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BGO Cold Chain, Stonemont open first Cdn. cold-storage facility
BGO, Stonemont open first Cdn. cold-storage facility
BGO Cold Chain is one of the world's largest cold-storage investors, but it has just recently opened its first facility in Canada, for operator Martin Brower at the Northwood Business Park in Oshawa, Ont.
Another trade crisis brewing in Canada for months
A new federal online payment regime for collecting duties and taxes on commercial goods entering Canada, known as CARM, which stands for Canada Border Service Agency Assessment and Revenue Management, will require importers to make new financial commitments by May 20.
Can the CPKC railway bypass Trump tariffs?
The CEO of Canadian Pacific Kansas City, the first North American railway, is pitching his trains as a way for businesses in Canada and Mexico to bypass Trump’s America. CPKC trains make non-stop connections from Canada to Mexico.
Sunoco to acquire Parkland in $9.1B transaction
Sunoco LP will acquire Calgary-based Parkland Corporation in a deal valued at US$9.1 billion, folding in its approximately 4,000 North American commercial and retail locations, forming one of the largest independent fuel distributors in the Americas.
Tridel rebrands 'The One' as 'One Bloor West'
Known until now as 'The One', the days-from-being-a-supertall currently under construction building at Bloor and Yonge streets is proceeding under the control of Tridel, which has subtly reworked the branding of the project, to be known as "One Bloor West".
OLT advances four-tower proposal in Vaughan
A redevelopment proposal northwest of the Highway 400 and 7 interchange in Vaughan has received interim approval from the Ontario Land Tribunal (OLT), clearing the path for four towers between 36 and 49 storeys on a retail centre site.
High-rise condo proposed for Avondale Ave. in North York
A 49-storey high-rise condominium proposal is in the works for the North York City Centre area, which has seen a lot of redevelopment in recent decades. The development plan combines three residential lots along Avondale Avenue.
Apartment starts soar on affordable land in Alberta
In Q1, an unprecedented number of purpose-built rental units broke ground in Alberta. Industry insiders say the cost of land remains reasonable in the province, an opportunity for developers to capitalize on Canada Mortgage and Housing Corporation’s MLI Select program.
Mark Carney’s bet on prefabricated homes has promise
Prime Minister Mark Carney has pledged to provide $25 billion in loans and $1 billion in equity financing for companies that build homes in factories and place bulk orders of prefabricated housing to help jump-start a nascent industry.
How prefabrication shapes sustainable high-rise construction
Guest submission from Nick Haughton, ESG Director, Sapphire Balconies - Urban centres are experiencing a rapid increase in high-rise construction to meet the demands of growing populations posing significant environmental challenges, such as rising embodied carbon levels and inefficient energy usage.
Landscaping can be a critical tool for CRE sustainability
Commercial buildings with green roofs and gardens on their grounds can contribute to climate resiliency and biodiversity while reducing maintenance costs, Jessica Milligan, president of Montreal-based Strathmore Commercial Landscape Management, said.
Developer moves to demolish 'heritage designated' buildings
York Developments has filed an appeal with the OLT of London city council's 2022 decision to grant heritage status to some of the buildings its redevelopment site planned for a 214-unit, 22-storey student apartment building on the property.
Inside Forum's $15.5M dev. charges battle in Guelph
On April 7, Forum Asset Management announced that it was pausing construction on a student housing project as a result of the City of Guelph deciding to levy $15.5 million in development charges on the project.
Firm admits it 'under designed' N.B. buildings in lawsuits
Match Engineering admits it "under designed" two Dieppe, New Brunswick buildings in response to lawsuits alleging engineering errors. This brings the number of lawsuits naming the Moncton firm, or its owner and sole director to 10 since March 2024.
Restaurants Canada: Sales projected to contract in 2025
While the GST/HST holiday prevented foodservice bankruptcies and boosted sales and employment in the first two months of 2025, the tariff war has thrown the industry into uncharted waters, according to Restaurants Canada’s latest Quarterly Report.
McDonald’s U.S. sales miss highlights amid consumer anxiety
McDonald’s Corp. United States sales fell sharply in Q1, reflecting a deterioration in consumer sentiment that’s making it harder for restaurants to lure in diners. Same-store sales slumped 3.6 per cent in the U.S. in the first quarter.
Aritzia diversifying away from China amid tariff tensions: CEO
Canadian clothing retailer, Aritzia Inc. is shifting some of its supply chain away from China, one of the top three countries it relies on to make its clothing, which has been hammered with triple-digit tariffs from the United States.
Kimberly-Clark to invest $2B to expand U.S. manufacturing
The company behind the Huggies, Kleenex and Poise brands is ramping up its U.S. manufacturing. Kimberly-Clark plans to expand its operations over the next five years with over US$2 billion in industrial manufacturing investments in Ohio and South Carolina.
Amazon to spend $4B tripling facilities in U.S. small towns
Amazon is back in spending mode, preparing to deploy US$4 billion to expand its delivery network throughout U.S. rural areas by the end of next year. The e-commerce titan plans to triple its network of rural distribution hubs.
Amazon buys troubled midtown Manhattan office building
Amazon has bought a struggling Midtown Manhattan office property from RFR Realty. The purchase price for the 23-storey, 595,430-square-foot building at 522 Fifth Ave. has not been disclosed. The vacant asset had been in foreclosure.
Industry Events
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Edmonton Real Estate Forum
May 27 2025
Edmonton Convention Centre
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Land & Development
Jun 05 2025
Metro Toronto Convention Centre - North Building
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Southwestern Ontario Real Estate Forum
Jun 11 2025
to Jun 12 2025
RBC Place London, Ontario
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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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