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Latest Alberta & Prairies Industrial Stories
Grey Wolf Animal Health has acquired the Compounding Pharmacy of Manitoba (CPM) for $22.5 million. The deal, which includes a 25,000-square-foot facility and associated land, strengthens Grey Wolf’s presence in the veterinary and human compounding pharmacy markets, said the company. Grey Wolf is a diversified Canadian health company based in Toronto. “We believe CPM is …
Canada’s new immigration policy is unlikely to have a negative impact on the rental-housing market, according to a new GWL Realty Advisors (GWLRA) report. The federal government is aiming to reduce the number of non-permanent residents and lower targets for new permanent immigrants. (Although the government has introduced a number of new policies, they are …
Latest National Industrial Stories
U.S. president-elect Donald Trump’s pledge to impose a 25% tariff on Canadian imports has jeopardized a $7-billion Volkswagen EV battery plant under development in St. Thomas, Ont., says an international trade expert. Andreas Schotter, an expert in international trade and a professor at Western University’s Ivey Business School, told the London Free Press that the …
Brookfield Asset Management has opened a new office hub in Paris to strengthen its presence in the French market. The company, which has been investing in France since 2015, employs more than 7,000 people across its operations in the country. Its diverse portfolio includes investments in artificial intelligence and digital infrastructure, renewable energy, residential decarbonization, …
Latest Cross Border News Industrial Stories
Brookfield Asset Management has opened a new office hub in Paris to strengthen its presence in the French market. The company, which has been investing in France since 2015, employs more than 7,000 people across its operations in the country. Its diverse portfolio includes investments in artificial intelligence and digital infrastructure, renewable energy, residential decarbonization, …
The Healthcare of Ontario Pension Plan (HOOPP) has named Annesley Wallace as its next president and CEO, effective April 1, 2025. She will succeed Jeff Wendling, who is retiring after leading the organization since 2020. HOOPP ranks among Canada’s largest institutional commercial real estate investors. Wallace brings extensive experience in investment management and pension administration. …
Latest Maritimes Industrial Stories
The federal government has officially launched the next phase of construction for the Atlantic Science Enterprise Centre (ASEC), a laboratory facility in Moncton, N.B., designed to address critical challenges in science and innovation. The $600-million project, part of the Government of Canada’s Laboratories Canada strategy, aims to provide federal scientists with cutting-edge, sustainable, and collaborative …
Avison Young has expanded into Newfoundland and Labrador with the opening a new affiliate office in St. John’s. The move strengthens the firm’s presence in Atlantic Canada and brings its total number of offices across the country to 17. The new St. John’s office extends the existing affiliation agreement between Avison Young and Halifax Managing …
Latest Ontario Industrial Stories
Grey Wolf Animal Health has acquired the Compounding Pharmacy of Manitoba (CPM) for $22.5 million. The deal, which includes a 25,000-square-foot facility and associated land, strengthens Grey Wolf’s presence in the veterinary and human compounding pharmacy markets, said the company. Grey Wolf is a diversified Canadian health company based in Toronto. “We believe CPM is …
U.S. president-elect Donald Trump’s pledge to impose a 25% tariff on Canadian imports has jeopardized a $7-billion Volkswagen EV battery plant under development in St. Thomas, Ont., says an international trade expert. Andreas Schotter, an expert in international trade and a professor at Western University’s Ivey Business School, told the London Free Press that the …
Latest Pacific Canada Industrial Stories
Avison Young has appointed Brett Armstrong as the new managing director for its Vancouver office, effective Monday. In his new role, Armstrong will focus on executing the firm’s strategic business plan, prioritizing business development and expanding market share across the city and province, said Avison Young in a news release. Armstrong, who joined Avison Young …
QuadReal Property Group has acquired an eight-asset manufactured rental-housing portfolio across several U.S. markets for US$330 million. The markets including Austin, Tex.’; Dallas, Orlando, and Salt Lake City, said Vancouver-based QuadReal. The newly acquired properties are all-age, high-quality communities that will enhance QuadReal’s growing manufactured-housing portfolio. The company is already Canada’s largest owner and operator …
Latest Quebec Industrial Stories
Amsino International has acquired medical-device manufacturer MedXL’s real estate and other assets through a court-monitored sales process. Pomona, Calif.-based Amsino purchased MedXL’s the assets through a plan of arrangement filed in the Superior Court of Quebec in accordance with the Canadian Companies’ Creditors Arrangement Act. The purchase price was not disclosed. FTI Consulting acted as …
Expansion Dieppe and Groupe Montoni Group have signed a $125-million development agreement to expand Dieppe Industrial Park in the Moncton, N.B., area. Montoni is slated to expand the industrial park by 2 million square feet. The development is Montreal-based Montoni’s first in the Maritimes. The venture was announced during Expansion Dieppe’s 50th anniversary celebrations. Dieppe …