Marriott International has ended its licensing agreement with Sonder Holdings, prompting the short-term rental operator to file for Chapter 7 liquidation. The move marks the collapse of one of the most prominent hotel-apartment hybrid models in North America. For Calgary’s evolving hospitality and mixed-use market, the news reinforces the need for financially resilient models as more adaptive reuse and conversion projects come online. Connect with Clearview:  For market news

Developers and investors are accelerating off-campus student housing projects across Western Canada — addressing one of the country’s most undersupplied real estate asset classes.   In Metro Vancouver, Forum Asset Management is moving into a leadership position in the student housing sector. Following its $1.7 billion acquisition of Alignvest Student Housing — a 17-property portfolio comprising more than 7,150 beds — Forum has advanced new projects in the region, including a

Canada’s tourism sector saw an all-time high this summer, with $59 billion in revenue between May and August — up six per cent year-over-year , according to Destination Canada.   Key drivers included:• Domestic tourism up 7% , as more Canadians travelled within the country.• International travel up 10% , led by strong overseas markets.• National hotel occupancy at 80.7% in August — the highest since 2014.   In Alberta, operators like Crowsnest Adventures saw business quadru

The CFIB Business Barometer shows small business optimism declining again, with the 12-month outlook falling to 46.3.   Trade tensions are weighing heavily — 72% of business owners report negative impacts — while weak demand and cost pressures continue to challenge operations. Alberta confidence remains below the 50-point mark, echoing cautious expectations heading into year-end.   Connect with Us: Interested in how these confidence trends could influence upcoming leasing ne

The Globe and Mail’s Report on Business has released its Top Growing Companies of 2025 , and Alberta is strongly represented.   Calgary highlights include: Valeura Energy (#1 overall) – 20,064% three-year revenue growth. PurposeMed (#23) – virtual health care provider. Helcim (#44) – cloud-based payment platform. Saturn Oil & Gas (#49) – energy producer. Goodlawyer (#50) – legal services platform. Virtuous Circle Counselling (#60) – therapy services. Rayner Constructio

A worker needs to earn more than double Alberta’s $15/hour minimum wage to afford a one-bedroom apartment at the 30% income threshold....

Downtown Calgary’s 28-storey First Tower has been acquired by G2S2 Capital Inc. and its affiliate Armco Group of Companies.   The...

Alberta’s film and TV sector contributed about $450 million to the province’s GDP in 2023 and supported more than 3,200 jobs, according...

Calgary is marking two major milestones in aviation training: Mount Royal University will celebrate the grand opening of its new...

Imperial Oil is moving ahead with plans to downsize as part of a broader restructuring effort. The company says the changes are aimed at...

A new National Bank report shows real investment in industrial machinery and equipment has fallen to its lowest level since 1981—starkly...

Vancouver is moving to remove rezoning requirements in key corridors like Broadway and Cambie—allowing developers to proceed directly to...

The CFIB Business Barometer shows Canadian small business confidence rising slightly, with the 12-month outlook at 50.2. Short-term...

The Government of Alberta has unveiled a new levy framework for large-scale, grid-connected AI data centres: 2% hardware levy effective...

Calgary has broken ground on Boro Block, a 196-unit below-market rental project at 11 Haddon Road SW, the former YMCA site. The...

Ravelin Properties (formerly Slate Office REIT) has acquired the remaining 25% interest in Commerce West (Etobicoke) and Gateway Centre...

Primaris REIT’s CEO says retail is in a “clean-up phase” as the trust continues to acquire regional malls across Canada. The strategy...

Calgary is steadily building a reputation as one of the most competitive cities in North America for investment and growth. Businesses...

A new National Bank report shows real investment in industrial machinery and equipment has fallen to its lowest level since 1981—starkly...