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Canada  + Cross Border News  + Finance  | 
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People and Companies News for Week Ending February 6

  • Carbon Upcycling has hired Markus Kritzler to lead the Calgary-based company’s expansion across North America and Europe. Kritzler joined the firm in 2025 as chief revenue officer. Carbon Upcycling develops recycled-cement manufacturing plants that develop products for use in construction.
  • Connor Teskey has been appointed CEO of alternative-investment giant Brookfield Asset Management. He succeeds Bruce Flatt, who will continue to chair BAM’s board and remain as CEO of Brookfield Corporation. Teskey has been with Brookfield since 2012, most recently serving as BAM’s president, after Flatt relinquished those duties to him, and heading Brookfield Renewable Power & Transition.
  • Morguard Corporation has rebranded Lincluden Investment Management as Morguard Lincluden Global Investments. Morguard acquired a majority interest in Lincluden in 2015 and announced in early 2025 that it had gained full ownership. The investment company provides commercial real estate investment-management services to institutional and private clients.
  • George Reznik has joined broadband-over-power-line provider Corinex as chief operating officer. Reznik has three decades of leadership experience across publicly traded and high-growth companies within the technology sector. His experience includes executive roles at Light AITantalus SystemsIntrinsyc Technologies, and Infowave Software.
  • Avison Young has promoted Andrew Boyd to Toronto office-leasing practice leader. Boyd will identify opportunities for growth, explore new ways to drive revenue, and support client and business development and retention, for both agency leasing and tenant representation. Boyd will collaborate with, and lead, the firm’s Toronto’s office-leasing team, supporting its members’ development and career paths within a high-performance, accountable, and innovative environment. Also a company principal and vice-president, he has been with Avison Young since 1994.
  • British Columbia Investment Management Corporation has appointed Jon Salon as an executive vice-president and global head of private equity. He has more than three decades of private-equity investment and executive management experience. Salon has been with BCIMC since 2024 and replaces Jim Pittman.
  • Leading brokers Jim Szabo and Tony Quattrin have relinquished their roles as the Vancouver leaders of the CBRE national investment team. They have become executiveve chairs and are acting as ambassadors for the company while working on strategic projects within its B.C. operations.
  • Mortgage lender CMI Financial Group has appointed Elizabeth Wood as chief operating officer. She will lead enterprise operations across the CMI platform, strengthening execution, scalability, and operational excellence as the organization continues to expand nationally, said the company. In addition, she will incorporate the responsibilities of her former chief administrative officer position into the new role. Wood has been with CMI since 2015. She succeeds Mike Spero who has transitioned from the COO role to join the CMI MIC Funds advisory board as a committee member.
  • Lennard has hired three new executives in Vancouver. Allon Shapiro becomes a partner and managing broker. He specializes in investment-property and development-site sales. Aaron Ulinder joins the firm as a partner specializing in office leasing and investment sales. Thomas has been named a senior vice-president. He specializes in sales and leasing and has gained considerable experience in the North Shore area since launching his career in 2005. Lennard has also hired two executives in Ontario. David Hearn joins the company’s Mississauga, Ont., office a vice-president, bringing about 40 years of commercial real estate experience. Ray Robinson was named a senior vice-president in Waterloo. He has approximately 41 years of industry experience.
  • QuadReal Property Group has appointed Candice Todd to its board. Todd brings global financial expertise, performance and investment management experience and leadership in governance activities. She most recently served as managing director and CFO at Morgan Stanley Real Estate Investments.
  • Yousry Bissada has joined HomeEquity Bank as president and CEO. Bissada has 30-plus years of experience across mortgage and financial services. He previously held the same roles with Home Trust and Home Capital Group.
  • Mark Hope has resigned as senior vice-president of development at Coast Hotels, effective March 2, as he proceeds towards retirement. The 32-year company veteran will remain with Coast as a part-time executive advisor.
  • Andrea Rawas has joined Bird Construction as manager of internal communications. She returns to the construction industry after spending the past three years-and-a-half years in the commercial real estate sector as marketing and business manager with Edon Management.
  • BMTC Group has appointed Louis-Philippe Auger as president of the Tanguay division, effective immediately. Auger was promoted from his former vice-president position with Tanguay. He held that post for three years and has been with the furniture, household goods, electronics and computer retailer for 26 years. He succeeded Charles Tanguay, who has left the company to pursue other challenges.
  • Brand Factory Group has named Ashley Shearer as its new president, succeeding Joseph Sulpizi, the company’s founder. Shearer has been with the firm for 15 years. The Brand Factory is a multiple award-winning real estate lifestyle agency and a collective of seven vertically integrated companies specializing in branding, technology, design and immersive experiences.
