Industry News
REMI Network
Progress for Don River flood protection projects
Waterfront Toronto, along with multi-level government support, has announced a $5 million funding boost for work on the naturalization of the Don River.
REMI Network
Mixed-used landmark in Ottawa sells for $22-mil
Mercury Court, a three-storey office building with ground floor retail in the trendy ByWard Market of Ottawa, has been sold for $22 million.
Canadian Apartment Magazine
Mainstreet continues to see double digit growth
Mainstreet Equity Corp., an add-value, mid-market consolidator of apartments in Western Canada, announced its 19th consecutive quarter of year-over-year double-digit growth in pre-tax funds from operations and net operating income.
CondoBusiness
Record number of GTA condo units rented in Q2
The number of GTA condo units rented through the MLS system during the second quarter of 2015 surged to a record-setting 8,200, reports Urbanation.
REMI Network
Slippery signature for Edmonton arena district
The Katz Group has revealed the official name for what will become Canada’s largest mixed-use sports and entertainment district.
CondoBusiness
Housing starts trended upward in June: CMHC
The Canada Mortgage and Housing Corporation (CMHC) reports that in June, the trend measure of Canadian housing starts rose to 183,959 units.
REMI Network
IKEA Canada to install EV stations nationwide
IKEA Canada will become the first retailer in Canada to install electric vehicle (EV) charging stations at each of its across the country.
Construction Business
Mechanized access to be built in Edmonton
The City of Edmonton has approved the construction of the Mechanized River Valley Access project starting at 100 Street near the Hotel MacDonald and ending in the river valley trail system near the Low Level Bridge.
Construction Business
Votes reject Metro Vancouver transit plebiscite
Metro Vancouver residents voted an overwhelming ‘No’ against the Mayor’s Council plan to fund transportation improvements. The mail-in ballot vote was held over a 10 week period from March 16 to May 29 with 61.68% of voters rejecting a 0.5% PST regional increase.
Canadian Property Management
Canadian buildings stand out in competition
Four teams of owners/managers from Ottawa, Calgary and the Greater Toronto Area accepted honours at the highest attainable TOBY level after receiving 2014 BOMA Canada national awards last September.
REMI Network
GTA home sales set new all-time high for June
The Toronto Real Estate Board (TREB) reported 11,992 sales through the Multiple Listing Service (MLS) system for June 2015, breaking records for the month.
CondoBusiness
Metro Vancouver saw record home sales in June
Last month was record-breaking for the Real Estate Board of Greater Vancouver (REBGV), which reported its highest sales ever for the month of June.
Construction Business
Permits approved for Site C construction
The B.C. government has issued permits authorizing construction of the massive $8.8 billion Site C hydro-electric project. The provincial government approved 24 authorizations, with conditions. Seven authorizations were issued under the Land Act, five under the Forest Act, eight under the Water Act and four under the Wildlife Act.
Design Quarterly
Okanagan Centre of Excellence is LEED Platinum
The Jim Pattison Centre of Excellence in Sustainable Building Technologies and Renewable Energy Conservation at Okanagan College has been certified LEED Platinum. Since its completion
REMI Network
Canada and India plot future energy goals
Ministers for Canada and India met last week to discuss the growth of Canadian investments in India’s energy technologies.
Canadian Facility Management & Design
GTA saw Q2 uptick in commercial space leased
The Toronto Real Estate Board (TREB) reported today a year-over-year increase in the amount of commercial space, measured in square feet, leased in Q2-2015.
REMI Network
Ivanhoé Cambridge to buy four U.S. office assets
Ivanhoé Cambridge and Callahan Capital Properties are set to buy four high-grade office buildings situated across the United States.





