TORONTO—The Federation of Rental-housing Providers of Ontario (FRPO) has announced its Certified Rental Building Program (CRBP) is now a national brand, to be known as the Canadian Certified Rental Building Program (CCRBP).
The program was launched in 2008 by FRPO, with the goal of being North America’s first quality assurance program designed to promote quality for rental housing consumers and professionalism for multi-residential property managers, explained a release.
In 2015, with support of LandlordBC, the CRB program expanded to British Columbia.
Now, given that there is an increasing number of multi-res industry companies adopting ESG (environmental, social and governance) as part of their business plans, the CRBP has expanded to become pan-Canadian.
The certification program presents 54 standards of practice and associated requirements to which all member organizations and buildings must adhere. The requirements now have a well-developed emphasis on ESG. To date, nearly 13 per cent of multi-res industry companies in Canada have adopted a formal ESG strategy.
“Expansion has already begun with Ontario and B.C. property managers/owners whose current members are the first to receive the CRB-approved designation of their properties in Alberta. Over the next 18 months, it is expected that CRB will help build a national network of professional multi-residential property managers whose focus will go far beyond financial measures to incorporate factors measuring the sustainability and ethical impacts of their investment,” stated Ted Whitehead, CCRBP director of certification, in a statement.
“All CRB organizations and their associated buildings must not only meet but must be able to demonstrate compliance with these concrete requirements through an independent third-party audit process.”