Connect News Commercial Real Estate news for every market and every facet, every day.
Connect Events Live and virtual events bringing together the best of information and networking.
Connect Creative A full service marketing and PR agency.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.
Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.
Find Your Course
Advertise, Promote, Attend, Create – Work with Connect.
A full service marketing and PR agency.
Meet the team behind the machine and taste a little of the secret sauce.

Sub Markets

Property Sectors

Topics

Canada CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Canada  + Industrial  |  June 20, 2025
Photo of an industrial building rooftop with several solar panels.
Avatar photo
By: Monte Stewart

CIB, Dream Industrial REIT Finalize $50M Retrofits Loan

The Canada Infrastructure Bank and Dream Industrial REIT have finalized a $50-million loan to fund commercial property retrofits in Alberta, Quebec and Ontario.

The loans will cover 34 warehouses in the three provinces. The building upgrades will include solar photovoltaics; mechanical, electrical and air-handling systems; and building envelopes.

“The projects are expected to generate 630 jobs and generate 14,500 megawatts of clean electricity from  installed renewable power generation such as solar panels,” said CIB and Dream in a news release.

Federal Housing and Infrastructure Minister Gregor Robertson said the investment is part of Canada’s effort to build the strongest economy in the G7.

Pictured: Industrial building rooftop with several solar panels.

Photo: CNW Group/Canada Infrastructure Bank

Connect

Inside The Story

Gregor RobertsonCanada Infrastructure Bank

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.
Order Reprints
New call-to-action