Industry News
Construction of $22 million college campus in Toronto begins
Construction of Collège Boréal’s $22-million future campus in Toronto's Distillery District is underway. Development of the project kicked off on Oct. 29, 2018.
CBRE enters the flexible office sector
CBRE has launched a subsidiary called Hana that will offer flexible office space for larger corporations beginning in 2019.
Burlington Centre celebrates two milestones
On Oct. 27, 2018 RioCan's Burlington Centre marked it's $60-million makeover with a grand re-opening. The shopping centre's celebration coincided with its 50th-anniversary.
Ontario Government introduces Bill 47 to repeal most of Bill 148
On Oct. 23, 2018, the Ontario government introduced, the Making Ontario Open For Business Act, 2018 – Bill 47. The legislation would repeal significant amendments made in the Fair Workplaces, Better Jobs Act – Bill 148 – passed by the previous Liberal government.
Feds foil carbon pollution amnesty efforts
Surcharges will apply to 22 different fuel types, but most consumer expenditure is expected to go to gasoline and natural gas price add-ons.
Canada moves towards total asbestos ban
Canada announced the final step to prohibit asbestos and asbestos‑containing products. The asbestos ban comes into force on Dec. 30, 2018.
Morguard and partner purchase Jean Edmonds Towers in Ottawa
Morguard announced that it has jointly purchased the Jean Edmonds Towers ("JET") located at 300 Slater Street and 365 Laurier Avenue in downtown Ottawa.
Walmart Canada investing in store upgrades
Walmart Canada will be investing $175 million to upgrade its network of stores with dedicated features to enhance the overall customer experience.
IPI renamed International Parking & Mobility Institute
The International Parking Institute (IPI), the world’s largest association of parking professionals, has changed its name to the International Parking & Mobility Institute (IPMI).
Survey reveals workers’ attitudes towards cannabis in the workplace
Inching ever closer to legalization day, Colliers International reports 30 per cent of office workers responding to a recent survey endorse fairly lenient restrictions on cannabis use in the
Cannabis fueling commercial real estate demand in Western Canada
According to the latest commercial investor report from RE/MAX Kelowna and Edmonton are poised to become hot spots for Canada's cannabis market post-legalization with competing cannabis businesses looking for operating space in both cities.
Construction of $1.2 billion Toronto hospital begins
Construction of West Park HealthCare Centre’s $1.2 billion hospital is underway. Development on the project kicked off on Oct. 11, 2018.
BOMA Canada awards honour the best in CRE
The Canadian CRE industry celebrated yet another successful year at the BOMA Canada National Awards Gala, which took place in Calgary on October 3, 2018.
Office vacancy rates drop across Canada in Q3
Total office vacancy has dropped across Canada's six largest urban markets, Colliers reports. Newly released results for the third quarter of 2018 suggest pre-leasing commitments from banks and tech companies for new premises in the Toronto and Vancouver markets underlie the growth.
Amazon to open new facility in Metro Vancouver
Amazon will be opening a new 450,000 sq. ft. fulfillment facility within Delta iPort, a new industrial park being developed by GWL Realty Advisors.
Oxford Properties launches The Stack in Vancouver
Oxford Properties Group has announced the launch of The Stack at 1133 Melville in Vancouver's downtown core, a AAA class 540,000 sq. ft. office development.
Co-working firm Spaces expands in Canada
Spaces, a co-working firm, plans to open 15 more locations in Canada in the next two years. Its newest location in Toronto is 127,158 square feet, making it the company's largest location in North America.



