The World Urban Pavilion in Toronto’s Regent Park is a collaborative initiative between founding partners, Urban Economy Forum, UN-Habitat, Canada Mortgage and Housing Corporation, and The Daniels Corporation

TORONTO–(BUSINESS WIRE)–The doors opened today to the world’s first hub for in-person and virtual knowledge exchange on matters of accessible housing, green construction, urban equity and sustainable urban growth. Nestled in the heart of Toronto’s Regent Park, the World Urban Pavilion (the Pavilion) is a 4,000 square foot hub for innovation, exhibition and demonstration of the world of possibilities that places cities and towns at the heart of the Sustainable Development agenda.

The Pavilion is the culmination of a multi-year partnership between the Urban Economy Forum (UEF), UN-Habitat, Canada Mortgage and Housing Corporation (CMHC) and The Daniels Corporation (Daniels).

During the opening, Daniels announced a contribution of $3 million over five years to support the Pavilion. The Pavilion is now known as the World Urban Pavilion in Regent Park – Powered by Daniels. This commitment ensures the Pavilion remains an accessible and free resource for both local residents and the world’s champions of sustainable urbanization.

The World Urban Pavilion has been designed as a knowledge exchange hub where stakeholders from around the world can come together to share learnings and best practices on sustainable urban development. The Pavilion is located in Daniels’ DuEast mixed-use development on Dundas Street East, within a fully-accessible building in an open, gallery inspired space. Its unique design and multifunctional space provide opportunities for collaboration and ideas to blossom.

Visitors to the grand opening were treated to a viewing of the inaugural exhibition of the Pavilion, titled Canada Home. This is a multi-phase exhibition that will bring attention to Canadian innovation related to housing, communities, and sustainability. University of Toronto’s Infrastructure Institute at the School of Cities combined both conceptual and practical installations in this exhibition that depict models and approaches to mixed-use buildings.

The opening of the Pavilion also marks the launch of a global hub for UN-Habitat’s signature SDG Cities Initiative: a global endeavor to set more than 1,000 cities worldwide on track to achieve the 17 Global Goals that leave no one behind in the fight to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity by 2030.

Offering personalized consultations and a sheaf of planning and data collection tools to mayors, city managers, civil society networks and urban citizens, the SDG Cities Global Hub will also serve as a knowledge repository for cost-considering, contextually relevant sustainability-oriented initiatives to power equitable and inclusive urban regeneration and development.

To learn more about the Virtual Pavilion, please visit: https://www.worldurbanpavilion.org/virtual-pavilion

Quotes

“The World Urban Pavilion will inspire and incubate the best new ideas in urban development and open doors to learning from each other and from other countries. Most importantly, it will lead us, as a country, towards a sustainable, inclusive future where everyone has a place to call home.” – The Honourable Ahmed Hussen, Canadian Minister of Housing and Diversity and Inclusion

“Bringing the World Urban Pavilion to Toronto is a demonstration of our city’s collective leadership in addressing housing challenges. There is no better spot than Regent Park to see this come to life as this mixed-use community has become a staple in our city and a global example of good city planning and development. I look forward to seeing the new ideas and solutions that will come out of this space and the collaborative work that will occur with other leaders and countries from around the world.” – John Tory, Mayor, City of Toronto

“It has been an incredible journey for the Urban Economy Forum and all our partners to establish the Pavilion as a global hub for sustainable urbanisation. Today the Pavilion has shown to the world how organisations, communities, and people can all come together to push forward on the SDGs. We are very excited to embark on this new chapter for the Pavilion with all our partners, as we collectively work for a better urban future for all.” – Reza Pourvaziry, Chair of Urban Economy Forum

“I’m delighted that the World Urban Pavilion has decided to adopt SDG Cities as a centerpiece of its programmatic work and will become a global hub. UN-Habitat can confidently state that the Pavilion has a strategic role in advancing the achievement of SDGs in cities worldwide, and in supporting innovative solutions to pertinent issues faced in cities. We are fully behind the success of the Pavilion.” – Rafael Tuts, Director of Global Solution of the UN-Habitat

“I’m excited about the World Urban Pavilion and its physical imprint on the neighbourhood. I’m just as excited about the programming that will take place there and the front-row seat we will have to see the great work around Sustainable Development Goals taking place in Canada and around the world.” – Romy Bowers, President & CEO of Canada Mortgage and Housing Corporation

“Daniels is proud to be a founding partner of the World Urban Pavilion and thrilled to welcome the world to the vibrant Regent Park community. The Pavilion will showcase best practices in urban revitalization, with Regent Park providing a shining example of how multi-sector collaboration, with local resident voices at the centre, can re-imagine and transform challenged inner-city neighbourhoods into healthy, inclusive and sustainable communities.” – Mitchell Cohen, President & CEO of The Daniels Corporation

“The Regent Park community is excited about the launch of the World Urban Pavilion. The opportunity to learn from the many communities locally in Canada and globally on how cities and communities are being built better and how our own journey and philosophy to believe, begin and build can contribute to making the cities of the world a better place to call home.” – Ibrahim Afrah, Regent Park Community Representative & World Urban Pavilion Steering Committee Member

