Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page.
GUEST COLUMN: Commercial real estate in our downtowns is going to look very different in the coming years.
The COVID-19 pandemic has accelerated trends like the adoption of digital business solutions and work-from-home policies, leading many companies to experiment with reducing their physical footprint as their leases come up for renewal.
This doesn’t bode well for the industry or our cities. Toronto’s office vacancy rate was 11 per cent in Q4 2020. Hard-hit Calgary and Edmonton were at 27 per cent and 26 per cent in Q4, respectively (according to CBRE’s Q4 2020 reports).
This has an enormous effect on business, community prosperity and municipal revenues. In the U.S., the National League of Cities recently estimated U.S. cities could face a $90-billion shortfall this year because of commercial real estate decline.
I believe our downtowns will bounce back — and in some places they already are. They are the heart of a region’s economy, culture and innovation; that’s not going to change. But, they will have to adapt to new market forces and people’s preferences.
When we talk about downtown commercial real estate, the stakes are high. While downtowns average just one to three per cent of city land, they account for 10-30 per cent of tax revenue.
The good news is we can start building a roadmap to get ahead of the problem. Planning tools at our disposal can disentangle rules, policies and overlays, while quickly repurposing and refinancing buildings for different uses.
Doing so will create greater business certainty, leading to business investment and long-term prosperity for municipal coffers.
First, an honest assessment of CRE
There’s no point in mincing words, we are in crisis mode. There are more questions than answers out there when it comes to dealing with fallout from the COVID-19 pandemic. I do, however, clearly see an accelerated flight to quality office space.
The flight to quality is exactly what it sounds like — companies making the move to newer and nicer offices. Choosing to upgrade office space is appealing on several levels: location, amenities, efficiency, prestige. Making that upgrade will be cheaper than any year in recent memory.
While there isn’t an exact standard to classify office space, there are three classes that are generally used. Class-A space includes the most modern facilities with higher ceilings, efficient large floor plates, more elevators, modern HVAC systems and often a LEED certification – all more desirable post-COVID.
Class-B and class-C are older and sometimes difficult to retrofit into a true class-A space.
As companies look to reduce their footprint, resulting in more affordable class-A spaces, B and C spaces are unlikely to come back to widespread office use. In the post-pandemic world, high-quality HVAC systems and more space will simply be more desirable.
This leads to a need (and an opportunity) to change how we think of those lower classes of real estate and to reposition them for new uses. Retrofitting an underutilized building – even if it’s basically just the shell – will often be 50 per cent less costly than a new build, not to mention more environmentally friendly.
Future success lies in filling new needs
So, what are the needs of the post-COVID economy and how can we position all classes of office space for the future? Without claiming to have a crystal ball, some preferences and policies are emerging that we can get in front of now:
– Increased desire for flexible spaces. Co-working spaces, technological advancements and remote work have pushed us forward in terms of how we think about office space. Creating more space that caters to less traditional office space requires increased flexibility to maximize both efficiency and comfort.
– Experience-first thinking. We need to ask questions like: “How are we making coming to the office better than staying at home?”
– More space for people. This applies both inside and outside of buildings. For the foreseeable future, it is important to offer options for social distancing that comply with public health guidelines and pandemic safety protocols. As many jurisdictions have endured long lockdowns, we’ve renewed our love for green urban spaces and a public realm that puts people first.
– Pedestrian, parklet and patio experiences. These three Ps will draw people to our downtowns and contribute to an economic development strategy. Commercial real estate form and use have a direct relationship with creating an inviting district, which can be explored creatively with business improvement districts (BIDs).
– Finally addressing our housing gaps. Many cities in North America are facing a housing crisis due to affordability and availability. Plenty of B- and C-class commercial real estate is well-suited to affordable housing, senior complexes and student residences.
