Finance
Economy
Bank Of Canada Raises Policy Rate To 2.5% In First Hike Since 2023
On Wednesday, the Bank of Canada increased its target for the overnight rate by 25 basis points to 2.5% — marking the first hike since July of 2023 — and said further increases may be needed.
Oct 28, 2026
Economy
Bank Of Canada Holds Interest Rate At 2.25% In September
The Bank left rates untouched, noting the economy gained real ground last quarter while inflation risk builds on oil prices and new tariffs.
REITs & Institutions
Boardwalk REIT, Desjardins Form $292M Western Canada Multi-Family JV
The joint venture is a 50/50 partnership between Boardwalk REIT (TSX: BEI.UN) and Desjardins Global Asset Management (DGAM) with an initial portfolio of 4 assets.
REITs & Institutions
Crombie REIT Buys Safeway At South Surrey's Ocean Park Shopping Centre For $12.7M
The property has been classified under the REIT’s “income-producing” strategy — as opposed to the “redevelopment” strategy — though Crombie REIT is in the process of redeveloping multiple Safeways across Metro Vancouver.
Costly Construction, Decades Of Delays: Canada’s Project Leaders Get A New Playbook
The Canadian Infrastructure Leadership Academy was built to help leaders move from contract-first thinking to the relationship-driven work major projects now demand.
REITs & Institutions
Allied Properties REIT Sells Dominion Square, 5 Other Toronto Assets For $123M
Allied Properties REIT (TSX: AP.UN) has set a disposition target of approximately $500 million, and is about halfway to that target through two quarters.
REITs & Institutions
H&R REIT To Be Acquired In $6.7-Billion Deal With GO Residential
The buyer group includes GO REIT, Blackstone Real Estate, Crestpoint Real Estate Investments, PSP Investments, and CRAL.
Economy
Bank Of Canada Holds Interest Rate At 2.25% In July
Policymakers say the economy is starting to turn a corner after a rough stretch shaped by tariffs, elevated uncertainty, and slower population growth.
REITs & Institutions
Axia Real Assets Bids $1.23B For Plaza Retail REIT
Plaza Retail REIT says the bid from Axia Real Assets was unsolicited, and is now being considered by a special committee.
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.
Taxes
Toronto Slashing DCs By Up To 60% As Ontario Municipalities Sit On Billions In Reserves
A report says Ontario municipalities are accumulating DCs faster than they are spending them, putting a damper on housing construction and leaving governments to rethink how growth is funded.
Economy
Bank Of Canada Holds Interest Rate At 2.25%
Middle East conflict, elevated oil prices, and persistent trade uncertainty cloud the near-term outlook.
Mortgages
TD Introduces Agentic AI To Mortgage And HELOC Application Reviews
TD Bank says this is a first step towards "an end-to-end transformation of its Real Estate Secured Lending (RESL) operations."
Mortgages
How The Strait Of Hormuz Closure Is Impacting Your Mortgage Rate
In a world that runs largely on fossil fuels, almost everything stands to be impacted by an oil shortage of this size. One seemingly unlikely victim? Mortgage rates.
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