  • Kipling Group has appointed Michael Case as president and chief operating officer, effective immediately. Case joined Kipling in 2024 after spending 23 years building a distinguished career in commercial real estate. Kipling is one of Canada’s largest independent full-service property management firms.
  • Barry Palmer has assumed the role of president and CEO with North American Construction Group. He succeeded Joe Lambert, who resigned. Palmer has held various positions with NACG since 1982, most recently serving as chief operating officer and president of the firm’s McKellar Group in Australia.
  • Robert Hayes has joined the Trico Homes board. He currently serves as president of Calgary Sports and Entertainment, the owner of the NHL‘s Calgary Flames, along with the Calgary Stampeders of the Canadian Football League and the city’s other leading sports teams.
  • Robert Mackowecky has joined Brookfield Residential as director of its commercial division. He spent the last 11 years with grocer Loblaw in various real estate roles.
  • CAPREIT has announced that Chief Investment Officer Julian Schonfeldt will leave the organization in April to pursue new career opportunities. Schonfeldt became CAPREIT’s first CIO in 2022 and has executed about $6 billion in transactions.
  • Katie Lee has joined Nicola Real Estate as director of asset management. Based in Vancouver, she will play a key role in advancing Nicola’s asset-management and leasing strategies. Lee has extensive experience across institutional and private real estate platforms in Vancouver and Toronto.
  • Artelia Canada has appointed Benoit Baudry as CEO. Baudry has more than 30 years of experience with the Artelia Group. He will support Artelia’s growth and major projects in Canada. During the past decade he has guided Artelia’s mobility and infrastructure teams in France.
  • MCAN Financial Group has made a series of leadership appointments that, the company says, improve its capabilities in finance, investments, risk management, and people strategy. Becky Lee has been named vice-president of investments. Lee has 15 years of progressive experience in Canadian commercial real estate and institutional finance. She joined MCAN from BGO, where she served as vice-president of high-yield debt investments. Jashar Grewal has joined MCAN as vice-president of financial planning and analysis. She joined MCAN from Home Trust. Aaron Core has assumed the title of chief risk officer, while Michelle Liotta has been named a vice-president and chief people officer.
  • Altus Group has appointed Rich Sarkis as chief marketing officer, effective immediately. Sarkis joined Altus through its acquisition of Reonomy. In 2025, he served as the group’s president of software and data, playing a critical role in bringing Argus Intelligence to market.
  • Shane Stewart has been appointed president and CEO of Priestly Demolition. In other moves Brian Priestly has been named chief operating officer and Andrew Smith has been appointed CFO.
  • Carl Gomez has joined Centurion Asset Management as its first chief economist. Gomez has 25 years of experience as a leading Canadian economist and real estate investment professional. He most recently served as chief economist and head of market analytics at CoStar.
  • The Canadian Real Estate Association has appointed Scott Neil as CEO. Neil began his new duties January 5. Neil has more than 20 years of experience leading digital marketplaces and media platforms across North America and Europe. Most recently, he served as CEO of Kijiji Canada.
  • Daniel Hughes has retired from the BSR REIT board after 29 years of service with BSR. Hughes founded Summit Housing Partners, the predecessor of BSR until 2013. As a result, Mark Decker has been appointed to the board. Decker currently serves as president, CEO and director of Global Medical REIT.
  • Real Estate Council of Ontario CEO Brenda Buchanan resigned, effective December 31, in wake of the $10.5-mllion iPro Realty scandal and dismissal of the regulator’s board. Jean Lépine, the administrator appointed by the province to oversee RECO, has assumed the duties of CEO.
  • Alberta Investment Management Corporation has appointed Ray Gilmour as permanent CEO after he had been serving in an interim capacity since November 2024. Prior to joining AIMCo, he served as Alberta’s deputy minister of executive council for more than five years after performing various other deputy minister roles before then. Gilmour became AIMCo’s interim CEO after the provincial government ousted former CEO Evan Siddall, three of the company’s executives and all 10 members of the board.
  • Partner Assessment Corporation has appointed Coralie Olson as a relationship manager in Toronto, Olson brings extensive experience in commercial real estate advisory services and creative development strategy for institutional clients. She will leverage her consultative approach to bolster Partner’s relationships with CRE stakeholders across Canada.
  • Fade Bouras has been named AutoCanada‘s chief operating officer, effective January 15. AutoCanada also appointed John North to its board, effective immediately. Bouras has about 22 years of automotive retail experience, most recently as HGrégoire, where he led a large, high-volume, multi-location automotive retail platform and oversaw end-to-end operating performance. North has more than two decades of experience in automotive retail and public-company finance.
