Canada’s federal government, in partnership with the provincial government of Alberta, Calgary’s city government, and Liberty Housing Organization, is providing approximately $24 million in combined funding to build a 57-unit multifamily complex in Calgary. The new...
Canadian real estate professionals are being challenged by a shaky economy and onerous compliance requirements, according to the newly published Ownright Operators Report. In a nationwide poll (excluding Quebec) of more than 1,000 real estate professionals, 67% of...
The real estate developer Groupe HD and the Quebec-focused investment fund Fondaction have broken ground on Laurea – Quartier d’ambition, a residential development in Montreal’s Olympic District sector. According to the companies, the project represents an...
Shelter Lending Corp., a Kelowna, British Columbia-based alternative mortgage lender, has acquired Accepted Financial Corp., a mortgage investment firm headquartered in Langley, British Columbia. The financial terms of the deal were not disclosed. Brad Currie,...
Warehouse One Clothing Ltd., the Canadian specialty fashion retailer, has begun store closing sales at all 128 locations of its Warehouse One and Bootlegger branded locations. On May 7, the financially struggling, Winnipeg-headquartered company announced that was...
Canadian housing starts totaled 279,317 in April, a 17% upswing compared to the 239,747 units recorded in March. According to data from the Canada Mortgage and Housing Corp. (CMHC), actual housing starts were down 1% year-over-year in centers with a population of...
Former Arizona Shopping Center Site to Become Affordable Housing Complex
