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Canada is a nation heavily dependent on the real estate industry which accounted for roughly 14% of its GDP in 2020 [126] and over 20% in 2023. [127] There is a high risk that if investor sentiment changes, buyer demand may drop significantly, triggering a vicious cycle of prices declines that snowball . [ 128 ]
Choice Properties Real Estate Investment Trust, commonly referred to as Choice Properties, is a Canadian unincorporated, open-ended real estate investment trust (REIT) based in Toronto, Ontario. It is the largest real estate investment trust in Canada, with an enterprise value of $16 billion. [1] It mainly owns Canadian retail properties ...
In 2005, Brookfield Properties acquired a 25% interest in O&Y Properties Corporation and O&Y Real Estate Investment Trust, expanding the company's real estate portfolio in four Canadian cities. [13] In 2006, the company acquired Trizec Properties, which was founded in 1960 by William Zeckendorf, builder of Place Ville Marie. [14]
The Toronto Regional Real Estate Board (TRREB), formerly the Toronto Real Estate Board, is a non-profit professional association of registered real estate brokers and salespeople in Toronto, and parts of the Greater Toronto Area. [180] TRREB was formed in 1920. [180] Many large real estate investment trusts are based in Toronto.
Maple Leaf Sports & Entertainment Ltd. (MLSE) is a professional sports and commercial real estate company based in Toronto, Ontario, Canada.With assets that include franchises in four of the six major professional sports leagues in the United States and Canada, it is the largest sports and entertainment company in Canada, and one of the largest in North America.
However, the Greater Toronto Area, which is an economic area defined by the Government of Ontario [citation needed], includes communities that are not included in the CMA, as defined by Statistics Canada. Extrapolating the data for all 25 communities in the Greater Toronto Area from the 2021 Census, the total population for the economic region ...
With a population of 717,961 as of 2021, Mississauga is the seventh-most populous municipality in Canada, third-most in Ontario, and second-most in the Greater Toronto Area (GTA) after Toronto itself.
Markham (/ ˈ m ɑːr k ə m /) is a city in York Region, Ontario, Canada.It is approximately 30 km (19 mi) northeast of Downtown Toronto.In the 2021 Census, Markham had a population of 338,503, [2] which ranked it the largest in York Region, fourth largest in the Greater Toronto Area (GTA), and 16th largest in Canada.
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