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Desjardins funds acquire KingSett's 70 York office tower in Toronto
Desjardins funds acquire KingSett's 70 York office tower
EXCLUSIVE: Desjardins’ DGAM Canadian Private Real Estate Fund and the Desjardins Group Pension Fund have teamed up to spend $134.6 million to buy the 70 York St. office tower in downtown Toronto from the KingSett Senior Mortgage Fund.
NIA finds $126B of infra in ‘poor or very poor condition’
Tasked with figuring out just where Canada’s housing enabling infrastructure stands, the Canadian Infrastructure Council has published the country’s first National Infrastructure Assessment (NIA) report and the findings show there’s significant room for improvement.
Ford government to take control of RECO on Monday
The Ontario government is appointing an administrator to oversee the Real Estate Council of Ontario (RECO) in the wake of the iPro scandal, which raised widespread concerns about the regulator’s ability to protect consumers from theft and fraud.
Keltic lists Burnaby project despite development approval
Vancouver-based real estate developer Keltic Canada Development Co. Ltd. has put the prominent REVS Bowling site in Burnaby on the market less than three years after acquiring the site, despite receiving approval for a multi-tower redevelopment project earlier this year.
Rogers Sugar delays project at aging Montreal factory
Rogers Sugar Inc. is pushing back completion of a $300-million modernization project at its aging Lantic refining factory in Montreal as growth in demand for the sweet stuff in Canada tapers off to more historic levels.
Lib makes its first foray into Ontario, opens in Kanata
Lib Kanata, located in Ottawa's western outskirts, introduces a modern and versatile solution for people aged 55 and over, a new way of living beyond the traditional seniors' residence model. EMD-Batimo launched its first Lib complex outside Quebec yesterday.
Developer adds 10-storey building next to highrises in Halifax
The Rouvalis family is planning a highrise development they call The Promenade Robie South, blocked in by Robie, College and Carlton streets. The previous plan was for 28- and 29-storey towers adjacent to a collection of restored heritage buildings.
Condos were king in Toronto. Will they ever come back?
Toronto’s condo industry has come to a screeching halt, after years of record high prices and sales, and cranes stretching across the skyline. Can anything save the condo? Is it even worth saving? You were buying, not a condo, but the promise of one.
Walmart to anchor Hamilton’s Lime Ridge Mall
Walmart Canada is preparing to make one of its most significant investments in Hamilton, with plans to open a 140,000 square foot Supercentre at Lime Ridge Mall by early 2027, a property once anchored by Sears Canada.
Devimco and FTQ announce Food Court at metro station
Groupe Devimco, in partnership with the Fonds immobilier de solidarité FTQ, announced a new food court at the Longueuil–Université-de-Sherbrooke metro station marking a significant milestone in the ongoing transformation of downtown Longueuil.
Home Hardware marks western expansion milestone
Home Hardware Stores Ltd. is marking what it calls a major step in its Western Canadian expansion with the opening of its first Winnipeg location this week. The company says the Winnipeg South Home Hardware is 30,000 sq. ft.
Pop Mart enters Canada with multi-store launch strategy
The Pop Mart expansion in Canada is officially underway with the opening of the company’s first store at CF Richmond Centre near Vancouver. The launch marks the beginning of a multi-phase entry into the market for the Beijing-based collectibles company.
Almost half of B.C. restaurants struggle, many risk closure
Data collected from establishments by the British Columbia Restaurant & Foodservices Association shows 45.6 per cent of restaurants are struggling. While 7.6 per cent of restaurants said they’re thriving, another 7.6 per cent said they may close.
Buy Canadian to be tested this Black Friday
Shoppers are heading into the holiday spending season eager to buy Canadian, a sentiment the Business Development Bank of Canada says could provide a $13-billion boost to the country’s gross domestic product.
Canada reports Q3 GDP growth of 2.6%, avoids recession
Canada’s economy grew at a much faster pace than expected in Q3 as crude oil exports and government spending boosted overall economic activity, even as business investments and household consumption disappointed, data showed on Friday.
Economic Outlook: The good, the bad, the downright scary
As we limp through the remainder of 2025 — one of the most economically hair-raising years in recent history — our economics team members already have their eyes firmly on what’s coming in 2026, from trade and markets to defence and manufacturing.
Hudson’s Bay U.S. arm sued by Cadillac Fairview
Cadillac Fairview Corp. Ltd. is suing a U.S. company tied to Hudson’s Bay Co. looking to recoup more than $75 million in losses related to damages resulting from the closing of three Saks Fifth Avenue stores.
Cain, OKO to obtain $630M refi for Miami tower
A joint venture between Cain International and OKO Group will secure a US$630 million refinancing CMBS loan for 830 Brickell Plaza, a 650,148-square-foot office tower in Miami, according to a Fitch Ratings report.
U.S. industrial: Policy shifts boost reshoring, vacancies rise
New U.S. tax incentives are supporting onshore investment amid cooling rent growth and rising vacancies, according to Yardi Matrix data. Federal policy is giving the industrial sector a new tailwind as growth moderates.
Hong Kong police raid company linked to Wang Fuk Court fire
Police in Hong Kong on Thursday raided a construction company responsible for renovations at a public housing estate that was engulfed in a huge inferno which killed at least 65 people and injured dozens. Hundreds are still missing.
Industry Events
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Québec Apartment Investment Conference
Feb 04 2026
Palais des congrès de Montréal
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BUILDEX Vancouver
Feb 11 2026
to Feb 12 2026
Vancouver Convention Centre West
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Real Capital
Feb 24 2026
Metro Toronto Convention Centre North
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Vancouver Real Estate Forum
Mar 31 2026
to Apr 01 2026
Vancouver Convention Centre West
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Montréal Real Estate Forum
Apr 14 2026
to Apr 15 2026
Palais des congrès de Montréal
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