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Recent Articles
Chartwell announces $237.9M in strategic investments
Chartwell announces $237.9M in strategic investments
Chartwell (CSH-UN-T) today announced roughly $237.9 million in strategic investments across three provinces as it grows its seniors' housing development pipeline. The company is one of the most active investors in the seniors housing sector.
Occupancy permit for Evertrust's Upper Vista Welland
Upper Vista Welland — a five-storey, 226-unit condominium in Welland, Ont. that’s been undergoing reconstruction since it partially collapsed in February 2023 — has been granted occupancy approval for more than 70 residences.
Ontario can’t build homes without rebuilding its power grid
Across swaths of the GTA, primary electricity feeder lines are unable to accommodate connection requests from power-hungry customers such as large housing developments or new industrial operations. Elexicon’s main service area, including most of Pickering, Ajax and Whitby, stands out.
Gordie Howe bridge ribbon-cutting today, without the U.S.
A celebration marking the opening of the Gordie Howe International Bridge between Ontario and Michigan is underway. Canada is celebrating alone due to the latest tariff threats from the U.S. The $6.4-billion bridge is set to open on Monday.
Vancouver approves $3.5 billion capital plan
Vancouver city council has approved the 2027–2030 Capital Plan, a $3.5 billion investment in renewing infrastructure and public amenities. The four-year Capital Plan represents one of the most infrastructure-focused investment plans in the city’s history.
Burquitlam emerges as Metro Vancouver hotspot
From a real estate development standpoint, there are few areas in B.C. that are like Burquitlam. The list of developers with recently-completed, ongoing or planned projects in the area reads like a who’s who of Metro Vancouver developers.
B.C. developers suing presale buyers who are backing out
Presale condo buyers in Metro Vancouver are facing major losses as property values fall below their purchase prices. Some are walking away from contracts, risking lost deposits and lawsuits from developers seeking additional damages.
Toronto subway extension project crosses milestone
The Yonge North Subway Extension project has reached an important milestone with the completion of excavation work for a launch shaft where tunnel boring machines will soon begin an over six-kilometre journey to extend the Line 1 Yonge–University subway.
Montreal's historic Villa Maria estate up for sale
VIDEO: The Congregation of Notre-Dame says the sale of the property is contingent on two conditions: relocating the 100 or so sisters living on the premises and obtaining a thorough analysis of the future of Villa Maria College.
Brunswick Square sees revival with Clarke acquisition
The new owners of Brunswick Square in Saint John say they are ready to invest to revive its retail space. Ravelin REIT — the former owner of Brunswick Square — was acquired by Halifax-based real estate firm Clarke Inc. two months ago.
Plaza Retail REIT announces change of auditor
Plaza Retail REIT has appointed Ernst & Young LLP as its new external auditor following a comprehensive request-for-proposal process. KPMG LLP will remain the trust’s auditor through its review of Plaza’s consolidated interim financial statements for the quarter ending June 30.
CRE sector stabilizing, Avison Young report finds
Commercial real estate company Avison Young says the sector is showing signs of stability across Canada at the midway point of the year as enthusiasm tempers, but new tariffs announced by the U.S. this week could be factor to watch.
Vancouver delays data centre decision until after election
One of two highly controversial proposals from a partnership between local developer Westbank and telecommunications giant Telus to build major AI data centres in Vancouver will not be decided by Vancouver City Council this month.
Vital Infrastructure acquires New York health hub
Vital Infrastructure Property Trust (VITL-UN-T) has aquired the East New York Health Hub, a high-quality, 142,249-square-foot, seven-storey, purpose-built medical outpatient facility in Brooklyn, New York for a purchase price of $126.7 million.
Dutch engineering firm Arcadis confirms $5B bid from WSP
Dutch engineering consultancy group Arcadis has received a second unsolicited takeover bid from Canadian peer WSP Global. The board unanimously rejected a first offer of US$55.23 (€48.5) per share.
NYC landlords sue to invalidate rent freeze
A group of New York City landlords sued to void a rent freeze approved in June, arguing that Mayor Zohran Mamdani improperly influenced the Rent Guidelines Board’s vote and ignored evidence of rising operating costs for building owners.
Industry Events
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Canadian Apartment Investment Conference
Sep 09 2026
Metro Toronto Convention Centre, North -
RealREIT
Sep 16 2026
Metro Toronto Convention Centre, North -
Winnipeg Real Estate Forum
Sep 17 2026
RBC Convention Centre, MB -
BOMEX Ottawa 2026
Sep 22 2026
to Sep 24 2026
Rogers Centre Ottawa -
Québec City Real Estate Forum
Sep 29 2026
Québec City Convention Centre
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