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GrandBridge invests in solar energy provider VCT Group

1 week ago

GrandBridge invests in solar energy provider VCT Group

Kitchener, Ont.-based solar energy solution provider VCT Group has received an undisclosed strategic investment from GrandBridge Corporation that will support the company’s growth and enable it to repay outstanding debt.

Waterloo region's water crisis is a cautionary tale

For seven months, Waterloo Region has been embroiled in a costly crisis. The crux: Lack of water. The regional municipality paused all water servicing agreements for proposed construction projects, resulting in a loss pegged at $500M in frozen proposals.

Vancouver set to build 4 towers on Kingsway motel site

A Kingsway motel built at the height of car culture in North America is expected to move closer to demolition as the City of Vancouver considers a proposal to replace it with four towers featuring 863 rental units.

Vancouver office tower plan shifts to hotel, condos

Reliance Properties and Hines are proposing to redevelop 1166 West Pender St. in Vancouver with a mixed-use tower featuring a hotel and condominiums, replacing a stalled office project amid changing market conditions.

High-density neighbourhood plan for Van. brewery site

Vancouver City Council has unanimously approved the first key steps for a major land use change that could eventually allow the former Molson Coors brewery site to be transformed into a high-density, mixed-use neighbourhood.

Wildflowers by Mattamy Homes: Designed for the way you live

Discover the return of Wildflowers to Kitchener, a neighbourhood that blends urban vibrancy with suburban embrace to create a lifestyle of adventure.

Sponsored by: Mattamy Homes

Historic downtown Edmonton theatre sold via the courts

A bit under a year after being placed under receivership, the historic Paramount Theatre in downtown Edmonton has officially been sold via a court-ordered sales process, according to filings in the Court of King’s Bench of Alberta. 

Entertainment complex and hotel proposed for Ottawa

A proposed new tourist destination in Ottawa’s west end is looking to make a splash with tourists and residents, featuring a hotel and an indoor water park with slides that “exit and re-enter” the building.

Moxy Ottawa Downtown hotel opens in Byward Market

Located at 126 York St. in the heart of Ottawa’s iconic ByWard Market district, Moxy Ottawa Downtown introduces a bold new hospitality experience designed for the next generation of travellers – playful, social, energetic and undeniably fun.

RONA acquires 5 Atlantic Canadian stores, delivery centre

RONA Inc. is bringing five Atlantic Canadian stores and a regional delivery operation under direct corporate ownership, less than two-and-a-half years after selling three of the locations to Halifax-based Terraine Capital. 

SmartStop adds first Canadian-managed storage facility

SmartStop Self Storage REIT (SMA-N), an owner and operator of self-storage facilities in Canada and the U.S., announced it will manage an 80,910-square-foot self-storage facility in Aurora, Ont., marking its first-ever third-party management contract in Canada.

Fears are widespread about data centre impacts: poll

In a Leger poll, 81 per cent of respondents said they are concerned about the prospect of data centres leading to spikes in their household electricity bills. A similar share, 79 per cent, said they worry about the environmental impacts.

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OpenAI targets Savannah for $20B data centre

A year after OpenAI CEO Sam Altman expressed concerns about the possibility of an artificial intelligence bubble, the firm that created ChatGPT is planning to pump more than US$20B into a new 3.2-gigawatt data centre near Savannah. 

Prologis wins Segro backing for $18.7B takeover

Prologis Inc. is set to acquire the U.K.’s largest landlord Segro Plc after securing the recommendation of its board for an improved US$18.7 billion cash-and-share offer for the company.

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