e9paration d\u2019une \u00e9valuation<br \/>\ndistincte autonome et ind\u00e9pendante de l\u2019\u00e9valuation du bien original.&nbsp;&raquo;<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201416 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>du propri\u00e9taire foncier apr\u00e8s une<br \/>\nexpropriation partielle. \u00bb5 Un autre<br \/>\nterme proche est celui de restant,<br \/>\nqu\u2019on d\u00e9finit comme \u00ab un r\u00e9sidu ayant<br \/>\nune utilit\u00e9 ou valeur \u00e9conomique<br \/>\nn\u00e9gligeable \u00e0 cause de sa taille, sa<br \/>\nforme, [son emplacement] ou d\u2019autres<br \/>\ncaract\u00e9ristiques pr\u00e9judiciables; aussi<br \/>\nappel\u00e9 r\u00e9sidu non rentable ou restant<br \/>\nnon rentable. \u00bb6 <\/p>\n<p>Il existe deux types de r\u00e9sidus en<br \/>\nexpropriation fonci\u00e8re. Dans le pr\u00e9sent<br \/>\ndocument, ils sont d\u00e9sign\u00e9s comme<br \/>\nr\u00e9sidus viables et r\u00e9sidus non viables.<br \/>\nUn r\u00e9sidu viable est un r\u00e9sidu vendable<br \/>\ncomme entit\u00e9 autonome. Un r\u00e9sidu non<br \/>\nviable est essentiellement l\u2019\u00e9quivalent<br \/>\nd\u2019un restant ou d\u2019un r\u00e9sidu non rentable<br \/>\nou d\u2019un restant non rentable, termes<br \/>\nd\u2019usage commun dans les juridictions<br \/>\naux \u00c9.-U.<\/p>\n<p>Pour qu\u2019un r\u00e9sidu ait une valeur,<br \/>\nil doit poss\u00e9der quatre facteurs<br \/>\n\u00e9conomiques :7 (1) une demande (il doit<br \/>\n\u00eatre d\u00e9sir\u00e9; moins il y a d\u2019acheteurs, plus<br \/>\nla demande est faible); (2) une utilit\u00e9<br \/>\n(les acheteurs doivent pouvoir l\u2019utiliser);<br \/>\n(3) une raret\u00e9 (il doit \u00eatre relativement<br \/>\nrare, parce qu\u2019un exc\u00e9dent d\u2019offre fait<br \/>\nbaisser le prix); (4) pouvoir d\u2019achat<br \/>\n(il doit y avoir une capacit\u00e9 financi\u00e8re<br \/>\nd\u2019acheter; une baisse du nombre<br \/>\nd\u2019acheteur fait baisser le prix).<\/p>\n<p>Les \u00e9valuateurs sont appel\u00e9s par<br \/>\nles autorit\u00e9s expropriantes et par les<br \/>\npropri\u00e9taires concern\u00e9s \u00e0 pr\u00e9parer des<br \/>\n\u00e9valuations en conformit\u00e9 du cadre<br \/>\nl\u00e9gislatif.8 Le r\u00f4le de l\u2019\u00e9valuateur<br \/>\nconsiste \u00e0 faire une enqu\u00eate afin<br \/>\nde d\u00e9gager l\u2019ensemble des facteurs<br \/>\n\u00e9conomiques pertinents et d\u2019\u00e9laborer<br \/>\ndes opinions bien \u00e9tay\u00e9es sur la valeur <\/p>\n<p>\u00e0 l\u2019int\u00e9rieur de ce cadre l\u00e9gislatif. Ce<br \/>\ntravail exige une bonne compr\u00e9hension<br \/>\ndes proc\u00e9dures d\u2019\u00e9valuation s\u2019appliquant<br \/>\nuniquement \u00e0 l\u2019expropriation.<\/p>\n<p>VALEUR MARCHANDE<br \/>\nLa valeur marchande \u00e9tant le point<br \/>\nde mire de la plupart des t\u00e2ches<br \/>\nd\u2019\u00e9valuation, une d\u00e9finition \u00e9conomique<br \/>\net une d\u00e9finition juridique ont \u00e9t\u00e9<br \/>\n\u00e9labor\u00e9es. La d\u00e9finition \u00e9conomique<br \/>\nde la valeur marchande que donne<br \/>\nl\u2019Appraisal Institute est : \u00ab Le prix le<br \/>\nplus probable auquel l\u2019int\u00e9r\u00eat foncier<br \/>\nsp\u00e9cifi\u00e9 devrait se vendre sur un march\u00e9<br \/>\nde concurrence apr\u00e8s une p\u00e9riode<br \/>\nd\u2019exposition raisonnable, \u00e0 une date<br \/>\ndonn\u00e9e, en esp\u00e8ces ou selon des termes<br \/>\n\u00e9quivalents, dans toutes les conditions<br \/>\nrequises pour l\u2019obtention d\u2019un prix de<br \/>\nvente \u00e9quitable, l\u2019acheteur et le vendeur<br \/>\nagissant avec prudence, en connaissance<br \/>\nde cause, dans leur propre int\u00e9r\u00eat et<br \/>\nsans contrainte. \u00bb9 Une \u00e9valuation<br \/>\npr\u00e9par\u00e9e aux fins d\u2019une expropriation<br \/>\nexige une d\u00e9finition juridique de la<br \/>\nvaleur marchande extraite de la loi sur<br \/>\nl\u2019expropriation aff\u00e9rente. Par exemple,<br \/>\nen Ontario, le paragraphe 14(1) de<br \/>\nla Loi sur l\u2019expropriation d\u00e9finit la<br \/>\nvaleur marchande comme : \u00ab La valeur<br \/>\nmarchande d\u2019un bien-fonds expropri\u00e9<br \/>\ncorrespond \u00e0 la somme qu\u2019il rapporterait<br \/>\nvraisemblablement s\u2019il \u00e9tait vendu sur le<br \/>\nmarch\u00e9 libre par un vendeur consentant<br \/>\n\u00e0 un acheteur consentant. \u00bb<\/p>\n<p>Une opinion sur la valeur<br \/>\nmarchande d\u2019un bien-fonds doit se<br \/>\nfonder sur l\u2019utilisation optimale.10<br \/>\nL\u2019utilisation optimale est la question<br \/>\nde fait fondamentale \u00e0 laquelle on doit<br \/>\nr\u00e9pondre avant qu\u2019un \u00e9valuateur puisse <\/p>\n<p>offrir une opinion quant \u00e0 la valeur<br \/>\nmarchande.11 Tous les aspects pertinents<br \/>\nde l\u2019analyse de l\u2019utilisation optimale qui<br \/>\ns\u2019appliquent au bien-fonds expropri\u00e9<br \/>\ndoivent \u00eatre examin\u00e9s et suffisamment<br \/>\ndocument\u00e9s pour appuyer l\u2019opinion sur<br \/>\nla valeur marchande.<\/p>\n<p>L\u2019\u00e9valuateur a pour premier objectif<br \/>\nd\u2019\u00e9laborer des opinions fond\u00e9es sur des<br \/>\nfaits quant \u00e0 la valeur marchande, mais<br \/>\nla valeur marchande ne s\u2019applique pas<br \/>\ndans un march\u00e9 bilat\u00e9ral. On entend<br \/>\npar march\u00e9 bilat\u00e9ral un march\u00e9 dans<br \/>\nlequel un seul vendeur est confront\u00e9 par<br \/>\nun seul acheteur. En pareille situation,<br \/>\nla valeur d\u2019un r\u00e9sidu non viable est<br \/>\naffect\u00e9e par l\u2019interd\u00e9pendance du r\u00e9sidu<br \/>\nnon viable et d\u2019un bien-fonds attenant<br \/>\nappartenant \u00e0 un autre propri\u00e9taire,<br \/>\ncombin\u00e9 pour former une seule plus<br \/>\ngrosse parcelle. Le transfert d\u2019une<br \/>\npropri\u00e9t\u00e9 dans de telles conditions<br \/>\nne satisfait pas au test de la valeur <\/p>\n<p>Pour qu\u2019un r\u00e9sidu ait une valeur, il doit<br \/>\nposs\u00e9der quatre facteurs \u00e9conomiques :  <\/p>\n<p>(1) une demande, (2) une utilit\u00e9,<br \/>\n(3) une raret\u00e9, (4) pouvoir d\u2019achat.&nbsp;&raquo;<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 17Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>marchande, ce test supposant un march\u00e9<br \/>\nactif comptant plusieurs acheteurs et<br \/>\nvendeurs et offrant un choix de bien-<br \/>\nfonds disponibles.<\/p>\n<p>La valeur marchande ne s\u2019applique<br \/>\npas \u00e0 un r\u00e9sidu non viable, parce que<br \/>\nce dernier n\u2019a pas d\u2019utilisation optimale<br \/>\nind\u00e9pendante. La valeur d\u2019un r\u00e9sidu<br \/>\nnon viable se rattache plut\u00f4t \u00e0 la valeur<br \/>\nmarchande d\u2019une plus grosse parcelle par<br \/>\nvoie de \u00ab valeur contributive \u00bb. La valeur<br \/>\ncontributive se mesure en termes de<br \/>\nmontant que le r\u00e9sidu non viable ajoute<br \/>\n\u00e0 la valeur de la parcelle plus grosse ou<br \/>\nde montant que l\u2019absence du r\u00e9sidu non<br \/>\nviable soustrait de la valeur de la parcelle<br \/>\nplus grosse. <\/p>\n<p>EFFET PR\u00c9JUDICIABLE<br \/>\nL\u2019effet pr\u00e9judiciable, parfois appel\u00e9<br \/>\ndommages r\u00e9siduels, repr\u00e9sente la<br \/>\nperte de valeur subie par un r\u00e9sidu lors<br \/>\nde l\u2019expropriation d\u2019un bien-fonds.<br \/>\nL\u2019article 1 de la Loi sur l\u2019expropriation de<br \/>\nl\u2019Ontario pr\u00e9cise qu\u2019un effet pr\u00e9judiciable<br \/>\nse produit :<\/p>\n<p>(a) lorsqu\u2019une autorit\u00e9 l\u00e9galement<br \/>\ncomp\u00e9tente acquiert une partie du<br \/>\nbien-fonds d\u2019un propri\u00e9taire :<br \/>\n(i) d\u2019une part, de la diminution de <\/p>\n<p>la valeur marchande de la partie<br \/>\nrestante du bien-fonds du pro-<br \/>\npri\u00e9taire qui est caus\u00e9e par cette<br \/>\nacquisition, par la construction<br \/>\nd\u2019ouvrages sur le bien-fonds, par<br \/>\nl\u2019utilisation des ouvrages qui s\u2019y<br \/>\ntrouvent ou par toute combinai-<br \/>\nson de ces \u00e9l\u00e9ments, <\/p>\n<p>(ii) d\u2019autre part, des dommages<br \/>\npersonnels et commerciaux qui<br \/>\nr\u00e9sultent de la construction ou<br \/>\nde l\u2019utilisation des ouvrages, ou<br \/>\nde ces deux \u00e9l\u00e9ments \u00e0 la fois, et <\/p>\n<p>dont l\u2019autorit\u00e9 l\u00e9galement com-<br \/>\np\u00e9tente serait tenue responsable<br \/>\nsi cette construction ou cette<br \/>\nutilisation n\u2019\u00e9taient pas autoris\u00e9es<br \/>\naux termes d\u2019une loi.12 <\/p>\n<p>Pour que soit accueillie la r\u00e9clamation<br \/>\ndu propri\u00e9taire d\u2019un bien-fonds en vertu<br \/>\nde l\u2019effet pr\u00e9judiciable d\u00e9coulant d\u2019une<br \/>\nexpropriation, il doit \u00eatre d\u00e9montr\u00e9 que<br \/>\nl\u2019expropriation partielle a provoqu\u00e9 un<br \/>\nchangement \u00e0 la valeur du r\u00e9sidu. En<br \/>\ng\u00e9n\u00e9ral, les crit\u00e8res suivants doivent<br \/>\ns\u2019appliquer pour qu\u2019un effet pr\u00e9judicia-<br \/>\nble soit reconnu : (1) le r\u00e9sidu doit \u00eatre<br \/>\n\u00ab d\u00e9tenu avec \u00bb le terrain expropri\u00e9; (2) la<br \/>\nperte de valeur potentielle du r\u00e9sidu doit<br \/>\n\u00eatre occasionn\u00e9e par l\u2019utilisation ou la<br \/>\nconstruction des travaux publics pr\u00e9vus<br \/>\neffectu\u00e9s par l\u2019autorit\u00e9 expropriante sur le<br \/>\nterrain expropri\u00e9;13 (3) la perte de valeur<br \/>\npotentielle du r\u00e9sidu doit ne pas \u00eatre trop<br \/>\n\u00e9loign\u00e9e;14 (4) la perte de valeur potenti-<br \/>\nelle du r\u00e9sidu doit \u00eatre permanente plut\u00f4t<br \/>\nque temporaire.15 Tant que le terrain<br \/>\nexpropri\u00e9 (la partie expropri\u00e9e) fait partie<br \/>\nd\u2019un seul bien foncier et reli\u00e9 de fa\u00e7on<br \/>\ntellement inextricable au r\u00e9sidu qu\u2019il<br \/>\nen diminue l\u2019utilisation ou la qualit\u00e9<br \/>\nmarchande courante ou potentielle, le<br \/>\npropri\u00e9taire foncier a droit \u00e0 une indem-<br \/>\nnisation du pr\u00e9judice cons\u00e9quent subi par<br \/>\nla partie non expropri\u00e9e.<\/p>\n<p>Une valeur marchande apr\u00e8s expro-<br \/>\npriation qui est moindre que la valeur<br \/>\nmarchande avant expropriation, mois la<br \/>\nvaleur contributive de la partie expro-<br \/>\npri\u00e9e, sugg\u00e8re que le r\u00e9sidu a subi un<br \/>\npr\u00e9judice (c.-\u00e0-d., a subi une perte de<br \/>\nvaleur disproportionn\u00e9e). Cependant,<br \/>\nl\u2019effet pr\u00e9judiciable doit \u00eatre prouv\u00e9 par<br \/>\ndes exercices d\u2019\u00e9valuation ind\u00e9pendants,<br \/>\nmutuellement exclusifs et objectifs qui<br \/>\nne sont pas biais\u00e9s par une pr\u00e9somption <\/p>\n<p>de dommages. Comme l\u2019a indiqu\u00e9 la<br \/>\nCommission dans Ammouri,16 en rejetant<br \/>\nla position prise par l\u2019un des \u00e9valuateurs :<br \/>\n\u00ab Son approche dans cette affaire suppose<br \/>\nun effet pr\u00e9judiciable de fait auquel il a<br \/>\nensuite appliqu\u00e9 les constatations de son<br \/>\n\u00e9tude pour en arriver \u00e0 une quantifica-<br \/>\ntion. L\u2019effet pr\u00e9judiciable n\u2019est pas une<br \/>\ncons\u00e9quence axiomatique d\u2019une expropri-<br \/>\nation\u2026. [Son] analyse dans cette affaire<br \/>\nle laisse entendre. Il a mis la charrue<br \/>\ndevant les b\u0153ufs et la Commission juge<br \/>\nque, ce faisant, il n\u2019a pas d\u00e9montr\u00e9 la<br \/>\npr\u00e9sence d\u2019un effet pr\u00e9judiciable dans<br \/>\nces circonstances. \u00bb<\/p>\n<p>D\u2019innombrables facteurs juridiques,<br \/>\nphysiques et \u00e9conomiques peuvent<br \/>\ninfluer sur la valeur marchande d\u2019un<br \/>\nr\u00e9sidu. Les facteurs et leur importance<br \/>\nvarient selon le type de propri\u00e9t\u00e9, son<br \/>\nutilisation r\u00e9elle ou potentielle et la<br \/>\npr\u00e9sence d\u2019am\u00e9liorations. Les facteurs<br \/>\nqui affectent des biens-fonds ruraux17<br \/>\nsont souvent diff\u00e9rents de ceux qui<br \/>\naffectent les bien-fonds urbains. Certains<br \/>\ndes facteurs potentiels qui peuvent avoir<br \/>\nune incidence sur la valeur d\u2019un r\u00e9sidu18<br \/>\ncomprennent les restrictions de titre,<br \/>\nservitudes, exposition, accessibilit\u00e9,<br \/>\nconfiguration, dimensions et taille du<br \/>\nlot, topographie, drainage, production<br \/>\nde cultures, baisse d\u2019utilit\u00e9 des<br \/>\nam\u00e9liorations existantes, augmentation<br \/>\ndes co\u00fbts fixes, non-conformit\u00e9 aux<br \/>\ndispositions de zonage19 et changement<br \/>\nde l\u2019utilisation optimale.<\/p>\n<p>Le moment et la nature des travaux<br \/>\npublics pour lesquels l\u2019expropriation du<br \/>\nbien-fonds est entreprise peut aussi avoir<br \/>\ndes r\u00e9percussions sur la valeur du r\u00e9sidu \u00e0<br \/>\ncause de la valeur temporaire de l\u2019argent<br \/>\net selon que lesdits travaux publics lim-<br \/>\nitent ou rehaussent l\u2019utilit\u00e9 du r\u00e9sidu. <\/p>\n<p>EXPROPRIATION PARTIELLE : LE R\u00c9SIDU<\/p>\n<p>D\u2019innombrables facteurs juridiques, physiques et<br \/>\n\u00e9conomiques peuvent influer sur la valeur marchande d\u2019un r\u00e9sidu.&nbsp;&raquo;<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201418 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>NOTES<br \/>\n1  Travaux publics d\u00e9finis comme \u00ab structures, <\/p>\n<p>chemins, digues, ou bureaux de poste, pay\u00e9s<br \/>\npar le gouvernement \u00e0 des fins d\u2019utilisation<br \/>\npublique \u00bb, http:\/\/dictionary.reference.com\/<br \/>\nbrowse\/public+works.<\/p>\n<p>2  Contrairement aux \u00c9.-U., o\u00f9 le Cinqui\u00e8me<br \/>\namendement \u00e0 la Constitution pr\u00e9voit que :<br \/>\n\u00ab on ne peut utiliser la propri\u00e9t\u00e9 priv\u00e9e \u00e0 des<br \/>\nfins publiques sans indemnisation \u00e9quitable \u00bb,<br \/>\nau Canada, aucun propri\u00e9taire d\u2019un terrain<br \/>\nexpropri\u00e9 par statut \u00e0 des fins publiques a<br \/>\ndroit \u00e0 une indemnisation. Par cons\u00e9quent,<br \/>\nau Canada, le gouvernement f\u00e9d\u00e9ral et chaque<br \/>\nprovince et territoire a adopt\u00e9 diverses lois<br \/>\nr\u00e9gissant l\u2019expropriation qui d\u00e9finissent les<br \/>\n\u00e9l\u00e9ments d\u2019indemnisation en s\u2019appuyant sur<br \/>\nl\u2019hypoth\u00e8se qu\u2019il y aura indemnisation pour<br \/>\nexpropriation \u00e0 moins d\u2019interdiction expresse.<\/p>\n<p>3  Dans Gardiner Burton Agencies Ltd. c.<br \/>\nNova Scotia Power Corp. (1986) NSCA, la<br \/>\nd\u00e9cision de la cour fait ressortir que la valeur<br \/>\n\u00ab apr\u00e8s expropriation \u00bb doit \u00eatre estim\u00e9e<br \/>\nind\u00e9pendamment, le r\u00e9sultat \u00e9tant d\u00e9duit<br \/>\nde la valeur \u00ab avant expropriation \u00bb pour<br \/>\nd\u00e9terminer le montant de l\u2019indemnisation<br \/>\ncaus\u00e9e par l\u2019effet pr\u00e9judiciable.<\/p>\n<p>4  Le projet repr\u00e9sente l\u2019utilisation publique<br \/>\npr\u00e9vue sur laquelle repose la n\u00e9cessit\u00e9 ou<br \/>\nla justification d\u2019une expropriation. En<br \/>\n\u00e9valuant le bien-fonds avant l\u2019expropriation,<br \/>\non n\u2019ignore pas l\u2019influence du projet. Apr\u00e8s<br \/>\nl\u2019expropriation, la valeur du r\u00e9sidu prend en<br \/>\ncompte l\u2019influence du projet et tout avantage<br \/>\nsp\u00e9cial en d\u00e9coulant. Voir Windsor (ville) c.<br \/>\nPaciorka Leaseholds Limited, 2012 ONCA 431<br \/>\n(CanLII). Autorisation d\u2019appel rejet\u00e9e par la<br \/>\nCour supr\u00eame du Canada. <\/p>\n<p>5  Appraisal Institute, The Dictionary of Real<br \/>\nEstate Appraisal, 5e \u00e9dition (Appraisal<br \/>\nInstitute, 2010, p. 166).<\/p>\n<p>6  Appraisal Institute, The Dictionary of Real<br \/>\nEstate Appraisal, 5e \u00e9dition (Appraisal<br \/>\nInstitute, 2010, p. 167). <\/p>\n<p>7  Appraisal Institute, The Appraisal of Real<br \/>\nEstate, 13e \u00e9dition (Appraisal Institute,<br \/>\n2008, p. 15).<\/p>\n<p>8  \u00ab Les \u00e9valuations r\u00e9alis\u00e9es \u00e0 des fins<br \/>\nd\u2019expropriation peuvent comprendre des<br \/>\nconditions hypoth\u00e9tiques et peuvent exiger<br \/>\nque l\u2019\u00e9valuateur invoque une exception<br \/>\njuridictionnelle. [v. 3.6] \u00bb NUPPEC, en<br \/>\nvigueur le 1er janvier 2012, Norme relative<br \/>\naux activit\u00e9s d\u2019\u00e9valuation 7.12.4.<\/p>\n<p>9  Appraisal Institute, The Dictionary of Real<br \/>\nEstate Appraisal, 5e \u00e9dition (Appraisal<br \/>\nInstitute, 2010, 122).<\/p>\n<p>10  Creative Stretch Fabrics Ltd. v. Pitt<br \/>\nMeadows (District) (1994), 54 L.C.R. 128,<br \/>\n(B.C.E.C.B.).<\/p>\n<p>11  Aussi appliqu\u00e9e dans McIlwaine c.<br \/>\nSaskatchewan, 2000 SKQB 326 (CanLII);<br \/>\nHoldom c. British Columbia Transit (2005),<br \/>\n85 L.C.R. 198, 32 R.P.R. (4e) 58 au para.<br \/>\n93 (B.C.E.C.B.); Lulu Island Holdings Ltd. c.<br \/>\nGVSDD, 2007 BCSC 938 (CanLII).<\/p>\n<p>12 Selon Eaton, aux \u00c9.-U., \u00ab il est clairement<br \/>\n\u00e9tabli, du moins dans le contexte d\u2019une<br \/>\npoursuite pour indemnisation \u00e9quitable en<br \/>\nvertu du Cinqui\u00e8me amendement, que les<br \/>\npr\u00e9judices aux affaires d\u2019un propri\u00e9taire<br \/>\nfoncier ne sont pas indemnisables. \u00bb Real<br \/>\nEstate Valuation in Litigation, 2e \u00e9dition<br \/>\n(Appraisal Institute, 2005, 58).<\/p>\n<p>13 Cette mesure, connue sous le nom<br \/>\nd\u2019Edwards Rule, provient d\u2019une d\u00e9cision<br \/>\nde la Cour d\u2019appel anglaise dans l\u2019affaire<br \/>\nEdwards c. Minister of Transportation (1964)<br \/>\n2 Q.B. 135. Les juridictions au Canada<br \/>\nne suivent pas toutes la Edwards Rule.<br \/>\nPar exemple, la loi sur l\u2019expropriation de<br \/>\nl\u2019Alberta n\u2019est pas aussi restrictive que la<br \/>\nEdwards Rule et pr\u00e9voit une indemnisation<br \/>\npour effet pr\u00e9judiciable si elle r\u00e9sulte de<br \/>\nl\u2019expropriation ou de la construction ou<br \/>\nde l\u2019utilisation \u00ab des travaux pour lesquels<br \/>\nle terrain a \u00e9t\u00e9 acquis \u00bb. Voir Landex<br \/>\nInvestments Ltd. c. Red Deer (ville), 1991<br \/>\nABCA 199 (CanLII). <\/p>\n<p>14 Todd, \u00ab The Law of Expropriation and<br \/>\nCompensation in Canada \u00bb, 2e \u00e9dition,<br \/>\n1992, Carswell Thomson Professional<br \/>\nPublishing, p.335.<\/p>\n<p>15 Les r\u00e9clamations pour dommages personnels ou<br \/>\nd\u2019affaires devraient \u00eatre abord\u00e9es s\u00e9par\u00e9ment et<br \/>\nnon comme partie de la valeur du bien r\u00e9el. <\/p>\n<p>16 Ammouri c. Ministry of Transportation, 2008,<br \/>\nD\u00e9cision OMB LC060014. Dans Vaness c.<br \/>\nKamloops (ville), 2002 BCSC 663 (CanLII),<br \/>\ntout en reconnaissant que la diff\u00e9rence entre<br \/>\nles \u00e9valuations avant (sans la digue) et apr\u00e8s<br \/>\n(avec la digue) est une fa\u00e7on convenable de<br \/>\nmesurer les dommages, la cour a rejet\u00e9 la<br \/>\npreuve avanc\u00e9e par l\u2019\u00e9valuateur qui consistait<br \/>\nen une analyse des lots riverains ind\u00e9pendants<br \/>\n\u00e0 l\u2019\u00e9chelle de la province comme justification<br \/>\nd\u2019une d\u00e9pr\u00e9ciation de 30 % de la valeur. La<br \/>\ncour a accord\u00e9 une somme nominale de 1 000<br \/>\n$. L\u2019\u00e9valuateur a aussi \u00e9t\u00e9 r\u00e9primand\u00e9 pour<br \/>\navoir outrepass\u00e9 son domaine de comp\u00e9tence<br \/>\nen d\u00e9clarant la fonction dans son rapport<br \/>\nd\u2019\u00e9valuation d\u2019\u00e9valuer la r\u00e9clamation des<br \/>\ndommages \u00bb, r\u00f4le qui est r\u00e9serv\u00e9 \u00e0 la cour.<\/p>\n<p>17  Kirk Corson, \u00ab Rural Settings: Valuation of<br \/>\nPartial Acquisitions and Damages \u00bb, Right of<br \/>\nWay (mai-juin 2008, 18-22).<\/p>\n<p>18  Dans une \u00e9tude de 1994 \u00ab Determination<br \/>\nand Evaluation of Remainder Characteristics<br \/>\nWhich Significantly Affect Right-of-Way<br \/>\nCosts \u00bb, pr\u00e9par\u00e9e par le Texas Transportation<br \/>\nInstitute, une enqu\u00eate aupr\u00e8s de divers groupes,<br \/>\ny compris des \u00e9valuateurs et professionnels<br \/>\ngouvernementaux des droits de passage, a class\u00e9<br \/>\npar ordre d\u2019importance l\u2019impact des dommages<br \/>\naux r\u00e9sidus comme suit : 1) changement de<br \/>\nl\u2019utilisation optimale; 2) taille du r\u00e9sidu;<br \/>\n3) emplacement de l\u2019acc\u00e8s \u00e0 la route attenante;<br \/>\n4) capacit\u00e9s de d\u00e9veloppement; 5) taille<br \/>\ndu r\u00e9sidu; 6) largeur du r\u00e9sidu sur la route<br \/>\nattenante; 7) hauteur de la route attenante;<br \/>\n8) longueur du r\u00e9sidu (profondeur)\/nombre<br \/>\nd\u2019acc\u00e8s \u00e0 la route. http:\/\/d2dtl5nnlpfr0r.<br \/>\ncloudfront.net\/tti.tamu.edu\/documents\/1390-1.pdf.<\/p>\n<p>19  Carol Lansing et Mark Savin. \u00ab Assessing and<br \/>\nMitigating the Zoning Impacts of a Partial<br \/>\nTaking \u00bb Condemnation, Zoning and Land<br \/>\nUse, 2009 Annual Review, American Bar<br \/>\nAssociation. http:\/\/www.faegrebd.com\/webfiles\/<br \/>\nlansing_reprint.pdf. <\/p>\n<p>NOTE DE LA R\u00c9DACTION : <\/p>\n<p>la suite de cet article est accessible \u00e0 m\u00eame le site Web de l\u2019Institut canadien des \u00e9valuateurs \u00e0 l\u2019adresse : <\/p>\n<p>www.aicanada.ca\/industry-resources\/canadian-property-valuation-magazine\/<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 19Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>http:\/\/dictionary.reference.com\/browse\/public+works<br \/>\nhttp:\/\/d2dtl5nnlpfr0r.cloudfront.net\/tti.tamu.edu\/documents\/1390-1.pdf<br \/>\nhttp:\/\/www.faegrebd.com\/webfiles\/lansing_reprint.pdf<br \/>\nhttp:\/\/www.aicanada.ca\/industry-resources\/canadian-property-valuation-magazine\/<\/p>\n<p>In December 2012, Ottawa City Council awarded the contract to design, build, finance and maintain the first leg of Ottawa\u2019s Light Rail Transit system \u2013 the<br \/>\nConfederation Line \u2013 to the Rideau Transit Group (RTG).<\/p>\n<p>The $2.13 billion Confederation Line is the largest<br \/>\ninfrastructure project in the City of Ottawa since the construction<br \/>\nof the Rideau Canal. When complete and operational in 2018,<br \/>\nthe Confederation Line (www.confederationline.ca) will provide<br \/>\nrapid and high-quality transit service from the Tunney\u2019s Pasture<br \/>\nMixed Use Center\/employment node in the west to Blair<br \/>\nStation Mixed use Center\/employment node in the east. This<br \/>\n12.5-kilometre, 13-station electric Light Rail Transit (LRT)<br \/>\nsystem includes a 2.5-km tunnel to address the increasingly severe<br \/>\nbus bottleneck through the downtown core that slows service and<br \/>\nchallenges the reliability of the City\u2019s transit system. <\/p>\n<p>The project is part of the City\u2019s overarching and long-<br \/>\nterm smart-growth objectives laid out in the Official Plan,<br \/>\nTransportation Master Plan, and Infrastructure Master Plan.<br \/>\nTogether, these plans call for the creation of densified, mixed-<br \/>\nuse neighbourhoods surrounding Confederation Line stations.<\/p>\n<p>This article reviews the real property challenges associated<br \/>\nwith a project of this magnitude along with developing<br \/>\nTransit Oriented Development (TOD) and other initiatives<br \/>\nto support intensification.<\/p>\n<p>Securing property for the Confederation Line<br \/>\nThe property requirements for the Confederation Line<br \/>\nconsist of four components:<\/p>\n<p>1) Confederation Line \u2013 guideway and stations<br \/>\n2) Integrated station entrances and  <\/p>\n<p>Business Development Strategy (BDS)<br \/>\n3) Maintenance and Storage Facility (MSF)<br \/>\n4) Easements for Hydro Ottawa<\/p>\n<p>Confederation Line<br \/>\nThe Confederation Line, except for the tunnel section, is a<br \/>\nconversion of the City\u2019s surface Bus Rapid Transit Network<br \/>\n(BRT) and, therefore, exists mostly within the City\u2019s right of<br \/>\nway. A range of real estate acquisitions were required to permit<br \/>\nthe construction, future operation and maintenance of the<br \/>\nConfederation Line, including the acquisition of fee simple<br \/>\ninterests, easements (permanent and temporary), licenses and<br \/>\nencroachment permits. Many of these have been stratified to<br \/>\nseparate our surface, subsurface and aerial rights, as required<br \/>\nto address complexities in property acquisition for tunnel<br \/>\nconstruction through the downtown.<\/p>\n<p>Public lands represent approximately 75% of the property<br \/>\nrequirements for the Confederation Line. The vast majority of<br \/>\nthese lands have been secured through complex Memorandums<br \/>\nof Understanding (MOUs) with federal, provincial and other<br \/>\ninstitutional landowners such as Parks Canada, Public Works<br \/>\nand Government Services Canada, the Ontario Ministry of<br \/>\nTransportation, the University of Ottawa and the National<br \/>\nCapital Commission (NCC). Since a municipality does not<br \/>\nhave the power to expropriate federal or provincial land,<br \/>\ndetailed and multi-faceted processes were required to secure<br \/>\nthe right of way. While these complex negotiations presented<br \/>\nmany challenges, they also provided the City an opportunity<br \/>\nto resolve outstanding property issues with the NCC dating<br \/>\nback to the 1980\u2019s relating to the construction of the bus<br \/>\nrapid transitway.<\/p>\n<p>REAL PROPERTY<br \/>\nCHALLENGES with  <\/p>\n<p>Ottawa\u2019s largest infrastructure<br \/>\nproject in recent history<\/p>\n<p>By Gordon E. MacNair, AACI, P. App.,<br \/>\nSR\/WA, is Director, Real Estate Partnerships &#038;<br \/>\nDevelopment Office for the City of Ottawa and<br \/>\nthe Secretary and Chief Operating Officer for the<br \/>\nOttawa Community Land Development Corporation<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201420 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>http:\/\/www.confederationline.ca<\/p>\n<p>Some of the property requirements for the Confederation<br \/>\nLine were in private ownership. The majority of these<br \/>\nproperty rights have been secured either through<br \/>\nnegotiated agreements or through the expropriation<br \/>\nprocess. Where construction timing made it necessary<br \/>\nfor the City to initiate expropriation proceedings, the<br \/>\nCity has continued to pursue negotiated settlements<br \/>\nwith expropriated property owners. To date, the<br \/>\nCity has completed two rounds of expropriations<br \/>\nand anticipates moving forward with a third<br \/>\nround in 2014 to secure a number of temporary <\/p>\n<p>working easements should they be required.<br \/>\nFrom a valuation perspective, the acquisition of <\/p>\n<p>subterranean tunnel segments in the downtown core has<br \/>\npresented a range of challenges. Compensation for these<br \/>\ntakings has yet to be settled in some instances; however,<br \/>\nthe City anticipates that factors such as the depth of the<br \/>\nupper limit of the taking, the current use of the properties<br \/>\nat grade, and betterment associated with the construction<br \/>\nof the new transportation infrastructure will continue to<br \/>\nplay a central role in determining the market value of tunnel<br \/>\nsegments and injurious affection to remainder lands, if any.<\/p>\n<p>Wherever possible, the City has attempted to minimize<br \/>\nthe need for property by making strategic use of existing City<br \/>\nproperty for various project requirements such as staging areas<br \/>\nand by entering into targeted agreements for limited property<br \/>\nrights. For example, the City negotiated a five-year lease of a<br \/>\ndowntown surface parking lot that was being held for future<br \/>\ndevelopment. The negotiated agreement provides access for<br \/>\ntunneling equipment in the mid-section of the Confederation<br \/>\nLine tunnel while leaving ownership of the parcel and the future<br \/>\ndevelopment potential of the site with the property owner. <\/p>\n<p>Integrated station entrances<br \/>\nand Business Development Strategy<br \/>\nMaximizing station integration opportunities in the downtown<br \/>\ncore is a critical project element as it creates functional<br \/>\nentrances, business connections and a more desirable<br \/>\ncommuting experience. It also frees up the City right of way<br \/>\non downtown streets creating a more functional public realm<br \/>\nbalancing the needs of transit users, pedestrians and cyclists<br \/>\nwhile providing an opportunity for an improved streetscape.