  • ADM Aéroports de Montréal has promoted Jerome Conraud to vice-president of strategy, planning and sustainability. Conraud had served as assistant vice-president of strategy and governance for ADM’s airport planning segment. A trained engineer, he has more than 20 years of professional experience related to infrastructure, energy and carbon reduction. ADM is the Montreal region’s airport authority.
  • DS Lawyers has rebranded as Prelia. The new name embodies a stronger, more agile network that remains faithful to the firm’s values while adapting to the challenges of an evolving global market, says Prelia, which derives from the Latin word for battle, Proelium. The firm’s services include business, tax, litigation, commercial real estate, and labour law. 
  • QuadReal Property Group has announced several board changes, with longtime Chair Thomas Garbutt stepping down after nearly a decade. He will be succeeded, effective January 1, by Scott Hutcheson, who joined the board in 2023 and has extensive executive and governance experience. The company also confirmed the retirements of directors Rita Achrekar and Lorne Braithwaite, who have served since 2022 and 2017, respectively.
  • Global commercial real estate advisor Avison Young has added three new principals to its Occupier Services team in Ontario, appointing Toronto-based Jarrod Bogler, Howard Bogler and Elliot Greenberg as principals and senior vice-presidents. The trio brings a combined 90 years of experience in tenant representation across the Greater Toronto Area, offering an integrated, multi-disciplinary approach to portfolio management and real estate strategy. Together, they have completed more than 1,500 transactions valued at over $20 billion across a wide range of industries and regions.
  • ATB Financial’s board has chosen Chris Turchansky as the organization’s next president and CEO. Turchansky will assume the CEO role on January 1. He replaces retiring president and CEO Curtis Stange. Turchansky has spent nearly 30 years in Alberta’s financial services sector, including two decades at ATB in senior roles such as president of ATB Wealth, chief experience officer and, most recently, group head of ATB Business and Wealth.
  • Reeta Gupta, CEO of the Gupta Group and Gupta Family Foundation has donated about $105,000 to support emergency relief and long-term rebuilding efforts in Jamaica following Hurricane Melissa. The funds will be directed by GlobalMedic, Food for The Poor Canada and Helping Hands Jamaica Foundation. Gupta is also supporting Harmonies of Hope, a fundraising concert that will raise essential funds for rebuilding homes, schools, community spaces, and vital infrastructure destroyed by the hurricane. She is also providing an additional $30,000 to Food for The Poor Canada and another $25,000 to Helping Hands Jamaica.
  • Ana Radic has been appointed director of airport and commercial real estate at the Greater Toronto Airport Authority. Radic is a former Choice Properties chief operating officer. She has worked in commercial real estate since 1999.
  • Francine Moore has joined the CAPREIT board. She has more than 25 years of real estate industry experience. Moore retired in January 2025 from Homestead Land Holdings, where she was president and before then, CFO.
  • Jim Hannon has departed from his post as CEO and director at Altus Group. The company has appointed Mike Gordon as its executive chair, and he will become CEO in the first quarter of 2026. Gordon is a former Altus CEO and has served as a director since 2020. Also, Raymond Mikulich has resigned as executive chair but remains on the board as a director.
  • Empire Company Limited has appointed Pierre St-Laurent as president and CEO of the company and its wholly-owned subsidiary Sobeys. St-Laurent’s appointment took effect immediately. He has also joined the board of directors. A 34-year employee of the firm, St-Laurent was promoted from his former post as executive vice-president and chief operating officer. He succeeded the retiring Michael Medline.
  • Congebec has appointed Tim Ludwig as chief commercial officer. Ludwig has more than 25 years of experience in the food-processing and logistics industry. He founded Bradner Cold Storage, a multi-location logistics network in B.C. Following Bradner’s merger with Congebec earlier in 2025, he joined Congebec’s ownership group.
  • Sam Cochrane has been appointed interim CEO at AutoCanada. Cochrane moved up from his post as CFO. He replaced Paul Antony, who will transition out of his role as AutoCanada’s executive chair and a director of the company over the next year. Antony will support Cochrane and any other CEO that might be appointed. Antony’s family office remains the company’s second-largest shareholder. In conjunction with Antony’s transition, Chris Harris has been appointed chair of the board. In addition, Peter Hong will transition out of his position as chief strategy officer and legal council and, like Antony, support any person hired until December 31, 2026.
  • Canada ICI Capital Corporation has appointed Graham Collings as managing director for B.C. Collings brings more than two decades of experience to Canada ICI, most recently as executive vice-president of investments at ACM Advisors, where he spent 18 years.
  • Odyssey Retail Advisors has added four industry veterans as part of the New York-based firm’s expansion into Canada with the opening of a Toronto office. Casdin Parr, David Bishop, and Ryan McCarthy have joined the firm as executive vice-presidents, while Lesia Czech will serve as a director.
