Toronto Star: Is Toronto hurtling toward a ‘city-cession’? New data paints a gloomy picture as consumer spending slows
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Financial Post: Cost inflation inescapable as $400-million Sagard private equity fund eyes targets
Inflation and a potential recession weren’t on everyone’s mind when Marie-Claude Boisvert joined Sagard Holdings Inc., the alternative investment arm of Power Corp., in January last year with a plan to raise $400 million for a new private equity fund to buy stakes in mid-market Canadian companies.
The Globe and Mail: Empty Canadian offices fill 89 Rogers Centres – and it’s a chance to reimagine downtown
Almost 50 million square feet of vacant office space is available in Canadian downtowns, with nearly 40 per cent of that becoming vacant since the COVID-19 pandemic hit. That’s the equivalent of 89 baseball stadiums the size of Rogers Centre in Toronto.
The Globe and Mail: Slumping loonie hitting differently across various industries
As the Canadian dollar slumps to near five-month lows, exporters are getting a boost while importers such as food suppliers, already battling inflation, are facing more headwinds.