Much ink has already been spilled over the rebound in housing that's underway in some of Canada's largest markets. After a volatile 2018 and an exceptionally brutal winter, home sales began to recover, particularly in the Toronto and Vancouver regions. The country's all-seeing housing eye, the Canada Mortgage and Housing Corporation (CMHC), recently published it's optimistic 2020-2021 market outlook. The organization famously predicted that 2019 would be one of the worst... [read more]

FORMER HUDSON'S BAY PRESIDENT BONNIE BROOKS IS SELLING HER SWANKY YORKVILLE CONDO Steve Kupferman, Toronto Life Image courtesty of: Sotheby's International Realty As president and, later, vice-chair of Hudson's Bay Company, Bonnie Brooks helped transform the chain from a tired mall retailer into a national fashion brand powerful enough to swallow Saks whole. Although she resigned her role at the company in 2016, she still has a number of high-profile positions, including a... [read more]

RIOCAN TRANSFORMING SOME RETAIL SHOPPING CENTRES INTO MIXED USE COMMUNITIES WITH RENTAL, CONDO UNITS The Canadian Press, Financial post Image courtesty of: Derek Ruttan / The London Free Press / Postmedia Network RioCan Real Estate Investment Trust says it will turn some of the retail shopping centres in its portfolio into mixed-use communities that have the potential for more than 20,000 residences in six major Canadian markets. The announcement of the RioCan Living brand... [read more]