<br \/>\nTherefore, it was an important property acquisition objective to<br \/>\nsecure the property rights for these integrated station entrances. <\/p>\n<p>Complementing this objective, and in recognition of the<br \/>\nCity\u2019s goal to proactively engage private or public participants<br \/>\nto promote \u2018transit oriented developments\u2019 (TOD) and<br \/>\nconnections at or near stations, the City undertook the Business<br \/>\nDevelopment Strategy initiatives in 2008. The first step of<br \/>\nthis process was to send out Requests for Information (RFI)<br \/>\nto private sector businesses and landowners along the tunnel<br \/>\nalignment. City staff also approached numerous landlords,<br \/>\ndevelopers, retailers, landowners and other interested parties to<br \/>\nexplore and promote opportunities to integrate into downtown<br \/>\nstations. We have currently been successful in locating five of<br \/>\nthe six entrances for the three tunnel stations off the right of<br \/>\nway. This strategy resulted in downtown properties connecting <\/p>\n<p>to the Confederation Line underground. Negotiating the<br \/>\nproperty rights required for these entrances proved an<br \/>\ninteresting challenge in order to achieve a potential \u2018win\/win\u2019<br \/>\nscenario for both parties. It was made particularly challenging<br \/>\ninsomuch as acquiring property rights within an existing<br \/>\nbuilding is somewhat unique and uncommon. <\/p>\n<p>Term sheets have been executed with all five owners, with<br \/>\nother documents, such as construction agreements, to follow<br \/>\nat a later date. Three of these entrances will require integrating<br \/>\nwith or accommodation of existing structures such as office,<br \/>\nmixed use and shopping centre buildings, while a fourth<br \/>\nintegrated station will require the demolition of an existing<br \/>\nretail\/office building entrance. A fifth downtown location<br \/>\nis located on a vacant parcel of land, however, through the<br \/>\ngranting of air-rights, the station entrance planned for the site<br \/>\nwill be structurally designed to accommodate a large multi-<br \/>\nstorey building above it. The sixth entrance is located on City<br \/>\nright of way.<\/p>\n<p>There were over 20\u00a0<br \/>\nAIC-Designated Members who  <\/p>\n<p>played a significant role in the complex<br \/>\nvaluation and expropriation negotiations <\/p>\n<p>with property owners. Their expertise has<br \/>\nbeen critical to the success of the  <\/p>\n<p>Confederation Line to date.<\/p>\n<p>Appraise more than farmland<br \/>\nExpand your expertise and appraise some<br \/>\nof Canada\u2019s most progressive agricultural<br \/>\nassets. Send your resum\u00e9 to hr-rh@fcc.ca<br \/>\nand quote Valuations99 in the subject line.<\/p>\n<p>Vous \u00e9valuerez plus que des<br \/>\nterres agricoles.<br \/>\n\u00c9largissez votre champ de comp\u00e9tences<br \/>\net \u00e9valuez certains des biens agricoles<br \/>\nles plus progressifs au Canada. Faites<br \/>\nparvenir votre curriculum vit\u00e6 par<br \/>\ncourriel \u00e0 rh-hr@fac.ca en indiquant<br \/>\n\u00c9valuations99 dans la ligne objet.<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 21Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>mailto:hr-rh@fcc.ca<br \/>\nmailto:rh-hr@fac.ca<\/p>\n<p>Maintenance and Storage Facility (MSF)<br \/>\nThe Maintenance and Storage Facility land assembly involved<br \/>\n18 improved properties with a total of 26 acres, approximately<br \/>\n340,000 sq. ft. of building space in office and industrial<br \/>\nbuildings, 12 owners and 19 tenants. The acquisition included<br \/>\nthe expropriation of a 10-unit industrial\/commercial condo-<br \/>\nminium in its entirety, which is believed to be the first expro-<br \/>\npriation of this kind in the Province of Ontario and possibly in<br \/>\nCanada. The City registered the Expropriation Plan in January<br \/>\n2012, took possession in May 2012, and entered into occu-<br \/>\npancy agreements with most of the owners and tenants, with<br \/>\nthe last tenant vacating by March 2013. <\/p>\n<p>After completing the expropriation of these properties, the<br \/>\nCity undertook a property management role with respect to<br \/>\nthe MSF properties for approximately a year and amended<br \/>\nthe occupancy agreements with some of the owners\/tenants to<br \/>\nprovide sufficient time to relocate and, in some instances, con-<br \/>\nstruct a substitute property. From a compensation perspective,<br \/>\nthe relocation of expropriated owners\/tenants presented some<br \/>\nchallenges for the City, as many replacement properties identi-<br \/>\nfied by the expropriated owners\/tenants represented substantial<br \/>\nbetterments, including new construction and larger premises.<br \/>\nNotwithstanding this, all of the expropriated owners\/tenants<br \/>\nhave now secured replacement properties, and the City has<br \/>\nfinancially settled with the majority of them. <\/p>\n<p>The MSF facility will provide the maintenance and storage of<br \/>\nvehicles for the Confederation Line LRT system. Construction<br \/>\nof the facility will be completed in time to allow it to be used<br \/>\nto do the final assembly of the vehicles prior to commissioning.<br \/>\nThe project constructor, Rideau Transit Group (RTG), was<br \/>\nhanded possession of the MSF lands in April 2013, and all of the<br \/>\nimprovements have since been demolished.<\/p>\n<p>The land assembly for the MSF also allowed the City to cap-<br \/>\nitalize on a strategic acquisition for a property purchase (indus-<br \/>\ntrial building) to consolidate other City properties (OCTranspo)<br \/>\nthat are in close proximity to the MSF. <\/p>\n<p>Easements for Hydro Ottawa<br \/>\nThroughout the design process for the Confederation Line,<br \/>\nHydro Ottawa identified easements required for its power<br \/>\ninfrastructure to service the LRT. Consequently, a Hydro<br \/>\nAgency Agreement was executed between the City and Hydro<br \/>\nOttawa for the necessary approvals. In essence, the City acted<br \/>\nas an agent for Hydro Ottawa with respect to the negotiated<br \/>\nacquisition or, if necessary, the expropriation of the required<br \/>\nproperty interests. Through negotiations, the City secured all<br \/>\nof the necessary property requirements (easements) on behalf<br \/>\nof Hydro Ottawa with 10 property owners, thus negating the<br \/>\nneed for expropriation. The City also coordinated and obtained<br \/>\ntemporary Licenses of Occupations for construction staging<br \/>\nareas from adjacent public owners, necessary for the installation<br \/>\nof Hydro Ottawa\u2019s infrastructure.<\/p>\n<p>Part of the success related to securing these property<br \/>\nrequirements for the Confederation Line was that City Council<br \/>\nprovided unlimited delegated authority to staff on all property<br \/>\nacquisitions, subject to the concurrence of the local Ward<br \/>\nCouncilor. Settlements over $2M also required the concurrence<br \/>\nof the Mayor, with the ability to report out only after all of<br \/>\nthe properties were acquired. This ensured that the property<br \/>\nsettlements remained confidential until all property had<br \/>\nbeen secured.<\/p>\n<p>Transit Oriented Development (TOD)<br \/>\nand other initiatives supporting intensification<br \/>\nThe Confederation Line will help achieve the City\u2019s long-term<br \/>\ngrowth objectives by acting as a catalyst for the development<br \/>\nand redevelopment in the areas surrounding LRT stations. The<br \/>\nCity is already seeing an increased demand for development in<br \/>\nthese areas and the pace of this redevelopment is expected to<br \/>\nincrease leading up to the opening of the transit line and in the<br \/>\nyears after commissioning.<\/p>\n<p>Gordon MacNair, AACI, P.App<br \/>\nwill be presenting the Light Rail Transit<br \/>\nproject in more detail\u00a0 at the upcoming <\/p>\n<p>2014 AIC Conference in \u00a0Halifax.<br \/>\nDo not miss the opportunity to learn about <\/p>\n<p>the valuation challenges and lessons learned<br \/>\nalong the way, as one of Ottawa\u2019s largest <\/p>\n<p>infrastructure projects unfolds. Go to<br \/>\nwww.AICanada.ca\/AIC2014 <\/p>\n<p> to register today.<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201422 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>http:\/\/www.AICanada.ca\/AIC2014<\/p>\n<p>As a result of this demand, the City is proactively assessing<br \/>\nareas around each station and creating Transit Oriented<br \/>\nDevelopment (TOD) plans. These studies are determined<br \/>\nby an 800-metre radius around each station. All are based<br \/>\non smart growth principles and are designed to encourage<br \/>\ncomplete, dense communities where people live, work, shop<br \/>\nand play, while relying less on individual vehicle use. Emphasis<br \/>\nis applied on planning designs that encourage alternative<br \/>\nforms of transportation, including walking, cycling and public<br \/>\ntransit. Such planning initiatives will result in maximized<br \/>\nreturns on investment in major city-building infrastructure<br \/>\nprojects, like the Confederation Line. These also contribute<br \/>\nto the overall economic, environmental, social and cultural<br \/>\nsustainability of cities through efficient land use that<br \/>\naccommodates growth on existing and planned infrastructure.<\/p>\n<p>In that regard, the City has already completed Transit<br \/>\nOriented Development Plans and Community Development<br \/>\nPlans (CDPs) for eight of the 13 stations, which includes<br \/>\nthe Tremblay, St. Laurent, Cyrville, Lees, Hurdman, Blair,<br \/>\nTunney\u2019s Pasture, and Bayview stations. <\/p>\n<p>With respect to intensification, like many municipalities,<br \/>\nthe City of Ottawa historically maintained a policy that<br \/>\ndiscouraged development above major infrastructure. This<br \/>\npolicy was in accordance with best industry practice, as it<br \/>\nensured that operation of the infrastructure would not be<br \/>\ncompromised by development, and, conversely, development<br \/>\nwould not be compromised by infrastructure operation or<br \/>\nfailure. Further, it ensured that the degree of complexity<br \/>\nassociated with monitoring and maintaining the infrastructure<br \/>\nwould be kept to a minimum. The downside of this policy<br \/>\nis that it constrained and sometimes precluded development<br \/>\nin general and, often, in areas in which municipalities are<br \/>\nlooking to focus growth.<\/p>\n<p>In recent years, improvements in infrastructure<br \/>\nmaterials, construction techniques, and monitoring and<br \/>\nmaintenance practices along with the best-practice City-<br \/>\nbuilding smart growth goals of creating more compact, <\/p>\n<p>dense neighbourhoods close to major transit services<br \/>\nhas prompted a second look at policies related to<br \/>\nbuilding over top of municipal infrastructure. This is<br \/>\nespecially the case in situations where there are other<br \/>\nbenefits to promoting development in an area. <\/p>\n<p>In order to encourage intensification, City Council<br \/>\nhas recently adopted a policy to ensure the City takes a<br \/>\nuniform, risk-based approach when deciding what build-<br \/>\nover rights above City infrastructure it will grant property<br \/>\nowners. This decision will be made considering whether a<br \/>\nproposal is appropriate for the area and is consistent with<br \/>\ndirections for the growth in the Official Plan, Secondary<br \/>\nPlans, CDPs, Development\/Design Guidelines, and the<br \/>\nzoning bylaw. This policy now allows that, should it be<br \/>\ndeemed appropriate, the City will grant the property<br \/>\nrights necessary to build over existing infrastructure in<br \/>\naccordance with its disposal policy and procedures. <\/p>\n<p>Summary<br \/>\nSecuring the property requirements was an integral part<br \/>\nof ensuring the success of this $2.13B infrastructure<br \/>\nproject and, in doing so, the City\u2019s property team has faced<br \/>\nsignificant challenges. However, through well-developed<br \/>\nnegotiation strategies, the required real estate assets were<br \/>\nsecured \u2018on time\u2019 and \u2018within budget,\u2019 without triggering<br \/>\nany negative media coverage. Success was also achieved due<br \/>\nto the establishment of fluid project management schedules. <\/p>\n<p>The Confederation Line has already shown itself to<br \/>\nbe a catalyst for development and redevelopment in the<br \/>\nareas surrounding LRT stations. The planning tools being<br \/>\ndeveloped, including TOD and the implementation of<br \/>\na uniform, risk-based approach for build-over rights<br \/>\nabove City infrastructure, will provide the appropriate<br \/>\nintensification and smart growth. The Confederation Line<br \/>\nis an important investment in the future of Ottawa. Smart<br \/>\nplanning tools, and excellent property acquisitions strategy<br \/>\nhelp to maximize this investment. <\/p>\n<p>CONFEDERATION LINE TUNNEL<\/p>\n<p>Images for the front cover and this<br \/>\narticle are courtesy of the <\/p>\n<p>City of Ottawa.<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 23Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>En d\u00e9cembre 2012, le Conseil municipal de la Ville d\u2019Ottawa a accord\u00e9 le contrat pour concevoir, construire, financer et entretenir la premi\u00e8re \u00e9tape<br \/>\ndu R\u00e9seau de train l\u00e9ger sur rail d\u2019Ottawa &#8211; la ligne de la<br \/>\nConf\u00e9d\u00e9ration &#8211; au Groupe de Transit Rideau (RTG).<\/p>\n<p>\u00c9valu\u00e9e \u00e0 2,13 milliards de dollars, la ligne de la<br \/>\nConf\u00e9d\u00e9ration (www.confederationline.ca) s\u2019av\u00e8re le projet<br \/>\nd\u2019infrastructure le plus important de la ville d\u2019Ottawa depuis la<br \/>\nconstruction du canal Rideau. Lorsqu\u2019elle sera termin\u00e9e et qu\u2019elle<br \/>\nfonctionnera en 2018, la ligne de la Conf\u00e9d\u00e9ration fournira un<br \/>\nservice de transport rapide et de haute qualit\u00e9 \u00e0 partir du centre<br \/>\n\u00e0 usages multiples\/centre d\u2019emploi de Tunney\u2019s Pasture dans<br \/>\nl\u2019ouest jusqu\u2019au Centre \u00e0 usages mixtes\/centre d\u2019emploi de la<br \/>\nstation Blair dans l\u2019est. Ce r\u00e9seau de train l\u00e9ger (RTL) de 12,5\u00a0km<br \/>\net de 13-stations comprend un tunnel de 2,5 km pour pallier<br \/>\nle probl\u00e8me d\u2019embouteillage d\u2019autobus de plus en plus grave au<br \/>\ncentre-ville qui ralentit le service et qui met au d\u00e9fi la fiabilit\u00e9 du<br \/>\nsyst\u00e8me de transport en commun de la Ville.<\/p>\n<p>Le projet fait partie des objectifs \u00e0 long terme en mati\u00e8re<br \/>\nde croissance intelligente de la Ville pr\u00e9sent\u00e9s dans le plan<br \/>\nofficiel, le plan directeur des transports et le plan directeur de<br \/>\nl\u2019infrastructure. Ensemble, ces plans pr\u00e9voient la cr\u00e9ation de<br \/>\nquartiers denses et \u00e0 usages mixtes entourant les stations de la<br \/>\nligne de la Conf\u00e9d\u00e9ration. <\/p>\n<p>Cet article examine les d\u00e9fis immobiliers associ\u00e9s \u00e0 un projet<br \/>\nde cette envergure et le d\u00e9veloppement de l\u2019Am\u00e9nagement ax\u00e9<br \/>\nsur le transport en commun (ATC) et d\u2019autres initiatives visant \u00e0<br \/>\nfavoriser l\u2019intensification.<\/p>\n<p>L\u2019obtention de biens<br \/>\nimmobiliers pour la ligne de la Conf\u00e9d\u00e9ration<br \/>\nLes exigences en mati\u00e8re de biens immobiliers pour la ligne de la<br \/>\nConf\u00e9d\u00e9ration visent quatre composantes :<\/p>\n<p>1) Ligne de la Conf\u00e9d\u00e9ration \u2013 voies de guidage et stations<br \/>\n2) Entr\u00e9es int\u00e9gr\u00e9es aux stations et Strat\u00e9gie de d\u00e9veloppement <\/p>\n<p>des affaires (SDA)<br \/>\n3) Installations d\u2019entretien et d\u2019entreposage (IEE)<br \/>\n4) Servitudes pour Hydro Ottawa<\/p>\n<p>Ligne de la Conf\u00e9d\u00e9ration<br \/>\nLa ligne de la Conf\u00e9d\u00e9ration, \u00e0 l\u2019exception de la section du<br \/>\ntunnel, est une conversion de la surface du R\u00e9seau de transport<br \/>\nen commun rapide par autobus (RTR) de la Ville et, par<br \/>\ncons\u00e9quent, se trouve \u00e0 l\u2019int\u00e9rieur de l\u2019emprise de la Ville. Il a<br \/>\nfallu une gamme d\u2019acquisitions immobili\u00e8res pour permettre<br \/>\nla construction, l\u2019exploitation et l\u2019entretien futurs de la ligne<br \/>\nde la Conf\u00e9d\u00e9ration, y compris l\u2019acquisition d\u2019int\u00e9r\u00eats en fief<br \/>\nsimple, les servitudes (permanentes et temporaires), les licences<br \/>\net les permis d\u2019empi\u00e9tement. Afin de r\u00e9pondre aux questions<br \/>\ncomplexes li\u00e9es \u00e0 l\u2019acquisition de biens immobiliers pour la<br \/>\nconstruction d\u2019un tunnel \u00e0 travers le centre-ville, plusieurs de<br \/>\nces acquisitions ont \u00e9t\u00e9 stratifi\u00e9es pour s\u00e9parer nos droits de<br \/>\nsurface, souterrains et a\u00e9riens.<\/p>\n<p>Les terres publiques repr\u00e9sentent environ 75 % des<br \/>\nexigences en mati\u00e8re de biens immobiliers pour la ligne de<br \/>\nla Conf\u00e9d\u00e9ration. La grande majorit\u00e9 de ces terres ont \u00e9t\u00e9<br \/>\nobtenues gr\u00e2ce \u00e0 des Protocoles d\u2019ententes (PE) complexes<br \/>\navec des propri\u00e9taires de terrains f\u00e9d\u00e9raux, provinciaux et<br \/>\ninstitutionnels tels que Parcs Canada, Travaux publics et<br \/>\nservices gouvernementaux Canada, le minist\u00e8re des Transports<br \/>\nde l\u2019Ontario, l\u2019Universit\u00e9 d\u2019Ottawa et la Commission de la<br \/>\ncapitale nationale (CCN). \u00c9tant donn\u00e9 qu\u2019une municipalit\u00e9<br \/>\nne peut exproprier des terres f\u00e9d\u00e9rales ou provinciales, il a<br \/>\nfallu suivre des processus minutieux et \u00e0 facettes multiples<br \/>\nafin d\u2019obtenir le droit de passage. Bien que ces n\u00e9gociations <\/p>\n<p>D\u00c9FIS IMMOBILIERS<br \/>\nEN LIEN  avec l\u2019un des plus  <\/p>\n<p>grands projets d\u2019infrastructure<br \/>\nde l\u2019histoire r\u00e9cente d\u2019Ottawa<\/p>\n<p>Par Gordon E. McNair, AACI, P. App., SR\/WA,<br \/>\nGordon est le Directeur du Bureau des partenariats et<br \/>\ndu d\u00e9veloppement en immobilier de la Ville d\u2019Ottawa,<br \/>\net le Secr\u00e9taire et Pr\u00e9sident de la Soci\u00e9t\u00e9 d\u2019am\u00e9nage-<br \/>\nment des terrains communautaires d\u2019Ottawa<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201424 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>http:\/\/www.confederationline.ca<\/p>\n<p>complexes aient pr\u00e9sent\u00e9 de nombreuses difficult\u00e9s, elles<br \/>\nont \u00e9galement fourni une occasion \u00e0 la Ville de r\u00e9soudre<br \/>\ndes questions en suspens en mati\u00e8re de propri\u00e9t\u00e9 avec<br \/>\nla CCN remontant aux ann\u00e9es 1980 relatives \u00e0 la<br \/>\nconstruction de la voie rapide d\u2019autobus Transitway. <\/p>\n<p>Certaines exigences en mati\u00e8re de biens immobiliers<br \/>\npour la ligne de la Conf\u00e9d\u00e9ration appartenaient \u00e0 des<br \/>\nentit\u00e9s priv\u00e9es. La majorit\u00e9 de ces droits de propri\u00e9t\u00e9<br \/>\nont \u00e9t\u00e9 obtenus soit par la n\u00e9gociation d\u2019accords ou<br \/>\npar l\u2019entremise du processus d\u2019expropriation. Lorsque<br \/>\nle calendrier de la construction a rendu n\u00e9cessaire <\/p>\n<p>le d\u00e9but des proc\u00e9dures d\u2019expropriation par la Ville,<br \/>\nelle a tout de m\u00eame poursuivi des ententes n\u00e9goci\u00e9es avec les<br \/>\npropri\u00e9taires expropri\u00e9s. \u00c0 ce jour, la Ville a termin\u00e9 deux<br \/>\nphases d\u2019expropriations et pr\u00e9voit aller de l\u2019avant avec une<br \/>\ntroisi\u00e8me phase en 2014 pour garantir un certain nombre de<br \/>\nservitudes temporaires de travail, au besoin. <\/p>\n<p>Du point de vue de l\u2019\u00e9valuation, l\u2019acquisition de segments<br \/>\nde tunnels souterrains situ\u00e9s au centre-ville a comport\u00e9 divers<br \/>\nprobl\u00e8mes. Dans certains cas, la r\u00e9mun\u00e9ration pour ces<br \/>\nprises n\u2019a pas encore \u00e9t\u00e9 r\u00e9solue; cependant, la Ville s\u2019attend<br \/>\n\u00e0 ce que certains facteurs tels que la profondeur de la limite<br \/>\nsup\u00e9rieure de la prise, l\u2019utilisation actuelle des propri\u00e9t\u00e9s \u00e0<br \/>\nniveau, et l\u2019am\u00e9lioration associ\u00e9e \u00e0 la construction de nouvelles<br \/>\ninfrastructures de transport continuent de jouer un r\u00f4le central<br \/>\ndans la valeur du march\u00e9 des segments de tunnel et dans l\u2019effet<br \/>\npr\u00e9judiciable caus\u00e9 aux terres r\u00e9siduelles, le cas \u00e9ch\u00e9ant. <\/p>\n<p>Dans la mesure du possible, la Ville s\u2019est efforc\u00e9e de<br \/>\nminimiser le besoin en mati\u00e8re de biens immobiliers en utilisant<br \/>\nde fa\u00e7on strat\u00e9gique les propri\u00e9t\u00e9s existantes de la Ville afin<br \/>\nde r\u00e9pondre \u00e0 diverses exigences du projet comme les aires de<br \/>\nrassemblement et en concluant des accords cibl\u00e9s pour les droits<br \/>\nde propri\u00e9t\u00e9 limit\u00e9s. Par exemple, la Ville a n\u00e9goci\u00e9 un bail de<br \/>\ncinq ans d\u2019un stationnement au centre-ville qui \u00e9tait retenu en<br \/>\nvue d\u2019un d\u00e9veloppement futur. L\u2019accord n\u00e9goci\u00e9 donne acc\u00e8s au<br \/>\nmat\u00e9riel de creusement \u00e0 la partie centrale du tunnel de la ligne<br \/>\nde la Conf\u00e9d\u00e9ration tout en laissant la possession de la parcelle<br \/>\net le potentiel de d\u00e9veloppement futur du site au propri\u00e9taire.<\/p>\n<p>Entr\u00e9es int\u00e9gr\u00e9es aux stations<br \/>\net strat\u00e9gie de d\u00e9veloppement des affaires<br \/>\nUn \u00e9l\u00e9ment critique du projet s\u2019av\u00e8re l\u2019optimisation des<br \/>\npossibilit\u00e9s d\u2019int\u00e9gration des stations au centre-ville de sorte \u00e0<br \/>\ncr\u00e9er des entr\u00e9es fonctionnelles, des relations d\u2019affaires et des<br \/>\nd\u00e9placements plus souhaitables. Cela lib\u00e8re \u00e9galement l\u2019emprise<br \/>\nde la Ville sur les rues du centre-ville afin de mettre au point un<br \/>\nespace public plus fonctionnel tout en tenant compte des besoins<br \/>\ndes utilisateurs du transport en commun, des pi\u00e9tons et des<br \/>\ncyclistes, et en offrant la possibilit\u00e9 d\u2019am\u00e9liorer l\u2019aspect g\u00e9n\u00e9ral<br \/>\ndes rues. Par cons\u00e9quent, il s\u2019agissait d\u2019un objectif important en<br \/>\nmati\u00e8re d\u2019acquisition afin de garantir les droits de propri\u00e9t\u00e9 de ces<br \/>\nentr\u00e9es int\u00e9gr\u00e9es aux stations. <\/p>\n<p>Comme compl\u00e9ment \u00e0 cet objectif et en reconnaissance<br \/>\nde l\u2019objectif de la Ville \u00e0 impliquer, de fa\u00e7on proactive, des<br \/>\nparticipants priv\u00e9s ou publics pour promouvoir l\u2019Am\u00e9nagement<br \/>\nax\u00e9 sur le transport en commun (ATC) et les correspondances<br \/>\naux stations ou pr\u00e8s de celles-ci, la Ville a entrepris en 2008 <\/p>\n<p>les initiatives de la strat\u00e9gie de d\u00e9veloppement des affaires. La<br \/>\npremi\u00e8re \u00e9tape du processus consistait \u00e0 envoyer des demandes<br \/>\nd\u2019information (DI) aux entreprises du secteur priv\u00e9 et aux<br \/>\npropri\u00e9taires de terrains le long de l\u2019alignement du tunnel. Des<br \/>\nemploy\u00e9s de la Ville ont \u00e9galement fait appel \u00e0 de nombreux<br \/>\npropri\u00e9taires, promoteurs, d\u00e9taillants, propri\u00e9taires fonciers<br \/>\net d\u2019autres parties int\u00e9ress\u00e9es pour explorer et promouvoir<br \/>\nles possibilit\u00e9s d\u2019int\u00e9gration dans les stations du centre-ville.<br \/>\nPr\u00e9sentement, nous avons localis\u00e9 cinq des six entr\u00e9es pour<br \/>\nles trois stations du tunnel \u00e0 l\u2019ext\u00e9rieur de l\u2019emprise. Cette<br \/>\nstrat\u00e9gie a permis de raccorder des propri\u00e9t\u00e9s du centre-ville \u00e0 la<br \/>\nligne souterraine de la Conf\u00e9d\u00e9ration. Par souci de trouver un<br \/>\narrangement qui profiterait \u00e0 tout le monde, la n\u00e9gociation des<br \/>\ndroits de propri\u00e9t\u00e9 requis pour ces entr\u00e9es s\u2019est av\u00e9r\u00e9e un d\u00e9fi<br \/>\nint\u00e9ressant. Elle fut particuli\u00e8rement difficile \u00e9tant donn\u00e9 que<br \/>\nl\u2019acquisition de droits de propri\u00e9t\u00e9 dans un b\u00e2timent existant est<br \/>\nassez unique et rare.<\/p>\n<p>Une fiche de modalit\u00e9s a \u00e9t\u00e9 mise en \u0153uvre avec tous les cinq<br \/>\npropri\u00e9taires, et les autres documents, tels que les accords de<br \/>\nconstruction, suivront \u00e0 une date ult\u00e9rieure. Trois de ces entr\u00e9es<br \/>\nexigeront une int\u00e9gration ou une adaptation de structures<br \/>\nexistantes telles que des bureaux, des b\u00e2timents \u00e0 usages mixtes<br \/>\net des centres d\u2019achats, tandis qu\u2019une quatri\u00e8me station int\u00e9gr\u00e9e<br \/>\nexigera la d\u00e9molition d\u2019une entr\u00e9e existante d\u2019un immeuble de<br \/>\nbureau et de magasin de d\u00e9tail. Un cinqui\u00e8me emplacement<br \/>\nau centre-ville est situ\u00e9 sur une parcelle de terre vacante,<br \/>\ncependant, par l\u2019octroi de droits a\u00e9riens, l\u2019entr\u00e9e de la station<br \/>\npr\u00e9vue au site sera con\u00e7ue structurellement pour accueillir un<br \/>\ngrand immeuble de plusieurs \u00e9tages au-dessus de ce dernier. La<br \/>\nsixi\u00e8me entr\u00e9e est situ\u00e9e sur l\u2019emprise de la Ville. <\/p>\n<p>Installations d\u2019entretien et d\u2019entreposage (IEE)<br \/>\nLe regroupement de terrains pour les installations d\u2019entretien<br \/>\net d\u2019entreposage repr\u00e9sente 18 propri\u00e9t\u00e9s am\u00e9lior\u00e9es et compte<br \/>\nun total de 26 acres, environ 340 000 pieds carr\u00e9s d\u2019espaces<br \/>\n\u00e0 bureaux et de locaux industriels, 12 propri\u00e9taires et 19<br \/>\nlocataires. L\u2019acquisition comprenait l\u2019expropriation d\u2019un<br \/>\ncondominium industriel\/commercial \u00e0 10 unit\u00e9s dans son<br \/>\nint\u00e9gralit\u00e9, que l\u2019on croit \u00eatre la premi\u00e8re expropriation en son<br \/>\ngenre dans la province de l\u2019Ontario et peut-\u00eatre au Canada. La<br \/>\nVille a enregistr\u00e9 le plan d\u2019expropriation en janvier 2012, a pris<br \/>\npossession en mai 2012, et a conclu des contrats d\u2019occupation<br \/>\navec la plupart des propri\u00e9taires et des locataires, le dernier de<br \/>\nceux-ci quittera d\u2019ici mars 2013.<\/p>\n<p>Suite \u00e0 l\u2019expropriation de ces propri\u00e9t\u00e9s, la Ville a<br \/>\nentrepris un r\u00f4le de gestion par rapport aux propri\u00e9t\u00e9s<br \/>\nde l\u2019IEE pendant environ un an et a modifi\u00e9 les contrats <\/p>\n<p>On a compt\u00e9 plus de 20 membres d\u00e9sign\u00e9s<br \/>\nde l&rsquo;ICE qui ont jou\u00e9 un r\u00f4le important dans <\/p>\n<p>l&rsquo;\u00e9valuation complexe et les n\u00e9gociations<br \/>\nen mati\u00e8re d&rsquo;expropriation avec les <\/p>\n<p>propri\u00e9taires. \u00c0 ce jour, leur expertise<br \/>\ns&rsquo;est av\u00e9r\u00e9e essentielle au succ\u00e8s  <\/p>\n<p>de la ligne de la Conf\u00e9d\u00e9ration. <\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 25Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>Gordon MacNair, AACI, P.App pr\u00e9sentera<br \/>\nle projet de train l\u00e9ger sur rail de mani\u00e8re <\/p>\n<p>plus d\u00e9taill\u00e9e \u00e0 la prochaine conf\u00e9rence<br \/>\nde l&rsquo;ICE  2014 \u00e0 Halifax. Ne manquez pas <\/p>\n<p>l&rsquo;occasion d&rsquo;en apprendre davantage sur les<br \/>\nd\u00e9fis d&rsquo;\u00e9valuation et les  le\u00e7ons retenues  \u00e0 <\/p>\n<p>mesure qu&rsquo;un des plus importants projets<br \/>\nd&rsquo;infrastructures  d&rsquo;Ottawa se d\u00e9roule.  Pour<br \/>\nvous y inscrire d\u00e8s maintenant, rendez-vous  <\/p>\n<p>\u00e0 www.AICanada.ca\/fr\/AIC2014.<\/p>\n<p>d\u2019occupation avec certains des propri\u00e9taires\/locataires de sorte<br \/>\n\u00e0 fournir suffisamment de temps pour d\u00e9m\u00e9nager et, dans<br \/>\ncertains cas, construire un bien substitut. Du point de vue de<br \/>\nla r\u00e9mun\u00e9ration, la r\u00e9installation des propri\u00e9taires\/locataires<br \/>\nexpropri\u00e9s a pr\u00e9sent\u00e9 quelques d\u00e9fis pour la Ville puisque<br \/>\nplusieurs biens substituts identifi\u00e9s par les propri\u00e9taires\/locataires<br \/>\nrepr\u00e9sentaient des am\u00e9liorations importantes, y compris des<br \/>\nnouvelles constructions et des locaux plus grands. Malgr\u00e9 cela,<br \/>\ntous les propri\u00e9taires\/locataires expropri\u00e9s ont obtenu des biens<br \/>\nsubstituts, et la Ville a r\u00e9gl\u00e9 financi\u00e8rement avec la majorit\u00e9<br \/>\nd\u2019entre eux.<\/p>\n<p>L\u2019IEE assurera l\u2019entretien et l\u2019entreposage des v\u00e9hicules pour<br \/>\nle RTL de la ligne de la Conf\u00e9d\u00e9ration. La construction des<br \/>\ninstallations sera termin\u00e9e \u00e0 temps afin de permettre l\u2019assemblage<br \/>\nfinal des v\u00e9hicules avant la mise en service. En 2013, la<br \/>\npossession des terrains de l\u2019IEE a \u00e9t\u00e9 transf\u00e9r\u00e9e au constructeur<br \/>\ndu projet, le Groupe Transit Rideau (GTR), et toutes les<br \/>\nam\u00e9liorations ont depuis \u00e9t\u00e9 d\u00e9molies.<\/p>\n<p>Le regroupement de terrains pour l\u2019IEE a \u00e9galement permis<br \/>\n\u00e0 la Ville de tirer profit d\u2019une acquisition strat\u00e9gique d\u2019un achat<br \/>\nimmobilier (b\u00e2timent industriel) afin de consolider d\u2019autres<br \/>\npropri\u00e9t\u00e9s de la Ville (OCTranspo) qui sont \u00e0 proximit\u00e9 de l\u2019IEE.<\/p>\n<p>Servitudes d\u2019Hydro Ottawa<br \/>\nPendant tout le processus de conception de la ligne de la<br \/>\nConf\u00e9d\u00e9ration, Hydro Ottawa a d\u00e9fini les servitudes n\u00e9cessaires \u00e0<br \/>\nson infrastructure d\u2019\u00e9nergie pour servir le RTL. Par cons\u00e9quent,<br \/>\nen vue d\u2019obtenir les approbations requises, un accord d\u2019agence<br \/>\nhydro\u00e9lectrique a \u00e9t\u00e9 conclu entre la Ville et Hydro Ottawa.<br \/>\nEssentiellement, la Ville a agi \u00e0 titre d\u2019agent d\u2019Hydro Ottawa \u00e0<br \/>\nl\u2019\u00e9gard de l\u2019acquisition n\u00e9goci\u00e9e ou, au besoin, l\u2019expropriation<br \/>\ndes droits de propri\u00e9t\u00e9 requis. Gr\u00e2ce aux n\u00e9gociations, la Ville<br \/>\na obtenu, au nom d\u2019Hydro Ottawa, toutes les exigences de<br \/>\npropri\u00e9t\u00e9 requises (servitudes) avec 10 propri\u00e9taires, et donc<br \/>\nil n\u2019\u00e9tait pas n\u00e9cessaire de les exproprier. La Ville a \u00e9galement<br \/>\ncoordonn\u00e9 et obtenu des permis temporaires d\u2019occupation de<br \/>\npropri\u00e9taires publics environnants n\u00e9cessaires pour assurer<br \/>\nl\u2019installation de l\u2019infrastructure d\u2019Hydro Ottawa.