Canada
People & Companies News for Week Ending January 24, 2025
RE/MAX Integra co-founder Walter Schneider has been appointed as an officer of the Order of Canada...Read more
Economists Expect Another BoC Interest Rate Cut
Economists and commercial real estate analysts expect the Bank of Canada (BoC) to deliver another i...Read more
Toronto’s Rent Growth Lags Behind Other Major Markets: CMHC
A record number of condominium completions in Toronto contributed to the market's rent-growth slowd...Read more
Surrey Creates New Industrial Zone in Cloverdale Area
Surrey city council has essentially created a new industrial development zone by approving a local ...Read more
QuadReal, Realstar Purchase Birmingham Build-to-Rent Development
QuadReal and Realstar have announced the acquisition of Allegro, a build-to-rent (BTR) development ...Read more
Amazon Canada to Close All Seven Quebec Warehouses
Amazon Canada has announced plans to close all seven of its Quebec warehouses in coming weeks. T...Read more
Primaris to Acquire, Divest $724M Worth of Retail Assets
Primaris REIT has agreed to buy and sell $724 million worth of retail assets, including interests i...Read more
McCourt Partners with O’Leary on Wonder Valley Data Centre Project
McCourt Global and O’Leary Ventures to accelerate the development of the proposed Wonder Valley A...Read more
B.C. Government Launches Short-term Rental Registry
The B.C. government is introducing a new short-term rental (STR) accommodation registry in an effort...Read more
Canadian Apartment Rent Growth Falls to 5.4% in 2024: CMHC
Canada’s rental-apartment market saw a notable slowdown in rent growth in 2024, says a new Canada...Read more
Trump Holds Off on Threatened Tariffs on First Day
New U.S. President Donald Trump held off on imposing threatened 25% tariffs on Canada as he took of...Read more
Rental Projects Spur Rise in Canadian Housing Starts in 2024: CMHC
Multi-family rental projects sparked a 2% rise in Canadian housing starts in 2024, says a new Canad...Read more
Brokerage Firms Anticipate Large Toronto Office Lease Deals in 2025: Globe
Commercial real estate experts anticipate that Toronto's troubled office market will benefit from l...Read more
More Canadian Investors Looking to Transact Soon: Altus
Canadian commercial real estate (CRE) investors are increasingly looking to transact in the near te...Read more
Manufacturers Seek Investment Incentives as Trump Tariffs Loom
Canadian manufacturers are calling on the federal government to introduce investment incentives and...Read morePeople & Companies News for Week Ending January 17, 2025
Mark Carney has resigned from Brookfield Asset Management, officially beginning his quest to becom...Read more
Carney Resigns from Brookfield Asset Management, Enters Liberal Race
Mark Carney resigned from Brookfield Asset Management on Thursday as he officially began his quest ...Read more
Verillium to Acquire 42 Wellwise by Shoppers Stores
Verillium Health Care has agreed to acquire 42 Wellwise by Shoppers locations from Shoppers Drug Ma...Read moreCarney Launching Quest to Become Next PM on Thursday: Reports
Brookfield Asset Management executive Mark Carney will officially launch his quest to become Canada...Read more