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Latest Alberta & Prairies Stories

Photo of a historic football stadium in Regina.

Regina’s Taylor Field Redev Project Begins to Advance

Alberta & Prairies + Hospitality | April 2, 2025

Regina’s long-anticipated Taylor Field redevelopment is moving forward after 14 years of planning, The Regina Leader-Post reported. City council recently approved an annual land and real estate report that includes zoning plans for the vacant 15-acre former stadium site and a $1-million allocation from the Land Development Reserve for design work. Once home to the …

Photo of a Hudson's Bay store in Oshawa, Ont.

Primaris Expects Nine Bay Stores at its Shopping Centres to Close

Canada + Alberta & Prairies + Cross Border News + Retail | April 1, 2025

Primaris REIT announced Tuesday that it expects nine leased Hudson’s Bay stores located within its retail properties to close. The iconic department-store chain is currently undergoing a restructuring after being placed under creditor protection. Only six of the company’s 96 stores are slated to remain open, but senior secured lenders’ lawyers have warned that all …

Latest National Stories

Photo an apartment building in Holland.

ERES REIT Selling $561M in Dutch Apartment Assets

Cross Border News + Canada + Ontario + Multi-residential Housing | April 3, 2025

European Residential (ERES) REIT has agreed to sell $560 million worth of apartment assets in cities across the Netherlands as it winds up its business. Canadian Apartment Properties REIT (CAPREIT), the majority owner of ERES, announced the pending sales in a news release Thursday. ERES is selling the assets through a subsidiary and expects the …

Photo of trucks being assembled.

Industrial Market Could Take Hardest Tariffs Hit: Jacobs

Canada + Finance | April 2, 2025

Canada’s industrial real estate sector could may feel the brunt of escalating cross-border tariffs, according to Colliers’ head of Canadian research. Adam Jacobs made the comments in a recent interview with Bloomberg. U.S. President Donald Trump implemented 25% tariffs on automobile imports from Canada and other countries Wednesday. Jacobs told Bloomberg that higher tariffs could …

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Latest Cross Border News Stories

Photo an apartment building in Holland.

ERES REIT Selling $561M in Dutch Apartment Assets

Cross Border News + Canada + Ontario + Multi-residential Housing | April 3, 2025

European Residential (ERES) REIT has agreed to sell $560 million worth of apartment assets in cities across the Netherlands as it winds up its business. Canadian Apartment Properties REIT (CAPREIT), the majority owner of ERES, announced the pending sales in a news release Thursday. ERES is selling the assets through a subsidiary and expects the …

Rendering of an electric-vehicle battery-materials plant in London, Ont.

Umicore’s $2.7B Ontario EV Battery Materials Plant Still on Pause

Ontario + Cross Border News + Industrial | April 2, 2025

Umicore’s $2.76-billion EV battery-materials manufacturing plant in Southern Ontario remains on hold indefinitely, CBC reported. The project is located in Loyalist Township, Ont., on the shore of Lake Ontario, about halfway between Toronto and Ottawa. Despite completing a review of its battery-materials business, the company has not provided a timeline for resuming construction, which was …

Latest Maritimes Stories

Photo of a cleaning sheet manufacturing plant in Moncton, N.B.

Dizolve Opens New Laundry, Cleaning Sheet Plant in Moncton

Maritimes + Industrial | March 25, 2025

Laundry and cleaning sheet manufacturer Dizolve has opened a new 72,000-square-foot facility in Moncton, N.B. Dizolve said the opening expands the company’s production capacity and reinforces its role as a leader in the sustainable cleaning sheet technology. The new plant will support the company’s growth while creating employment opportunities in Canada, Moncton-based Dizolve added. Dizolve, …

Aerial photo of Moncton, N.B.

Captiva Verde Partnering with Mi’kmaq on 55-Acre Mixed-Use Project Near Moncton

Maritimes + Finance | March 1, 2025

Captiva Verde Wellness Corp. has acquired a 49% stake in Matnaggewinu Development Corporation (MDC), a Mi’kmaq-led entity, to advance a major mixed-use project in the Moncton, N.B., area and other Indigenous economic development. The 55-acre mixed-use development site is approximately six kilometres west of Moncton, near the Trans-Canada Highway. Plans for the site include hotels, …

Latest Ontario Stories

Photo an apartment building in Holland.

ERES REIT Selling $561M in Dutch Apartment Assets

Cross Border News + Canada + Ontario + Multi-residential Housing | April 3, 2025

European Residential (ERES) REIT has agreed to sell $560 million worth of apartment assets in cities across the Netherlands as it winds up its business. Canadian Apartment Properties REIT (CAPREIT), the majority owner of ERES, announced the pending sales in a news release Thursday. ERES is selling the assets through a subsidiary and expects the …

Rendering of an electric-vehicle battery-materials plant in London, Ont.

Umicore’s $2.7B Ontario EV Battery Materials Plant Still on Pause

Ontario + Cross Border News + Industrial | April 2, 2025

Umicore’s $2.76-billion EV battery-materials manufacturing plant in Southern Ontario remains on hold indefinitely, CBC reported. The project is located in Loyalist Township, Ont., on the shore of Lake Ontario, about halfway between Toronto and Ottawa. Despite completing a review of its battery-materials business, the company has not provided a timeline for resuming construction, which was …

Latest Pacific Canada Stories

Photo of an asphalt-shingle reprocessing pilot plant in Delta, B.C.

Northstar Extends Delta Shingle-Reprocessing Plant Lease

Pacific Canada + Industrial | April 2, 2025

Northstar Clean Technologies has secured a 15-year lease extension for its Delta, B.C., facility, reinforcing its long-term strategy to develop asphalt-shingle reprocessing sites across North America. The lease extension provides Northstar with the option to retrofit the Delta location, previously a pilot facility, into a commercial-scale operation, said Northstar President and CEO Aidan Mills. The …

Photo a retail property at 798 Granville Street in Vancouver.

New Marshalls Store Opens in Downtown Vancouver

Pacific Canada + Retail | April 1, 2025

Marshalls has opened a new location in downtown Vancouver. Located on the third floor of 798 Granville Street, the 30,000-square-foot store is the discount retailer’s first outlet in downtown Vancouver and ninth in B.C. Another discount retailer, Winners, previously occupied the Marshalls space before moving to another nearby location. The 798 Granville property sits in …

Latest Quebec Stories

Photo of a seniors resident in Quebec City.

Chartwell Completes $247.9M in Quebec City Seniors Home Acquisitions

Quebec + Senior Housing | April 2, 2025

Chartwell Retirement Residences has acquired two seniors’ residences in Quebec City and increased its stake in a third. The acquisitions have a combined total of $247.9 million. The company purchased Résidence Le Florilège, a 345-suite residence in the Beauport neighbourhood, for $112.9 million. Built in 2022, the property is nearly fully occupied and located near …

Plante Unveils Plans for 13,500 High-Density Housing Units

Quebec + Apartments | April 1, 2025

The City of Montreal plans to develop 13,500 multi-residential units in the borough of Bridge-Bonaventure. Montreal Mayor Valérie Plante unveiled the high-density housing initiative during a news conference this week. The city is vowing to make the neighbourhood an employment hub that includes affordable housing and green spaces. Plans call for 40% of the project …