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Iain Stewart to retire as Genesis CEO
Iain Stewart to retire as Genesis CEO
Iain Stewart, the president and CEO of Calgary-based community developer Genesis Land Development Corp. (GDC-T), will be retiring from his positions after more than six years at the helm.
Report examines shift to secondary housing markets
Postponed or cancelled condominium developments and other housing projects in Toronto and other major Canadian cities are both contributing to the country’s housing crisis and leading more people to move to and live in secondary markets.
Corporate landlords fuel housing rent increases in Toronto
Companies that own rental housing properties – including private equity firms, REITS and other asset managers – charge higher rents across all building classes than the average neighbourhood price in Toronto, according to a new study released Tuesday.
CPP grows investment in U.S. despite 'Buy Canada' push
U.S. assets have surged to become nearly half of Canada’s national pension fund, as its managers defy pressure to invest more domestically. CPP Investment Board’s exposure to the U.S. market grew to 47 per cent of its $714B portfolio.
GoBolt releases 2025 State of Logistics Report
Third-party logistics and last-mile provider GoBolt has unveiled its 2025 State of Logistics Report — a look into the evolving logistics landscape. The report is based on a wide-reaching survey of logistics and supply chain leaders from retail and direct-to-consumer brands.
Developer charged for ‘illegal sale’ of 453 pre-con homes
Ontario’s homebuilding regulator has charged a developer for the alleged “illegal sale” of 453 pre-construction homes. The Home Construction Regulatory Authority has laid charges against seven companies operating under StateView Homes and the firm’s three senior executives.
CURV tower switches out of below-market housing
OPINION: A developer marketing opulent condos in downtown Vancouver has evaded a promise to provide 102 units of below-market rental units — for the equivalent of the price of just one of its $60-million penthouse suites.
Mosaic Homes begins final stage of B.C.'s Lynn Valley
The final stage of Mosaic Homes' Lynn Valley community in North Vancouver — a 10-year development project — will break ground this summer. Trailside at Lynn is a five-storey, strata condo building containing 61 homes which will soon be under construction.
Edmonton passes rezoning bylaw for priority growth areas
Edmonton city council passed a rezoning bylaw aimed to boost development in areas earmarked to grow quickly alongside the city's population. It involves different rezonings, including a combination of mixed-use, large- and medium-scale residential, and small-medium scale transition residential zones.
Hamilton hopes to expedite halted condo developments
Hamilton is doing what it can to help push along halted private condo development in the city. In recent years, several private condo development properties have been stalled after going into receivership as a result of the owners’ financial struggles.
Quebec residential construction strike avoided... for now
More than 48,000 housing units under construction in Quebec were on the verge of paralysis this morning when 66,000 residential construction workers made a final offer to their bosses instead of going on strike.
York promises to preserve brewery history in DT London
A London builder is ready to embrace an extensive, and costly, nod to heritage in order to build residential towers in the Oxford Street and Richmond Row area. York Developments wants to demolish the former home of the Kent Brewery.
Canada Goose reports strong Q4 results, grows store count
Canada Goose Holdings has reported strong financial results for Q4. On the retail front, Canada Goose converted two temporary locations into permanent stores and opened four new permanent stores, to end the fiscal year with 74 stores globally.
44% of shoppers still prefer in-store retail
In-store shopping remains an important part of life for many consumers and is the preferred channel for 44 per cent, according to a new 2025 retail report released by Adyen.
Brandt Tractor doubles the size of branch near Winnipeg
Brandt Tractor has completed a $30 million renovation that more than doubled the size of its facility outside Winnipeg. When it first opened in 2000, the facility was 29,450 square feet. Now it spans 65,190 square feet.
Delay of $15B Honda project part of shift in EV strategy
Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a battery and electric vehicle complex in Ontario by around two years.
Oxford Properties to move ahead on Hudson Yards without casino
Wynn has withdrawn its bid for one of three New York City casino licenses up for grabs. Wynn had partnered with Oxford Properties and Related Cos., which are now moving forward on a US$12B development without a casino element.
Carr Properties JV lands $650M for Boston office tower
Carr Properties and National Real Estate Advisors have closed on a US$650M single-asset, single-borrower loan for One Congress, a 1 million-square-foot office tower in Boston. Wells Fargo and Bank of America provided the financing.
Toll maintains home sales forecast as luxury demand holds up
Luxury builder Toll Brothers Inc. reaffirmed expectations for home sales in its full fiscal year, citing resilience among its affluent buyers. Toll projected full-year completed sales of 11,200 to 11,600 homes, according to a statement Tuesday.
Inside the finances of 4,300 rent-stabilized NYC apartments
Next month will mark the latest chapter in one of New York's most bitter feuds: tenants vs. landlords. The Rent Guidelines Board will meet to determine how much owners of nearly half of NYC's rental apartments can raise their rents.
Industry Events
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Southwestern Ontario Real Estate Forum
Jun 11 2025
to Jun 12 2025
RBC Place London, Ontario
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Montréal Real Estate Forum
Jun 17 2025
to Jun 18 2025
Palais des congrès de Montréal
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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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