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Stafford still developing in Toronto despite condo slowdown
Stafford still developing in Toronto despite condo slowdown
While the Toronto condominium market is in a prolonged slump, Stafford’s choice of projects and the diversity of its business is enabling it to weather the storm and prepare to launch new multifamily and mixed-use developments.
Ocree Capital creates blockchain-based CRE platform
Ocree Capital Inc. has launched a Canadian regulated real estate platform utilizing blockchain, and a $51.97-million Winnipeg apartment complex is its first listing.
MEC finds buyer with textile executive set to gain control
An Ontario textile manufacturing executive and real estate investor is poised to acquire struggling outdoor retailer Mountain Equipment Co. (MEC). MEC is selling a majority stake to Tim Gu, owner of Smart Investment Ltd. and E. Star International Inc.
Ultramodern towers to replace Toronto shopping plaza
A Toronto shopping plaza built not even 10 years ago is already on the chopping block and could soon be torn down for a massive five-tower development. The property was redeveloped into a series of retail buildings in 2017.
Coworking expands across Vancouver amid pricing pressures
Globally, the number of coworking locations has grown 47 per cent since 2022 according to Avison Young. The firm said Vancouver’s premium pricing reflects high real estate costs but also its status as a major Pacific technology hub.
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Hundreds of planned condo units cancelled: Urbanation
Toronto continues to struggle with a housing crisis, as hundreds of planned new condos will never get built - though some might be resurrected as apartments. Eight projects encompassing 1,899 condos have been cancelled since the beginning of 2024, Urbanation reports.
Unsold condos piling up in Metro Vancouver: Report
Metro Vancouver’s real estate market is on track to see the highest level of unsold condo inventory in years. Rennie & Associates Realty's intelligence unit forecasts a 60-per-cent rise in the region’s unsold condo inventory by year’s end.
Ontario must encourage factory-built housing: OREA
Factory-built housing can play an important role in reducing the cost of housing in Ontario by rapidly introducing more supply, according to a report by the Ontario Real Estate Association.
Cashier-less store Aisle 24 aiming for 25 B.C. locations
Aisle 24, the fully automated, cashier-less convenience store chain, is growing in B.C. with the launch of its first location in downtown Vancouver. Master franchisee Ken Oki and a business partner are working with real estate developers to secure locations.
Canadian retailers are seeing a surge in domestic sales
The “Buy Canadian” movement is delivering promising results across the retail sector. Major retailers such as Loblaws Companies have reported a 10 per cent increase in sales of Canadian-made products and Sobey’s a decline in sales of U.S.-sourced goods.
Supply chain strategies retail is using to respond to tariffs
A new report from TradeBeyond, Managing Tariff Turbulence in Supply Chains, highlights eight strategies brands and retailers are using to mitigate the impact of tariffs including diversifying supplier bases, employing real-time scenario planning, and exploring tariff engineering.
Automated microfactory aims to transform supply chains
In an industrial building near the heart of Montreal, the future of factories is taking shape inside a 40-foot second-hand shipping container. Or at least, the future of making ice cubes. A robotic arm lowers dozens of tiny suction cups onto a tray of perfectly square, clear ice cubes.
Vancouver Island resort named one of world's best for 2025
Naturally Pacific Resort, located at 700 Petersen Rd. in Campbell River on the East Coast of Vancouver Island, was named to Travel + Leisure‘s 2025 “It List.” The list is for the 100 best new hotels of 2025.
CDPQ exceeds its climate targets ahead of schedule
The Caisse de dépôt et placement du Québec (CDPQ), one of Canada’s largest institutional investors, has exceeded its climate change targets while making significant strides toward achieving key environmental, social and governance (ESG) initiatives.
Data centre investment rests on solid energy
Canada could be well positioned to capture more data centre investment if the U.S. government continues to antagonize its trade partners. A new report from the International Energy Agency (IEA) tracks soaring power requirements to enable artificial intelligence (AI).
MSCI, Moody's launch private credit risk assessment service
MSCI and Moody’s Corp. will jointly create a first-of-its-kind solution to provide independent risk assessments for private credit investments at scale. As the private credit market continues to evolve, the need for consistent standards and better tools has become essential.
Investor's 6,300-unit apt. portfolio heads to auction
A large chunk of investor Moshe Silber’s portfolio is going up for auction while he serves a 30-month prison sentence on fraud-related charges. A creditor with control of roughly 6,300 multifamily units is planning to auction the portfolio Thursday.
Federal lease cuts drive 8M-square-foot office occupancy loss
U.S. office properties lost over eight million square feet of occupancy in Q1, halting the momentum of late 2024 when absorption went positive for the first time since 2021. The decline was driven by government lease terminations, JLL reports.
Two major Boston office projects, built on spec, mostly empty
Boston has a pair of huge office projects slated to finish construction this summer, and both remain mostly empty. Hines’ 691-foot-tall South Station Tower and Boston Global Investors' 10 World Trade tower broke ground speculatively three years ago.
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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