Industry News
End of era results released for BOMA BEST v2
Slightly more than 52 per cent of participating buildings achieved a score of a least 70 per cent for a silver or higher certification.
StorageVault expands in Ontario
StorageVault Canada has announced the $68.7 million acquisition of three stores in Ontario.
Quebec foresees return on energy retrofit loans
The Quebec government and the labour-sponsored investment fund, Fondaction, will each contribute $15 million in seed capital to underwrite energy efficiency improvements in commercial buildings.
Study of employee wellness programs shows positive effects
Employee wellness programs in the workplace are lacking despite evidence showing their effectiveness.
Bentall Kennedy adds to Montreal real estate portfolio
Bentall Kennedy has purchased two office buildings in Montreal's Mile End district from Mile-End Investments Inc.
Nexus REIT acquires industrial properties in Western Canada
Nexus Real Estate Investment Trust is purchasing three industrial properties in Western Canada for $64 million
Tax relief for non-residential properties in Calgary
The City of Calgary approved the 2018 Municipal Non-Residential Phased Tax Program (2018 PTP), offering tax relief to non-residential properties that have experienced the highest
Winnipeg’s True North Square reaches milestone
Winnipeg's True North Square development has reached another construction milestone with the topping-off of the 25-storey, mixed-use tower at 225 Carlton.
Sutton Place Hotels opening first property in Atlantic Canada
The Sutton Place Hotels is opening its first property in Atlantic Canada at Halifax’s Nova Centre.
Vancouver adopts 100 per cent EV-ready policy
Vancouver is now one of the first cities in North America to adopt a 100 per cent EV-ready policy for all new multi-unit residential buildings.
Canada’s three largest cities picked to thrive
Toronto, Vancouver and Montreal are among 30 global metropolises deemed well positioned to draw investment and sustain a robust real estate market for the long term.
Construction starts on tallest Kelowna towers
Construction has started on One Water Street, featuring what will be the two tallest towers in Kelowna, standing at 36 and 29 storeys high.
Gender diversity insight for investors unveiled
Since only publicly traded entities are part of the analysis, many of Canada's largest real estate players are excluded. However, other criteria to qualify would eliminate several of them anyway.
BOMA BC president Paul LaBranche to retire
BOMA BC president Paul LaBranche has announced his retirement. Under his leadership, BOMA BC has spearheaded innovative programs.
Expansion underway at McArthurGlen Designer Outlet Vancouver Airport
A construction project at McArthurGlen Designer Outlet Vancouver Airport will additional retail space and up to 35 new luxury brands.
Ontario offers funds for low-carbon innovation
Ontario-based companies and organizations will have until May 7, 2018 to submit their concepts to the newly announced GreenON Challenge.
Small tax perk for businesses extended to 2025
Claimants gain five more years of accelerated deductions on the capital cost of qualifying renewable energy systems and energy conserving equipment.



