Industry News

Canada's three largest cities

Canada’s three largest cities picked to thrive

Toronto, Vancouver and Montreal are among 30 global metropolises deemed well positioned to draw investment and sustain a robust real estate market for the long term.

Construction starts on tallest Kelowna towers

Construction has started on One Water Street, featuring what will be the two tallest towers in Kelowna, standing at 36 and 29 storeys high.
gender diversity insight for investors

Gender diversity insight for investors unveiled

Since only publicly traded entities are part of the analysis, many of Canada's largest real estate players are excluded. However, other criteria to qualify would eliminate several of them anyway.

BOMA BC president Paul LaBranche to retire

BOMA BC president Paul LaBranche has announced his retirement. Under his leadership, BOMA BC has spearheaded innovative programs.

Expansion underway at McArthurGlen Designer Outlet Vancouver Airport

A construction project at McArthurGlen Designer Outlet Vancouver Airport will additional retail space and up to 35 new luxury brands.
low-carbon innovation

Ontario offers funds for low-carbon innovation

Ontario-based companies and organizations will have until May 7, 2018 to submit their concepts to the newly announced GreenON Challenge.
small tax perk for businesses

Small tax perk for businesses extended to 2025

Claimants gain five more years of accelerated deductions on the capital cost of qualifying renewable energy systems and energy conserving equipment.
downtown Toronto

Crown and Crestpoint buy downtown Toronto city block

Crown Realty Partners and Crestpoint Real Estate Investments Ltd. acquired the Dundas-Edward Centre office complex in downtown Toronto.

BMO opening high-tech campus in CF Toronto Eaton Centre

BMO is transforming a four-storey space at CF Toronto Eaton Centre into an urban campus that will also repurpose part of the old Sears Canada store.
GBCI Canada

GBCI Canada opens in second largest market for LEED

GBCI and the CaGBC have formed GBCI Canada to accelerate green building market transformation and impact in Canada.

New office building to anchor urban centre in Vaughan

A mixed-use headquarters for the Labourers' International Union of North America Local 183 will break ground in The City of Vaughan this fall.
office tower

The HUB office tower to rise on Bay Street

Oxford Properties is developing a new 1.4-million-square-foot office tower at 30 Bay Street.
energy efficiency

New industrial rebates for energy savings in Alberta

Alberta has added several industrial-specific rebates to its Energy Efficiency Alberta’s Business Non-Profit and Institutional Energy Savings Program.
Smart Building Analytics Living Lab

First Smart Building Analytics Living Lab to open at Ryerson

Schneider Electric Canada has partnered with Ryerson University to build the Smart Building Analytics Living Lab, the first laboratory of its kind in Canada.
Reliance Burrard Place

Reliance Properties break ground on Burrard Place

The Offices at Burrard Place by Reliance Properties has officially broken ground. It will be the first major office building to complete in the next cycle.
Penguin Pick-up

SmartCentres, Penguin, Revera form partnership

SmartCentres Real Estate Investment Trust, the Penguin Group of Properties, and Revera Inc. recently announced that they are entering into a joint venture to develop new retirement living residences throughout Canada.
thermal energy

The Well to anchor thermal energy system expansion

The Well will anchor the expansion of Enwave’s deep lake water cooling and hot water distribution networks with the installation of a below-grade thermal energy storage facility.