Recent Articles
IG Wealth Management to relocate Winnipeg HQ, sell Portage Avenue building
IG Wealth Management to relocate Winnipeg headquarters
IG Wealth Management is moving its Winnipeg headquarters to the heart of downtown in a major private-sector relocation that will bring over 1,000 employees to Portage Ave. and Main St., providing a significant boost to the city's downtown business district.
Investors snap up bulk condo deals in Montreal
Is downtown Montreal, where the number of unsold condos is reaching record highs, about to become prey to vulture funds? That's what two major transactions suggest, with hundreds of condos being bought up at rock-bottom prices this summer.
Proposed $100M logistics hub could give N.S. a boost
Plans call for a roughly 800-hectare development, more than four kilometres of rail track and rail sidings extending more than three kilometres, with cranes and warehouse infrastructure allowing containers to be sorted, transferred and distributed inland.
SEKISUI to open modular housing factory in Burlington
SEKISUI Canada Modular Solutions Inc. (SEKISUI CMS) is readying its modular housing facility in Burlington, Ont., where it aims to help alleviate Canada’s housing shortage section by section. The factory is expected to be fully operational in September.
Sask. restricts data centre projects to Canadian companies
The Saskatchewan government has released a new framework for future AI data centres. The province will allow only Canadian companies to build such centres, and they must provide and produce their own power.
Ottawa office building could be converted to residential
A downtown Ottawa office building could be transformed into a residential building with 107 units. Metcalfe Realty Company has filed a Site Plan Control application with the City of Ottawa to convert the 16-storey building at 85 Albert St.
46-storey rental kicks off three-tower plan in Thornhill
Times Group Corporation has submitted Official Plan and Zoning By-law Amendment applications for the first phase of a three-tower plan in Markham’s Thornhill area. The broader plan calls for additional towers of 60 and 65 storeys steps from Steeles station.
26-storey infill tower proposed near Port Credit GO
An infill proposal seeks to add a 26-storey purpose-built rental tower behind two existing apartment buildings in Mississauga’s Port Credit neighbourhood. Planned by Canahahns Company Limited, the development at 26 Park St. E. would replace surface parking.
Château Montebello sale contested over Fairmont contract
The Fairmont Hotels management contract – and fears of lawsuits should it be cancelled – are at the heart of a dispute aimed at preventing the sale of the Château Montebello to Toronto-based Westmont Properties.
JD Sports opens downtown Montreal flagship
The Montreal flagship arrives amid a rapid expansion of JD Sports’ Canadian store network, with the retailer adding locations across several provinces while investing in larger stores in some of Canada’s biggest urban markets.
Jersey Mike’s to open 24 Canadian locations this year
Redberry Restaurants plans to open 24 Jersey Mike’s restaurants across Canada this year as the sandwich chain continues its rapid expansion. Ken Otto, CEO of Redberry Restaurants, said the company plans to open another 25 locations in 2027.
Retailer SSENSE shifts operations to U.S. amid tariffs
Montreal-based SSENSE emerged from a restructuring under the Companies' Creditors Arrangement Act earlier this year. Now, the company is seeking to reduce the burden of U.S. tariffs by relocating a significant portion of its operations to the U.S. next year.
Canada can weather latest U.S. tariffs: economists
Canada’s top economists told the country’s finance minister that the damage from the spiralling trade war with the U.S. should be manageable, potentially bolstering Ottawa’s case for walking away from the talks.
A new living room (and bar) in the new Mirvish Village
Walking into Book Bar feels like coming home. The business occupies two of the Victorian houses of the former Artist’s Colony – one of them home of David Mirvish Art Gallery – that were saved and restored as part of the development.
Fort Worth approves plan for $10B data centre campus
After months of delays, Fort Worth, Tex. will allow a US$10B data centre campus to move forward. The Fort Worth City Council approved a revised site plan for the just over one-million-sq.-ft. project from Black Mountain.
EQT Real Estate sells 10M-sq.-ft. logistics portfolio
Global investment firm EQT Real Estate has sold off a large industrial portfolio. The global investment firm sold a 10-million-sq.-ft. logistics portfolio spanning 46 buildings in the Carolinas, Georgia, Florida and Alabama. The buyer was California-based LBA Realty.
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