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6 Developments Toronto City Council Approved This Week Listing Image

6 Developments Toronto City Council Approved This Week

  • Posted: 07 Feb 2025
  • By: Teagan Sliz

A number of development proposals received zoning approvals at Wednesday's Toronto City Council meeting, bringing them one step closer to fruition.

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Westbank Sells Remaining Stake In Deloitte Summit & Toronto House For $60.5M Listing Image

Westbank Sells Remaining Stake In Deloitte Summit & Toronto House For $60.5M

  • Posted: 05 Feb 2025
  • By: Howard Chai

Allied Properties REIT acquired stakes in Deloitte Summit and Toronto House from Westbank in March 2024, then acquired the remaining interest in December.

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"Chaos And Higher Prices": Building Industry Sounds Off On Trump's Tariffs Listing Image

"Chaos And Higher Prices": Building Industry Sounds Off On Trump's Tariffs

  • Posted: 03 Feb 2025
  • By: Erin Nicole Davis

It’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.

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Bank Of Canada Cuts Interest Rate Down To 3%, Lowest Since 2022 Listing Image

Bank Of Canada Cuts Interest Rate Down To 3%, Lowest Since 2022

  • Posted: 29 Jan 2025
  • By: Zakiya Kassam

Wednesday’s decision — the first of the year — brings the policy rate down to a tidy 3%.

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Where Every Big Bank Stands On Wednesday's Interest Rate Announcement Listing Image

Where Every Big Bank Stands On Wednesday's Interest Rate Announcement

  • Posted: 27 Jan 2025
  • By: Zakiya Kassam

The economic climate over the past month has been turbulent enough to spur a fresh wave of speculation.

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Ontario Only Added 40% Of The New Homes It Needs To Keep Up With Population Listing Image

Ontario Only Added 40% Of The New Homes It Needs To Keep Up With Population

  • Posted: 23 Jan 2025
  • By: Zakiya Kassam

Estimates 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.

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10 Major Metro Vancouver Developments Set To Complete In 2025 Listing Image

10 Major Metro Vancouver Developments Set To Complete In 2025

  • Posted: 21 Jan 2025
  • By: Howard Chai

Notable projects that are set to be completed this year include projects by QuadReal, Westbank, PCI Developments, and Bosa Properties.

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Anticipating growth as 2025 unfolds Listing Image

Anticipating growth as 2025 unfolds

  • Posted: 17 Jan 2025
  • By: Adam Freill

Reductions 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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