Canada

Carney Touted as Possible Successor to Trudeau
Brookfield Asset Management executive Mark Carney is seriously contemplating a run for Liberal Part...Read more
Five More Downtown Calgary Office Conversions to Complete in 2025: Official
Five more downtown Calgary office-building conversions will be completed in 2025, according to a ci...Read more
Quebec Launches Public Short-term Rentals Registry
The Quebec government has launched a new public registry short-term-rentals registry to combat ille...Read more
CPPIB to Sell Stake in North American Logistics JV
The Canada Pension Plan Investment Board says it expects to realize US$2.2 billion in net proceeds ...Read more
Three New St. Louis Bar & Grill Locations Open in GTA
St. Louis Bar & Grill has expanded its presence in the Greater Toronto Area with the opening of...Read more
People & Companies News for Week Ending January 3, 2025
Hopewell Development has promoted Phil Brown to senior vice-president of acquisitions and leasing....Read more
Slate Office REIT Internalizes Management Early, Rebrands
Slate Office REIT has internalized its management ahead of schedule and rebranded as Ravelin Proper...Read more
Erskine-Smith Sworn in as Federal Housing Minister
Prime Minister Justin Trudeau appointed Nathaniel (Nate) Erskkine-Smith as the new federal housing ...Read more
Canada’s Cost of Capital Crisis Finally Abating: Morassutti
Optimism has returned to Canada's commercial real estate market and the industry can expect greater...Read more
Vancouver CRE Investment Increases 21% YoY
Vancouver’s commercial real estate (CRE) investment has increased 21% from this point in 2023, sa...Read more
People & Companies News for Week Ending December 20, 2024
Karen Yolevski will join home-inspection firm Carson Dunlop as CEO on January 6. Yolevski has resi...Read more
New Federal Housing Minister to be Named Friday
Prime Minister Justin Trudeau will name Nathaniel Erskine-Smith as the new federal housing minister...Read more
Carney Remains in Brookfield Asset Management Roles
Mark Carney is not giving any indication publicly that he is willing to relinquish his leading role...Read more
CAPREIT, Subsidiary ERES Complete $1.8B Worth of Asset Sales
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) and its subsidiary European Re...Read more
CDPQ Invests US$240M in Tech, Energy-related RE Owner TerraPact
The Caisse de dépôt et placement du Québec (CDPQ) has agreed to provide US$240 million in senio...Read more
Feds Earmark Another $15B for Data Centre Development
The federal government has earmarked another $15 billion for data-centre development. The commit...Read more
Starlight Acquires Second Build-to-Rent Project in Leeds
Starlight Investments has announced the acquisition of its second build-to-rent (BTR) development i...Read more
Freeland Resigns as Finance Minister; Housing Minister Fraser to Leave Politics
Finance Minister Chrystia Freeland resigned Monday, marking a major shake-up in Prime Minister Just...Read more
Toronto Office Vacancy to Peak in 2025; Market Anticipated to Recover in 2026: CBRE
Toronto's office market is expected to see vacancy rates peak in early 2025, with a gradual recover...Read more