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Proment develops $150M Evolo Flex tower in Montreal's Pointe-Nord
Proment develops $150M Evolo Flex tower in Montreal
Proment Corporation will spend $150 million to build the 314-unit Evolo Flex rental tower, marking the final major development phase of its Pointe-Nord neighbourhood on the northern tip of Montreal’s Nuns’ Island.
Demand for new retail outstrips supply in Saskatchewan
Saskatchewan’s retail real estate market is tightening further, with vacancy hovering near historic lows as strong consumer demand and steady population growth outpace development. This is sparking interest from both potential tenants and potential investors.
Bank of Canada cuts another 25 BPS to 2.25%
The Bank of Canada has trimmed the overnight interest rate by 25 bps to 2.25 per cent, its second consecutive cut and a move widely embraced by Canada’s real estate sector for its potential to stimulate economic growth.
Rental construction is at a 50-year high in GTHA
Rental construction in the Toronto area has hit its highest point in half a century, a new report has found — as dozens of builders are pivoting from condo proposals to purpose-built rental projects.
Vancouver's Heather Lands developers want to boost density
A public meeting will examine an application by MST Development Corporation and Aquilini Development to increase the allowable height of some buildings on the 21-acre Heather Lands site from 28 storeys to 46 storeys, boosting density to 4,250 units.
Tower with 400+ apartments pitched for downtown London
A 38-storey apartment tower is proposed to be built on a parking lot on the eastern edge of downtown London. BSN London, in collaboration with Siv-ik Planning and Design, is pitching a 422-unit building.
Two GTA home builders focus on 'gentle density'
Two Greater Toronto Area home builders are prioritizing medium-density townhome developments in established neighbourhoods, leveraging market and community demands for "gentle" density. Developers Dunpar Homes and Brightstone Developments are helping meet demand for missing middle housing.
Tensions flare at meeting over Cowichan title decision
Tensions were high Tuesday night inside a Richmond hotel ballroom packed with hundreds of citizens concerned about the potential impact of a court ruling granting Aboriginal title to the Cowichan Tribes over a portion of land along the Fraser River.
Zellers' new owners set for brand's latest relaunch
Zellers is making a comeback — again. The discount retailer that’s died and been revived several times since its 1928 beginnings will get another relaunch Thursday at Londonderry Mall in Edmonton.
Activate Games expands from Winnipeg to 55 locations
In a world where entertainment increasingly merges technology, fitness and social connection, few companies have made an impact quite like Activate Games. Founded in Winnipeg six years ago, the brand has evolved from a single facility into a global phenomenon.
Mayrand Food Group in financial difficulty
Mayrand Alimentation Group is seeking protection under the Bankruptcy and Insolvency Act (BIA). The company, which has four warehouse-style supermarkets open to restaurants and the general public, has assured that its stores will remain open.
Walmart to open supercentre in Taza Park West
Walmart Canada has confirmed its tenancy in the 1,200-acre Taza Park West development in Tsuut’ina Nation, just west of Calgary, led in partnership between Tsuut’ina Nation and Canderel. Taza will begin work on-site this fall.
Infrastructure Ontario highlights $30B worth of projects
Infrastructure Ontario released its latest Market Update, listing 25 major projects in pre- and active procurement, totalling more than $30 billion in estimated design and construction costs. The update includes 20 publicly announced projects in the initial planning stages.
T.O. music venue renamed RBC Amphitheatre, set for renos
Live Nation Canada says a planned overhaul of a popular waterfront music spot will increase summer lawn seating and add movable enclosures for winter concerts. The performance space at Ontario Place has also been renamed the RBC Amphitheatre.
Saskatchewan leads the West in farmland value growth
Saskatchewan and Manitoba farmland values more than doubled over the past decade, an analysis of data from Farm Credit Canada’s regular reports indicate. By contrast, the perennially high cost of B.C. farmland has made it a lagging performer.
CPP to boost India investments after portfolio surges to $22B
Canada’s largest pension fund will further boost its investments in India, where it has tripled assets under management over the last five years to about US$22 billion, its top executive said.
Welltower to offload medical office portfolio, focus on seniors housing
Welltower is pivoting its growth strategy to focus on senior housing, a shift that includes the US$6B sale of 18 million square feet of medical office space. The REIT announced the new positioning in its Q3 earnings.
Foreign investors return to U.S. office with sixfold jump in spending
Office hasn’t been front of mind for many foreign investors looking at U.S. CRE in recent years, but with the pandemic squarely in the rearview mirror, that is starting to change.
Warburg Pincus and Madison team up to buy property secondaries
Warburg Pincus and Madison International Realty are working together to spend at least US$300 million on property investments other holders are impatient to unlock. The pair are investing the money in secondaries across a variety of sectors.
Industry Events
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Atlantic Real Estate Forum
Nov 04 2025
Halifax Convention Centre
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Global Property Market
Dec 02 2025
Fairmont Royal York
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Toronto Real Estate Forum
Dec 03 2025
to Dec 04 2025
Metro Toronto Convention Centre, Toronto
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Québec Apartment Investment Conference
Feb 04 2026
Palais des congrès de Montréal
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BUILDEX Vancouver
Feb 11 2026
to Feb 12 2026
Vancouver Convention Centre West, Vancouver
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