– Inviting in new uses. More affordability in B- and C-class real estate means we could see some unexpected uses for former office buildings. For example, some Boston office space is now being converted to laboratory space. Logistics and distribution centres and ghost kitchens are other uses that have boomed during the pandemic.
Thinking creatively, we can transform our commercial spaces into new and exciting buildings that add value to the community. If done right, building owners can get more value out of their properties and the results can be revolutionary for entire districts.
But, we need to create the conditions for that innovation.
A roadmap for repositioning downtown office space
Every city and BID will have different goals, and every building will have a different best option for retrofitting. There is no one-size-fits-all plan for something as complex as rethinking large commercial assets and how they might fit into a larger plan to reshape a community.
That said, there are several tools at a city’s disposal:
– Malleable zoning: Ensure downtown land-use zones allow for adaptability and flexibility of use, form, signage, encroachment (patios and podiums), and reduced parking requirements to maximize places for people. Couple this with pedestrian-only zones to open streets to people and people-centred programming and converting street parking to allow outdoor dining/cafés. Upzoning can allow for greater density, density bonusing and/or accessory dwelling units (ADUs) to help alleviate affordability issues stemming from lack of inventory.
– Think differently about historical preservation: Historical preservation is important, but we don’t want preservation bylaws to stymie using historic buildings for the present. A tax credit can help spur investment and give old buildings new life.
– Abolish parking minimums: Many cities are removing parking minimums to make new projects or redevelopments more affordable and to let the market decide how much parking needs to be provided. This allows former parking spaces in buildings (e.g., class-B and -C) to be converted to gyms, food production, storage and labs.
– Local improvement levies: Local governments can borrow money for improvements and have that debt paid back via a levy on the benefitting area.
– Apply for higher order grant funding: Federal infrastructure funding is just starting to flow for the COVID recovery and there are grant opportunities to explore. In the U.S. for example, Stantec’s North American Funding Team has helped clients secure over US$4 billion for projects ranging from environmental assessments to transit-oriented development planning.
– Develop housing grants: Provide financial incentives such as grant money per each unit of new housing in markets with weaker real estate economics. Increasing the downtown population has a cascading impact as it generates economic multipliers by creating vibrancy, filling restaurants outside of office hours and creating safer streets.
– Tax abatements: Multiyear tax abatements are an incentive to make improvements financially viable while improving the cityscape over the long term.
– Public-realm improvements: Investing in public realm improvements (parks, plazas, street trees, benches, pedestrian-oriented streetlights, cobblestone/pavers, mid-block crossings and bulb outs) and urban design improvements of the first 30 feet of building facades helps spur private investment in the building itself.
– Expedite permitting and inspections: Encouraging LEED certification, green roofs and green infrastructure, and other desirable qualities can push development along. Temporarily relaxing bylaw standards can also help expedite construction (thus reducing costs).
Disentangling policies and regulations will position us to fast-track the conversion of class-B and -C office space to alternative uses, repositioning these assets for future needs.
The first step is mapping out the needs of the community and initiating collaboration between the city, building owners and BIDs. Building the right roadmap to carry on into the future requires getting the right people at the table and setting some common goals.
As vaccines are rolled out and we see the light at the end of the tunnel, we are poised for an aggressive economic recovery for the next several years. By leveraging the right tools, we can supercharge that economic recovery for our commercial real estate sector and reshape our communities for the better.
Luxury Real Estate Sees Unprecedented Growth in First Half of 2021 – Storeys
Canada’s luxury housing markets were on fire the first half of the year.
The Engel & Völkers 2021 Mid-Year Canadian Luxury Real Estate Market Report reveals that Canada’s luxury market experienced unprecedented levels of growth in the first six months of 2021.
The report combines market data with intel from Engel & Völkers’ local Canadian market experts to produce a residential property analysis for the markets in Halifax, Montréal, Ottawa, Toronto, and Vancouver. It shares notable trends, in-demand neighbourhoods, economic factors, and changing buyer and seller preferences in three different price segments; under $1 million, $1-$3.99 million, and over $4 million.
