Finance
Under Construction
"Self-Defeating": With DCs Out Of Control, Homeowners Are Paying The Price
We are at the point where builders can’t build homes that people can afford to buy, and the Feds must answer the bell, writes RESCON President Richard Lyall.
Aug 12, 2025
Policy
New Developer Alliance Pushes Feds For Housing Policy Overhaul, Including Foreign Buyer Ban Exemption
Ahead of the release of federal Budget 2025 this fall, a new alliance made up of 13 big names in homebuilding has put out a suite of recommendations to address the housing crisis.
Hamilton
Hamilton Temporarily Lowers Development Charges By 20%
The pilot project is intended to spur housing development and improve affordability for Hamiltonians, and will run from September 2025 to August 2027.
Policy
Toronto's Renoviction Bylaw Goes Into Effect Today With A $700 Application Fee
The move follows similar bylaws passed in Hamilton and London and is meant to protect tenants from bad faith evictions, or so-called 'renovictions.'
The 2025 PacificWest Conference Lands In Vancouver This October
On October 21 and 22, Western Canada’s premier real estate conference will take over the Vancouver Convention Centre East, bringing together the country’s realtors, developers, brokers, and builders for two full days of learning, dialogue, and connection.
Office
Allied Buying Out Westbank From M4 Office Project For $89.7M
The M4 office building is located at 108 East 5th Avenue in Vancouver and is part of the Main Alley creative economy campus being developed by Westbank.
Economy
Third Straight Hold: Bank Of Canada Keeps Interest Rate At 2.75%
The central bank is staying the course amid softening economic indicators, stubborn inflation, and tariff uncertainty, leaving markets guessing on the next move.
Industry
Birch Hill, Brookfield Acquire First National Financial In $2.9B Deal
The firm says they have “agreed to be acquired by Birch Hill Equity Partners and Brookfield, with existing shareholders Stephen Smith and Moray Tawse maintaining minority ownership.”
Finance
Where Every Big Bank Stands On Wednesday's Interest Rate Announcement
Last month, we saw the central bank hold the policy rate at 2.75% — the level it’s been since March.
Finance
Newly Launched Financing Model Makes It Easier To Access Your Home Equity
The Home Equity Partners Inc. has debuted a HESA model in Canada, giving GTA homeowners the opportunity to access flexible financing by tapping into their home’s value. The best part? It doesn't involve taking on debilitating debt.
Retail
Cadillac Fairview "Resolutely Opposed" To Selling HBC Leases To Central Walk
Ruby Liu and her company, Central Walk, have an agreement to take over 25 of Hudson's Bay leases, but is struggling to get approval from the landlords.
Opinion
Ontario Can’t Compete Without More Homes, York Region Must Cut Development Charges Now
John DiMichele, Toronto Regional Real Estate Board CEO, writes that the path to a stronger Ontario starts with building more homes for workers, families, and individuals — which we won't be able to do with government fees standing in the way.
Economy
Scotiabank, RBC Only Big Banks Not Calling For More Interest Rate Cuts This Year
Canada’s ‘Big Five’ banks are updating their forecast tables ahead of next week’s interest rate announcement, and economists appear to be split on what the rest of the year will bring.
Listed Commercial
Manulife Looking To Sell 22-Acre Cherry Lane Shopping Centre In Penticton
The Cherry Lane Shopping Centre is located at 2111 Main Street in Penticton, has an assessed value of around $69 million, and was recently listed for sale by JLL.
Load more