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Category: Commercial

StorageVault to acquire 15 facilities for $100M

RENX Staff Commercial Self-Storage Ontario Mar. 4 2021

StorageVault Canada says it has agreements to acquire 15 additional locations from seven vendors in three provinces for a total of $100 million. The Toronto-based firm says seven of the properties are in Ontario, two in Saskatchewan and six in

How low can rates go: Navigating a long-term low rate environment

Lori Sartor and Eric Haslett Commercial Strategy National Mar. 4 2021

In March 2020, at the outset of the COVID-19 pandemic, the Bank of Canada reduced the prime interest rate from 1.75 per cent to 0.25 per cent. This marked its lowest point since it dropped to this rate in 2009.

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