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Latest Alberta & Prairies Stories
Boardwalk REIT has finalized the purchase of Elbow 5 Eight, a newly built 255-suite rental-apartment complex in Calgary’s Britannia neighbourhood. The $93-million acquisition, equivalent to approximately $365,000 per suite, was funded through existing cash reserves. Elbow 5 Eight offers modern amenities and is located within Chinook Centre, transit to downtown Calgary and key community hubs. …
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 …
Latest National Stories
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 …
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Latest Cross Border News Stories
Segula Technologies Canada has officially opened its new national headquarters in downtown Montreal. The modern, collaborative space marks a strategic move to strengthen the company’s footprint in Quebec’s innovation and industrial ecosystem, following the launch of its Toronto sales office in 2024, said Segula. “The opening of our new headquarters in Montreal represents much more than a …
Stellantis is temporarily halting production at its automobile assembly plant in Windsor, Ont., as the company assesses the impact of newly imposed U.S. tariffs on vehicles imported from Canada. The automaker will also pause operations at its facility in Mexico and lay off 900 workers across six U.S. factories that supply its assembly plants. The …
Latest Maritimes Stories
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, …
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
Stellantis is temporarily halting production at its automobile assembly plant in Windsor, Ont., as the company assesses the impact of newly imposed U.S. tariffs on vehicles imported from Canada. The automaker will also pause operations at its facility in Mexico and lay off 900 workers across six U.S. factories that supply its assembly plants. The …
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 …
Latest Pacific Canada Stories
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 …
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
Segula Technologies Canada has officially opened its new national headquarters in downtown Montreal. The modern, collaborative space marks a strategic move to strengthen the company’s footprint in Quebec’s innovation and industrial ecosystem, following the launch of its Toronto sales office in 2024, said Segula. “The opening of our new headquarters in Montreal represents much more than a …
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 …