ClearView Insider

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

A landmark agreement has been reached between the federal government and all 13 provinces and territories to significantly reduce the regulatory and administrative red-tape that currently hinders trade of tens of thousands of goods across Canada.   Businesses will soon find it easier to sell their products across all provinces and territories thanks to fewer overlapping rules. The deal aligns with broader efforts to modernize regulation and boost productivity—regulatory burde

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’s motion to repeal the 2024 city-wide rezoning has advanced after passing its technical review 13–2, sending it to full council for debate and a vote on Dec. 15.   Introduced by Ward 10 Councillor Andre Chabot and co-sponsored by six councillors and Mayor Jeromy Farkas, the motion includes transitional provisions for parcels with approved or submitted development permits.   Administration noted that a new public hearing, required if the land-use bylaw is amended, woul

Boardwalk Real Estate Investment Trust reported Q3 2025 portfolio NOI up 8.1% year-over-year, same-property NOI up 8.6% year-over-year, and occupancy of 97.7%.   The REIT also closed the acquisition of the remaining 50% interest in its 162-unit Brio apartment complex in NW Calgary for CA$37.4 million, strengthening its Calgary portfolio.   Connect with ClearView: Contact us at info@cvpartners.ca  — we’ll help you translate quarterly signals into local market insights.   www.c

In 2024, Calgary City Council voted 9–6 to approve a sweeping blanket rezoning of residential lots city-wide, making Residential – Grade Oriented (R-CG) the default district and enabling forms such as townhomes and row homes across most communities.   Today, council begins discussions on a motion to repeal that decision — a pivotal moment for how Calgary will accommodate growth in established neighbourhoods.   Why this matters for commercial real estate: • The initial rezonin

National home sales rose 0.9% in October, marking the sixth increase in seven months, according to National Bank Financial’s latest Economics & Strategy report. Alberta posted a 1.8% monthly gain, even as sales on an annual basis remain down 10.7%, one of the country’s larger declines.   Despite the softer annual trend, a return to historical norms still favours sellers. National inventory held at 4.4 months in October — a level consistent with a balanced-to-seller leaning ma

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

Montreal-based Polykar is investing $20 million to expand its Edmonton manufacturing facility — doubling production capacity just three years after first establishing operations in Alberta. The 50,000 sq. ft. expansion will add a new product line incorporating more recycled content and create 25 permanent and 63 temporary jobs. Polykar is also receiving $770,000 through Alberta’s Investment and Growth Fund, which supports high-impact private-sector investments. This expansion

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