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'Proptech' is finally disrupting the world of commercial real estate

'Proptech' is finally disrupting the world of commercial real estate

Technology and data are finally shaking up the world of commercial real estate, allowing the industry to make more informed decisions, respond quicker to consumer trends, and take on more complex projects, says consultancy Altus Group.
US new-home sales slipped 0.4% in December

US new-home sales slipped 0.4% in December

WASHINGTON — U.S. sales of newly built homes fell 0.4% in December, cooling slightly after low mortgage rates fueled gains for much of 2019.
Alan Kestenbaum to return as chief executive of Stelco Holdings Inc.

Alan Kestenbaum to return as chief executive of Stelco Holdings Inc.

HAMILTON — Stelco Holdings Inc. says Alan Kestenbaum will return as the company's chief executive. Kestenbaum will return to the job effective Feb. 21. He will replace David Cheney, who is stepping down and returning to Bedrock Industries.

Update on the latest in business:

FINANCIAL MARKETS Asian stocks fall as virus fears spook markets, hit tourism BANGKOK (AP) — Shares tumbled today in the few Asian markets open as China announced sharp increases in the number of people affected in an outbreak of a potentially deadly
Alberta open to extending Feb. 28 deadline for high-tech panel report

Alberta open to extending Feb. 28 deadline for high-tech panel report

EDMONTON — Alberta's economic development minister says she is open to extending the deadline for a looming benchmark panel report on growing the high-tech sector, but says she wants to start taking action no later than the end of spring.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Metro update Metro Inc. releases its first-quarter financial results and holds a conference call with analysts on Tuesday.

Montreal International Marathon loses title sponsor as A. Lassonde Inc. drops out

MONTREAL — Juice-maker A. Lassonde Inc. has pulled its sponsorship of the Montreal International Marathon, which had used the company's Oasis brand. The Rougemont, Que.

BDO Canada pays $4 million penalty, costs for audit failures in two funds: OSC

TORONTO — The Ontario Securities Commission says BDO Canada LLP paid $4 million after admitting it failed to comply with generally accepted auditing standards in the audits of the 2014 and 2015 financial statements of two privately offered investment

U.S. confirms that fabricated steel from Canada dumped but not subsidized

WASHINGTON, Wash. — The United States Department of Commerce says its final determination has confirmed that fabricated structural steel imports from Canada was dumped into the country but wasn't subsidized.
First Alaska retail pot shops get OK to allow on-site use

First Alaska retail pot shops get OK to allow on-site use

JUNEAU, Alaska — The first marijuana shops in Alaska where customers can partake on-site have gotten approval, putting them on the leading edge nationally.