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Recent Articles
PROREIT acquiring industrial portfolios in Quebec City and Winnipeg
PROREIT acquiring two industrial portfolios for $136.8M
While confidentiality agreements preclude the release of full details, PROREIT (PRV-UN-T) has entered into separate binding agreements to acquire a 100-per-cent interest in two industrial portfolios in Quebec City and Winnipeg for approximately $136.8 million, excluding closing costs.
141 Bay St. completes CIBC SQUARE mega office complex
The largest Toronto office project of the last decade has been realized with architects WilkinsonEyre announcing yesterday the second phase of the mega CIBC SQUARE masterplan is complete.
MEC owner acquires McAllister Place Mall in Saint John
One of Atlantic Canada’s largest shopping centres has changed hands as Smart Investment Ltd., led by Mountain Equipment Company (MEC) owner Tim Gu, has acquired McAllister Place in Saint John, New Brunswick, for $64 million.
Mississauga moves to pre-zone 35 MTSAs
The City of Mississauga approved a plan to pre-zone 35 major transit station areas (MTSA) in locations that are expected to accommodate the most residential growth. Over time, the new development could support approximately 227,000 residents and 47,000 jobs.
Supersized data centres are coming to Canada
A new federal government AI strategy comes at a time when Canada is confronting a wave of new high-powered data centres, while public sentiment could be souring on the technology. Data centres have long been under-the-radar for many Canadians.
Background on Slate's proposed AI data centre in Hamilton
Concerns about impacts of artificial intelligence have turned a Hamilton planning meeting into the hottest ticket at city hall. More than 1,200 people have submitted comments to Thursday's Committee of Adjustment hearing. City staff say that might be a record.
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Windmill Development Group CEO eyes dev. pipeline
Windmill Development Group has tapped longtime executive Jeremy Reeds, who has held various senior leadership roles at Windmill, to lead the company as it rolls out an ambitious development pipeline that includes 12 projects and more than 2,000 residential units.
BOF invests $178M in stalled Scarborough res. project
The taxpayer-backed Building Ontario Fund is investing $178-million on a stalled Toronto residential project called Scarborough Junction. The project is near a commuter train station, on about 26 acres of land with a proposed 7,655 housing units.
402-unit Ottawa apartment stalled as concrete shell
A massive residential project at the busy intersection of Baseline Rd. and Clyde Ave. in Ottawa has sat as an incomplete concrete skeleton for nearly three years, the casualty of a major Quebec company’s financial collapse.
Controversial 299-unit apartment project faces setback
A controversial apartment proposal in northeast London has been dealt a blow, with city staff recommending its refusal as hundreds of residents oppose the project. The eight-storey, 299-unit building with 216 parking spaces is proposed by Royal Premier Homes.
Heights increased at two-tower Corktown proposal
Designed by Diamond Schmitt Architects for BRL Realty, the latest proposal in Toronto's Corktown neighbourhood would rise 50 and 54 storeys, replacing a previously circulated concept for 44- and 46-storey towers.
Heritage designation for former CKLW building on dev site
A mid-century modern Windsor waterfront building tied to Motown’s early reach and Canadian broadcasting is moving closer to heritage designation. Despite the pending designation, a developer is advancing plans for a 1,602-unit residential redevelopment that incorporates the building.
Hamilton planner loses job amid developer probe
A senior planning official in the City of Hamilton is now out of the job amid a probe into allegations he collected payments from a developer during his previous role with another municipality.
The Olympic Stadium of tomorrow... if Quebec wants it
Seats much closer to the action. New terraces. A more intimate setting. Brighter, too. This is what the interior of the Olympic Stadium will look like in 2028 – if the Quebec government wants it.
TransAlta to buy power plants from Blackstone for $1B
Calgary-based power producer TransAlta Corp. said on Wednesday it will acquire two natural gas-fired peaking facilities near Denver, Colo., from Blackstone for about US$1-billion to support growing electrical demand partly driven by power-hungry data centres.
AI data centre boom risks breakup of biggest U.S. grid operator
Soaring U.S. power bills are threatening to claim their biggest victim yet — the nation’s largest electric grid operator. Federal officials have suggested breaking up PJM Interconnection LLC, which runs the grid from the Illinois prairie to the Jersey Shore.
REITWeek Special Report: The allure of data centres, health care
During NAREIT’s REIT Week conference, executives get 30 minutes to tell their companies’ stories to the audience. One story is Blackstone Digital Infrastructure Trust's, a blind trust REIT that went public last month with a US$1.7 billion IPO.
Bond market turbulence saps CRE momentum
The bond market hasn’t derailed the commercial real estate sector’s 2026 recovery ambitions — which started with enthusiasm and US$113B in first-quarter U.S. transaction volume. The recent run-up in yields on Treasury bonds is buffeting the Q1 momentum.
Royalton ceases work in Cuba as sanctions hit hotel sector
The Cuban subsidiary of Royalton Hotels & Resorts Ltd. shut down its operations on the island after the US imposed a de facto fuel blockade on the communist government and expanded sanctions to target foreign companies.
Industry Events
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Canadian Apartment Investment Conference
Sep 09 2026
Metro Toronto Convention Centre, North -
RealREIT
Sep 16 2026
Metro Toronto Convention Centre, North -
Winnipeg Real Estate Forum
Sep 17 2026
RBC Convention Centre, MB -
Québec City Real Estate Forum
Sep 29 2026
Québec City Convention Centre -
Ottawa Real Estate Forum
Oct 20 2026
Rogers Centre, Ottawa
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