What’s happening: Desjardins purchase; home sales rise

Desjardins purchases renewable power assets

The Montreal-based Desjardins Group Pension Plan and Desjardins Financial Security announced this morning they have partnered with Connor, Clark & Lunn Infrastructure to acquire a majority stake in a portfolio of U.S. renewable power assets from EDP Renovaveis (EDPR).

EDPR has developed four wind farms currently in operation and has one construction-stage solar farm. When all the farms, located in the states of Indiana, Wisconsin, Oklahoma and Ohio, are in operation, they will combine to produce more than 560 megawatts.

Home sales rise nationally in August

Statistics released today by the Canadian Real Estate Association show national home sales and new listings continued to climb in August 2020.

National home sales rose 6.2 per cent on a month-over-month basis in August. Actual (not seasonally adjusted) activity was up 33.5 per cent year-over-year.

Gains were led by the Greater Toronto Area and British Columbia’s Lower Mainland. The national average sale price posted an 18.5 per cent gain in August.

Modu-Loc partners with Habitat for Humanity

Modu-Loc Fence Rentals, a provider of temporary fencing, this morning announced a new three-year partnership with Habitat for Humanity Canada. The partnership consists of a gift in kind donation of site containment products and services estimated at $300,000, making Modu-Loc a Silver-tier partner.

Ford joined by Elliott, Fedeli

Ontario Premier Doug Ford announced this morning he will be joined by Minister of Health Christine Elliott and Minister of Economic Development, Job Creation and Trade Vic Fedeli at his daily media conference. The event will be livestreamed and will start at 1 p.m.

Conferences: CDBI, Building Lasting Change 2020

Mark your calendar for Oct. 6 for the Building Lasting Change 2020 conference to be hosted by the Canada Green Building Council. Among the presentations will be a panel discussion offering insights on how Toronto, DC and Atlanta are building resilient cities.

The Canadian Design-Build Institute will hold its first virtual conference Oct. 22, 28 and 29. The conference will offer three separate half-day sessions including an overview of progressive design-build, a day dedicated to owners as well as an expert panel on mastering design-build best practices. More information here.