Industry News
Loblaw to buy Shoppers Drug Mart for $12.4B
Canada's largest grocery retailer, Loblaw Companies Ltd., has announced it plans to buy Shoppers Drug Mart for $12.4 billion.
Windcorp announces mixed-use plan for Ajax
Ajax council and Windcorp Developments Ltd. have released plans for a new urban-inspired development.
Canada’s first Hard Rock Casino to open in B.C.
The Great Canadian Gaming Corp. has announced the rebranding of its Boulevard Casino into the Hard Rock Casino, the first of its kind in ...
Largest B.C. hotel sale of the year
Aldesta Hotels Group has bought Harrison Hot Springs Resort and Spa for $32.3 million.
Erin Mills mall to get major makeover
Erin Mills Town Centre is getting a $100-million face-lift.
IFMA revises CFM credentials
The International Facility Management Association (IFMA) has revised the framework for its flagship credential, the certified facility manager (CFM). The CFM exam has also been revised to match the updated framework.
BC Place turns 30
Vancouver's BC Place is celebrating its 30th birthday.
Alberta approves $1 billion in emergency funding
The government of Alberta has approved $1 billion to fund the first phase of emergency recovery and reconstruction for southern Alberta families and communities. The money has been allocated from ...
Telus announces new Calgary office building
Telus is planning to build a new environmentally-friendly office tower in Calgary’s downtown core at the site of the current Art Central building.
Edmonton’s office sector maintains stability
Tenants in Edmonton are currently able to secure attractive leasing opportunities as a result of a favourable vacancy rate, says Avison Young’s recently released Second Quarter 2013 Edmonton Office Market Report.
GTA commercial market figures down in Q2
Leasing of industrial, commercial/retail and office space dropped seven per cent on a year-over-year basis in the second quarter of 2013.
Colliers survey shows cap rates are stabilizing
The likelihood that interest rates are going to rise continues to be a top concern for owners and investors, according to Colliers International Canada’s Q2 2013 Cap Rent Report.
Canada Square opens on Toronto’s waterfront
The revitalization of Toronto's central waterfront continues with the recent completion of Canada Square, transforming a former surface parking lot into an iconic public space at Harbourfront Centre.
Green Building Challenge award winners
Menkes Property Management Services and Velcro Canada Inc. took home the top prize in the Green Building Challenge, the second competition of the 2013 People Power Challenge.
Elevator strike ends, construction to resume
Ontario's elevator technicians are returning to work after a two-month labour disruption.
MediaEdge launches industry-leading website
MediaEdge Communications Inc. is pleased to announce the launch of its new flagship website, www.REMInetwork.com, a news and information network servicing the real estate management industry.
New CCDC design-build forms
Two new design-build contract forms will be released by the Canadian Construction Documents Committee (CCDC) in July.