Factors like changing homeowner priorities, low interest rates, easy access to borrowing, and extra savings amongst professionals who stayed employed during 2020 combined to accelerate what Engel & Völkers calls ‘the COVID shuffle’. The report acknowledges the slight cooling of Canada’s red-hot housing market as of mid-April as competition levelled out. Overall, it forecasts that prices in premium markets are anticipated to stabilize in the short term while still increase in the long term as borders reopen in the wake of COVID-19 recovery.
In the luxury market, the start of 2021 brought an increase in demand for high-end condominiums. Driving the luxury condo sales market were (somewhat surprisingly) first-time homebuyers looking to enter the real estate market and retirees hoping to cash in their suburban homes, says Engel & Völkers. As many clients who moved to rural areas during the pandemic kept their city properties, luxury condo prices are expected to continue to rise with reopening rollouts across the country.
Interestingly, there is also an increase in multigenerational living. In fact, it’s the fastest-growing housing type in the country. Defined as homes with three or more generations living together, multigenerational homes allow families to redistribute and pool their resources to attain higher-quality luxury homes, says Engel & Völkers. The company forecasts that this fast growing phenomenon will become more frequent in Canada’s urban and surrounding areas.
Engel & Völkers also reports global pent-up demand for properties in Canada’s major metropolitan cities. As international borders have remained closed since start of the pandemic, international demand upon their reopening is expected to drive the luxury market in Vancouver and Montreal in particular. Given Canada’s limited housing supply, this influx of buyers is anticipated to significantly strain the market.
“After an unprecedented run, premium real estate markets are normalizing across Canada’s most in-demand cities, and that’s a good thing. At a global level, Canada’s real estate market is largely undervalued,” said Anthony Hitt, President and CEO, Engel & Völkers Americas. “But with low housing inventory and the buyer frenzy we saw in the first half of the year, Engel & Völkers believes the unprecedented demand for luxury properties will sustain. Local demand for luxury housing increased exponentially during the pandemic and international buyers are excited to return after a year of border closures. 2022 will be a year to watch.”
Engel & Völkers finds that The Halifax Regional Municipality (HRM) is a strong seller’s market that continues to draw both interprovincial and international interest. Draws of the city include its cultural attractions, the stunning landscape, and relatively attractive prices compared to other parts of the country, says the company. Last year, the average price for a home in Nova Scotia was $304,590 compared to a national average of $607,250.
Throughout the first half of this 2021, Halifax’s real estate market began a historic run. From January to June, homes priced between $1 million and $3.99 million stayed on the market for an average of only five days, while homes priced below $1 million spent 43 days on market. Despite record low inventory numbers in February 2021, total sales in Halifax increased from the previous year.
Overall, single-family detached homes were by far the most popular housing type. In the luxury bracket, 21 homes were sold from $1 million to $3.99 million in both April and May 2021, respectively. The average price hovered at $1.4 million during both months. This is a marked difference from the previous year, highlights Engel & Völkers, which saw zero sales at this price point in April 2020 and only five in May 2020 (though that was also at the height of COVID’s first wave). Now, as Halifax is open to the rest of Canada, Engel & Völkers anticipates a floodgate of interest from clients who were not prepared to purchase site unseen. Historically low inventory levels could create an even more pressurized situation, says the company.
Montreal’s position on the urbanization curve is steadily climbing, says Engel & Völkers, as the city continues to attract buyers from French-speaking regions around the world. “Additionally, strong working and education opportunities paired with a charming European-like lifestyle have garnered interprovincial and international attention,” says Engel & Völkers.
Both home prices and production in Montreal continued to rise during the first half of 2021. Total sales priced $1 million or higher grew 115% in January, from 61 to 131 year-over-year. This compares to an only 17% increase in sales for all homes in the market, says Engel & Völkers, signalling a new era for premium real estate. Plexes did exceptionally well in the first four months of 2021, seeing a 74% increase in sales compared to the first four months of 2020. Similarly, condo sales for units priced $1 million or higher climbed from January to April 2021, totalling 138 units.
