property development

NEW YORK (AP) – Google is planning to buy New York City's St. John's Terminal for $2.1 billion, making it the anchor of its Hudson Square campus.The announcement Tuesday arrives with the city buffeted by the pandemic and most…

The Residential Construction Council of Ontario (RESCON) has issued a statement voicing it’s disappointed at a recent Ontario Divisional Court ruling which indicates that the provincial government erred in failing to consult the public…

SmartCentres Real Estate Investment Trust reported its financial and operating results for the quarter ended June 30, 2021.``Our second quarter results reflect the continued strength of our portfolio that experienced collection…

According to a recent report by Statistics Canada, the total value of building permits rose 6.9% to $10.3 billion in June. Seven provinces contributed to the gain, led by Ontario, which jumped 22.7%. Construction intentions in the…

TORONTO – Ontario and the federal government have struck an agreement that will see Ottawa kick in $12 billion to help build several transit projects in the Greater Toronto and Hamilton Area over the next decade.Prime Minister Justin…

BuildForce Canada has released its latest labour market forecast titled, 2021–2030 Construction and Maintenance Looking Forward national report which concludes that construction requirements across Canada are expected to rebound in 2021 in…

The Ontario government reports that is moving to the next stage of planning for the Yonge North Subway Extension. According to a government release, the Initial Business Case and supplementary analysis for the project, released by…

Waterfront Toronto has launched an international competition to secure a development partner for the Quayside lands. The first step in this effort is to issue a Request for Qualifications (RFQ) to identify potential development proponents…

TORONTO – Ontario Premier Doug Ford is defending his government's use of a controversial land planning tool as concerns mount about overuse.The mechanism known as a ministerial zoning order gives the municipal affairs minister power…

The Canada Mortgage and Housing Corp. has chosen Romy Bowers to succeed Evan Siddall as its chief executive next month.Previously a managing director at Bank of Montreal, Bowers has been with the federal housing agency since 2015 and…