<\/p>\n<p>Le succ\u00e8s de l\u2019obtention des exigences en mati\u00e8re de biens<br \/>\nimmobiliers pour la ligne de la Conf\u00e9d\u00e9ration tient en partie<br \/>\nau fait que le Conseil municipal a octroy\u00e9 une d\u00e9l\u00e9gation de<br \/>\npouvoir illimit\u00e9 aux employ\u00e9s travaillant sur les acquisitions de<br \/>\npropri\u00e9t\u00e9s, sous r\u00e9serve de l\u2019accord du conseiller municipal local.<br \/>\nIl \u00e9tait \u00e9galement n\u00e9cessaire d\u2019obtenir l\u2019accord du maire pour les<br \/>\nr\u00e8glements au-del\u00e0 de 2 millions de dollars, et la chance de faire<br \/>\nrapport seulement apr\u00e8s l\u2019acquisition de toutes les propri\u00e9t\u00e9s.<br \/>\nCette fa\u00e7on de faire a permis de veiller \u00e0 ce que les r\u00e8glements<br \/>\nde propri\u00e9t\u00e9 restent confidentiels jusqu\u2019\u00e0 ce que tous les biens<br \/>\nimmobiliers soient obtenus. <\/p>\n<p>L\u2019am\u00e9nagement ax\u00e9 sur le transport en commun<br \/>\n(ATC) et d\u2019autres initiatives \u00e0 l\u2019appui de l\u2019intensification<br \/>\nLa ligne de la Conf\u00e9d\u00e9ration contribuera \u00e0 la r\u00e9alisation des<br \/>\nobjectifs de croissance \u00e0 long terme de la Ville, en servant de<br \/>\ncatalyseur pour le d\u00e9veloppement et le r\u00e9am\u00e9nagement des<br \/>\nr\u00e9gions entourant les stations du TLR. La Ville a d\u00e9j\u00e0 constat\u00e9<br \/>\nune demande accrue de d\u00e9veloppement dans ces r\u00e9gions et l&rsquo;on<br \/>\ns\u2019attend \u00e0 ce que le rythme de ce r\u00e9am\u00e9nagement s\u2019accroisse en<br \/>\nvue de l\u2019ouverture de la ligne de transport en commun et au<br \/>\ncours des ann\u00e9es qui suivront la mise en service.<\/p>\n<p>\u00c0 la suite de cette demande, la Ville \u00e9value de mani\u00e8re<br \/>\nproactive les r\u00e9gions entourant chaque station et cr\u00e9e des plans<br \/>\nd\u2019am\u00e9nagement ax\u00e9 sur le transport en commun (ATC). Ces<br \/>\n\u00e9tudes sont d\u00e9termin\u00e9es selon un rayon de 800 m\u00e8tres entourant<br \/>\nchaque station. Toutes les \u00e9tudes se fondent sur les principes<br \/>\nde la croissance intelligente et sont con\u00e7ues de mani\u00e8re \u00e0<br \/>\nencourager les communaut\u00e9s denses et compl\u00e8tes, l\u00e0 o\u00f9 les gens<br \/>\npeuvent vivre, travailler, magasiner et se divertir tout en ayant<br \/>\nmoins recours aux v\u00e9hicules pour usage personnel. On insiste<br \/>\nsur des plans d\u2019\u00e9laboration qui encouragent des transports<br \/>\nalternatifs, y compris la marche, le v\u00e9lo et le transport en<br \/>\ncommun. Ces initiatives de planification se traduiront par des<br \/>\nrendements appr\u00e9ciables sur les investissements dans les grands<br \/>\nprojets d\u2019infrastructures municipales, comme la ligne de la <\/p>\n<p>LIGNE DE LA CONF\u00c9D\u00c9RATION<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201426 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>http:\/\/www.AICanada.ca\/fr\/AIC2014<\/p>\n<p>Conf\u00e9d\u00e9ration. Les plans contribuent \u00e9galement \u00e0 la viabilit\u00e9<br \/>\n\u00e9conomique, environnementale, sociale et culturelle globale<br \/>\ndes villes gr\u00e2ce \u00e0 une utilisation efficace des terres qui tient<br \/>\ncompte la croissance d\u2019infrastructure existante et pr\u00e9vue.<\/p>\n<p>Dans ce sens, la Ville a d\u00e9j\u00e0 compl\u00e9t\u00e9 des plans<br \/>\nd\u2019am\u00e9nagement ax\u00e9 sur le transport en commun et des<br \/>\nplans de d\u00e9veloppement communautaire (PDC) pour 8 des<br \/>\n13 stations, incluant les stations Tremblay, Saint- Laurent,<br \/>\nCyrville, Lees, Hurdman, Blair, Tunney\u2019s Pasture, et Bayview.<\/p>\n<p>Comme un grand nombre de villes, en mati\u00e8re<br \/>\nd\u2019intensification, la Ville d\u2019Ottawa a toujours mis de<br \/>\nl\u2019avant une politique qui d\u00e9courageait le d\u00e9veloppement<br \/>\nau-dessus de grandes infrastructures. Cette politique \u00e9tait<br \/>\nen conformit\u00e9 avec les pratiques exemplaires de l\u2019industrie,<br \/>\ncar elle veillait \u00e0 ce que l\u2019op\u00e9ration de l\u2019infrastructure<br \/>\nne soit pas compromise par le d\u00e9veloppement, et, \u00e0<br \/>\nl\u2019inverse, que le d\u00e9veloppement ne serait pas compromis<br \/>\npar l\u2019op\u00e9ration de l\u2019infrastructure ou sa faillite. En outre,<br \/>\nla politique a assur\u00e9 que le degr\u00e9 de complexit\u00e9 associ\u00e9e<br \/>\n\u00e0 la surveillance et l\u2019entretien de l\u2019infrastructure seraient<br \/>\nr\u00e9duits au minimum. La faiblesse de cette politique vient<br \/>\ndu fait qu\u2019elle contraignait et parfois m\u00eame emp\u00eachait le<br \/>\nd\u00e9veloppement en g\u00e9n\u00e9ral et, souvent, dans des domaines<br \/>\no\u00f9 les municipalit\u00e9s cherchent \u00e0 orienter la croissance.<\/p>\n<p>Au cours des derni\u00e8res ann\u00e9es, l\u2019am\u00e9lioration au mat\u00e9riel<br \/>\nd\u2019infrastructures, aux techniques de construction et aux<br \/>\npratiques de surveillance et d\u2019entretien, en plus des pratiques<br \/>\nexemplaires d\u2019objectifs en mati\u00e8re de croissance intelligente<br \/>\npour les infrastructures municipales de cr\u00e9er des quartiers<br \/>\nplus denses pr\u00e8s de services importants de transport en<br \/>\ncommun, a permis de prendre du recul et de v\u00e9rifier les<br \/>\npolitiques de construction au-dessus d\u2019infrastructures<br \/>\nmunicipales. C\u2019est particuli\u00e8rement le cas o\u00f9 il y a d\u2019autres<br \/>\navantages \u00e0 encourager le d\u00e9veloppement d\u2019une r\u00e9gion.<\/p>\n<p>Afin de favoriser l\u2019intensification, le Conseil municipal<br \/>\na r\u00e9cemment adopt\u00e9 une politique destin\u00e9e \u00e0 assurer que <\/p>\n<p>la Ville adopte une approche uniforme fond\u00e9e sur le<br \/>\nrisque lorsqu\u2019elle d\u00e9termine les droits de construction<br \/>\nqu\u2019elle octroie aux propri\u00e9taires quant \u00e0 la construction<br \/>\nau-dessus d\u2019infrastructures municipales. Cette d\u00e9cision<br \/>\nsera prise si la proposition est convenable pour la r\u00e9gion<br \/>\net est conforme aux orientations en mati\u00e8re de croissance<br \/>\ndans le plan officiel, les plans secondaires, les PDC,<br \/>\nles lignes directrices sur le d\u00e9veloppement\/conception,<br \/>\net le r\u00e8glement de zonage. Si on le juge n\u00e9cessaire,<br \/>\ncette politique permet maintenant \u00e0 la Ville d\u2019accorder<br \/>\ndes droits de propri\u00e9t\u00e9 n\u00e9cessaires pour construire<br \/>\nau-dessus d\u2019infrastructures existantes en conformit\u00e9<br \/>\navec sa politique et ses proc\u00e9dures d\u2019\u00e9limination.<\/p>\n<p>R\u00e9sum\u00e9<br \/>\nL\u2019obtention des exigences de propri\u00e9t\u00e9s faisait partie<br \/>\nint\u00e9grante de la r\u00e9ussite de ce projet d\u2019infrastructure de<br \/>\n2,13 milliards de dollars, et ainsi, l\u2019\u00e9quipe de la propri\u00e9t\u00e9 de<br \/>\nla Ville a rencontr\u00e9 des d\u00e9fis importants. Cependant, gr\u00e2ce<br \/>\n\u00e0 des strat\u00e9gies de n\u00e9gociation bien d\u00e9velopp\u00e9es, les actifs<br \/>\nimmobiliers n\u00e9cessaires ont \u00e9t\u00e9 obtenus \u00ab\u00a0\u00e0 temps\u00a0\u00bbet \u00ab\u00a0dans<br \/>\nles limites de budget \u00bb, sans d\u00e9clencher une couverture<br \/>\nm\u00e9diatique n\u00e9gative. On a aussi eu du succ\u00e8s en raison de la<br \/>\nmise en place de calendriers de gestion de projet fluides.<\/p>\n<p>La ligne de la Conf\u00e9d\u00e9ration s\u2019est d\u00e9j\u00e0 r\u00e9v\u00e9l\u00e9e un<br \/>\ncatalyseur pour le d\u00e9veloppement et le r\u00e9am\u00e9nagement<br \/>\nde zones entourant les stations du TLR. Les outils de<br \/>\nplanification en cours d\u2019\u00e9laboration, y compris l\u2019ATC<br \/>\net la mise en \u0153uvre d\u2019une approche uniforme fond\u00e9e<br \/>\nsur le risque pour les droits de construction au-dessus<br \/>\nd\u2019infrastructures municipales, permettront l\u2019intensification<br \/>\nappropri\u00e9e et une croissance intelligente. La ligne de la<br \/>\nConf\u00e9d\u00e9ration repr\u00e9sente un investissement important dans<br \/>\nl\u2019avenir de la ville d\u2019Ottawa. Des outils de planification<br \/>\nrigoureux et une excellente strat\u00e9gie d\u2019acquisition de<br \/>\npropri\u00e9t\u00e9s aident \u00e0 optimiser cet investissement. <\/p>\n<p>LE TUNNEL DE LA LIGNE DE LA CONF\u00c9D\u00c9RATION<\/p>\n<p>Les photos en page couverture et<br \/>\nl&rsquo;article correspondant sont une<br \/>\ngracieuset\u00e9 de la Ville d&rsquo;Ottawa<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 27Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>ECONOMIC OUTLOOK<\/p>\n<p>THE CANADIAN ECONOMY<br \/>\nIN TRANSITION<\/p>\n<p>B Y  C A R L O S  L E I T A O<br \/>\nCHIEF ECONOMIS T,  L AUREN T I A N B A NK<\/p>\n<p>T he Canadian economy entered a period of transition in 2013. Household expenditures, the main source of economic growth since<br \/>\n2010, have become gradually constrained<br \/>\nby relatively high and still rising levels of<br \/>\nhousehold debt. The inevitable slowdown in<br \/>\nhousehold expenditures was expected to be<br \/>\noffset by a pick-up in business investment<br \/>\nand merchandise exports. <\/p>\n<p>This shift in the composition of<br \/>\nfinal demand turned out to be rather<br \/>\ndisappointing in 2013, as exports failed to<br \/>\nrebound. There are several reasons for this<br \/>\nfrom continued weak domestic productivity<br \/>\ngrowth to a persistently strong Canadian<br \/>\ndollar and fading manufacturing production<br \/>\ncapacity. But, ultimately, the weakness in<br \/>\nCanadian exports (and business investment),<br \/>\nreflect weaker than expected global<br \/>\neconomic growth, a full four years after the<br \/>\nend of the Great Recession.<\/p>\n<p>In fact, one of the surprises of 2013 on<br \/>\nthe economic front was the very low level of<br \/>\ninflation in developed market economies,<br \/>\nwhich is the direct result of a weak economy<br \/>\nand a growing global output gap. In<br \/>\nCanada, inflation in 2013 averaged about<br \/>\n1.0%, down from 1.5% in 2012 and 2.9%<br \/>\nin 2011. In the United States, Consumer<br \/>\nPrice Index (CPI) inflation averaged 1.5% in<br \/>\n2013, down from 2.1% in 2012.  <\/p>\n<p>One of the main consequences of this<br \/>\nlow inflation environment is the persistence<br \/>\nof very low interest rates. Moreover, as low<br \/>\nglobal inflation persists into 2014, central<br \/>\nbanks in the Organization for Economic <\/p>\n<p>Co-operation and Development (OECD)<br \/>\narea will continue to maintain a highly<br \/>\naccommodating monetary policy stance.<br \/>\nIn Canada, we expect the Bank of Canada<br \/>\nwill keep the policy rate at 1.00% until at<br \/>\nleast the middle of 2015, while in the United<br \/>\nStates, the Federal Reserve is not about to<br \/>\nincrease the Fed funds rate before the end of<br \/>\n2015 at the earliest; it should, however, put<br \/>\nan end to its massive asset purchase program<br \/>\nin 2014. <\/p>\n<p>In the spring of 2013, market interest<br \/>\nrates (medium- to long-term government<br \/>\nbond yields) moved off the ultra-low<br \/>\nlevels they had reached in the latter part<br \/>\nof 2012, reflecting a real improvement in<br \/>\nthe private sector economy of the United<br \/>\nStates. Looking forward, we do not expect<br \/>\nmarket rates to rise at the same pace they<br \/>\ndid from May to September 2013, due to<br \/>\nthe absence of inflationary pressures and the<br \/>\nfirm commitment of the Federal Reserve to<br \/>\nmaintain its main policy rate at zero until<br \/>\nwell after economic growth improves and<br \/>\nthe rate of unemployment drops below 6.5%. <\/p>\n<p>In 2014, the global economic outlook<br \/>\nis expected to gradually improve, first in<br \/>\nthe United States, and then in the other<br \/>\ndeveloped market economies. A very positive<br \/>\nrecent development is the agreement between<br \/>\nDemocrats and Republicans on a multi-year<br \/>\nbudget deal that will prevent another \u2018fiscal<br \/>\ncliff\u2019 crisis in early 2014. The economic<br \/>\nrecovery, however, will remain relatively slow<br \/>\nand uneven with the main risk remaining<br \/>\nbelow-target inflation. Global real Gross<br \/>\nDomestic Product (GDP) growth should <\/p>\n<p>ONE OF THE SURPRISES<br \/>\nOF 2013 ON THE ECONOMIC <\/p>\n<p>FRONT WAS THE VERY<br \/>\nLOW LEVEL OF INFLATION <\/p>\n<p>IN DEVELOPED MARKET<br \/>\nECONOMIES, WHICH IS THE<br \/>\nDIRECT RESULT OF A WEAK<br \/>\nECONOMY AND A GROWING <\/p>\n<p>GLOBAL OUTPUT GAP. <\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201428 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>ECONOMIC OUTLOOK<\/p>\n<p>remain below 4% in 2014, which is still far<br \/>\nfrom accepted \u2018escape velocity\u2019 and is not<br \/>\ngoing to exert significant upward pressure<br \/>\non global bond yields or commodity prices.<br \/>\nFor Canada, this will translate into another<br \/>\nyear of modest economic growth of about<br \/>\n2.3%. This is not convincingly stronger than<br \/>\nthe 1.7% reached in both 2012 and 2013,<br \/>\nand is not sufficient to make a significant<br \/>\ndent in the rate of unemployment, which<br \/>\nshould remain close to 7.0%. Given the<br \/>\nrelative weakness in commodity prices and<br \/>\nthe clearly neutral tone adopted by the Bank<br \/>\nof Canada, the Canadian dollar is expected<br \/>\nto remain close to the 90 US cent mark<br \/>\nthroughout the year, from close to parity<br \/>\nover the past two years. This will result in<br \/>\na gradual improvement in the operating<br \/>\nmargins of Canadian exporters, which <\/p>\n<p>THE CANADIAN DOLLAR IS EXPECTED TO REMAIN CLOSE TO THE 90 US CENT MARK<br \/>\nTHROUGHOUT THE YEAR, FROM CLOSE TO PARITY OVER THE PAST TWO YEARS. <\/p>\n<p>should lead to greater investment in capital<br \/>\nequipment in the second half of the year. <\/p>\n<p>Finally, the risks around a hypothetical<br \/>\nhousing market crash in Canada have dimin-<br \/>\nished, as both prices and sales volumes con-<br \/>\ntinue to moderate. This moderation is primarily<br \/>\nthe result of substantial macro-prudential<br \/>\nmeasures put in place over the past 18 months<br \/>\nor so. Also, interest rates remaining low for still<br \/>\nlonger than earlier expected will allow house-<br \/>\nholds to continue their orderly bal-<br \/>\nance sheet readjustment. Among<br \/>\nother things, this implies that<br \/>\nhousing starts in Canada<br \/>\nshould decline further<br \/>\nin 2014: from 215K<br \/>\nin 2012, to 185K in<br \/>\n2013 and 175K in<br \/>\n2014. <\/p>\n<p>LEADING THE ENVIRONMENTAL RISK INDUSTRY<br \/>\nWITH CANADA\u2019S GREATEST RANGE OF DATA<\/p>\n<p>For more than 15 years, Environmental Risk Information <\/p>\n<p>Services (ERIS) has delivered more accurate, affordable, <\/p>\n<p>on-demand radius database reports than any other company in <\/p>\n<p>Canada. And now, we\u2019re even expanding into the US. For more <\/p>\n<p>information, visit our new North American website at erisinfo.com, <\/p>\n<p>featuring current and historical data and a new report format. We <\/p>\n<p>thank you for your continued trust in ERIS, and we look forward  <\/p>\n<p>wto serving you with our nation\u2019s most comprehensive  <\/p>\n<p>database of environmental risk information.<\/p>\n<p>www.erisinfo.com   Toll-Free: 1-888-245-5460    E-mail: info@erisinfo.com<\/p>\n<p>Ask About the New Online<br \/>\nReport Writing Platform<\/p>\n<p>quire<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 29Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>http:\/\/www.erisinfo.com<br \/>\nmailto:info@erisinfo.com<\/p>\n<p>L\u2019\u00c9CONOMIE DU CANADA<br \/>\nEN TRANSITION<\/p>\n<p>P A R  C A R L O S  L E I T A O<br \/>\n\u00c9CONOMIS T E EN CHEF, B A NQUE L AUREN T IENNE DU C A N A DA<\/p>\n<p>PERSPECTIVES \u00c9CONOMIQUES<\/p>\n<p>L \u2019\u00e9conomie du Canada est entr\u00e9e dans une p\u00e9riode de transition en 2013. Les d\u00e9penses des m\u00e9nages, la principale source<br \/>\nde croissance \u00e9conomique depuis 2010,<br \/>\nont progressivement \u00e9t\u00e9 limit\u00e9es par le<br \/>\ntaux \u00e9lev\u00e9, et en hausse, d\u2019endettement<br \/>\nde ceux-ci. Toutefois, la reprise des<br \/>\ninvestissements des entreprises et des<br \/>\nexportations de marchandises devait<br \/>\ncompenser pour la diminution in\u00e9vitable<br \/>\nde ces derni\u00e8res.<\/p>\n<p>Ce changement dans la composition<br \/>\nde la demande finale s\u2019est av\u00e9r\u00e9 d\u00e9cevant<br \/>\nen 2013, puisque les exportations sont<br \/>\npratiquement demeur\u00e9es inchang\u00e9es.<br \/>\nPlusieurs facteurs sont \u00e0 l\u2019origine de<br \/>\ncette situation : la faible croissance<br \/>\nde la productivit\u00e9 int\u00e9rieure s\u2019est<br \/>\npoursuivie, la vigueur persistante<br \/>\ndu dollar canadien et la capacit\u00e9 de<br \/>\nla production manufacturi\u00e8re qui<br \/>\ns\u2019affaiblit. Cependant, en fin de compte,<br \/>\nle fl\u00e9chissement des exportations<br \/>\ncanadiennes (et des investissements des<br \/>\nentreprises) a \u00e9t\u00e9 plus important que<br \/>\nla croissance \u00e9conomique mondiale<br \/>\npr\u00e9vue, quatre ans apr\u00e8s la fin de la<br \/>\nGrande R\u00e9cession.<\/p>\n<p>En effet, une des surprises de 2013 sur<br \/>\nle plan \u00e9conomique fut le tr\u00e8s faible taux<br \/>\nd\u2019inflation dans les pays \u00e0 \u00e9conomies<br \/>\nde march\u00e9 d\u00e9velopp\u00e9es, directement<br \/>\nattribuable \u00e0 la morosit\u00e9 \u00e9conomique et<br \/>\n\u00e0 la croissance de l\u2019\u00e9cart de production<br \/>\nmondial. Au Canada, en 2013, le taux<br \/>\nd\u2019inflation s\u2019est maintenu en moyenne <\/p>\n<p>\u00e0 environ 1,0 %, ce qui repr\u00e9sente une<br \/>\nbaisse de 1,5 % par rapport \u00e0 2012 et<br \/>\nde 2,9 % par rapport \u00e0 2011. Aux \u00c9tats-<br \/>\nUnis, le taux d\u2019inflation de l\u2019indice des<br \/>\nprix \u00e0 la consommation (IPC) a diminu\u00e9<br \/>\npour demeurer \u00e0 1,5 % en 2013, par<br \/>\nrapport \u00e0 2,1 % en 2012.<\/p>\n<p>Une des principales cons\u00e9quences<br \/>\nde la faible inflation consiste en le<br \/>\nmaintien des tr\u00e8s faibles taux d\u2019int\u00e9r\u00eat.<br \/>\nEn outre, puisque la faiblesse du taux<br \/>\nd\u2019inflation se poursuivra en 2014,<br \/>\nl\u2019orientation de la politique mon\u00e9taire<br \/>\ndes banques centrales de l\u2019Organisation<br \/>\nde coop\u00e9ration et de d\u00e9veloppement<br \/>\n\u00e9conomiques (OCDE) restera<br \/>\nconciliante. Au Canada, il est attendu<br \/>\nque la Banque du Canada conservera<br \/>\nson taux de protection \u00e0 1,00 % jusqu\u2019au<br \/>\nmoins la mi-2015, alors que la R\u00e9serve<br \/>\nf\u00e9d\u00e9rale am\u00e9ricaine n\u2019augmentera pas son<br \/>\ntaux avant la fin de 2015. Elle devrait<br \/>\npar contre mettre fin \u00e0 son imposant<br \/>\nprogramme de rachat d\u2019actifs en 2014. <\/p>\n<p>Au cours du printemps 2013, les<br \/>\ntaux d\u2019int\u00e9r\u00eat commerciaux (rendement<br \/>\ndes obligations d\u2019\u00c9tat \u00e0 moyen et \u00e0<br \/>\nlong terme) ont connu une hausse par<br \/>\nrapport aux taux extr\u00eamement faibles<br \/>\no\u00f9 ils se situaient dans la deuxi\u00e8me<br \/>\nmoiti\u00e9 de 2012, constituant ainsi<br \/>\nune am\u00e9lioration dans l\u2019\u00e9conomie<br \/>\ndu secteur priv\u00e9 am\u00e9ricain. Nous ne<br \/>\npr\u00e9voyons pas que les taux commerciaux<br \/>\naugmenteront au m\u00eame rythme observ\u00e9<br \/>\nde mai \u00e0 septembre 2013 en raison de<br \/>\nl\u2019absence de tensions inflationnistes et de <\/p>\n<p>UNE DES SURPRISES<br \/>\nDE 2013 SUR LE PLAN<br \/>\n\u00c9CONOMIQUE FUT LE <\/p>\n<p>TR\u00c8S FAIBLE TAUX<br \/>\nD\u2019INFLATION DANS LES<br \/>\nPAYS \u00c0 \u00c9CONOMIES DE <\/p>\n<p>MARCH\u00c9 D\u00c9VELOPP\u00c9ES,<br \/>\nDIRECTEMENT <\/p>\n<p>ATTRIBUABLE \u00c0 LA<br \/>\nMOROSIT\u00c9 \u00c9CONOMIQUE <\/p>\n<p>ET \u00c0 LA CROISSANCE<br \/>\nDE L\u2019\u00c9CART DE <\/p>\n<p>PRODUCTION MONDIAL.<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201430 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>PERSPECTIVES \u00c9CONOMIQUES<\/p>\n<p>l\u2019engagement ferme de la R\u00e9serve f\u00e9d\u00e9rale<br \/>\n\u00e0 maintenir son taux de protection \u00e0<br \/>\nz\u00e9ro bien apr\u00e8s l\u2019am\u00e9lioration de la<br \/>\ncroissance \u00e9conomique et de<br \/>\nla chute du taux de ch\u00f4mage<br \/>\nsous les 6,5 %.<\/p>\n<p>En 2014, les perspectives<br \/>\n\u00e9conomiques mondiales<br \/>\ndeviendront graduellement<br \/>\nmeilleures, tout d\u2019abord aux<br \/>\n\u00c9tats-Unis et ensuite dans les<br \/>\nautres pays \u00e0 \u00e9conomies de march\u00e9<br \/>\nd\u00e9velopp\u00e9es. Par ailleurs, l\u2019accord conclu<br \/>\nentre les D\u00e9mocrates et les R\u00e9publicains<br \/>\nconcernant le budget pluriannuel visant<br \/>\n\u00e0 pr\u00e9venir un autre gouffre budg\u00e9taire au<br \/>\nd\u00e9but de 2014 constitue un changement<br \/>\nr\u00e9cent tr\u00e8s positif. La reprise de l\u2019\u00e9cono-<br \/>\nmie, toutefois, se fera de fa\u00e7on relative-<br \/>\nment lente et irr\u00e9guli\u00e8re, le seul risque<br \/>\n\u00e9tant de demeurer sous le taux d\u2019inflation<br \/>\ncibl\u00e9. \u00c0 l\u2019\u00e9chelle internationale, la crois-<br \/>\nsance du produit int\u00e9rieur brut (PIB)<br \/>\nne devrait pas d\u00e9passer les 4 % en 2014,<br \/>\nce qui est encore loin de la vitesse de<br \/>\nlib\u00e9ration accept\u00e9e et qui n\u2019exercera pas<br \/>\nde pression importante \u00e0 la hausse sur les<br \/>\nrendements obligataires mondiaux et les<br \/>\nprix des produits de base. Au Canada,<br \/>\ncela se traduira par une autre ann\u00e9e de<br \/>\ncroissance \u00e9conomique modeste, se chif-<br \/>\nfrant \u00e0 environ 2,3 %, une hausse un peu<br \/>\nplus \u00e9lev\u00e9e que celle de 1,7 % obtenue<br \/>\nen 2012 et en 2013. De plus, cette aug-<br \/>\nmentation ne suffira pas \u00e0 diminuer<br \/>\nconsid\u00e9rablement le taux de ch\u00f4mage, qui<br \/>\ndevrait avoisiner les 7,0 %. \u00c9tant donn\u00e9<br \/>\nla faiblesse relative des prix des produits<br \/>\nde base et le ton clairement neutre adopt\u00e9<br \/>\npar la Banque du Canada, il est attendu <\/p>\n<p>que le dollar canadien demeure pr\u00e8s de<br \/>\nla barre des 90 cents am\u00e9ricains, toute<br \/>\nune diff\u00e9rence par rapport \u00e0 la presque<br \/>\nparit\u00e9 atteinte au cours des deux derni\u00e8res<br \/>\nann\u00e9es, r\u00e9sultant ainsi en une augmenta-<br \/>\ntion graduelle des marges d\u2019exploitation<br \/>\ndes exportateurs canadiens et en des<br \/>\ninvestissements consid\u00e9rables dans les<br \/>\nbiens d\u2019\u00e9quipement durant la deuxi\u00e8me<br \/>\nmoiti\u00e9 de l\u2019ann\u00e9e. <\/p>\n<p>Enfin, les risques entourant un<br \/>\nhypoth\u00e9tique effondrement du march\u00e9<br \/>\nimmobilier au Canada ont diminu\u00e9 en<br \/>\nraison de la mod\u00e9ration des prix et du<br \/>\nvolume de ventes r\u00e9sultant principalement<br \/>\nde la mise en \u0153uvre d\u2019importantes<br \/>\nmesures macroprudentielles au cours des<br \/>\n18 derniers mois environ. De plus, les<br \/>\ntaux d\u2019int\u00e9r\u00eats qui demeurent bas plus<br \/>\nlongtemps que pr\u00e9vu permettront aux<br \/>\nm\u00e9nages de continuer \u00e0 r\u00e9ajuster leur<br \/>\nbilan de mani\u00e8re ordonn\u00e9e. Entre autres,<br \/>\ncela signifie que les mises en chantier<br \/>\nd\u2019habitations au Canada poursuivront<br \/>\nleur chute en 2014, passant de 215 000<br \/>\nen 2012 \u00e0 185 000 en 2013, et \u00e0 175 000<br \/>\nen 2014. <\/p>\n<p>\u00c9TANT DONN\u00c9 LA FAIBLESSE RELATIVE DES PRIX<br \/>\nDES PRODUITS DE BASE ET LE TON CLAIREMENT <\/p>\n<p>NEUTRE ADOPT\u00c9 PAR LA BANQUE DU CANADA, IL EST<br \/>\nATTENDU QUE LE DOLLAR CANADIEN DEMEURE PR\u00c8S <\/p>\n<p>DE LA BARRE DES 90 CENTS AM\u00c9RICAINS, TOUTE UNE<br \/>\nDIFF\u00c9RENCE PAR RAPPORT \u00c0 LA PRESQUE PARIT\u00c9 <\/p>\n<p>ATTEINTE AU COURS DES DEUX DERNI\u00c8RES ANN\u00c9ES.<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 31Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>PROFESSIONAL PRACTICE MATTERS<\/p>\n<p>TO COOPERATE:<br \/>\nTO WORK TOGETHER<br \/>\nB Y  P E T E R  L A W R E K ,  A A C I ,  P. A P P , <\/p>\n<p>V OLUN T EER, A PPE A L SUB-COMMI T T EE<\/p>\n<p>N A T H A L I E  R O Y &#8211; P A T E N A U D E ,  A A C I ,  P. A P P ,<br \/>\nDIRECTOR-COUNSEL LOR, PROF E S SION A L PR ACT ICE<\/p>\n<p>T his professional practice article focuses on the obligation of AIC members to cooperate when their practice and\/or ethics are being challenged.<br \/>\nIn general terms, non-cooperation can be<br \/>\ndefined as refusing or showing opposition<br \/>\nto doing what someone has been asked,<br \/>\ntold or ordered to do. The expectation of<br \/>\nMember cooperation is very much at the<br \/>\ncore of AIC Bylaws, Regulations, Policies and<br \/>\nStandards of practice; failure to do so is an<br \/>\nethical violation under Appraisal Institute<br \/>\nof Canada (AIC) Canadian Uniform<br \/>\nStandards of Professional Appraisal Practice<br \/>\n(CUSPAP). As AIC Members (designated,<br \/>\ncandidate, student, retired, honorary or<br \/>\nassociate), we pledge to conduct ourselves<br \/>\nin a manner that is not detrimental to the<br \/>\npublic, the Institute, or the real property<br \/>\nappraisal profession (Ethics Standard Rule<br \/>\n4.1.1), and our relationships with other<br \/>\nmembers and the Institute are expected to<br \/>\nportray courtesy and good faith, and show<br \/>\nrespect for the Institute and its procedures.  <\/p>\n<p>Under CUSPAP, incidences of non-<br \/>\ncooperation can include such practices<br \/>\nas failing or refusing to provide or<br \/>\nunreasonably delaying the submission of a<br \/>\nwritten report, work file or other material<br \/>\nupon the request of the Institute. The<br \/>\nnotion that the AIC is not the client or the<br \/>\nintended user is not excusable. Members<br \/>\ncan be assured that, whether for the<br \/>\ninvestigation of a complaint or claim or a<br \/>\npolicy matter, authorized committees of the<br \/>\nAIC are required to uphold the confidential<br \/>\nnature of the information requested.    <\/p>\n<p>A work file must be prepared for each<br \/>\nassignment and retained for a period<br \/>\nof at least seven years after preparation<br \/>\nor at least two years after final<br \/>\ndisposition of any judicial proceeding<br \/>\nin which testimony was given. Simply<br \/>\nhaving a report without a work file<br \/>\nis in contravention of CUSPAP. Not<br \/>\nsubmitting the complete content of one\u2019s<br \/>\nwork file is also a violation. The work<br \/>\nfile must preserve the evidence of the<br \/>\nappraiser\u2019s consideration of all applicable<br \/>\ndata in order to support the findings and<br \/>\nconclusions of the appraiser. It must also<br \/>\ninclude any correspondence (written or<br \/>\noral; hard or soft copy) relating to the<br \/>\nassignment. The complete work file is<br \/>\nreviewed as part of an investigation.  <\/p>\n<p>Section 5.11 of the AIC Consolidated<br \/>\nRegulations (2013) deals with non-<br \/>\ncooperation with an investigation when<br \/>\na Member refuses to fully cooperate<br \/>\nwith a complaint investigation or<br \/>\nany other investigation. Notification<br \/>\nof any deadline for submission of<br \/>\ninformation is provided to the Member<br \/>\nin accordance with Regulations.<br \/>\nFailure to provide the information<br \/>\nwithin the prescribed timeline may<br \/>\nresult in the requisitioning of an<br \/>\nAdjudicating hearing by the Professional<br \/>\nPractice Advocate, and, ultimately,<br \/>\nin the suspension of designation or<br \/>\nmembership status. A Member can<br \/>\nappeal the decision of an Adjudicating<br \/>\nPanel within the prescribed appeal<br \/>\nperiod in the Regulations.  <\/p>\n<p>NON-COOPERATION CAN<br \/>\nBE DEFINED AS REFUSING<br \/>\nOR SHOWING OPPOSITION <\/p>\n<p>TO DOING WHAT SOMEONE<br \/>\nHAS BEEN ASKED, TOLD <\/p>\n<p>OR ORDERED TO DO.<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201432 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>PROFESSIONAL PRACTICE MATTERS<\/p>\n<p>By a two-thirds vote of Directors<br \/>\nvoting at any Board meeting, the<br \/>\nBoard may also suspend use of any<br \/>\ndesignation or membership by any<br \/>\nMember who is in contravention of<br \/>\nthe Institute\u2019s Bylaws, Regulations or<br \/>\nPolicies, or who engages in conduct<br \/>\nthat contravenes CUSPAP.  <\/p>\n<p>During the suspension period,<br \/>\nthe Member will be required to<br \/>\nmeet the terms of the suspension,<br \/>\nand failing to do so may result in<br \/>\nremoval from membership. As per<br \/>\nAIC Bylaws and Regulations, the<br \/>\nBoard has the authority to expel a<br \/>\nMember for a period of five years. <\/p>\n<p>Here are some examples of non-<br \/>\ncooperation that have led to notices of<br \/>\nsuspension and the requisitioning of<br \/>\nadjudicating hearings:<\/p>\n<p>\u2022 refusal by the Member to<br \/>\nsubmit his or her work file;<\/p>\n<p>\u2022 delayed responses, or no response<br \/>\nat all, after several attempts by<br \/>\nthe Counsellor, Professional<br \/>\nPractice, the investigator or the<br \/>\nProfessional Practice Advocate;<\/p>\n<p>\u2022 intentional vagueness in responses,<br \/>\nresulting in multiple attempts to<br \/>\nobtain and objectively investigate<br \/>\nthe facts;<\/p>\n<p>BEING THE SUBJECT OF A COMPLAINT,<br \/>\nCLAIM OR NON-COMPLIANCE ISSUE CAN  <\/p>\n<p>BE STRESSFUL, HOWEVER, NON-COOPERATION<br \/>\nWILL NOT MAKE THE SITUATION GO AWAY.<\/p>\n<p>INCIDENCES OF NON-COOPERATION CAN INCLUDE SUCH PRACTICES AS<br \/>\nFAILING OR REFUSING TO PROVIDE OR UNREASONABLY DELAYING  <\/p>\n<p>THE SUBMISSION OF A WRITTEN REPORT, WORK FILE OR OTHER MATERIAL<br \/>\nUPON THE REQUEST OF THE INSTITUTE.<\/p>\n<p>\u2022 multiple attempts to contact<br \/>\nthe Member by email,<br \/>\nmail, fax or telephone, with<br \/>\nunreturned phone calls or no<br \/>\nresponses at all; and<\/p>\n<p>\u2022 failure to meet the<br \/>\nrequirements of a disciplinary<br \/>\ndecision, i.e., Practice<br \/>\nSanction Consent Agreement,<br \/>\nConsent Order, Adjudicating,<br \/>\nAppeal or Board decision<br \/>\nwithin the consented or<br \/>\nordered deadline(s) <\/p>\n<p>Without a doubt, being the<br \/>\nsubject of a complaint, claim<br \/>\nor non-compliance issue can<br \/>\nbe stressful, however, non-<br \/>\ncooperation will not make the<br \/>\nsituation go away. AIC Bylaws and<br \/>\nRegulations are in place to ensure<br \/>\nprocedural fairness, but also<br \/>\nthe timely resolution of matters<br \/>\nthat may put a Member\u2019s ethics<br \/>\nand standards of practice into<br \/>\nquestion. The disciplinary process<br \/>\nis intended to be a collaborative<br \/>\nprocess with open communication<br \/>\nbetween the AIC and the<br \/>\nMember, and Members can avoid<br \/>\ninadvertent non-cooperation by<br \/>\nbeing proactive in responding to <\/p>\n<p>the AIC within the requested timeframe. The AIC<br \/>\nacknowledges that extraordinary circumstances<br \/>\ncan cause delays and advising the AIC of a delay<br \/>\nand\/or requesting an extension with reasons<br \/>\n(subject to AIC review and approval) can go a long<br \/>\nway in showing respect for the process. <\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 33Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>PARLONS PRATIQUE PROFESSIONNELLE<\/p>\n<p>COLLABORER :<br \/>\nTRAVAILLER ENSEMBLE <\/p>\n<p>P A R  P E T E R  L A W R E K ,  A A C I ,  P. A P P ,<br \/>\nB\u00c9N\u00c9 V OL E , S OUS -COMI T \u00c9 DE S A PPEL S<\/p>\n<p>N A T H A L I E  R O Y &#8211; P A T E N A U D E ,  A A C I ,  P. A P P ,<br \/>\nDIRECT RICE-CONSEIL L \u00c8RE , PR AT IQUE PROF E S SIONNEL L E<\/p>\n<p>C et article sur la pratique professionnelle examine l\u2019obligation des membres de l\u2019ICE de coop\u00e9rer lorsque leur pratique<br \/>\net(ou) leur \u00e9thique sont contest\u00e9es.<br \/>\nEn termes g\u00e9n\u00e9raux, on pourrait d\u00e9finir<br \/>\nle refus de collaborer comme le refus ou<br \/>\nune opposition manifeste \u00e0 faire ce que<br \/>\nquelqu\u2019un a \u00e9t\u00e9 pri\u00e9, avis\u00e9 ou somm\u00e9<br \/>\nde faire. L\u2019attente de la collaboration<br \/>\ndu membre est un \u00e9l\u00e9ment essentiel des<br \/>\nstatuts, r\u00e8glements, politiques et normes de<br \/>\nl\u2019ICE; tout manquement \u00e0 cette attente<br \/>\nconstitue une infraction \u00e9thique en<br \/>\nvertu des Normes uniformes de pratique<br \/>\nprofessionnelle en mati\u00e8re d\u2019 \u00e9valuation<br \/>\nau Canada (NUPPEC) de l\u2019Institut<br \/>\ncanadien des \u00e9valuateurs (ICE). En<br \/>\nqualit\u00e9 de membres de l\u2019ICE (d\u00e9sign\u00e9s,<br \/>\nstagiaires, \u00e9tudiants, retrait\u00e9s, honoraires<br \/>\nou associ\u00e9s), nous nous engageons \u00e0 nous<br \/>\ncomporter d\u2019une mani\u00e8re qui ne portera<br \/>\npas pr\u00e9judice au public, \u00e0 l\u2019Institut ou<br \/>\n\u00e0 la profession d\u2019\u00e9valuateur immobilier<br \/>\n(Norme relative aux questions d\u2019 \u00e9thique<br \/>\n4.1.1) et on s\u2019attend \u00e0 ce que nos relations<br \/>\navec les autres membres et avec l\u2019Institut<br \/>\nfassent preuve de courtoisie et de bonne<br \/>\nfoi et d\u00e9montrent le respect envers<br \/>\nl\u2019Institut et ses proc\u00e9dures.  <\/p>\n<p>En vertu des NUPPEC, les cas de<br \/>\nrefus de collaborer peuvent inclure des<br \/>\npratiques telles omettre ou refuser de<br \/>\nfournir ou retarder d\u00e9raisonnablement<br \/>\nla remise d\u2019un rapport \u00e9crit, d\u2019un dossier<br \/>\nde travail ou de tout autre document<br \/>\ndemand\u00e9 par l\u2019Institut. La notion que <\/p>\n<p>l\u2019ICE n\u2019est pas le client ou l\u2019utilisateur<br \/>\npr\u00e9vu est inexcusable. Les membres ont<br \/>\nl\u2019assurance, qu\u2019il s\u2019agisse d\u2019une enqu\u00eate<br \/>\npar suite d\u2019une plainte, d\u2019une r\u00e9clamation<br \/>\nou d\u2019une question de politique, que les<br \/>\ncomit\u00e9s autoris\u00e9s de l\u2019ICE sont tenus<br \/>\nde respecter la nature confidentielle des<br \/>\nrenseignements demand\u00e9s.    <\/p>\n<p>Un dossier de travail doit \u00eatre pr\u00e9par\u00e9<br \/>\npour chaque affectation et doit \u00eatre<br \/>\nconserv\u00e9 pendant au moins sept ans apr\u00e8s<br \/>\nsa pr\u00e9paration ou pendant au moins<br \/>\ndeux ans apr\u00e8s le r\u00e8glement final de toute<br \/>\nproc\u00e9dure judiciaire dans le cadre de<br \/>\nlaquelle un t\u00e9moignage a \u00e9t\u00e9 donn\u00e9. Le<br \/>\nfait d\u2019avoir un rapport non assorti d\u2019un<br \/>\ndossier de travail est une contravention<br \/>\naux NUPPEC. Le fait de ne pas remettre<br \/>\nle contenu int\u00e9gral d\u2019un dossier de travail<br \/>\nconstitue \u00e9galement une infraction. Le<br \/>\ndossier de travail doit pr\u00e9server la preuve<br \/>\nque l\u2019\u00e9valuateur a pris en consid\u00e9ration<br \/>\ntoutes les donn\u00e9es pertinentes de<br \/>\nmani\u00e8re \u00e0 appuyer ses constatations et<br \/>\nses conclusions. Le dossier de travail<br \/>\ndoit aussi inclure toute correspondance<br \/>\n(\u00e9crite ou verbale; en copie papier ou<br \/>\n\u00e9lectronique) relative \u00e0 l\u2019affectation. Le<br \/>\ndossier de travail complet est \u00e9tudi\u00e9 dans<br \/>\nle cadre d\u2019une enqu\u00eate.  <\/p>\n<p>Le paragraphe 5.11 des R\u00e8glements<br \/>\nconsolid\u00e9s (2013) de l\u2019ICE traite du refus<br \/>\nde collaborer \u00e0 une enqu\u00eate quand un<br \/>\nmembre refuse de collaborer pleinement<br \/>\n\u00e0 l\u2019enqu\u00eate r\u00e9sultant d\u2019une plainte ou \u00e0<br \/>\ntoute autre enqu\u00eate. L\u2019avis de toute date<br \/>\nlimite de remise des renseignements est <\/p>\n<p>ON PEUT D\u00c9FINIR LE REFUS<br \/>\nDE COLLABORER COMME LE<br \/>\nREFUS OU UNE OPPOSITION<br \/>\nMANIFESTE \u00c0 FAIRE CE QUE <\/p>\n<p>QUELQU\u2019UN A \u00c9T\u00c9 PRI\u00c9,<br \/>\nAVIS\u00c9 OU SOMM\u00c9 DE FAIRE.<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201434 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>PARLONS PRATIQUE PROFESSIONNELLE<\/p>\n<p>servi au membre en conformit\u00e9 des R\u00e8glements.<br \/>\nTout manquement \u00e0 fournir les renseignements<br \/>\ndans les d\u00e9lais prescrits peut entra\u00eener la<br \/>\nconvocation d\u2019une audience d\u2019arbitrage par<br \/>\nle m\u00e9diateur en pratique professionnelle<br \/>\net, ultimement, la suspension du titre ou<br \/>\ndu statut de membre. Un membre peut en<br \/>\nappeler de la d\u00e9cision d\u2019un panel d\u2019arbitrage<br \/>\ndans les d\u00e9lais prescrits dans les R\u00e8glements.  <\/p>\n<p>Suite \u00e0 un vote majoritaire des deux tiers<br \/>\ndes administrateurs lors d\u2019une r\u00e9union du<br \/>\nConseil, celui-ci peut suspendre \u00e9galement<br \/>\nl\u2019utilisation de tout titre professionnel par un<br \/>\nmembre qui contrevient aux statuts, r\u00e8glements<br \/>\nou politiques de l\u2019Institut ou dont la conduite<br \/>\nest en contravention des NUPPEC. <\/p>\n<p>Au cours de la p\u00e9riode de suspension, le<br \/>\nmembre sera tenu de se conformer aux modalit\u00e9s<br \/>\nde la suspension et tout manquement pourra<br \/>\nentra\u00eener l\u2019abrogation du statut de membre.<br \/>\nConform\u00e9ment aux statuts et r\u00e8glements de<br \/>\nl\u2019ICE, le Conseil a le pouvoir d\u2019expulser un<br \/>\nmembre pour une p\u00e9riode de cinq ans. <\/p>\n<p>Voici quelques exemples de refus de collaborer<br \/>\nqui ont donn\u00e9 lieu \u00e0 des avis de suspension et<br \/>\n\u00e0 la convocation d\u2019audiences disciplinaire :<\/p>\n<p>\u2022 refus du membre de soumettre<br \/>\nson dossier de travail;<\/p>\n<p>\u2022 r\u00e9ponses tardives ou aucune r\u00e9ponse apr\u00e8s<br \/>\nplusieurs tentatives de la conseill\u00e8re en<br \/>\npratique professionnelle, de l\u2019enqu\u00eateur ou<br \/>\ndu m\u00e9diateur en pratique professionnelle;<\/p>\n<p>\u2022 r\u00e9ponses intentionnellement \u00e9vasives<br \/>\nr\u00e9sultant dans des tentatives r\u00e9p\u00e9t\u00e9es <\/p>\n<p>UN MEMBRE FAISANT L\u2019OBJET D\u2019UNE PLAINTE, D\u2019UNE R\u00c9CLAMATION OU<br \/>\nD\u2019UNE ALL\u00c9GATION DE NON-CONFORMIT\u00c9 PEUT \u00c9PROUVER DU STRESS, MAIS <\/p>\n<p>SON REFUS DE COLLABORER NE FERA PAS DISPARA\u00ceTRE LA SITUATION.<\/p>\n<p>LES CAS DE REFUS DE COLLABORER PEUVENT INCLURE DES PRATIQUES TELLES<br \/>\nOMETTRE OU REFUSER DE FOURNIR OU RETARDER D\u00c9RAISONNABLEMENT  <\/p>\n<p>LA REMISE D\u2019UN RAPPORT \u00c9CRIT, D\u2019UN DOSSIER DE TRAVAIL OU DE TOUT<br \/>\nAUTRE DOCUMENT DEMAND\u00c9 PAR L\u2019INSTITUT.<\/p>\n<p>d\u2019obtenir les faits et de faire enqu\u00eate de fa\u00e7on objective;<br \/>\n\u2022 multiples tentatives de communiquer avec le membre par <\/p>\n<p>courriel, courrier, t\u00e9l\u00e9copieur ou t\u00e9l\u00e9phone restant sans r\u00e9ponse;<br \/>\n\u2022 refus de se conformer aux exigences d\u2019une d\u00e9cision <\/p>\n<p>disciplinaire, c.-\u00e0-d., entente de consentement \u00e0 une<br \/>\nsanction de pratique, ordonnance de consentement,<br \/>\narbitrage, appel ou d\u00e9cision du Conseil avant l\u2019expiration<br \/>\npr\u00e9vue du consentement ou de l\u2019ordonnance. <\/p>\n<p>Il ne fait aucun doute qu\u2019un membre faisant l\u2019objet d\u2019une plainte,<br \/>\nd\u2019une r\u00e9clamation ou d\u2019une all\u00e9gation de non-conformit\u00e9 peut<br \/>\n\u00e9prouver du stress, mais son refus de collaborer ne fera pas<br \/>\ndispara\u00eetre la situation. Les statuts et r\u00e8glements de l\u2019ICE sont en<br \/>\nplace pour assurer l\u2019\u00e9quit\u00e9 en mati\u00e8re de proc\u00e9dure, mais aussi<br \/>\npour r\u00e9soudre promptement toutes les questions qui mettent<br \/>\nen cause l\u2019\u00e9thique et les normes de pratique d\u2019un membre.<br \/>\nLe processus disciplinaire se<br \/>\nveut un processus fond\u00e9 sur<br \/>\nla collaboration favorisant<br \/>\ndes communications ouvertes<br \/>\nentre l\u2019ICE et le membre. Le<br \/>\nmembre peut \u00e9viter d\u2019\u00eatre<br \/>\nen situation de refus<br \/>\nde collaborer par<br \/>\ninadvertance en \u00e9tant<br \/>\nproactif dans ses<br \/>\nr\u00e9ponses aux demandes<br \/>\nde l\u2019ICE dans les d\u00e9lais<br \/>\npr\u00e9vus. L\u2019ICE reconna\u00eet que<br \/>\ndes circonstances extraordinaires peuvent<br \/>\ncauser des retards. En pareil cas, un<br \/>\nmembre a tout int\u00e9r\u00eat \u00e0 manifester son<br \/>\nrespect du processus en avisant l\u2019ICE du retard et(ou)<br \/>\nen demandant une prolongation avec justification<br \/>\n(sujette \u00e0 examen et approbation de l\u2019ICE). <\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 35Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>www.bradfordsoftware.com<br \/>\nwww.bradfordsoftware.com\/Canada<\/p>\n<p>MARKETING &#038; COMMUNICATIONS<\/p>\n<p>Over 24,000 searches were completed<br \/>\non the new \u2018Find an Appraiser\u2019 tool<br \/>\nfrom September-December 2013<\/p>\n<p>De septembre \u00e0 d\u00e9cembre 2013, plus de 24<br \/>\n000 recherches ont \u00e9t\u00e9 effectu\u00e9es \u00e0 l\u2019aide<br \/>\ndu  nouvel outil \u00ab Trouver un \u00e9valuateur \u00bb<\/p>\n<p>More than 68 million impressions<br \/>\nwere earned through online and<br \/>\nprint advertisements within targeted<br \/>\npublications\/sites to promote<br \/>\nmembers and the AIC-designated<br \/>\nappraisal career<\/p>\n<p>Plus de 68 millions d\u2019empreintes<br \/>\nm\u00e9diatiques ont \u00e9t\u00e9 gagn\u00e9es gr\u00e2ce \u00e0<br \/>\ndes annonces imprim\u00e9es et en ligne<br \/>\nau sein de sites\/publications cibl\u00e9s<br \/>\nafin de promouvoir les membres et la<br \/>\ncarri\u00e8re d\u2019\u00e9valuateur d\u00e9sign\u00e9 de l\u2019ICE<\/p>\n<p>Increase in<br \/>\nactivity within<br \/>\nsocial media<br \/>\nchannels including<br \/>\n22% increase<br \/>\nin Facebook<br \/>\nlikes and 31%<br \/>\nincrease in<br \/>\nTwitter followers Over 10,000 AIC <\/p>\n<p>collateral orders by<br \/>\nvarious provincial <\/p>\n<p>affiliates to distribute<br \/>\nwithin each province<\/p>\n<p>Plus de 10 000<br \/>\ncommandes collat\u00e9rales <\/p>\n<p>aupr\u00e8s de l\u2019ICE par<br \/>\ndivers organismes <\/p>\n<p>provinciaux affili\u00e9s \u00e0 des<br \/>\nfins de distribution dans <\/p>\n<p>chaque province.<\/p>\n<p>173% increase in the number of first-<br \/>\ntime visitors for the online version of<br \/>\nthe Canadian Property Valuation, with a<br \/>\nsignificant increase in French-speaking,<br \/>\nUS and International<br \/>\naudiences<\/p>\n<p>Une augmentation de<br \/>\n173 % du nombre de<br \/>\nnouveaux visiteurs \u00e0 la<br \/>\nversion \u00e9lectronique<br \/>\nen ligne de l\u2019\u00c9valuation<br \/>\nimmobili\u00e8re au<br \/>\nCanada : il y a eu<br \/>\nune augmentation<br \/>\nimportante du public<br \/>\nfrancophone, am\u00e9ricain<br \/>\net international<\/p>\n<p>232,000 TOTAL VISITORS TO THE AIC WEBSITE:<br \/>\nup 6% visitors from 2012; 15% increase in<br \/>\nunique visitors and 16% increase in page views<\/p>\n<p>232 000 VISITEURS AU TOTAL AU SITE DE L\u2019ICE :<br \/>\nen hausse de 6 % par rapport \u00e0 2012;<br \/>\nune augmentation de 15 % du nombre de<br \/>\nvisiteurs uniques et une augmentation<br \/>\nde 16 % de pages consult\u00e9es <\/p>\n<p>More than 43 million<br \/>\nimpressions were earned <\/p>\n<p>nationally and internationally<br \/>\nwith media relations activity<\/p>\n<p>Plus de 43 millions<br \/>\nd\u2019empreintes m\u00e9diatiques<br \/>\nont \u00e9t\u00e9 gagn\u00e9es \u00e0 l\u2019\u00e9chelle<br \/>\nnationale et internationale <\/p>\n<p>gr\u00e2ce aux activit\u00e9s de<br \/>\nrelations avec les m\u00e9dias <\/p>\n<p>24,000<\/p>\n<p>68<br \/>\n000<br \/>\n000<\/p>\n<p>10,000 \u00e9173%<\/p>\n<p>Augmentation de<br \/>\nl\u2019activit\u00e9 au niveau <\/p>\n<p>des m\u00e9dias sociaux,<br \/>\ny compris une <\/p>\n<p>augmentation de 22<br \/>\n% des \u00ab j\u2019aime \u00bbsur <\/p>\n<p>Facebook et une<br \/>\naugmentation de 31 % <\/p>\n<p>des abonn\u00e9s Twitter<\/p>\n<p>\u00e922% <\/p>\n<p>232,000 <\/p>\n<p>TWITTER<\/p>\n<p>FACE<br \/>\nBOOK<\/p>\n<p>43<br \/>\n,00<\/p>\n<p>0,000<\/p>\n<p>2013 marketing outcomes \/ R\u00e9sultats de notre campagne de marketing 2013 <\/p>\n<p>\u00e931% <\/p>\n<p>AIC BY THE NUMBERS \/ L&rsquo;ICE EN CHIFFRES<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 37Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>W hen land is expropriated, the holder of the fee simple interest in the land is entitled to compensation,<br \/>\nbut the question arises as to who else must<br \/>\nbe compensated. Does the holder of a<br \/>\nlife estate in the subject property receive<br \/>\ncompensation? How about a judgement<br \/>\nholder, a tenant, a mortgagee, the holder<br \/>\nof the beneficial interest under a trust or a<br \/>\nmere occupant of the land?<\/p>\n<p>In most Canadian jurisdictions,<br \/>\ncompensation depends upon being an<br \/>\n\u2018owner,\u2019 as defined in the particular<br \/>\nexpropriation legislation for a<br \/>\njurisdiction. Consequently, it is crucial<br \/>\nthat appraisers and lawyers understand<br \/>\nwhich holders of rights, estates and<br \/>\ninterests in land qualify under the<br \/>\ndefinitions of \u2018owner\u2019 for expropriation<br \/>\npurposes. This requires an understanding<br \/>\nof the words and phrases that are used<br \/>\nin the definitions and an awareness<br \/>\nof how the words and phrases have<br \/>\nbeen interpreted by the courts in a<br \/>\nparticular jurisdiction.<\/p>\n<p>This article provides a survey of<br \/>\nthe definitions of \u2018owner\u2019 in Canadian<br \/>\nexpropriation legislation and examples<br \/>\nof how tribunals and courts deal with<br \/>\nissues surrounding \u2018owners\u2019 for the<br \/>\npurposes of expropriation.<\/p>\n<p>Definitions of \u2018owner\u2019 in<br \/>\nCanadian expropriation legislation<br \/>\nIn Canada, the spectrum for definitions<br \/>\nof \u2018owner\u2019 range from use of few words <\/p>\n<p>to multi-paragraph descriptions. An<br \/>\nexample of the former is the definition<br \/>\nadopted by Nunavut (Northwest<br \/>\nTerritories), which simply provides<br \/>\n\u201c\u2018owner,\u2019 in relation to an expropriated<br \/>\ninterest, includes the owner of a leasehold<br \/>\ninterest.\u201d1 In Newfoundland and<br \/>\nLabrador, an \u2018owner\u2019 is defined to include<br \/>\na \u201cpurported owner.\u201d2 Federally, no<br \/>\ndefinition of \u2018owner\u2019 is provided.3 <\/p>\n<p>British Columbia has adopted a more<br \/>\nextensive definition:<\/p>\n<p>\u2018owner,\u2019 in relation to land, means<br \/>\n(a)  a person who has an estate, <\/p>\n<p>interest, right or title in or to<br \/>\nthe land including a person who<br \/>\nholds a subsisting judgment or<br \/>\nbuilder\u2019s lien,<\/p>\n<p>(b)  a committee under the Patients<br \/>\nProperty Act,<\/p>\n<p>(b.1)  an attorney under Part 2 of the<br \/>\nPower of Attorney Act,<\/p>\n<p>(b.2)  a guardian, executor,<br \/>\nadministrator or trustee in whom<br \/>\nland is vested, or<\/p>\n<p>(c)  a person who is in legal possession<br \/>\nor occupation of land, other than<br \/>\na person who leases residential<br \/>\npremises under an agreement that<br \/>\nhas a term of less than one year4 <\/p>\n<p>Definitions in other parts of the country<br \/>\nuse a variety of terms and phrases.<br \/>\nThe Alberta definition of \u2018owner,\u2019<br \/>\namong other things, speaks of \u201cany<br \/>\nother person who is known by the<br \/>\nexpropriating authority to have an<br \/>\ninterest in the land.\u201d5 <\/p>\n<p>LEGAL MATTERS<\/p>\n<p>WHO IS AN OWNER?<br \/>\nB Y  J O H N  S H E V C H U K ,  C .  A R B ,  A A C I ( H O N )<\/p>\n<p>B A RRIS T ER &#038; S OL ICI TOR<\/p>\n<p>IT IS CRUCIAL THAT<br \/>\nAPPRAISERS AND <\/p>\n<p>LAWYERS UNDERSTAND<br \/>\nWHICH HOLDERS OF <\/p>\n<p>RIGHTS, ESTATES AND<br \/>\nINTERESTS IN LAND <\/p>\n<p>QUALIFY UNDER THE<br \/>\nDEFINITIONS OF \u2018OWNER\u2019 <\/p>\n<p>FOR EXPROPRIATION<br \/>\nPURPOSES. <\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201438 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>Several provinces specifically refer to<br \/>\nmortgages and mortgagees and provide a<br \/>\ndefinition of \u2018registered owner.\u20196 <\/p>\n<p>In New Brunswick, the definition<br \/>\nof \u2018owner,\u2019 under the expropriation<br \/>\nlegislation, simply includes \u201cany person<br \/>\nholding an estate, easement, licence or<br \/>\nother right or interest in, to, over or<br \/>\naffecting land.\u201d7 <\/p>\n<p>In Prince Edward Island and the<br \/>\nYukon Territories, the definition of<br \/>\n\u2018owner\u2019 makes mention of \u201cmortgagee,<br \/>\nlessee, tenant, occupant and person<br \/>\nentitled to a limited estate or interest&#8230;\u201d8<br \/>\nThe Yukon Territories definition adds<br \/>\n\u201cexecution creditor.\u201d<\/p>\n<p>In Quebec, the expropriation<br \/>\nlegislation speaks of \u201cthe owner of<br \/>\nthe immovable or the holder of the<br \/>\nimmovable real right to be expropriated,\u201d<br \/>\nconsistent with the concepts of property<br \/>\nrights under the Civil Code.9 <\/p>\n<p>However, no matter how extensive<br \/>\nthe definition of \u2018owner,\u2019 the case law<br \/>\nstill requires review to determine how<br \/>\ncourts and expropriation tribunals have<br \/>\ninterpreted the definitions.<\/p>\n<p>Examples from the case law<br \/>\nOccupation<br \/>\nOccupation is a popular concept in the<br \/>\ndefinitions of \u2018owner.\u2019 The question is the<br \/>\ndegree of occupation that will suffice. In<br \/>\nBritish Columbia, a contractor under a<br \/>\nCCDC construction contract relating<br \/>\nto recently expropriated land missed the<br \/>\nlimitation period for filing a Claim of<br \/>\nBuilder\u2019s Lien. The contractor attempted<br \/>\nto overcome this hurdle by arguing that it<br \/>\nwas an occupant of the land by virtue of<br \/>\nthe construction contract and the activity<br \/>\non site. The court disagreed, noting that<br \/>\nthe contractor\u2019s rights were to be found<br \/>\nin the contract. There was only sufficient<br \/>\npossession to undertake the work. The<br \/>\ncourt found that \u201clegal possession or<br \/>\noccupation of land\u201d in the legislation<br \/>\nmeant something more than a mere right<br \/>\nto be on the land. It must be close to an<br \/>\ninterest in land. There must be a benefit<br \/>\nderived from the land itself.10 <\/p>\n<p>However, while the law in British<br \/>\nColumbia might require that a benefit be<br \/>\nderived from the land as a prerequisite<br \/>\nto being an \u2018owner,\u2019 exclusive occupation<br \/>\nor a form of occupation enabling an<br \/>\naction in trespass is likely not required<br \/>\nto be an \u2018owner\u2019 in that province. Thus,<br \/>\nit is at least arguable that a highway<br \/>\nproject that interfered with rights under a<br \/>\nprovincial grazing licence can give rise to<br \/>\ncompensation.11<\/p>\n<p>Inferred\/implied interests<br \/>\nCompany A, as owner of an auto wrecking<br \/>\nyard, allowed Company B to use a portion<br \/>\nof the yard for its business. There was<br \/>\ncommon ownership of the two companies.<br \/>\nThis common ownership and control<br \/>\nwas enough for the tribunal to hold that<br \/>\nit was in Company A\u2019s interest to ensure<br \/>\nthat Company B continued its operation<br \/>\nfrom the subject property and Company<br \/>\nB would have no concern about its<br \/>\ncontinued right to do so. Company B was<br \/>\nfound to have a compensable right in the<br \/>\nexpropriated land.12 <\/p>\n<p>An owner of two parcels sold one,<br \/>\nbut continued to gain access to the<br \/>\nremaining parcel through the parcel that<br \/>\nwas sold. There was no express reservation<br \/>\nof an easement for the vendor\u2019s benefit.<br \/>\nNevertheless, the tribunal held that the<br \/>\npurchaser knew and approved of the <\/p>\n<p>access over its property and, therefore,<br \/>\nthere was an implied easement in<br \/>\nfavour of the vendor giving the vendor<br \/>\na compensable interest that had<br \/>\nbeen expropriated.13<\/p>\n<p>Unregistered interests<br \/>\nIn British Columbia, there is no need<br \/>\nto serve holders of unregistered interests<br \/>\nwith notice of an expropriation, but the<br \/>\nholders of such interests are entitled to<br \/>\ncompensation. Of practical significance<br \/>\nis the Court of Appeal\u2019s decision that<br \/>\nthe time limit imposed for seeking<br \/>\ncompensation under expropriation<br \/>\nlegislation is triggered by the payment of<br \/>\nan \u2018advance payment.\u2019 Without an advance<br \/>\npayment, the time limit in which to<br \/>\ncommence a claim for compensation does<br \/>\nnot apply.14 <\/p>\n<p>Combining of interests<br \/>\nThe owner of the fee simple interest in a<br \/>\ngas station also leased the adjacent site<br \/>\nand used it in the operation of the gas<br \/>\nstation. A supporting column for a light<br \/>\nrapid transit system was erected on the<br \/>\nleased parcel. The court agreed with the<br \/>\nexpropriation tribunal that the leasehold<br \/>\ninterest and the fee simple interest resulted<br \/>\nin a unified ownership for the purposes<br \/>\nof determining the compensation for a<br \/>\npartial taking.15<\/p>\n<p>LEGAL MATTERS<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 39Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>Leases<br \/>\nIt may be that technical reasons prevent persons<br \/>\nfrom qualifying as tenants or lessees, but it may be<br \/>\npossible for such persons to qualify as occupants<br \/>\nunder the various \u2018owner\u2019 definitions.20 <\/p>\n<p>Conclusion<br \/>\nClearly, the identification of parties who could be<br \/>\n\u2018owners\u2019 under expropriation legislation is often not<br \/>\nstraightforward. While review of the title to the<br \/>\nsubject property is the obvious first task, additional<br \/>\nsteps will include:<br \/>\n1. a review of the applicable definition of \u2018owner\u2019 <\/p>\n<p>and the notice and compensation sections in<br \/>\nthe applicable expropriation legislation;<\/p>\n<p>2. gaining an understanding for the specific<br \/>\ntypes of estates and interests that make a<br \/>\nperson an \u2018owner;\u2019<\/p>\n<p>3. a review of case law to learn how the courts<br \/>\nof a given jurisdiction have interpreted the<br \/>\ndefinition of \u2018owner;\u2019 and<\/p>\n<p>4. an inquiry of the known owners of interests<br \/>\nin the subject property to identify potential<br \/>\nother parties.<\/p>\n<p>End notes<br \/>\n1  Expropriation Act, RSNWT 1988, c E-11, s 1<br \/>\n2  Expropriation Act, RSNL 1990, c E-19, s 2<br \/>\n3  Expropriation Act, RSC 1985, c E-21, s 7<br \/>\n4  Expropriation Act, RSBC 1996, c 125<br \/>\n5  Expropriation Act, RSA 2000, c E-13, s 1<br \/>\n6  Expropriation Act, CCSM, c E190, s 1; <\/p>\n<p>Expropriations Act, RSO 1990, c E.26, s 1;<br \/>\nExpropriation Act, RSNS 1989, c 156, s 3;<br \/>\nExpropriation Act, RSS 1989, c 156, s 1<\/p>\n<p>7  Expropriation Act, RSNB 1973, c E-14, s 1<br \/>\n8  Expropriation Act, RSPEI 1988, c E-13, s 1; <\/p>\n<p>Expropriation Act, RSY 2002, c 81, s 1<br \/>\n9  Expropriation Act, CQLR, c E-24, c 40<br \/>\n10  Linear Construction Corp. v British Columbia <\/p>\n<p>(Minister of Transportation &#038; Highways), 1997<br \/>\nCarswellBC 2874 (BCCA)<\/p>\n<p>11  Douglas Lake Cattle Co v British Columbia,<br \/>\n[1990] BCJ No 2307 (QL) (BCCA)<\/p>\n<p>Trust arrangements<br \/>\nMost jurisdictions expressly<br \/>\ncontemplate that land may be held<br \/>\nby a trustee and that the underlying<br \/>\nholders of beneficial interests<br \/>\nare entitled to compensation.<br \/>\nAt least in British Columbia,<br \/>\nunregistered beneficial owners<br \/>\nmay not be entitled to notice of<br \/>\nexpropriation, but they can claim<br \/>\nfor compensation.16 <\/p>\n<p>Profit a prendre<br \/>\nA right to remove all natural<br \/>\nmaterial in situ from particular<br \/>\nlands has been held to be a profit<br \/>\na prendre, giving an interest in<br \/>\nlands and making the holder of<br \/>\nthe right an owner under the<br \/>\nexpropriation legislation.17<\/p>\n<p>Parking lots<br \/>\nadjacent to a restaurant<br \/>\nThe tenant of premises used as<br \/>\na restaurant could not obtain<br \/>\ncompensation when the adjacent<br \/>\nparking lot was partially<br \/>\nexpropriated. The tribunal<br \/>\ninterpreted the terms of the lease as<br \/>\nrequiring reasonable access to the<br \/>\nrestaurant, but not reasonable use<br \/>\nof parking facilities.18 The case is<br \/>\nan indication of the fact dependent<br \/>\nnature of expropriation cases.<\/p>\n<p>Imperfect sublease arrangements<br \/>\nA claimant occupied a water lot<br \/>\npursuant to a sublease. The sub-<br \/>\nlandlord did not obtain the owner\u2019s<br \/>\napproval for the sublease, but the<br \/>\nowner had actual knowledge of<br \/>\nthe sublease. The expropriating<br \/>\nauthority\u2019s argument that the<br \/>\nclaimant was not an \u2018owner,\u2019<br \/>\nbecause it was not in legal<br \/>\npossession, was not accepted.<br \/>\nThe tribunal found that the<br \/>\nclaimant was at least in legal<br \/>\npossession, but that the claimant<br \/>\nhad not established that there had<br \/>\nbeen an expropriation.19 <\/p>\n<p>NO MATTER HOW EXTENSIVE THE DEFINITION OF<br \/>\n\u2018OWNER,\u2019 THE CASE LAW STILL REQUIRES REVIEW TO <\/p>\n<p>DETERMINE HOW COURTS AND EXPROPRIATION<br \/>\nTRIBUNALS HAVE INTERPRETED THE DEFINITIONS.<\/p>\n<p>LEGAL MATTERS<\/p>\n<p>12  Al\u2019s Auto Wrecking Ltd v Surrey (City),<br \/>\n2006 CarswellBC 646 (BCECB)<\/p>\n<p>13  Captain\u2019s Square Holdings Ltd.