While Montreal is still one of Canada’s most affordable cities on the real estate front, Engel & Völkers forecasts it entering a strong growth period, with investors creating funds specifically for purchasing luxury detached homes in coveted neighbourhoods like Westmount and Outremont. This, coupled with growing opportunities and new construction projects, has positioned Montréal to be the new investor favourite of Canada’s real estate markets, according to Engel & Völkers.
In the nation’s capital, the first half of the year brought a strong seller’s market that drove home prices to increase exponentially. Engel & Völkers point to fear of missing out among buyers that has resulted in a 513% increase in the number of homes sold in the $1 million to $3.99 million category from January to May 2021 compared to the same period in 2020. The uptick in notable sales in Ottawa was replicated in surrounding rural areas as well, says Engel & Völkers.
Since January 2021, average days on market for all homes decreased steadily in Ottawa. In April, the average days on market for all residential properties dropped to 18, down 40% from April 2020, in the thick of the first wave of the pandemic.
In May, Ottawa houses sat on the market for an average of 13 days. For condos, however, days on market increased. In April and May 2021, units sat for 122 and 110 days, respectively, an increase from 90 days in May 2020, says Engel & Völkers. The market began to level off by May. Although prices continued to increase, sales returned to pre-pandemic levels and there was a notable drop in seriously interested buyers.
Engel & Völkers anticipates a return to a more balanced market in the fall. “As more government and tech jobs become available and borders reopen, Ottawa will likely see increased domestic and international migration,” says the company. “On a global scale, the city’s real estate is largely undervalued compared to other capital cities, leaving room for growth as Ottawa rises from a government town to a dynamic hub of tech and business.”
Like other major Canadian cities, Toronto saw a record-breaking population loss from July 2019 to July 2020, with 50,375 residents leaving the city for rural areas. However, as restrictions ease and vaccines roll out, the city is seeing a renewed interest in urban living, says Engel & Völkers.
January 2021 started off strong, with average home prices rising to $967,885, growing by 15.5% year-over-year in the Greater Toronto Area (GTA). Overall, home sales were up by more than 50% compared to January 2020, for a total of 6,928. All homes sold in the $1 million to $3.99 million bracket nearly doubled from January 2020, with single-family detached homes driving this increase. Homes in this category sat on the market for 24 days in January 2021, down 33% from January 2020. “The luxury condo market, deemed almost extinct in 2020, has remarkably held its value into 2021, as the number of condo units sold valued between $1 million to $3.99 million has also doubled and prices have held,” says Engel & Völkers.
The company predicts the market will continue to normalize. New inventory coming on the market will remain low, which will likely increase pressure for buyers looking to enter, it says. While the city and GTA have not run out of buyers and sellers, Engel & Völkers predicts a slow summer and holding pattern scenario as lockdown restrictions ease.
Engel & Völkers reports a robust condo market in Vancouver since the start of 2021. “Sales remain stable and are continuing to increase, indicating that buyers are still interested in condo living or taking an initial step into real estate,” says the company. Condos at all levels within premium and ultra-luxury markets continue to sell to discerning buyers with an increased focus on quality over quantity. Rather than a focus on the amount of money they’re spending on a home, wealthy buyers are more concerned with the quality of the home, as its reflected in things like amenities, square footage, and parking, says Engel & Völkers.
“Like Toronto, Vancouver is emerging from the third wave of the pandemic in a promising position,” says Engel & Völkers. The company says significant growth in the pricy city is fuelled by buyers’ growing interest in real estate as an investment and desire to own primary residences. As in Toronto, recreational homes and property outside of Vancouver continue to experience high sales as city residents crave an escape from the concrete and more space.