  • Richard Hylands, a leading figure in Canadian commercial real estate for decades, has joined QuadReal‘s board. Hylands is the co-chairman of Kevric Real Estate, a Montreal market leader. Kevric also has a Toronto office.
  • JLL has appointed Jillian Jackson as senior vice-president of investor services. She will oversee the execution of comprehensive capital expenditure programs for landlord clients across Canada, managing all project stages – from initial planning and advisory through completion. Jackson will work closely with JLL’s capital markets and investment management teams. Meanwhile, Nick Radford has joined the company as project development and services lead for all of Canada and Central Canada. He has 25 years of global experience managing large-scale projects and programs across many sectors, including commercial office, industrial, institutional and hotel/hospitality.
  • Tribe Property Technologies has promoted Scott Ullrich to CFO. He replaces Angelo Bartolini, who is moving into a strategic advisor role. Ullrich previously served as executive vice-president. He has been with Tribe since its 2021 acquisition of Gateway Property Management, where he was the CEO.
  • David Noel has joined Sagicor Financial as executive vice-president and COO for its Caribbean region. He moved to Sagicor from Scotiabank, where he held senior executive positions across the Caribbean.
  • Imperial Equities has appointed Adam Chadhi as COO. He will lead the development of the company’s strategy and overseeing its operational procedures and external relations activities. 
  • BGO has appointed three new senior leaders who will perform different roles nationally and regionally. Marlene Farias serves as national vice-president of sustainability and technical services. Stephen Smith has been appointed principal of commercial property and leasing for the B.C. region. And, Jeff Wilson has been named vice-president of property management for the Greater Toronto Area.
  • JLL has appointed Jonathan Peretz as managing director of national leasing. He will drive the company’s leasing strategy and performance across Canada. He will lead JLL’s efforts to achieve best-in-class results for clients. He will be responsible for strategic business development, team mentorship and the integration of new techology.
  • Nicholas Stryland has joined Spear Realty as chief operating officer and partner. He will focus on strategic growth, brokerage services and client relationships to support Spear’s continued expansion and success. Stryland brings more than 25 years of experience in various sales and management roles to Toronto-based Spear, a brokerage that specializes in Greater Toronto Area commercial real estate, particularly industrial, land, investment and development.
  • RealServus has appointed Bronwyn Smith as CEO. She assumed her new duties this week. Smith previously served as CEO of myAbode. Former president John Lusink will continue to play a strategic role with RealServus in his new role of vice-chair.
  • Starlight Investments has appointed Kristopher Wojtecki as president of its new infrastructure business line, Starlight Infrastructure Solutions. He previously served as chief operating officer at Great Gulf Group and held senior roles at PSP Investments, where he contributed to developments such as Downsview in Toronto, The Wharf in Washington, D.C., and the Seaport in Boston.
  • Jane Chan has joined Heartwood Trust as vice-president of capital and corporate development. Chan moved to Heartwood from TAS_Impact. She has more than fifteen years of experience in finance, investor relations, and strategic communications across global firms. She is a seasoned capital markets professional with a proven track record of building institutional-grade investor relations programs and leading successful fundraising strategies in both the private- equity real estate and healthcare sectors.
  • Civic transportation infrastructure firm Argo Corporation has hired Jenna Bendayan as head of business operations. Bendayan joins Argo following nearly seven years with the Ontario government, where she played a central role in delivering large-scale initiatives including infrastructure expansion, regulatory reform, and transit modernization.
  • Institutional investor SLC Management has promoted Véronique Lauzière to senior managing director and head of Canadian business development and client relationships, effective immediately. She previously served as managing director of institutional distribution.
  • John MacIntyre has moved into the role of board chair at TD Bank. In addition, Frank Pearn has joined the bank. MacIntyre had a distinguished 30-year career in capital markets. He is the partner-emeritus of Birch Hill Capital Partners, which he co-founded in 2005. Pearn formerly served as global chief compliance officer and firmwide operational risk executive for JP Morgan Chase.
  • John Teskey has joined P3 Investments as its director of private capital. He will support the firm’s national capital-raising initiatives, with a focus on distribution and investor relations in Eastern Canada, while contributing to P3’s strategic approach to capital formation. Before joining P3, Teskey was the senior vice-president of national accounts at Forstrong Global Asset Management. He has also held senior positions with IA Clarington Investments and Franklin Templeton Investments.
  • KPMG has named Geoffrey Rush Luc Jolicoeur has joined CIMA‘s board as a director. He succeeds Richard Régimbald, who had served on board since 2019. Jolicoeur has also held executive positions, on of Canada’s largest private consulting engineering firms.
  • Sandro Muzzo has been promoted to chief legal officer at Fiera Capital. He moved up from his position vice-president and general counsel for Canada.

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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.

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