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TEDCO and Monarch are ever green
TORONTO - The Toronto Economic Development Corporation (TEDCO) and Toronto-based Monarch Corporation will be developing the largest low-rise green residential community in Canada. The $100-million joint project, called Evergreen, will offer…
Legal: From Opportunity Squandered to Pandora’s Box Opened
The City of Toronto has finally done it -- Toronto now has the dubious distinction of being the first municipality in Canada to level its own municipal land transfer tax (MLTT) in addition to the land transfer taxes levied by the…
New industrial park for Saskatoon
SASKATOON - Saskatoon-based BizHub Developments is building the largest industrial park in Saskatchewan's history. Called BizHub Industrial Park, the site will offer paved roads for industrial use, professional landscaping, as well as…
Message to Canadians: Be Alert, but Don’t Be Nervous
Canadians are often grateful to have an economy that is so integrated with that of the United States -- think of cross-border shopping or what we watch on television. But in real estate, Canadians are hoping that our market does not follow…
Plan Ahead for a Smooth Ride
Demand for new and existing commercial office space is on the rise. A healthy economy continues to drive demand and as a result real estate markets are experiencing an increase in rental rates and a decrease in vacancies. Tenants are in the…
Staying Strong in ’08
Despite fears that the U.S. subprime mortgage meltdown might migrate to Canada, the latest economic data from Canada Mortgage and Housing Corporation (CMHC) indicates that Canadian housing markets will record another very strong…
HOK/ZAS to design Honda’s headquarters
MARKHAM, Ontario - The Canadian office of HOK Architects and Toronto-based architectural firm ZAS have partnered to design Honda Canada's new head office campus in Markham. The HOK/ZAS team will be headed by principals Gordon Stratford and…
Redpath Sugar Mill Sweetens Lachine Canal Revival
Montreal's Lachine Canal stands as a central component in the complex history of Canada's modern political economy. Despite its modest 14.5 kilometre length bypassing the Lachne Rapids and linking Montreal harbour with Lake Saint-Louis to…
CN sells headquarters, buys a U.S. railway
MONTREAL - Homburg Invest of Halifax, Nova Scotia is acquiring the Central Station Complex (CSC) in Montreal from Montreal-based rail conglomerate Canadian National (CN) for $355 million. The transaction, which will include a government…
Buffalo on the Wright track
While some communities struggle to save one or two landmark buildings, the city of Buffalo has summoned the will and the resources to preserve and restore an architectural heritage that has at its heart some of the most important names in…