Vancouver is still in a seller’s market, but Engel & Völkers predicts that the west coast city will start to see a normalization period and return to a more balanced market in the fall, thanks largely in part to Canada’s new mortgage stress test. Finally, as we emerge from the pandemic, the city will experience an influx of national and international migration. According to Engel & Völkers, the luxury market will continue to grow steadily and see increasingly more ultra-luxury home sales.
Calgary real estate predicted to moderate this year, with hot spring demand – Calgary Herald
The forecast is calling for hotter conditions — only not as heated as this past spring.
That’s not a prediction about the weather. Rather it’s a forecast for Calgary resale real estate prices.
Royal LePage recently released its Housing Price Survey and Market Forecast predicting home prices and sales across Canada will remain strong throughout the rest of the year — just not as heated as the sizzling hot markets seen in spring.
“It’s not sustainable,” says Corinne Lyall, broker/owner of Royal LePage Benchmark in Calgary, about sales and price growth that occurred in the second quarter.
As the report notes, from April to the end of June, the aggregate price of home in the city increased by 9.7 per cent year over year to $568,500, a record high.
The price acceleration was driven by record sales, including an all-time resale record for any month, set in April of more than 3,200 homes, Calgary Real Estate Board figures show.
Driving the market in the second quarter were single-family detached home sales. The median price for this housing type grew by more than 10 per cent year over year to $638,000, the study found.
Yet even the sagging condominium market saw growth, jumping by 4.1 per cent over the same span in 2020 to $226,000.
“One thing were are seeing is a bigger impact in the $600,000-plus whereas, years previous, all the sales were under $500,000,” Lyall says. “This is the first year I can remember since 2014 that we actually saw sales grow and an increase in price (in this range) because people were competing for these properties.”
Price growth has been even stronger nationally, the report notes, with the aggregate price of a home rising by about 25 per cent in the second quarter over the same period in 2020 to $727,000.
In fact, 89 per cent of regions surveyed saw double-digit percentage gains. Royal LePage forecasts sales will remain strong for the year, driving prices higher — just not at the pace seen in the spring.
The aggregate price nationally is expected to grow to more than $771,000, up 16 per cent from the end of last year. Montreal is forecast to be the hottest market with a year over year price gain of 17.5 per cent.
Calgary is also projected to see price growth, though more moderate at 7.5 per cent, year over year.
Veteran realtor Wendy Morrow with Real Estate Professional Inc. in Calgary says the price growth amid the pandemic is hardly surprising, given rising demand and limited supply.
“Inflation has risen above what we expected this spring and summer due to pent up demand,” she says.
But this problem is not unique to real estate, she adds. Inflation is rising throughout the economy due to bottleneck supply issues.
Yet supply in the resale market should grow in the months ahead, Morrow says. “This will soften the real estate market prices somewhat.”
Still, uncertainty remains with COVID variants and vaccine rollout, among other concerns like job growth.
“None of us have a crystal ball as to what will happen,” Lyall adds.
What is certain is the city remains an attractive place to call home, she says.
“Calgary is a great place to raise kids, be close to the mountains… and so there’s a really great lifestyle here that a lot of people are attracted to.”
Out-of-town interest drives local real estate market – Mountain Xpress
Dave Farrell was new to town. He and his wife, Shelley, had just settled into a West Asheville rental after moving from Connecticut in early April. The couple planned to use their temporary digs as a home base for house shopping. They expected a competitive market.
What they experienced, Dave Farrell says, was extraordinary.
“It was crazy. Things would come on the market, and had maybe been available for an hour, and we would learn they had already been sold. That happened to us five or six times. We would never even get a chance to look at the place, and it was already gone,” Farrell explains.
The Farrells are just two of the many out-of-town buyers who have sought to relocate to the Western North Carolina mountains over the past year. That demand has supercharged an already hot real estate market: According to Redfin, a nationwide real estate brokerage, Asheville home prices were up 22% year over year in June, selling for a median price of $411,000. Area homes now sell after a median of 42 days on the market, compared with 63 days at the same time last year.
