Edmonton was the first Canadian city to introduce a derelict residential tax, applying a significantly higher property tax rate to abandoned or severely neglected homes to push owners toward redevelopment or remediation. Now, the city is examining whether similar tools could apply to commercial properties that have sat vacant, deteriorated, or unused for extended periods. City administration has been directed to explore how derelict commercial buildings could be defined, regu

Deloitte’s Future of Real Estate in Canada  report suggests a cautious but improving outlook for 2026, with capital slowly returning to the market and leasing decisions becoming more deliberate. Economists are forecasting stronger residential investment growth and a modest rebound in non-residential investment as borrowing conditions improve. At the same time, performance across asset classes remains uneven. Industrial, multi-family, and data-centre properties continue to lea

A European-backed data centre proposal could represent up to $12.8 billion in investment across Alberta, positioning the province as a major hub for AI-capable computing infrastructure. The project, led by Data District (Alcral AG) in partnership with Technologies New Energy PLC, begins with a €780 million first phase in Olds, north of Calgary, with long-term plans targeting 1 gigawatt of capacity across multiple facilities. Key drivers behind Alberta’s selection include: Abu

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

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

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

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

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

A landmark Canadian sale process is now underway for the Conservatory Group’s 61-property Ontario portfolio, encompassing residential, commercial, industrial, and development land across the Greater Toronto Area and surrounding municipalities. The disposition represents one of the largest Canadian multi-asset offerings in decades.   For Calgary and Western Canada, the sale may present opportunities for Alberta investors seeking to diversify into long-term redevelopment and mi

Calgary is reclaiming its position as a top innovation hub, ranking first in Western Canada for quarterly venture capital investment and securing $341 million across 43 deals so far this year (with 80% of Alberta’s total VC dollars flowing through Calgary).   Key take-aways: • With 58 deals year-to-date, Alberta contributes 15% of all Canadian deal flow, signalling growing national investor confidence. • Cleantech is a major driver: companies like Eavor Technologies Inc. secu

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

A significant new wave of investment is underway in West Lethbridge’s The Crossings area, with four major projects combining residential, commercial, hospitality and senior-living components — together totaling more than $300 million in value.   Highlights include: The region’s first full-service hotel (120 rooms plus extended-stay suites) alongside new retail. More than 100,000 sq. ft. of commercial and retail space across 11 acres. A 450-unit residential community spanning

As Calgary continues to adjust to changing retail dynamics, Spirit Halloween has once again filled short-term vacancies across the providing a timely boost for landlords navigating large-format retail transitions.   Temporary and pop-up tenants are playing a growing role in activating vacant space, offsetting carrying costs, and maintaining street-level activity as the sector evolves toward mixed-use and experiential retail.   Connect with Clearview:We’re tracking how short-t

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

RBC Economics reports that Alberta’s strong population growth continues to fuel housing demand, consumer spending, and overall economic performance — positioning the province as a national growth leader. However, this same trend is also amplifying challenges for young job seekers, as a rapidly expanding labour force increases competition for entry-level roles.   Key insights: • Alberta’s economy remains one of Canada’s strongest, driven by record in-migration and labour marke

Water Tower District is entering a new chapter as a large-scale mixed-use development in Winnipeg, converting a former industrial brownfield into a vibrant urban community.   Project highlights: A 165-acre infill site in St.   Boniface formerly occupied by the Canada Packers meat-packing plant and other industrial uses. Planned land use includes approximately 70 acres of light to medium industrial development, about 25 acres for multi-family residential, 21 acres for commerci