AGP Executive Report
Last update: 9 hours agoOntario Sales: New-home sales across Ontario rose 61% in Q3, with momentum continuing after the HST rebate program. Rental Supply: LIUNA and Fengate have broken ground on The Benjamin, a 58-storey rental community in Toronto. Commercial Property: Dream and CPP Investments completed a $585.8-million purchase of a GTA industrial portfolio; RioCan’s retail occupancy also hit a record 98.9%, amid tight supply and strong tenant demand. City Finances: Toronto is pressing Ontario for a renewed funding deal, but provincial ministers signalled there may be little appetite to reopen negotiations. Construction Oversight: Edmonton Mayor Andrew Knack wants provincial law changed so the city can deny permits or revoke licences for developers who fail to follow construction rules. Calgary Market: Home sales fell 15.3% in October, pointing to a cooling market.
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.