“The Pavilion offers a platform for communities like Regent Park to tell our stories, fosters solidarity across borders through knowledge-sharing and will allow us to come together to say it loud: ‘nothing about us without us.’ We in Regent Park have learned and know to be true, that participatory decision making with community members is essential to the success of revitalization and that it requires a willingness of those in power to share that power with residents with lived experience. There is a critical difference between being offered the empty ritual of participation and residents having real power to affect the changes happening in their own community.” – Marlene DeGenova, Regent Park Community Representative & World Urban Pavilion Steering Committee Member

About Our Partners

The Canada Mortgage and Housing Corporation (CMHC) is Canada’s authority on housing. CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to all levels of Canadian government, consumers and the housing industry. For more information, visit our website or follow us on Twitter, YouTube, LinkedIn, Instagram and Facebook.

To find out more about the National Housing Strategy, visit www.placetocallhome.ca.

The UN Human Settlements Programme, or UN-Habitat is mandated by the UN General Assembly to promote socially and environmentally sustainable towns and cities and communities. UN-Habitat works to support countries to have access to reliable data and information on urban conditions and trends, and to efficiently monitor and report on progress toward achieving global agendas including the Sustainable Development Goals. UN-Habitat’s vision of “a better quality of life for all in an urbanizing world” is achieved through work with partners to build inclusive, safe, resilient and sustainable cities and communities. UN-Habitat promotes urbanization as a positive transformative force for people and communities, reducing inequality, discrimination and poverty. Visit: https://unhabitat.org.

The Urban Economy Forum (www.ueforum.org) is an international non-profit organization that engages with city leaders to build capacities and global networks to realize the United Nations’ Sustainable Development Goals (SDGs), focusing on sustainable urbanism and lifestyle. The UEF’s annual conference is an international gathering of ministers, mayors, urban activists and planners, architects, academics, financiers, and civil society to raise awareness and exchange ideas and best practices on key topics pertaining to sustainable development. The 4th annual Urban Economy Forum will be held on October 3,4, and 5, 2022, with the overarching theme of Finance, Cities, and Sustainability.

The Daniels Corporation (www.danielshomes.ca) is one of Canada’s pre-eminent builders/developers, building more than 35,000 new homes across the Greater Toronto Area for over 38 years. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize 53 of the 69 acres in Toronto’s Regent Park. Daniels is the developer of TIFF Bell Lightbox and the City of the Arts community on Toronto’s Eastern Waterfront. Understanding that quality of life is created by much more than physical buildings, Daniels goes above and beyond bricks and mortar to integrate building excellence with opportunities for social, cultural and economic well-being.

Contacts

Ema Asler

Kaiser & Partners

Ema.Asler@kaiserpartners.com

MISSISSAUGA, Ontario–(BUSINESS WIRE)–#BuildingProgress–In celebration of this year’s Earth Day (April 22), Lafarge Canada Inc. is proud to announce the ambitious goal of doubling Eastern Canada Recycled Aggregates volumes by 2025 – a set target to supply customers with over 2 million tonnes per year – the equivalent to a train pulling 16,000 fully loaded rail cars. The use of Recycled Aggregates alone is a key component of Lafarge Canada’s journey to Net Zero, directly associated with the global demand for sustainable building solutions to support better living standards. “2021 was a record year. Having achieved a 19 per cent growth rate last year exceeding our original ambition of 15 per cent, encourages our teams to confidently work towards our 2025 Aggregates Strategy,” commented Peter Sanguineti, Vice President, Aggregates Eastern Canada. “In fact, we are already looking to accelerate this year’s growth rate, aiming at 25 per cent – a 10 per cent annual prediction increase – based on our ongoing projects with key partners in Eastern Canada.”

Lafarge’s investment in the Recycled Aggregates portfolio is a clear example of the company’s commitment to the concept of Circular Economy, for instance, when producing Recycled Aggregates from demolition waste and returned concrete, Lafarge avoids the disposal of these materials in landfills and presents a sustainable alternative to virgin materials, which are non-renewable resources. “In addition, our high quality recycled aggregates significantly reduce the volume of virgin material to be transported by trucks over time,” commented Marie-Michèle Poirier, Manager, Environment & Land, Eastern Canada, “In order to reuse construction waste and turn it into Recycled Aggregates, we transport the waste directly to stockpiles at cities’ depots, which traditionally is a shorter distance compared to virgin material transportation from quarries to construction sites, resulting in a significant decrease in GHG emissions.”

“Our objective is to follow the circular economy’s three principles of Reduce, Reuse, and Recycle to build more with less and preserve our ecosystems. In that sense, our efforts are focused on expanding applications for Recycled Aggregates and raising quality and acceptance standards; and at the same time, address current barriers across Provincial and local governments,” affirms Sanguineti. “When you consider the logistics benefits of being close to the market and the need for a trusted outlet for demolition waste, we have a winning recipe.”

