15:31:04 EST Thu 26 Feb 2026
Enter Symbol
or Name
USA
CA



Morguard Corp
Symbol MRC
Shares Issued 10,678,094
Close 2026-02-25 C$ 114.84
Market Cap C$ 1,226,272,315
Recent Sedar+ Documents

NP/wire say gov't buying Morguard's Ottawa office tower

2026-02-26 09:06 ET - In the News

The National Post reports in its Thursday, Feb. 26, edition that the federal government is purchasing an office tower in downtown Ottawa. A Postmedia News dispatch to the Post reports that Public Services and Procurement Canada (PSPC) confirmed the purchase in an e-mail to Postmedia on Feb. 25. "The building was constructed for government use and will continue to serve as a key administrative facility to support the long-term accommodation of the House of Commons," PSPC spokesman Jean-Francois Letourneau said. In a news release on Feb. 19, real estate company Morguard said it had a commitment to sell its leasehold interest in an office property located in Ottawa for $148.2-million, excluding closing costs. That transaction is scheduled to close on Aug. 31, 2026. The building at 131 Queen St. was built in 2006 and has 305,210 square feet of office space. PSPC did not confirm the purchase price.

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