AGP Executive Report
Last update: 2 hours agoGreen retrofits return: Ottawa is reviving the Canada Greener Homes Affordability Program with no-cost heat pumps, insulation and air sealing for eligible low- and median-income homeowners and renters in Quebec, B.C., Nova Scotia and P.E.I., backed by $500M+ (federal $300M). Renters still squeezed: A Rentals.ca/Urbanation survey finds affordability remains the top rental-search barrier (70% cite high rents) even as asking prices keep sliding; nearly half of renters expect prices to stay high or rise. B.C. condo “bailout” debate: B.C. developers react cautiously to the Carney-Eby deal that includes lower development charges and a plan to convert 2,200 unsold condos into affordable housing—critics say details are missing. Calgary office distress: Timbercreek is set to buy Slate’s Life Plaza office tower in Calgary via a credit bid after receivership filings, highlighting ongoing pressure in commercial real estate. Toronto waterfront science upgrade: Ontario’s interim Ontario Science Centre opens at Harbourfront Centre while construction continues for a new Ontario Place location slated for 2029. Industrial leasing in Metro Vancouver: Grosvenor signs S&S for its largest lease on Annacis Island, with a $50M inventory move planned for Q4 2026. Construction costs steady: RLB reports construction cost inflation has settled around a sustainable ~1% quarterly pace, with a stronger backlog supported by data centres and infrastructure. Energy/industry tie-in: Deep Sky says it has delivered North America’s first certified direct air capture credits, with delivery to Microsoft and RBC.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.