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Latest Alberta & Prairies Stories

Photo of people in a Pavilion co-working space.

Pavilion to Expand into Calgary with New Downtown Co-working Location

Alberta & Prairies + Pacific Canada + Office | April 22, 2025

Calgary’s downtown core is getting set to welcome a new premium co-working space as Pavilion Cowork prepares to open its first location outside B.C. The company, known for its high-end, community-focused workspaces in Vancouver, will launch a 14,906-square-foot space at 550 6th Avenue S.W. this fall. The expansion marks a major milestone for Pavilion, signalling …

Future rental-apartment project at the Water Tower District in Winnipeg.

Shindico Starting to Sell Water Tower MF Development Parcels

Alberta & Prairies + Apartments | April 22, 2025

Shindico has launched the sale of multi-family development parcels at the Water Tower District, the company’s major mixed-use redevelopment project in Winnipeg. Shindico is partnering on the Water Tower with Olexa Developments. “We think it’s got big demand for apartments of all kinds,” said Sandy Shindleman, president and CEO of Shindico. The parcels are are …

Latest National Stories

Photo of a Congebec cold storage facility.

Congebec Grows Cold Storage Footprint Through Merger with Bradner

Canada + Cross Border News + Industrial | April 23, 2025

Congebec, a leading Canadian provider of multi-temperature logistics services, has announced a major expansion through a merger with B.C.-based Bradner Cold Storage. The move creates a robust national cold storage network spanning 16 locations across six provinces: Quebec, Ontario, Manitoba, Saskatchewan, Alberta, and B.C. Founded more than 50 years ago, Quebec City-based Congebec operates 11 …

Photo of the entrance to a Hudson's Bay store in Calgary.

Multiple Parties Interested in Acquiring Hudson’s Bay Company Leases

Canada + Retail | April 23, 2025

Several parties have expressed interest in acquiring Hudson’s Bay Company leases as the iconic department-store proceeds through creditor protection. According to a Tuesday court filing, 18 unnamed parties have submitted letters of intent for a total of 65 leases. The report, prepared by Alvarez & Marsal — the court-appointed monitor overseeing the restructuring — indicates …

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Latest Cross Border News Stories

Photo of a Congebec cold storage facility.

Congebec Grows Cold Storage Footprint Through Merger with Bradner

Canada + Cross Border News + Industrial | April 23, 2025

Congebec, a leading Canadian provider of multi-temperature logistics services, has announced a major expansion through a merger with B.C.-based Bradner Cold Storage. The move creates a robust national cold storage network spanning 16 locations across six provinces: Quebec, Ontario, Manitoba, Saskatchewan, Alberta, and B.C. Founded more than 50 years ago, Quebec City-based Congebec operates 11 …

Photo of a Thermea Village spa.

Groupe Nordik Wrongly Associated with Firm Tied to Ontario Place Redev Scandal

Ontario + Cross Border News + Hospitality | April 23, 2025

Groupe Nordik, the Canadian spa company behind the Thermea Spa Village brand, is distancing itself from the Ontario Place redevelopment project scandal. The effort comes after after a New York Times investigation raised concerns about Austria-based Therme’s credentials. Therme is developing a spa project at provincially owned Ontario Place. Groupe Nordik operates spas in Chelsea …

Latest Maritimes Stories

Photo of ExxonMobil office in Moncton, N.B.

U.S. Energy Giant ExxonMobil Closing Moncton Office

Maritimes + Cross Border News + Office | April 21, 2025

ExxonMobil is closing its business support centre office in Moncton, N.B. The office is located at 21 Ocean Line Way. Employees were informed of the decision by the global energy giant recently, according to multiple reports. “We’ve decided to close our Moncton office as we focus on other global business centres,” Michelle Gray, a spokeswoman for Houston-based …

Rendering of a multi-family rental development project in Halifax.

Crombie REIT Forms New JV with Montez

Pacific Canada + Maritimes + Apartments | April 13, 2025

Crombie REIT has entered into a joint-venture agreement with Montez Corporation to complete a commercial real estate development project in Halifax. The REIT said the deal marks a significant expansion of its multi-residential development initiatives in Halifax. The agreement includes the sale of a 50% stake in the Marlstone to Montez. The Marlstone is a …

Latest Ontario Stories

Picture of Lakeridge Logistics Centre in Ajax, Ont.

LLC Earns Canada’s Largest Net-Zero Industrial Building Certification

Ontario + Industrial | April 23, 2025

Lakeridge Logistics Centre (LLC), developed by Pure Industrial, has officially become the largest industrial property in Canada to earn the Zero-Carbon Building (ZCB) Design certification. The certification marks a significant milestone in sustainable development for the country’s industrial real estate sector. Awarded by the Canada Green Building Council (CaGBC), the ZCB certification recognizes new builds …

Photo of a Thermea Village spa.

Groupe Nordik Wrongly Associated with Firm Tied to Ontario Place Redev Scandal

Ontario + Cross Border News + Hospitality | April 23, 2025

Groupe Nordik, the Canadian spa company behind the Thermea Spa Village brand, is distancing itself from the Ontario Place redevelopment project scandal. The effort comes after after a New York Times investigation raised concerns about Austria-based Therme’s credentials. Therme is developing a spa project at provincially owned Ontario Place. Groupe Nordik operates spas in Chelsea …

Latest Pacific Canada Stories

Photo of a hotel in Vancouver.

New Vancouver Hotel Policy Designed to Spur Development

Canada + Pacific Canada + Retail | April 22, 2025

Vancouver’s new hotel policy will help accelerate development and offset a severe shortage, says Mayor Ken Sim. City council recently approved the new policy to help meet growing tourism demand as major international events loom, including the 2026 FIFA men’s World Cup loom. Council approved amendments to the existing policy in an effort to create …

Photo of people in a Pavilion co-working space.

Pavilion to Expand into Calgary with New Downtown Co-working Location

Alberta & Prairies + Pacific Canada + Office | April 22, 2025

Calgary’s downtown core is getting set to welcome a new premium co-working space as Pavilion Cowork prepares to open its first location outside B.C. The company, known for its high-end, community-focused workspaces in Vancouver, will launch a 14,906-square-foot space at 550 6th Avenue S.W. this fall. The expansion marks a major milestone for Pavilion, signalling …

Latest Quebec Stories

Photo of an Avril grocery store.

Avril to Open 10 New Grocery Stores in Quebec

Quebec + Retail | April 23, 2025

Avril plans to open 10 new supermarkets across Quebec over the next five years, marking a major phase in the grocery retailer’s continued expansion. The company specializes in organic food products. As part of this growth, Avril will open locations in Gatineau and Saint-Jerome—two cities where the brand had not previously set up shop. The …

Rendering of the Inspire Bio Innovations biomedical hub in Montreal.

Ability Biotherapeutics Preleases Whole Floor at Inspire Bio Project

Quebec + Healthcare | April 22, 2025

Ability Biotherapeutics has preleased the entire sixth floor of the Inspire Bio Innovations project’s second phase in Montreal. Ability is Quebec-based pioneer in next-generation targeted therapies. The announcement, made by developer Jadco Group, marks a major step in the continued transformation of the former Montréal Chest Institute into a world-class life sciences hub. Inspire Bio …