Breaking News
Development Projects
St. Lawrence Market North Contractor Suing City Of Toronto For $83M
As the City of Toronto prepares for the official opening of its long-awaited St. Lawrence Market North building, the contractor in charge of the project has launched a lawsuit against the municipality.
Apr 09, 2025
Construction
Toronto Continues To Have Most Cranes In North America, Well Over Double Its Closest Competitor
Business as usual: Toronto continues to outstrip other major Canadian and American cities in its number of construction cranes by a landslide.
Real Estate News
Why Housing Remains One Of Canada's Biggest Election Issues
Despite the onslaught of distractions and repercussions coming from south of the border, housing remains a leading federal election topic.
Industry
A Timeline Of Thind Properties And Its Insolvency
Thind Properties is currently facing insolvency proceedings on its District Northwest, Minoru Square, Highline Metrotown, Eclipse Brentwood, and Maywood projects.
This $5.2M Lake Simcoe Retreat Is The Ultimate Four-Season Escape
Situated just an hour from Toronto on a quiet private road in Innisfil, this spectacular custom-built home offers more than a retreat: it delivers an immersive escape.
Industrial
BC Pays Jim Pattison $52M For Richmond Property Near Fraser River Tunnel Project
The large industrial property at 13140 Rice Mill Road (13200 Rice Mill Road) was owned by Canfisco Group, a division of Jim Pattison Group.
Taxes
Could Poilievre’s Capital Gains Tax Break ‘Shut Young Canadians Out Of The Market’?
Proposed on Sunday, the policy aims to strengthen the Canadian economy by deferring the capital gains tax when profits are reinvested into Canadian businesses and assets.
Policy
Carney Pledges To Get Feds Back Into "Business of Homebuilding"
The announcement is joined by newly released specifics surrounding Carney's housing plan, which aims to double the pace of housing construction to 500,000 homes a year by cutting red tape and taxes.
Listed Commercial
CPP Investments Puts Downtown Toronto HQ At 1 Queen East On The Market
The Canada Pension Plan Investment Board acquired 1 Queen Street E and 20 Richmond Street E in 2013 for $220 million.
Taxes
Poilievre Pledges To Waive GST On New Homes Under $1.3M
Conservative Party Leader Pierre Poilievre says this will save Canadians up to $65,000 and benefit the middle class in pricier cities like Toronto and Vancouver.
Industry
Court Approves Hudson's Bay Liquidation Plan, Rent Agreement With RioCan
After several delays and a last-minute revision, Hudson's Bay will begin its liquidation plan on Monday, with six stores temporarily excluded.
Retail
Bonnis Properties Sells Hudson Mall On Granville For $89M To Hazelview
The retail property is the commercial podium of The Hudson at 610 Granville Street in downtown Vancouver.
Industry
"Utterly Ruthless": New Book Revisits Complicated History Of Olympic Village
Journalist Richard Littlemore's new book, City Builders: The Maleks, The Olympics, And a Historic Gift to Vancouver, offers a different version of events than the City of Vancouver has maintained took place.
Toronto
Feds Announce $2.55B In Support Of Toronto Rental Housing Projects
The $2.55 billion in low-cost financing will speed up the delivery of 4,831 rental homes, including a minimum of 1,075 affordable rental units.
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