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Big opportunity in Atlantic Canada economic boost: PROREIT CEO
Big opportunity for CRE in Atlantic Canada: PROREIT CEO
PROREIT (PRV-UN-T) CEO Gordon Lawlor sees great opportunity in Atlantic Canada for commercial real estate companies in the wake of the federal government awarding a multibillion-dollar military shipbuilding contract to Halifax-based Irving Shipbuilding Inc.
Dream Impact secures financing for downtown T.O. projects
Dream Impact Trust (MPCT-UN-T) and its partners have secured funding for one major downtown Toronto multifamily project, and have “conditional approval” for financing for a second site which, combined, would deliver over 2,400 rental units to the downtown market.
CFIB: Small business confidence falls to all-time low
The Canadian Federation of Independent Business says small business confidence dropped to an all-time low in March as the trade war with the U.S. ramped up. Its business barometer long-term index fell 24.8 index points to 25.0 in March.
Developers want a break from Toronto building fees
Real estate leaders have unified around a battle cry: reduce development charges to build more homes. As each month passes, the call to cut these costs gains momentum as preconstruction sales nosedive and construction starts remain well below target.
Cost of FN redevelopment in Winnipeg soars to $310 million
A First Nations-led project to redevelop the former Hudson’s Bay Co. building in downtown Winnipeg to advance reconciliation has doubled in cost. The Southern Chiefs’ Organization says the price tag is currently at $310 million.
Sean Black’s growth and vision for Happy Belly Food Group
There isn’t a week that goes by that Happy Belly Food Group isn’t announcing another expansion for its multi-brand concept. And at the heart of its massive expansion strategy is the company’s CEO Sean Black.
Costco Business Centre planned for New Westminster
Costco Wholesale has major plans for a business centre in New Westminster, catering specifically to business customers with bulk and specialized products. The business centre is planned for a former Lowe's warehouse, which would be retained and repurposed.
Couche-Tard looking at other global acquisition opportunities
Alimentation Couche-Tard (ATD-T) is pushing on with a pursuit of Seven & i Holdings Co. but scouting for other acquisition opportunities across the globe as it faces a Japanese target with serious reservations about a takeover.
Wasaga Beach approves beachfront property sale to hotelier
A hotel project on Wasaga Beach’s waterfront will act as a catalyst to future development, says the town’s mayor. Councillors approved a purchase and sale agreement with the Sunray Group for 1.5 acres of town-owned land overlooking the beach.
Hamilton councillors call for action on development approvals
City politicians are calling for an “action plan” to speed up development approvals to help ease Hamilton’s housing crunch, following a national study which ranked the city last among 23 municipalities when it came to processing times.
B.C. shuts door on secondary-suite incentive program
The British Columbia government is cancelling an incentive program meant to entice more homeowners to build secondary suites, saying the decision is "due to uncertain financial times." The pilot program won't accept applications after March 31.
Uncertainty positions Canada for more mass timber projects
Yo-yo U.S. tariffs and chaotic White House policy clouding the next four years is making mass timber and wood construction a secure alternative for builders in the Canadian construction market.
Glencore considers acquisition of Li-Cycle
Glencore Canada Corporation said it is exploring a potential acquisition of Toronto-based battery recycling company Li-Cycle Holdings Corp. (LICYF), a company it has previously backed with hundreds of millions of dollars in investment.
Calgary property group sees optimism mounting in downtown
According to Bernie Bayer of Taurus Property Group, Calgary's downtown is normalising. “There’s a definite optimism,” he says. “As occupancy levels in the office towers grow, retail occupancy is stronger, particularly in the central core around the major towers.”
Massive farm hits the market for $72M, tariffs cool interest
One of Ontario’s largest working farms for sale has hit the market just outside London for $72.1 million, only to be met with a chilly response from potential buyers due to tariff threats on agriculture exports to the U.S.
Real estate podcasts
Market updates from Vancouver to Halifax: Canadian RE Investor
Mike Czestochowski, CBRE: Distressed Land Sales in 2025, CRE Debt & Equity
Doug Porter, BMO: 2025 economic thoughts, VCREP
Ontario Teachers’ Pension Plan closes Hong Kong office
Ontario Teachers’ Pension Plan is closing its Hong Kong office and shifting some staff to Singapore, as the $256-billion pension fund looks to streamline its operations in Asia.
BlackRock fund’s forfeited China towers to be sold at 40% loss
A China office complex previously owned by a BlackRock fund is close to being sold at a discount of over 40 per cent in a deal that would lead to losses for the U.S. asset manager and banks backing it.
Boston moves to fill commercial vacancies, expand office conversions
At her State of the City address at the MGM Music Hall, Boston mayor Michelle Wu announced a handful of new housing and economic development initiatives, including the launch of a business recruitment office.
Norway wealth fund buys C$1.06 billion stake in Covent Garden
The world’s largest sovereign wealth fund isn’t waiting around to snap up a discount as the real estate correction unleashed by higher interest rates hoists “for sale” signs over some of London’s most sought-after properties.
Industry Events
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Canada Real Estate Auctions
Apr 01 2025
to Dec 31 2025
Canada
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Western Canada Apartment Investment Conference
Apr 22 2025
Vancouver Convention Centre
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Vancouver Real Estate Forum
Apr 23 2025
to Apr 24 2025
Vancouver Convention Centre
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Edmonton Real Estate Forum
May 27 2025
to Feb 27 2025
Edmonton Convention Centre
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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