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Is it time for a major new Toronto office development?
Is it time for a major new Toronto office development?
Toronto’s office availability rate is at 20.1 per cent, and leasing rates have softened during 2025. But Avison Young's Q2 2025 report on the city’s office market notes conditions might soon be ripe for a major new downtown office tower.
Chartwell to buy $432M portfolio of seniors living residences
The buying spree continues in Canada’s retirement living sector. Chartwell Retirement Residences (CSH-UN-T) has announced its latest acquisition, a portfolio of six southern Ontario properties comprising 1,024 suites for $432 million.
PwC moves from one prestigious Montreal tower to another
PwC's Montreal offices will be moving from 1250 René-Lévesque Blvd. The company has just signed a lease for 95,500 square feet of space in Place Ville Marie, just 500 metres from its current offices.
Former Guzzo cinema complex in Laval sells for $45M
The Guzzo cinema complex in Pont-Viau, Laval, is finished. The site has just been sold to a Laurentians entrepreneur who dreams of a new residential development, Le Journal has learned.
Seven & i denies snubbing Couche-Tard’s $46B takeover bid
Seven & i Holdings pushed back against Couche-Tard's assertions that it refused to engage in meaningful talks over a potential merger, saying the Canadian suitor didn’t take antitrust concerns seriously and doesn’t understand how business is conducted in Japan.
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AutoCanada on the hunt to buy Canadian competitors
An Alberta-based chain of auto dealerships is in pursuit of Canadian competitors. AutoCanada Inc., which already owns 64 dealerships in eight provinces, says it has ambitions to dramatically expand its reach in Canada, with plans to leave the U.S. completely.
Pattison Food Group to take over former Port Moody Meiga
The Pattison Food Group shared that Save-On-Foods will be opening in the former Meiga space at 221 Ioco Rd. The last time the company operated a store in Port Moody was in the ’80s under the Your Mark-It Foods banner.
Vancouver mayor to review industrial lands designations
Vancouver Mayor Ken Sim has asked for an overview of five key industrial sites in the city, which could possibly lead to some or all being released for residential construction as well as traditional industrial and work-creation uses.
Ontario is falling behind in new housing construction
Ontario may be Canada’s most populous province, but it might soon cease to be the national leader in new housing construction. Recent quarterly data on housing starts reveals a startling reality: residential construction in Ontario is slowing.
Tenants facing eviction say Starlight tried to silence them
About 100 households awaiting an eviction decision over a two-year rent strike say they rejected landlord Starlight Investments' final settlement offer because it would “silence” them if future issues were to arise.
Moncton is an apartment building powerhouse
OPINION: For decades Moncton built only about 250 apartment units per year. Now the city is adding nearly 2,000 apartment units annually. On a per capita basis, that’s more units per thousand people than any city in Canada.
Rosedale resubmission bounces tower height to 35 storeys
Rosedale may be known for heritage charm and leafy streets, but a new proposal would reach unprecedented height on a stretch of Yonge between Summerhill and Rosedale stations. Zinc Developments and ProWinko are proposing a 35-storey mixed use tower.
18-storey rental tower proposed on Dufferin St.
An 18-story rental tower could be erected in the West Queen West neighbourhood. The tower — which is slated to feature 176 units — is proposed by Hullmark for construction at 450 Dufferin St., at the northwest corner of Alma Avenue.
Lactalis closing Sudbury plant a year after reopening
Lactalis Canada, one of Canada's leading dairy companies, said it will be closing its plant-based beverage operations in Sudbury in December. The 33,150-square-foot state-of-art facility had reopened in April 2024 with $1.4M in government help.
Truck safety tech company hosts grand opening in Tecumseh
Company officials and community leaders are celebrating the opening of a $17-million manufacturing hub in Tecumseh. Convoy Technologies Canada Ltd., a truck safety tech company, opened the 18,000-square-foot Canadian manufacturing facility last week.
Enbridge to invest $900M on solar project supporting Meta’s data centres
Enbridge says it will invest US$900 million on a 600-megawatt solar project that will support Meta's data centre operations. The Calgary-based company says construction is underway near San Antonio, Tex.
Dollarama completes acquisition of The Reject Shop in Australia
Dollarama (DOL-T) announced the closing of its previously announced acquisition of The Reject Shop following the necessary shareholder, regulatory and court approvals. The Reject Shop is Australia's largest discount retailer with over 390 locations.
AstraZeneca pledges $50 billion on U.S. manufacturing, development
AstraZeneca Plc plans to invest US$50 billion in the U.S. before 2030, ratcheting up spending alongside other European drugmakers ahead of potential tariffs on imported medicines. The investment will go toward manufacturing as well as research and development.
Blackstone’s data centre landlord loses its $3B man
QTS founder Chad Williams and Blackstone Inc. were on a hot streak. In the four years since the private equity firm’s US$10 billion takeover, the company had become North America’s biggest data centre landlord.
Industry Events
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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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Saskatchewan Real Estate Forum
Oct 16 2025
TCU Place, Saskatoon
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