Canada’s commercial office sector is down but not out, according to a panel of commercial real estate professionals assembled for the Altus Group’s National State of the Market 2021 webinar recently.
On Feb 1, 2021, amendments to the Environmental Management Act and associated changes to the Contaminated Sites Regulation relating to the process for identifying contaminated sites came into force.
Landlord options include taking over indebted retailers to redeveloping mall lands into mixed-use property.
Canada’s builders will have to wait until spring for new federal infrastructure spending to stimulate economic recovery.
Ontario’s construction sector is completely open for business, contrary to a statement made by Ontario Minister of Health Christine Elliott Friday afternoon.
The report noted that while Canada and the rest of the world continue the fight to flatten the curve, economic recovery remains slow
Ontario’s largest municipalities are asking the federal and provincial governments to provide an immediate funding boost for infrastructure projects.
The index shows North America saw the first decline of construction cranes in years. Toronto was a notable exception.
For the Toronto-area real estate industry, the beginning of 2020 was shaping up to be a record-setting year. And then the pandemic happened.