Canada's Condominium Magazine

Monthly Archives: February 2015

Ontario’s home builders welcome Greenbelt and Growth Plan review

Ontario’s home builders welcome Greenbelt and Growth Plan review

The Ontario government today announced more details concerning the pending review of the province’s greenbelt laws. It is the tenth anniversary of the Greenbelt Act, 2005, which created the “largest permanently protected greenbelt in the world,” the announcement says. The act protects farmland, green space and clean water. Public consultations will be held around the… Continue Reading

The Bay announces $3.4 billion commercial real estate joint venture

The Bay announces $3.4 billion commercial real estate joint venture

What does a giant retailer with over three centuries of history behind it do when its real estate assets are worth more than the company itself? It separates its assets from its operations, of course. In the case of Canada’s iconic Hudson’s Bay Company (HBC), whose extensive real estate holdings are reportedly worth $9.2 billion,… Continue Reading

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