The central bank cut rates by 50 basis points, sending its overnight rate down to 3.75 per cent. Interestingly, bond markets factored this in with no movement in the five-year Government of Canada bond yield following the announcement.

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  • Cleveland Clinic Takes Top Three Floors At Toronto’s Northbridge Place
    Cleveland Clinic Canada is expanding its downtown Toronto practice with a 35,000-SF deal at Northbridge Place, where the health care provider now occupies the top three floors. The clinic opened in early November at 105 Adelaide St. W. Its footprint is equivalent to about one-fifth of the office space in the 12-storey Class A building, […]
  • Record Rental Completions Push Up Vacancy In Greater Toronto
    A record 2,704 purpose-built apartments opened across Greater Toronto and Hamilton in the third quarter, pushing vacancies higher as landlords looked for tenants for the latest wave of rental buildings. Vacancy rose to 13.3% from 12.1% a year earlier across the purpose-built rentals Urbanation tracks, including buildings still leasing up. Among properties at least a […]

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