Partnerships in Eastern Canada

Over the past years, in Eastern Canada, Lafarge has supplied Recycled Aggregates to multiple projects in partnership with the Ontario Ministry of Transportation and the Infrastructure Ontario, including Metrolinx and the most recent QEW Credit River project. In addition, lately, the company has been working with subcontractors to Mosaic’s Finch Light Rail Transit (LRT) project to supply Recycled Aggregates in Mississauga (ON). These applications prove the versatility and high performance standards of Lafarge’s Recycled Aggregates portfolio in traditional applications.

“In one of our most recent endeavors, we have been supplying multiple contractor partners performing the work for the various projects as part of the City of Toronto Basement Flooding Protection Program,” affirms Mark Lambie, Commercial Manager, Greater Toronto Area Aggregates. “The City primarily uses recycled concrete for trench backfill and bedding as part of the roadwork and their Flood Protection Program upgrades to water and wastewater in infrastructure. This proves that with proper processes and controls in place to guarantee product specifications, quality and consistency in addition to proper traceability, it can be safely utilized in a much broader and complex range of applications.”

As part of the execution of Lafarge Eastern Canada Aggregates Strategy, the company has been also partnering with Concordia University, in Quebec, leading a study in cooperation with the City of Montreal to assess Recycled Aggregates performance in different applications. “Another exciting channel is our collaboration with different industries’ interest groups, such as Circular Economy Leadership Canada (CELC) and our participation in their World Circular Economy Forum last year,” highlighted Sanguineti. “Lastly, in February this year, we had the pleasure to sponsor the ‘Maximizing the use of Recycled Aggregates for roads construction in Canada’, a national workshop led by Circular Economy Leadership Canada in partnership with Circular Innovation Council. The event was a great opportunity to share information amongst various industry stakeholders and further our common understanding of the success stories and remaining barriers.”

Technical and scientific studies

According to Nicolas Ginouse, Technical Director, Aggregates & Construction Materials, Eastern Canada, “Technical and scientific studies on this topic clearly show that the complete or partial replacement of virgin aggregates by Recycled Aggregates offers unique opportunities for supply chain security, reducing natural resources consumption, and global carbon footprint while ensuring similar, and in some cases, superior performances when compared to virgin materials. In some European countries and areas, such as in Paris, where sourcing virgin aggregates is very challenging, the use of Recycled Aggregates has become the norm, as they are essential to secure sustainable and cost-effective aggregates supply, while reducing CO2 emissions.”

In 2019, the Ontario Good Roads Association (OGRA) estimated that more than 6 million tonnes of Recycled Asphalt Pavement (RAP) were being stockpiled at over a hundred facilities across the province. “If we were to reuse this amount of RAP as an industry – the equivalent of over 500,000 full dump trucks – in producing asphalt for new roads, we would be looking at saving around 15 million cubic metres of freshwater, enough water for over 50,000 households for one year, and on top of that, we would be saving 125 thousand tonnes of greenhouse gases (GHGs) emissions,” concludes Lambie.

Industry task force

However, there are currently a few barriers restricting the accelerated growth of Recycled Aggregates in Canada. One of the most pressing roadblocks is the lack of trust in performance – related to a few unfortunate events that took place in the past associated with industry players that have supplied projects with substandard material, which have resulted in quality and durability issues. “This is why it is key for us to aim to define a set of regulations or a certification system that provides the minimum quality and consistency requirements to ensure high standard performance. However, Lafarge recognizes the fact that we cannot influence this on our own and there must be consensus among responsible players,” commented Sanguineti. “With that said, we have initiated an industry task force with like minded responsible industry players, looking to standardize acceptance requirements across local governments in Ontario.”

Quick Facts

• Aggregates Strategy 2025 aims at doubling Recycled Aggregates volume in Eastern Canada – a set target to supply customers with over 2 million tonnes per year, the equivalent to a train pulling 16,000 fully loaded rail cars.
• 2021 Eastern Canada Aggregates Product Line presented a 19% volume growth rate; prediction was 15%.
• 2022 Eastern Canada Aggregates Product Line already aims at 25%, a 10% increase compared to this year’s predictions.
• Lafarge has been recently working with subcontractors to Mosaic’s Finch LRT to supply Recycled Aggregates to projects in Mississauga.
• Lafarge has also been supplying multiple contractor partners performing the work for the various projects as part of the City of Toronto Basement Flooding Protection Program. The City primarily uses recycled concrete for trench backfill and bedding as part of the roadwork and their Flood Protection Program upgrades to water and wastewater in infrastructure.
• Lafarge has been partnering with Concordia University, in Quebec, leading a study in cooperation with the City of Montreal to assess Recycled Aggregates performance in different applications.
• In 2019, the Ontario Good Roads Association (OGRA) estimated that more than 6 million tonnes of Recycled Asphalt Pavement (RAP) were being stockpiled at over a hundred facilities across the province.

