There are no active permits, aside from the one for demolition.
Allied is also financially challenged at the moment, so the answer is almost certainly no.
The likely reason why the company is demolishing this building is because the city essentially ordered them to do it back in May.
The plumbing contractor for Canada House, according to this published certificate, appears to be 'Dependable Mechanical Systems Inc.' (which is a little ironic, if you ask me).
https://canada.constructconnect.com/dcn/certificates-and-notices/4D672A4A-7140-4774-956F-BBACB143DE63
Concord issued...
Permasteelisa Group at a cost of about $95M CAD.
https://www.permasteelisagroup.com/news/permasteelisa-group-secures-e59m-contract-at-forma-east-tower-toronto/
The exposed ceilings are certainly ugly...
But, the style is the exact same for the market rate units too.
See for yourself:
https://living.westbankcorp.com/property/mirvish-village
It's funny, these days you can pretty much tell that a building has the misfortune of being owned by Starlight based on its shoddy white-over-brick and black-over-balcony paint job.
That said, their overall strategy is more 'renovate and raise rents' than 'tear down and re-develop'.
Walked by here and couldn’t get a good photo because it’s covered up by a solid gate…
But Orin does have excavation equipment behind the building now. Though, they weren’t working.