auto

OpenRoad Auto announces 16-acre Surrey automall development

Mario Toneguzzi -
The Surrey Auto Loop, located at 13340 76 Avenue, is being developed in partnership with Conwest Developments and will include seven lots and approximately 166,000 square feet of commercial space.

Automotive Properties REIT reports higher first-quarter AFFO as portfolio expands

Mario Toneguzzi -
The REIT attributed the increase in revenue, funds from operations and cash net operating income primarily to properties acquired during and after the first quarter of 2025, as well as contractual rent increases.

AutoCanada reports net loss of $3.3 million in its Q1 2026 financial results

Mario Toneguzzi -
Net loss from continuing operations of $(3.3) million, compared to net income of $9.7 million in the prior year.

AutoCanada appoints Mike Woodward chief financial officer

Mario Toneguzzi -
The appointment comes as AutoCanada continues operating its Canadian dealership and collision repair business while progressing the sale of its U.S. dealership portfolio.

Canada auto sales hit 6-year high in 2025, but tariffs to drive decline in 2026: TD report

Mario Toneguzzi -
4.3% decline in sales expected this year.

OpenRoad Auto reveals new brand identity

Mario Toneguzzi -
OpenRoad Auto marks 25 years with a new name, updated mission and values, and a focus on the future of automotive retail.

Canadian counter-tariffs on U.S. vehicles necessary retaliation: Unifor

Mario Toneguzzi -
Unifor is Canada's largest union in the private sector, representing 320,000 workers in every major area of the economy.
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