Associated Links

• https://www.lafarge.ca/en/sustainability
• http://mosaictransit.com/finch.html
• https://www.infrastructureontario.ca/en/
• https://www.toronto.ca/services-payments/water-environment/managing-rain-melted-snow/basement-flooding/basement-flooding-protection-program/
• https://www.concordia.ca/
• https://montreal.ca/en/
• https://circulareconomyleaders.ca/
• https://circularinnovation.ca/
• https://www.wcef2021.com/

About Lafarge Canada Inc.

Lafarge is Canada’s largest provider of sustainable construction materials and a member of the global group, Holcim. With 6,000 employees and 350 sites across Canada, our mission is to provide construction solutions and products that build progress for people and the planet. The cities where Canadians live, work, and raise their families along with communities’ infrastructure benefit from the sustainable portfolio provided by Lafarge, consisting of Aggregates, Asphalt and Paving, Cement, Precast Concrete, Ready-Mix Concrete, and Road Construction.

Contacts

For media inquiries, please contact Anna Salomao, Communications Manager, at anna.salomao@lafargeholcim.com

 

LTTS to set up Engineering R&D Centre encompassing structural design, power electronics, flight control systems, manufacturing engineering

BENGALURU, India & MONTREAL & DALLAS–(BUSINESS WIRE)–#Aerospace–L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure-play engineering services company, has garnered a multi-year $100 million+ electric air mobility deal from Jaunt Air Mobility (Jaunt). As part of the contract, LTTS will open an Engineering and R&D Centre in Québec Province for the next-gen electric aircraft manufacturer to provide engineering services for the Jaunt Journey eVTOL (electric Vertical Takeoff and Landing) air taxi.

Under the purview of Jaunt’s Urban Air Mobility (UAM) business focus, LTTS will offer global engineering services to support and build the Jaunt Journey. Collectively these will encompass technology areas such as power distribution system, air data management, cockpit display system, flight control system, battery management, electrification, power electronics, structural design, stress analysis, testing, certification, and manufacturing engineering.

Jaunt is rolling out a new generation of sustainable aircraft to meet the growing demand for faster urban and regional travel. The Jaunt Journey takes off like a helicopter and transitions to flying like a fixed-wing plane using patented Slowed-Rotor Compound technology. These new air taxis will make it possible to travel more than 110 km in the air in 25 minutes or less, with trip costs affordable to the public. The Jaunt Journey, single-pilot aircraft, will carry four passengers. The vehicle will offer urban air mobility, cargo delivery, military missions, and medical transport.

Martin Peryea, CEO & CTO, Jaunt, said, “At Jaunt, our vision is to usher in a range of new-age aircraft-driven urban commuting that is fast, safe, and convenient. This new clean, sustainable aircraft will reduce carbon emissions worldwide. Strategically, we are continuing to grow our Tier 1 partnerships and recognize LTTS as a best-fit engineering partner, and together we are confident of pushing the mass-scale commercialization.”

Eric Côté, President, Jaunt Air Mobility Canada, said, “The proposed Green Aerospace strategy created by federal and provincial governments makes it a perfect match for LTTS and Jaunt to offer end-to-end engineering support in structural design analysis and certification to develop the Jaunt Journey all-electric VTOL aircraft. LTTS has a history of working in Canada and can appreciate the potential behind this favorable environment.”

Amit Chadha, Chief Executive Officer & Managing Director, L&T Technology Services, commented, “This deal is a milestone for team LTTS in view of the tremendous opportunities opening up in UAM and drone services which are emerging as alternatives to the increasingly congested on-ground mobility in cities. LTTS has a track record of developing high-performance engineering solutions for global Aerospace and Defense for over a decade and has supported critical defense programs in the past. We believe this program will set the benchmark for future UAM projects and our team is excited to build on this important engagement with Jaunt, with the eventual aim to make urban commuting safer, greener, efficient and reliable.”

About L&T Technology Services Ltd

L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 57 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 20,800 employees spread across 17 global design centers, 28 global sales offices and 89 innovation labs as of March 31, 2022. For more information, please visit https://www.ltts.com

About Jaunt Air Mobility LLC

Jaunt Air Mobility LLC is a transformative aerospace company headquartered in Dallas, Texas, in the US, with design and manufacturing in Montreal, Canada. Jaunt is building the best in the next generation of eVTOL (electric Vertical Takeoff and Landing) and hybrid-electric VTOL aircraft for faster travel over urban areas, moving people and packages. Jaunt is the global leader in Slowed-Rotor Compound (SRC) technology. The Jaunt Journey is the world’s first aircraft combining helicopter and airplane flight capabilities. Together with Tier 1 aviation partners to develop the Journey, Jaunt intends to work with operators globally to provide this new form of travel. Jaunt offers the safest, quietest, most comfortable, and operationally efficient aircraft with a zero-carbon footprint. For more information, visit www.jauntairmobility.com.

