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Vesta shifts focus from B.C. to Alberta: 'The money's leaving'
Vesta shifts focus from B.C. to Alberta: 'The money's leaving'
Vesta Properties, a major real estate developer headquartered in Vancouver, has made the strategic decision to shift its focus to Alberta amidst the West Coast province's political climate and a business-unfriendly environment in British Columbia.
Bank of Canada lowers overnight rate 25 BPS to 2.75%
UPDATED: The Bank of Canada has trimmed the overnight interest rate 25 BPS to 2.75 per cent, offering further incentive for aspiring homebuyers during the busy spring season, while also emphasizing its anxiety over a trade war with the U.S.
Developers says tariff chaos will slow new investment
The housing development industry says the uncertainty brought on by the global trade war will slow new investment in Canada’s housing market. The growing trade war has been blamed for slumps in land acquisitions and home resales.
Canada retaliates with tariffs on $29.8B of U.S. steel and more
Canada swiftly hit back at the Trump administration’s sweeping tariffs on all global aluminum and steel imports by imposing counterlevies on $29.8-billion worth of U.S. goods while urging Washington to resume talks to end the trade war.
HOOPP has no plan to retreat despite trade chaos
The Healthcare of Ontario Pension Plan has invested more than half of its assets in Canadian holdings and that is not about to change despite the threatening economic climate, its leaders say.
DoorDash opens new office in Toronto amid trade war
DoorDash has opened a dedicated office in Toronto. The American food delivery company says the 25,715-square-foot space, located next to David Pecaut Square at 200 Wellington St. W., is three times the size of its previous office.
Signs of improvement in lower-tier office space on West Coast
Year-end data from Colliers delivered signs of progress for cities in Western Canada grappling with persistent vacancies in lower-tier office space. Calgary saw good momentum from tenants with just under 133,000 square feet of positive net absorption downtown.
Vancouver CRE gets boost from thriving life sciences sector
Strong employment in Vancouver's life sciences sector could support healthy levels of commercial real estate activity in the region, according to a new research report from Cushman & Wakefield.
Rental towers approved for former Safeway site in Vancouver
Vancouver city council has approved a 571-unit rental tower development that includes 20 per cent below-market housing. The former Safeway location — one of three across the city being redeveloped — is owned by Miami-based multinational private equity firm BGO.
Design review panel to consider 7-tower Hamilton plan
A seven-tower project planned for 186 Ferguson Ave. N. is set to go before Hamilton's Design Review Panel. Proposed by B & F Investments (Nova Scotia) Company and 201 Robert Street Company, the towers range from 26 to 30 storeys.
Rents still high, but down for a fifth consecutive month
The monthly rental report by Rentals.ca and Urbanation indicates rents fell by 4.8 per cent last month, marking the largest drop since April 2021. But average rents are still 5.2 per cent higher than two years ago.
Top underrated investment destinations in Canada for 2025
When it comes to investing in Canada, most people think of real estate in Toronto or tech startups in Vancouver. However, beyond these well-known markets, there are hidden gems that offer promising opportunities.
Building a real estate empire: Lessons from Howard Drukarsh
In the world of real estate, few names command as much respect as Howard Drukarsh. As the co-founder of Right at Home Realty, one of Canada’s largest independent real estate brokerages, Drukarsh has seen the industry evolve firsthand.
For centuries Hudson’s Bay faced death and survived
OPINION: The situation seems dire for Hudson's Bay Company. But let’s not forget that throughout its centuries of ever-evolving business operations, the company faced the prospect of imminent insolvency many times and reinvented itself to meet new challenges.
Bird reports $470M of project awards across key sectors
Bird Construction recently announced it has been awarded five projects with a combined value of approximately $470 million. Among them is a joint venture to deliver a 100,000-square-foot combined office and maintenance depot.
Loews bets on new Orlando theme park with $1 billion in hotels
Loews Hotels & Co. is in the midst of the biggest expansion in its 65-year history, opening three hotels in the Orlando market tied to Comcast Corp.’s new Epic Universe theme park.
83% of multifamily investors are looking to buy in 2025
Multifamily real estate investors are looking for deals in 2025 as the asset class reckons with last year's supply tsunami and a rolling wave of distress. Just two per cent of multifamily investors plan to cut their portfolios this year.
How is class-B industrial adapting to modern demand?
Despite often being overshadowed by the modern facilities built during the development surge of the past few years, class-B industrial assets in the U.S. continue to attract a diverse range of businesses.
London mayor Khan says new planning rules to boost housebuilding
London Mayor Sadiq Khan said new planning rules proposed Tuesday will help tackle the city’s affordable housing shortage by addressing the “big issue” of land value as the U.K. falls short of homebuilding targets.
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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