Canada’s economy set for second quarter rebound, breaking slump
Canada’s economy is set to rebound sharply in the second quarter amid a spike in oil production, breaking a half-year of stagnation. By Erik Hertzberg with assistance from Mario Baker Ramirez. June 30, 2026 (Bloomberg) — Canada’s economy is set to rebound sharply in the second quarter amid a spike in oil production, breaking a half-year of stagnation. Gross domestic product expanded 0.1% in May, according to a flash estimate from Statistics Canada released Tuesday. It rose 0.5% in April,...
read moreVancouver industrial space driven by large-format users in Q2
Peter Mitham, Jun 30, 2026 3:30 PM Vancouver’s industrial market is seeing strong demand for a limited supply of large-format space, with Grosvenor Canada signing its largest-ever lease on Annacis Island. S&S Activewear Canada Inc., a distributor of branded merchandise, has leased Millennium 6, a 162,650-square-foot warehouse at 1005 Derwent Way built in 2014. Previously occupied by two tenants, the property will now have a single tenant in S&S. The deal more than doubles S&S’s...
read moreThe state of Canada’s economy halfway through 2026
By Marc Desormeaux – Vice President, Policy & Economist, Business Council of Canada July 2, 2026 Around Canada Day, we often return to a familiar narrative: a country that weathers disruption, adapts, and ultimately emerges stronger. Indeed, after a mostly flat performance last winter, GDP data released this week shows that the economy rebounded strongly in the second quarter of 2026. Economists forecast above-potential growth for the remainder of the year as exports and investment...
read moreGarry Marr: Why tracking the return to the office is no longer a thing in Toronto
The plan to discontinue the report comes amid realization that hybrid work is here to stay as office workers crave flexibility By Garry Marr, Published Jun 29, 2026 About half a decade and a global pandemic later, the Strategic Regional Research Alliance is looking to finally pull the plug on tracking whether people are occupying Toronto offices. There is little doubt occupancy has been going up since the pandemic ended, but the reality is that the trend has peaked, and some degree of...
read moreWEEK OF JULY 6, EVENTS WITH JILLIAN KATZENBACK
Events for the week of July 6, 2026 2026 FRPO Women in Rental Housing Luncheon – MAC Awards – ARLA Member Appreciation BBQ – ARLA Lawn Bowling Networking Event Show – 2026 Informa Buildings Show – Speakers for BUILDEX Vancouver – CMHC Developer Survey – 2026 FRPO Charity Golf Classic – LPMA Golf – 2026 RHPNS Golf Tournament – 2026 Breast Ball Charity...
read moreWEEK OF JUNE 29, EVENTS WITH JILLIAN KATZENBACK
Events for the week of June 29, 2026 2026 FRPO Women in Rental Housing Luncheon – MAC Awards – ARLA Member Appreciation BBQ – ARLA Lawn Bowling Networking Event Show – 2026 Informa Buildings Show – Speakers for BUILDEX Vancouver – CMHC Developer Survey – 2026 FRPO Charity Golf Classic – LPMA Golf – 2026 RHPNS Golf Tournament – 2026 Breast Ball Charity...
read moreHomes under $500K taking up bigger share in Ontario real estate market: report
Condos account for much of the recent uptick in affordability, data shows The Canadian Press · Posted: Jun 24, 2026 A new report says homes valued under $500,000 are taking up a bigger share of Ontario’s real estate landscape, led by a shift in the condominium market. New data released by the Municipal Property Assessment Corp. (MPAC) showed those lower-valued homes now account for nearly 24 per cent of Ontario’s real estate market, up from 17 per cent in 2022. Despite that...
read moreEconomists slash Canada’s 2026 growth outlook after recession talk
A surprise economic slump to start the year prompted forecasters to slash their expectations for Canada’s growth for 2026. By Erik Hertzberg and Dana Morgan, June 26, 2026 (Bloomberg) — A surprise economic slump to start the year prompted forecasters to slash their expectations for Canada’s growth for 2026. Economists in a Bloomberg survey now see Canada’s economy expanding just 0.7% this year after shrinking in the first quarter. If it comes to pass, it would be the weakest yearly pace of...
read moreCPP Investments, Lendlease selling rental portfolio
$670M in net proceeds is expected to go to CPP Investments under the deal The Canadian Press, June 26, 2026 The Canada Pension Plan Investment Board and real estate group Lendlease have signed a deal to sell their Elephant Park residential portfolio in London to Greystar. CPP Investments is expected to receive $670 million in net proceeds under the deal for the 904-home portfolio. Lendlease, an Australian firm, is expect to receive A$260 million. Since CPP Investments’ and Lendlease’s initial...
read moreOver 2,100 Quebec households still looking for housing as July 1 approaches
By Caroline Plante, The Canadian Press and News Staff Last Updated June 28, 2026 With less than a week to go before July 1, 2,153 households were actively being assisted by a housing search service in Quebec, the Front d’action populaire en réaménagement urbain (FRAPRU) reported Thursday—more than at the same time last year. For Véronique Laflamme, spokesperson for FRAPRU, this situation is concerning, especially as housing vacancy rates have risen in several areas. “Housing units are being...
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