On March 10, 2022, Jaunt became a wholly owned subsidiary of AIRO Group Holdings, Inc. (The AIRO Group). The AIRO Group will bring together decades of industry-leading technology with its group companies to provide best-in-class products and services uniquely capable of addressing a wide spectrum of aerospace markets. The AIRO Group leverages technologies that span data systems, resupply package delivery, military aerospace training, military, and commercial manned/unmanned aircraft systems, and avionics technologies. The company can be found at https://theairogroup.com/

Contacts

Aniruddha Basu

L&T Technology Services Limited

E: Aniruddha.Basu@LTTS.com
T: +91-80-67675707

Sayanti Chakraborty

L&T Technology Services Limited

E: Sayanti.Chakraborty@LTTS.com
T: +91-80-67675168

Nancy McGrory Richardson

Jaunt Air Mobility LLC

E: nmrichardson@jauntairmobility.com
M: +1-610-952-2595

Valerie Gonzalo

Jaunt Canada

E: gonzalo@videotron.ca
M: +1-514-923-1549

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office” or the “Trust”) today announced its April 2022 monthly distribution of 8.333 cents per REIT Unit, Series A ($1.00 annualized). The April distribution will be payable on May 13, 2022 to unitholders of record as at April 29, 2022.

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with approximately 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.

Contacts

Michael J. Cooper

Chairman and Chief Executive Officer

(416) 365-5145

mcooper@dream.ca

Jay Jiang

Chief Financial Officer

(416) 365-6638

jjiang@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream MPCT” or the “Trust”) today announced its April 2022 monthly distribution in the amount of 3.333 cents per Unit (40 cents annualized). The April distribution will be payable on May 13, 2022 to unitholders of record as at April 29, 2022.

About Dream Impact Trust

Dream Impact Trust is an open-ended trust dedicated to impact investing. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of Dream Impact are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities; while generating attractive returns for investors. For more information, please visit: www.dreamimpacttrust.ca.

Contacts

DREAM IMPACT TRUST

Meaghan Peloso

Chief Financial Officer

(416) 365-6322

mpeloso@dream.ca

Kimberly Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the “Trust”) announced today its April 2022 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The April distribution will be payable on May 13, 2022 to unitholders of record as at April 29, 2022.

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at December 31, 2021, Dream Industrial REIT owns, manages and operates a portfolio of 239 industrial assets (351 buildings) comprising approximately 43 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to continue to grow and upgrade the quality of its portfolio which primarily consists of distribution and urban logistics properties and to provide attractive overall returns to its unitholders. For more information, please visit our website at www.dreamindustrialreit.ca.

Contacts

DREAM INDUSTRIAL REIT

Brian Pauls

Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Lenis Quan

Chief Financial Officer

(416) 365-2353

lquan@dream.ca

Alexander Sannikov

Chief Operating Officer

(416) 365-4106

asannikov@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (DIR.UN – TSX) will be releasing its financial results for the quarter ended March 31, 2022, on Tuesday, May 3, 2022.

Senior management will be hosting a conference call to discuss the financial results.

Conference call:
Date:		Wednesday, May 4, 2022 at 11:00 a.m. (ET)
Dial:		For Canada please dial: 1-866-455-3403
		For International please dial: 647-484-8332
Passcode:		29629219#

A taped replay of the call will be available for ninety (90) days. For access details, please go to Dream Industrial REIT’s website at www.dreamindustrialreit.ca and click on Calendar of Events in the News and Events section.

Webcast:

To access the conference call via webcast, please go to Dream Industrial REIT’s website at www.dreamindustrialreit.ca and click on Calendar of Events in the News and Events section. The webcast will be archived for 90 days.

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at December 31, 2021, Dream Industrial REIT owns, manages and operates a portfolio of 239 industrial assets (351 buildings) comprising approximately 43 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to continue to grow and upgrade the quality of its portfolio which primarily consists of distribution and urban logistics properties and to provide attractive overall returns to its unitholders. For more information, please visit our website at www.dreamindustrialreit.ca.

Contacts

DREAM INDUSTRIAL REIT

Brian Pauls

Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Lenis Quan

Chief Financial Officer

(416) 365-2353

lquan@dream.ca

Alexander Sannikov

Chief Operating Officer

(416) 365-4106

asannikov@dream.ca

A milestone achievement, the Discovery Centre serves as an architectural landmark for the local community and future homeowners to discover and engage with Lakeview Village

MISSISSAUGA, Ontario–(BUSINESS WIRE)–Lakeview Community Partners Limited (LCPL), the developers behind Lakeview Village, a vibrant mixed-use waterfront community being built on a 177-acre brownfield site along Mississauga’s waterfront, celebrated the launch of the Discovery Centre on April 7, 2022, with its doors officially opening to the public on April 18, 2022. The first completed building on the Lakeview Village site, the Discovery Centre is a local architectural landmark that will be used as a community destination, sales centre and hub for local artists, events and exhibitions.

Designed by Q4 Architects with interior by II BY IV Design, the Discovery Centre’s modern, open and contemporary feel beautifully captures the intersection of meaningful community connection and sustainable development, reflecting the guiding principles behind Lakeview Village.

“We are incredibly excited to officially open the doors to the Discovery Centre and welcome visitors to come and experience the scale of the Lakeview Village project and the vision behind its master plan,” said Fabio Mazzocco, President of Argo Development Corporation and Lakeview Community Partners. “Throughout the Discovery Centre, we have thoughtfully incorporated the defining elements that characterize Lakeview Village – sustainability, modern architecture, the arts, culture and open gathering space – all driven by the powerful influence of re-establishing a connection to the waterfront.”