<br \/>\nv British Columbia (Minister of<br \/>\nTransportation &#038; Highways), 1997<br \/>\nCarswellBC 3149<\/p>\n<p>14  Van Kam Freightways Ltd v Kelowna<br \/>\n(City) 2007 BCCA 287; British<br \/>\nColumbia v Schneider, [1996] BCJ No<br \/>\n1977 (QL) (BCCA)<\/p>\n<p>15  Holdom v British Columbia Transit<br \/>\n2006 BCCA 282<\/p>\n<p>16  Schneider, supra; Pentecostal<br \/>\nAssemblies of Canada v British<br \/>\nColumbia (Minister of Transportation<br \/>\n&#038; Highways), 1999 CarswellBC 1710<br \/>\n(BCECB)<\/p>\n<p>17  McPhail\u2019s Equipment Co v Surrey<br \/>\n(City), 1995 CarswellBC 2593;<br \/>\nLangdale Landing Properties Ltd. v<br \/>\nBritish Columbia 2003 CarswellBC<br \/>\n3556 (BCECB)<\/p>\n<p>18  Anderson v British Columbia (Minister<br \/>\nof Transportation &#038; Highways), 1995<br \/>\nCarswellBC 2585 (BCECB)<\/p>\n<p>19  Vancouver Marina (1971) Ltd v British<br \/>\nColumbia (Minister of Transportation<br \/>\n&#038; Highways), 2000 CarswellBC 2883<br \/>\n(BCECB)<\/p>\n<p>20  Maddock v Surrey (City), 2001<br \/>\nCarswellBC 3278 (BCECB); El &#038;<br \/>\nEl Investments Ltd v Surrey School<br \/>\nDistrict No. 36, 1995 CarswellBC<br \/>\n2574 (BCECB)<\/p>\n<p>Note: This article is provided for the<br \/>\npurposes of generating discussion and<br \/>\nto make practitioners aware of certain<br \/>\nchallenges presented in the law. It is<br \/>\nnot to be taken as legal advice. Any<br \/>\nquestions relating to the applicability of<br \/>\nexpropriation legislation in particular<br \/>\ncircumstances should be put to qualified<br \/>\nlegal and appraisal practitioners. <\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201440 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>IL EST ESSENTIEL QUE<br \/>\nLES \u00c9VALUATEURS ET LES <\/p>\n<p>AVOCATS COMPRENNENT<br \/>\nQUELS SONT LES <\/p>\n<p>D\u00c9TENTEURS DE DROITS,<br \/>\nDE SUCCESSIONS ET  <\/p>\n<p>DE DROITS FONCIERS QUI<br \/>\nSONT ADMISSIBLES EN  <\/p>\n<p>VERTU DES D\u00c9FINITIONS<br \/>\nDE \u00ab PROPRI\u00c9TAIRE \u00bb AUX  <\/p>\n<p>FINS D\u2019EXPROPRIATION. <\/p>\n<p>QUESTIONS JURIDIQUES<\/p>\n<p>QUI EST UN PROPRI\u00c9TAIRE?<br \/>\nP A R  J O H N  S H E V C H U K ,  C .  A R B ,  A A C I ( H O N )<\/p>\n<p>AV OC AT E T PROCUREUR<\/p>\n<p>L orsqu\u2019un terrain est expropri\u00e9, le titulaire de l\u2019int\u00e9r\u00eat en fief simple a droit \u00e0 une indemnisation, ce qui nous am\u00e8ne \u00e0 nous demander qui<br \/>\nd\u2019autre doit \u00eatre indemnis\u00e9. Est-ce qu\u2019on<br \/>\nverse une indemnisation au titulaire d\u2019un<br \/>\ndroit viager dans le terrain en question? Que<br \/>\ndiriez-vous d\u2019un titulaire de jugement, d\u2019un<br \/>\nlocataire, d\u2019un cr\u00e9ancier hypoth\u00e9caire, d\u2019un<br \/>\ntitulaire d\u2019int\u00e9r\u00eat b\u00e9n\u00e9ficiaire d\u2019une fiducie<br \/>\nou d\u2019un simple occupant du terrain?<\/p>\n<p>Dans la plupart des juridictions cana-<br \/>\ndiennes, il faut \u00eatre un \u00ab propri\u00e9taire \u00bb, tel<br \/>\nque d\u00e9fini dans la loi d\u2019expropriation partic-<br \/>\nuli\u00e8re d\u2019une juridiction, avant d\u2019\u00eatre indem-<br \/>\nnis\u00e9. Par cons\u00e9quent, il est essentiel que les<br \/>\n\u00e9valuateurs et les avocats comprennent quels<br \/>\nsont les d\u00e9tenteurs de droits, de successions<br \/>\net de droits fonciers qui sont admissibles en<br \/>\nvertu des d\u00e9finitions de \u00ab propri\u00e9taire \u00bb aux<br \/>\nfins d\u2019expropriation. Cela n\u00e9cessite de com-<br \/>\nprendre les mots et les phrases qui se trouvent<br \/>\ndans les d\u00e9finitions et la fa\u00e7on dont les mots<br \/>\net les phrases ont \u00e9t\u00e9 interpr\u00e9t\u00e9s par les tribu-<br \/>\nnaux au sein d\u2019une juridiction particuli\u00e8re.<\/p>\n<p>Cet article pr\u00e9sente un aper\u00e7u des<br \/>\nd\u00e9finitions du terme \u00ab propri\u00e9taire \u00bb<br \/>\ndans la l\u00e9gislation canadienne en mati\u00e8re<br \/>\nd\u2019expropriation et des exemples montrant<br \/>\ncomment les tribunaux et les cours traitent<br \/>\nles questions concernant les \u00ab\u00a0propri\u00e9taires \u00bb<br \/>\naux fins de l\u2019expropriation.<\/p>\n<p>D\u00e9finitions de terme \u00ab propri\u00e9taire \u00bb<br \/>\ndans la l\u00e9gislation canadienne<br \/>\nen mati\u00e8re d\u2019expropriation<br \/>\nAu Canada, le spectre des d\u00e9finitions du <\/p>\n<p>terme \u00ab propri\u00e9taire \u00bb varie de quelques<br \/>\nmots \u00e0 plusieurs paragraphes. Un exemple<br \/>\nd\u2019une d\u00e9finition de quelques mots est<br \/>\ncelui adopt\u00e9 par le Nunavut (Territoires<br \/>\ndu Nord-Ouest), qui pr\u00e9voit simplement<br \/>\n\u00ab \u201cpropri\u00e9taire\u201d ou \u201ctitulaire\u201d, en mati\u00e8re<br \/>\nd\u2019int\u00e9r\u00eat expropri\u00e9, s\u2019entend notamment<br \/>\ndu titulaire d\u2019un int\u00e9r\u00eat \u00e0 bail. \u00bb1 \u00c0 Terre-<br \/>\nNeuve-et-Labrador, la d\u00e9finition de<br \/>\n\u00ab propri\u00e9taire \u00bb inclut \u00ab purported owner. \u00bb2 \u00c0<br \/>\nl\u2019\u00e9chelle f\u00e9d\u00e9rale, il n\u2019y a aucune d\u00e9finition<br \/>\nde \u00ab propri\u00e9taire \u00bb.3 <\/p>\n<p>La Colombie-Britannique a adopt\u00e9 une<br \/>\nd\u00e9finition plus d\u00e9taill\u00e9e :<\/p>\n<p>\u2018owner,\u2019 in relation to land, means<br \/>\n(a)  a person who has an estate,  <\/p>\n<p>interest, right or title in or to<br \/>\nthe land including a person who<br \/>\nholds a subsisting judgment or<br \/>\nbuilder\u2019s lien,<\/p>\n<p>(b)  a committee under the<br \/>\nPatients Property Act,<\/p>\n<p>(b.1)  an attorney under Part 2 of the<br \/>\nPower of Attorney Act,<\/p>\n<p>(b.2)  a guardian, executor, administrator<br \/>\nor trustee in whom land is vested, or<\/p>\n<p>(c)  a person who is in legal possession<br \/>\nor occupation of land, other than a<br \/>\nperson who leases residential prem-<br \/>\nises under an agreement that has a<br \/>\nterm of less than one year4 <\/p>\n<p>Dans d\u2019autres r\u00e9gions du pays, les<br \/>\nd\u00e9finitions utilisent divers termes et phrases.<br \/>\nL\u2019Alberta d\u00e9finit, entre autres, le terme<br \/>\n\u00ab propri\u00e9taire \u00bb par \u00ab any other person who is<br \/>\nknown by the expropriating authority to have<br \/>\nan interest in the land. \u00bb5<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 41Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>QUESTIONS JURIDIQUES<\/p>\n<p>Plusieurs provinces font directement<br \/>\nr\u00e9f\u00e9rence \u00e0 des pr\u00eats et \u00e0 des cr\u00e9anciers<br \/>\nhypoth\u00e9caires, et donne une d\u00e9finition de<br \/>\n\u00ab registered owners. \u00bb.6<\/p>\n<p>Au Nouveau-Brunswick, la d\u00e9finition<br \/>\nde \u00ab propri\u00e9taire \u00bb, en vertu de la l\u00e9gislation<br \/>\nen mati\u00e8re d\u2019expropriation, comprend tout<br \/>\nsimplement \u00ab une personne titulaire d\u2019un<br \/>\ndroit de tenure, d\u2019une servitude, d\u2019un droit<br \/>\nd\u2019usage ou autre droit dans ou sur un bien-<br \/>\nfonds, ou y aff\u00e9rents. \u00bb7<\/p>\n<p>\u00c0 l\u2019\u00cele -du-Prince -\u00c9douard et aux<br \/>\nTerritoires du Yukon, la d\u00e9finition de<br \/>\n\u00ab propri\u00e9taire \u00bb fait mention de \u00ab mortgagee,<br \/>\nlessee, tenant, occupant and person entitled<br \/>\nto a limited estate or interest\u2026 \u00bb8 La<br \/>\nd\u00e9finition des Territoires du Yukon ajoute :<br \/>\n\u00ab cr\u00e9ancier saisissant. \u00bb<\/p>\n<p>Au Qu\u00e9bec, la loi en mati\u00e8re<br \/>\nd\u2019expropriation fait \u00e9tat de \u00ab propri\u00e9taire<br \/>\nde l\u2019immeuble ou au titulaire du droit r\u00e9el<br \/>\nimmobilier \u00e0 exproprier, \u00bb ce qui correspond<br \/>\naux concepts de droits de propri\u00e9t\u00e9 en vertu<br \/>\ndu Code civil.9<\/p>\n<p>Toutefois, peu importe le niveau de<br \/>\nd\u00e9tail de la d\u00e9finition de \u00ab propri\u00e9taire \u00bb,<br \/>\nla jurisprudence exige toujours un examen<br \/>\nafin de d\u00e9terminer de quelle mani\u00e8re les<br \/>\ntribunaux et les cours d\u2019expropriation ont<br \/>\ninterpr\u00e9t\u00e9 les d\u00e9finitions.<\/p>\n<p>Exemples de la jurisprudence<br \/>\nOccupation<br \/>\nL\u2019occupation est un concept populaire dans<br \/>\nles d\u00e9finitions de \u00ab propri\u00e9taire \u00bb. Mais la<br \/>\nquestion est de savoir le degr\u00e9 d\u2019occupation<br \/>\nqui suffira. En Colombie-Britannique, un <\/p>\n<p>entrepreneur a d\u00e9pass\u00e9 la date limite pour<br \/>\npr\u00e9senter une demande de privil\u00e8ge de<br \/>\nconstructeur dans le cadre d\u2019un contrat de<br \/>\nconstruction avec le CCDC. L\u2019entrepreneur<br \/>\na tent\u00e9 de surmonter cet obstacle en faisant<br \/>\nvaloir qu\u2019il occupait le terrain en vertu du<br \/>\ncontrat de construction et des activit\u00e9s<br \/>\nsur le terrain vis\u00e9. Le tribunal n\u2019\u00e9tait pas<br \/>\nd\u2019accord, en soulignant que les droits de<br \/>\nl\u2019entrepreneur se trouvaient dans le contrat.<br \/>\nLe niveau de possession \u00e9tait suffisant pour<br \/>\nentreprendre les travaux. Le tribunal a con-<br \/>\nstat\u00e9 que \u00ab poss\u00e9der ou occuper un terrain \u00bb<br \/>\ndans la loi signifiait plus qu\u2019un simple droit<br \/>\nd\u2019occuper le terrain. Il s\u2019agissait plut\u00f4t d\u2019un<br \/>\ndroit r\u00e9el immobilier. Il doit y avoir un<br \/>\navantage provenant du terrain lui-m\u00eame.10 <\/p>\n<p>Cependant, alors que la loi en Colom-<br \/>\nbie-Britannique pourrait exiger qu\u2019un<br \/>\navantage soit tir\u00e9 de l\u2019exploitation du terrain<br \/>\navant de devenir \u00ab propri\u00e9taire \u00bb, l\u2019occupa-<br \/>\ntion exclusive ou quelque forme d\u2019occupa-<br \/>\ntion permettant une action en intrusion<br \/>\nne serait probablement pas n\u00e9cessaire afin<br \/>\nd\u2019\u00eatre un \u00ab propri\u00e9taire \u00bb dans cette prov-<br \/>\nince. Ainsi, il est permis de croire qu\u2019un<br \/>\nprojet d\u2019autoroute empi\u00e9tant sur des droits<br \/>\nen vertu d\u2019un permis de p\u00e2turage provincial<br \/>\npourrait donner lieu \u00e0 une indemnisation.11<\/p>\n<p>Droits per\u00e7us\/implicites<br \/>\nEn tant que propri\u00e9taire d\u2019un chantier de<br \/>\nd\u00e9molition d\u2019automobile, l\u2019entreprise A a<br \/>\npermis \u00e0 la soci\u00e9t\u00e9 B d\u2019exploiter une partie<br \/>\ndu chantier pour ses activit\u00e9s commerciales.<br \/>\nLes deux soci\u00e9t\u00e9s avaient des propri\u00e9taires<br \/>\ncommuns. La propri\u00e9t\u00e9 et le contr\u00f4le <\/p>\n<p>communs ont suffi au tribunal pour juger<br \/>\nqu\u2019il \u00e9tait dans l\u2019int\u00e9r\u00eat de l\u2019entreprise A de<br \/>\ns\u2019assurer que l\u2019entreprise B continue d\u2019exploiter<br \/>\n\u00e0 partir de la propri\u00e9t\u00e9 vis\u00e9e et l\u2019entreprise B<br \/>\nne se pr\u00e9occuperait pas du maintien de son<br \/>\ndroit de continuer \u00e0 le faire. On a constat\u00e9 que<br \/>\nl\u2019entreprise B avait droit \u00e0 une indemnisation<br \/>\nen lien avec le terrain expropri\u00e9.12 <\/p>\n<p>Un propri\u00e9taire a vendu une de ses deux<br \/>\nparcelles, mais a continu\u00e9 d\u2019avoir acc\u00e8s \u00e0<br \/>\nl\u2019autre par la parcelle vendue. Il n\u2019y avait<br \/>\naucune r\u00e9serve expresse d\u2019une servitude au<br \/>\nprofit du vendeur. N\u00e9anmoins, le tribunal a<br \/>\njug\u00e9 que l\u2019acheteur \u00e9tait au courant de l\u2019acc\u00e8s<br \/>\npar sa propri\u00e9t\u00e9 et qu\u2019il l\u2019avait approuv\u00e9,<br \/>\net par cons\u00e9quent, il y avait une servitude<br \/>\nimplicite au profit du vendeur donnant ainsi<br \/>\n\u00e0 ce dernier un droit indemnisable qui avait<br \/>\n\u00e9t\u00e9 expropri\u00e9.<\/p>\n<p>Droits non enregistr\u00e9s<br \/>\nEn Colombie-Britannique, il n\u2019est pas n\u00e9ces-<br \/>\nsaire de signifier un avis d\u2019expropriation aux<br \/>\ntitulaires de droits non enregistr\u00e9s, mais les<br \/>\ntitulaires de ces droits sont admissibles \u00e0 une<br \/>\nindemnisation. Le jugement de la Cour d\u2019ap-<br \/>\npel stipulant que le d\u00e9lai impos\u00e9 pour obtenir<br \/>\nune indemnit\u00e9 en vertu des lois en mati\u00e8re<br \/>\nd\u2019expropriation est d\u00e9clench\u00e9 par le paiement<br \/>\nd\u2019un \u00ab paiement anticip\u00e9 \u00bb est d\u2019une impor-<br \/>\ntance pratique. Sans un paiement anticip\u00e9, le<br \/>\nd\u00e9lai dans lequel on peut d\u00e9poser une r\u00e9cla-<br \/>\nmation d\u2019indemnisation ne s\u2019applique pas.14 <\/p>\n<p>La combinaison des droits<br \/>\nLe propri\u00e9taire de l\u2019int\u00e9r\u00eat en fief simple<br \/>\nd\u2019une station d\u2019essence a \u00e9galement lou\u00e9 le site<br \/>\nadjacent et l\u2019a utilis\u00e9 pour exploiter la station<br \/>\nd\u2019essence. Une colonne de support pour un<br \/>\nsyst\u00e8me de transport l\u00e9ger et rapide a \u00e9t\u00e9<br \/>\n\u00e9rig\u00e9e sur la parcelle lou\u00e9e. Afin de d\u00e9terminer<br \/>\nl\u2019indemnisation d\u2019une prise partielle, la cour<br \/>\net le tribunal d\u2019expropriation ont convenu que<br \/>\nle bail et l\u2019int\u00e9r\u00eat en fief simple ont men\u00e9 \u00e0<br \/>\nune propri\u00e9t\u00e9 unifi\u00e9e. <\/p>\n<p>Conventions fiduciaires<br \/>\nLa plupart des juridictions pr\u00e9voient express\u00e9-<br \/>\nment qu\u2019un terrain peut \u00eatre d\u00e9tenu par un<br \/>\nfiduciaire et que les titulaires sous-jacents de<br \/>\ndroits dans la fiducie sont admissibles \u00e0 une <\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201442 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>QUESTIONS JURIDIQUES<\/p>\n<p>indemnisation. Au moins en Colombie-Bri-<br \/>\ntannique, les propri\u00e9taires non enregistr\u00e9s<br \/>\nde droits peuvent ne pas avoir droit \u00e0 un<br \/>\navis d\u2019expropriation, mais ils peuvent faire<br \/>\nune r\u00e9clamation d\u2019indemnisation.<\/p>\n<p>Profit \u00e0 prendre<br \/>\nUn droit d\u2019enlever tous les mat\u00e9riaux<br \/>\nnaturels in situ de terrains particuliers a \u00e9t\u00e9<br \/>\nreconnu comme un profit \u00e0 prendre, don-<br \/>\nnant ainsi un droit immobilier et faisait du<br \/>\ntitulaire du droit un propri\u00e9taire en vertu de<br \/>\nla l\u00e9gislation en mati\u00e8re d\u2019expropriation.17<\/p>\n<p>Parcs de stationnement<br \/>\nadjacents \u00e0 un restaurant<br \/>\nLe locataire de locaux utilis\u00e9s comme<br \/>\nrestaurant n\u2019a pu obtenir une indemnit\u00e9<br \/>\nlorsque le stationnement adjacent a \u00e9t\u00e9<br \/>\npartiellement expropri\u00e9. Le tribunal<br \/>\na interpr\u00e9t\u00e9 les termes du bail comme<br \/>\nn\u00e9cessitant un acc\u00e8s raisonnable au<br \/>\nrestaurant, mais pas une utilisation<br \/>\nraisonnable au parc de stationnement.18<br \/>\nLe litige s\u2019av\u00e8re une indication de la nature<br \/>\ntributaire des faits des cas d\u2019expropriation. <\/p>\n<p>Conventions imparfaites<br \/>\nen mati\u00e8re de sous-location<br \/>\nUn demandeur occupait un lot sur plan<br \/>\nd\u2019eau en vertu d\u2019une sous-location. Le sous-<br \/>\nlocateur n\u2019avait pas obtenu l\u2019approbation<br \/>\ndu propri\u00e9taire pour la sous-location,<br \/>\nmais ce dernier en avait pris connaissance<br \/>\ndirectement. L\u2019argument de l\u2019autorit\u00e9<br \/>\nexpropriante selon lequel le demandeur<br \/>\nn\u2019\u00e9tait pas un \u00ab propri\u00e9taire \u00bb parce qu\u2019il<br \/>\nn\u2019\u00e9tait pas en possession juridique n\u2019a pas<br \/>\n\u00e9t\u00e9 accept\u00e9. Le tribunal a conclu que le<br \/>\ndemandeur \u00e9tait au moins en possession<br \/>\nl\u00e9gale, mais que le demandeur n\u2019avait pas<br \/>\n\u00e9tabli qu\u2019il y avait eu une expropriation.19<\/p>\n<p>Contrats de location<br \/>\nIl est possible que des raisons techniques<br \/>\nemp\u00eachent certaines personnes de se<br \/>\nqualifier comme locataires ou preneurs \u00e0<br \/>\nbail, mais ces personnes pourraient peut-<br \/>\n\u00eatre se qualifier comme occupants en<br \/>\nvertu des diff\u00e9rentes d\u00e9finitions du terme<br \/>\n\u00ab propri\u00e9taire \u00bb.20<\/p>\n<p>Conclusion<br \/>\nDe toute \u00e9vidence, la d\u00e9signation des parties qui<br \/>\npeuvent \u00eatre \u00ab propri\u00e9taires \u00bb en vertu des lois en<br \/>\nmati\u00e8re d\u2019expropriation n\u2019est souvent pas simple.<br \/>\nBien que la premi\u00e8re t\u00e2che soit sans contredit<br \/>\nl\u2019examen du titre de la propri\u00e9t\u00e9 en question, les<br \/>\nmesures suppl\u00e9mentaires incluront :<\/p>\n<p>1. un examen de la d\u00e9finition applicable de<br \/>\n\u00ab propri\u00e9taire \u00bb et les sections d\u2019avis et d\u2019in-<br \/>\ndemnisation dans la loi en mati\u00e8re d\u2019expro-<br \/>\npriation applicable;<\/p>\n<p>2. la compr\u00e9hension des types sp\u00e9cifiques de<br \/>\nsuccessions et de droits qui rendent une<br \/>\npersonne \u00ab propri\u00e9taire \u00bb;<\/p>\n<p>3. un examen de la jurisprudence pour savoir<br \/>\ncomment les cours d\u2019une juridiction donn\u00e9e<br \/>\nont interpr\u00e9t\u00e9 la d\u00e9finition de \u00ab pro-<br \/>\npri\u00e9taire; \u00bb et<\/p>\n<p>4. une enqu\u00eate des propri\u00e9taires connus de<br \/>\ndroits en lien avec la propri\u00e9t\u00e9 vis\u00e9e afin<br \/>\nd\u2019identifier d\u2019autres parties \u00e9ventuelles.<\/p>\n<p>Notes en bas de page<br \/>\n 1 Loi sur l&rsquo;expropriation, LRTN-O (Nu)  <\/p>\n<p>1988, c E-11<br \/>\n2  Expropriation Act, RSNL 1990, c E-19, s 2<br \/>\n3  Expropriation Act, RSC 1985, c E-21, s 7<br \/>\n4  Expropriation Act, RSBC 1996, c 125<br \/>\n5  Expropriation Act, RSA 2000, c E-13, s 1<br \/>\n6  Expropriation Act, CCSM, c E190, s 1; <\/p>\n<p>Expropriations Act, RSO 1990, c E.26, s 1;<br \/>\nExpropriation Act, RSNS 1989, c 156, s 3;<br \/>\nExpropriation Act, RSS 1989, c 156, s 1<\/p>\n<p>7 Loi sur l&rsquo;expropriation, LRN-B 1973, c E-14<br \/>\n8  Expropriation Act, RSPEI 1988, c E-13, s 1; <\/p>\n<p>Loi sur l\u2019expropriation, RSY 2002, c 81, s 1<br \/>\n9  Expropriation Act, CQLR, c E-24, c 40<br \/>\n10  Linear Construction Corp. v British Columbia <\/p>\n<p>(Minister of Transportation &#038; Highways),<br \/>\n1997 CarswellBC 2874 (BCCA)<\/p>\n<p>11  Douglas Lake Cattle Co v British Columbia,<br \/>\n[1990] BCJ No 2307 (QL) (BCCA)<\/p>\n<p>12  Al\u2019s Auto Wrecking Ltd v Surrey (City), 2006<br \/>\nCarswellBC 646 (BCECB)<\/p>\n<p>13  Captain\u2019s Square Holdings Ltd.<br \/>\nv British Columbia (Minister of<br \/>\nTransportation &#038; Highways), 1997<br \/>\nCarswellBC 3149<\/p>\n<p>14  Van Kam Freightways Ltd v Kelowna<br \/>\n(City) 2007 BCCA 287; British<br \/>\nColumbia v Schneider, [1996] BCJ<br \/>\nNo 1977 (QL) (BCCA)<\/p>\n<p>15  Holdom v British Columbia Transit<br \/>\n2006 BCCA 282<\/p>\n<p>16  Schneider, supra; Pentecostal<br \/>\nAssemblies of Canada v British<br \/>\nColumbia (Minister of Transportation<br \/>\n&#038; Highways), 1999 CarswellBC<br \/>\n1710 (BCECB)<\/p>\n<p>17  McPhail\u2019s Equipment Co v Surrey<br \/>\n(City), 1995 CarswellBC 2593;<br \/>\nLangdale Landing Properties Ltd. v<br \/>\nBritish Columbia 2003 CarswellBC<br \/>\n3556 (BCECB)<\/p>\n<p>18  Anderson v British Columbia<br \/>\n(Minister of Transportation &#038;<br \/>\nHighways), 1995 CarswellBC 2585<br \/>\n(BCECB)<\/p>\n<p>19  Vancouver Marina (1971) Ltd<br \/>\nv British Columbia (Minister of<br \/>\nTransportation &#038; Highways), 2000<br \/>\nCarswellBC 2883 (BCECB)<\/p>\n<p>20  Maddock v Surrey (City), 2001<br \/>\nCarswellBC 3278 (BCECB); El &#038;<br \/>\nEl Investments Ltd v Surrey School<br \/>\nDistrict No. 36, 1995 CarswellBC<br \/>\n2574 (BCECB)<\/p>\n<p>Remarque : cet article est fourni<br \/>\naux fins de susciter des discussions et de<br \/>\nsignaler aux praticiens certains d\u00e9fis<br \/>\npr\u00e9sent\u00e9s dans la loi. Il ne constitue<br \/>\npas des conseils juridiques. Toute<br \/>\nquestion relative \u00e0 l\u2019applicabilit\u00e9 de la<br \/>\nl\u00e9gislation en mati\u00e8re d\u2019expropriation<br \/>\ndans certaines circonstances devrait<br \/>\n\u00eatre soulev\u00e9e aupr\u00e8s d\u2019avocats et de<br \/>\npraticiens en mati\u00e8re d\u2019 \u00e9valuation. <\/p>\n<p>PEU IMPORTE LE NIVEAU DE D\u00c9TAIL DE LA D\u00c9FINITION<br \/>\nDE \u00ab PROPRI\u00c9TAIRE \u00bb, LA JURISPRUDENCE EXIGE<br \/>\nTOUJOURS UN EXAMEN AFIN DE D\u00c9TERMINER DE<br \/>\nQUELLE MANI\u00c8RE LES TRIBUNAUX ET LES COURS <\/p>\n<p>D\u2019EXPROPRIATION ONT INTERPR\u00c9T\u00c9 LES D\u00c9FINITIONS.<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 43Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>A PROFESSIONAL APPRAISER\u2019S PERSPECTIVE<\/p>\n<p>VARIETY AND STATE-OF-THE-ART<br \/>\n INFORMATION TECHNOLOGY  <\/p>\n<p>MAKE THE ASSESSMENT FIELD<br \/>\nAN ATTRACTIVE CAREER OPTION<\/p>\n<p>W I T H  C R A I G  B A R N S L E Y ,  A A C I ,  P. A P P<\/p>\n<p>What types of assessment projects<br \/>\ndo you currently work on?<br \/>\nCB: Our region comprises Surrey,<br \/>\nRichmond, Delta, White Rock and the<br \/>\nTsawwassen First Nation, for a total<br \/>\nproperty count of roughly 265,000. The<br \/>\nSouth Fraser office employs about 60 staff,<br \/>\n45 of whom are professional appraisers.<br \/>\nThis geographic area includes the majority<br \/>\nof the industrial stock of the lower<br \/>\nmainland. In recent years, there has been<br \/>\na rising market for industrial product,<br \/>\nand one of our important roles is to<br \/>\naccurately track the market movement of<br \/>\nthis competitive set. This involves in part,<br \/>\nundertaking a comprehensive review of all<br \/>\nlease and sales transactions. We must also<br \/>\nensure our inventory is accurate and that<br \/>\nwe identify and capture all subdivisions<br \/>\nand new construction across the region.<\/p>\n<p>What role do appraisers typically<br \/>\nplay in property assessment?<br \/>\nCB: Our appraisers are active in all<br \/>\naspects of the valuation profession. As<br \/>\na mass appraisal organization, much of<br \/>\nour work is system driven. However, the<br \/>\ndata that supports our valuation models<br \/>\nis managed and analyzed by our appraisal<br \/>\nstaff. From processing land subdivisions,<br \/>\nto capturing new construction, to the<br \/>\nanalysis of market studies in support of<br \/>\nvalue-influencing characteristics, our<br \/>\nappraisers must understand and apply a<br \/>\nbroad range of valuation expertise.<\/p>\n<p>What unique challenges do<br \/>\nthese appraisers face when<br \/>\nworking on assessments?<br \/>\nCB: With the assessment system in British<br \/>\nColumbia supported by taxpayers, it is <\/p>\n<p>C raig Barnsley, AACI, P.App is the deputy assessor for the South Fraser Region of BC Assessment, a provincial crown corporation,<br \/>\nand one of a three-member management<br \/>\nteam. His primary responsibility is to lead<br \/>\nthe ICI (industrial, commercial, investment)<br \/>\nvaluation and administration teams. Craig<br \/>\nhas been a member of the Appraisal Institute<br \/>\nof Canada (AIC) since 1994 and earned his<br \/>\nAACI designation in 2002.<\/p>\n<p>FROM PROCESSING<br \/>\nLAND SUBDIVISIONS,<br \/>\nTO CAPTURING NEW <\/p>\n<p>CONSTRUCTION, TO THE<br \/>\nANALYSIS OF MARKET<br \/>\nSTUDIES IN SUPPORT <\/p>\n<p>OF VALUE-INFLUENCING<br \/>\nCHARACTERISTICS, <\/p>\n<p>OUR APPRAISERS MUST<br \/>\nUNDERSTAND AND APPLY <\/p>\n<p>A BROAD RANGE OF<br \/>\nVALUATION EXPERTISE.<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201444 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>A PROFESSIONAL APPRAISER\u2019S PERSPECTIVE<\/p>\n<p>our responsibility to ensure that everybody<br \/>\nreceives a fair and equitable assessment on<br \/>\ntheir property. That can be challenging, as<br \/>\nwe often have to deal with a lack of sales<br \/>\nevidence on which to base our assessments.<br \/>\nBecause we are in the public sector, we are<br \/>\nalso driven by legislation and case law, and<br \/>\nmust routinely deal with such influencing<br \/>\nfactors as community charters, govern-<br \/>\nment acts, exempt status properties, etc.<\/p>\n<p>Each year, our assessments are<br \/>\nreviewed by property owners and by<br \/>\nprofessional appraisers working as agents<br \/>\nfor the property owners. Although<br \/>\ngreater than 98% of our assessments are<br \/>\naccepted without the need for a formal<br \/>\nindependent review, it is when such a<br \/>\nreview is undertaken that our assessment<br \/>\nstaff turns from mass appraisal, to point-<br \/>\nin-time valuation. The challenge is in<br \/>\nsupporting the valuation through market<br \/>\nevidence, as well as dealing with external<br \/>\nclients in a manner that reflects well on<br \/>\nour organization and continues to build<br \/>\npublic trust in our work. <\/p>\n<p>What are the advantages of<br \/>\nthis type of appraisal work?<br \/>\nCB: In our particular situation, our<br \/>\nappraisers can take a great deal of pride<br \/>\nin the service they provide to the citizens<br \/>\nof British Columbia. Each year, we<br \/>\nprovide an assessment for over 1.9 million<br \/>\nproperties across the province, which,<br \/>\nin turn, raises more than $6.2 billion<br \/>\nin property taxes that fund everything<br \/>\nfrom schools and hospitals, to municipal<br \/>\ninfrastructure and services. <\/p>\n<p>On an individual basis, one of the<br \/>\nbiggest rewards is the interesting nature<br \/>\nof the work. As an appraiser working on<br \/>\nassessments, you have the opportunity<br \/>\nto deal with a wide variety of properties<br \/>\nranging from mobile homes to pulp<br \/>\nmills, and everything in between. And, if<br \/>\nyou find the high tech world appealing,<br \/>\nthe assessment field allows you to work<br \/>\nwith vast databases and state-of-the-art<br \/>\ninformation technology. It is not unusual<br \/>\nfor our appraisers to be working on three<br \/>\ncomputer screens at one time as they <\/p>\n<p>access, review and analyze the data before<br \/>\nmaking their conclusions on value.<\/p>\n<p>From the perspective of a work\/life<br \/>\nbalance, a career in property assessment<br \/>\ncan also be very appealing to some.<br \/>\nDepending on what you are looking for<br \/>\npersonally, it can offer a consistent salary,<br \/>\nregular holidays and other benefits, such as<br \/>\na pension, that are quite different from the<br \/>\ncyclical workloads and income streams in<br \/>\nthe private sector. <\/p>\n<p>Here at BC Assessment, another<br \/>\nadvantage is the support we offer our<br \/>\nappraisers for ongoing professional<br \/>\ndevelopment. From funding the<br \/>\neducational costs associated with attaining<br \/>\na professional AIC designation, to in-house<br \/>\ntraining, to supporting our local AIC<br \/>\nchapters, our appraisers know they will<br \/>\nhave access to a variety of professional<br \/>\ndevelopment opportunities.<\/p>\n<p>What specific skill set is<br \/>\nrequired to deal effectively<br \/>\nwith this type of work?<br \/>\nCB: Our appraisers must be technically<br \/>\nadept in dealing with a wide range of<br \/>\ncomputer software. They must also be able to<br \/>\ncommunicate effectively with both internal<br \/>\nand external clients. The ability to create a<br \/>\nnetwork of effective relationships with both<br \/>\ncolleagues and industry players is critical to<br \/>\nthe success of our annual assessment roll.<\/p>\n<p>What appraisal techniques most<br \/>\ncome into play in assessments?<br \/>\nCB: The same appraisal techniques that<br \/>\nour private sector fee appraiser members<br \/>\naddress on a daily basis are also at the heart<br \/>\nof our work. Highest and best use, the three<br \/>\napproaches to value, and a well-developed<br \/>\nunderstanding of market forces are the<br \/>\nfoundation of property assessment, just as<br \/>\nthey are of point-in-time appraisals.<\/p>\n<p>Is there significant demand<br \/>\nfor appraisal services<br \/>\nrelated to assessments?<br \/>\nCB: With 650 employees across 16<br \/>\noffices, BC Assessment is a significant<br \/>\nemployer of AIC members. We typically<br \/>\npost for entry-level appraisal positions<br \/>\ntwice a year, and will often have in<br \/>\nexcess of 10 to 15 positions available<br \/>\nacross the province.<\/p>\n<p>If an appraiser wants to get<br \/>\ninto assessment work, how<br \/>\nshould he or she go about it?<br \/>\nCB: BC Assessment, for example,<br \/>\nrequires an undergraduate degree as<br \/>\na condition of employment in the<br \/>\nappraisal category. Many of our new<br \/>\nhires have a related degree in commerce<br \/>\nor economics, and many are also in the<br \/>\nappraisal education stream. If one meets<br \/>\nthose criteria, and has an interest in a<br \/>\ncareer in assessment, I would suggest<br \/>\nhe or she consider applying to the next<br \/>\nhiring round. There are often temporary<br \/>\npositions available, and are typically<br \/>\ndrawn from the permanent hiring round.<br \/>\nThis is a good way to get a foot in the<br \/>\ndoor and get a feel for assessment work.<\/p>\n<p>If someone is seeking more infor-<br \/>\nmation on this subject, are there<br \/>\nother resources you can suggest?<br \/>\nCB: I highly recommend exploring<br \/>\nour BC Assessment website (www.<br \/>\nbcassessment.ca) as well as others such as<br \/>\nthe Canadian Property Tax Association<br \/>\n(www.cpta.org) and the International<br \/>\nAssociation of Assessing Officers (www.<br \/>\niaao.org). I would also suggest getting to<br \/>\nmeet appraisers currently doing this type<br \/>\nof work by attending chapter meetings<br \/>\nand other events held by the provincial<br \/>\nassociation of the AIC. <\/p>\n<p>YOU GET TO DEAL WITH A WIDE VARIETY OF<br \/>\nPROPERTIES RANGING FROM MOBILE HOMES TO <\/p>\n<p>PULP MILLS, AND EVERYTHING IN BETWEEN.