Industry News
Steelworkers warn new tariff order will disrupt key sectors
The doubling of tariffs, to take effect on June 4, could severely disrupt integrated North American supply chains.
Montreal shopping site to become $3.5B mixed-use community
The project will unfold over seven phases and span 15 years.
HBC leases transitioning as shutdown nears
Central Walk Properties is negotiating to acquire the leases for 28 soon-to-be shuttered Hudson’s Bay Company retail locations in a deal that would expand its Canadian footprint.
Two Marriott hotel brands break ground
Developer Paul Y. Construction (B.C) Ltd. has broken ground on a new 30-storey tower in downtown Vancouver, which will bring together two Marriott International brands.
Ontario heeds logistics sector maintenance
Ontario introduces a new tax credit to encourage a state of good repair in the logistics sector, and enhances its temporary tax credit for building and outfitting industrial facilities.
Ontario doubles down on Building Code supremacy
The Ontario government is doubling down on its message to municipalities to back away from setting new building performance standards or deconstruction ordinances.
NB takes first step to property tax reform
New Brunswick will hold property assessments at 2025 levels for 2026 as the first step of a promised overhaul of the property tax system.
Mixed-use plans for 34-acre greenfield in Waterloo
The City of Waterloo has approved the sale of the city-owned Former Kraus Lands to Urban Legend Developments.
Property values not yet reflecting market pause
Property values held fairly steady in the first quarter of 2025, while commercial real estate transaction volume dropped nearly 17 per cent from the comparable period in 2024.
Almadev breaks ground on LSQ community
A 15-acre transit-connected development started construction in North York last week.
LEED version 5 now open for registrations
Decarbonization and climate resilience are major elements of LEED version 5, the newest update to what has become the world’s most prevalent building rating and certification system.
Vancouver accelerates hotel development
Vancouver is updating its hotel policy to address the city’s hotel room shortage and support its tourism economy.
NL’s green tech tax credit sees few claimants
Newfoundland and Labrador's green technology tax credit resulted in less than $50,000 in foregone revenue for the provincial government in the 2024-25 fiscal year.
Brampton program to incentivize office development
The City of Brampton will begin waiving development charges for all office builds, including mixed-use projects.
Archetype mixes multiple land use types
A mixed-use property in Vancouver will deliver more than 200 rental suites, offices and dedicated industrial space.
Familiar market patterns transpire in Q1
Canada’s industrial availability rate crept slightly upwards during Q1 2025, while office vacancies continued to hover in the same general range they’ve occupied since mid-2023.
Saskatchewan adjusts for rising assessed values
The Saskatchewan government will balance out a jump in assessed values with reduced mill rates for education property tax in 2025-26.
