
Trade Policy, Manufacturing Economics, and Commercial Real Estate: Why Ontario's Industrial Bet Is More Important Than Your Cap Rate
Macro to Local · Systems Thinking Trade Policy, Manufacturing Economics, and Commercial Real Estate: Why Ontario's Industrial Bet Is More Important Than Your Cap Rate Tariff policy doesn't directly affect commercial real estate. It affects what happens to manufacturing economics, which affects locat
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The Strait of Hormuz Is Setting Your Cap Rate
Macro-to-Local Translation · Engineering Perspective The Strait of Hormuz Is Setting Your Cap Rate Oil-driven inflation isn't a Bank of Canada story. It's a discount-rate story, and it just ran through the circuit in real time. By Navjot Singh Most industrial buyers underwrite today's interest rat
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Ontario's NRST Rebate: A Bigger Signal Than the Buyer Ban
Policy Analysis Ontario's NRST Rebate: A Bigger Signal Than the Buyer Ban Ontario's Nov. 2025 NRST industrial-use rebate refunds the 25% speculation tax on land converted to industrial use — a bigger signal than the 2027 ban expiry. By Navjot Singh · 15 min read · 3,067 words By Navjot Singh, a re
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The Manufacturing Jobs Number Everyone Is Reading Wrong
The Manufacturing Jobs Number Everyone Is Reading Wrong Statistics Canada's June 2026 Labour Force Survey shows manufacturing employment down again. Most readers will treat that as a warning sign for industrial real estate. The data says something different. Canada added 18,000 jobs in June 2026, ho
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