A PLACE OF CONNECTION AND DISCOVERY

The Discovery Centre, which has been meaningfully built with the community in mind, will serve as an immersive and interactive central gathering place for visitors to discover all aspects behind the Lakeview Village project, from design, public art and construction to technology and sustainability. Each of these characteristics have been thoughtfully incorporated through forward-thinking design elements which emphasize a connection to nature and the site’s natural heritage.

A place of connection and discovery, the Discovery Centre is also a gateway to the larger Lakeview Village site – a network of walkable trails and cycling routes, a new recreational field, a seasonal art trail featuring commissioned works by local artists and stunning waterfront views.

THE BUILDING

The first floor is dedicated to builder exhibitions, creating a digitally immersive sales experience that unites the Phase 1 Builders, Branthaven, Caivan, Greenpark Group, DECO, Opus Homes, and Tridel to showcase prospective homeowners a diverse range of offerings, complete with floral installations, a wrap-around living green wall and anchored by a large, scaled model of Lakeview Village, one of Canada’s largest, most interactive and dynamic model developments.

On the second floor, visitors can take in scenic views of the waterfront, the green roof, living green walls and digital murals via the large screens in the lobby. An outdoor courtyard serves as additional space for community gatherings, musical events and art exhibitions hosted by Lakeview Village’s resident artists.

INNOVATION: FROM AN INDUSTRIAL PAST TO A SUSTAINABLE FUTURE

Sustainability, innovation and environmental stewardship are at the core of Lakeview Village. Designed with these principles in mind, the Discovery Centre brings nature indoors through a number of features to encourage authentic, meaningful connections to the environment and future Lakeview Village community:

• Green Roof: A thriving ecosystem of over 1500 native plants from 30 different species, the roof is made of 100% recycled materials and provides a refuge and habitat for birds, bees, and butterflies while enhancing biodiversity, stormwater management, and acting as a seed orchard for future green roof projects.
• Living Wall: A wrap-around green wall featuring a diverse ecosystem with over 20 different plant species augments the building’s interior, drawing on the tenets of biophilic design while improving air quality increasing humidity, to provide a more comfortable indoor environment.
• 4 Sisters: Reflecting the site’s transformation, the centre reimagines the land’s former occupant, a coal-burning powerplant known as the ‘Four Sisters Smokestacks,” as four large windows, drawing light into the space during the day and framing the building at night.
• Sage Glass: Advanced glass technology used to optimize daylight, manage heat and reduce energy consumption while maintaining panoramic views of the surrounding area, the glass, doors and railings have also been glazed with bird-friendly film to mitigate day and nighttime collisions while making the building less dangerous to migratory birds.

A HOME FOR ARTS AND CULTURE

As part of LCPL’s vision and commitment to transforming Mississauga’s waterfront, the developers launched a partnership with Artscape Atelier in 2020 and have commissioned a variety of public art to animate the site throughout the construction phase while creating opportunities for artists to meaningfully participate in community-building.

In addition to existing artwork across the development site, the Discovery Centre features an array of new, interactive work by local contemporary artists:

• “Composition for Wind” is a 25-foot, kinetic cloud sculpture created by Brad Hindson and Michael Simon of Studio F Minus that explores the multifaceted relationship between humans and the natural world, integrating themes of connection, collaboration, and transformation.
• “A Walk in Nature” is an interior, aerial floral installation by Natalie Schiabel, inspired by the complex ecosystems and native flora and mosses in Mississauga.
• A digital, rotating exhibit in the lobby features a collection of artworks by four artists:
  • “Le Jardin de Tous” Everyone’s Garden, Jacqueline Mak
  • “Niña’s Lake Forest” by Soon Cho
  • “Here and Now” by Meaghan Ogilvie
  • “Our Neighbour – the waters of Lake Ontario” by Erin FitzGibbon

“The completion of the Discovery Centre marks the culmination of years of incredible, collaborative work and visionary planning, and reveals what’s in store for Lakeview Village,” said Brian Sutherland, Vice-President of Development, Argo Development Corporation and development lead for Lakeview Village. “Together, we are bringing Canada’s most transformative waterfront community to the shores of Lake Ontario, and we are honoured to invite you all to come and experience it.”

To learn more about the Discovery Centre, visit: https://mylakeviewvillage.com/discovery-centre

To learn more about Lakeview Village and how it is redefining the development of smart cities in Canada, visit the website: www.mylakeviewvillage.com

About Lakeview Community Partners Limited

Lakeview Community Partners Limited is a partnership of community builders that includes TACC Construction Limited, Greenpark Group, CCI Development Group, Branthaven and Argo Development Corporation. The partnership represents an unprecedented collaboration dedicated to transforming Mississauga’s waterfront through the development of Lakeview Village, a sustainable mixed-use community and all-season destination on the former site of the Lakeview Generating Station, a decommissioned coal-fired power plant. This transformative 177-acre revitalization project will revolutionize the way people live, visit and experience the waterfront through its thoughtful design and curated collection of housing, retail, office and recreational programming. For more information, visit www.mylakeviewvillage.com.

