Tech and AI driving office leasing in Vancouver and other gateways, says report
Technology industry could reshape commercial real estate in years ahead, says CBRE Jami Makan, May 12, 2026 AI is expected to be a major growth driver for Vancouver’s tech industry and office space demand over the next decade, according to a new report. The commercial real estate market could be reshaped as AI adoption scales across industries and transforms business, said the 2026 Tech Gateway Office Markets report by CBRE Ltd. The report, released Monday, examined how a tech growth cycle is...
read moreCanadian Developers Set A Record For Completed & Unsold New Homes
Tiffany Greene, Data journalist, and contributing editor. May 15, 2026 Canadian real estate went from a speculative asset with global demand to a glut in just a few years. Canada Mortgage and Housing Corporation (CMHC) data shows completed and unabsorbed inventory rose in April. Builders are now sitting on the most completed and unsold new homes in the country’s history—and there’s a lot more supply in the pipeline. What Are Completed & Unabsorbed New Homes? Completed and unabsorbed homes...
read moreWEEK OF MAY 18, EVENTS WITH JILLIAN KATZENBACK
Events for the week of May 18, 2026 2026 RHC Conference – RHPNS Webinar – ARLA Webinar – ARLA Breakfast Meeting – The Brott Music Festival – 2026 BILD Awards Show – 2026 HDAA Golf – 2026 Greenwin Cares Golf Classic – 2026 FRPO Charity Golf Classic – LPMA Golf – 2026 Cohen Highley Charity Golf – 2026 RHPNS Awards Gala, Dinner and...
read moreBILD: The City of Vaughan is leading by example on development charges
The City of Vaughan’s decision to cut development charges paves the way for further growth opportunities and an example for other municipalities to draw from. Author of the article: Dave Wilkes, Published May 15, 2026 The City of Vaughan made a historic move on April 28 – one that has never occurred in the Greater Toronto Area (GTA) as long as development charges have been in use and, to my knowledge, has only occurred in North Bay and for a period of time in St. Catharines. With respect...
read moreReal estate firm plans to turn $500M worth of Toronto condo stock into rentals
Montreal-based Jesta Group looking to acquire more than 1,000 condo units Alina Snisarenko · CBC News · Posted: May 14, 2026 A Montreal-based private equity firm says it’s planning to buy $500 million worth of unsold condo units and turn them into rentals in a bid to “stabilize” the housing market. Jesta Group, a family-owned global real estate firm, announced its entry into the Toronto housing market on Tuesday when it acquired a “bulk condominium portfolio” valued at $30 million located near...
read moreCanada Will Soon Spend 1 in 3 Dollars on Debt & Elderly Benefits
Stephen Punwasi, May 7, 2026 Canada’s debt problems are approaching the point of no return, likely cementing the end of the low-rate era. The Parliamentary Budget Officer (PBO) broke down federal spending and revenue for 2026-27. While critics focus on corporate welfare and loose spending, the real issue is much worse. The data reveals that over a quarter of revenue is already allocated to debt and elderly benefits. That amount is set to surge to over a third of all revenue by the end of the...
read moreCanadian Office Vacancy Expected To Hit Pre-Pandemic Levels By 2029
The national office vacancy rate in Canada peaked in 2025 at 14.9%, but is now on the decline again. Howard Chai, May 08, 2026 Six years later, office markets across the country (and beyond) are still feeling the impacts of the COVID-19 pandemic, which changed the world forever by making remote work mainstream. But things are on the upswing. In Q1 2020, at the onset of the pandemic, the national office vacancy rate was just under 8% according to commercial real estate services firm Colliers....
read moreCanada’s mid-size cities are growing like big ones — and running into the same fights
From Halifax to Kelowna, denser housing is reshaping mid-size cities to grow up, instead of out Colin Butler · CBC News · Posted: May 06, 2026 For generations, growth in many Canadian cities meant the same thing: new subdivisions at the edge of town, detached homes, longer roads and outward expansion. Now, rising land costs, changing affordability pressures, population growth and public policies have pushed builders to add more multi-unit housing, not just newer subdivisions at the edges of...
read moreCutsey to Succeed Kenney as CEO of CAPREIT
By: Monte Stewart, May 8, 2026 Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has announced that president and CEO Mark Kenney will retire on July 2 and be succeeded by Brad Cutsey. Kenney will also resign from the board, with Cutsey set to join it on the same date. “I have greatly enjoyed the nearly 30 years I have spent with CAPREIT,” said Kenney. “I would like to thank our board and management for their collaboration and partnership throughout my time as CEO. I know...
read moreWEEK OF MAY 11, EVENTS WITH JILLIAN KATZENBACK
Events for the week of May 11, 2026 2026 RHC Conference – HDAA Meeting – The Brott Music Festival – 2026 BILD Awards Show – 2026 HDAA Golf – 2026 Greenwin Cares Golf Classic – 2026 FRPO Charity Golf Classic – 2026 NAIOP Golf – 2026 Cohen Highley Charity Golf – 2026 RHPNS Awards Gala, Dinner and...
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