Finance
Taxes
Toronto Could Face Higher Property Taxes As Feds Cut Refugee Support
The City's Canada-Ontario Housing Benefit allocation is being slashed by 60%, while funding through the Interim Housing Assistance Program will cover only 26% of this year's projected spend on sheltering asylum seekers.
Sep 30, 2025
Retail
RioCan Bids $141M To Buy Out Hudson's Bay JV From Georgian Mall, Oakville Place
RioCan contributed 50% stakes in the Georgian Mall and Oakville Place to the joint venture it formed with Hudson's Bay in 2015 and is now taking full ownership.
Economy
Bank Of Canada Cuts Interest Rate To 2.50% After Three Consecutive Holds
This follows three consecutive holds from the central bank in April, June, and July.
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.
This Toronto Investment Firm Is Filling The Student Housing Gap
Known for finding fresh solutions to city-building challenges, Elysium has recognized an unmet need in the student housing sphere: affordable, high-quality accommodations located close to major post-secondary institutions.
Taxes
Brampton Reduces Development Charges By Up To 100% For Rental Apartments
The discounts would be tiered depending on unit size, and would range from 50% to 100%.
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.
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.
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%.
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.
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