Canada's 'Steel Town' facing dual threat from tariffs, property assessments
Tariffs could have significantly negative effects on the manufacturing-heavy city
When considering the justification underpinning the tariff war looming over Canada’s economy, it is clear that manufacturing locations are being targeted.
Building bridges while keeping 'elbows up'
Gordie Howe Bridge, to connect Windsor and Detroit, set for completion amid US and Canada tension
The trade relationship between Canada and the United States has become very rocky recently. With the threat of tariffs looming over the entire Canadian economy, the unfolding of th...
Tariff-induced unemployment could create perfect storm for residential markets
Mortgage defaults likely to increase along with jobless rate resulting from trade war
The housing market has been a driving force behind personal wealth creation in Canada for several decades, even managing to avoid much of the losses associated with the global fina...
Office sales dry up across the Greater Toronto Area
Restrictive capital markets and lower office utilization curtail sales activity
The office market across the Greater Toronto Area has seen a significant drop in transaction volumes compared to pre-pandemic years. While the drop in office utilization is likely ...
More collaborative approach needed to address what ails the office and residential sectors
Balancing the risks of office and multifamily markets could help stabilize the economy
Canada's various real estate markets are facing myriad crises. Office landlords are reckoning with the erosion of net operating incomes, condo developers are sitting on landbanks u...
Commercial property may go from re-assessed to stressed
Commercial properties facing potentially massive tax hikes following MPAC’s delayed assessments
This article was updated on March 6 to clarify that the Municipal Property Assessment Corp. is reassessing whether to apply the updated property assessment values in 2026. The exac...
Eastern Greater Golden Horseshoe on track for economic growth from new Alto high-speed rail line
Proposed new rail line linking Toronto and Quebec City touted as cutting transit time between Toronto and Montreal to roughly three hours
Canadian Prime Minister Justin Trudeau and Minister of Transport Anita Anand last week announced that funding has been confirmed for the development phase of the Toronto-Québec Cit...
Tariffs cast a pall over Toronto’s industrial market
Lease-up of new speculative space has been mixed across the GTA
Facing the emerging threat of tariffs, we may see a pullback in demand for available industrial space as manufacturers and distributors assess the situation.
Toronto's industrial markets may need to recalibrate after a turbulent couple of years
Mismatch between supply and demand for industrial space is a global story
One of the main reasons real estate markets appear to be in a constant state of overcorrection is the lengthy reaction time to changes in demand and delivery. Unlike stocks or bond...