Alberta’s decision to designate Castle, Fortress and Nakiska as all-season resort areas signals a major step forward in the province’s recreation and tourism development strategy. These sites have long been winter anchors; this new framework opens the door to expanded year-round amenities, upgraded infrastructure and diversified outdoor experiences.   For developers and investors clearer pathways for approvals creates long-term planning certainty and stronger conditions for p

PwC Canada highlights a major shift underway among private companies: demographic pressures, founder retirement timelines and evolving generational expectations are accelerating the need for structured succession planning. For many founders, succession has moved from a distant objective to an urgent strategic priority.   Many founder-led companies still do not have documented succession plans in place, leaving them vulnerable during periods of volatility. At the same time, yo

Calgary’s rental market remained stable through 2025, even as the city delivered one of the largest increases in purpose-built rental supply in decades. Calgary’s rental market is entering a period of sustained balance, supported by strong development momentum and shifting renter preferences toward purpose-built product.   • Vacancy held steady at 5% in 2025, signaling balanced supply and demand despite a sharp rise in completions. • Purpose-built rental supply grew by 11%, t

Calgary’s housing market is cooling from last year’s pace, with sales now aligning more closely to longer-term averages. At the same time, new outlooks from major forecasters, including the Conference Board of Canada, project local economic growth of just under 1.8% this year, with Calgary expected to lead major Canadian cities in GDP growth next year as conditions strengthen.   Implications for commercial real estate: A stabilizing housing environment brings more predictable

Calgary continues to distinguish itself as one of Canada’s most dynamic industrial markets, now ranking second in national demand despite having only the fifth-largest inventory. Momentum is being driven by major retailers such as Amazon, Walmart, Dollarama, and Empire Co. Ltd., each expanding large-scale distribution operations across the region.   A few factors are driving this surge. Calgary’s geographic position gives companies the ability to reach Western Canada within 4

Qualico Communities has launched pre-sales for Vantage Rise, a 160-acre master-planned development in southwest Airdrie that will introduce more than 1,200 homes and a significant new commercial node: Vantage Commons.   Vantage Commons will span 12.25 acres and is designed as a pedestrian-oriented Main Street, integrating shops, services and neighbourhood-scale amenities directly into the residential fabric. This commercial hub positions Vantage Rise as one of Airdrie’s most

The proposed plan for Artis Real Estate Investment Trust (Artis) to merge into RFA Capital Holdings Inc. and form the newly named RFA Financial Inc. is moving forward. A pre-meeting vote indicates that roughly 39.7% of Artis common unitholders have signed support agreements ahead of the December 11, 2025 meeting. The strategic rationale centres on reallocating Artis’s commercial real estate holdings into RFA’s banking and mortgage platforms, which would operate as subsidiarie

Bosa Properties is advancing a major change in use at 888 West Broadway, reshaping the Vancouver project through several iterations to align with shifting market conditions. Originally envisioned as a two-tower, 10-storey hotel and 10-storey office development, the project was later revised to a dual-tower hotel concept. Bosa has now submitted a new proposal: a 15-storey Hilton Curio–branded lifestyle hotel paired with an 11-storey rental tower, with 20% of units offered at b

Calgary once again ranks as the top market to watch in Canada in PwC’s Emerging Trends in Real Estate 2026 report. Despite softer population growth and economic headwinds, the city continues to outperform national peers across several real estate sectors.   Key Market Signals from the Report: Top-tier growth outlook: Calgary’s real GDP growth is forecast to rise from 1.8% in 2025 to 2.6% in 2026, positioning it as Canada’s strongest major city. Record housing construction:

Downtown Calgary is taking a bold stride toward reinvention as the City of Calgary announces nine new office-to-residential conversion projects, adding to what has been a landmark year of transformation for the city’s core.   These projects form part of a larger strategy that has already seen significant progress in 2025 and sets the stage for further momentum in 2026.   The nine newly announced conversions will redevelop approximately 947,000 sq. ft. of office space and deli

Calgary has secured the No. 5 spot on MovieMaker’s Best Cities for Moviemakers 2025 , reinforcing the city’s rise as a North American production hub. With global-profile projects such as The Last of Us and Fargo , expanded provincial tax incentives (22%–30%), and crews skilled in all-season production, Calgary continues to gain international attention.   Recent momentum includes the Cannes-featured Die My Love , filmed in Calgary and now in global release — highlighting the

Alberta’s government is proposing amendments to Bill 8 that would give the province more flexibility in how large-load users — including AI data centres — connect to the grid. The changes would allow certain projects to pursue self-supply or bilateral power arrangements, opening a potential path for new data centre development despite current grid-capacity constraints.   For Calgary and the surrounding region, these changes could be significant. Data centres require high-load

A new TD Economics report highlights a growing national challenge, while Ontario has experienced the greatest number of catastrophic weather events since 1983, Alberta has endured the largest share of insured losses.   Ontario accounted for about 36% of catastrophic events between 1983 and 2024, followed closely by Alberta at 32%. But Alberta’s impact is far deeper. The province represents 42% of all insured catastrophic losses in Canada over the same period — more than Ontar

This new application represents a significant shift from the previously approved 28-storey tower with 258 purpose-built rental homes. Under the revised proposal: 58 moderate-income rental units will be retained, consistent with the prior approval. The 200 market rental units will be replaced with 200 “temporary accommodation for medical care” units, supporting patients and families travelling to Vancouver for specialized health services.   Jameson Development Corp. and the Fi

Calgary’s downtown free-fare zone is now uncertain after TD Bank ended its naming-rights sponsorship two years early. The program, allowing no-cost CTrain travel along 7 th Avenue, has long supported downtown workers, residents and visitors.   With transit fare restructuring also under discussion at the City, it now faces a key decision on whether to continue funding the free-fare zone on its own. For now, Calgary Transit says the service will remain in place.   Follow Clear

Canada’s hotel sector delivered one of its strongest months of the year in October, with national occupancy reaching 69.8%, Average Daily Rate climbing 7.0% to $214.09, and RevPAR rising 9.2% to $149.49. The East Coast helped drive that momentum: Newfoundland and Labrador posted double-digit gains in both occupancy and RevPAR, while Nova Scotia recorded a 10.7% increase in ADR.   Toronto also saw exceptional performance, with ADR up 14.8% — a lift supported by the recent Blue

Spanish billionaire Amancio Ortega, founder of Zara and controlling shareholder of Inditex, continues to expand his Canadian real estate footprint through his investment firm, Pontegadea. Over the past decade, Ortega has steadily acquired a collection of high-quality office and industrial assets across major Canadian markets.   His Canadian purchases include: • 150 Bloor St. West, Toronto (2014) — Acquired for $255 million • Royal Bank Plaza, Toronto (2022) — Landmark office

The latest CFIB Business Barometer shows long-term small business confidence rising to 55.5, supported by holiday-season expectations — though still just below the historical average.   Short-term sentiment remains soft, and cost pressures continue to shape decision-making: 56% of firms cite insufficient demand as a key constraint. 72% report taxes and regulatory burden as major challenges. Price-increase expectations eased to 2.5%, with wage expectations steady at 2.2%.   Fo