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Brigil announces $950m Espace Canevas community project in Canada

Brigil announces $950m Espace Canevas community project in Canada

Yahoo2 days ago
Real-estate company Brigil has unveiled the Espace Canevas community project to revitalise an urban hub in Québec, Canada, with an investment of approximately C$1.3bn ($950m).
The Espace Canevas community project is poised to transform the former Village Cartier shopping centre into an inclusive and sustainable living space.
The development will feature up to 2,600 residential units, as well as 192,000ft² of commercial space and 182,000ft² of office space.
Its design focuses on stimulating the local economy, enhancing connectivity, and prioritising green spaces and active mobility.
Brigil development vice-president Jessy Desjardins said: "What we are proposing with the Espace Canevas community is the redefinition of our urban spaces for the benefit of the Gatineau-Ottawa population.
"Reflecting the ambitions of the neighborhood, the project offers a second life to the Village Cartier shopping centre and demonstrates the immense potential for transforming large commercial spaces to increase the number of available units in the context of a housing crisis.'
Located complementarily to Gatineau, Espace Canevas aims to integrate with its surroundings. The approach includes varying building heights to ensure the space remains open.
The move comes after six years of transformation, design, and community engagement.
Desjardins added: "We held working sessions with architects, urban planners, and Canadian and Danish experts to identify concrete ways to improve the quality of life for the population within real-estate projects.
"We return from these visits more motivated than ever, and Brigil intends to continue playing a leading role in redefining the social function of public spaces in the region.'
The Espace Canevas project will offer a diverse range of rental housing options, fostering a neighbourhood life with accessible green spaces and community places.
The design prioritises mobility for pedestrians and cyclists, featuring trees and an integrated rainwater management system visible in the landscape. The project plans also include local businesses such as cafés and restaurants.
"Brigil announces $950m Espace Canevas community project in Canada" was originally created and published by World Construction Network, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
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Air Canada drops winter flights to US tourist destination
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New York Post

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  • New York Post

Air Canada drops winter flights to US tourist destination

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Lomiko Metals Announces Industry and Corporate Update
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Business Wire

time4 hours ago

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Assumptions upon which such FLI is based include, without limitation: the Company's, ability to implement its overall business strategy and to fund, explore, advance and develop each of its projects, including results therefrom and timing thereof, the impact of increasing competition in the mineral exploration business, including the Company's competitive position in the industry, and general economic conditions, including in relation to currency controls and interest rate fluctuations. The FLI contained in this news release are expressly qualified in their entirety by this cautionary statement, the 'Forward-Looking Statements' section contained in the Company's most recent management's discussion and analysis (MD&A), which is available on SEDAR+ at All FLI in this news release are made as of the date of this news release. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such forward-looking information. The Company does not undertake to update or revise any forward-looking information contained herein to reflect new events or circumstances, except as may be required by applicable securities laws.

Mark Carney receives praise, blowback after he ‘caved' to Donald Trump's demand to scrap tech tax
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Hamilton Spectator

time6 hours ago

  • Hamilton Spectator

Mark Carney receives praise, blowback after he ‘caved' to Donald Trump's demand to scrap tech tax

