Canada

BoC Holds Key Rate Again, Watches for Potential Hike
The Bank of Canada left its key overnight lending rate unchanged at 2.25% on Wednesday, while warni...Read more
Hudson’s Bay Company’s Collapse Driving Canadian Retail Reset
The Hudson Bay Company's collapse is driving a Canadian retail real estate reset, says a new Cushma...Read more
Deloitte Acquires Infra Real Estate Consultancy Tjene
Deloitte Canada has acquired Tjene, a Toronto-based infrastructure and real estate technology consu...Read more
Alberta, Feds Waive Further Impact Assessments on Mihta Askiy Data Centre Project
The federal and provincial governments have waived requirements for additional impact assessments o...Read more
Industry Veteran Roome to Take Helm at Concert Properties
Concert Properties has appointed Catherine Roome as president and CEO, effective May 26. Roome's...Read more
U.S. Breakfast Chain Eggslut to Open First Canadian Location in Toronto
U.S.-based breakfast chain Eggslut will open its first Canadian location in the heart of downtown T...Read more
Real Acquisition of Remax to Span Thousands of Canadian Franchisees, Agents
Thousands of Remax Canadian franchisees and brokers are slated to be part of Real Brokerage's acqu...Read more
Carney to Launch Canada’s First Sovereign-Wealth Fund
The federal government is set to launch Canada's first sovereign-wealth fund, Prime Minister Mark C...Read more
Feds, City Partner on Building 3,000 Mixed-Income Homes in Ottawa
The federal government and the City of Ottawa have partnered to build up to 3,000 new mixed-income ...Read more
SmartStop’s Canadian Investment Head Expects Institutional Investor Appetite for Self-Storage to Continue
Domestic institutional investors and private capital are expected to maintain strong interest in Ca...Read more
Economists Expect BoC to Hold Overnight Rate Again
The Bank of Canada is expected to keep its overnight rate unchanged at 2.25% on Wednesday and throu...Read more
Canada’s Multi-Family Fundamentals Cooling as Population Declines
Canada’s multi-family market is showing clear signs of cooling as population declines and economi...Read more
People and Companies News for Week Ending April 24
Heidi O’Neill has been named the next CEO of Lululemon, bringing more than three decades of ex...Read more
Lululemon Tags Former Nike Exec O’Neill as Next CEO
Lululemon has appointed former Nike executive Heidi O’Neill as its next CEO after her predecessor...Read more
Feds Invest $23M in EV Battery Production R&D Hub
The federal government is investing $23 million in a Siemens Canada EV battery-production research ...Read more
Construction-Site Decarbonization Efforts Spell Competitive Advantage: PCL
A new industry report says construction-jobsite emissions could be cut by as much as 75% through pr...Read more
Tide Shifting in Canadian Office Real Estate Market: Colliers
Canada’s office vacancy rate is expected to return to pre-pandemic levels by 2029, as improving t...Read more
OMERS to Make $10B Worth of New Canadian Investments
The Ontario Municipal Employees Retirement System plans to add at least $10 billion in new Canadian...Read more