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Latest Alberta & Prairies Stories

Rendering of a future hydrogen liquefaction plant.

HTEC Hydrogen Plant Receives $49M Federal Investment

Canada + Alberta & Prairies + Pacific Canada + Industrial | March 26, 2025

The federal government is investing $49 million in the construction of HTEC’s future hydrogen liquefaction facility in North Vancouver, B.C. The funding, provided through the Strategic Innovation Fund, is part of a broader effort to strengthen Canada’s clean energy sector and reduce carbon emissions. HTEC’s $472-million project will capture and liquefy 15 tonnes of industrial …

Rendering of a Winnipeg apartment development project.

Ocree Using Blockchain for CRE Equity Investments

Alberta & Prairies + Cross Border News + Apartments | March 25, 2025

Ocree Capital and the Polymesh Association have launched a Canadian regulated real estate investment platform utilizing blockchain technology. The platform features a Winnipeg $51.9-million rental-apartment project as its inaugural listing. The partnership combines Polymesh’s purpose-built blockchain for regulated assets with Ocree’s exempt market dealer (EMD) licenses across all Canadian provinces and territories except Quebec, aiming …

Latest National Stories

People & Companies News for Week Ending March 28, 2025

Canada + Cross Border News + Finance | March 27, 2025

supply challenges.” Join Canada’s leading CRE owners, investors, developers, brokers, financiers, and more at Connect Canada on May 28 at Malaparte in Toronto. Register now to catch forecasts from Canadian CRE leaders on market challenges and opportunities, insights into international investing with evolving market dynamics, the outlook for multifamily housing, and much more. www.ConnectCanada2025.com

Photo of an apartment building in southwest Calgary.

Asking Rents Fall in Major Canadian Markets

Canada + Apartments | March 27, 2025

Average apartment asking rents in Canada fell for the fifth consecutive month in February, Rentals.ca and Urbanation reported. The national average asking rent declined 4.8% year-over-year to $2,088—the lowest level recorded since July 2023. This drop marks the steepest annual drop since April 2021 and signals a significant reversal from the rapid rent increases seen …

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Latest Cross Border News Stories

People & Companies News for Week Ending March 28, 2025

Canada + Cross Border News + Finance | March 27, 2025

supply challenges.” Join Canada’s leading CRE owners, investors, developers, brokers, financiers, and more at Connect Canada on May 28 at Malaparte in Toronto. Register now to catch forecasts from Canadian CRE leaders on market challenges and opportunities, insights into international investing with evolving market dynamics, the outlook for multifamily housing, and much more. www.ConnectCanada2025.com

Aerial photo of Hong Kong.

Teachers’ Closing Hong Kong Office, Optimizing APAC Footprint

Cross Border News + Canada + Ontario + Office | March 26, 2025

The Ontario Teachers’ Pension Plan is closing its Hong Kong office as it shifts focus to its other Asia-Pacific locations. The fund manager announced the move in its latest quarterly report, while other media outlets also reported the decision. Teachers’ will wind down the office over the next 18 months or more, Dan Madge, a …

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

Aerial photo of Calgary's downtown, viewed from the city's western side.

Calgary Receives Additional $22.8M to Beef Up Downtown Housing

Alberta & Prairies + Ontario + Apartments | March 26, 2025

Calgary will receive an additional $22.8 million from Ottawa to support downtown multi-residential housing initiatives after exceeding its targets under the federal Housing Accelerator Fund (HAF). The federal government announced the extra funding in the days leading up to the ongoing federal election as part of a broader $74-million investment for 27 top-performing HAF communities. …

Aerial photo of Hong Kong.

Teachers’ Closing Hong Kong Office, Optimizing APAC Footprint

Cross Border News + Canada + Ontario + Office | March 26, 2025

The Ontario Teachers’ Pension Plan is closing its Hong Kong office as it shifts focus to its other Asia-Pacific locations. The fund manager announced the move in its latest quarterly report, while other media outlets also reported the decision. Teachers’ will wind down the office over the next 18 months or more, Dan Madge, a …

Latest Pacific Canada Stories

Aerial view of the future Senakw project in Vancouver.

Senakw’s First Residents Expected to Move in by YE 2025

Pacific Canada + Apartments | March 26, 2025

The first residents of the Squamish Nation-led Senakw development’s multi-family component in Vancouver’s Kitsilano area could begin moving into the project’s inaugural tower by year-end 2025, the Daily Hive reported. The move-in would mark a significant milestone in the long-term massive redevelopment of a former Molson brewery site. Construction on Senakw’s first phase, located at …

Rendering of a future hydrogen liquefaction plant.

HTEC Hydrogen Plant Receives $49M Federal Investment

Canada + Alberta & Prairies + Pacific Canada + Industrial | March 26, 2025

The federal government is investing $49 million in the construction of HTEC’s future hydrogen liquefaction facility in North Vancouver, B.C. The funding, provided through the Strategic Innovation Fund, is part of a broader effort to strengthen Canada’s clean energy sector and reduce carbon emissions. HTEC’s $472-million project will capture and liquefy 15 tonnes of industrial …

Latest Quebec Stories

Photo of an industrial building.

Firm Capital to Sell 50% Stake in Montreal Industrial Building

Quebec + Industrial | March 26, 2025

Firm Capital Property Trust has announced that its Montreal industrial portfolio joint-venture has entered into a binding agreement to sell a 159,470-square-foot facility for approximately $27.9 million. The trust’s share, after closing costs, is expected to be $13.8 million. The sale is set to close in the second quarter of 2025. The trust has held …

Photo of a worker using a machine to construct a kayak.

Troubled Kayak, Canoe Manufacturing Giant Pelican on Sales Block

Quebec + Industrial | March 22, 2025

Pelican International, one of the world’s largest manufacturers of kayaks, canoes and other watercraft, has been put up for sale after accumulating more than $180 million in debt. The Quebec Superior Court has approved the sale process in an effort to recover funds for creditors, the Journal de Montréal reported The Laval, Que. -based company, which …