Decarbonizing Canada’s Commercial Buildings
The Owner & Investor Perspective
Released jointly by REALPAC, the Canada Green Building Council® (CAGBC), and the PLACE Centre at the Smart Prosperity Institute, this report highlights the barriers to decarbonizing Canada’s commercial buildings, with ten actionable recommendations to accelerate progress. This collaborative report underscores the critical need for the commercial real estate industry to work together with all levels of government, utilities, the appraisal community, and financial institutions to achieve ambitious climate goals.
REALPAC, CAGBC, and the PLACE Centre urge government leaders, utilities, financial institutions, and industry stakeholders to adopt the recommendations in this report. Achieving meaningful progress will require bold action, including policy changes, investment in clean energy infrastructure, and a shared commitment to a low-carbon future.
