Industry News
Ontario extends deadline for energy/water data
The deadline to submit consumption data to Ontario’s energy and water reporting and benchmarking program has been extended to help accommodate this year's large new cohort of mandated participants.
National office vacancy rate continues to climb
The national office vacancy rate surpassed 18 per cent in the second quarter of 2023, the highest level recorded since 1994. However, the pace of negative absorption was slower than last winter and fall.
Hyperscale expectations for data storage demand
Investment partners, Brookfield Infrastructure and Ontario Teachers’ Pension Plan, have acquired Compass Datacenters LLC and its portfolio of 13 hyperscale campuses.
Conestoga Mall to pad Primaris REIT portfolio
Primaris Real Estate Investment Trust has inked a $270-million deal for Conestoga Mall, a 585,000-square-foot enclosed shopping centre in Waterloo, Ontario.
Net-zero labour strategy in the works
The Canadian government is moving to establish a promised sustainable jobs secretariat and associated advisory council, meant to guide a labour strategy for wide-scale decarbonization.
Slip-and-fall injury bill stranded in Manitoba
Manitoba's legislative term expired soon after the government introduced proposed amendments to the Occupiers' Liability Act similar to changes already adopted in Ontario.
Two firms boost footprint in Numa’s historic Auto BLDG
Pride Toronto and Zeidler Architecture have both expanded their office space at Castlepoint Numa’s historic Auto BLDG in Toronto’s Lower Junction Triangle.
Hospitality program transforms office portfolio
Over the next three months, Canderel will begin rolling out a workplace hospitality program called Okkto across its buildings.
Who will manage all the future condos in Ontario?
Ontario's condo management industry is calling for change as the province plans to build 1.5 million homes in 10 years, including a large number of new condos.
Office fit-out costs rise with hybrid workforce
Rising office fit-out costs reflect both inflationary dynamics in the construction sector and emerging design trends as employers realign space to engage their hybrid workforces.
Retrofit funds opened via banking aggregator
Canada Infrastructure Bank is opening another avenue for small and mid-sized landlords to obtain low-cost financing for decarbonization projects.
Federal heritage buildings listed for offloading
Public Services and Procurement Canada has released a list of 10 properties “in various stages of the disposal process” as part of an invitation to select stakeholders to bring forward proposals to reposition the space.
U.S. REIT adds to Alberta casino holdings
U.S.-based VICI Properties will acquire four facilities in Edmonton and Calgary through a sale-leaseback transaction, following a similar deal earlier this year for casinos in Edmonton, Calgary and Lethbridge.
BDP conducts workplace ‘experiment’ with Toronto studio
In a hybrid work era, BDP Quadrangle has opened a two-floor studio in The Well as an experiment with in-person arrangements.
Slate unveils plan for 800-acre redevelopment
Slate Asset Management envisions a major business and intermodal transportation hub with up to 12 million square feet of employment space on the Hamilton harbourfront lands.
HVAC-related infection controls considered
A first-ever ASHRAE standard for mitigating the airborne spread of infectious pathogens in indoor spaces has been released for public review.
Low-carbon heating facility to turbocharge Toronto’s decarbonization
The project is expected to accelerate the decarbonization of downtown, equivalent to 20 net-zero office towers.




















