Author: TSX Stocks

Photo:AP Photo/Seth Wenig

People stand in front of the New York Stock Exchange in New York, Monday, April 7, 2025. 

Canada’s main stock index edged lower in late-morning trading, weighed down by losses in the base metal and technology sectors, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 10.32 points at 26,365.48.

In New York, the Dow Jones industrial average was down 11.02 points at 42,750.74. The S&P 500 index was up 1.56 points at 6,007.44, while the Nasdaq composite was down 8.57 points at 19,582.67.

The Canadian dollar traded for 73.11 cents US compared with 73.08 cents US on Monday.

The July crude oil contract was up 84 cents US at US$66.13 per barrel and the July natural gas contract was down eight cents US at US$3.55 per mmBTU.

The August gold contract was down US$8.20 at US$3,346.70 an ounce and the July copper contract was down two cents US at US$4.91 a pound.

Marc-André Blanchard, Canada’s former ambassador to the United Nations, has left Caisse de dépôt et placement du Québec (CDPQ) after five years as one of its senior executives to become chief of staff for Prime Minister Mark Carney.

Blanchard was named the executive vice-president and head of CDPQ global in September 2020, and added the title of global head of sustainability in February 2022.

At CDPQ Global, he led a government relations division formed to support CDPQ’s investment teams and partners worldwide. As the leader of the sustainability team, he guided CDPQ’s environmental initiatives.

A lawyer by trade, he worked at McCarthy Tetrault LLP from 1997 to 2016, serving as the regional managing partner of Quebec and climbing the ranks to become board chair and CEO.

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Miller to retire as Crown Realty CEO

Crown Realty Partners has announced that CEO and managing partner Les Miller plans to retire effective June 30, with several of the company’s senior executives stepping into expanded roles as he departs.

“It has been an honour to lead Crown Realty Partners. I am incredibly proud of what we have accomplished together, and I have complete confidence in Emily, Jamie, and Scott to lead Crown to even greater heights. I look forward to watching the company’s continued success from a new perspective,” Miller said in the company’s announcement.

No direct successor has been named. Rather, Toronto-based Crown states managing partners Emily Hanna, Jamie Christie and Scott Watson will continue to lead the organization.

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Rasmussen becomes president at MedSpace Canada

Scott Rasmussen, who has spent virtually all of his 17-year career in various aspects of the life and health sciences real estate sector, has been named president of Toronto-based MedSpace Canada.

Rasmussen moves to MedSpace from Colliers, where he spent the past year as vice-president, sales representative within its Toronto life science and innovation practice.

His leadership experience includes senior roles at NorthWest Healthcare Properties and McMaster Innovation Park, as well as co-founder and co-chair of the Ontario Wet Lab Coalition.

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Sandra Lau appointed to AIMCo board of directors

Alberta Investment Management Corporation (AIMCo) has appointed Sandra Lau to its board of directors for a three-year term. The board is being rebuilt after a management purge by the Alberta government last year.

Lau brings more than 25 years of expertise in investment and risk management, the majority of which she spent in progressively senior roles at AIMCo. Since joining the organization in 1999, she advanced to executive vice-president, fixed income, and later served as chief investment officer from 2022 until her retirement in mid-2023.

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Reena Carter steps into CFO role at HOOPP

The Healthcare of Ontario Pension Plan (HOOPP) has hired Reena Carter as its chief financial officer, recruiting her from the Ontario Municipal Employees Retirement System (OMERS).

Carter had served as the senior managing director of portfolio management and operations with OMERS.

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Atrium MIC names CFO

Toronto-based Atrium Mortgage Investment Corporation (AI-T) has named Gigi Wong as its chief financial officer, bringing in a seasoned financial operations leader to the provider of residential and commercial mortgages.

Wong was managing partner and CFO of Hazelview Investments from June 2016 to February 2025.

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Nam Kular new managing broker at KIC Realty Alberta

KIC Realty Alberta in Calgary has appointed Nam Kular as its new managing broker. Kular brings with him over a decade of experience navigating Alberta’s housing market. 

As managing broker, he will work alongside CEO and co-founder Willie Ip to oversee compliance, training, agent development, and day-to-day brokerage operations in Alberta.

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Wallace Wang moves from Brookfield to Bridgemarq

Bridgemarq Real Estate Services Inc. (BRE-T) has hired Wallace Wang as its new chief financial officer, a position which will be effective July 1.

Wang joins Bridgemarq from Brookfield Asset Management. He is a Chartered Professional Accountant (CPA) and holds both a bachelor’s degree in mathematics and accounting and a master’s degree in accounting.

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Snaille appoints two to its advisory board

Snaile has announced the appointments of Nicholas (Nick) Thadaney, ICD.D, and Vikram Kapoor, CFA, to the Toronto-based firm’s strategic advisory board.

Thadaney, former CEO of the Toronto Stock Exchange (TSX) and group head of capital formation at TMX, brings expertise in capital markets, technology, corporate governance, and innovation leadership to the board.

Kapoor is a seasoned capital markets strategist and portfolio manager with experience from multiple companies in investment management, corporate finance and value creation.

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EDITOR’S NOTE: This is the inaugural instalment of our new format for The People Space. We will publish the column as a biweekly compilation of items published in our People Space section during the preceding two weeks. This will allow for expanded coverage of appointments, hirings and other comings and goings within commercial real estate, development investment, property tech and related fields. Have an item you’d like to share in The People Space? Send us a release at … thankyou@squall.com