Industry News
Subsidy to ease industrial site approval costs
Industrial land owners in Ontario could qualify for up to $25,000 to reimburse 50 per cent of the costs of municipal and provincial planning and environmental studies.
25 York Street earns highest BOMA BEST score
Menkes Developments has achieved the highest score globally for BOMA BEST with 25 York Street (Telus Harbour).
LiUNA breaks ground on mixed-use tower in Hamilton
The Labourers’ International Union of North America broke ground on a new mixed-use building in Hamilton, Ontario, that will feature more than 500 residential units, as well as office and heritage space.
Women promised more leadership roles at BGO
BentallGreenOak is pledging to elevate women into at least 30 per cent of its leadership roles within the near term.
Allied acquires Vancouver’s Dominion Building
Allied Properties has acquired the Dominion Building in Vancouver from Army & Navy Properties. Sale is expected to close in November 2021.
Landlords must certify requisite vaccinations
Commercial landlords will be expected to verify the vaccination status of building personnel, including contractors and subcontractors, who enter premises that the Canadian government leases.
Accelerator program not as Canadian as touted
Canadian proptech companies comprise just half the slate newly named to the 2022 REACH Canada accelerator program, chosen through a competitive process sponsored by the U.S. National Association of Realtors.
Blockchain-based EV charging pilot launches
A ground-breaking electric vehicle charging pilot launched this week at an office building in Toronto.
Climate advocates call for CleanBC reboot
A large group of multi-sector signatories are calling on the B.C. government to overhaul its CleanBC climate action plan, calling it inadequate and out-of-step with recent climate data.
New grants for Toronto street front businesses
Toronto is introducing two new grant programs for commercial property improvements and is expanding eligibility for the city's existing facade upgrade grants.
Construction and maintenance work among the most dangerous jobs
Various jobs in these industries were found to suffer fatality rates of several times the average of 3.4 per 100,000 workers.
B.C. prolongs provincial sales tax rebate
B.C. has extended the PST rebate on electric vehicle charging stations, furniture, tools, office equipment and some other building/facilities management and operations essentials for another six months.
Infrastructure holdings back Canadian pensions
Four Canadian pension plans rank in the global top 10 for value of their infrastructure holdings and also stand out for more sizeable quotients of infrastructure in their total assets.
Community net metering demo set for Ontario
Sifton Properties’ West 5, a 70-acre mixed-use development in London, Ontario, will be a test site for an electricity generation and sharing model known as community net metering.
BentallGreenOak grows data centre portfolio
BentallGreenOak has augmented its nascent data centre portfolio with the acquisition of a 200,000-square-foot facility in downtown Montreal, continuing the foray into the alternative asset class launched earlier this spring.
All time low for industrial vacancy in Vancouver
Industrial vacancy in Metro Vancouver has hit another new record low and set another all-time high for lease rates.
Office market turnaround delayed at least to Q4
A fourth wave of COVID-19 stalled hopes for an office market turnaround in the third quarter of 2021, while demand for industrial space continued unabated.



















