Finance
Development Projects
Cold Plunges, Hot Potential: This Mountain Spa Fund Has Investors Paying Attention
Wellness tourism is booming. Nordic spas are trending. And in Western Canada’s beloved mountain towns, demand for immersive, nature-connected experiences is vastly outpacing supply.
Jun 11, 2025
Economy
Bank Of Canada Holds Interest Rate For Second Time In A Row
This marks the second consecutive pause from the Bank of Canada, and leaves the policy interest rate at 2.75%.
Multifamily
Fiera Buys Quarry Park Towers For $120M In Top Q1 Transaction In Calgary
The acquisition of DeVille at Quarry Park was announced by Fiera Real Estate in January, but financial details were not disclosed.
Office
Oxford Buys CPP Out Of Trophy Office Towers In Vancouver, Calgary For $730M
CPP Investments sold its 50% stakes in Vancouver's Marine Building, MNP Tower, Guinness Tower, and The Stack, plus Calgary's Centennial Place, Eau Claire Tower, and 400 Third.
Classic Meets Contemporary At This Newly Listed Annex Victorian
This three-storey beauty combines classic architectural elegance with high-end contemporary finishes, executed with a sense of drama that never overwhelms.
Economy
Where Every Big Bank Stands On Wednesday's Interest Rate Announcement
The Bank of Canada will make its latest interest rate decision this week, and trade uncertainty continues to be high of mind as economists place their bets.
Industry
RioCan Demands Payment From Hudson’s Bay, Files For Receivership Of Joint Venture
RioCan REIT (TSX: REI.UN) and Hudson's Bay formed the joint venture in 2015 and it has become HBC's primary real estate subsidiary.
Mortgages
Insider: CMHC And Equifax Sound The Alarm On Canada’s Mortgage Market
Household debt in Canada has climbed to $2.55 trillion, while non-mortgage debt hit a national average of $21,859 per consumer. For a country already stretched thin by high housing costs, inflationary pressures, and rising unemployment, these are not just numbers – these are cracks beginning to show on the surface of Canada’s economy.
REITs & Institutions
RioCan Offloads Stakes In Ottawa, Calgary Rental Towers For $173M Amid Portfolio Shift
RioCan sold Frontier, Latitude, and Luma in Ottawa to Killam Apartment REIT and Brio in Calgary to Boardwalk REIT.
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.
Mortgages
Ontario Mortgages In Delinquency Surge 71% Over Last Year's Level
Canadian non-mortgage delinquencies reached "levels not seen since 2009" in the first quarter of 2025.
First Time Buyers
What You Need To Know About The Feds' New GST Rebate For First-Time Buyers
The key details about the First-Time Home Buyers' GST rebate and its scope, and how the industry is reacting.
REITs & Institutions
InterRent REIT To Be Acquired By Insider And Singaporean Wealth Fund For $4B
The bid comes from Mike McGahan, the current Executive Chair of InterRent REIT, and GIC, the Singaporean sovereign wealth.
Real Estate News
Toronto City Council Approves 7 High-Rise Proposals From Choice, Diamante, And More
The lion’s share of development applications before Council this month got the green light, which is perhaps a testament to the intensified emphasis on homebuilding in Toronto.
Load more