Finance

bank of canada interest rate
Finance

Where Every Big Bank Stands On Wednesday's Interest Rate Announcement

We could be looking at a quarter-point interest rate cut this week, but a strong inflation reading on Tuesday could change the name of the game.

Multifamily

CAPREIT Sells International Plaza In North Van To Squamish Nation For $54.2M

The International Plaza Apartments in North Vancouver sit on reserve land and the transaction brings the property back under Squamish Nation ownership.

Opinion

Op-Ed: The Bank Of Canada's Subtle Housing Warning

The message for Canadians is that rate policy will respond to economic fundamentals through a lens that explicitly considers housing inflation risks, writes Toronto-based real estate agent Cameron Levitt.

Listed Commercial

Brookfield Looks To Sell Retail Component Of Shangri-La Vancouver

Brookfield acquired the Shangri-La Vancouver from Westbank and Peterson earlier this year and is now moving to sell the retail component at 1121 Alberni Street.

Office

KingSett Capital Buys Pender Place Office Towers In Vancouver From CF & IMCO

​Cadillac Fairview and the Investment Management Corporation of Ontario put 700-750 W Pender Street on the market earlier this year.

Development Projects

OPTrust Buys Out Westbank From Sen̓áḵw Project By Squamish Nation

OPTrust previously held a stake in the first two phases of the landmark Sen̓áḵw project and has now acquired Westbank's stake in the project, increasing its stake to 50%.

Retail

RioCan Eyeing Buyout Of Hudson's Bay From Georgian Mall, Oakville Place

RioCan owns 50% of the Georgian Mall and Oakville Place, while the RioCan-Hudson's Bay joint venture owns the remaining 50%.

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.

REITs & Institutions

Dream Residential REIT Acquired By US-Based Morgan Properties In $354M Deal

Dream Residential REIT (TSX: DRR.UN) announced it was undergoing a review earlier this year, which is now ending with an all-cash sale to Morgan Properties.

Finance

GTA Rental Supply Deficit To Hit 235,000 Units Over Next Decade

A report released Wednesday by BILD shares sobering insights into rental housing needs in the GTA and shares how government reforms can improve project feasibility and spur rental development.

Breaking News

RECO To Shut Down All 17 iPro Brokerage Locations By Tuesday

The shutdown follows an inspection by RECO that revealed the Mississauga-based brokerage had "a significant shortfall" in their accounts, constituting a TRESA violation.