Industry News

CIBC Square

CIBC Square begins to rise on Bay Street

Work has begun on CIBC Square, a major office development expected to boast the largest floor plates in downtown Toronto once it’s completed.
The Esplanade

Allied acquires 56 The Esplanade in Toronto’s St. Lawrence Market area

Allied Properties Real Estate Investment Trust has acquired 56 The Esplanade in Toronto for $60 million.
Top 10 Endangered Places

National Trust unveils Top 10 Endangered Places for 2017

Heritage treasures from British Columbia to Nova Scotia are featured on the National Trust for Canada’s Top 10 Endangered Places List for 2017.
Whole Foods

Amazon buying Whole Foods Market for $13.7-bil

Amazon is buying Whole Foods Market for US$13.7 billion in a giant leap of a deal that pushes the Internet retailer further into the grocery business.

Planning and design starts for Oakridge site

Planning and design have started for a retail, office and residential redevelopment of the 11.5-hectare (28.5-acre) Oakridge Centre site on West 41st Avenue in Vancouver.
LEAP Awards

HOOPP LEAP Awards honour environmental leadership

HOOPP recently handed out its sixth annual LEAP Awards to honour property managers and tenants across Canada for leadership in sustainability initiatives.
Caledon Capital Management

CBRE to acquire Caledon Capital Management

CBRE Group, Inc. will be acquiring Caledon, a Toronto-based investment management business.
energy savings

Toronto buildings on track to energy savings

Toronto's commercial buildings have once again been designated as a course to energy savings in a new iteration of the conservation challenge, race2reduce.

Algoma Central Properties sells Delta Sault Ste. Marie Waterfront Hotel & Conference Centre

Algoma Central Properties Inc. has sold the 195-key Delta Sault Ste. Marie Waterfront Hotel & Conference Centre to a private domestic buyer.
mercury-containing lamps

Proposed bill on mercury-containing lamps debated at Senate committee

Members of the Senate of Canada recently debated Bill C-238, which calls for a national strategy for safely disposing mercury-containing lamps.
Ontario peak electricity price

Ontario peak electricity price fails to shock

Ontario's recent electricity price adjustments have narrowed the gap between the on-peak and off-peak rates, while stretching the mid-peak to on-peak range a little farther apart.
WELL Certification

CBRE first in Vancouver to earn WELL certification

CBRE’s Vancouver office is the first in the city to receive WELL Certification.

Concert’s David Podmore retires as CEO

David Podmore has announced his retirement as CEO of Concert Real Estate Corporation. Effective June 2, 2017, Brian McCauley assumes the role of president and CEO for
Kiko Water Systems

Kiko Water Systems wins Green Building Product of the Year

CaGBC presented Kiko Water Systems with the 2017 CaGBC Green Building Product of the Year Award for their Water Systems Cartridges.
Zero Carbon Building Standard

CaGBC launches Zero Carbon Building Standard

To help meet Canada’s climate change commitments, the Canada Green Building Council has launched the country’s first Zero Carbon Building Standard.
Miller Thomson

Miller Thomson opens legal knowledge centre in Vancouver

Canadian business law firm Miller Thomson has completed the build out of a new, multimillion dollar legal knowledge centre in downtown Vancouver.
Breakthrough technology

GBCI Canada created to rev up green building

CaGBC and Green Business Certification Inc. are forming a Canadian joint venture called Green Business Certification Inc. Canada (GBCI Canada).