While the market may be challenging for outside buyers, it’s even harder for locals searching for homes. The latest available data from searches by Redfin users shows that the average real estate budget for an outsider moving to Asheville was $615,500 as of April, 31% higher than the average local budget of $469,000. That disparity between outside and local buyers was greater than in either Charlotte (21.1%) or Raleigh (25.2%); those cities also had lower average out-of-town buyer budgets at about $554,000 and $543,000, respectively.
Alexandra Schrank, an Asheville-based real estate agent with the Mountain Star Team of RE/MAX Executive, says the Redfin numbers square with her on-the-ground experience. And for locals with lower budgets, she continues, options in the Asheville market are severely limited.
“If your budget is $300,000 or lower, it is almost impossible to find anything,” Schrank says. “We are seeing double-wide trailers selling for $250,000.”
Schrank calls the COVID-19 pandemic “the biggest game changer for real estate.” Low inventory due to slower building activity and low interest rates set to stimulate the economy, she says, have generated high demand both in Asheville and across the country. The national median home sale price in May 2021 was over $377,000, up 26.3% year over year, according to the most recently available Redfin data, and the median home sold in 16 days, down from 38 in May 2020.
Increased adoption of technology driven by the pandemic, she adds, has also increased the ability for real estate agents to market properties to potential out-of-state buyers. In-person real estate showings were not considered essential business during the first month of COVID-19 emergency orders, leading both agents and clients to become more comfortable with virtual home visits. “We continued to work through the pandemic, and people were buying houses sight unseen,” Schrank says.
Those recent changes to the market have intersected with longer-term trends. Justin Purnell of eXp Realty says roughly 80% of his buyers are coming from out of town, up from about 50% 15 years ago — and many of them are driven by climate change. As previously reported by Xpress (see “Head for the Hills,” Aug. 26, 2020; avl.mx/9xp), sea level rise alone could drive a 5% increase in the Asheville metropolitan area’s population by 2100.
These buyers, says Purnell, “want to get out of the California fires, coastal hurricanes and high temperatures. Climate is a big reason they are coming, and for the mountains, and all there is to offer here. They all want that lifestyle.”
And the greater acceptance of remote employment, Schrank says, is allowing people from all parts of the country to relocate. “[Out-of-town buyers] make better money than someone from here. Having more income means they can get prequalified to offer more money, or many will have cash,” she says. “Out-of-towners are beating out the locals.”
Schrank primarily works with local sellers, many of whom are benefiting from the high demand and low supply of homes in the area. Some of those locals, she continues, “feel like Asheville is getting unaffordable. Many are moving to South Carolina and Tennessee just to get out. They are cashing out.”
Sellers receiving upward of seven offers in 72 hours, often for $30,000 to $40,000 over their asking price, is not uncommon, according to Schrank. “I’ve never seen it like this. I put stuff on the market and think I am overpricing, then end up getting over asking price,” Schrank says.
For many out-of-town buyers, those prices may not seem unreasonable. Despite the recent surge, Asheville’s median home price is only 9% higher than the national figure. Many large urban markets, including Los Angeles ($935,000), Seattle ($800,000) and Boston ($750,000), had much higher median prices as of June, according to Redfin.
Asheville residents since 1977, Marsha Browning and her husband, Joseph, are reaping the benefits of the current market as sellers while simultaneously struggling as buyers. The two say they wanted to downsize while capitalizing on the high prices for local real estate.
“We sold our house in two days,” Browning says. “We listed on a Friday night at 6 p.m. and had a contract Monday morning. They offered way above,” she adds of the Florida-based buyers, who paid $481,000 for a house the Brownings bought in 2019 for $340,000 and listed at just under $460,000.
