Canada

An Aecon-led consortium has been awarded an $815-million contract to complete a sewage-treatment plant upgrade in Winnipeg. The company announced that the city has hired the consortium to upgrade the biosolids facilities at the North End Water Pollution Control Centre sewage treatment plant. The progressive design-build contract was awarded to Red River Biosolids Partners, a …

Calgary apartment-condominium prices fell 9% in June to a benchmark price of $299,000 as the overall market experienced a sales slowdown, says the local real estate board. A surge in high-density housing supply continued to soften the city’s resale market, said CREB in its monthly market report. June home sales totalled 2,197, up from May …

Lonsdale Energy has commenced construction on a new heat-recovery centre in North Vancouver, B.C., that will produce six megawatts of low-carbon heating capacity for 18,000 residents. Backed by a $17.5-million grant from the federal and provincial governments through the Investing in Canada Infrastructure Program’s CleanBC stream, the project will capture heat from wastewater generated by …

Beedie has broken ground on a major industrial project that will span more than one million square feet, the South Campbell Heights Business Park in Surrey, B.C. Located at 19084 20th Ave., the project will serve as the gateway to the South Campbell Heights industrial area and underscores Beedie’s long-term investment in Surrey, said the …

Canadian Manufacturers & Exporters and premiers are calling for Prime Minister Mark Carney to fight back against planned new U.S. 50% tariffs on almost US$20 billion worth of Canadian goods. If the tariffs are implemented, they would have widespread commercial real estate implications ranging from automobile manufacturing to multi-residential construction. U.S President Donald Trump’s planned …

The Colleges of Applied Arts and Technology Pension Plan (CAAT) board says it has strengthened the plan’s corporate governance rules following the completion of an independent review. The new rules come after former CEO Derek Dobson and Board Chair Don Smith were ousted following an executive-compensation controversy that resulted in Dobson repaying $1.6 million vacation …

Canadian Manufacturers & Exporters and premiers are calling for Prime Minister Mark Carney to fight back against planned new U.S. 50% tariffs on almost US$20 billion worth of Canadian goods. If the tariffs are implemented, they would have widespread commercial real estate implications ranging from automobile manufacturing to multi-residential construction. U.S President Donald Trump’s planned …

Brookfield Asset Management and the Canada Pension Plan Investment Board have agreed to take LXP Industrial Trust private in an all-cash transaction valued at approximately $5.2 billion, including net debt and preferred equity. West Palm Beach-based LXP owns one of the largest portfolios of warehouse and logistics facilities in the U.S., comprising approximately 53 million …

Clarke has revamped its own, Ravelin Properties REIT’s, and Holloway Lodging Corporation’s senior executive teams amid a commercial real estate integration. The changes, effective Wednesday, are intended to strengthen operational leadership across Clarke’s residential, hotel and commercial real estate businesses by expanding executive responsibilities and decision-making authority, said the company. The moves come after Clarke …

CGC’s new $210-million Wallboard plant near Calgary will eliminate tariffs and set the stage for the company’s future long-term growth. The recently opened facility will also greatly reduce emissions, said Steve Youngblut, CGC’s president and CEO, in an interview with Connect. “That plant was built really for us to control our own destiny in Western …

The Colleges of Applied Arts and Technology Pension Plan (CAAT) board says it has strengthened the plan’s corporate governance rules following the completion of an independent review. The new rules come after former CEO Derek Dobson and Board Chair Don Smith were ousted following an executive-compensation controversy that resulted in Dobson repaying $1.6 million vacation …

Ford Motor Company has announced a $1.25-billion investment across its Canadian manufacturing facilities, which are based in Southern Ontario. The company’s Canadian subsidiary said it will make the investment over the next three years. The investment comes after Unifor members ratified a new national collective agreement covering more than 5,000 hourly employees. The investment will …

Loblaw will open a new Maxi discount-grocery store in the historic former Montreal Forum by year-end 2027, the company announced. Construction is now underway at the building that served as the home arena of the National Hockey League’s Montreal Canadiens for seven games. The Habs won their 24th and last Cup there in 1993, downing …

Westmont Hospitality has agreed to purchase the iconic Fairmont Le Château Montebello through a court-supervised process, according to a published report. TourismExpress reported that Westmont has agreed to buy the hotel for an undisclosed price as part of a receivership sale. Colliers is acting as exclusive advisor to PricewaterhouseCoopers (PwC), which was appointed receiver of …

Wesbild has halted a planned six-tower, 2,000-unit multi-residential development in Port Coquitlama, B.C. The master-planned project, known as PoCoPlace, was slated for the corner of Lougheed Highway and Westwood Street and would have included significant retail space and amenities. Phase 1 had been slated to include a 37-storey rental tower and a 35-storey condominium tower, …