<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 45Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>http:\/\/www.bcassessment.ca<br \/>\nhttp:\/\/www.bcassessment.ca<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"sV1cnfMSSp\"><p><a href=\"https:\/\/cpta.org\/\">Home<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"oembed-iframe\"  class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Home&#8221; &#8212; Canadian Property Tax Association\" src=\"https:\/\/cpta.org\/embed\/#?secret=AfXPOnn0zY#?secret=sV1cnfMSSp\" data-secret=\"sV1cnfMSSp\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><br \/>\nhttp:\/\/www.iaao.org<br \/>\nhttp:\/\/www.iaao.org<\/p>\n<p>LA VARI\u00c9T\u00c9 ET LES TECHNOLOGIES<br \/>\nD\u2019INFORMATION DE POINTE FONT DU <\/p>\n<p>DOMAINE DE L\u2019\u00c9VALUATION FONCI\u00c8RE UNE<br \/>\nPOSSIBILIT\u00c9 DE CARRI\u00c8RE INT\u00c9RESSANTE<\/p>\n<p>A V E C  C R A I G  B A R N S L E Y ,  A A C I ,  P. A P P<\/p>\n<p>Quels sont les types de projets<br \/>\nd\u2019\u00e9valuation fonci\u00e8re sur lesquels<br \/>\nvous travaillez actuellement?<br \/>\nCB : Notre r\u00e9gion comprend Surrey, Rich-<br \/>\nmond, Delta, White Rock et la Premi\u00e8re<br \/>\nnation Tsawwassen, pour un nombre total de<br \/>\npropri\u00e9t\u00e9s d\u2019environ 265 000. Le bureau de<br \/>\nSouth Fraser emploie environ 60 employ\u00e9s,<br \/>\ndont 45 sont des \u00e9valuateurs professionnels.<br \/>\nCette zone g\u00e9ographique comprend la<br \/>\nmajorit\u00e9 du stock industriel de la basse<br \/>\nterre continentale. Le march\u00e9 des produits<br \/>\nindustriels est haussier depuis les derni\u00e8res<br \/>\nann\u00e9es et un de nos r\u00f4les importants est de<br \/>\nsuivre avec pr\u00e9cision l\u2019\u00e9volution du march\u00e9<br \/>\nde ce secteur concurrentiel. Il s\u2019agit en partie<br \/>\nd\u2019entreprendre un examen complet de toute<br \/>\ntransaction de location et de vente. Nous<br \/>\ndevons \u00e9galement veiller \u00e0 ce que notre<br \/>\ninventaire soit exact et que nous trouvions et<br \/>\nsaisissions toutes les subdivisions et nouvelles<br \/>\nconstructions dans la r\u00e9gion.<\/p>\n<p>Habituellement, quel est le<br \/>\nr\u00f4le des \u00e9valuateurs dans<br \/>\nl\u2019\u00e9valuation fonci\u00e8re?<br \/>\nCB : Nos \u00e9valuateurs sont actifs dans tous<br \/>\nles aspects de la profession d\u2019\u00e9valuateur. En<br \/>\ntant qu\u2019organisation d\u2019\u00e9valuation de masse,<br \/>\nune grande partie de notre travail est dirig\u00e9<br \/>\npar le syst\u00e8me. Toutefois, les donn\u00e9es qui<br \/>\nsoutiennent nos mod\u00e8les d\u2019\u00e9valuation sont<br \/>\ng\u00e9r\u00e9es et analys\u00e9es par notre \u00e9quipe d\u2019\u00e9valu-<br \/>\nation. Nos \u00e9valuateurs doivent comprendre<br \/>\net mettre en application un vaste \u00e9ventail<br \/>\nde comp\u00e9tences en mati\u00e8re d\u2019\u00e9valuation, du<br \/>\ntraitement de lotissements jusqu\u2019\u00e0 la saisie de <\/p>\n<p>nouvelles constructions et l\u2019analyse d\u2019\u00e9tudes<br \/>\nde march\u00e9 en appui aux caract\u00e9ristiques<br \/>\nayant une influence sur la valeur. <\/p>\n<p>Quels sont les d\u00e9fis uniques<br \/>\nauxquels font face les \u00e9valuateurs<br \/>\nquand ils travaillent sur des<br \/>\n\u00e9valuations fonci\u00e8res?<br \/>\nCB : Le syst\u00e8me d\u2019\u00e9valuation fonci\u00e8re<br \/>\nen Colombie-Britannique est financ\u00e9<br \/>\npar les contribuables alors c\u2019est notre<br \/>\nresponsabilit\u00e9 de veiller \u00e0 ce que chacun<br \/>\nre\u00e7oive une \u00e9valuation juste et \u00e9quitable<br \/>\nde leur propri\u00e9t\u00e9. Cela peut \u00eatre difficile,<br \/>\ncar nous devons souvent faire face \u00e0 un<br \/>\nmanque de preuves de ventes sur lesquelles<br \/>\non peut fonder nos \u00e9valuations. Puisque<br \/>\nnous \u0153uvrons dans le secteur public,<br \/>\nnous sommes motiv\u00e9s par les dispositions<br \/>\nl\u00e9gislatives et la jurisprudence, et devons<br \/>\ntravailler r\u00e9guli\u00e8rement avec des influences <\/p>\n<p>C raig Barnsley, AACI, P.App est l\u2019 \u00e9valuateur adjoint pour la r\u00e9gion de South Fraser de la BC Assessment, une soci\u00e9t\u00e9<br \/>\nd\u2019\u00c9tat provinciale, et fait partie d\u2019une<br \/>\n\u00e9quipe de gestion compos\u00e9e de trois<br \/>\nmembres. Son mandat principal consiste<br \/>\n\u00e0 mener les \u00e9quipes ICI (industrielles,<br \/>\ncommerciales et investissements)<br \/>\nd\u2019 \u00e9valuation et d\u2019administration. Craig<br \/>\nest membre de l\u2019Institut canadien des<br \/>\n\u00e9valuateurs (ICE) depuis 1994 et a<br \/>\nobtenu son titre AACI en 2002.<\/p>\n<p>NOS \u00c9VALUATEURS<br \/>\nDOIVENT COMPRENDRE <\/p>\n<p>ET METTRE EN<br \/>\nAPPLICATION UN <\/p>\n<p>VASTE \u00c9VENTAIL DE<br \/>\nCOMP\u00c9TENCES EN <\/p>\n<p>MATI\u00c8RE D\u2019\u00c9VALUATION,<br \/>\nDU TRAITEMENT DE <\/p>\n<p>LOTISSEMENTS JUSQU\u2019\u00c0<br \/>\nLA SAISIE DE NOUVELLES <\/p>\n<p>CONSTRUCTIONS ET<br \/>\nL\u2019ANALYSE D\u2019\u00c9TUDES <\/p>\n<p>DE MARCH\u00c9 EN APPUI<br \/>\nAUX CARACT\u00c9RISTIQUES <\/p>\n<p>AYANT UNE INFLUENCE<br \/>\nSUR LA VALEUR. <\/p>\n<p>POINT DE VUE D\u2019UN \u00c9VALUATEUR PROFESSIONNEL<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201446 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>comme des chartes communautaires, des lois<br \/>\ngouvernementales, des propri\u00e9t\u00e9s ayant un<br \/>\nstatut exempt\u00e9, etc.  <\/p>\n<p>Chaque ann\u00e9e, nos \u00e9valuations sont<br \/>\nexamin\u00e9es par des propri\u00e9taires et des<br \/>\n\u00e9valuateurs professionnels travaillant \u00e0<br \/>\ntitre d\u2019agents pour les propri\u00e9taires. Bien<br \/>\nque plus de 98 % de nos \u00e9valuations soient<br \/>\naccept\u00e9es sans qu\u2019il soit n\u00e9cessaire d\u2019avoir<br \/>\nrecours \u00e0 un examen ind\u00e9pendant officiel,<br \/>\nc\u2019est quand un tel examen est r\u00e9alis\u00e9 que<br \/>\nnotre personnel d\u2019\u00e9valuation d\u00e9laisse<br \/>\nl\u2019\u00e9valuation de masse et fait de l\u2019\u00e9valuation<br \/>\nponctuelle. Le d\u00e9fi consiste \u00e0 soutenir<br \/>\nl\u2019\u00e9valuation par des donn\u00e9es du march\u00e9,<br \/>\nainsi qu\u2019\u00e0 faire affaire avec des clients<br \/>\nexternes d\u2019une mani\u00e8re qui refl\u00e8te bien notre<br \/>\norganisation et qui continue \u00e0 renforcer la<br \/>\nconfiance du public dans notre travail.<\/p>\n<p>Quels sont les avantages de ce<br \/>\ntype de travail d\u2019\u00e9valuation?<br \/>\nCB : Dans notre cas, nos \u00e9valuateurs sont<br \/>\ntr\u00e8s fiers du service qu\u2019ils offrent aux citoyens<br \/>\nde la Colombie-Britannique. Chaque<br \/>\nann\u00e9e, nous \u00e9valuons plus de 1,9 million<br \/>\nde propri\u00e9t\u00e9s \u00e0 travers la province, qui, \u00e0<br \/>\nson tour, obtient une somme de plus de 6,2<br \/>\nmilliards de dollars en imp\u00f4ts fonciers qui<br \/>\nfinance tout, que ce soit des \u00e9coles et des<br \/>\nh\u00f4pitaux, aux infrastructures et aux services<br \/>\nmunicipaux.<\/p>\n<p>Sur une base individuelle, une des<br \/>\nplus grandes r\u00e9compenses s\u2019av\u00e8re la<br \/>\nnature int\u00e9ressante du travail. En tant<br \/>\nqu\u2019\u00e9valuateur menant des \u00e9valuations<br \/>\nfonci\u00e8res, vous avez la possibilit\u00e9 de<br \/>\ntravailler avec une grande vari\u00e9t\u00e9 de<br \/>\npropri\u00e9t\u00e9s allant de maisons mobiles aux<br \/>\nusines de p\u00e2te \u00e0 papier pour n\u2019en nommer<br \/>\nque quelques-uns. Et, si vous trouvez le<br \/>\nmonde de la haute technologie attrayant,<br \/>\nle domaine de l\u2019\u00e9valuation fonci\u00e8re<br \/>\nvous permet de travailler avec de vastes<br \/>\nbases de donn\u00e9es et des technologies de<br \/>\nl\u2019information de pointe. Nos \u00e9valuateurs<br \/>\ndoivent souvent travailler sur trois \u00e9crans<br \/>\nd\u2019ordinateur en m\u00eame temps afin d\u2019acc\u00e9der<br \/>\n\u00e0 des donn\u00e9es et de les examiner et analyser<br \/>\navant de parvenir \u00e0 une conclusion au sujet<br \/>\nde la valeur.<\/p>\n<p>Pour certaines personnes, une carri\u00e8re<br \/>\ndans le domaine de l\u2019\u00e9valuation fonci\u00e8re<br \/>\npeut \u00e9galement \u00eatre tr\u00e8s attrayante du<br \/>\npoint de vue de l\u2019\u00e9quilibre entre travail<br \/>\net vie personnelle. Selon ce que vous<br \/>\ncherchez personnellement, elle peut offrir<br \/>\nun salaire fixe, des vacances r\u00e9guli\u00e8res et<br \/>\nd\u2019autres avantages, comme une pension,<br \/>\nqui est tout \u00e0 fait diff\u00e9rent de la charge<br \/>\nde travail cyclique et des flux de revenus<br \/>\ndans le secteur priv\u00e9.<\/p>\n<p>Ici, au BC Assessment, un autre<br \/>\navantage est le soutien que nous offrons<br \/>\n\u00e0 nos experts pour le d\u00e9veloppement<br \/>\nprofessionnel continu. Du financement<br \/>\ndes frais de scolarit\u00e9 associ\u00e9s \u00e0 l\u2019obtention<br \/>\nd\u2019un titre professionnel de l\u2019ICE, \u00e0<br \/>\nla formation interne, \u00e0 soutenir nos<br \/>\nchapitres locaux de l\u2019ICE, nos experts<br \/>\nsavent qu\u2019ils auront acc\u00e8s \u00e0 une vari\u00e9t\u00e9<br \/>\nde possibilit\u00e9s de perfectionnement<br \/>\nprofessionnel.<\/p>\n<p>Quel ensemble de comp\u00e9tences<br \/>\nest requis pour accomplir<br \/>\nefficacement ce genre de travail?<br \/>\nCB : Nos \u00e9valuateurs doivent poss\u00e9der des<br \/>\ncomp\u00e9tences techniques afin de pouvoir<br \/>\ntravailler avec un grand nombre de logi-<br \/>\nciels. Ils doivent \u00e9galement \u00eatre en mesure<br \/>\nde communiquer efficacement avec des<br \/>\nclients internes et externes. La capacit\u00e9 \u00e0<br \/>\ncr\u00e9er un r\u00e9seau de relations efficaces avec<br \/>\ndes coll\u00e8gues et des intervenants de l\u2019indus-<br \/>\ntrie est essentielle \u00e0 la r\u00e9ussite de notre r\u00f4le<br \/>\nd\u2019\u00e9valuation annuel.<\/p>\n<p>Quelles techniques d\u2019\u00e9valuation<br \/>\nentrent le plus souvent<br \/>\nen ligne de compte lors<br \/>\nd\u2019\u00e9valuations fonci\u00e8res?<br \/>\nCB : Les m\u00eames techniques d\u2019\u00e9valuation<br \/>\nque nos membres \u00e9valuateurs du secteur<br \/>\npriv\u00e9 utilisent sur une base quotidienne<br \/>\nsont \u00e9galement au c\u0153ur des travaux<br \/>\nd\u2019\u00e9valuation. L\u2019utilisation optimale,<br \/>\nles trois m\u00e9thodes de la valeur, et une<br \/>\nbonne compr\u00e9hension des forces du<br \/>\nmarch\u00e9 sont \u00e0 la base de l\u2019\u00e9valuation<br \/>\nfonci\u00e8re, tout comme elles le sont pour<br \/>\nles \u00e9valuations ponctuelles.  <\/p>\n<p>Y a-t-il une demande importante<br \/>\npour les services d\u2019\u00e9valuation<br \/>\nli\u00e9s aux impositions?<br \/>\nCB : Avec 650 employ\u00e9s dans 16<br \/>\nbureaux, BC Assessment est un import-<br \/>\nant employeur de membres de l\u2019ICE.<br \/>\nNormalement, nous offrons des postes<br \/>\nd\u2019\u00e9valuation d\u2019entr\u00e9e deux fois par<br \/>\nann\u00e9e, et nous avons souvent plus de 10<br \/>\n\u00e0 15 postes offerts \u00e0 travers la province.<\/p>\n<p>Si un \u00e9valuateur souhaite<br \/>\nentreprendre le travail<br \/>\nd\u2019\u00e9valuation fonci\u00e8re, comment<br \/>\ndevrait-il s\u2019y prendre?<br \/>\nCB : La BC Assessment exige, par<br \/>\nexemple, comme condition d\u2019emploi<br \/>\nun baccalaur\u00e9at dans le domaine de<br \/>\nl\u2019\u00e9valuation. Bon nombre de nos nou-<br \/>\nvelles recrues d\u00e9tiennent un dipl\u00f4me<br \/>\nconnexe en \u00e9tudes commerciales ou en<br \/>\n\u00e9conomie, et plusieurs se trouvent aussi<br \/>\ndans le volet \u00e9ducatif de l\u2019\u00e9valuation. Si<br \/>\nquelqu\u2019un r\u00e9pond \u00e0 ces crit\u00e8res, et qu\u2019il<br \/>\nou elle s\u2019int\u00e9resse \u00e0 une carri\u00e8re dans<br \/>\nle domaine de l\u2019\u00e9valuation fonci\u00e8re, je<br \/>\nsugg\u00e8re qu\u2019il ou elle envisage de poser<br \/>\nsa candidature \u00e0 la prochaine vague de<br \/>\nrecrutement. Il y a souvent des postes<br \/>\ntemporaires offerts, et ils sont habituel-<br \/>\nlement combl\u00e9s \u00e0 partir de la vague de<br \/>\nrecrutement pour les postes permanents.<br \/>\nC\u2019est une bonne fa\u00e7on de faire un<br \/>\npremier pas et de conna\u00eetre le travail de<br \/>\nl\u2019\u00e9valuation fonci\u00e8re.  <\/p>\n<p>Si quelqu\u2019un d\u00e9sire obtenir<br \/>\nplus d\u2019information \u00e0 ce sujet,<br \/>\ny a-t-il d\u2019autres ressources<br \/>\nque vous pouvez proposer?<br \/>\nCB : Je recommande fortement d\u2019ex-<br \/>\nplorer notre site Web BC Assessment<br \/>\n(www.bcassessment.ca) ainsi que d\u2019autres,<br \/>\ncomme l\u2019Association canadienne de taxe<br \/>\nfonci\u00e8re (www.cpta.org) et l\u2019International<br \/>\nAssociation of Assessing Officers (www.<br \/>\niaao.org). Je sugg\u00e8re aussi de rencontrer<br \/>\nles \u00e9valuateurs qui effectuent ce type<br \/>\nde travail lors des r\u00e9unions de chapitres<br \/>\net d\u2019autres \u00e9v\u00e9nements organis\u00e9s par<br \/>\nl\u2019association provinciale de l\u2019ICE. <\/p>\n<p>POINT DE VUE D\u2019UN \u00c9VALUATEUR PROFESSIONNEL<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 47Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>http:\/\/www.bcassessment.ca<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"sV1cnfMSSp\"><p><a href=\"https:\/\/cpta.org\/\">Home<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"oembed-iframe\"  class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Home&#8221; &#8212; Canadian Property Tax Association\" src=\"https:\/\/cpta.org\/embed\/#?secret=AfXPOnn0zY#?secret=sV1cnfMSSp\" data-secret=\"sV1cnfMSSp\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><br \/>\nhttp:\/\/www.iaao.org<br \/>\nhttp:\/\/www.iaao.org<\/p>\n<p>THE FUTURE IS BRIGHT<\/p>\n<p>CANDIDATE JILL ZWICK KNOWS<br \/>\nTHAT BEHIND-THE-SCENES <\/p>\n<p>SUPPORT IS CRITICAL TO SUCCESS<\/p>\n<p>H ow did your interest in real estate and appraising come about?JZ: I believe it began at an<br \/>\nearly age. My father, Jack Grigsby, was<br \/>\na building inspector in Washington<br \/>\nState. Upon moving to Canada in<br \/>\nthe early 1970s, he became a general<br \/>\ncontractor, first in residential and then in<br \/>\ncommercial. I grew up with construction<br \/>\nall around me. I loved going to job sites<br \/>\nand seeing the progress of a new or<br \/>\nrenovated home from the blueprints to<br \/>\nthe finished product. I still do. However,<br \/>\nuntil I began buying and selling our<br \/>\nfamily homes, I did not realize the career<br \/>\nopportunities that existed. I came to<br \/>\nunderstand that the real estate market was<br \/>\nvery unpredictable and I was intrigued<br \/>\nabout how an accurate value of a home is<br \/>\nobtained. While selling a rental property,<br \/>\nI was able to follow an appraiser around<br \/>\nthe home and ask a lot of questions.<br \/>\nBefore I knew it, I was hooked on<br \/>\nthe appraisal process. I also felt that<br \/>\nappraising was more stable and offered a<br \/>\nmore consistent schedule \u2013 two valuable<br \/>\nattributes when raising a young family.<\/p>\n<p>What is your current<br \/>\ncareer situation?<br \/>\nJZ: I am an independent fee appraiser<br \/>\nwith Keystone Appraisals Inc. in Trail,<br \/>\nBC. Providing both residential and<br \/>\ncommercial real estate valuations as<br \/>\nwell as consulting services within the<br \/>\nKootenay and Boundary regions, our<br \/>\ncompany is very progressive and recently<br \/>\nexpanded through our sister company,<br \/>\nVision Property Advisors, in order to<br \/>\ncomplete depreciation reports for Strata<br \/>\nproperties, which are required under<br \/>\nnew legislation.<\/p>\n<p>I am a Candidate Member of the<br \/>\nAppraisal Institute of Canada (AIC),<br \/>\npresently in the process of completing<br \/>\nthe required course work for my<br \/>\nCanadian Residential Appraiser (CRA)<br \/>\ndesignation. This spring, I will be<br \/>\ncompleting my last required course<br \/>\ntowards my designation. Concurrently,<br \/>\nI am in the process of obtaining a<br \/>\nBachelor\u2019s Degree at Thompson River<br \/>\nUniversity in Kamloops. <\/p>\n<p>Once I complete my CRA<br \/>\ndesignation, I want to make the most of<br \/>\nthe challenges and opportunities that my <\/p>\n<p>I FEEL IT IS IMPERATIVE TO HAVE A<br \/>\nGOOD MENTOR TO HELP PREPARE A CANDIDATE  <\/p>\n<p>TO BE A GOOD APPRAISER AND I HAVE BEEN<br \/>\nFORTUNATE TO FIND A VERY SUPPORTIVE  <\/p>\n<p>MENTOR WHO HAS HELPED ME ALONG THE WAY.<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201448 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>THE FUTURE IS BRIGHT<\/p>\n<p>designation will afford me. I also want to<br \/>\nmentor other AIC Candidate Members<br \/>\nhowever and whenever I can.<\/p>\n<p>What has been the most<br \/>\nchallenging aspect of the AIC\u2019s<br \/>\nCandidate Program and what<br \/>\nhas helped you to progress?<br \/>\nJZ: While the educational requirements<br \/>\nare extremely worthwhile, the biggest<br \/>\nchallenge for me has been maintaining<br \/>\na balance between work, family and<br \/>\neducation. I have been completing the<br \/>\neducational requirements for my CRA<br \/>\ndesignation part time, while also working<br \/>\nfull time and raising a family. Throughout<br \/>\nthe process, I feel it is imperative to have a<br \/>\ngood mentor to help prepare a Candidate<br \/>\nto be a good appraiser and I have been<br \/>\nfortunate to find a very supportive mentor<br \/>\nwho has helped me along the way.<\/p>\n<p>What motivates you to succeed?<br \/>\nJZ: My motivations to succeed are my<br \/>\nfamily, the career I have chosen, and the<br \/>\ncompany for which I work. I feel fortunate<br \/>\nto have supportive and loving family<br \/>\nmembers who understand the scope of<br \/>\nmy job (and sometimes have taken long<br \/>\ndrives after school or on weekends so<br \/>\nI can take photos of comparable sales<br \/>\nor vacant land \u2013 thanks Veronika and<br \/>\nSpencer!). An appraisal career affords<br \/>\nmany opportunities. No one day is like<br \/>\nanother. I am able to view a diverse range<br \/>\nof real estate, from city residential to rural<br \/>\nacreages. There is also office time required<br \/>\nto complete detailed appraisal reports,<br \/>\nhowever, the office and fieldwork tend to<br \/>\nbalance out. Finally, I am grateful to work<br \/>\nfor a supportive company. I believe that,<br \/>\nin order to be a successful appraiser, you<br \/>\nneed the backing of a good company and a<br \/>\ngood association. <\/p>\n<p>What support or mentoring are you<br \/>\nreceiving throughout the process?<br \/>\nJZ: The AIC has afforded me a rewarding<br \/>\ncareer and it engages its members to<br \/>\nattain success through its high standards<br \/>\nof professionalism. I have Gina and Rob <\/p>\n<p>Ironmonger (and Myra) of Keystone<br \/>\nAppraisals supporting me through the<br \/>\nprocess to obtain my CRA. Gina is an<br \/>\nAACI. P.App who reviews and co-signs my<br \/>\nreports before they are submitted to my<br \/>\nclients. She is also my mentor. Rob, also a<br \/>\nCandidate residential appraiser, supports<br \/>\nme by clarifying complex issues that may<br \/>\narise during the appraisal process and by<br \/>\nhelping with course work. Myra provides<br \/>\nall of our necessary administrative duties<br \/>\nand keeps me informed of any changes, as<br \/>\nI work remotely from the head office.  <\/p>\n<p>As busy as you obviously are,<br \/>\nyou still find time to volunteer.<br \/>\nWhat is your volunteer<br \/>\ninvolvement and why do you<br \/>\nmake time for such activities?<br \/>\nJZ: I recently volunteered for Habitat for<br \/>\nHumanity in the Kootenay Region and<br \/>\nwas involved in discussions regarding<br \/>\nthe valuation of the home and the family<br \/>\npartnering (including interviewing<br \/>\nfamilies). I have also been involved in<br \/>\nthe AIC Kootenay chapter meetings. In<br \/>\nthe future, I would like to volunteer as a<br \/>\nmentor within the AIC, as I would like to<br \/>\ngive back and help someone succeed, just<br \/>\nas I was given the opportunity to do so.  <\/p>\n<p>I find volunteering very rewarding<br \/>\nand, upon completion of my education<br \/>\nrequirements, I would like to become<br \/>\nmore involved at a provincial or even<br \/>\nnational level. The recent AIC Annual<br \/>\nConference in Calgary made me aware <\/p>\n<p>that there are many people in the<br \/>\nindustry who require mentoring<br \/>\nand support in their chosen field. I<br \/>\nwould recommend attending these<br \/>\nConferences as they provide you<br \/>\nwith networking opportunities,<br \/>\neducational seminars, and a<br \/>\nchance to listen and learn from the<br \/>\nexperiences of others. As an appraiser,<br \/>\nworking independently, it makes you<br \/>\naware of the larger team (AIC) that<br \/>\nsupports you and wants you to be<br \/>\nsuccessful.<\/p>\n<p>When you are not busy at work<br \/>\nor with your volunteering,<br \/>\nhow do you spend your time?<br \/>\nJZ: Away from work, I enjoy spending<br \/>\ntime with my family and friends. We<br \/>\nenjoy travelling, outdoor activities<br \/>\nlike camping, being involved in<br \/>\nour community, curling, and, most<br \/>\nrecently, my fianc\u00e9 Rich and I, went<br \/>\ncross-country skiing. Although, it<br \/>\nseems daunting at times, I also enjoy<br \/>\nthe challenge of taking courses. One<br \/>\nof my favourite quotes comes from<br \/>\nSteve Jobs: \u201cYour work is going to fill<br \/>\na large part of your life, and the only<br \/>\nway to be truly satisfied is to do what<br \/>\nyou believe is great work. And the<br \/>\nonly way to do great work is to love<br \/>\nwhat you do. If you haven\u2019t found it<br \/>\nyet, keep looking, and don\u2019t settle. As<br \/>\nwith all matters of the heart, you\u2019ll<br \/>\nknow when you find it.\u201d  <\/p>\n<p>IN THE FUTURE,<br \/>\nI WOULD LIKE TO VOLUNTEER  <\/p>\n<p>AS A MENTOR WITHIN THE AIC,<br \/>\nTO GIVE BACK AND HELP SOMEONE SUCCEED,  <\/p>\n<p>JUST AS I WAS GIVEN THE OPPORTUNITY TO DO SO.  <\/p>\n<p>THE AIC HAS AFFORDED ME<br \/>\nA REWARDING CAREER AND IT ENGAGES  <\/p>\n<p>ITS MEMBERS TO ATTAIN SUCCESS<br \/>\nTHROUGH ITS HIGH STANDARDS OF PROFESSIONALISM.<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 49Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>L\u2019AVENIR S\u2019ANNONCE BIEN<\/p>\n<p>JILL ZWICK, MEMBRE STAGIAIRE,<br \/>\nSAIT QUE LE SOUTIEN FOURNI<br \/>\nEN COULISSE EST ESSENTIEL  <\/p>\n<p>\u00c0 LA R\u00c9USSITE<\/p>\n<p>D e quelle fa\u00e7on s\u2019est manifest\u00e9 votre int\u00e9r\u00eat \u00e0 l\u2019\u00e9gard de l\u2019immobilier et de l\u2019\u00e9valuation?<br \/>\nJZ: Je me suis int\u00e9ress\u00e9e \u00e0 ces deux<br \/>\ndomaines \u00e0 un jeune \u00e2ge. Mon p\u00e8re,<br \/>\nJack Grigsby, \u00e9tait inspecteur en<br \/>\nb\u00e2timent dans l\u2019\u00c9tat de Washington.<br \/>\nApr\u00e8s avoir d\u00e9m\u00e9nag\u00e9 au Canada au<br \/>\nd\u00e9but des ann\u00e9es 1970, il est devenu<br \/>\nentrepreneur g\u00e9n\u00e9ral, tout d\u2019abord<br \/>\nau niveau r\u00e9sidentiel et ensuite<br \/>\ncommercial. En fait, j\u2019ai grandi dans<br \/>\nle secteur de la construction. J\u2019aimais,<br \/>\net j\u2019aime encore d\u2019ailleurs, me rendre<br \/>\nsur un lieu de construction pour<br \/>\nconstater l\u2019avancement des travaux de<br \/>\nconstruction ou de r\u00e9novation d\u2019une<br \/>\nmaison et ce, du plan au produit fini.<br \/>\nToutefois, jusqu\u2019\u00e0 ce que je commence<br \/>\n\u00e0 acheter et \u00e0 vendre des maisons<br \/>\nfamiliales, je ne connaissais pas les<br \/>\npossibilit\u00e9s de carri\u00e8res qui s\u2019offraient<br \/>\n\u00e0 moi. J\u2019ai alors compris que le march\u00e9<br \/>\nde l\u2019immobilier \u00e9tait tr\u00e8s impr\u00e9visible<br \/>\net la fa\u00e7on dont est d\u00e9termin\u00e9e la valeur<br \/>\nexacte d\u2019une maison m\u2019intriguait. Lors<br \/>\nde la vente d\u2019un bien locatif, j\u2019ai \u00e9t\u00e9 en<br \/>\nmesure de suivre un \u00e9valuateur et de<br \/>\nlui poser beaucoup de questions. En<br \/>\nun rien de temps, je me suis passionn\u00e9e<br \/>\npour le processus d\u2019\u00e9valuation.<br \/>\nJ\u2019estimais \u00e9galement que le domaine de<br \/>\nl\u2019\u00e9valuation \u00e9tait davantage stable et<br \/>\noffrait un horaire plus uniforme, deux<br \/>\n\u00e9l\u00e9ments \u00e0 prendre en consid\u00e9ration<br \/>\nlorsque nous \u00e9levons de jeunes enfants. <\/p>\n<p>Quelle est votre situation<br \/>\nprofessionnelle actuelle?<br \/>\nJZ: Je suis \u00e9valuatrice ind\u00e9pendante \u00e0<br \/>\nhonoraires pour la Keystone Appraisals<br \/>\nInc. \u00e0 Trail, en Colombie-Britannique.<br \/>\nOffrant des services d\u2019\u00e9valuation<br \/>\nimmobili\u00e8re r\u00e9sidentielle et commerciale,<br \/>\nainsi que des services de consultation,<br \/>\ndans les r\u00e9gions de Kootenay et de<br \/>\nBoundary, notre cabinet est tr\u00e8s progressif<br \/>\net a r\u00e9cemment \u00e9tendu ses activit\u00e9s par<br \/>\nl\u2019entremise de sa soci\u00e9t\u00e9 soeur, Vision<br \/>\nProperty Advisors, afin de r\u00e9aliser des<br \/>\nrapports de d\u00e9pr\u00e9ciation des copropri\u00e9t\u00e9s<br \/>\nexig\u00e9s en vertu de la nouvelle loi.  <\/p>\n<p>Je suis membre stagiaire de l\u2019Institut<br \/>\ncanadien des \u00e9valuateurs (ICE) et je<br \/>\nsuis actuellement les cours n\u00e9cessaires<br \/>\n\u00e0 l\u2019obtention du titre CRA (\u00c9valuateur<br \/>\nr\u00e9sidentiel canadien). Ce printemps,<br \/>\nje suivrai le dernier cours requis.<br \/>\nParall\u00e8lement, je suis en passe d\u2019obtenir<br \/>\nun baccalaur\u00e9at de l\u2019Universit\u00e9 Thompson<br \/>\nRiver de Kamloops. <\/p>\n<p>Une fois mon titre CRA obtenu, je<br \/>\nveux relever tous les d\u00e9fis et saisir toutes<br \/>\nles occasions li\u00e9s \u00e0 mon titre. Je d\u00e9sire<br \/>\n\u00e9galement agir comme mentor pour<br \/>\nd\u2019autres membres stagiaires de l\u2019ICE dans<br \/>\nla mesure du possible.  <\/p>\n<p>Quel a \u00e9t\u00e9 l\u2019aspect le plus difficile<br \/>\ndu programme de membre<br \/>\nstagiaire de l\u2019ICE et qu\u2019est-ce<br \/>\nqui vous a aid\u00e9e \u00e0 avancer?<br \/>\nJZ: Bien que les cours soient extr\u00eamement<br \/>\nint\u00e9ressants, le d\u00e9fi le plus difficile <\/p>\n<p>J\u2019ESTIMAIS QU\u2019AVOIR<br \/>\nUN BON MENTOR CHARG\u00c9 <\/p>\n<p>D\u2019AIDER LE MEMBRE<br \/>\nSTAGIAIRE \u00c0 DEVENIR<br \/>\nUN BON \u00c9VALUATEUR  <\/p>\n<p>\u00c9TAIT ESSENTIEL ET<br \/>\nJ\u2019AI EU LA CHANCE  <\/p>\n<p>D\u2019AVOIR UN MENTOR QUI<br \/>\nME SOUTENAIT BEAUCOUP.<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201450 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>L\u2019AVENIR S\u2019ANNONCE BIEN<\/p>\n<p>consistait en la conciliation de mon travail,<br \/>\nde ma famille et de mes \u00e9tudes. J\u2019ai suivi<br \/>\nles cours menant \u00e0 l\u2019obtention du titre<br \/>\nCRA \u00e0 temps partiel, tout en travaillant \u00e0<br \/>\ntemps plein et en \u00e9levant mes enfants. Tout<br \/>\nau long du processus, j\u2019estimais qu\u2019avoir<br \/>\nun bon mentor charg\u00e9 d\u2019aider le membre<br \/>\nstagiaire \u00e0 devenir un bon \u00e9valuateur \u00e9tait<br \/>\nessentiel et j\u2019ai eu la chance d\u2019avoir un<br \/>\nmentor qui me soutenait beaucoup. <\/p>\n<p>Qu\u2019est-ce qui vous<br \/>\nmotive \u00e0 r\u00e9ussir?<br \/>\nJZ: Ma famille, ma carri\u00e8re et l\u2019entreprise<br \/>\npour laquelle je travaille me motivent \u00e0<br \/>\nr\u00e9ussir. Je me sens privil\u00e9gi\u00e9e d\u2019avoir une<br \/>\nfamille qui me soutient, qui m\u2019aime et<br \/>\nqui comprend la port\u00e9e de mon emploi<br \/>\n(et merci \u00e0 Veronika et \u00e0 Spencer pour les<br \/>\nlongs trajets en voiture apr\u00e8s l\u2019\u00e9cole ou<br \/>\npendant les fins de semaine afin que je<br \/>\npuisse photographier les maisons \u00e0 vendre<br \/>\nou les terrains vacants). De nombreuses<br \/>\npossibilit\u00e9s sont associ\u00e9es \u00e0 la carri\u00e8re<br \/>\nd\u2019\u00e9valuateur. Chaque jour est diff\u00e9rent.<br \/>\nJ\u2019\u00e9value un large \u00e9ventail de biens tels<br \/>\nque des propri\u00e9t\u00e9s r\u00e9sidentielles urbaines<br \/>\nou des terres rurales. Je dois aussi passer<br \/>\ndu temps au bureau pour terminer<br \/>\nmes rapports d\u2019\u00e9valuation d\u00e9taill\u00e9s.<br \/>\nCependant, il existe un \u00e9quilibre entre<br \/>\nle travail au bureau et sur le terrain.<br \/>\nEnfin, je suis reconnaissante de travailler<br \/>\nau sein d\u2019une entreprise qui m\u2019appuie. \u00c0<br \/>\nmon avis, pour remporter du succ\u00e8s en<br \/>\ntant qu\u2019\u00e9valuateur, l\u2019appui d\u2019une bonne<br \/>\nentreprise et d\u2019une bonne association<br \/>\nest crucial. <\/p>\n<p>Quel soutien ou mentorat recevez-<br \/>\nvous tout au long du processus?<br \/>\nJZ: L\u2019ICE m\u2019a offert une carri\u00e8re<br \/>\nenrichissante et permet \u00e0 ses membres<br \/>\nde r\u00e9ussir gr\u00e2ce aux normes \u00e9lev\u00e9es en<br \/>\nmati\u00e8re de professionnalisme. Gina et<br \/>\nRob Ironmonger (et Myra) de Keystone<br \/>\nAppraisals m\u2019appuient dans mon projet<br \/>\nd\u2019obtention du titre CRA. Gina, AACI.<br \/>\nP. App., examine et cosigne mes rapports<br \/>\navant que je les remette \u00e0 mes clients. Elle<br \/>\nest \u00e9galement mon mentor. Rob, aussi <\/p>\n<p>\u00e9valuateur r\u00e9sidentiel stagiaire, m\u2019aide<br \/>\nen clarifiant les probl\u00e8mes complexes<br \/>\npouvant survenir au cours du processus<br \/>\nd\u2019\u00e9valuation et en r\u00e9pondant \u00e0 mes<br \/>\nquestions concernant les travaux<br \/>\ndans le cadre des cours. Quant \u00e0<br \/>\nMyra, elle effectue toutes les t\u00e2ches<br \/>\nadministratives et me tient au courant<br \/>\nde tout changement, puisque je travaille<br \/>\n\u00e0 l\u2019ext\u00e9rieur du si\u00e8ge social.