Canada

The Manitoba Métis Federation has acquired former National Research Council properties in downtown Winnipeg from the federal government. The acquisition covers two buildings, including an office tower and separate structure contain laboratories, and supports the MMF’s ongoing efforts to revitalize downtown Winnipeg while expanding the group’s commercial real estate portfolio to more than one million …

Factor Meals has opened a new 50,000-square-foot kitchen and distribution centre in Calgary, giving the firm production capabilities in Western Canada. The opening comes as Factor prepares to launch nationwide meal-delivery service this fall, said the company. The new facility will produce and distribute the HelloFresh-owned company’s ready-to-eat meals throughout Western Canada. Factor, which launched …

A Burnaby, B.C., multi-family development site has sold for $6 million through a court sale after receiving unexpected late demand and exceeding the offer price. A B.C. numbered company agreed to purchase the property located in the Edmonds area from lender Desjardins. “What began as a regular day in court for the approval of a …

National Bank has expanded its Western Canadian real estate offering through the acquisition of Vancouver-based Truvera Trust Corporation. National’s subsidiary Natcan Trust Company, operating as National Bank Trust (NBT), has signed an agreement to acquire Vancouver-based Truvera as it expands its wealth-management capabilities and strengthens its presence in Western Canada. Truvera, which is headquartered in …

Hazelview Investments has completed a $150-million first close of its Hazelview Canadian Multi-Residential Fund VI, securing equity commitments from Canadian institutional and private investors for a value-add rental-housing investment strategy focused on supply-constrained markets. The closed-end fund will target purpose-built rental properties in Ontario, Alberta, Quebec and Nova Scotia, with a seven-year investment horizon. Hazelview …

Canadian office vacancy has declined for the fourth straight quarter, while national industrial vacancy continues to tighten, says a new report from Colliers. National office vacancy fell to 13.4% in the second quarter of 2026, while industrial vacancy declined to 3.3%, extending improving conditions across Canada’s commercial real estate market, according to Colliers’ Q2 2026 …

MTY Food Group will close 68 underperforming corporate-owned restaurants over the next six to nine months following a portfolio review, with the closures expected to cost between $10 million and $12 million and affect locations that collectively lost more than $10 million over the past year, the company said Friday. Eric Lefebvre, MTY’s president and …

Broccolini has broken ground on Nokia’s new 750,000-square-foot Ottawa innovation campus in Kanata North Tech Park. The real estate company is serving as development and construction partner for the research-and-development facility. The project marks the start of the active construction phase, with project teams, trades and partners now mobilized on site. The campus is being …

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 …

Hazelview Investments has completed a $150-million first close of its Hazelview Canadian Multi-Residential Fund VI, securing equity commitments from Canadian institutional and private investors for a value-add rental-housing investment strategy focused on supply-constrained markets. The closed-end fund will target purpose-built rental properties in Ontario, Alberta, Quebec and Nova Scotia, with a seven-year investment horizon. Hazelview …

Crown Realty Partners has been appointed to provide property management services for Minto Place, a 950,000-square-foot office and retail complex in downtown Ottawa. The appointment expands Crown’s relationship with Mackenzie Investments and establishes new partnerships with LaSalle Investment Management and Minto Group, said Crown. The addition of Minto Place increases Crown’s Ottawa portfolio to more …

The new $159.9-million Angélique-Latimer affordable-housing complex in Montreal’s Saint-Michel area has broken ground. The 281-unit development project is designed to serve as a model for inclusive, sustainable community development. The project, led by the Black Communities Housing Society (BCHS), will include affordable housing, a community campus, neighbourhood commercial space and public areas intended to support …

MTY Food Group will close 68 underperforming corporate-owned restaurants over the next six to nine months following a portfolio review, with the closures expected to cost between $10 million and $12 million and affect locations that collectively lost more than $10 million over the past year, the company said Friday. Eric Lefebvre, MTY’s president and …

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, …