The U.S. hotel industry bounced back in the week of Jan. 11-17 as revenue per available room increased 1.6%. Room demand, occupancy and average daily rate all saw year-over-year growth from the comparable 2025 week.
For the past few years, Montreal has been one of Canada’s hottest industrial real estate markets, with a limited amount of available modern industrial space, increasing rents and a development pipeline racing to keep up. Now, those conditions are a thing of the past.
The City of Montreal’s new mayor, Soraya Martinez Ferrada, released a 2026 budget that's 5.4%, or $393 million, larger than the one released last year by the outgoing Plante administration.
Canada’s housing market is entering a structural transition in which near‑term conditions in major urban centers increasingly favour renting over buying. One consequence of these dynamics may be that more first-time buyers consider homeownership options outside urban centres.
In October 2026, Quebeckers will be headed to the polls to elect a new provincial government. Recent voter surveys have consistently placed the nationalist Parti Québécois, or PQ, as the likely winning party, projected to win an outright majority of seats with implications for sovereignity.
Canada’s industrial sector continues to navigate a wave of new supply that has come to market over the past couple of years. Leasing activity recovered throughout 2025, indicating that the market was beginning to regain its footing, with occupiers interested in taking advantage of declining rents.
Despite economic uncertainty in recent years, Vancouver’s commercial real estate market is showing signs of cautious optimism. The city’s resilience, lower vacancy rates, and the sale of several major buildings signal a market poised for recovery.
Western Canada’s commercial real estate market outlook is brightening as investor confidence strengthens, fueled by resilient leasing across key property sectors. After performance in 2025 surpassed expectations, Calgary property professionals are cautiously optimistic about the market's future.
After the third straight year of more than $2.5 billion in investment activity in Edmonton’s commercial real estate market, the industry anticipates increased property sales, leasing and development across most asset classes, driven by demographic trends, investor confidence and market opportunities.
The federal budget has earmarked $110 billion for productivity and competitiveness programs over the next five years. Developing homegrown AI solutions and encouraging companies to invest in improving productivity are key priorities for the government, which also aims to enhance the efficiency of its own operations.
As in most major office markets, a bifurcated demand pattern has emerged in Ottawa, with newer buildings posting significantly lower availability compared to older stock. This suggests that office tenants prefer space with more modern amenities.
The majority of the 48 national soccer sides competing in this summer 2026’s U.S.-Canada-Mexico FIFA World Cup have booked their transport and hotels, and the legions of European fans set to come to the Americas is putting hoteliers there into a frenzy.
Canada’s housing crisis is multifaceted: Picture a Venn diagram of overlapping issues involving affordability, availability and price stability. In an ideal world, home prices would remain relatively flat on a nominal basis while the country increased productivity and wage growth, helping to address housing affordability issues.
The Bank of Canada’s decision to hold its policy rate at 2.25% came as no surprise to markets: After signals in October that this level was “about right,” barring major shifts in the outlook, the pause reinforces a steady approach amid modest economic resilience and persistent inflationary pressures.
Edmonton continues to see steady growth in purpose-built rental housing supply and has historically had higher vacancy rates compared to Calgary, Vancouver and Toronto. However, this additional inventory of units helps to temper rent escalation and keep Edmonton competitive.
Across British Columbia, sales at drinking establishments have levelled out. And while this isn’t recent news, relative to the balance of the sales in other categories in the food service data released by Statistics Canada, drinking establishments remain the lone laggard.
The industrial property investment market in Toronto has fluctuated significantly, a phenomenon that shows up when comparing completed sales from the first 11 months of each year.