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TORONTO — In the first months of the COVID-19 pandemic, Shopify Inc.'s Tobi Lutke was among the first tech leaders to declare most of his staff would ``permanently work remotely'' because ``office centricity is over.''His belief in…

TORONTO – A new report says the total value of commercial real estate sales in the Greater Toronto Area in the second quarter rose 43 per cent compared with a year ago.The report by Avison Young says sales of office, industrial,…

TORONTO — RioCan Real Estate Investment Trust executives say the business can weather economic headwinds even after reporting its second-quarter net income was almost halved since last year.While a near 40-year high inflation level is…

TORONTO – Commercial real estate firm CBRE says for the second quarter in a row, the country's suburban office vacancy level was lower than the rate seen for downtown regions.The firm says the national suburban office vacancy rate…

CALGARY – The city of Calgary has recruited citizens from the commercial real-estate sector to help get a new event centre and home for the Calgary Flames back on track.When an agreement between the city and Calgary Sports and…

TORONTO – RioCan Real Estate Investment Trust is seeing strong demand for retail space, even as companies work to recover from the effects of COVID-19 and cope with rising inflation.Jonathan Gitlin, the real estate company's chief…

TORONTO – RioCan Real Estate Investment Trust is ``pruning'' its tenant mix to ensure malls and other retail spaces it owns are filled with resilient businesses that are best positioned to weather any further COVID-19 upheaval.Chief…

MONTREAL – Laurentian Bank of Canada is cutting in half its office space in downtown Montreal, Toronto and Burlington, Ont., as part of its strategic plan that it will unveil in a couple of weeks. The Montreal-based bank says the…

CALGARY – Amazon says it plans to open a second cloud-computing server hub in Canada in late 2023 that will result in billions of dollars of investments in the coming years.Amazon Web Services, the company's cloud division, says the new…