Browsing Category
Building
M3 ground break sets record as Mississauga’s leading mixed-use development
M City’s third and tallest tower, M3 broke ground at Burnhamthorpe and Confederation Parkway in Mississauga. Designed by IBI Group, M3 will soar to 81 stories, surpassing the previous benchmark set by M City’s flagship towers.…
The United Church of Canada establishes the United Property Resource Corporation
The United Church of Canada’s (UCC) United Property Resource Corporation (UPRC) was created to meet the growing need for professional real estate development and management expertise within communities of faith and non-profits across the…
Toronto real estate poses bubble risk, while Vancouver homes are overvalued, UBS says
Toronto is one of seven world cities most at risk of a residential real estate bubble, according to a new report released by UBS this week.Toronto scored 1.96 in the UBS Global Real Estate Bubble Index, the third-highest score below…
Downtown office vacancy rates rising in Canada as commercial subleases flood market
Office vacancies are rising in Canada and could soar higher in the coming months as a second wave of the pandemic extends the mass exodus of workers from office towers and communal workspaces.Exacerbating the situation is an increase in…
Infrastructure bank to invest $10 billion in priority areas for pandemic recovery
OTTAWA – Prime Minister Justin Trudeau outlined Thursday how the Canada Infrastructure Bank intends to invest $10 billion in projects meant to create 60,000 jobs and contribute to the fight against climate change.''We will continue to…
Built Green Canada launches Communities Program Pilot
Built Green Canada is expanding opportunities for developers focused on creating better, healthier homes and communities by launching its Communities Program pilot.The organization is encouraging developers to participate in trials…
The Quartier des Spectacles Partnership wears red in solidarity with artists
After Montreal’s Monday announcement of a red alert and its new course of action, the Quartier des Spectacles Partnership announced its disappointment by the impact these new measures will have on culture.The Partnership states that…
Amazon to hire 3,500 workers in B.C. and Ont., expand their office footprint
Amazon.com Inc. will hire 3,500 Canadians to work in spaces it is opening and expanding in British Columbia and Ontario.The e-commerce giant revealed Monday that 3,000 of the jobs will be in Vancouver, where it is growing its footprint,…
Collier Centre owner working on ‘new vision’ for empty downtown space
BARRIETODAY.COMThe owner of a largely untouched commercial development in Barrie's core says he's working on a concept he hopes will make it and the city's downtown a greater attraction.In fact, said David Morrison, president of…
Home prices could fall 7 per cent in 2021, hitting Prairies hard
TORONTO — Home prices across Canada could tumble about seven per cent in 2021, as unemployment dampens the hot real estate market, according to a forecast by Moody's Analytics, Inc.There is a ``dangerous'' oversupply of new,…