Contacts

Media Inquiries:
Kaiser & Partners, on behalf of Lakeview Community Partners Limited

Lauren Bech-Hansen

416-278-5685

lauren.bechhansen@kaiserpartners.com

Tech-enabled hospitality provider to phase out single-use plastic amenities by EOY 2022

SAN FRANCISCO–(BUSINESS WIRE)–Sonder Holdings Inc. (Nasdaq: SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, is eliminating single-use plastic amenities in all of its guest-facing units no later than Dec. 31, 2022.

Sonder expects this commitment will eliminate approximately 1.6 million single-use plastic amenity items (~6,700 kg) annually in its North American operations alone by making supply chain changes, sourcing exclusively from suppliers with sustainable packaging. Guest amenity items that will be eliminated or shifted to more sustainable or reusable sources include bottled water, disposable cups, toiletry bottles, packaged coffee, packaged foods/drinks/condiments, straws, and stirrers.

“We’re implementing this responsible business practice early to proactively keep our environmental impact low. Removing single-use plastic amenities in all guest units across our global portfolio aligns with our mission to revolutionize hospitality and deliver what the modern traveler demands. It also makes good business sense, driving long-term efficiencies and savings for our operations,” said Francis Davidson, Co-Founder and Chief Executive Officer of Sonder. “We’ve carefully selected amenities that provide the same quality to our guests with less waste.”

Sonder is rolling out luxurious toiletries by Davines, a certified B Corp luxury beauty brand in Parma, Italy that strives to place social and environmental sustainability at the core of its ethos. Shower gel, shampoo, and conditioner will be provided in wall-mounted, refillable dispensers, while soap bars and body lotion will be provided in paper and aluminum packaging, free from single-use plastic. The amenities are from Davines’ Essential Haircare DEDE range, formulated with red celery extract from a Slow Food Presidium farm in Italy to safeguard biodiversity and are exclusive to Sonder in the hospitality space.

For coffee packets, Sonder worked with its existing gourmet coffee supplier Metropolis Coffee Company to develop home compostable and BPI certified packaging. The new coffee pods are tailored to Sonder’s requirements to eliminate both single-use plastic and metal foil, and where ground coffee is provided, it is in compostable bags. In addition, Metropolis has a commitment to sustainability and community support, with every bag of coffee being traceable back to the farm from which it came.

Sonder’s elimination of single-use plastic amenities in all of its guest-facing units by the end of 2022 is part of its wider sustainability commitments under the company’s People, Place & Planet framework, including commitments to optimize energy consumption.

About Sonder

Sonder (NASDAQ: SOND) is revolutionizing hospitality through innovative, tech-enabled service and inspiring, thoughtfully designed accommodations combined into one seamless experience. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options — from spacious rooms to fully-equipped suites and apartments — found in over 35 markets spanning ten countries and three continents. The Sonder app gives guests full control over their stay. Complete with self-service features, simple check-in and 24/7 on-the-ground support, amenities and services at Sonder are just a tap away, making a world of better stays open to all.

To learn more, visit www.sonder.com or follow Sonder on Facebook, Twitter or Instagram.

Download the Sonder app on Apple or Google Play.

Contacts

Media:

Fiona Story

press@sonder.com

TORONTO–(BUSINESS WIRE)–Chemtrade Logistics Income Fund (TSX: CHE.UN) announced plans to actively pursue the sale of land at its North Vancouver, BC site through a sale-leaseback structure. The portion of the company’s North Vancouver operating facility that Chemtrade is offering for sale includes approximately 40 acres (16 hectares) of industrial zoned and rail served land. The remaining portion of the site is currently leased from the Vancouver Fraser Port Authority. Chemtrade plans to continue to operate its North Vancouver facility following the completion of the proposed sale-leaseback arrangement.

Chemtrade has launched a formal process to evaluate options for this transaction and cannot guarantee that any transaction will take place, nor provide guidance on the interest in or likelihood of any sale. Chemtrade will not issue any further updates until material terms of an agreement are reached or the process is terminated.

Scott Rook, President and CEO said, “We are excited about the financial flexibility that this opportunity could create for Chemtrade. The anticipated proceeds of the transaction could provide significant liquidity for investments in organic growth while also helping to reduce debt.”

RBC Capital Markets Real Estate Group and Colliers International will be assisting in the marketing and sale effort. For additional information about the property sale please contact the representatives below.

About Chemtrade

Chemtrade operates a diversified business providing industrial chemicals and services to customers in North America and around the world. Chemtrade is one of North America’s largest suppliers of sulphuric acid, spent acid processing services, inorganic coagulants for water treatment, sodium chlorate, sodium nitrite, sodium hydrosulphite and phosphorus pentasulphide. Chemtrade is a leading regional supplier of sulphur, chlor-alkali products, liquid sulphur dioxide, and zinc oxide. Additionally, Chemtrade provides industrial services such as processing by-products and waste streams.