OTTAWA–Prime Minister Mark Carney is facing praise and blowback for his decision to ditch the government's digital services tax, a move that on Monday revived trade talks between Canada and the U.S., but opened the Liberals up to accusations of bowing to U.S. President Donald Trump. 'It's very simple. Prime Minister Carney and Canada caved to President Trump and the United States of America,' White House Press Secretary Karoline Leavitt said Monday afternoon. 'It was a mistake for Canada to vow to implement that tax,' Leavitt said, adding that Carney spoke to Trump Sunday about dropping the measure, which would have required a number of American tech giants to submit their first payments on Monday. Prime Minister Mark Carney says Canada and the U.S. have restarted negotiations aiming again to reach a deal by July 21. He says Canada cancelled the digital services tax because it was part of the negotiation and wouldn't make sense to collect the tax and then have to refund them later. (June 30, 2025 / The Canadian Press) Carney, speaking briefly to reporters later that afternoon, confirmed negotiations between both countries had resumed but did not respond to a question about the accuracy of the White House's framing that he 'caved' during the call. The prime minister said he made the concession as 'part of a bigger negotiation,' pointing to the agreement he hopes to reach with the Trump administration to resolve the broader trade dispute by July 21. 'It doesn't make sense to collect tax from people and then…remit them back, so it provides some certainty. And as I just said, negotiations have restarted. We're going to focus on getting the best deal for Canadians. We're making progress,' Carney said. Two days earlier, talks between both countries were put on ice after Trump said he was 'terminating ALL discussions on Trade with Canada' due to the 'egregious' tax. By Sunday night, Canadian officials announced that the measure, a policy the Liberals had championed for years under former prime minister Justin Trudeau, would be scrapped. A government press release said Finance Minister Francois-Philippe Champagne had cancelled the planned June 30 collection of the tax, and that he would introduce legislation to formally rescind the measure. The digital services tax was enacted in 2024, though it was retroactive to 2022 and set to come into effect this year. It would have imposed a three–per-cent tax on certain domestic and foreign tech giants earning more than $20 million in revenue from digital services, like social media and online advertising services, that require the engagement, data and content contributions of Canadians to operate. Companies that also sold or licensed Canadian user data were also captured by the policy. The Parliamentary Budget Officer estimated in 2023 that the tax would boost Ottawa's revenues by $7.2 billion over five years. But the tax has long served as a trade irritant between Canada and the U.S., prompting fears that it would spark, or be used as a wedge, in a future trade war. Major Canadian business organizations also strongly opposed the measure, warning that the tax would ultimately be passed on to Canadian consumers, businesses, and investors through higher costs. 'Now, with it off the table, we think it's going to lower taxes for Canadians. It's going to make some of their services more cost-effective, but it also sends a signal that we're a good place to do business,' David Pierce, the vice-president of government relations for the Canadian Chamber of Commerce, told the Star. Carney's move also won support from the Council of Canadian Innovators (CCI), an association that previously backed the measure as 'a necessary tool to ensure global technology giants contribute their fair share in Canada.' CCI president Benjamin Bergen said in a statement that dropping the tax was a 'strategic move' he hoped would 'renew dialogue' with the U.S. The Computer & Communications Industry Association, an international trade organization, also lauded Canada for walking back a tax the group has long said unfairly targets U.S. exporters. 'We urge other governments that have proposed or enacted DSTs, including the U.K., France, Germany, Italy and Pakistan, to follow suit and commit to fair, reciprocal international tax principles,' wrote CCIA president Matt Schruers. While the Liberals had been pushing for a multilateral tax approach through the Organization for Economic Co-operation and Development, work on that front eventually stalled, prompting Canada to chart its own path forward in the interim. Taylor Owen, director of McGill's centre for media, technology and democracy, said that the U.K. was able to keep its own digital services tax, despite Trump's opposition to the policy, while also signing a trade deal with the U.S. 'It probably shows more than anything that we need new digital governance coalitions that don't include the U.S., but are designed to collectively act in order to pressure the U.S.,' Owen told the Star. On Monday, Conservative Leader Pierre Poilievre called out the Liberals for abandoning their previous support for the measure at the '11th hour,' while interim NDP leader Don Davies said 'abandoning fair taxation of tax giants is unacceptable appeasement.' 'We really are back to square one with the operations of these companies. You know, tens of billions of dollars of revenue, effectively untaxed in Canada,' Keldon Bester, executive director of the Canadian Anti-Monopoly Project told the Star. 'So I think from a negotiating perspective, as well as a tech policy perspective, it's quite disappointing,' Bester said, adding that other legislation regulating American tech giants, like Canada's online streaming and online news laws, could get tangled up in the trade war next. Allison Christians, the Stikeman chair in tax law at McGill University, said U.S. companies hold immense control over information and media in Canada. 'At some point, you just lose control over a society that you want because your economic prospects depend on a volatile, unreliable trade partner that just changes the deal whenever they want,' Christians said. 'So whatever we do, Trump might come up with something next week that he also doesn't like. And then what? What are we giving up next?'

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