A number of development proposals received zoning approvals at Wednesday's Toronto City Council meeting, bringing them one step closer to fruition.
read allAllied Properties REIT acquired stakes in Deloitte Summit and Toronto House from Westbank in March 2024, then acquired the remaining interest in December.
read allIt’s no secret that Canada’s construction industry had weathered a few rough years, thanks to everything from climbing material costs and labour shortages to sky-high interest rates and rising development fees. Tariffs will only make a challenging situation worse – both in Canada and south of the border.
read allWednesday’s decision — the first of the year — brings the policy rate down to a tidy 3%.
read allThe economic climate over the past month has been turbulent enough to spur a fresh wave of speculation.
read allEstimates show that Ontario needed to start 200,000 new homes to keep up with the rate of population growth last year and achieved just 82,000.
read allNotable projects that are set to be completed this year include projects by QuadReal, Westbank, PCI Developments, and Bosa Properties.
read allReductions in the cost of borrowing and continued need for more housing and infrastructure should spell opportunities for growth, if the labour availability can be managed.
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