Toys “R” Us Canada is preparing to close additional stores while seeking court approval to pursue a sale of the business. The move reflects ongoing pressure in the large-format retail segment, particularly as consumer spending patterns continue to shift. These developments highlight continued disruption in the big-box retail sector. For commercial real estate, this creates both risk and opportunity, with potential vacancy in large-format spaces, but also repositioning opportu

Calgary council has voted 10-1 in support of a business-friendly construction policy aimed at addressing the disruption and revenue loss businesses can face during city-led construction projects. Rather than centring on direct compensation, the policy shifts toward strategies that help businesses stay visible, accessible and supported throughout construction, with the goal of encouraging continued customer patronage during periods of disruption. This approach reflects a broad

Alberta’s 2026-27 budget confirms higher provincial education property taxes and a series of fee adjustments that will affect commercial property owners and businesses across the province. Non-residential ratepayers will see a 4.25% increase in the provincial education property tax levy. Non-residential education property tax rising to $4.17 per $1,000 of assessed value (up from $4.00 in 2025 and $3.76 in 2024). Residential rate increasing to $2.84 per $1,000 of assessed valu