Canada

AutoCanada has acquired the 20,000-square-foot Fix Auto Stratford collision-repair centre in Stratford, Ont., and renamed it ACX Stratford. The automotive dealership and collision-repair company said the acquisition strengthens its presence in Southwestern Ontario by adding repair capacity within less than an hour’s drive of 10 AutoCanada dealerships. The approximately 20,000-square-foot facility complements the company’s fully …

Apartment Plus (A+) REIT has purchased the Catalyst Apartments in northwest Calgary for $29 million. The acquisition is the first in Calgary for the Winnipeg-based REIT, which completed the deal through parent firm Private Pension Partners. The acquisition the REIT 100% ownership of the property at 1450 20th Ave. N.W. and marks the beginning of …

The Pattison Food Group has installed advanced automation technologies at its 485,000-square-foot grocery fulfillment centre in Langley, B.C. The automated system is designed to improve split-case fulfillment, increase storage capacity and enhance order accuracy while supporting the company’s nine grocery banners, including Save-On-Foods, PriceSmart Foods and Quality Foods, said Pattison. The project also reduces manual …

Onni Group has completed its purchase of the former Hudson’s Bay Company department store in downtown Vancouver for a reported price of $112.5 million. A CBRE spokesman confirmed to Connect that the deal closed June 24. It was scheduled to close by June 30. The spokesman declined to disclose the purchase price. The publication that …

The Pattison Food Group has installed advanced automation technologies at its 485,000-square-foot grocery fulfillment centre in Langley, B.C. The automated system is designed to improve split-case fulfillment, increase storage capacity and enhance order accuracy while supporting the company’s nine grocery banners, including Save-On-Foods, PriceSmart Foods and Quality Foods, said Pattison. The project also reduces manual …

Shelter inflation continued to ease in May, with the annual increase slowing to 1.7% from 1.8% in April, according to Statistics Canada. The moderation reflected continued declines in key homeownership cost measures. The homeowners’ replacement-cost index fell 2.5% year-over-year in May, marking its 13th consecutive annual decline. Other owned accommodation expenses, including real estate commissions, …

The Pattison Food Group has installed advanced automation technologies at its 485,000-square-foot grocery fulfillment centre in Langley, B.C. The automated system is designed to improve split-case fulfillment, increase storage capacity and enhance order accuracy while supporting the company’s nine grocery banners, including Save-On-Foods, PriceSmart Foods and Quality Foods, said Pattison. The project also reduces manual …

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 …

Saltire Capital has acquired Tool Shed construction equipment rental and sales retailer for $2.8 million in cash and stock. The deal was previously announced but amended prior to closing with Saltire purchasing 100% of the company, which operates one location in Dartmouth, N.S. Previously, the proposed agreement called for the vendors to retain an ownership …

Old Navy will move into a former Toys R Us store space at Dufferin Mall in Toronto later this year. “The new store will be located next to Telus,” said the mall’s management in an Instagram post. “More details to come closer to the opening of the new store in November.” The post did not …

AutoCanada has acquired the 20,000-square-foot Fix Auto Stratford collision-repair centre in Stratford, Ont., and renamed it ACX Stratford. The automotive dealership and collision-repair company said the acquisition strengthens its presence in Southwestern Ontario by adding repair capacity within less than an hour’s drive of 10 AutoCanada dealerships. The approximately 20,000-square-foot facility complements the company’s fully …

Montoni has begun developing strata industrial condominiums as part of a new business line. The move is designed to give small and medium-sized businesses (SMEs) a more affordable path to property ownership while expanding the developer’s industrial real estate portfolio, said the company. The new offering is intended to help SMEs stabilize long-term occupancy costs, …

CDPQ Infra has raised $1.85 billion for the REM automated light-rail rapid-transit line spanning the Greater Montreal Area through the company’s first green-bond offering. The financing, completed through senior unsecured fixed-rate notes issued by Projet REM s.e.c., is intended to support the REM, formally known as the Réseau express métropolitain, as it transitions into a …

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, …