View Online | Forward | Sign Up | Archives July 13, 2018
1. Developers decry pullback on property tax grant
Office tower developers have encountered unanticipated restrictive criteria for a property tax grant tied to Toronto’s economic development strategy. A report prepared for Toronto Council recommends rejecting six applicants collectively investing more than $3.5 billion in the city’s financial district because property tax relief is not deemed critical to their projects’ viability.
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2. Q2 office vacancy space figures released

Figures for office vacancy space in Q2 of 2018 in Canada have been released. The report, compiled by Colliers, revealed positive absorption rates for most of the major metropolitan markets across the country. Read More »

3. Vancouver approves nine-acre rooftop park
The Vancouver Park Board has approved the concept plan for a new nine-acre public park, which will be the first of its kind in Vancouver, located partially on the roof-top of the redeveloped Oakridge mall and partially at ground level. Read More »
4. Mississauga tests the waters with solar panels
The City of Mississauga is testing the waters with solar panels as a supplemental heat source for its busiest outdoor pool this summer. If data-tracking confirms staff’s forecast for energy savings, the pilot will plunge the annual gas use of the Lions Club Credit Valley Outdoor Pool by around 5,650 cubic metres. Read More »
5. Construction of West Calgary Ring Road set for 2019
Construction of the West Calgary Ring Road is scheduled to begin in 2019. The project will complete the circle around Calgary and alleviate traffic congestion in the commercial heart of Alberta. Read More »
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