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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 729,760 sq. ft. class-A highrise—redeveloped in 2020 with modernized amenities, LEED Gold sustainability credentials, and direct Plus-15 access—adds to Armco’s growing Calgary portfolio, which includes Bow Valley Square, First Canadian Centre, and Altius Centre. The purchase highlights continued confidence in Calgary’s downtown market, even as v

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...

Deloitte projects Canada will avoid a recession in 2025, with GDP growth of 1.3% this year and 1.7% in 2026. Rates: The Bank of Canada is expected to cut its policy rate to 2.25% by year-end, easing pressure on households and businesses. Jobs: Unemployment has risen to 7.1%, the highest since 2016 outside the pandemic, led by manufacturing job losses. Trade: Canada’s CUSMA carve-out continues to shield roughly 95% of exports from steep U.S. tariffs. Housing: Pent-up demand ma

Imperial Oil is moving ahead with plans to downsize as part of a broader restructuring effort. The company says the changes are aimed at streamlining operations and responding to market pressures. The implications for Calgary are significant. Large-scale workforce adjustments and operational shifts in the energy sector ripple into commercial real estate—affecting office demand, subleasing activity, and broader economic stability. Source: CBC News, “Imperial Oil downsizing,” S

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

United Place, an 88,000-sq.-ft. office building at 808 4th Ave. SW, has sold for $7.5 million. Built in 1975, the property will be converted into 81 residential units with ground-level commercial space. This transaction highlights the ongoing momentum behind Calgary’s adaptive reuse market as conversions continue to reshape downtown’s office landscape. Interested in how office conversions may affect investment opportunities in Calgary? Let’s discuss at info@cvpartners.ca

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...

As Alberta accelerates efforts to become a global hub for artificial intelligence data centres, a major proposal just hit a local...

A 16-storey, 440-bed student housing tower and the tallest building in Calgary’s University District. Built to Built Green Gold standards and steps from UCalgary, Encore is the second of three rental projects the firms are delivering together in the 200-acre, master-planned community. RENX. “Gracorp, Harrison Street complete Calgary University District tower.” Published September 2025. https://renx.ca/gracorp-harrison-street-complete-rental-tower-calgary-university-district

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

Vesta Properties has officially opened the Aspen Village Sales Centre and debuted two furnished showhomes in Springbank Hill. The 13-acre...

Allied Properties REIT has confirmed progress on its non-core property sales program. In 2024, the trust sold seven assets, including one...

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 (Mississauga) , bringing its ownership in the two Greater Toronto Area assets—totaling 659,713 sq. ft. —to 100%. The move consolidates control over six GTA office properties (1.64M sq. ft.) as leasing momentum improves in the region. At the same time, Ravelin is negotiating a restructuring of an US$84M loan tied to its 120 South LaSalle pro

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

expanding its mission of accelerating low-carbon energy innovation. Located in The Ampersand, the ETC has supported over 60 startups and helped raise $500M+ in venture capital since 2022. New funding from OCIF, PrairiesCan, Alberta Innovates, CIBC, Avatar Innovations, and Pathways Alliance will support 30 more companies and incubate 10 new ventures. Yahoo News. “‘What Calgary does best’: Energy Transition Centre receives $10 million to continue spurring energy innovation.” P

Calgary is investing $71.8 million in the Belmont Fieldhouse & Library, a 118,000 sq. ft. multi-sport facility combined with a 10,000 sq....