What could a hawkish Federal Reserve mean for the Bank of Canada?

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It also narrows the Bank’s own room to manoeuvre. A wider rate gap can make it harder to ease further, even if softer domestic data later called for it, without risking additional currency weakness. That’s part of why some analysts have raised questions over whether hikes could still be ahead for Canada, even as the consensus […]

ICE highlights AI clout amid rising mortgage competition

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Intercontinental Exchange’s mortgage technology unit returned to the black in the second quarter, as company leaders made their case for how ICE’s legacy platforms were best suited to deliver in the artificial intelligence age.    Processing Content Operating income at ICE Mortgage Technology came in at $45 million, finishing in positive territory after a $13 million […]

Cabot Properties Sells 2.5M-SF Midwest Industrial Portfolio

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Cabot Properties, a global investor, developer, and operator of logistics properties, today announced the successful disposition of the North Central Portfolio, a collection of 11 modern industrial properties totaling approximately 2.5 million square feet across key industrial submarkets in Greater Chicago and Minneapolis, Minnesota. The diversified portfolio, which includes assets both developed and acquired by […]

Could Alberta’s new infrastructure plan be a gamechanger for housing?

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Alberta recorded a 4% year-over-year increase in for-sale housing starts in 2025, with Edmonton posting a 15% surge, according to Statistics Canada. The new agreement is intended to remove the servicing constraints, particularly in mid-sized cities where aging systems have acted as a ceiling on approvals, that have limited further progress.  Red Deer’s $9 million gap […]

Notts BS shows dip in gross lending for H1 2026 – Mortgage Strategy

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Nottingham Building Society’s interim results for the six months ending 30 June 2026 reveal £336.8m in gross new lending (down from £535.1m for the same period in 2025) and £4.2bn in total mortgage assets (down from £4.4bn for H1 in 2025) . The building society also reported £6.2m profit before tax (2025: profit before tax […]

Where in Canada is the housing market actually strong right now?

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Alberta reversed its 2025 position as the sole province to rise across the board, posting modest overall declines, though Calgary and Edmonton held steady and smaller centres including Red Deer and St. Albert recorded modest increases. Geneva Tetrault, owner of CENTURY 21 Masters in Edmonton, Alberta, described the shift as a long-overdue normalization. “We’ve really […]

Mastercard touts agentic AI tools during earnings call

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Key insight: Mastercard discussed its agentic AI strategy during its earnings call.  Expert quote: “It’s early days, but engagement across the globe is energizing. The rise of agentic commerce also brings about an entirely new class of payment use cases.” —Mastercard CEO Michael Miebach  Forward look: The card network is recruiting clients to its machine-to-machine […]

Hammerson raises guidance with acquisition of 50% stake in Manchester Arndale

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The company raised its earnings outlook after delivering operational growth across its flagship retail destinations and completing its first major external acquisition in more than a decade. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE […]

Spire declares dividend

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ST. LOUIS, July 30, 2026 /PRNewswire/ — The Spire Inc. (NYSE: SR) board of directors declared a quarterly common stock dividend of $0.825 per share, payable October 2, 2026, to shareholders of record on September 11, 2026. Spire has continuously paid a cash dividend since 1946, with 2026 marking the company’s 23rd consecutive year of […]

Carney comes to Alberta, talks housing, hears from separatists

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Prime Minister Mark Carney came to the Alberta heartland Wednesday to announce housing money, sit shotgun on a canola sprayer and catch an earful — at a distance — from flag-waving separatists.