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Canada Lands Company stewards growing development land bank
Canada Lands Co. stewards growing development land bank
As Canada Lands Company marks its 30th year, the Crown corporation is as busy as it has ever been, shepherding land sale and development initiatives planned to lead to tens of thousands of new homes on excess federal property.
Metrolinx ordered to pay $88M for expropriated T.O. property
Metrolinx will have to pay tens of millions more than it originally expected to expropriate a property for an Ontario Line station. A decision from the Ontario Land Tribunal means Metrolinx will now pay nearly $88 million.
Brookfield names Baron CEO of RE group amid shakeup
Brookfield Asset Management (BAM-T) tapped 20-year veteran Lowell Baron as the new chief executive officer of its real estate business, as one of the world’s biggest property owners reshuffles the leadership of that unit.
 | The People Space CDPQ exec PM's new chief of staff: Crown's Miller to retireDon WilcoxManaging Editor, RENX |
Undervaluation of Vancouver sites costing millions in taxes
Retired architect Michael Geller launched a third-party appeal against the valuation of a Dunsmuir Street site which nearly tripled its valuation to $18.9 million. Observers of the real estate sector say the undervaluing was far from unique.
Longueuil, Brossard reveal redesign of Taschereau Boulevard
A major thoroughfare on Montreal’s South Shore could be about to undergo a significant transformation. The cities of Longueuil and Brossard jointly released their preliminary vision for a revitalized Taschereau Boulevard - lined with new neighbourhoods, shops and office space.
 | First National Financial LP Hazelview and First National secure major CMHC loanHazelview Investments, with financing from First National Financial LP, has secured one of the largest CMHC-insured loans under the MLI Select program to develop 856 purpose-built rental homes at Bloor Street West and Dufferin Avenue in Toronto's West End. Sponsored by: First National Financial LP |
Toronto’s Waterfront BIA sees wave of retail growth
The Toronto Waterfront is rapidly transforming into one of the city’s most dynamic growth corridors, presenting substantial new opportunities for retailers, restaurateurs and service businesses. The population along Queens Quay has grown from 10,000 in 2010 to 30,000 today.
'Clear path': Momentum builds for Couche-Tard's 7-Eleven bid
In an update on its US$51.3B bid to take over 7-Eleven stores, Alimentation Couche-Tard said several potential buyers have made proposals to acquire the two companies’ overlapping convenience stores in the U.S. - a divestiture of 2,000 stores.
Reitmans shareholder group calls for board changes
A group of Reitmans Ltd. (RET-X) shareholders have released their second letter in two months urging the apparel retailer to address its stagnating value, saying they want to replace two board directors and end the company’s dual-class share structure.
10 more Beer Store locations to close by August
About a year after Ontario Premier Doug Ford announced the province would expand the sale of alcoholic beverages in corner and grocery stores, The Beer Store has announced it will close 10 more retail locations effective Aug. 10.
A new gourmet space coming soon to Fleur de Lys
The Trudel group is inviting restaurateurs to join its new "Urban Food Space," scheduled to open by 2026 in the Fleur de Lys residential and commercial development. The 60,000-square-foot space will be able to accommodate around 15 restaurants.
Prefab efforts already underway in British Columbia
As the federal government plans to provide billions in financing for prefabricated homebuilders, some say British Columbia is ahead of the curve. In B.C., significant prefab efforts are already being made by government and industry.
GWLRA breaks ground on 27-storey tower in Calgary
When the former Sony store land on 4th Street S.W. between 13th and 14th Avenues was put up for sale in 2018, it was snapped up by GWL Realty Advisors on behalf of its client, Canada Life Assurance Co.
CDPQ looks to trim U.S. assets; CEO worries about stagflation
The Caisse de Dépôt et Placement du Québec CEO says it’s time to scale back on U.S. investments. Half of its stock portfolio and 46 per cent of its real estate was in the U.S. at the end of 2024.
Real estate podcasts
Trevor Blakely, Forgestone Capital: Thriving in a tougher RE market, CRE Podcast
Alan Haigh, Impact Commercial: Lending trends and investment insights, VCREP
Vancouver real estate update: Sales collapse, Vancouver Life
Nuveen draws CPP Investments to Australia property credit
Nuveen LLC has raised US$196 million from Canada Pension Plan Investments for its flagship commercial property debt fund in Australia, according to a statement Thursday, as investors seek to ride out volatility in the region.
Quebec-based Davie Shipbuilding to buy Texas shipyards
Davie Shipbuilding announced on Wednesday it plans to purchase shipyards in the Texas cities of Galveston and Port Arthur from Gulf Copper and Manufacturing Corp. Davie intends to invest up to US$1B to expand and upgrade the facilities.
GM to invest $4B in 3 U.S. facilities as it ramps up gas-powered vehicles
General Motors said on Tuesday it is planning to invest about US$4B over the next two years at three U.S. facilities in Michigan, Kansas and Tennessee as it moves to boost production of gas-powered vehicles.
Construction slowdown points to rent rebound for residential REITS
U.S. residential REITs own over 1 million residential units, including 8,300 student apartments and 370,000 manufactured homes, as well over 200,000 single family homes. As construction of new units slows, rents are expected to rebound.
Industry Events
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Montréal Real Estate Forum
Jun 17 2025
to Jun 18 2025
Palais des congrès de Montréal
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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Canadian Apartment Investment Conference
Sep 11 2025
Metro Toronto Convention Centre
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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Ottawa Real Estate Forum
Oct 09 2025
Rogers Centre, Ottawa
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