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Imagine having $50 billion dollars over 5 years to make Canada a more sustainable country. That’s what the Task Force for a Resilient Recovery is asking the government for with the goal to get Canadians back to work while also building a low-carbon economy.[i] One of the primary recommendations includes retrofitting Canada’s buildings, estimated to … Continued

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Energy efficiency and cost savings are often top of mind for property managers, especially in summer when high temperatures drive tenants to more frequently adjust thermostats in order to stay cool and comfortable in their suites.  Building-wide thermostat fluctuations can significantly impact your property’s energy efficiency. If you want to improve energy use during summer … Continued

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Hot and cold water are at the top of the food chain when it comes to a homeowner’s hierarchy of needs. Of course, we need cold water for a host of day-to-day household operations like flushing toilets but hot water tends to be the real hero, so much so that tenants quickly take note of … Continued

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Maintaining profitability and tenant satisfaction throughout the pandemic will require help from readily available property management technologies. Hospitals, healthcare and physical distancing. Storefront retail and access to essential goods. Unemployment and household finances. COVID-19 has had an immediate and upending effect on our personal and professional lives. But what else should we be thinking about? … Continued

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After the long, hard, cold hours of winter, Canadians relish the days when summer officially arrives. We tend to love everything about the season; accessing parks, convening with friends for summer libation and soaking up the heat almost of us desperately crave. What we don’t love so much is the humid, sweltering heat and urban … Continued

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While 6.8 million Canadians are currently working from home, employers and staff are starting to better understand how much a physical workplace plays a role in cultivating employee culture and wellness.  Offices in commercial spaces are uniquely designed to encourage staff interaction and collaboration. In fact, office space design has the potential to significantly impact … Continued

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We first acknowledged climate change in the mid-to-late 1980s and since then politicians, governments, and other environmental champions have tried to identify the best ways to articulate the impact of this issue. Positively communicating about the climate can offer valuable information to and increased understanding among those new to the topic and continue to engage … Continued

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Our home. Our abode. Our sanctuary. Wherever you call home, it should be a clean and healthy place to recharge for your own health and wellbeing.  Considering we spend 90% of our time at home, our priority should be making sure the quality of our indoor living environment is the best it can be for … Continued

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If you looked at the anatomy of a building, and located the heating, cooling, ventilation and air conditioning (HVAC) system, it would compare to that of human lungs. A network of channels wove throughout a building that delivers freshly ventilated air for you to breathe. Understanding our bodies to make sure they are running well … Continued

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In response to the priorities and demands of eco-conscious utility consumers, energy management platforms (EMP) have boomed in the energy conservation marketplace. EMPs are a reliable, dynamic and a data-driven solution that minimizes energy use and reduce building operational costs up to 30-40 per cent annually. If you’re interested in working with an energy management … Continued

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Minto Apartments has partnered with Parity and installed an AI system for the building automation system at Minto Yorkville (downtown Toronto) as part of an ongoing pilot project! The AI system will “learn” how the Minto Yorkville building operates to make the systems much more energy efficient. The system will also use the weather forecast … Continued

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In the fight against climate change, mega-cities like New York are stepping it up to reduce their carbon emissions.  In April 2019, New York City council passed new legislation that requires all buildings over 25,000 square feet to cap the amount of carbon they release every year; buildings that don’t maintain or meet the carbon … Continued

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We’re pleased to announce that Green Tech Media (a Wood Mackenzie Business) has named Parity one of 6 “Cleantech Startups to Watch”. The following is the take by analyst Fei Wang: ” “Building energy management system vendors have traditionally focused on the cost-saving potential of their products and services. More recently, an additional selling point … Continued

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Imagine a Canada where every new building is completely carbon neutral, and our impact on the climate is cut by 25 per cent. The Canadian government aims to be carbon neutral by 2025, but it is unlikely the plan to get us there is realistic. Click here to read the full letter to the editor … Continued

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Nearly everything that we do is inside of a building. Whether it’s going to work, living at home, shopping or eating at a restaurant, the expectation is that the buildings we live and work in are safe and built with high standards. Click here for the full article

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Parity reports record sales growth of 280% in 2019 as North American demand increases for proven sustainability solutions TORONTO, Canada (January 13, 2020)— As a North American leader in artificial intelligence (AI) based, HVAC and building automation software for condos, 2019 was an impressive year for Parity Inc. The company had strong gains not only … Continued

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We are pleased to announce that Parity has been named a New York State Energy Research and Development Authority (NYSERDA) Qualified Vendor for the Real-Time Energy Management (RTEM) Program. NYSERDA offers a 30% cost-share incentive for building owners to deploy energy management solutions such as Parity’s platform. The RTEM NYSERDA program helps support implementation and … Continued

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We are pleased to announce that our CEO and Co-founder Brad Pilgrim has been recognized as a 2020 Clean50 honouree. The award recognizes Brad’s leadership re-imagining how smart technology can successfully support energy management and conservation in buildings. Canada’s Clean50 Awards are announced annually by Delta Management Group and the Clean50 organization to recognize those … Continued

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Investment supports ongoing expansion of Canadian proptech company’s energy management platform across North America We are pleased to announce the company has received $1.25 million in venture debt from Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors. The investment will help accelerate our planned expansion into the US … Continued

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Energy veterans add sector bench strength, additional thought leadership to growing Canadian proptech offering Ron Seftel (former CEO, CFO Bullfrog Power) joins Parity as Chief Financial Officer Mike Mulqueen (former Lead, CDM Business Development,…

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Macdonald cites exceptional technology, outstanding team and opportunity to scale across North America as strengths of growing Canadian proptech company We are pleased to announce the appointment of energy veteran John Macdonald as the company’s Chair of the Board. Mr. Macdonald joins our efforts to make urban living more sustainable. Among his many accomplishments, Mr. Macdonald was the first … Continued

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We are pleased to announce that we have closed a Series A investment with ArcTern Ventures, a leading North American cleantech venture fund. The $5 million round, the first deal for ArcTern’s Fund II, will be used to fund Parity’s expansion into the US market. Parity’s proprietary control algorithms enable substantive energy savings across the built environment, … Continued

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