It's part of the developer’s plan to build 2,200 condo units on the Quartier des lumières site just west of the Jacques Cartier Bridge and near the city’s downtown core. Meanwhile, developer Groupe Mach says it still plans to develop about 900,000 square feet of office space at Quartier des lumières, despite the current high vacancy rates in the city. Plans are being finalized for what Chiara says is “a huge demolition process.”While it’s unlikely office space will be required in the next couple of years in Montreal given current vacancy rates, “historically we’ve managed to absorb (office) space in Montreal over time,” Chiara says. In addition, Chiara maintains much of the city’s current vacant office space will be taken off the market because it is rundown and undesirable. The recently completed 418,822-square-foot Maison de Radio-Canada, on the eastern edge of Quartier des lumières and just east of CBC/Radio-Canada’s former headquarters, was built by Broccolini.

© Provided by Financial Post Bank and office towers in Toronto's financial district. In a note to clients late Sunday, National Bank Financial analyst Gabriel Dechaine said commercial real estate loans represent the second-largest lending exposure of Canada’s six largest banks, trailing only residential real estate in proportional size, at around 10 per cent of lending portfolios. “Office exposures are particularly worrisome and represent 12 per cent of the average Big-Six CRE (commercial real estate) book.”Rising interest rates have challenged commercial real estate owners and investors while, at the same time, remote work is leaving many office buildings under-utilized and hurting rent prospects. Dechaine noted that impaired commercial real estate loans aren’t yet rising substantially for Canadian banks, save for some exposure in the United States. Other market watchers have expressed less concern about the ability of Canadian banks to weather exposure to commercial real estate.

It was just a few months later when one of the first major Twitter death hoaxes took shape as Gordon Lightfoot was prematurely eulogized. One of the workshops was a tribute to him, and he took his spot behind the stage to watch his songs reinterpreted. My front-page photo would be him on the main stage, guitar in hand. Just as Lightfoot began playing “If You Could Read My Mind” — and I caught my breath — I switched to video. At 7:30 p.m., May 1, 2023, Gordon Lightfoot left this world a better place than he found it.

Loong Wah Restaurant owner Zoe Wu, pictured here holding up a menu inside her restaurant. The final day for Loong Wah Restaurant on Lemarchant Road is set for Sunday, May 14, marking the end of over 30 years of food service. While the previous owners served North American Chinese food, Wu said she tried to diversify the menu with more authentic Asian dishes. Some of Loong Wah's fusion dishes included their salted cod fried rice and Newfoundland-themed fried rice which included jiggs dinner ingredients. Mei Mei, a frequent diner at Loong Wah, said she's going to miss the food.

ORILLIA, Ont. - Over 2,400 fans attended a public visitation Sunday in Gordon Lightfoot’s hometown in central Ontario to say goodbye to the folk singer-songwriter. In the pouring rain, a line stretched down the street outside St. Paul’s United Church in Orillia, Ont., where Lightfoot once sang as a choir boy. It was one of the many tributes to Lightfoot in Orillia since his death on May 1. A private funeral is to take place Monday in Orillia, where Lightfoot is to be buried alongside his parents.

Wise, a resident of Vernon in the North Okanagan region of B.C., recently became the first woman in the 78-year history of the B.C. Trappers Association (BCTA) to be certified by the association as a trapping instructor. Holly Wise/Submitted"I think it's great for the association, great for the industry," Killey said. As an instructor, Wise says she'll primarily focus her attention on the Okanagan area but is open to traveLling around the province to hold trapping courses. For people with traplines, trapping is done recreationally and as a source of income.

LONDON — Out in Clapham, a rather small and charming local “Big Lunch” coronation party is being held on Tregarvon Road, hosted by Tom Tugendhat, who just happens to be the Minister of State for Security. Thereby pitching Toronto into a premature mayoral election featuring a plethora of candidates, none particularly seductive, you should forgive the expression. “That is a mischaracterization,” insists Tory, referring to rumours that he’s held conversations about possibly testing the waters. But in London, where he arrived in time to watch the coronation on TV, he’s enjoying the anonymity, even when a reporter catches up with him. Tory actually met Charles at a small dinner party a few years ago and liked him right away.

