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Category Archives: Commercial

Commercial info

Bank of Canada on the commercial market’s outlook for the coming year

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Despite some lingering concerns, prospects appear bright for the commercial market as business sentiment rose to near-record levels at the start of 2021, according to the Bank of Canada. The central bank’s latest quarterly survey found that executives have become more optimistic when it comes to their sales and investment projections in the coming year, fuelled [&hellip…

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CMLS: Commercial mortgage market seeing stronger deal flow, increased competition

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The last quarter of 2020 saw “favourable” deal flow and intensified competition in the commercial mortgage market, leading to sustained downward pressure on credit spreads, according to CMLS Mortgage Analytics Group. In the latest edition of its Commercial Mortgage Commentary, CMLS said that despite the overall downward trajectory observed during the fourth quarter, “mortgage spreads have lagged [&hellip…

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What the Keystone XL cancellation means for Alberta real estate

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It didn’t take long for newly elected US president Joe Biden to start exercising his executive authority by sandblasting a host of Trump’s policies. But one of his first acts in office, reversing Trump’s 1997 approval the Keystone XL pipeline, a project that would have delivered 800,000 barrels of oil a day from eastern Alberta [&hellip…

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