Industry News

HFC prohibition dates

Quebec’s HFC prohibition dates called untimely

Proposed revisions to Quebec's halocarbon regulation could sideline some commonly used refrigerants before alternatives with lower global warming potential can feasibly be in place.
PROREIT

PROREIT completes $49.3-mill acquisition

The purchase includes six properties - five light industrial buildings in Halifax and one boutique office tower in Ottawa.
East Harbour

Cadillac Fairview acquires East Harbour project

The transaction is expected to close on September 25, 2019.
burnaby hospital

Burnaby Hospital set for $1.3B redevelopment

Burnaby Hospital will be undergoing a major $1.3 billion redevelopment. The project is one of B.C.'s largest-ever health care investments.
trade conflict bank of canada

Trade conflict impacts Bank of Canada interest rate

The next announcement on the overnight rate target is October 30, 2019.
W Toronto

W Toronto slated to open in 2020

In partnership with Larco Hospitality, the property will undergo a $40-million transformation.
Sheraton Laval

Sheraton Laval to get $13-mill renovation

The redevelopment is expected to be completed in the next two years.
entrepreneurship hub ICIE

Feds invest in Indigenous entrepreneurship hub

This Toronto-based Indigenous Centre for Innovation and Entrepreneurship will be the first business incubator of its kind in southern Ontario.
TheGalleria

First phase of Galleria on the Park revealed

Located at the corner of Dufferin and Dupont in Toronto's west end the project began in 2015.
Ontario government investing $26M towards culture and tourism attractions, including Shaw Centre

Ontario invests $26M in Shaw Centre, culture attractions

Ottawa's Shaw Centre is among the Canadian facilities to benefit from the Ontario government's plans to invest up to $26 million towards upgrading the province's culture and tourism attractions
Clarke Inc. Holloway Lodging Corporation

Holloway Lodging Corporation sold to Clarke Inc.

The sale is expected to close on September 30, 2019.
Slate Asset Management Germany

Slate expands portfolio in Germany

Since December 2016, the firm has completed a total of 14 portfolio acquisitions in Germany.
preservation facility

Construction on LAC’s preservation facility begins

Library and Archives Canada (LAC) has begun construction on its new 12,900 square-metre preservation facility in Gatineau.
R

Royal Ontario Museum opens new terrace and plaza

The Helga and Mike Schmidt Performance Terrace and the Reed Family Plaza mark the final phase of the ROM’s Welcome Project.
miniature toiletries

Hotels abandoning miniature toiletries

Switching to bulk-size amenities is the hotelier's effort to reduce plastic pollution worldwide.
Montreal property owners

Complacency could cost Montreal property owners

Proposed changes to Quebec's Act Respecting Municipal Taxation will tighten the timeline for disputing the property values ascribed to smaller apartment and commercial buildings assessed at less than $3 million.
1 Hotel Toronto Mohari Hospitality Thompson hotel

1 Hotel announces Canadian debut

1 Hotel Toronto is set to open summer 2020.