News

Govt. of Canada Announces Deferral in Implementation of Change to Capital Gains Inclusion Rate

Today, the Honourable Dominic LeBlanc, Minister of Finance and Intergovernmental Affairs, announced that the federal government is deferring—from June 25, 2024 to January 1, 2026—the date on which the capital ... Read More

10 Toronto Development Proposals On Our Radar From January

From Etobicoke to Scarborough, unassuming parcels of land across the Greater Toronto Area are constantly being eyed up and targeted for housing development by the region's (and country's) array of ... Read More

Tridel Selected as Development Manager to Complete The One

It was announced late yesterday that Tridel has been selected by receiver Alvarez & Marsal as the new development manager, construction manager, and general contractor for The One. The project ... Read More

Bank of Canada Cuts Rates by Half a Point but Signals ‘More Gradual’ Pace

The Bank of Canada delivered a second consecutive interest rate cut of half a percentage point on Wednesday, but signalled the pace of easing may slow as uncertainty builds in ... Read More

Court Challenge Launched Against Ontario Bike Lane Removal Legislation

Group of cyclists claim new law infringes on Charter rights to life and security for bike riders in Toronto A cycling advocacy group is leading a court challenge against recently ... Read More

QuadReal Acquires Toronto Queen St. W. Site for $24.25M

Property contains low rise commercial/residential building, offers redevelopment potential QuadReal has purchased two low-rise buildings at 1149 and 1153 Queen St. W. in Toronto with the assumed intention of redeveloping ... Read More

Quadreal, Mattamy Homes Kick off $6 Billion Project in Toronto

First Phase of Shopping Mall Redevelopment to Include Condo Tower The real estate arm of British Columbia's largest pension fund is joining with a large homebuilder in launching a $6 ... Read More

Dream Impact Sells Property in Toronto’s South Core for $23.7 Million

Purchaser Arkfield Sees Redevelopment Potential Near Waterfront Dream Impact Trust has sold a property in Toronto's South Core in a move to improve liquidity for the publicly traded company. TD ... Read More

First Capital Joins Growing Number of REITs Selling Assets To Increase Liquidity

Retail Landlord Agrees To Sell $66 Million in Assets Involving Two Properties in Toronto First Capital REIT, a retail real estate investment trust with $9.5 billion in assets, agreed to ... Read More

The Sky Is Not the Limit: New Flight Path MZOs Reduce Potential Height of Development in DT Toronto

On Friday, January 26, 2024, the Minister of Municipal Affairs and Housing issued a Ministerial Zoning Order (MZO), O. Reg. 10/24, reducing the heights of the protected air ambulance flight ... Read More