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Capital tops off Toronto condo build, promises more development
Capital tops off Toronto condos, promises more development
Capital Developments president Carlo Timpano says the company's latest development, Olive Residences, has been topped off “shockingly fast” and will soon join its existing Azura Condominiums in the Yonge Street and Finch Avenue East area of Toronto's North York district.
 | Placemaking Perspectives The rise of pocket neighbourhoods: Lessons from Dallas for GTA suburbsCoralie OlsonManaging Partner, MASSIVart |
BoC mulls close-call rate decision amid market turbulence
The Bank of Canada is facing a tricky interest rate decision this week against the backdrop of roiling financial markets, a federal election and erratic U.S. trade policy that makes economic forecasting almost impossible.
Megaproject aims to bring urbanism to West Point Grey area
The First Nations which own the Jericho Lands are proposing a megaproject to transform the West Point Grey area into a downtown-style neighbourhood which could become the single-largest real estate development in Vancouver’s recent history.
Bit Digital acquires site for third Montreal data centre
Bit Digital has acquired an in-development data centre site in Saint-Jérôme, Qué. The site is set to be leased to Cerebras. Set on 7.7 acres, the 202,000-sq.-ft. facility will support the previously announced 5MW colocation agreement with Cerebras.
Ferrero investing $445M in Ontario manufacturing facility
Ferrero Group is spending $445 million to expand its production facility in Brantford. With $36 million in funding from the province, the upgraded facility — featuring Internet of Things and robotics — will support the production of new products.
UBC opens $139M building as hub for biomedical engineering
According to the University of British Columbia, it has Canada's first purpose-built hub for biomedical engineering. After about four years of construction, UBC officially opened the Gordon B. Shrum Building.
University of Calgary to redevelop downtown office building
An underused office tower in downtown Calgary is becoming an innovation hub for the University of Calgary’s School of Architecture, Planning and Landscape. The former headquarters of Nexen will be transformed into a 180,000-square-foot academic, teaching and research space.
Brampton program to incentivize office development
The City of Brampton will begin waiving development charges for all office builds, including mixed-use projects. The incentive was created amid growing demand for office space in a city with one of the lowest office vacancy rates in the province, which currently stands at one per cent.
GTA condo market unlikely to see demand jolt
Experts say the Greater Toronto Area condo market is unlikely to awaken from its lull soon even as other major cities see somewhat more promising demand. As GTA supply piles up, some say affordability is still a key problem.
UBC looks to further densify Wesbrook Place
Even more residents could call Wesbrook Place home over the long term, as the University of British Columbia has plans to amend the neighbourhood’s land uses to enable greater building density and height, clearing the way for 4,600 more residents.
How to build apartments fit for families
A few years ago, Edmonton councillor Michael Janz found himself scrambling to find a three-bedroom apartment for his family, in a city where only one in 13 apartments is spacious enough to accommodate more than two bedrooms.
Can Per Bank make you love Loblaws again?
CEO Per Bank is a soldier-turned-executive from Denmark who wants to aggressively expand Loblaw (L-T) while remoulding it in a more European image. To many, he’s an old-school retail guy from one of the world's most innovative grocery sectors.
Kinton Ramen to open 50+ locations across Canada
KINKA Family, owners of the Canadian Kinton Ramen chain, plans to continue its rapid expansion from its current 47 operating restaurants with 50 new locations by the end of 2025 in the GTA, western Canada and the east coast.
Frank and Oak closing most stores by May 7
Montreal-based retailer Frank And Oak has confirmed it will shutter the majority of its Canadian stores by May 7 as the company continues its court-supervised restructuring process. A total of 10 stores are expected to close.
CDPQ makes $459.3M construction loan to U.S. luxury project
Tishman Speyer secured a construction loan for the second tower in its luxury rental development on the Jersey City waterfront. The $459.3M financing from Caisse de Dépôt et Placement du Québec will be used to build 50 Hudson St.
Canadian pensions target Europe as Trump shakes up world order
Canada’s biggest pension funds increased their ownership of United States assets in recent years to tap into strong economic growth. U.S. President Donald Trump’s agenda now has some eyeing Europe as an attractive spot for capital.
Brookfield has billions riding on a PE revival in the Middle East
First came the Wall Street banks and then the global hedge funds. Now, a wave of private equity firms led by New York-based Brookfield Asset Management are also setting their sights on the oil-rich Middle East to spur deals and profits.
Peebles, partner look to raise $1.5B for office conversion projects
Real estate executive Don Peebles and private equity veteran Doug McNeely are launching an office-to-residential conversion fund. The Peebles Corp. head and the former BlackRock executive, seek to raise up to US$1.5 billion.
Nvidia to build AI servers worth up to $500B in U.S. over next four years
Nvidia said it is planning to build AI servers worth up to US$500-billion over the next four years with help from partners like TSMC, the latest tech firm to back the Trump administration’s push for local manufacturing.
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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