Other Regions

Canada lost 1.01 million jobs in March

Jeremy Hainsworth

Private sector hit hardest, largest losses in accommodation, food services

‘Savvy’ U.S. firms boost Canadian expansion plans for 2020

More than half of U.S. firms in survey said they are considering setting up shop in Canada

Coronavirus outbreak could harm Canadian economy: RBC

Oil prices and international travel the most affected, especially as China-to-Canada travel has multiplied in recent years, warn economists

Canadian businesses need an Asian political primer

Geopolitics is increasingly a consideration for Canadian business interests in Asia: report

Canadian export prospects hinge on next U.S. presidential election

“If Trump continues, what type of oxygen is going to get sucked out of the foreign affairs and trade department?”

Pure Multi-Family Real Estate Investment

Pure Multi-Family REIT sold for $1.5BN to Atlanta firm

Vancouver-based real estate investment trust holds extensive U.S. rental building portfolio, mostly in the fast-growing Sun Belt

Canada’s office construction outpacing U.S.’s by nearly double: Colliers

Rate of building relative to size of office market is 87 per cent higher in Canada than U.S. – but why?

Lough Cutra Castle Ireland Marriott Homes and Villas

Marriott to take on Airbnb with new home-sharing business

Line between home-sharing and hotel industry increasingly blurred, as Airbnb adds hotel rooms to its short-term rental offerings

Which hot trends will affect the residential market in 2019?

Social needs, blurring of live-work boundaries, disruptive tech and short-term rentals among factors influencing how we buy and build homes

British Columbia

B.C. casino chain first in line for Ottawa cash

September 25, 2020

Burnaby, B.C.-based casino chain is the first to receive funds under a federal emergency loan program aimed at large employers

Sovereign tower in Burnaby’s Metrotown | Google Street View

Condo owners ordered to pay developer back $1.3 million

September 22, 2020

Court ruled that 202 owners are on the hook for shared building costs that had been unpaid since the Burnaby tower opened five years ago

Alberta

Melcor Developments opens 160-acre community in Airdrie Sept. 15. | Kelsey Yates, Airdrie Echo

Alberta residential developers busy banking land and building

September 24, 2020

Big residential developers are securing huge land parcels in southern Alberta in anticipation of the post-pandemic economic rebound

Marriot’s new Residence Inn, Calgary. | Submitted

Marriott market cap plunged 31 per cent this year

September 23, 2020

Major Western Canada hotel developer has suffered the worst decline in market capital this year among world’s five largest hotel chains

Saskatchewan-Manitoba

Mac the Moose racks multimillion-dollar marketing message

September 25, 2020

Moose Jaw’s iconic and heroic mascot won an international Moose war and provided a $7 million marketing boost to the city

Truck-stop hero captures business award

September 15, 2020

Melissa Carson – who donated hundreds of home-made meals to truckers during the pandemic lockdown – honoured in Saskatchewan’s largest business awards

Multi-Family

Multi-family rentals virtually immune from coronavirus attack

March 23, 2020

Residential rentals could well be the focus of a “flight to safety” during a volatile economic environment

Silver lining? Investor demand surges for Metro Vancouver apartment buildings

March 16, 2020

Dramatic cuts in lending rates, due to coronavirus pandemic, have led to “insatiable appetite” from major players to invest in multi-family assets, says broker

Finance

THE NUMBERS

April 25, 2020

The number of Canadians who were unemployed increased by 413,000 (36.4 per cent) from February to March, the largest monthly change since comparable data became available ...