Industry News

Halifax office vacancy rate

Halifax office vacancy rate dips modestly

The Atlantic Canada real estate advisory firm, Turner Drake & Partners, reports a region-wide office vacancy rate of 15.25 per cent, representing a drop of more than 170 basis points since June 2017.
Downtown Montreal office market

Downtown Montreal office market making gains

Rents are rising, the availability rate remains steady even as new office space comes onto the market and construction crews are busy on in-progress commercial, multi-residential and public infrastructure projects.
Avison Young

CDPQ injects $250 million into Avison Young

Strategic investment from Caisse de dépôt et placement du Québec will allow the principals of Avison Young to regain 100 per cent of the common shares in their real estate services company.
retrofit financing

Toronto may extend reach of retrofit financing

Toronto Council is considering opening up a loan fund for energy upgrades to a larger pool of borrowers, including private sector landlords, condo corporations, health care and educational facilities.
OHBA Awards of Distinction housing excellence

Winners of 2017 Ontario Green Health Care Awards announced

The winners of the 2017 Ontario Green Health Care Awards were announced on Tuesday. Award recipients were determined by selecting the top performing facilities from
vancouver office space

Q2 office vacancy space figures released

Figures for office vacancy space in Q2 of 2018 have been released. The report revealed positive absorption rates for most of the major markets in Canada.
office development

GTA office market returns mixed second-quarter results

The Greater Toronto Area (GTA) office market reached the midway point of 2018 with mixed second-quarter results, an new reports has revealed.
Diamond Schmitt

North York Central Library reopens after renovation

A Diamond Schmitt project has “revitalized” the North York Central Library, one of the largest in Toronto.
dismantling cap and trade

Costs of dismantling cap and trade queried

Several prominent business leaders and professionals are expressing disappointment, and projecting billions of dollars in direct losses and forgone economic development.
previously awarded EVC grants

Ontario qualifies previously approved EVC grants

Approved applicants who have already acted on the former government's promise will be in position to collect the rebate. Those who did not purchase equipment or sign a contract to authorize investment prior to July 4 will receive no funds.
solar panels

Solar panels installed at outdoor pool in Mississauga

Solar panels have been installed at an outdoor pool in Mississauga as part of a pilot programme.
office markets

Q1 office vacancy space figures released

Figures for office vacancy space in Q1 of 2018 in Canada have been released, revealing differing fortunes for the country’s largest metropolitan areas.
square one

Ontario shopping centre announces expansion

Square One Shopping Centre has announced a new expansion at its site in Mississauga, Ont, due to open its doors in November 2018.
energy retrofits and fuel switching

Quebec urges energy retrofits and fuel switching

Conservation is the top priority in Quebec's recently unveiled plan to reduce province-wide energy consumption, boost low-carbon supply and embrace electricity storage and smart grid applications.

New 46-storey office tower set to be built in downtown Toronto

A new 46-storey building, located at 160 Front Street West in downtown Toronto, is set to be built, Cadillac Fairview has announced.
ICE District

Calgary and Edmonton show strong real estate performance in differing sectors

Alberta’s two largest cities enjoyed considerable real estate investment in 2017 in differing sectors within the industry.
safe software

Safe Software anchor tenant at City Centre 2

Safe Software will be the anchor tenant at City Centre 2 building, developed by Lark Group. The tech firm will occupy 54,000 square feet of space.