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Saskatchewan-Manitoba

Risk will drive cap rates higher

Risk will drive cap rates higher

Risk associated with pandemic closures and restrictions will push capitalization rates up, according to Colliers International
Pandemic takes toll on Manitoba outfitters

Pandemic takes toll on Manitoba outfitters

“We understand why these health measures are taken but it is a hard pill to swallow when you have to shut down your business.”
Premier Moe tops up $7.5B stimulus plan

Premier Moe tops up $7.5B stimulus plan

Fast-tracked $300 million spending on roads, airports meant to help jump start economy
Saskatchewan oil industry may shutdown

Saskatchewan oil industry may shutdown

Already lean producers see temporary halt as oil price collapses and global demand plunges
Canadian farmland prices increase, but growth rate slows

Canadian farmland prices increase, but growth rate slows

Average farmland value increased in 2019 by smallest amount of the past decade, says Farm Credit Canada
Saskatchewan hotel offers free meals, showers to truckers

Saskatchewan hotel offers free meals, showers to truckers

Holiday Inn Express in North Battleford is virtually empty due to COVID-19, but is staying open to help commercial drivers
Rent relief a minefield for retail tenants and landlords

Rent relief a minefield for retail tenants and landlords

Retailers across Western Canada are calling for action amid COVID-19 crisis, but commercial lease changes can be costly
Retail rents decline in older Saskatoon spaces

Retail rents decline in older Saskatoon spaces

Tenants prioritize newer spaces, leaving existing retail neighbourhoods with increasing vacancy rates, says Colliers
Regina’s office market reflects an economic pause in the province

Regina’s office market reflects an economic pause in the province

There are signs the economy will worsen before it gets better, as developers hold off building new towers
Vacancy rate tightens for Winnipeg’s top office space

Vacancy rate tightens for Winnipeg’s top office space

Shiny new Class A towers being taken up, but Class C and B landlords are feeling the pressure