SEATTLE — When the Stars take the ice Sunday night, will they have the road-ice advantage? “You know what, I don’t (have an explanation),’’ Stars coach Pete DeBoer said, “but I think the parity in the league is impressive. “I’m old but I’m not that old,’’ Sharp said, laughing. They’re all fantastic players,’’ DeBoer said. On top of that, Heiskanen’s 29:45 per game in the playoffs leads all players by a considerable margin.

© Submitted Thousands of people took part in the Vancouver Marathon, Sunday. Among them was 13-year-old Charlie-Anne Cox who was pushed across the finish line in her electric wheelchair, raising money for Canuck Place. As 13-year-old Charlie-Anne Cox approaches the finish line at the BMO Vancouver Marathon, she’s got one thing on her mind — faster. They are the only person that’s been there, the only place that’s been there in the beginning in that way in the all-encompassing way that they are,” Cherie said. “Her smile through that finish line she’s saying, ‘hurry, hurry we’re losing.

It was Louis de Lorimier’s first posting as an ambassador for Canada when he arrived in Lebanon in September 2005, after almost a quarter-century in the foreign service. Last Saturday, Canada ended its evacuation flights to bring Canadians home from Sudan amid escalating violence and deteriorating safety conditions. “Canada continues to monitor the situation actively and will continue to provide assistance to Canadians and permanent residents wishing to depart Sudan,” Global Affairs Canada said in a statement on Friday. For example, on the first day of the Lebanese evacuation, the Canadian government had initially secured six ships to each carry 250 people out of the Lebanon’s main port. That’s when the press reported in Canada that the operation was a mess.

Westboro residents say they're pleased a stretch of their local beach will reopen this summer — even if it comes with news that the entire construction project won't wrap up until next year. "Last summer was not a happy summer," said Len Fardella, co-president of the Westboro Beach Community Association. The closure of Westboro Beach in 2023 was part of the National Capital Commission's (NCC) plans to redevelop the area. © Joseph Tunney/CBC Len Fardella, co-president of the Westboro Beach Community Association, said residents weren't happy to learn their beach wouldn't reopen on time. But when the entire beach closed last summer, the community wasn't happy, Fardella said — and aired those frustrations.

Special Thanks to Shay Castle, Boulder Beat (AP Storyshare)It’s spring in Boulder County. In unincorporated Boulder County, building permits have been issued for 57 of 157 destroyed homes. Louisville has issued building permits for for 247 of the 550 it lost, and four households have moved back home. Superior has handed out 191 building permits, representing 49% of the town’s 389 homes destroyed by the fire. The city’s chief building official, who typically doesn’t handle building permits, sets aside Thursdays to process them for Marshall Fire victims, Ritchie said.

© Thomson Reuters Ukrainian prisoners of war (POWs) pose for a picture after a swap at an unknown location in UkraineKYIV (Reuters) - Ukraine on Saturday hailed the return of 45 Azov battalion fighters captured during the battle for Mariupol while Russia said three of its pilots had been released by Kyiv, but neither side gave a full account of the apparent prisoner swap. © Thomson Reuters Ukrainian prisoners of war (POWs) are seen after a swap at an unknown location in UkraineThe freed Ukrainian prisoners included 42 men and three women from the Azov battalion, said Andriy Yermak, the head of President Volodymyr Zelenskiy's office. Thirty-five privates and sergeants, 10 officers," Yermak said on the telegram app in a post that did not mention the release of Russian prisoners. There were no reports on Russian state media of additional Russian prisoner releases. © Thomson Reuters Ukrainian prisoners of war (POWs) rest after a swap at an unknown location in UkraineMoscow and Kyiv have agreed a number prisoner exchanges since Russia's full-scale invasion in February last year.

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Erased in so many ways from the pageantry and the historical record of the only coronation many of us will ever witness. The tunic is sentimentally precious to Charles because it was worn by his grandfather, King George VI, at the 1937 coronation. Charles later swapped it out, as is the custom upon departure from the Abbey, for the Imperial Crown featuring 2,868 diamonds. The late Queen called it her “party hat.”Diamond Jubilee State Coach to the Abbey, Gold State Coach from the Abbey. (Afterwards, Sarah told The Independent: “I was moved to tears and felt so proud watching the new King and Queen being crowned.)