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Equiton launches Maxium condo brand at Toronto development

1 day ago

Equiton launches Maxium condo brand at T.O. development

A midrise condominium development at 875 The Queensway in Toronto will be the first to be marketed under Equiton Developments' new Maxium Collection brand. Maxium's focus is buyers who plan to live in the condos, as opposed to investors.

CDPQ to acquire renewables company Innergex in $10B deal

Pension fund Caisse de dépôt et placement du Québec has agreed to acquire Longueuil, Que.-based renewable energy producer and developer Innergex Renewable Energy Inc. (INE-T) in a deal valuing Innergex at $10 billion, including debt.

Tariff threats are poisoning the investment climate in Canada

Even without tariffs, pressure cracks are starting to form. Major projects are being shelved. Business owners are preparing for layoffs. Other companies are considering leaving Canada. The mere threat of a trade war is enough to poison the investment climate. 

Corporate Canada faces tariff questions this earnings season

As companies report their earnings for the latest quarter, they’ve faced questions from analysts about how they’re preparing for potential tariffs from the U.S. A pause on the tariffs is nearing its end, and it’s unclear what will happen next.

Provinces have roughly $100B available for tariff relief: report

Canada’s provincial governments have enough fiscal firepower to respond to looming U.S. tariffs without supersizing their debt burdens, a new report says. The Desjardins analysis predicts upcoming provincial budgets will be dominated by plans to prepare for promised tariffs.

Calgary’s downtown strategy yielding big results

Calgary’s strategy to future-proof its downtown includes financial incentive programs that are already transforming aging office space into residential and other active uses. The city’s current pipeline includes 11 office conversion projects removing 1.57 million square feet of office space.   

Sponsored by: City of Calgary

Trade war threat already hurting housing supply

Industry experts say if threats continue, builders will stop projects until costs become more certain. The mere threat of a tariff war is another painful blow to an industry that has been struggling to get projects off the ground.

Ontario mortgage delinquency rate jumps 50%

Mortgage delinquencies in Ontario have skyrocketed 50 per cent higher than pre-pandemic levels. Over 11,000 mortgage holders in the province missed at least one payment in Q4 2024, Equifax Canada said in its quarterly credit report.

5,000 affordable homes at risk after Ontario rule change

When the City of Toronto allowed landowners to build housing on workplace-designated land parcels, it mandated that a set percentage must be affordable housing. But when the change went to the Ontario government for approval, affordability requirements were made optional.

Graywood taking rejected Church St. Village plan to OLT

It seemed like a win-win. A developer’s bid to transform a historic landmark in the Village, though fiercely opposed at first, had come to gain widespread support from the Toronto LGBTQ neighbourhood.

Quebec City's Colisée to be demolished

Quebec City's Colisée arena was home to many of Quebec's most famous teams, including the Citadelles, Remparts and Nordiques. It will soon be demolished. In its place, the city proposes a mixed-use real estate project.

Why Jim Pattison Group is suing Metro Vancouver

B.C.'s largest private company is suing a regional government for alleged "negligence" that led to property damage. Jim Pattison Group is suing Metro Vancouver in relation to work done near Pattison's Waterfront Rd. E. plant last September.

TRREB adds AI platform Ardi to its client services menu

The Toronto Regional Real Estate Board will be giving its members access to a virtual assistant powered by artificial intelligence which answers questions about the organization and the industry, joining a wave of organizations exploring uses of the emerging technology.

OMERS reports 8.3-per-cent gain, but RE portfolio declined

A weakened Canadian dollar helped propel Ontario Municipal Employees’ Retirement System to an 8.3-per-cent annual gain on its investments, as tariff threats and a buoyant American economy boosted the relative value of U.S. dollar assets.

Microsoft scraps data centre leases amid possible oversupply

Microsoft has reportedly cancelled multiple U.S. data centre leases and pulled back from other pending leases. The voided deals have raised concerns that Microsoft has more capacity than it needs and sparked doubts about bullish data centre demand forecasts. 

Apollo to take Bridge Investment Group private in $1.5B deal

Apollo Global Management has entered into an agreement to acquire Bridge Investment Group Holdings for US$1.5B in stock, taking private an owner with mass amounts of multifamily and industrial real estate holdings. 

Top-5 NYC office building sales of January 2025

In the largest deal on the books last month, Morgan Stanley sold a 852,731-square-foot office building in Manhattan's NoMad neighbourhood to Haddad Brands for US$357 million.

Cheap Chicago property lures buyers for offices, condos

Chicago’s beleaguered downtown is finally getting a boost: Buildings are so cheap that they’re hard to resist. Leasing also is picking up, with Coca-Cola Co. doubling its office space in the city.

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