Caution Regarding Forward-Looking Statements

Certain statements contained in this news release constitute forward-looking statements within the meaning of certain securities laws, including the Securities Act (Ontario). Forward-looking statements can be generally identified by the use of words such as “anticipate,” “continue,” “estimate,” “expect,” “expected,” “intend,” “may,” “will,” “project,” “plan,” “should,” “believe” and similar expressions. Specifically, forward-looking statements in this news release include statements respecting certain future expectations about: Chemtrade’s ability to sell its North Vancouver, BC property; its intention to lease back the land and to continue to operate its facility; the anticipated proceeds and any financial flexibility, liquidity, debt reduction or investment in organic growth that they may create. Forward-looking statements in this news release describe the expectations of the Fund and its subsidiaries as of the date hereof. These statements are based on assumptions and involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation the risks and uncertainties detailed under the “RISK FACTORS” section of the Fund’s latest Annual Information Form and the “RISKS AND UNCERTAINTIES” section of the Fund’s most recent Management’s Discussion & Analysis.

Although the Fund believes the expectations reflected in these forward-looking statements and the assumptions upon which they are based are reasonable, no assurance can be given that actual results will be consistent with such forward-looking statements, and they should not be unduly relied upon.

Except as required by law, the Fund does not undertake to update or revise any forward-looking statements, whether as a result of new information, future events or for any other reason. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement.

Contacts

For further corporate information:

Rohit Bhardwaj

Chief Financial Officer

Tel: (416) 496-4177

Ryan Paull

Business Development Manager

Tel: (973) 515-1831

For further information on the real estate opportunity:

Stuart Morrison: Stuart.Morrison@colliers.com

Jason Cottle: Jason.Cottle@rbccm.com

 

TORONTO–(BUSINESS WIRE)–Tricon Residential Inc. (“Tricon” or the “Company”) (NYSE: TCN; TSX: TCN), an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, invites you to participate in its live conference call with senior management to discuss the Company’s financial results for the first quarter of 2022. The call will take place on Wednesday, May 11 ^th at 11 a.m. ET.

Tricon’s financial statements and management’s discussion and analysis for the first quarter of 2022 will be released prior to the call and will be made available on the Company’s website, on the Canadian Securities Administrators’ website at www.sedar.com and on the U.S. Securities and Exchange Commission website at www.sec.gov.

To access the call, please dial (888) 550-5422 or (646) 960-0676 (Conference ID #3699415). The conference call will be available via webcast on the Tricon Residential Investor Relations website at www.triconresidential.com. A replay of the call will be available from 2pm ET on May 11^th, 2022, until midnight ET, on June 11^th, 2022. To access the replay, call (800) 770- 2030 or (647) 362- 9199, followed by Conference ID #3699415.

About Tricon Residential Inc.

Tricon Residential is an owner and operator of a growing portfolio of approximately 37,000 single-family rental homes and multi-family rental apartments in the United States and Canada with a primary focus on the U.S. Sun Belt. Our commitment to enriching the lives of our residents and local communities underpins Tricon’s culture and business philosophy. We strive to continuously improve the resident experience through our technology-enabled operating platform and innovative approach to rental housing. At Tricon Residential, we imagine a world where housing unlocks life’s potential. For more information, visit www.triconresidential.com.

Contacts

Investors:
Wissam Francis

EVP & Chief Financial Officer

Tel: 416-323-2484

Email: wfrancis@triconresidential.com

Wojtek Nowak

Managing Director, Capital Markets

Tel: 416-925-2409

Email: wnowak@triconresidential.com

TORONTO–(BUSINESS WIRE)–Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declared a distribution for the month of April 2022 of U.S.$0.072 per class U unit of the REIT (“Class U Units”), or U.S.$0.864 on an annualized basis.

Holders of Class U Units may elect to receive their distribution in Canadian dollars and should contact their broker to make such an election.

Holders of class A units of the REIT (“Class A Units”) will receive a distribution equal to the Canadian dollar equivalent (based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution) of U.S.$0.072 per Class A Unit, unless the unitholder has elected to receive distributions in U.S. dollars. Holders of class I units of the REIT (“Class I Units”) will receive a distribution of U.S.$0.072 per Class I Unit, unless the unitholder has elected to receive distributions in Canadian dollars. Holders of units of subsidiaries of the REIT that are exchangeable into Class U Units (“Exchangeable Units”) will receive a distribution of U.S.$0.072 per unit.

If a holder of Class U Units or Class I Units elects to receive distributions in Canadian dollars, the holder will receive the Canadian dollar equivalent amount of the distribution being paid on the Class U Units or Class I Units, as applicable, based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution.

Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on May 16, 2022 to unitholders of record as of the close of business on April 29, 2022.

About Slate Grocery REIT (TSX: SGR.U / SGR.UN)

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.9 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Visit slategroceryreit.com to learn more about the REIT.

About Slate Asset Management

Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.

Forward-Looking Statements

Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.

Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.

SGR-Dist

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com