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Top Storeys News

Bank of Canada again holds key interest rate at 2.75%
Bank of Canada · Canada

Bank of Canada again holds key interest rate at 2.75%

58% Left coverage: 36 sources
The Bank of Canada announced Wednesday it will hold its key interest rate at 2.75 per cent. See the Story
Greater Toronto home sales fall 13.3 per cent in May: board
Toronto, ON · Toronto

Greater Toronto home sales fall 13.3 per cent in May: board

60% Left coverage: 15 sources
See the Story
‘The Bank Really Is in a Difficult Position Here’: Why the BoC Faces ‘Risky’ Interest Rate Decision
Tom Cruise

‘The Bank Really Is in a Difficult Position Here’: Why the BoC Faces ‘Risky’ Interest Rate Decision

50% Left coverage: 12 sources
Some economists say Bank of Canada governor Tiff Macklem finds himself in his own high-stakes circumstances with the central bank’s interest rate decision on Wednesday.See the Story

Oxford Acquires Full Ownership of High-Quality Western Canada Office Portfolio From CPP Investments

56% Left coverage: 9 sources
The four million square foot portfolio comprises seven office properties in the Calgary and Vancouver central business districts TORONTO, June 3, 2025 /CNW/ - Oxford Properties Group ("Oxford"), a leading global real estate investor, developer and manager, and Canada Pension Plan Investment Board ("CPP Investments"), a professional investment management organization, today announced that they have closed on a transaction where Oxford will acquir…CPP InvestmentsSee the Story

East Vancouver Safeway redevelopment approved despite affordability concerns

100% Center coverage: 1 sources
A plan to build more than 1,000 units of rental housing on the site of an East Vancouver Safeway got the greenlight from city council Wednesday – despite concerns that none of the units will be affordable.Vancouver, British Columbia · VancouverSee the Story

Burnaby's Central Park District Taking Shape With Wave Of High-Rise Completions

Over the years, development activity in Burnaby has shifted from neighbourhood to neighbourhood. Metrotown and Lougheed were two of the earlier development hotspots due to their large regional shopping centres; much of the attention in recent years has been more focused on Brentwood as a result of its own regional shopping centre, while Edmonds and Royal Oak appear to be next in line after new community plans were approved for both this year.How…Burnaby · BurnabyRead Article

Modular Housing Might Be The Way, But Governments Must Consult With Builders

The prefabricated and modular housing industry is growing by leaps and bounds around the world. Canada is no exception.The nation’s modular construction market is expected to reach a valuation of $16.5 billion by 2029, up 8.1% from 2024. The prefabricated home manufacturing industry has grown at an average annual rate of 5.2% over the past five years to reach $3.8 billion in 2024.There are many reasons for the sudden surge. Canada needs housing …Toronto, ON · TorontoRead Article

It Might Look Like Canada’s Housing Crisis Is Turning A Corner — It Isn’t

Scan recent headlines and you might believe Canada’s housing crisis is finally turning a corner. Well, it isn’t.Toronto, ON · TorontoRead Article

Are Supertalls A Sustainable Way To Combat The Housing Crisis?

Build upwards not outwards has become the mandate of urban centres around the world, Toronto included. Population growth, increased housing demand, skyrocketing land values, and the perils of urban sprawl have necessitated increased density, and meanwhile, we've seen the emergence of innovative engineering as buildings stretched higher and higher into the clouds.This combination of necessity and technology have led developers and architects to t…Toronto, ON · TorontoRead Article

Vancouver Proposing Suite Of Changes To DCLs, CACs To Support Project Viability

As the real estate market continues its downward turn, local governments across Metro Vancouver (and beyond) have shown a strong willingness to tweak their policies in an effort to provide some relief to homebuilders and to get shovels in the ground. The latest municipality to do so is the City of Vancouver. "Development viability is under increasing strain due to a wide range of factors, such as construction cost escalation, impending tariff im…Real Estate · VancouverRead Article

Carttera Buys Queen Street W Project From Republic For $28M, Planning 27 Storeys

A large high-rise project set for the Queen West neighbourhood of Toronto has changed hands, with Republic Developments selling the project to real estate developer and investment manager Carttera, who has already submitted revisions for the project. The site of the project is 1266 Queen Street West, directly adjacent to the Parkdale Amphitheatre at the intersection of Queen Street West and Dufferin Street, as well as the Canadian Pacific Railwa…Real Estate · TorontoRead Article

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