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report on business
Economy grew 0.2 per cent in May, StatCan estimates 2.2 per cent annualized growth in Q2
Shoppers cross Yonge-Dundas Square outside Eaton Centre in Toronto on June 5, 2024. June 5, 2024. (Sammy Kogan/The Globe and Mail)
report on business
Flirting with insolvency, Slate Office REIT sees board battle erupt between executives and activist investor
<div>Units in Slate Office REIT fell nearly 20 per cent after the trust suspended its monthly cash distributions and announced a plan to sell a large part of its portfolio of properties. Office towers, hotels and condos are seen in downtown Vancouver, Sunday, Oct. 25, 2020. THE CANADIAN PRESS/Darryl Dyck</div>
real estate
Development industry pushed to build ties with Indigenous groups
Senakw, a First Nations-led development that will include 6,000 units of mostly rental apartments in 11 towers to be built on part of the traditional land of the Squamish Nation in Kitsilano, across the False Creek inlet west of downtown Vancouver. Southeast View From Sunset Beach And False Creek
calgary and edmonton real estate
Office-to-hotel conversion is bringing something new to Calgary’s downtown core
Renderings of Element by Westin, an extended-stay hotel renovation of a former office space in downtown Calgary. When completed in the summer of 2025, the 12-storey building will comprise 226 fully furnished and equipped suites.
report on business
Mirage closes its doors on the Las Vegas Strip
FILE - Dallas Cowboys' fans Tom Connolly, left, and Eddie Hidalgo, of Los Angeles, celebrate in the Mirage hotel and casino's sports book after winning one of their bets on the Super Bowl Sunday, Jan. 28, 1996, in Las Vegas. Gambling ends Wednesday, July 17, 2024, and the doors will close at The Mirage, the iconic tropical island-themed Las Vegas Strip hotel-casino that sparked a resort building boom when it opened in 1989 but became overshadowed while Sin City converted from a desert gambling hub to a worldwide entertainment destination.(AP Photo/Lennox McLendon)
real estate
Private sector steps in to help postsecondary students struggling to find housing
A woman uses her phone as students stand outside after a fire alarm forced the evacuation of a building at the University of British Columbia, in Vancouver, on Friday October 26, 2018. THE CANADIAN PRESS/Darryl Dyck
toronto
Toronto report eyes province’s requirements under Ontario Science Centre lease
A general view of the Ontario Science Centre in Toronto on May 5, 2023. THE CANADIAN PRESS/Chris Young
property report
Urban land crunch drives auto dealerships to rethink space
An Audi dealership in the GTA’s Richmond Hill, currently occupied by several lowrise shops along Yonge Street will have about 55,000 square feet of dealership and 300,000 square feet of residential in 370 units. The green roof of the dealership will be used as an outdoor amenity of the building.
politics
Key decommissioning of 24 Sussex nearly done but fate of former PM’s official residence still unclear
A tourist looks towards the Prime Minister's residence at 24 Sussex Drive in Ottawa, Tuesday, May 6, 2008. The stone residence that's supposed to house the prime minister in regal splendour is a drafty, outmoded plumbing nightmare that would take $10 million to fix, says Auditor General Sheila Fraser. THE CANADIAN PRESS/Tom Hanson
report on business
Business Brief: Now is the summer of our (labour) discontent
Workers and supporters hold a picket line outside the LCBO distribution centre in Mississauga, Ont. as OPSEU union members continue their strike on Tuesday, July 9 2024. THE CANADIAN PRESS/Cole Burston
report on business
CPPIB, AIMCo and Brookfield put downtown Toronto office building back on the market
The CN Tower and downtown viewed from Trillium Park in Toronto on April 4, 2024. Proudly multicultural with an outstanding art scene, fantastic food and a patchwork of diverse neighborhoods to explore, this sprawling city — Canada’s most populous — has more to offer than one could possibly digest in a single weekend. (Eugen Sakhnenko/The New York Times)
property report
How a beach resort is rebuilding, long after its amusement park shut down
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real estate
Buffalo’s Larkinville is a repurposed neighbourhood creating new history
Larkinville, Buffalo, N.Y. Larkin Square.
canada
Morning Update: Inside Canada’s busted housing market
A housing development is pictured near the Jackson Heights area of Peterborough, Ontario, on June 27, 2024. Between 2016 and 2021, the stock of three-bedroom homes in Peterborough grew more than in all of Toronto, while that city focused on building shoeboxes. Many families have made the move from Toronto to Peterborough. (Laura Proctor/The Globe and Mail)
canada
Toronto councillors approve motion urging city to take control of Ontario Science Centre
Ontario is searching for a temporary home for the Ontario Science Centre at a fraction of the size of the building the province abruptly closed last week due to structural concerns. A general view of the Ontario Science Centre is shown in Toronto, Friday, May 5, 2023. THE CANADIAN PRESSChris Young
arts
Marilyn Monroe’s former Los Angeles home declared a historic monument to save it from demolition
FILE - The backyard of the home where Marilyn Monroe lived is shown after she was found dead in Hollywood, August 5, 1962. The Los Angeles City Council voted to declare the home where Marilyn Monroe briefly lived and died a historic cultural monument in order to save it from demolition by its owners. (AP Photo/Harold Filan, File)
real estate
New homes to rise out of ashes of collapsed builder Stateview
A rendering of Canterbury Lanes, a 48-unit townhouse project in King City, Ont. by Camcos Living. Credit: Camcos Living
report on business
Canada’s bank regulator keeps capital buffer unchanged, cites elevated risks in financial sector
PLEASE DONT USE. OLD CIBC LOGO FILE PHOTO: A combination photo shows Canadian investment banks RBC, CIBC, BMO, TD and Scotiabank in Toronto, Ontario, Canada on March 16, 2017. REUTERS/Chris Helgren/File Photo
british columbia
North Vancouver’s ICBC headquarters to become housing project development site
A building that currently houses British Columbia's public vehicle insurance head office in North Vancouver will be transformed into an urban housing development with strategic transit connections. British Columbia Premier David Eby speaks during a news conference in Vancouver, B.C., Thursday, June 13, 2024. THE CANADIAN PRESS/Darryl Dyck