As buyers, the Brownings are unwilling to leave Asheville and the doctors they have built relationships with over the years. But for now, they’ve decided to wait out the market by moving into a Weaverville rental apartment.
“We don’t want to purchase right now,” Browning says. “It is really hard. Out-of-staters come here and have the money. We have a $350,000-$400,000 budget, but most of the houses are way over $400,000. The $300,000s or less usually need a lot of work.”
Ripples and bubbles
Despite the crowded market, examples do exist of buyers able to find something within their budget. The Farrells, with a budget between $300,000 and $500,000, were the sole bidders on the third home they targeted in their search, located in Woodfin and priced inside their range. “It’s only a year old,” Dave Farrell says, “and everything is still brand-new. It’s great.”
But local nonprofits seeking to promote and develop affordable housing options argue that individual successes don’t address the structural issues in Asheville’s market. For Scott Dedman, executive director of Asheville-based Mountain Housing Opportunities, lack of supply is a primary obstacle, and the result is higher rents and homeowner prices.
“In Buncombe County, more than 8,500 renter households are paying more than half of their income for rent. That’s about 21% of [Buncombe’s] renter households,” Dedman says, referencing 2019 census data. “At the same time, more than 5,000 Buncombe households are paying more than half of their income for homeowner costs, about 8% of Buncombe homeowners.”
Increasing supply, Dedman feels, would help. He shares some frustration with residents who protest against new residential development, especially in downtown or other areas with easy access to jobs and services, and encourages them to think about the affordability implications of restricting construction.
“We live in a popular place,” Dedman continues, “and many of us are here for the same reasons that newcomers are here. So there is high demand for land and homes. The question should be, are we working hard enough to meet the increasing demand with new housing supply?”
Like Schrank, Purnell suggests that the Asheville market may soon reach its own limits. He’s seeing an increase in buyers simply choosing to bypass the city and look at other parts of WNC, such as Jackson and Macon counties, or even outside the state altogether.
“Some buyers have sticker shock,” Purnell says of the current Asheville market. “They can’t believe how much it costs to live here. If they want mountains, they can go to South Carolina or Tennessee and find much better prices.”
And while Schrank says she has witnessed steady increases in home prices during her six years as a real estate agent, she is bracing for an eventual correction to the market. As COVID-19 emergency measures come to an end, she predicts an increase in foreclosures this fall and potential increases in inventory by spring 2022, which may cause prices to drop. “Everything that goes up has to come back down,” she says.
Coyotes trade Oliver Ekman-Larsson, Conor Garland to Canucks – Arizona Sports
The rapid growth the U.S. economy has seen is about to hit a wall – CNBC
DeFiance Media Launches To Cover Blockchain-Based DeFi Business And Culture – Forbes
Silver investment demand jumped 12% in 2019
Europe kicks off vaccination programs | All media content | DW | 27.12.2020 – Deutsche Welle
Iran anticipates renewed protests amid social media shutdown
Art22 hours ago
Art Gallery of Ontario reopens with blockbuster Andy Warhol exhibition – Toronto Star
Business21 hours ago
Global outage affecting websites of airlines, banks, tech firms now fixed – Globalnews.ca
Tech19 hours ago
OnePlus Nord 2: An impressive 5G phone at an affordable price – CNET
Media15 hours ago
CBC grapples with how to program an Olympics in the social media age – The Globe and Mail
Health24 hours ago
Among Fully Vaccinated, Breakthrough Covid-19 Infections Are More Common Than Previously Thought: Does It Matter? – Forbes
Sports14 hours ago
Canadiens’ salary cap situation heading into the draft & free agency – Habs Eyes on the Prize
Media13 hours ago
Prominent Agencies And Marketers Are Ramping Up Their Ad Commitment To Minority-Owned Media – Forbes
Business17 hours ago
What you need to know about COVID-19 in Ottawa on Thursday, July 22 – CBC.ca