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Montreal developers plan housing for homeless – at sub-$400 per sq. ft.
Developers plan housing for homeless – at sub-$400/sq. ft.
Construction should begin by October on the first 400 housing units three of Montreal’s largest developers have committed to help build in a bid to provide housing for 2,500 homeless people. The cost? Less than $400 per sq. ft.
 | Design, Policy and Canadian Cities Right-sizing rights-of-way: It’s time to question street width standardsNaama BlonderArchitect, Urban Designer, Urban Planner | B.Arch, OAA, RPP, MCIP |
As condo market swoons, private equity is circling
A wildcard in the ever-deteriorating condo market could be private equity groups, which are eying inventory in Toronto and Vancouver, hoping to profit from a turnaround the way corporate buyers did in the U.S. during the 2007-2010 U.S. subprime crisis.
Supreme Court ends battle over Parker lands development
Canada's highest court has declined to review a ruling that sided with the City of Winnipeg against a developer looking to build 1,900 residential units in Fort Garry's Parker lands.
Via its Artis acquisition, RFA gets big stake in Dream Office
RFA Capital beneficially owns or controls a 20.8 per cent stake in Dream Office REIT (D-UN-T) following its merger with Artis REIT this week. Through the former Artis and its actors, RFA beneficially owns or controls 3,951,466 Dream units.
Data centre specialist QScale is considering selling
Amid the surge in artificial intelligence, QScale, one of the few Quebec-based companies to have carved out a niche in the data centre sector, is considering a sale, La Presse has confirmed. American banks, in particular, are eyeing the company.
Federal workers back to office four days starting in July
Prime Minister Mark Carney is ordering federal public servants to in-office work four days a week starting July 6. The Treasury Board’s return-to-office plan falls short of Premier Doug Ford’s all-in-approach for Ontario public servants – for now.
CRE market growing in T.O. for the first time since 2019
Toronto’s CRE market is in a state of sustained growth for the first time since the pandemic, according to two new reports. Data collected by Avison Young shows more office space was leased than vacated last year.
Audit: Unclear if Vancouver maximized value on land sales
An audit of the City of Vancouver’s land sales and exchanges asserts that the municipal government cannot demonstrate it consistently maximized value for taxpayers in some of its most significant real estate transactions over the past decade.
Build Canada Homes RFI seeks housing innovators
Build Canada Homes wants to hear from construction companies pioneering innovative ways of rapidly building affordable housing. The Crown agency announced a request for information to engage firms specializing in modern methods of construction such as modular, panelized and prefabricated.
Arrowleaf tunes its portfolio to pursue long-term growth
To better manage the real estate associated with the growth of Kal Tire, Arrowleaf Real Estate Holdings was formed in 2022 to hold properties across Canada. The portfolio now totals 2.1M square feet of multifamily, industrial, retail and office space.
JDass Corp. acquires former GTA Highland Farms property
A massive new grocery store has been announced and will open soon in Mississauga. The former home of Highland Farms, a long-standing grocery store in the heart of the city, has been acquired by JDass Corp.
Delta's newest hotel already to expand
Delta council recently gave an enthusiastic thumbs-up to a zoning amendment to allow the Delta Hotels by Marriott – Vancouver to expand. The application sought to expand the existing hotel, which is connected to the Cascades Casino Delta, to create 69 additional rooms.
Port Moody council slows Anthem's 26-storey tower project
Port Moody council has put the brakes on fast-tracking a major high-density rental project in Moody Centre, rejecting staff’s recommendation to approve all three readings of a rezoning bylaw in one night.
'Flexibility' clause unlocked industrial land for residential
OPINION: A 40-foot-deep excavation in Vancouver’s Mount Pleasant neighbourhood was the focus of numerous recent city council meetings. They culminated with the controversial approval in principle for a 25-storey, mostly residential, tower on industrial land.
Moncton moves forward with plan for Vision Lands
Moncton city council has voted to move forward with a secondary plan for the Vision Lands development, which could eventually have more than 14,000 housing units, from single-family homes to 18-storey apartment buildings, as well as recreational and commercial properties.
La Caisse seeks to sell $1.5 billion of Chinese PE assets
Canadian pension manager Caisse de Depot et Placement du Quebec is looking to trim its China private equity exposure by selling fund stakes, according to people familiar with the matter.
Amazon projects 50% increase in capital spending for 2026
Amazon on Thursday projected a surge of more than 50 per cent in capital expenditures this year, joining its peers in a spending spree to build out AI infrastructure, and sending its shares down nine per cent in after-hours trading.
GBT Realty to invest $1.3B in retail development, acquisitions
Tennessee-based GBT Realty Corp. plans to deploy US$1.3B to develop build-to-suit retail properties and acquire shopping centres over the next year and a half. The company, which has $1B of assets under management, announced the plan Wednesday.
Milan builds an Olympic village with a long-term plan
The Olympics have often given rise to showy landmark complexes for athletes rather than practical long-term uses. Milan’s new 1,700-bed complex, by contrast, was designed to meet a discrete need after the games: addressing the city’s shortage of student housing.
Industry Events
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MIPIM - The Global Urban Festival
Mar 09 2026
to Mar 13 2026
Palais des Festivals, Cannes, France -
Vancouver Real Estate Forum
Mar 31 2026
to Apr 01 2026
Vancouver Convention Centre West -
Montréal Real Estate Forum
Apr 14 2026
to Apr 15 2026
Palais des congrès de Montréal -
BOMA 2026 CRE Symposium
May 07 2026
Dieppe, NB -
Western Canada Apartment Investment Conference
May 12 2026
Edmonton Convention Centre
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