The feed · Edmonton
Better Dwelling · Economic
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Taps Leveraged Hedge Funds For Over 40% of New Debt, Warns BoC Canada’s central bank has growing concerns about how the country is financing its debt. In its annual risk report, the Bank of Canada warns that hedge fund
Canadian Mortgage Trends · Economic
Strong hiring in leisure and hospitality helped fuel a surge in hiring in the U.S. and Canada last month as the two nations geared up to host the FIFA World Cup starting next week.
Storeys · Real Estate
Concert Properties Ltd. has announced the formation of a joint venture with a Brookfield affiliate for a Canadian industrial portfolio valued at approximately C$1 billion.The deal brings together eight properties totalling roughly 5.3 million sq. ft across Vancouver, Toronto, Calgary, and Ottawa. Th
Better Dwelling · Economic
Canada just entered a technical recession, but it’s also apparently in the middle of a hiring boom? Statistics Canada’s (StatCan) Labour Force Survey (LFS) shows a sharp climb in employment in May. In fact, it marks the third-most jobs added to employment outside of the pandemic recovery. That doesn
Canadian Mortgage Trends · Economic
Employment in Canada increased by a surprising 87,800 in May after a soft start to the year for the labour market, bringing the jobless rate down to 6.6%.
Canadian Mortgage Trends · Economic
Tango’s partnership with Tactical Mortgage Solutions is the latest example of brokerages investing in tools meant to improve client conversations, conversion and advisory service.
Canadian Mortgage Trends · Economic
Slashing municipal development charges would not be enough on its own to make homes affordable again across Canada, says a new analysis from the federal housing agency.
Canadian Mortgage Trends · Economic
Canada made new and detailed proposals on trade to the U.S. based on negotiating progress in recent weeks, said Canadian cabinet minister Dominic LeBlanc.
Canadian Mortgage Trends · Economic
Canada’s labour productivity declined for a second consecutive quarter as hours worked increased while output declined.
Better Dwelling · Economic
Canada’s central bank is concerned about how the country is financing its debt. The Bank of Canada’s (BoC) latest Financial Stability Report flags the growing role of hedge funds in public bond auctions. They now represent over 40% of new Government of Canada (GoC) bond purchases, often financed wit
Storeys · Real Estate
Upfield Capital has acquired Cornerstone at Uplands, a 181-unit purpose-built townhome rental community currently under construction in Edmonton. The Vancouver-based real estate investment and asset management firm made the acquisition in partnership with Arrowleaf Real Estate.The acquisition comes
Storeys · Real Estate
What’s old is new on the modern building front. At least, that's the case for Canada’s most strategic developers. Today’s construction challenges range from sky-high costs and supply shortages to perpetual economic uncertainty. This is a relatively new reality. For years, a surging real estate marke
Better Dwelling · Economic
Canadian banks aren’t just seeing delinquencies rise—they’re losing market share. Canadian Bankers Association (CBA) data shows the arrears rate was unchanged in March. Delinquent mortgages stalled at one of the highest levels in a decade, after doubling from 2022 lows. However, the big story last m
Better Dwelling · Economic
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian GDP Now Shows Recession, BMO Says Not Quite Canadian GDP surprised the market by falling for a third time in the past year. Real GDP fell 0.1% annualized in Q1 2026, meaning the economy now fits the traditional defin
Better Dwelling · Economic
The Canadian economy is officially in a technical recession, but at least one Big Six bank says we’re not there. At least, right now. Statistics Canada (StatCan) data shows real gross domestic product (GDP) fell in Q1 2026. BMO Capital Markets told investors the data will fuel a technical recession
Better Dwelling · Economic
Canadians aren’t exaggerating when they complain about this job market—hiring hasn’t been this weak in almost a decade. Statistics Canada (StatCan) data shows fewer job vacancies in March than last year. Those looking for employment face the weakest vacancy rate in nearly a decade, a red flag for th
Storeys · Real Estate
STOREYS is proud to be part of a major expansion of one of Canada's most recognized industry awards programs.40 Under 40 has undergone an industrial revolution. The iconic awards program will still recognize up-and-coming leaders, but for the first time ever, nominees from industrial backgrounds bey
Storeys · Real Estate
On May 7, Chartwell Retirement Residences (TSX: CSH.UN) entered into a definitive agreement to acquire a minority ownership stake in Seasons Retirement Communities through a new joint venture with Fengate Asset Management.Chartwell will own a 30% stake in the joint venture, while Fengate — the exist