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Japanese firm to buy Canada's Metro Supply Chain in $2.2B deal
Japanese firm to buy Canada's Metro Supply Chain: $2.2B
Metro Supply Chain Inc., one of Canada’s largest logistics companies with over 190 sites across North America and the U.K., is being sold to Japanese firm Nippon Express Holdings in a transaction valued at up to $2.2 billion.
U.S. company to raise $100M for Ontario arms factory
U.S. defence company LeafStar Holdings LLC seeks to raise up to $100-million to build a manufacturing facility in Ontario focused on small arms that would supply the Canadian military and expand the domestic production of weaponry.
Federal gov't might have to acquire new office space
After years of talk about shedding office space, the federal government will need more work stations in some locations with public servants headed back to the office four days a week in July, according to Public Services and Procurement Canada.
Toronto condo market reports zero new projects in Q1
For the first time in three decades there were zero new condo projects launched in the Greater Toronto and Hamilton Area in the first quarter of the year, according to a new report from real estate market research firm Urbanation.
Canadian shopping centre performance trends 2023-25
New multi-year data from ICSC points to a clear shift in Canada’s shopping centre landscape. Between 2023 and 2025, retail performance has become increasingly concentrated among a small group of dominant assets, while many mid-tier properties saw modest gains.
Exhibition Place CEO unveils revised development plan
The CEO of Exhibition Place has a bold vision for Toronto’s event hub that includes ample green space with a giant park, a redesigned food building, Festival Plaza, year-round commercial vendors and pedestrian network to attract Toronto residents and visitors.
Chartwell acquires Palermo Village Retirement Residence
Chartwell Retirement Residences (CSH.UN-T) has entered into a binding agreement to acquire Palermo Village Retirement Residence, a high-quality, modern, private‑pay independent living residence located in a desirable Oakville, Ont. neighborhood.
Home buyng? You could save hundreds of thousands of $$
The same factors which combined to put for-sale housing into a deep freeze might now be combining to spur renewed buyer activity. Housing affordability isn't where it was a decade ago, but prices and overall costs are down significantly.
Alberta landlords set to compete for tenants
After a record 10,150 rental units reached completion in 2025, competition for tenants in Calgary’s primary market is set to heat up this year, said Robert LeParque, vice-president of operations at unitiiPM, whose client portfolio includes institutional landlords in Calgary.
Toronto developer pitches taller tower at 191 College
Revised plans have been submitted for 191 College St., where Unix Housing Group seeks to significantly intensify the development by replacing the previously approved 31-storey mass timber building with a conventionally-built 45-storey mixed-use rental tower.
Three rental towers up to 20 storeys proposed for Hamilton
Plans for a multitower rental development have been advanced at 416 Mohawk Rd. E. in Hamilton’s Thorner neighbourhood, where a proposal designed by KNYMH Inc. for Royal Living Development Corp. would introduce three buildings up to 20 storeys.
BILD Edmonton pushes for streamlined infill process
In Edmonton, infill housing "is under attack." Developers are concerned about a string of arsons targeting under-construction projects; and Crestwood / Glenora residents have entered into restrictive covenants to make it as difficult as possible to build infill projects.
City of Vancouver records $530-million surplus for 2025
The City of Vancouver finished the 2025 fiscal year in a solid financial position reporting a surplus of $530.4 million and continued growth in assets. The results pushed the city’s total “accumulated surplus” to nearly $11 billion.
Toronto almost defaulted on St. Lawrence Market project
The City of Toronto was days away from being unable to pay the bills for its costly St. Lawrence Market North redevelopment project, after an employee approved cost increases without proper authorization.
Bankruptcy bid adds to financial woes for B.C. developer
A B.C. developer who has already risked jail time for failing to come clean about the finances behind her lavish lifestyle now faces a possible bankruptcy order over a multimillion-dollar mortgage she guaranteed on prime property in Vancouver's Cambie Corridor.
Canadian farmland values begin to be put to the test
Canadian farmland values have climbed steadily in recent years across many of the country’s most agriculturally rich provinces, with prices closely tied to the income the land can produce. But lately, that relationship is being tested.
Ontario battery plant on track despite loss of U.S. client
The PowerCo EV battery plant in St. Thomas has lost a critical customer one year from an expected start to production. Volkswagen won't make electric vehicles at its Tennessee facility, one of two assembly plants PowerCo was to supply.
Prologis plans $2.1B in development, led by data centres
Prologis shook off geopolitical uncertainty and reloaded its development pipeline one year after a pullback in new projects. The world’s largest industrial landlord launched $2.1B of development in 2026 with data centres accounting for 62 per cent.
Developer defaults on mortgage for $3.8B Atlanta project
Webstar Technology Group bought the land along Whitehall Street between Castleberry Hill and downtown Atlanta in December, financing the $34.5M purchase with a $33.7M loan from an entity controlled by Atlanta food magnate Russell McCall.
British real estate empire quietly quitting San Francisco
From a solitary plot of land in modern-day London, the dynastic Grosvenor Group has become one of the world’s largest privately owned real estate firms over more than three centuries. Its chairman Hugh Grosvenor is the Duke of Westminster.
Industry Events
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BOMA 2026 CRE Symposium
May 07 2026
Dieppe, NB -
Western Canada Apartment Investment Conference
May 12 2026
Edmonton Convention Centre -
Edmonton Real Estate Forum
May 13 2026
Edmonton Convention Centre -
Land & Development
May 27 2026
Metro Toronto Convention Centre - North Building -
Southwestern Ontario Real Estate Forum
Jun 03 2026
RBC Place London
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