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Latest Alberta & Prairies Stories
Parkland Corporation has launched a strategic review that could result in a sale of the company. The review, led by a special committee of independent directors, will explore various options to maximize shareholder value, including asset divestments, acquisitions, business combinations, and a potential sale. “Parkland’s Board remains committed to acting in the best interests of …
Firm Capital and Telsec have agreed to back Melcor Developments’ plan to take Melcor REIT private, marking a shift from their earlier opposition to the proposal. Melcor REIT and Melcor Developments have entered into voting support agreements with Firm and Telsec, with the latter two companies committing to vote in favour of the transaction at …
Latest National Stories
The Canada Infrastructure Bank (CIB) has finalized a $100-million loan to Enoch Cree Nation, supporting enabling infrastructure for a $1-billion mixed-use development on its reserve west of Edmonton. The infrastructure project will provide critical infrastructure, including water and wastewater mains, roads, and underground utilities for a 256-acre development that will feature an elders facility, cultural …
Parkland Corporation has launched a strategic review that could result in a sale of the company. The review, led by a special committee of independent directors, will explore various options to maximize shareholder value, including asset divestments, acquisitions, business combinations, and a potential sale. “Parkland’s Board remains committed to acting in the best interests of …
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Latest Cross Border News Stories
The Canada Infrastructure Bank (CIB) has finalized a $100-million loan to Enoch Cree Nation, supporting enabling infrastructure for a $1-billion mixed-use development on its reserve west of Edmonton. The infrastructure project will provide critical infrastructure, including water and wastewater mains, roads, and underground utilities for a 256-acre development that will feature an elders facility, cultural …
Parkland Corporation has launched a strategic review that could result in a sale of the company. The review, led by a special committee of independent directors, will explore various options to maximize shareholder value, including asset divestments, acquisitions, business combinations, and a potential sale. “Parkland’s Board remains committed to acting in the best interests of …
Latest Maritimes Stories
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, …
Feeds ‘n Needs has expanded its presence in the Maritimes with a new store in the Halifax suburb of Hammonds Plains, N.S. The store, located at Unit 201, 2071 Hammonds Plains Road, is one of the company’s largest retail spaces, offering an extensive selection of pet supplies, livestock feed, wild bird food, and gardening products. …
Latest Ontario Stories
The Greater Toronto Area (GTA) industrial vacancy rate rose to 3.1% at the end of 2024, marking its highest level since early 2015, says Newmark. The increase followed years of tight market conditions, with vacancy remaining below 2% from mid-2017 through 2023, the company said in its year-end 2024 GTA industrial report. The rise is …
Starlight Investments has acquired 11 multi-family rental properties in Cambridge, Ont., adding 391 suites to its portfolio. Cambridge is part of the Greater Toronto Area. The low-rise buildings, located along Champlain Boulevard, Christopher Drive and Dudhope Avenue, offer one-, two- and three-bedroom suites. The properties provide easy access to schools, retail, and transit, including Highway …
Latest Pacific Canada Stories
Greater Vancouver apartment and townhouse sales declined sharply in February, contributing to an overall slowdown in the region’s residential real estate market. The Greater Vancouver Realtors (GVR) reported 976 apartment sales for the month, a 10.6% drop from February 2024, while townhouse sales fell 10.9% to 359. The benchmark prices for apartments and townhouses declined …
The City of Vancouver has received a development application for two towers as part of a phased expansion of the Vancouver General Hospital campus. The proposed development site is located at 900-990 W. 12th Avenue. The VGH & UBC Hospital Foundation, which owns the property, is seeking to develop two mixed-use buildings with institutional space …
Latest Quebec Stories
VIA Rail has launched a request for qualifications (RFQ) to find a co-development partner for its Dorval hub project in suburban Montreal. The initiative is part of VIA Rail’s VIAction 2030 strategic plan, which aims to enhance integrated mobility. The project seeks to modernize Dorval station while improving connectivity between VIA Rail and public- transit …
The first phase of Inspire Bio Innovations’ downtown Montreal biomedical hub is set for completion this summer, The Globe and Mail reported. The first phase’s completion will mark a major milestone in the redevelopment of the former Montreal Chest Institute site. The second phase, an eight-storey addition, is expected to be finished in 2026, according …