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Ontario the lone province to see lower construction costs
Ontario the lone province to see lower construction costs
Construction costs remain elevated following pandemic-related supply chain disruptions that sent prices soaring, but slowing activity in Ontario has allowed that province to buck the ongoing national trend.
Tenants are active in Ottawa-area industrial market: Avenue 31
The phone is ringing at Ottawa developer Avenue 31, which is continuing to move forward with projects across Eastern Ontario which will eventually comprise millions of square feet of development.
Stock markets continue nosedive in response Trump’s tariffs
Global markets continued their downward spiral Friday as China retaliated against U.S. President Donald Trump’s escalating trade war with tariffs of their own. Canadian and U.S. stock markets opened Friday morning in a freefall.
How badly will U.S. tariffs hit London-area manufacturers?
Tariffs landed with a thud in Ontario’s industrial heartland Thursday, shuttering one major automaker and spreading uncertainty among smaller automotive parts suppliers across the London area. Smaller industries in London are nervous.
Stantec bolsters North American reach with Page acquisition
The Edmonton-based AE firm Stantec (STN-T) has signed a definitive agreement to acquire Page, a 1,400-employee AE firm headquartered in Washington D.C. The acquisition, once completed, will make Stantec the industry’s second-largest AE firm in North America.
Rogers finalizes $7B infra sale to Blackstone, pension funds
Rogers Communications (RCI-B-T) has struck a definitive agreement to sell a minority stake in its wireless infrastructure for $7-billion to a consortium led by New York-based Blackstone that also includes four of Canada’s largest pension plans.
AIMCo posts 12.3% return after board and CEO purge
Alberta Investment Management Corp. (AIMCo), the provincial pension and endowment manager whose board and CEO were purged in November, posted a 12.3 per cent return for the year ended Dec. 31.
Fewest CRE transactions in a decade for Vancouver in 2024
In aggregate, commercial transaction volumes in B.C.'s Lower Mainland finished 2024 at the lowest level recorded in over a decade. Commercial real estate transactions totalled 1,442 in 2024, a seven per cent decrease from 2023.
Vancouver, Saskatoon lead development cost charges
Data from Altus Group shows that Vancouver has the highest development costs charges for highrise development in the country at $157 per square foot (based on an 800-square-foot apartment). This is more than seven times that of Calgary.
Port Moody approves twin 39-storey towers
Twin 39-storey rental towers will rise in downtown Port Moody. Council passed third reading of several amendments to the city’s zoning and official community plan bylaws that will allow the project, by Vancouver-based PCI Developments, to proceed.
Victoria considers redevelopment plan for Blanshard Street
Victoria council will consider a plan that could see nine new buildings — including a 20-storey tower — replace the 23 buildings of affordable housing spread along two blocks of Blanshard Street.
Adera's SmartWood in spotlight at Kestrel housing dev.
Adera Development Corporation’s newest stacked townhome community, Kestrel in West Coquitlam, will be constructed out of a sustainable material developed by the Vancouver-based company which it believes is the future of the industry.
Major DT Vancouver closures suggest ‘dire’ retail outlook
Two massive retail locations at the most accessible and central intersection in B.C. will soon be empty. The already-vacant former Nordstrom footprint and the soon-to-be vacated Hudson’s Bay flagship store in downtown Vancouver cast a dire business outlook.
Tariff uncertainty an opportunity for B.C.’s modular industry?
OPINION: A tariff war may be the spark British Columbia needs to boost one of its homegrown industries. That’s the position taken by modular-housing builders throughout the province whose factories are operating far below capacity.
Maverick Awards features 2 'transformational' projects
The second edition of the Maverick Awards are recognizing an aspiring net-zero residential development, a leader in sustainable building leadership, and feature a tie for top spot in the “Transformational” category.
CN Tower tower turned 50 this week, here’s how it came to be
What would the Toronto skyline be without the CN Tower? For 50 years, it has been a focal point of the city, an enduring beacon that thrills visitors and residents alike.
Tariffs unleash market turmoil, pricing fears and worry about frozen deals
The Trump administration’s most drastic implementation of tariffs to date ushered in a day of chaos for commercial real estate as markets roiled, price fears peaked and stakeholders openly worried that sticker shock could paralyze deals, leasing decisions and projects.
New wave of tariffs expected to rock U.S. retail
President Donald Trump accelerated a global trade war this week in a move that's expected to dramatically disrupt the U.S. retail industry, a major user of commercial real estate.
Industrial’s new groove: gradual growth and tariff talks
The U.S. commercial real estate market has seen some unprecedented shifts, but industrial has kept one of its core prerogatives: The unabated evolution toward the Holy Grail of immediate delivery.
‘Dubai of Brazil’ takes aim at world’s tallest residential tower
The beachside town of Balneario Camboriu, dubbed the “Dubai of Brazil” for having the country’s tallest buildings and most expensive real estate, is now taking aim at the title of world’s highest all-residential tower.
Industry Events
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Edmonton Real Estate Forum
May 27 2025
Edmonton Convention Centre
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Land & Development
Jun 05 2025
Metro Toronto Convention Centre - North Building
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Southwestern Ontario Real Estate Forum
Jun 11 2025
to Jun 12 2025
RBC Place London, Ontario
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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