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National

First Capital founder escalates dispute with REIT's management

Don Wilcox Commercial REITs National Nov. 11 2022

The founder of First Capital REIT has joined investor Ewing Morris and Co. in publicly criticizing the trust’s leadership, and in an open letter Dori Segal calls for the resignations or removals of its current CEO and board chair.

CRE bears brunt of property tax burden: Canada-wide update

Steve McLean Commercial Government National Nov. 9 2022

Seven out of the 11 major Canadian cities surveyed by Altus Group have a commercial tax rate more than double the residential tax rate, according to the 2022 Canadian Property Tax Rate Benchmark Report.

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