<\/p>\n<p>Bien que vous soyez<br \/>\n\u00e9videmment tr\u00e8s occup\u00e9e,<br \/>\nvous trouvez le temps de<br \/>\nfaire du b\u00e9n\u00e9volat. En quoi<br \/>\nconsiste-t-il et pourquoi y<br \/>\nconsacrez-vous du temps?<br \/>\nJZ: J\u2019ai r\u00e9cemment fait du b\u00e9n\u00e9volat<br \/>\npour Habitat pour l\u2019humanit\u00e9 dans la<br \/>\nr\u00e9gion de Kootenay et j\u2019ai pris part \u00e0<br \/>\ndes discussions concernant l\u2019\u00e9valuation<br \/>\ndes maisons et le partenariat familial<br \/>\n(je devais notamment interviewer<br \/>\nles familles). J\u2019ai aussi particip\u00e9 aux<br \/>\nr\u00e9unions du chapitre de Kootenay de<br \/>\nl\u2019ICE. \u00c0 l\u2019avenir, j\u2019aimerais \u00eatre mentor<br \/>\nb\u00e9n\u00e9vole au sein de l\u2019ICE, puisque<br \/>\nj\u2019aimerais donner \u00e0 mon tour et aider<br \/>\nquelqu\u2019un \u00e0 r\u00e9ussir, comme ce fut<br \/>\nmon cas. <\/p>\n<p>Le b\u00e9n\u00e9volat enrichit grandement<br \/>\nma vie et, lorsque j\u2019aurai termin\u00e9<br \/>\nmes cours, j\u2019aimerais m\u2019impliquer<br \/>\ndavantage \u00e0 l\u2019\u00e9chelle provinciale et<br \/>\nm\u00eame nationale. La r\u00e9cente Conf\u00e9rence<br \/>\nannuelle de l\u2019ICE, qui s\u2019est tenue \u00e0<br \/>\nCalgary, m\u2019a fait prendre conscience<br \/>\nque de nombreuses personnes de <\/p>\n<p>l\u2019industrie ont besoin de mentorat et<br \/>\nde soutien relativement au domaine<br \/>\nqu\u2019ils ont choisi. Je recommande<br \/>\nd\u2019assister \u00e0 ces conf\u00e9rences, car<br \/>\nelles proposent des possibilit\u00e9s de<br \/>\nr\u00e9seautage, des s\u00e9minaires \u00e9ducatifs et<br \/>\nl\u2019occasion d\u2019\u00e9couter les autres parler<br \/>\nde leur exp\u00e9rience et ainsi d\u2019apprendre.<br \/>\nComme \u00e9valuatrice travaillant de<br \/>\nfa\u00e7on ind\u00e9pendante, ces conf\u00e9rences<br \/>\nme font r\u00e9aliser qu\u2019une grande \u00e9quipe<br \/>\n(ICE) me soutient et veut que<br \/>\nje r\u00e9ussisse. <\/p>\n<p>Lorsque vous ne travaillez pas<br \/>\nou ne faites pas de b\u00e9n\u00e9volat,<br \/>\nde quelle fa\u00e7on occupez-<br \/>\nvous vos temps libres?<br \/>\nJZ: Lorsque je ne travaille pas, j\u2019aime<br \/>\npasser du temps avec ma famille et<br \/>\nmes amis. Nous voyageons, nous<br \/>\nfaisons des activit\u00e9s ext\u00e9rieures comme<br \/>\ndu camping, nous nous impliquons<br \/>\ndans notre collectivit\u00e9, nous jouons<br \/>\nau curling et, plus r\u00e9cemment, mon<br \/>\nfianc\u00e9 Rich et moi avons fait du ski de<br \/>\nfond. Bien que le d\u00e9fi puisse parfois<br \/>\nsembler insurmontable, j\u2019aime suivre<br \/>\ndes cours. Steve Jobs a dit un jour<br \/>\nque \u00ab\u00a0ton travail occupera une grande<br \/>\npartie de ta vie, et la seule fa\u00e7on d\u2019\u00eatre<br \/>\nr\u00e9ellement satisfait est de faire du<br \/>\nbon travail. Et la seule fa\u00e7on de faire<br \/>\ndu bon travail est d\u2019aimer ce que tu<br \/>\nfais. Si ce n\u2019est pas le cas, continue \u00e0<br \/>\nchercher. Lorsque tu trouveras, ton<br \/>\nc\u0153ur le saura \u00bb. Il s\u2019agit de l\u2019une de<br \/>\nmes citations pr\u00e9f\u00e9r\u00e9es. <\/p>\n<p>L\u2019ICE M\u2019A OFFERT UNE CARRI\u00c8RE<br \/>\nENRICHISSANTE ET PERMET \u00c0 SES  <\/p>\n<p>MEMBRES DE R\u00c9USSIR GR\u00c2CE AUX NORMES<br \/>\n\u00c9LEV\u00c9ES EN MATI\u00c8RE DE PROFESSIONNALISME.<\/p>\n<p>\u00c0 L\u2019AVENIR, J\u2019AIMERAIS \u00caTRE MENTOR<br \/>\nB\u00c9N\u00c9VOLE AU SEIN DE L\u2019ICE, PUISQUE  <\/p>\n<p>J\u2019AIMERAIS DONNER \u00c0 MON TOUR ET AIDER<br \/>\nQUELQU\u2019UN \u00c0 R\u00c9USSIR, COMME CE FUT MON CAS.<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 51Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>AROUND THE GLOBE<\/p>\n<p>A lthough now semi-retired, Prit Paul, AACI, P.App is currently working part-time in New Delhi, India as a<br \/>\nDirector of Valuation and Advisory<br \/>\nServices with Colliers International<br \/>\nIndia. In this capacity, he oversees the<br \/>\nValuation Division of the organization<br \/>\nand provides guidance and assistance<br \/>\nto the team as he reviews valuation<br \/>\nassignments, renders his opinion, and<br \/>\nprovides input during the valuation<br \/>\nprocess. While not directly involved in<br \/>\nthe day-to-day appraisal or valuation<br \/>\nof properties, he conducts training<br \/>\nsessions, reviews appraisal assignments<br \/>\nand participates actively in business<br \/>\ndevelopment.<\/p>\n<p>How would you describe<br \/>\nthe current status of the<br \/>\nappraisal profession in India?<br \/>\nPP: The practice of real estate appraisal in<br \/>\nIndia is divided between \u2018local valuers\u2019 and<br \/>\n\u2018IPC valuers.\u2019 IPC valuers are connected<br \/>\nto an International Property Consultant<br \/>\n(IPC) such as Colliers International,<br \/>\nJones Lang LaSalle, Knight Frank, DTZ,<br \/>\nCushman and Wakefield, and CBRE \u2013 the<br \/>\nmajor IPC firms in India. The local valuers<br \/>\nare individuals who work independently<br \/>\nand are typically not connected to any<br \/>\nreal estate agency. They are appointed by<br \/>\nthe government and their qualifications<br \/>\nare somewhat limited. To the best of my<br \/>\nknowledge, there are no firms in India solely<br \/>\nfocused on real estate appraisal or valuation.<\/p>\n<p>THE APPRAISAL PROCESS IS LIKELY TO INCLUDE MORE<br \/>\nFREQUENT INTERACTION WITH CLIENTS WHO PROVIDE<br \/>\nTHEIR INSTRUCTIONS AND EXPECT THEIR WANTS AND <\/p>\n<p>NEEDS TO BE TAKEN INTO SERIOUS CONSIDERATION.<\/p>\n<p>INDIA\u2019S APPRAISAL PROFESSION<br \/>\nSTRUGGLES FOR RECOGNITION,  <\/p>\n<p>BUT HEADED IN RIGHT DIRECTION<br \/>\nW I T H  P R I T  P A U L ,  A A C I ,  P. A P P<\/p>\n<p>Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201452 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>AROUND THE GLOBE<\/p>\n<p>For residential appraisal assignments,<br \/>\nIndian banks usually hire local valuers,<br \/>\nalso known as government approved<br \/>\nvaluers. Foreign banks such as Citi Bank,<br \/>\nHSBC, Standard Chartered, Deutsche<br \/>\nBank, and other investment banks<br \/>\ntypically appoint IPC valuers to appraise<br \/>\ntheir properties. Based on the reports I<br \/>\nhave reviewed, no valuation justification<br \/>\nor background information is provided in<br \/>\nthe local valuation reports.<\/p>\n<p>Here at Colliers International India,<br \/>\nour valuation team members are well<br \/>\neducated, knowledgeable and qualified<br \/>\nin various aspects of the real estate<br \/>\nindustry, including real estate planning,<br \/>\narchitecture and finance. The team<br \/>\nmembers, however, are not trained<br \/>\nin the valuation field and are not<br \/>\neducated directly in the appraisal<br \/>\nprofession. In fact, their training is<br \/>\nactually provided by senior colleagues<br \/>\nduring the appraisal practice.<\/p>\n<p>A large majority of the valuations<br \/>\nundertaken in India by Colliers involve<br \/>\nvacant land parcels or greenfield projects.<br \/>\nThe company also undertakes appraisal<br \/>\nof shopping centres, hospitality projects,<br \/>\noffice buildings, residential and industrial<br \/>\nproperties and new apartment projects.<\/p>\n<p>In India, real estate appraisal is a<br \/>\nrewarding profession, but appraisers are<br \/>\ngenerally not respected at the level they<br \/>\nare in North America and, in fact, are<br \/>\nnot even looked upon as professionals.<br \/>\nThere are several reasons for this. One<br \/>\nis a lack of appraisal related education,<br \/>\nwhile another is a limited public<br \/>\nawareness of the appraisal profession<br \/>\nand its importance. In addition, there is<br \/>\nno centralized land title system where<br \/>\ntransaction records are available, which<br \/>\nresults in unreliable information that<br \/>\ncannot be verified. Multiple listing<br \/>\nservices are non-existent as well. Overall,<br \/>\nthe real estate industry is not transparent<br \/>\nand is highly disorganized. Since the<br \/>\nindustry is not governed by the state<br \/>\nor federal government or by any sort<br \/>\nof regulatory commission, there is no<br \/>\ncentralized system. <\/p>\n<p>The basic role of appraisers is<br \/>\nsomewhat similar to Canada in that<br \/>\ninstructions are taken from the office<br \/>\nor clients, property inspections and<br \/>\nmarket research are conducted, and<br \/>\nthen valuation reports are prepared.<br \/>\nHowever, in India, the appraisal<br \/>\nprocess is likely to include more<br \/>\nfrequent interaction with clients<br \/>\nwho provide their instructions and<br \/>\nexpect their wants and needs to be<br \/>\ntaken into serious consideration.<\/p>\n<p>In most real estate appraisals, as<br \/>\nin Canada, the value is derived by<br \/>\nestablishing the highest and best<br \/>\nuse of the property. The discounted<br \/>\ncash flow (DCF) analysis is becoming<br \/>\nquite common in these instances.<\/p>\n<p>Typically, banks negotiate appraisal<br \/>\nfees and order valuation reports, but<br \/>\nthe fees are paid by the applicants. This<br \/>\npractice often puts the appraiser at a<br \/>\ndisadvantage to provide objective values. <\/p>\n<p>If the payment terms on the<br \/>\nappraisal fees are not met, there is little<br \/>\nrecourse for the appraiser. Particularly<br \/>\nfor residential valuations, appraisal<br \/>\nfees are relatively low. <\/p>\n<p>Very few valuations of single-family<br \/>\ndwellings are undertaken, since most<br \/>\nof the single-family homes do not<br \/>\ntransact due to the joint family<br \/>\nstructure living style.<\/p>\n<p>Real estate transactions are<br \/>\nconsummated based on a cash and<br \/>\ncheque component, with the cash<br \/>\namount not forming part of the written<br \/>\nagreement. This practice is prevalent<br \/>\nin local transactions to reduce stamp<br \/>\nduty (registration charges).<\/p>\n<p>Lawyers are not usually appointed<br \/>\nfor real estate transactions, therefore,<br \/>\nno information can be obtained from<br \/>\nthe law firms.<\/p>\n<p>Do you see any specific<br \/>\ntrends in the industry?<br \/>\nPP: As India is a developing country, a<br \/>\nlarge number of new projects are always<br \/>\non the horizon and under development. It<br \/>\nis not uncommon to see hundreds of new<br \/>\nhigh-rise buildings in a single suburban<br \/>\narea. The financiers are usually the investors<br \/>\nor speculators who buy large blocks at the<br \/>\npre-launch stage of the project. Generally,<br \/>\nthey acquire 10-25% of the project and later<br \/>\nsell smaller units at a profit.<\/p>\n<p>The industry is driven by homebuyers<br \/>\nand investors. Since a substantially large<br \/>\nsegment of the Indian population is still<br \/>\nhomeless, most sales are in the affordable<br \/>\nhousing segment of the real estate market.<\/p>\n<p>Another growing trend involves Foreign<br \/>\nDirect Investment (FDI), whereby foreign<br \/>\ninvestment firms and Indian partners<br \/>\nestablish a Special Purpose Vehicle (SPV)<br \/>\nto form a joint venture for investing in<br \/>\nIndian real estate projects.<\/p>\n<p>The real estate market in India<br \/>\nfluctuates substantially, especially in<br \/>\nsuburban areas, with price variations of<br \/>\n15-40% (up or down) within a 6-18 month<br \/>\ntime period. <\/p>\n<p>How is the profession<br \/>\nevolving and where is it headed?<br \/>\nPP: I feel the profession is definitely<br \/>\nheading in the right direction. Increasing<br \/>\nnumbers of financial institutions and<br \/>\ngovernment officials are recognizing<br \/>\nIPC appraisers and accepting some<br \/>\ndesignations for their professional<br \/>\nvaluations. However, I believe that there<br \/>\nis a dire need for more professional<br \/>\norganizations to offer their services and<br \/>\nculture to the real estate profession and<br \/>\nappraisers in the Indian market.<\/p>\n<p>THERE IS A DIRE NEED FOR MORE PROFESSIONAL<br \/>\nORGANIZATIONS TO OFFER THEIR SERVICES  <\/p>\n<p>AND CULTURE TO THE REAL ESTATE PROFESSION<br \/>\nAND APPRAISERS IN THE INDIAN MARKET.<\/p>\n<p>[Continued on page 56]<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 53Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>B ien qu\u2019 il soit \u00e0 la retraite, Prit Paul, AACI, P.App travaille actuellement \u00e0 temps partiel \u00e0 New Delhi en Inde comme<br \/>\nDirecteur de l\u2019 \u00e9valuation et des services-<br \/>\nconseils pour Colliers International India.<br \/>\n\u00c0 ce titre, il supervise la Division de<br \/>\nl\u2019 \u00e9valuation de l\u2019entreprise et fournit des<br \/>\nconseils et une aide \u00e0 l\u2019 \u00e9quipe en examinant<br \/>\ndes travaux d\u2019 \u00e9valuation, en donnant son<br \/>\navis, et en formulant des commentaires au<br \/>\ncours du processus d\u2019 \u00e9valuation. M\u00eame<br \/>\ns\u2019 il n\u2019est pas impliqu\u00e9 dans l\u2019 \u00e9valuation<br \/>\nquotidienne de biens immobiliers, il offre des<br \/>\ns\u00e9ances de formation, examine des travaux<br \/>\nd\u2019 \u00e9valuation et participe au d\u00e9veloppement<br \/>\ndes affaires.<\/p>\n<p>Comment d\u00e9cririez-vous<br \/>\nl\u2019\u00e9tat actuel de la profession<br \/>\nd\u2019\u00e9valuateur en Inde?<br \/>\nPP: La pratique de l\u2019\u00e9valuation immo-<br \/>\nbili\u00e8re en Inde est r\u00e9partie parmi les \u00ab\u00a0\u00e9val-<br \/>\nuateurs locaux\u00a0\u00bbet \u00ab\u00a0les \u00e9valuateurs IPC \u00bb.<br \/>\nLes \u00e9valuateurs IPC sont li\u00e9s \u00e0 un Interna-<\/p>\n<p>tional Property Consultant comme Colliers<br \/>\nInternational, Jones Lang LaSalle, Knight<br \/>\nFrank, DTZ, Cushman\u00a0&#038; Wakefield, et<br \/>\nCBRE \u2013 les grandes entreprises IPC en Inde.<br \/>\nLes \u00e9valuateurs locaux sont des personnes<br \/>\nqui travaillent de fa\u00e7on ind\u00e9pendante et<br \/>\nqui ne sont g\u00e9n\u00e9ralement pas li\u00e9es \u00e0 une<br \/>\nagence immobili\u00e8re. Ils sont nomm\u00e9s par<br \/>\nle gouvernement et leurs qualifications sont<br \/>\nquelque peu limit\u00e9es. \u00c0 ma connaissance, il<br \/>\nn\u2019y a aucune entreprise en Inde qui se livre<br \/>\nuniquement \u00e0 l\u2019\u00e9valuation immobili\u00e8re. <\/p>\n<p>Pour les travaux d\u2019\u00e9valuation r\u00e9sidentielle,<br \/>\nles banques indiennes embauchent<br \/>\nhabituellement des \u00e9valuateurs locaux,<br \/>\n\u00e9galement connus sous le nom d\u2019\u00e9valuateurs<br \/>\napprouv\u00e9s par le gouvernement. Les banques<br \/>\n\u00e9trang\u00e8res comme Citi Bank, HSBC,<br \/>\nStandard Chartered, Deutsche Bank et<br \/>\nd\u2019autres banques d\u2019investissement nomment<br \/>\ng\u00e9n\u00e9ralement des \u00e9valuateurs IPC pour<br \/>\n\u00e9valuer leurs biens immobiliers. Selon les<br \/>\nrapports que j\u2019ai examin\u00e9s, il n\u2019y a aucune<br \/>\njustification ni aucun renseignement de base<br \/>\ndans les rapports d\u2019\u00e9valuation locale.  <\/p>\n<p>AUTOUR DU MONDE <\/p>\n<p>LA PROFESSION D\u2019\u00c9VALUATEUR<br \/>\nEN INDE A DU MAL \u00c0 SE FAIRE <\/p>\n<p>RECONNA\u00ceTRE, MAIS ELLE SE DIRIGE<br \/>\nDANS LA BONNE DIRECTION<\/p>\n<p>A V E C  P R I T  P A U L ,  A A C I ,  P. A P P<\/p>\n<p>Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201454 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>AUTOUR DU MONDE <\/p>\n<p>AUTOUR DU MONDE <\/p>\n<p>Ici, \u00e0 Colliers International India, les<br \/>\nmembres de l\u2019\u00e9quipe d\u2019\u00e9valuation sont<br \/>\ntr\u00e8s instruits, comp\u00e9tents et qualifi\u00e9s dans<br \/>\ndivers domaines de l\u2019industrie immobili\u00e8re,<br \/>\ny compris la planification immobili\u00e8re, l\u2019ar-<br \/>\nchitecture et les finances. Cependant, ils ne<br \/>\nsont pas form\u00e9s dans le domaine de l\u2019\u00e9valu-<br \/>\nation et n\u2019ont pas fait d\u2019\u00e9tudes directement<br \/>\nli\u00e9es \u00e0 la profession d\u2019\u00e9valuateur. En fait,<br \/>\nleur formation est assur\u00e9e par des coll\u00e8gues<br \/>\nsup\u00e9rieurs au cours de leur pratique.  <\/p>\n<p>Une grande majorit\u00e9 des \u00e9valuations<br \/>\nmen\u00e9es par Colliers en Inde comprend des<br \/>\nparcelles de terrains vacants ou des nou-<br \/>\nveaux projets. L\u2019entreprise se livre aussi \u00e0<br \/>\nl\u2019\u00e9valuation de centres commerciaux, de<br \/>\nprojets d\u2019accueil, d\u2019immeubles de bureaux,<br \/>\nde propri\u00e9t\u00e9s r\u00e9sidentielles et industrielles, et<br \/>\nd\u2019immeubles d\u2019habitation.  <\/p>\n<p>En Inde, l\u2019\u00e9valuation immobili\u00e8re est une<br \/>\nprofession valorisante, mais les \u00e9valuateurs<br \/>\nne sont g\u00e9n\u00e9ralement pas respect\u00e9s au m\u00eame<br \/>\nniveau que leurs coll\u00e8gues nord-am\u00e9ricains<br \/>\net en fait, ils ne sont m\u00eame pas consid\u00e9r\u00e9s<br \/>\ncomme des professionnels. Plusieurs raisons<br \/>\nmotivent cette croyance. L\u2019une d\u2019elles est le<br \/>\nmanque d\u2019information sur l\u2019\u00e9valuation alors<br \/>\nqu\u2019une autre est que peu de gens connaissent<br \/>\nla profession d\u2019\u00e9valuateur et son importance.<br \/>\nDe plus, il n\u2019existe aucun syst\u00e8me central de<br \/>\ntitres fonciers o\u00f9 les relev\u00e9s d\u2019op\u00e9ration sont<br \/>\ndisponibles, ce qui se traduit par des ren-<br \/>\nseignements peu fiables qui ne peuvent \u00eatre<br \/>\nv\u00e9rifi\u00e9s. Des services d\u2019inscriptions multiples<br \/>\nn\u2019existent \u00e9galement pas. Dans l\u2019ensemble, le<br \/>\nsecteur immobilier manque de transparence<br \/>\net est tr\u00e8s d\u00e9sorganis\u00e9. Puisque l\u2019industrie<br \/>\nn\u2019est pas r\u00e9gie par le gouvernement f\u00e9d\u00e9ral,<br \/>\nde l\u2019\u00e9tat ni par aucune commission r\u00e9gle-<br \/>\nmentaire, il n\u2019y a pas de syst\u00e8me centralis\u00e9.<\/p>\n<p>Le r\u00f4le fondamental des \u00e9valuateurs est<br \/>\nassez semblable \u00e0 celui au Canada en ce sens<br \/>\nque les instructions sont re\u00e7ues du bureau<br \/>\nou des clients, l\u2019inspection des propri\u00e9t\u00e9s et<br \/>\nl\u2019\u00e9tude des march\u00e9s sont men\u00e9es et par la<br \/>\nsuite les rapports d\u2019\u00e9valuation sont pr\u00e9par\u00e9s. <\/p>\n<p>En Inde, toutefois, le processus d\u2019\u00e9valuation<br \/>\ninclura probablement plus d\u2019interactions<br \/>\navec les clients qui transmettent leurs<br \/>\ninstructions et qui s\u2019attendent \u00e0 ce que l\u2019on<br \/>\ntienne suffisamment compte de leurs besoins<br \/>\net de leurs d\u00e9sirs.  <\/p>\n<p>Dans la plupart des \u00e9valuations<br \/>\nimmobili\u00e8res, tout comme au Canada, on<br \/>\nestime la valeur en \u00e9tablissant l\u2019utilisation<br \/>\noptimale de la propri\u00e9t\u00e9. Dans de tels cas,<br \/>\nl\u2019analyse de la valeur actualis\u00e9e des flux de<br \/>\ntr\u00e9sorerie (VAF) devient de plus en plus<br \/>\npratique courante.  <\/p>\n<p>G\u00e9n\u00e9ralement, les banques n\u00e9gocient<br \/>\nles frais d\u2019\u00e9valuation et exigent les rapports<br \/>\nd\u2019\u00e9valuation, mais les frais sont pris en<br \/>\ncharge par les requ\u00e9rants. Cette pratique met<br \/>\nen d\u00e9savantage l\u2019\u00e9valuateur qui doit fournir<br \/>\ndes valeurs objectives.<\/p>\n<p>Si les conditions de paiement des frais<br \/>\nd\u2019\u00e9valuation ne sont pas respect\u00e9es, il<br \/>\nn\u2019existe gu\u00e8re de recours pour l\u2019\u00e9valuateur.<br \/>\nLes frais d\u2019\u00e9valuation sont relativement<br \/>\npeu \u00e9lev\u00e9s, en particulier pour les \u00e9valuations<br \/>\nr\u00e9sidentielles.  <\/p>\n<p>Tr\u00e8s peu d\u2019\u00e9valuations de maisons unifa-<br \/>\nmiliales sont men\u00e9es puisque la plupart des<br \/>\nmaisons unifamiliales ne sont pas soumises \u00e0<br \/>\ndes transactions en raison du style de vie de<br \/>\nstructures familiales conjointes.  <\/p>\n<p>Les transactions immobili\u00e8res sont<br \/>\nconclues d\u2019apr\u00e8s une composante en esp\u00e8ces<br \/>\net par ch\u00e8que, o\u00f9 le montant en argent<br \/>\ncomptant ne fait pas partie de l\u2019accord \u00e9crit.<br \/>\nCette pratique est courante lors de transac-<br \/>\ntions immobili\u00e8res pour r\u00e9duire le droit de<br \/>\ntimbre (frais d\u2019inscription).<\/p>\n<p>Les avocats sont rarement nomm\u00e9s<br \/>\npour les transactions immobili\u00e8res de sorte<br \/>\nqu\u2019aucune information ne peut \u00eatre obtenue<br \/>\n\u00e0 partir de cabinets d\u2019avocats.<\/p>\n<p>Constatez-vous des tendances<br \/>\npr\u00e9cises dans l\u2019industrie?<br \/>\nPP: \u00c9tant donn\u00e9 que l\u2019Inde est un pays<br \/>\nen d\u00e9veloppement, un grand nombre de <\/p>\n<p>nouveaux projets se pointent toujours \u00e0<br \/>\nl\u2019horizon et sont en cours d\u2019\u00e9laboration.<br \/>\nIl n\u2019est pas rare de voir des centaines de<br \/>\nnouveaux b\u00e2timents de grande hauteur<br \/>\ndans une zone suburbaine. Les financiers<br \/>\nsont g\u00e9n\u00e9ralement des investisseurs ou des<br \/>\nsp\u00e9culateurs qui ach\u00e8tent de gros blocs \u00e0<br \/>\nla phase de d\u00e9veloppement du projet. En<br \/>\ng\u00e9n\u00e9ral, ils ach\u00e8tent de 10 % \u00e0 25 % du<br \/>\nprojet et vendent ult\u00e9rieurement de plus<br \/>\npetites unit\u00e9s \u00e0 profit. <\/p>\n<p>L\u2019industrie d\u00e9pend des acheteurs et des<br \/>\ninvestisseurs. Puisqu\u2019une partie consid\u00e9rable<br \/>\nde la population indienne est toujours<br \/>\nitin\u00e9rante, la plupart des ventes sont dans<br \/>\nle secteur du logement abordable du<br \/>\nmarch\u00e9 immobilier.<\/p>\n<p>On constate qu\u2019il y a de plus en<br \/>\nplus d\u2019investissements \u00e9trangers directs<br \/>\n(IED), o\u00f9 des entreprises \u00e9trang\u00e8res<br \/>\nd\u2019investissements et des partenaires<br \/>\nindiens \u00e9tablissent une structure d\u2019accueil<br \/>\nanonyme (SAA) pour mettre en place un<br \/>\npartenariat afin d\u2019investir dans des projets<br \/>\nimmobiliers indiens. <\/p>\n<p>Le march\u00e9 immobilier indien varie<br \/>\nconsid\u00e9rablement, en particulier dans les<br \/>\nzones suburbaines, avec des \u00e9carts de prix<br \/>\nde 15 % \u00e0 40 % (\u00e0 la hausse ou \u00e0 la baisse) \u00e0<br \/>\nl\u2019int\u00e9rieur d\u2019une p\u00e9riode de temps de 6<br \/>\n\u00e0 18 mois.<\/p>\n<p>De quelle fa\u00e7on la<br \/>\nprofession \u00e9volue-t-elle<br \/>\net \u00e0 quoi doit-on s\u2019attendre?<br \/>\nPP: Je crois que la profession est certaine-<br \/>\nment sur la bonne voie. Il y a un nombre<br \/>\ngrandissant d\u2019institutions financi\u00e8res et de<br \/>\nrepr\u00e9sentants gouvernementaux qui recon-<br \/>\nnaissent les \u00e9valuateurs IPC et qui acceptent<br \/>\ncertains titres pour leurs \u00e9valuations profes-<br \/>\nsionnelles. N\u00e9anmoins, je crois qu\u2019il y a un<br \/>\nbesoin urgent pour davantage d\u2019organisa-<br \/>\ntions professionnelles d\u2019offrir leurs services<br \/>\net leurs cultures aux professionnels et<br \/>\n\u00e9valuateurs immobiliers du march\u00e9 indien.  <\/p>\n<p>LE PROCESSUS D\u2019\u00c9VALUATION INCLURA PROBABLEMENT PLUS D\u2019INTERACTIONS AVEC<br \/>\nLES CLIENTS QUI TRANSMETTENT LEURS INSTRUCTIONS ET QUI S\u2019ATTENDENT \u00c0 CE QUE <\/p>\n<p>L\u2019ON TIENNE SUFFISAMMENT COMPTE DE LEURS BESOINS ET DE LEURS D\u00c9SIRS. <\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 55Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>What career path has led you<br \/>\nto your current position?<br \/>\nPP: Living in Canada, I began<br \/>\nenrolling in appraisal courses in 1980.<br \/>\nMy first job was in 1982 as a residential<br \/>\nappraiser with Ken McDonald and<br \/>\nAssociates in Edmonton. I earned my<br \/>\nCRA designation in 1986 and my AACI<br \/>\nin 1990. In 1989, I joined Weisgerber<br \/>\nFrost and shortly thereafter established<br \/>\nFrost and Associates with Brian Frost<br \/>\nand Rolf Halverson as partners. Due<br \/>\nto personal reasons, I moved to India<br \/>\nin 1996, where I established and<br \/>\noperated my own valuation and<br \/>\ninvestment business until 2007. I<br \/>\nthen joined Colliers International as<br \/>\na valuation consultant and became<br \/>\nDirector of Valuation and Advisory<br \/>\nServices in 2009.<\/p>\n<p>How and why did your AIC<br \/>\nmembership come about?<br \/>\nPP: I was working as an investment<br \/>\nadvisor with a real estate firm in Edmonton<br \/>\ninvolved in the acquisition of multi-<br \/>\nfamily (apartment) projects. I was keen<br \/>\nto understand the property business<br \/>\nand to know the true meaning of terms<br \/>\nsuch as market value, replacement cost,<br \/>\ndepreciation, functional utility, deferred<br \/>\nmaintenance and the like. I started to<br \/>\ntake investment analysis seminars and<br \/>\nlearned about courses offered by the AIC.<br \/>\nI subsequently became a member in 1979<br \/>\nand enrolled in a number of its courses. For<br \/>\na number of years, I served on the executive<br \/>\ncommittee of both the Edmonton Chapter<br \/>\nand the Alberta Association. I also served<br \/>\nas Chairman of the Experience Rating<br \/>\nCommittee in 1991.<\/p>\n<p>What are the benefits of belonging<br \/>\nto the AIC and having your<br \/>\nAACI, P.App designation?<br \/>\nPP: I am very proud to be a Canadian and a<br \/>\ndesignated member of the Appraisal Institute<br \/>\nof Canada. I use my AACI, P.App designation<br \/>\nin appraisal reports, at business meetings and<br \/>\nin all of my correspondence. Unfortunately,<br \/>\nthe benefits of having my designation are<br \/>\nsomewhat limited in India, as the real estate<br \/>\nindustry here is mostly influenced by bankers<br \/>\nand executives from the UK, Europe and<br \/>\nSoutheast Asia. To some extent, the British<br \/>\nRaj influence still exists. Although most<br \/>\nbankers and investors are not familiar with<br \/>\nNorth American designations, colleagues<br \/>\nand clients who know about our Canadian<br \/>\nstandards of appraisal practice definitely<br \/>\nrespect my association with the AIC and what<br \/>\nit enables me to bring to the table. <\/p>\n<p>AROUND THE GLOBE<\/p>\n<p>Quel cheminement de carri\u00e8re<br \/>\nvous a men\u00e9 \u00e0 votre poste actuel?<br \/>\nPP: Lorsque j\u2019habitais au Canada, j\u2019ai<br \/>\ncommenc\u00e9 \u00e0 suivre des cours d\u2019\u00e9valua-<br \/>\ntion en 1980. Le premier emploi que j\u2019ai<br \/>\noccup\u00e9 \u00e9tait en 1982 en tant qu\u2019\u00e9valua-<br \/>\nteur r\u00e9sidentiel pour Ken McDonald and<br \/>\nAssociates \u00e0 Edmonton. J\u2019ai obtenu mon<br \/>\ntitre CRA en 1986 et celui d\u2019AACI en<br \/>\n1990. En 1989, je me suis joint \u00e0 Weisger-<br \/>\nber Frost et peu de temps apr\u00e8s j\u2019ai \u00e9tabli<br \/>\nFrost and Associates avec Brian Frost et<br \/>\nRolf Halverson en tant que partenaires.<br \/>\nPour des motifs personnels, j\u2019ai d\u00e9m\u00e9nag\u00e9<br \/>\nen Inde en 1996, o\u00f9 j\u2019ai cr\u00e9\u00e9 et g\u00e9r\u00e9 ma<br \/>\npropre entreprise d\u2019\u00e9valuation et d\u2019inves-<br \/>\ntissement jusqu\u2019en 2007. Ensuite, je me<br \/>\nsuis joint \u00e0 Colliers International en tant<br \/>\nque consultant en \u00e9valuation et en 2009,<br \/>\nje suis devenu le Directeur de l\u2019\u00e9valuation<br \/>\net des services-conseils. <\/p>\n<p>Comment et pourquoi en \u00eates-vous<br \/>\narriv\u00e9 \u00e0 votre adh\u00e9sion \u00e0 l\u2019ICE?<br \/>\nPP: Je travaillais comme conseiller financier<br \/>\npour un cabinet immobilier \u00e0 Edmonton<br \/>\nqui s\u2019int\u00e9ressait \u00e0 l\u2019acquisition de projets de<br \/>\nlogements multifamiliaux (appartements).<br \/>\nJ\u2019avais envie de comprendre l\u2019activit\u00e9 des<br \/>\nbiens immobiliers et de savoir au fond le vrai<br \/>\nsens des termes comme la valeur marchande,<br \/>\nle co\u00fbt de remplacement, la d\u00e9pr\u00e9ciation,<br \/>\nl\u2019utilit\u00e9 fonctionnelle, l\u2019entretien diff\u00e9r\u00e9, et<br \/>\nautres termes de ce genre. J\u2019ai commenc\u00e9 \u00e0<br \/>\nsuivre des s\u00e9minaires sur l\u2019analyse financi\u00e8re<br \/>\net j\u2019ai appris que l\u2019ICE offrait des cours. Par<br \/>\nla suite, je suis devenu membre en 1979 et<br \/>\nje me suis inscrit \u00e0 un certain nombre de<br \/>\ncours. Pendant plusieurs ann\u00e9es, j\u2019ai si\u00e9g\u00e9 au<br \/>\nComit\u00e9 ex\u00e9cutif du chapitre d\u2019Edmonton<br \/>\net de l\u2019Association de l\u2019Alberta. En 1991, j\u2019ai<br \/>\n\u00e9galement \u00e9t\u00e9 Pr\u00e9sident du Comit\u00e9 d\u2019\u00e9valu-<br \/>\nation de l\u2019exp\u00e9rience.<\/p>\n<p>Quels sont les avantages de<br \/>\nfaire partie de l\u2019ICE et d\u2019avoir<br \/>\nvotre titre AACI, P.App?<br \/>\nPP: Je suis tr\u00e8s fier d\u2019\u00eatre Canadien et d\u2019\u00eatre<br \/>\nun membre d\u00e9sign\u00e9 de l\u2019Institut canadien des<br \/>\n\u00e9valuateurs. J\u2019utilise mon titre AACI, P.App<br \/>\ndans les rapports d\u2019\u00e9valuation, dans les r\u00e9unions<br \/>\nd\u2019affaires et dans toute ma correspondance.