By Kim Maber, B.Comm, AACI, P. App, Chair, Investigating Sub-Committee The concept of ‘competency’ is becoming commonplace across numerous industries and professions. Viewed on a spectrum, a greater (or lesser) level of competence results in higher (or lower) quality of...
By John Shevchuk, Barrister & Solicitor, C.Arb, AACI(Hon.) In my last article, I raised the question whether an expropriating authority should be able to deduct costs to remediate contamination on expropriated property. One might respond rather quickly by saying, if...
By Tony Sevelka, MAI, SREA, FRICS, AACI, P.App., AI-GRS Appraisals are prepared for a host of reasons, but, in every instance, an appraisal is intended to support a decision-making process that involves the appraised property. A party commissioning an appraisal...
By Debbra D. Holt, AACI, P. APP  In 2001, Canada was the second country in the world to recognize the medicinal benefits of cannabis and to implement a government run program for medical cannabis access. The legislation has evolved since...
With the recent implementation of cannabis legalization in Canada, Appraisal Institute of Canada (AIC) Members must be aware of their obligations and responsibilities under the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP) and the Personal Information Protection and...
LEGAL MATTERS By John Shevchuk, Barrister & Solicitor, C.Arb, AACI(Hon.) When a person has his or her property interests expropriated, should the expropriating party be able to deduct actual or estimated costs to remediate contamination? American courts have arrived at different...
PROFESSIONAL PRACTICE MATTERS Submitted by the Members of the Professional Practice Committee In response to the ever-changing face of the real property valuation industry, in August 2018, the Appraisal Institute of Canada (AIC) issued a rare mid-cycle change to the Canadian...
What motivated you to choose the appraisal profession? I found out about the appraisal profession while working towards my Bachelor of Commerce degree in Real Estate and Housing at the University of Guelph. Jane Londerville, who launched the real estate...
September 15, 2018 marked the 10-year anniversary of the filing for bankruptcy of Lehman Brothers, an event that many mark as the beginning of the Global Financial Crisis. With that anniversary came the obligatory reporting that we are in...
By JT Dhoot, AACI, P.App, CBV Real property appraisers often value special-use properties, hotels and seniors care facilities, to name a few, on a going-concern basis. The term ‘going-concern’ is not defined in the Canadian Uniform Standards of Professional Practice...