AGP Executive Report
Last update: an hour agoHotel Market Pulse: Marriott International lifted its 2026 room-revenue outlook after Q2 results showed resilient demand, with Global RevPAR up 3.4% and U.S./Canada RevPAR up 5%, while its development pipeline hit a record ~629,000 rooms across nearly 4,200 properties. Housing & Support Services: A new Canadian study says adults with fetal alcohol spectrum disorder face compounding housing barriers, pointing to systemic misunderstandings and long waitlists that require better pathways and supports. Infrastructure & Urban Development: Halifax kicked off a two-year Bayers Road transit-priority project with bus lanes and major lane/sidewalk closures, while Quebec police urged caution after a deadly start to the construction holiday. Real Estate Development Approvals: A development permit was submitted for South Britannia’s planned surf park and residential complex in Britannia Beach, targeting Phase 1 completion in 2029. Market Cooling Signal: Mortgage demand cooled sharply as rate hikes and tax changes bite, adding pressure to Canada’s housing affordability outlook.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.