Re tax Form T1135, if I acquired US property before I moved to CA and still own it but it generates no income, do I need to report this on that form?

T1135 Foreign Income Verification Statement must be filed by Canadian resident individuals that, at any time during the year, own specified foreign property costing more than $100,000, regardless of when it was bought. 

This CRA webpage has more information on what type of property is considered "specified foreign property": Foreign Income Verification Statement