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Category: Commercial

Canadian Tire plans $2B investment across its retail banners

Don Wilcox Commercial Retail National Mar. 6 2025

Canadian Tire Corporation (CTC-A-T) has announced a four-year “transformative strategy” which involves $2 billion in investments in virtually all aspects of its business, and will result in store closures and realignments within several of its banners.

 

Melcor gets Firm Capital, Telsec approval for REIT takeover bid

RENX Staff Commercial REITs Edmonton Mar. 6 2025

After publicly opposing Melcor Developments’ (MRD-T) bid to take Melcor REIT (MR-UN-T) private for the past several months, FC Private Equity Realty Mgmt. Corp. (Firm Capital) and Telsec Property Corp. have done an about-turn and agreed to support the move.

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