<br \/>\nMalheureusement, les avantages d\u2019avoir mon titre<br \/>\nsont quelque peu limit\u00e9s en Inde \u00e9tant donn\u00e9 que<br \/>\nle secteur de l\u2019immobilier est en pr\u00e9dominance<br \/>\ninfluenc\u00e9 par les banquiers et les dirigeants<br \/>\ndu Royaume-Uni, d\u2019Europe et d\u2019Asie du Sud-<br \/>\nEst. Jusqu\u2019\u00e0 un certain point, l\u2019influence de la<br \/>\ndomination britannique existe toujours. Bien que<br \/>\nla plupart des banquiers et des investisseurs soient<br \/>\npeu familiers avec les titres nord-am\u00e9ricains,<br \/>\nles coll\u00e8gues et les clients qui connaissent nos<br \/>\nnormes canadiennes en mati\u00e8re d\u2019\u00e9valuation<br \/>\nrespectent mon association avec l\u2019ICE et ce<br \/>\nqu\u2019elle me permet de mettre \u00e0 contribution. <\/p>\n<p>AUTOUR DU MONDE <\/p>\n<p>[Continued from page 53]<\/p>\n<p>IL Y A UN BESOIN URGENT POUR DAVANTAGE D\u2019ORGANISATIONS<br \/>\nPROFESSIONNELLES D\u2019OFFRIR LEURS SERVICES ET LEURS CULTURES AUX <\/p>\n<p>PROFESSIONNELS ET \u00c9VALUATEURS IMMOBILIERS DU MARCH\u00c9 INDIEN.  <\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201456 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>Reserve Fund Planning Program (RFPP)<br \/>\nIntroducing the<\/p>\n<p>The RFPP program comprises two courses:<\/p>\n<p>CPD 891: Fundamentals of Reserve Fund Planning<br \/>\nA comprehensive overview of the underlying theory,<br \/>\nprinciples, and techniques required for preparing<br \/>\nreserve fund studies and depreciation reports.<\/p>\n<p>CPD 899: Reserve Fund Planning Guided Case Study<br \/>\nGuides the student through the process of completing a<br \/>\ncomprehensive reserve fund study report. <\/p>\n<p>UBC Real Estate Division is pleased to announce the new Reserve Fund Planning Program (RFPP),<br \/>\na national program designed to provide real estate practitioners with the necessary expertise<br \/>\nrequired to complete a diversity of reserve fund studies and depreciation reports. <\/p>\n<p>The program covers a variety of property types from different Canadian provinces, offering both<br \/>\ndepth and breadth in understanding how reserve fund studies are prepared for condominium\/stratas<br \/>\nand other properties.<\/p>\n<p>Find out more and apply to the<br \/>\nprogram now:  <\/p>\n<p>realestate.ubc.ca\/RFPP<br \/>\ntel:  604.822.2227 \/ 1.877.775.7733<br \/>\nemail:  rfpp@realestate.sauder.ubc.ca<\/p>\n<p>Those holding the CRA or AACI<br \/>\ndesignations have met the program<br \/>\npre-requisites and are eligible for direct<br \/>\nentry into the RFP program.<\/p>\n<p>realestate.ubc.ca\/RFPP<br \/>\nmailto:rfpp@realestate.sauder.ubc.ca<\/p>\n<p>NEWS\/NOUVELLES<\/p>\n<p>The following members of the Appraisal<br \/>\nInstitute of Canada have passed away.<br \/>\nOn behalf of everyone connected with<br \/>\nthe Institute and the profession, we<br \/>\nextend our sincerest sympathies to their<br \/>\nfamilies, friends and associates. <\/p>\n<p>Les membres suivant de l\u2019Institut canadien<br \/>\ndes \u00e9valuateurs sont d\u00e9c\u00e9d\u00e9s. Au nom de<br \/>\ntous ceux qui oeuvrent de pr\u00e8s ou de loin<br \/>\nau sein de l\u2019Institut et de la profession, nous<br \/>\nexprimons nos plus sinc\u00e8res condol\u00e9ances \u00e0<br \/>\nleurs familles, amis et associ\u00e9s.<\/p>\n<p>In the last issue of Canadian Property<br \/>\nValuation (Volume 57\/Book 4\/2013),<br \/>\na Table was not properly identified in<br \/>\nthe article entitled Valuation of seniors<br \/>\nhousing and long-term care properties. In<br \/>\nthe English version on page 27, Table 1<br \/>\nshould have been identified as \u2018Typical<br \/>\nComponent Assets of a Seniors Housing<br \/>\nand Long-term Care Property\u2019 and, in<br \/>\nthe body of the text on the same page,<br \/>\nreaders were directed to \u2018the table above\u2019<br \/>\nwhen the reference should have been to<br \/>\n\u2018Table 1 below.\u2019 In the French version<br \/>\nof the article on page 30, Tableau 1<br \/>\nshould have been identified as \u2018Actifs<br \/>\nhabituels des logements pour a\u00een\u00e9s<br \/>\net des propri\u00e9t\u00e9s de soins de longue<br \/>\ndur\u00e9e.\u2019 The references are correct in<br \/>\nthe electronic version of the magazine<br \/>\navailable through the AIC website. We<br \/>\napologize for any inconvenience this<br \/>\nmay have caused.<\/p>\n<p>CORRECTION NOTICE \/ AVIS DE CORRECTION<\/p>\n<p>Dans le dernier num\u00e9ro de l\u2019\u00c9valuation<br \/>\nimmobili\u00e8re au Canada (Volume 57\/<br \/>\nLivre 4\/2013), un tableau n\u2019a pas \u00e9t\u00e9<br \/>\ncorrectement d\u00e9sign\u00e9 dans l\u2019article intitul\u00e9<br \/>\nValuation of seniors housing and long-<br \/>\nterm care properties. \u00c0 la page 27 de la<br \/>\nversion anglaise, le Table 1 aurait d\u00fb \u00eatre<br \/>\nd\u00e9sign\u00e9 comme \u00ab Typical Component Assets<br \/>\nof a Seniors Housing and Long-term Care<br \/>\nProperty \u00bbet, dans le corps du texte sur<br \/>\nla m\u00eame page, les lecteurs ont \u00e9t\u00e9 dirig\u00e9s<br \/>\nvers \u00ab le tableau ci-haut \u00bbquand il \u00e9tait<br \/>\nquestion du \u00ab tableau ci-dessous \u00bb. \u00c0 la<br \/>\npage 30 de la version fran\u00e7aise de l\u2019article,<br \/>\nle Tableau 1 aurait d\u00fb \u00eatre d\u00e9sign\u00e9 comme<br \/>\n\u00ab Actifs habituels des logements pour a\u00een\u00e9s<br \/>\net des propri\u00e9t\u00e9s de soins de longue dur\u00e9e \u00bb.<br \/>\nLes r\u00e9f\u00e9rences sont exactes dans la version<br \/>\n\u00e9lectronique de la revue disponible sur<br \/>\nle site Web de l\u2019ICE. Nous sommes<br \/>\nd\u00e9sol\u00e9s pour les inconv\u00e9nients que<br \/>\ncela a pu occasionner.<\/p>\n<p>IN MEMORIAM<\/p>\n<p>Henry Bullock, AACI, P.App<br \/>\nRetired\/Retrait\u00e9<br \/>\nSault Ste. Marie, ON<\/p>\n<p>Walter Dunham<br \/>\nCandidate Member\/Membre stagiaires<br \/>\nMississauga, ON <\/p>\n<p>Gaston Labb\u00e9, AACI, P.App<br \/>\nQuebec, QC<\/p>\n<p>David (Mike) Miller, CRA<br \/>\nRetired\/Retrait\u00e9<br \/>\nMoncton, NB <\/p>\n<p>Joseph Strung, AACI, P.App<br \/>\nRetired\/Retrait\u00e9<br \/>\nHamilton, ON <\/p>\n<p>Fred Willadsen, CRA<br \/>\nSeeley\u2019s Bay, ON<\/p>\n<p>Canadian<br \/>\nCost Estimating <\/p>\n<p>Guides<br \/>\nThese comprehensive<br \/>\nmanuals are a MUST  <\/p>\n<p>for estimating<br \/>\nreplacement costs!<\/p>\n<p>ESTIMATE REPLACEMENT COST<br \/>\nOF SINGLE FAMILY DWELLINGS<br \/>\n\u2022 1 Storey \u2022 1\u00be Storey \u2022 Raised Ranch   <\/p>\n<p>       \u2022 2 story \u2022 Tri-Level \u2022 2\u00bd Storey<br \/>\n\u2022 1\u00bd Storey \u2022 Garages<\/p>\n<p>Residential Costing Guide<\/p>\n<p>www.douglascostguide.com<\/p>\n<p>Toll Free: 877-284-0028<br \/>\nFax: 519-238-6214<\/p>\n<p>www.douglascostguide.com<br \/>\nkarldouglas@hay.net<\/p>\n<p>10341 Pinetree Drive, Grand Bend, ON  N0M 1T0<\/p>\n<p>ESTIMATE REPLACEMENT COST OF<br \/>\nAGRICULTURAL USE BUILDINGS<\/p>\n<p>\u2713 Dairy   \u2713 Poultry   \u2713 Swine<br \/>\n\u2713 Produce Storage   \u2713 Horses   \u2713 Beef<br \/>\n\u2713 Feed Storage   \u2713 Machinery Storage<\/p>\n<p>Agricultural Costing Guide<\/p>\n<p>BROKERS<br \/>\nADJUSTERS<\/p>\n<p>UNDERWRITERS!<\/p>\n<p>ONLINE VERSIONS<br \/>\nAVAILABLE<\/p>\n<p>PLEASE CALL, FAX or EMAIL<br \/>\nFOR DETAILS<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201458 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"8ukZuwuY5y\"><p><a href=\"https:\/\/www.douglascostguide.com\/\">Douglas Cost Guide: Estimate Rebuild &#038; Replacement Costs<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"oembed-iframe\"  class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Douglas Cost Guide: Estimate Rebuild &#038; Replacement Costs&#8221; &#8212; Douglas Cost Guide\" src=\"https:\/\/www.douglascostguide.com\/embed\/#?secret=g3dxjT5GcG#?secret=8ukZuwuY5y\" data-secret=\"8ukZuwuY5y\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><br \/>\nmailto:karldouglas@hay.net<\/p>\n<p>NEWS\/NOUVELLES<\/p>\n<p>JACK WARREN SCHOLARSHIP RECIPIENTS \u2013 2013 \/<br \/>\nLAUR\u00c9ATS DE LA BOURSE JACK WARREN \u2013 2013<\/p>\n<p>Previous recipients include \/ <\/p>\n<p>2012 Tanya Truong Vancouver, BC<br \/>\n2011 Daniel Dwyre Toronto, ON<br \/>\n Laurel Fadeef Stavely, AB<br \/>\n Allan Koebel Kelowna, BC<br \/>\n2010 Dan Green Ucluelet, BC<br \/>\n2009 Vi Thi Dang North Vancouver, BC<br \/>\n Alex Messina Vancouver, BC<br \/>\n Wendy Wood Kelowna, BC<br \/>\n2008 Suzanne Clarke Surrey, BC<br \/>\n Laura McConnell Victoria, BC<br \/>\n Richard Marleau Saskatoon, SK<br \/>\n Clifford Smirl Westbank, BC<br \/>\n2007 Tyler Beatty  Kelowna, BC<br \/>\n Melissa Blais North Saanich, BC<br \/>\n Stephen Cullis Terrace, BC<br \/>\n Henry Wang Surrey, BC<br \/>\n2006 Daniel Shields Sault St. Marie, ON<br \/>\n Dustin Lamoureux Victoria, BC<br \/>\n Gordon French Vernon, BC<br \/>\n Karen Taber North Vancouver, BC<br \/>\n April Green Vancouver, BC<br \/>\n2005 Hlynn Kenny St. John\u2019s, NL<br \/>\n Charlotte Ciok Vancouver, BC<br \/>\n Anthony Plumtree Abbotsford, BC<br \/>\n2004 Bronwen Vaughan Victoria, BC<br \/>\n Karen Osland Victoria, BC<br \/>\n Samantha Sawyer Vancouver, BC<br \/>\n2003 Kristin Linquist Port Moody, BC<br \/>\n Anita Powell High River, AB<br \/>\n2002 David Bush Victoria, BC<br \/>\n2001 Sandra Carlson Aldergrove, BC<br \/>\n Yvonne McIntyre Nanaimo, BC<br \/>\n2000   Daryn Stewart  Salmon Arm, BC<br \/>\n1999 Brent Kaup  Edmonton, AB<br \/>\n Laina Chwelos St. Albert, SK<br \/>\n Colleen Underwood  Surrey, BC<\/p>\n<p>The Jack Warren Educational Trust Committee is pleased to announce the<br \/>\nrecipients of the 2013 scholarships.<\/p>\n<p>Congratulations go to Jeffrey Lynch, of Bolton, ON and Mark McDill,<br \/>\nof Winnipeg, MB, this year\u2019s recipients of the Jack Warren Education<br \/>\nTrust Scholarship.<\/p>\n<p>The annual scholarship is available to individuals from across Canada<br \/>\npursuing careers in real estate appraisal. For more information or to obtain an<br \/>\nofficial application form, please contact the British Columbia Association of the<br \/>\nAppraisal Institute of Canada office, #210 \u2013 10451 Shellbridge Way, Richmond<br \/>\nBC, V6X 2W8, (604) 284-5515, or visit the BC Association Appraisal Institute<br \/>\nof Canada website www.appraisal.bc.ca, click on \u2018About Us,\u2019 and then \u2018In the<br \/>\nCommunity,\u2019 and scroll down to the \u2018Jack Malcolm Warren Educational Trust.\u2019 <\/p>\n<p>La liste des autres<br \/>\nr\u00e9cipiendaires inclut :<\/p>\n<p>Le comit\u00e9 du Jack Warren Educational Trust est heureux d\u2019annoncer les laur\u00e9ats<br \/>\ndes bourses de 2013. <\/p>\n<p>F\u00e9licitations \u00e0 Jeffrey Lynch, de Bolton, Ontario et \u00e0 Mark McDill, de<br \/>\nWinnipeg, Manitoba, les laur\u00e9ats de cette ann\u00e9e de la bourse Jack Warren<br \/>\nEducational Trust.<\/p>\n<p>La bourse annuelle est offerte aux personnes partout au Canada qui poursuivent<br \/>\nune carri\u00e8re dans le domaine de l\u2019 \u00e9valuation immobili\u00e8re. Pour obtenir plus de<br \/>\nrenseignements ou un formulaire officiel de demande, communiquez avec le bureau<br \/>\nde la British Columbia Association de l\u2019Institut canadien des \u00e9valuateurs, #210-<br \/>\n10451 Shellbridge Way, Richmond, C.-B., V6X 2W8, (604) 284-5515, ou visitez<br \/>\nle site Web de la BC Association Appraisal Institute of Canada www.appraisal.<br \/>\nbc.ca, cliquez sur \u00ab About Us \u00bb, et ensuite \u00ab In the Community \u00bb, et d\u00e9filez vers le<br \/>\nbas jusqu\u2019 \u00e0 \u00ab Jack Malcolm Warren Educational Trust \u00bb. <\/p>\n<p>Link\/Lien :<br \/>\nwww.aicanada.ca\/province-british-columbia\/british-columbia\/about-us\/in-the-community\/<\/p>\n<p>Mark McDill, AIC Candidate (centre),<br \/>\nreceived his scholarship from AIC-Manitoba<br \/>\nPresident Eric Krueger, AACI, P.App (L); and <\/p>\n<p>AIC President Dan Wilson, AACI, P.App (R).<\/p>\n<p>Mark McDill, stagiaire de l\u2019ICE (centre), a re\u00e7u<br \/>\nsa bourse du Pr\u00e9sident de l\u2019ICE-Manitoba <\/p>\n<p>Eric Krueger, AACI, P.App (G); et du Pr\u00e9sident<br \/>\nde l\u2019ICE Dan Wilson, AACI, P.App (D).<\/p>\n<p>Jeffrey Lynch, Candidate (L), received<br \/>\nhis scholarship from AIC-Ontario <\/p>\n<p>President Jim Rokeby, AACI, P. App.<\/p>\n<p>Jeffrey Lynch, stagiaire (G), a re\u00e7u<br \/>\nsa bourse du Pr\u00e9sident de l\u2019ICE-<\/p>\n<p>Ontario Jim Rokeby, AACI, P. App.<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 59Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>http:\/\/www.appraisal.bc.ca<br \/>\nhttp:\/\/www.appraisal.bc.ca<br \/>\nhttp:\/\/www.aicanada.ca\/province-british-columbia\/british-columbia\/about-us\/in-the-community\/<\/p>\n<p>NEWS\/NOUVELLES<\/p>\n<p>ONLINE LIBRARY \/ BIBLIOTH\u00c8QUE VIRTUELLE<\/p>\n<p>Online Library \u2013<br \/>\nYour newest resource<\/p>\n<p>In order to assist our members to quickly find relevant<br \/>\ntechnical information or research related to specific<br \/>\nproperties, appraisal methods and services, the<br \/>\nAppraisal Institute of Canada is proud to announce the<br \/>\nintroduction of our newest member resource \u2013 the AIC\u2019s<br \/>\nOnline Library. Beginning in April, members seeking<br \/>\nto reference articles on specific subjects will be able<br \/>\nto do so through the Online Library. Technical articles<br \/>\nfeatured in Canadian Property Valuation dating back to<br \/>\n2008, as well as from subsequent issues going forward,<br \/>\nwill be stored in the library and members will be able<br \/>\nto efficiently search by subject categories, author, issue<br \/>\nand\/or keywords. The Online Library will be accessible<br \/>\nto members on the AIC website and will be user friendly,<br \/>\nwith guidelines and prompts to lead members on their<br \/>\nsearch. As the library grows over time, it will provide<br \/>\nmembers with an increasingly valuable tool with which to<br \/>\nenhance their knowledge base. <\/p>\n<p>Biblioth\u00e8que en ligne \u2013<br \/>\nUn nouvel outil pour vous! <\/p>\n<p>Afin d\u2019aider les membres \u00e0 trouver rapidement<br \/>\nl\u2019information technique ou \u00e0 effectuer des recherches<br \/>\nli\u00e9es \u00e0 des propri\u00e9t\u00e9s sp\u00e9cifiques, aux m\u00e9thodes et aux<br \/>\nservices d\u2019\u00e9valuation, l\u2019Institut canadien des \u00e9valuateurs<br \/>\na le plaisir d\u2019annoncer l\u2019introduction de son plus r\u00e9cent<br \/>\noutil \u00e0 l\u2019intention des membres \u2013 la Biblioth\u00e8que en<br \/>\nligne. \u00c0 compter d\u2019avril, les membres qui veulent<br \/>\nconsulter des articles sur des sujets sp\u00e9cifiques<br \/>\npourront le faire en se rendant \u00e0 la biblioth\u00e8que en<br \/>\nligne. Les articles techniques parus dans les num\u00e9ros<br \/>\nde L\u2019\u00c9valuation immobili\u00e8re au Canada depuis 2008 et<br \/>\nqui para\u00eetront dor\u00e9navant dans les prochains num\u00e9ros<br \/>\nseront accessibles dans la biblioth\u00e8que virtuelle et<br \/>\nles membres pourront les consulter par cat\u00e9gorie de<br \/>\nsujets, auteur, num\u00e9ro et(ou) mots cl\u00e9s. La biblioth\u00e8que<br \/>\nen ligne sera accessible aux membres sur le site Web<br \/>\nde l\u2019ICE, sera conviviale et contiendra des instructions<br \/>\net des indications pour guider les membres dans leurs<br \/>\nrecherches. \u00c0 mesure que la biblioth\u00e8que prendra<br \/>\nde l\u2019expansion avec le temps, elle deviendra un outil<br \/>\ninestimable qui contribuera \u00e0 accro\u00eetre la base de<br \/>\nconnaissances des membres. <\/p>\n<p>For details,<br \/>\nplease visit  <\/p>\n<p>the AIC website at<br \/>\nwww.AICanada.ca.<\/p>\n<p>Pour plus d\u2019information,<br \/>\nveuillez consulter le site<br \/>\nWeb de l\u2019ICE \u00e0 l\u2019adresse<br \/>\nwww.ICECanada.ca.<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201460 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>http:\/\/www.AICanada.ca<br \/>\nhttp:\/\/www.ICECanada.ca<\/p>\n<p>NEWS\/NOUVELLES<\/p>\n<p>This year AIC congratulates 63<br \/>\nPost Graduate Certificate in Real<br \/>\nProperty Valuation (PGCV)<br \/>\ngraduates on their achievements.<\/p>\n<p>Since 2003, the Appraisal<br \/>\nInstitute of Canada (AIC), with its<br \/>\neducation partner, the Real Estate<br \/>\nDivision, Sauder School of Business,<br \/>\nUniversity of British Columbia,<br \/>\nhas offered the PGCV leading<br \/>\nto AIC\u2019s AACI designation.<\/p>\n<p>This program presents a unique<br \/>\nopportunity for graduates who hold<br \/>\na business degree, or a degree with<br \/>\na business focus from a Canadian<br \/>\nuniversity to earn a prestigious<br \/>\npost-graduate certificate in real<br \/>\nproperty valuation, while fulfilling<br \/>\nthe educational requirements<br \/>\nfor designation by AIC.<\/p>\n<p>For more information on admission<br \/>\nand requirements for the UBC\/<br \/>\nAIC post-graduate certificate in Real<br \/>\nProperty Valuation, visit AIC\u2019s website. <\/p>\n<p>Cette ann\u00e9e, l\u2019ICE f\u00e9licite 63 dipl\u00f4m\u00e9s<br \/>\npour leurs r\u00e9alisations p\u00e9dagogiques.<\/p>\n<p>Depuis 2003, l\u2019Institut canadien des<br \/>\n\u00e9valuateurs (ICE), en collaboration avec<br \/>\nson partenaire en \u00e9ducation, la Division<br \/>\nde l\u2019 immobilier de l\u2019\u00c9cole d\u2019 \u00e9tudes<br \/>\ncommerciales Sauder de l\u2019Universit\u00e9 de la<br \/>\nColombie-Britannique, offre le Certificat<br \/>\nd\u2019 \u00e9tudes sup\u00e9rieures de l\u2019U.C.-B. en<br \/>\n\u00e9valuation immobili\u00e8re (CESEI) menant<br \/>\nau titre AACI de l\u2019ICE. <\/p>\n<p>Ce programme offre aux \u00e9tudiants<br \/>\nqui d\u00e9tiennent un dipl\u00f4me en commerce<br \/>\nou un dipl\u00f4me avec concentration dans<br \/>\nun domaine connexe d\u2019une universit\u00e9<br \/>\ncanadienne, l\u2019occasion unique d\u2019obtenir<br \/>\nun prestigieux certificat d\u2019 \u00e9tudes<br \/>\nsup\u00e9rieures en \u00e9valuation immobili\u00e8re,<br \/>\ntout en r\u00e9pondant aux exigences<br \/>\np\u00e9dagogiques menant aux titres que<br \/>\nd\u00e9cerne l\u2019ICE. <\/p>\n<p>Pour plus d\u2019 information sur<br \/>\nl\u2019admissibilit\u00e9 et les exigences li\u00e9es<br \/>\nau certificat d\u2019 \u00e9tudes sup\u00e9rieures en<br \/>\n\u00e9valuation immobili\u00e8re de l\u2019ICE\/U.C.-B.,<br \/>\nveuillez consulter le site Web de l\u2019ICE.<\/p>\n<p>PGCV GRADS \/ DIPL\u00d4M\u00c9S DU CESEI<\/p>\n<p>Stephanie Bird<br \/>\nTroy MacLean<br \/>\nMandeep Singh Mann<br \/>\nJenika McLean<br \/>\nMark C. Flick<br \/>\nDaryn Hobal<br \/>\nMark Verok<br \/>\nEvelyn Tian<br \/>\nClayton A. Olson<br \/>\nMike J. Warr<br \/>\nRob Preteau<br \/>\nTyler N. Fedun<br \/>\nGeorge Kyriazopoulos<br \/>\nLaura Pugh<br \/>\nJessica Lewis<br \/>\nGarnett Macdowall<br \/>\nBo Lott<br \/>\nMatthew McWatters<br \/>\nCaden Chalack<br \/>\nKatie Manojlovich<br \/>\nCathy Lau<br \/>\nBob Gordon<\/p>\n<p>Lee Knull<br \/>\nJohnson Kam<br \/>\nKeith MacLean-Talbot<br \/>\nYean Khiong Siau<br \/>\nMorgan Nakaska<br \/>\nJeffrey Lynch<br \/>\nDoug Main<br \/>\nCan Brinkhurst<br \/>\nLillian Lai<br \/>\nAlim Nizar Somji<br \/>\nArnold L. Joe<br \/>\nGeorge B. Dlugosh<br \/>\nMuhammad A Naseem<br \/>\nRandy Ramadhin<br \/>\nVicky Durepos Landry<br \/>\nTyler Hansen<br \/>\nMichael Zhang Olivella<br \/>\nPeter Figures<br \/>\nAdam Ostrowski<br \/>\nVince O&rsquo;Dwyer<br \/>\nMagdalena Irzyk<br \/>\nJoanna Masters<\/p>\n<p>Robin Simon<br \/>\nAgnes Peekhaus-Hargitai<br \/>\nJosiane Leduc<br \/>\nNathan  Hines<br \/>\nQuang Khong<br \/>\nPeter Murray<br \/>\nSharon K. Lalli<br \/>\nKeenan Hopson<br \/>\nLorraine P. Kwan<br \/>\nGina Li<br \/>\nGrant Chernenkoff<br \/>\nTerry Yee<br \/>\nPhilip Chau<br \/>\nMichael McFarlane<br \/>\nGrant Chemenkoff<br \/>\nVictor Mattu<br \/>\nMichael Lee<br \/>\nRonald J. Moore<br \/>\nTheodore Chuang<\/p>\n<p>Volume 58 | Book 1 \/ Tome 1 | 2014  |  \u00c9valuation Immobili\u00e8re au Canada  |  Canadian Property Valuation 61Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>www.notarius.com\/AIC<br \/>\nmailto:sales@notarius.com<\/p>\n<p>DESIGNATIONS CANDIDATES STUDENTS \/ D\u00c9SIGNATIONS STAGIAIRES \u00c9TUDIANTS<\/p>\n<p>The Appraisal Institute of Canada (AIC), together with the provincial associations and the provincial bodies affiliated with the AIC, commend the following<br \/>\nmembers who completed the rigorous requirements for accreditation as a Designated Member of the AIC during the period October 17, 2013 to February 7, 2014:<\/p>\n<p>L\u2019Institut canadien des \u00e9valuateurs (ICE), en collaboration avec les associations provinciales et les organismes provinciaux affili\u00e9s \u00e0 l\u2019ICE, f\u00e9licitent les membres suivants qui ont<br \/>\ncompl\u00e9t\u00e9 le programme rigoureux d\u2019accr\u00e9ditation \u00e0 titre de membre d\u00e9sign\u00e9 de l\u2019ICE durant la p\u00e9riode du 17 octobre, 2013 au 7 fevrier, 2014 :<\/p>\n<p>AIC DESIGNATIONS GRANTED \/ D\u00c9SIGNATIONS OBTENUES DE L\u2019ICE<\/p>\n<p>STUDENTS \/ \u00c9TUDIANTS<br \/>\nThis category of membership serves as the first step on the path to designation for those completing their requirements for Candidate membership.<br \/>\nStudents considering the appraisal profession as a career option are also welcomed to this category of membership.<\/p>\n<p>Cette cat\u00e9gorie de membre constitue la premi\u00e8re \u00e9tape sur la voie de la d\u00e9signation pour ceux qui s\u2019affairent \u00e0 compl\u00e9ter les exigences de la cat\u00e9gorie de membre<br \/>\nstagiaire. Les \u00e9tudiants qui contemplent une carri\u00e8re comme \u00e9valuateur professionnel sont bienvenus \u00e0 joindre cette cat\u00e9gorie de membre.<\/p>\n<p>ALBERTA<br \/>\nKelly M. Amestica<br \/>\nTerrance Kong<br \/>\nKristopher Riddell<br \/>\nJohn P. Simpson<br \/>\nJeremy Wasmuth<\/p>\n<p>BRITISH COLUMBIA\/<br \/>\nCOLUMBIE-BRITANNIQUE<br \/>\nJustin James Allin<br \/>\nBrian Gay<\/p>\n<p>AACI, P.APP Accredited ApprAiser cAnAdiAn institute<\/p>\n<p>Robert J. Herriot<br \/>\nRob Norton<br \/>\nJaclyn B. O&rsquo;Neill<br \/>\nKatie Snell<br \/>\nThomas D. Trowbridge<\/p>\n<p>NOVA SCOTIA\/<br \/>\nNOUVELLE \u00c9COSSE<br \/>\nAndrew J. Clarke<br \/>\nMark C. Flick<\/p>\n<p>CRA cAnAdiAn residentiAl ApprAiser<\/p>\n<p>BRITISH COLUMBIA\/<br \/>\nCOLUMBIE-BRITANNIQUE<br \/>\nClayton M. Baerg<br \/>\nLindsey Black<br \/>\nBenjamin Lowther<br \/>\nBruce Storry<br \/>\nMatthew Walsh<\/p>\n<p>CANDIDATES \/ STAGIAIRES<\/p>\n<p>AIC welcomed the following new Candidate members during the period October 17, 2013 to February 7, 2014:<br \/>\nL\u2019ICE souhaite la bienvenue aux personnes suivantes qui ont joint les rangs des membres stagiaires durant la p\u00e9riode du 17 octobre, 2013 au 7 fevrier, 2014 :<\/p>\n<p>ALBERTA<br \/>\nJohn Anselmo<br \/>\nRyan Dinsdale<br \/>\nBiagio Joseph Galle<br \/>\nJama Guled<br \/>\nMichael B. Letterio<br \/>\nTyler Mcculloch<br \/>\nJ. Mcnabb<br \/>\nJose Ricardo Morales<br \/>\nMorgan Nakaska<br \/>\nNavraj Sandhu<br \/>\nJennifer Tappauf<\/p>\n<p>BRITISH COLUMBIA\/<br \/>\nCOLUMBIE-BRITANNIQUE<br \/>\nGraham Coe<br \/>\nCody Ryan Johanson<br \/>\nAndrew Trevor Jones<br \/>\nKeith Maclean-Talbot<br \/>\nTracy L. Martin<br \/>\nTheodore (Ted) A. Ritchie<br \/>\nAndrew Grant Smith<\/p>\n<p>Lawrence Tang<br \/>\nTerry Yee<\/p>\n<p>MANITOBA<br \/>\nJason J. Brown<br \/>\nKristopher S. Doerksen<br \/>\nNicole Homer<br \/>\nPaul J. McMullan<br \/>\nPatricia Rutledge<\/p>\n<p>NEW BRUNSWICK\/<br \/>\nNOUVEAU-BRUNSWICK<br \/>\nRobert G. Hayes<\/p>\n<p>NEWFOUNDLAND<br \/>\n&#038; LABRADOR\/<br \/>\nTERRE NEUVE<br \/>\nET LABRADOR<br \/>\nAngela V. Barron<br \/>\nAndre J. Cornick<br \/>\nKevin P. Pike<\/p>\n<p>NOVA SCOTIA\/<br \/>\nNOUVELLE \u00c9COSSE<br \/>\nKatie Carpenter<br \/>\nKathy C. Downey<br \/>\nRoderick Tremblay<\/p>\n<p>ONTARIO<br \/>\nBruce Abulu<br \/>\nJonathan Baarda<br \/>\nJason Brimstin<br \/>\nSheila Davidson<br \/>\nAlyssa Edison<br \/>\nNicholas Eli Epworth<br \/>\nAJ Eustace<br \/>\nJeffrey Finch<br \/>\nRobert Frost<br \/>\nBoris Gadassik<br \/>\nAmarpal Gill<br \/>\nStephanie Anne Grieco<br \/>\nRichard Griesbaum<br \/>\nHelen Hegedus<br \/>\nVanessa Improta<\/p>\n<p>Daejung Winston Kim<br \/>\nJean Koo<br \/>\nDoug Hyun Kwak<br \/>\nDanielle Lapp<br \/>\nCraig Leslie<br \/>\nLily Ma<br \/>\nJacob MacDonald<br \/>\nGarret MacGillivray<br \/>\nBradley Mailloux<br \/>\nRoman Makienko<br \/>\nChristopher J. Mason<br \/>\nGiovanni Melchiorre<br \/>\nVy Ngo<br \/>\nMeg Noble<br \/>\nKaren Catherine  <\/p>\n<p>Nunnenmacher<br \/>\nMike A. Olivo-Moore<br \/>\nSteven Pereira<br \/>\nMudasser Piracha<br \/>\nBrian Prashad<br \/>\nAna Regalado<br \/>\nJordan Russell<\/p>\n<p>Chantal Sansoucy<br \/>\nRobert Sher<br \/>\nJennifer Skinn<br \/>\nMarc Smith<br \/>\nSangjun Sohn<br \/>\nRobert Solnick<br \/>\nEktor Stroutzas<br \/>\nEric Sutton<br \/>\nChristopher Tsiakos<br \/>\nLee Tsialtas<br \/>\nKevin A. Ustianowski<br \/>\nRachel Melody Wong<br \/>\nAdam Yeoman<br \/>\nDale Yungwirth<\/p>\n<p>ALBERTA<br \/>\nJocelyn Lee<\/p>\n<p>BRITISH COLUMBIA\/<br \/>\nCOLUMBIE-BRITANNIQUE<br \/>\nLisa M. Clarke<br \/>\nIrene Lee<br \/>\nAlice Chih-Yun Wang<\/p>\n<p>MANITOBA<br \/>\nCody R. Krentz<\/p>\n<p>ONTARIO<br \/>\nOseye-Patricia C. Dalechuku<br \/>\nDaniel Giampietri<\/p>\n<p>ONTARIO<br \/>\nAruchunan Aravinthan<br \/>\nDavid W. M. Black<br \/>\nColin David Boyne<br \/>\nJohn Gabriel Grillo<br \/>\nJason Henry<br \/>\nJason Lee<br \/>\nValerie Mackett<br \/>\nSean R. McCrorie<br \/>\nBrandon T. Wilcox<\/p>\n<p>ONTARIO<br \/>\nHank J. Alsemgeest<br \/>\nStefan Bololoi<br \/>\nJeffery S. Denby<br \/>\nKimberly A. Dickinson<br \/>\nRyan F. Fletcher<br \/>\nJohnson H. Lau<br \/>\nKelli S. Miller<br \/>\nMaggris Morgan<br \/>\nTramy Nguyen<br \/>\nKevin Chi Wai Yeung<\/p>\n<p>PRINCE EDWARD<br \/>\nISLAND\/\u00ceLE DU<br \/>\nPRINCE \u00c9DOUARD<br \/>\nBradley Kerwin<br \/>\nMichael McQuillan<\/p>\n<p>QUEBEC\/QU\u00c9BEC<br \/>\nGeorge Kyriazopoulos<\/p>\n<p>SASKATCHEWAN<br \/>\nRod Vanjoff<br \/>\nGlen Veikle<\/p>\n<p>Flori Goldfeder<br \/>\nBrian Gordon<br \/>\nMartha Elaine Loewen<br \/>\nJack Ridout<br \/>\nNirmit Srivastava<\/p>\n<p>QUEBEC\/QU\u00c9BEC<br \/>\nMarl\u00e8ne Beaudin-Bates<br \/>\nJean-Pierre Lalande<\/p>\n<p>Canadian Property Valuation  |  \u00c9valuation Immobili\u00e8re au Canada  |  Volume 58 | Book 1 \/ Tome 1 | 201462 Click HERE to return to<br \/>\nTABLE OF CONTENTS<\/p>\n<p>altusgroup.com     groupealtus.com<\/p>\n<p>info@altusgroup.com <\/p>\n<p>416.641.9500<\/p>\n<p>As Canada\u2019s most diverse consultants in the industry,<br \/>\nAltus has unparalleled expertise in:<\/p>\n<p>n Real estate market forecasting and analysis<\/p>\n<p>n Market information and perspective<\/p>\n<p>n Annual property and portfolio valuation<\/p>\n<p>n Financial due diligence<\/p>\n<p>n Legal support (including expert witness)<\/p>\n<p>\u00c0 titre de soci\u00e9t\u00e9-conseil canadienne la plus diversifi\u00e9e<br \/>\nde l\u2019industrie, Altus  poss\u00e8de une expertise in\u00e9gal\u00e9e dans<br \/>\nles domaines suivants :<\/p>\n<p>n Analyse et pr\u00e9visions relatives au march\u00e9 immobilier<\/p>\n<p>n Renseignements et perspectives sur le march\u00e9<\/p>\n<p>n \u00c9valuation annuelle de propri\u00e9t\u00e9s et de portefeuilles<\/p>\n<p>n  V\u00e9rification fonci\u00e8re pr\u00e9alable<\/p>\n<p>n Soutien juridique (notamment t\u00e9moin expert)<\/p>\n<p>Recherche, \u00e9valuation et services-conseils<br \/>\nServices-conseils en imp\u00f4t foncier<br \/>\nConsultation en analyse des co\u00fbts et gestion de projets<br \/>\nG\u00e9omatique<br \/>\nARGUS Software<\/p>\n<p>Research, Valuation and Advisory<br \/>\nRealty Tax Consulting<br \/>\nCost Consulting and Project Management<br \/>\nGeomatics<br \/>\nARGUS Software<\/p>\n<p>Market intelligence.<\/p>\n<p>Industry leadership.<\/p>\n<p>National Coverage. <\/p>\n<p>Connaissance approfondie<br \/>\ndu march\u00e9.<\/p>\n<p>Leader de l\u2019industrie. <\/p>\n<p>Port\u00e9e nationale.<\/p>\n<p>altusgroup.com<br \/>\ngroupealtus.com<br \/>\nmailto:nationale.info@altusgroup.com<\/p>\n<p>www.cbre.caCBRE Limited, Real Estate Brokerage<\/p>\n<p>Over the past year, CBRE Valuation and Advisory Services <\/p>\n<p>has made numerous senior staff additions, attracting some of <\/p>\n<p>the best valuation talent in the country. We remain committed <\/p>\n<p>to providing the Canadian real estate industry with a unique <\/p>\n<p>national offering: independent valuation services <\/p>\n<p>informed by CBRE\u2019s best in class research and market <\/p>\n<p>data coupled with industry leading expertise and a <\/p>\n<p>commitment to the highest level of client service. <\/p>\n<p>CBRE Valuation and Advisory Services is continuing to grow  <\/p>\n<p>and is looking for strong professionals across Canada. For <\/p>\n<p>more information regarding career opportunities at CBRE, <\/p>\n<p>please contact Paul Morassutti.<\/p>\n<p>Paul Morassutti, AACI, P.App<br \/>\nExecutive Vice President &#038; Senior Managing Director<br \/>\npaul.morassutti@cbre.com<\/p>\n<p>JOIN OUR TOP TALENT<br \/>\nCBRE Valuation and Advisory Services<\/p>\n<p>http:\/\/www.cbre.ca<br \/>\nmailto:paul.morassutti@cbre.com<\/p>\n","protected":false},"featured_media":14104,"menu_order":25,"template":"","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":""},"class_list":["post-30015","issue","type-issue","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.aicanada.ca\/fr\/wp-json\/wp\/v2\/issue\/30015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aicanada.ca\/fr\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/www.aicanada.ca\/fr\/wp-json\/wp\/v2\/types\/issue"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.aicanada.ca\/fr\/wp-json\/wp\/v2\/media\/14104"}],"wp:attachment":[{"href":"https:\/\/www.aicanada.ca\/fr\/wp-json\/wp\/v2\/media?parent=30015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}