Canada
All Hudson’s Bay Stores Facing Closure
The Hudson’s Bay Company plans to close all of its stores after failing to secure the necessary f...Read more
Bird Secures $470M in Contracts Across Canada
Bird Construction has been awarded five major-project contracts with a combined value of approxima...Read more
Halifax Industrial, Apartment Vacancies Continue to Rise
Halifax industrial and apartment vacancy rates continued to climb in 2024, according to a report fr...Read more
Investment Giant Sagard to Sell 5% Stake to GBL
Sagard is selling a 5% stake in the company to Groupe Bruxelles Lambert (GBL) in a deal valued at U...Read more
Erskine-Smith Retains Housing Minister Role in Carney Cabinet
Nate Erskine-Smith has retained his role as federal housing minister in new Prime Minister Mark Car...Read more
People & Companies News for Week Ending March 14, 2025
Macky Tall has been appointed chair of the Canada Infrastructure Bank. He is a former partner and ...Read more
Retail Outperforming Other Asset Classes: JLL
Retail properties are demonstrating the most resilience as Canada’s commercial real estate market...Read more
Northvolt Montreal Battery Plant Project in Doubt
The future of a planned Montreal-area EV batter manufacturing plant is in doubt after its owner Nor...Read more
Tariffs Erode U.S. Market Sentiment, Fuel Volatility
U.S. President Donald Trump's tariffs policy is not just wreaking havoc in Canada. It is also havin...Read more
BoC Reduces Overnight Interest Rate to 2.75%
The Bank of Canada cut its key overnight interest rate by 25 basis points on Wednesday, citing moun...Read more
Couche-Tard Calls for Update on Latest 7-Eleven Takeover Proposal
Alimentation Couche-Tard is calling for an update from 7-Eleven’s parent company on its proposal ...Read more
BoC Expected to Make Another Interest Rate Cut
Economists expect the Bank of Canada (BoC) to deliver another interest rate cut on Wednesday as the...Read more
Former Laval Prison to Become Multi-Family Project After Ownership Transfer
The federal government is transferring ownership of a former prison in Laval, Que., for the purpose...Read more
Couche-Tard Begins Takeover Talks with 7-Eleven Parent
Japan’s Seven & i Holdings announced Monday that discussions have begun with Alimentation Cou...Read more
Carney Prepares to Become PM, Fight U.S. Tariffs
Mark Carney is preparing to take the reins as prime minister after winning the Liberal leadership i...Read more
HBC Expected to Close Several Stores Amid Restructuring
The Hudson's Bay Company is expected to close several locations as part of a restructuring effort d...Read more
Canadian CRE Has Plenty to Celebrate on International Women’s Day
Canadian commercial real estate has plenty to celebrate as another International Women's Day passes...Read more
CIB $100M Loan to Enoch Advances $1B Mixed-Use Project
The Canada Infrastructure Bank (CIB) has finalized a $100-million loan to Enoch Cree Nation, suppor...Read more
Parkland Strategic Review Could Lead to Sale
Parkland Corporation has launched a strategic review that could result in a sale of the company. ...Read more