International District Energy Association recognizes Vicinity’s growth in servicing buildings in Boston, Cambridge, and Baltimore

TORONTO–(BUSINESS WIRE)–#BOSpoli—Vicinity Energy has been recognized by the International District Energy Association (IDEA) for the growth of its services in Baltimore, Boston, and Cambridge.

The annual award highlights industry growth, recognizing the district energy systems with the largest total number of buildings and building area in square feet committed or recommitted to district energy service by IDEA member systems. In the “Number of Buildings Committed” category, Vicinity’s Boston-Cambridge system received the Gold award, and its Baltimore system received the Bronze award. The company was also recognized for “Total Building Area Committed,” with its Boston and Cambridge system and Baltimore system winning the Silver and Bronze awards, respectively.

With a commitment to achieve net zero carbon emissions by 2050, Vicinity is actively working towards electrifying its district energy systems in Boston and Cambridge, with its other districts to follow.

The company’s multi-pronged decarbonization and electrification plan includes the installation of innovative technologies such as electric boilers, industrial-scale heat pumps, and thermal batteries. As a key part of this strategy, Vicinity Energy announced the launch of eSteam™, the first-ever carbon-free energy product powered by renewable energy.

“We are honored to be recognized by the IDEA community and value the trust that our long-term and new customers have in our teams. We are excited about the opportunity to continue district energy’s long history of innovation to propel our cities towards a clean energy future,” said Brian Mueller, chief development officer for Vicinity Energy. “We are especially thrilled that the decarbonization efforts we are making at our central facility in Cambridge, Mass. will immediately affect all the buildings we serve in lowering carbon emissions in our neighborhoods and cities.”

To read more about Vicinity’s district energy systems and its commitment to innovation and the environment, click here.

About Vicinity Energy

Vicinity Energy is a clean energy company that owns and operates the nation’s most extensive portfolio of district energy systems. Vicinity produces and distributes reliable, clean steam, hot water, and chilled water to over 230 million square feet of building space nationwide. Vicinity is committed to achieving net zero carbon across its portfolio by 2050. Vicinity continuously invests in its infrastructure and the latest technologies to accelerate the transition and rapidly decarbonize commercial and institutional buildings in city centers. For more information about Vicinity’s Clean Energy Future commitment, visit www.vicinityenergy.us.

Contacts

Media
Sara DeMille

Senior Director of Marketing and Communications

857 557 7838

media@vicinityenergy.us

TORONTO–(BUSINESS WIRE)–Real Matters Inc. (“Real Matters” or the “Company”) (TSX: REAL) today announced that it has received approval from the Toronto Stock Exchange (“TSX”) to renew its Normal Course Issuer Bid for a 12-month period commencing June 13, 2022 and ending June 12, 2023 (the “NCIB”). Under the NCIB, the Company may purchase for cancellation up to 6 million common shares in its capital (being approximately 8.5% of the 70,176,108 common shares in the public float as at May 31, 2021) for an aggregate purchase price not to exceed C$40 million.

The Company believes that, at times, the prevailing share price for its common shares does not reflect its underlying value such that the purchase of common shares for cancellation represents an attractive opportunity to return value to the Company’s common shareholders.

As at May 31, 2022, the Company had 75,331,445 common shares issued and outstanding. Subject to certain prescribed exceptions, daily purchases under the NCIB will be limited to a maximum of 99,319 common shares, which is 25% of the average daily trading volume of the Company’s common shares for the six months ended May 31, 2022 (being 397,279 common shares).

Real Matters previously approved NCIB (the “Current NCIB”) commenced on June 11, 2021 and will expire on June 10, 2022, or such earlier date as the Company has acquired 7,648,999 common shares or spent C$70 million. Since commencement of the Current NCIB, Real Matters has purchased for cancellation 7,167,856 common shares through the facilities of the TSX and alternative Canadian trading systems at a weighted average price of C$8.98. Since the inception of the Company’s first NCIB on June 11, 2018, the Company has acquired a total of 19,196,965 common shares at a weighted average price of C$10.68.

Purchases under the NCIB will continue to be made through the facilities of the TSX and alternative Canadian trading systems at the prevailing market price at the time of acquisition. The actual number of common shares purchased by the Company under the NCIB and the timing of such purchases will be determined by the Company. All common shares purchased by the Company will be cancelled.

The Company has entered into an automatic share purchase plan (the “Plan”) with National Bank Financial Inc. to allow for the purchase of common shares under the NCIB at times when the Company would not ordinarily be active in the market due to its own internal trading blackout periods, insider trading rules or otherwise. Any purchases made under the Plan will be based on a pre-arranged set of criteria determined by the Company.

FORWARD-LOOKING INFORMATION

This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws, including statements relating to the Company’s belief regarding the intrinsic value of its common shares. Words such as “could”, “forecast”, “target”, “may”, “will”, “would”, “expect”, “anticipate”, “estimate”, “intend”, “plan”, “seek”, “believe”, “likely” and “predict” and variations of such words and similar expressions are intended to identify such forward-looking information, although not all forward-looking information contains these identifying words.

The forward-looking information in this press release includes statements which reflect the current expectations of management based on information currently available to management. Although the Company believes that these expectations are reasonable, these statements by their nature involve risks and uncertainties and should not be read as a guarantee of the occurrence or timing of any future events, performance or results. A comprehensive discussion of the factors which could cause results or events to differ from current expectations can be found in the “Risk Factors” section of our Annual Information Form for the year ended September 30, 2021, which is available on SEDAR at www.sedar.com.

Readers are cautioned not to place undue reliance on the forward-looking information, which reflect our expectations only as of the date of this press release. Except as required by law, we do not undertake to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

About Real Matters

Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest insurance companies in North America. We are a leading independent provider of residential real estate appraisals to the mortgage market and a leading independent provider of title and mortgage closing services in the U.S. Headquartered in Markham (ON), Real Matters has principal offices in Buffalo (NY) and Middletown (RI). Real Matters is listed on the Toronto Stock Exchange under the symbol REAL. For more information, visit www.realmatters.com.

Contacts

For more information:
Lyne Beauregard

Vice President, Investor Relations and Corporate Communications

Real Matters

lbeauregard@realmatters.com
416.994.5930

– From overconfidence bias to the effects of the real estate market, new data from Billdr reveals Toronto homeowners’ renovation realities, including sentiments. –

TORONTO–(BUSINESS WIRE)–Today, Billdr, a home renovation digital platform that supports homeowners with their renovation journey from start to finish, released new data revealing how Toronto homeowners are tackling renovations. Billdr commissioned Potloc to survey Toronto homeowners (93 per cent) and soon-to-be homeowners (7 per cent). The survey found that two out of five respondents (39 per cent) have renovated rather than moved because prices on the real estate market were too high, and one out of five homeowners are drawing on their home equity as a primary source of renovation financing (22 per cent), an increasing trend seen across Canada.

“These insights are not surprising. We’re seeing more homeowners choosing to stay put, invest in their homes, and avoid moving when the market is unstable,” said Bertrand Nembot, CEO of Billdr. “Affordability is a major concern for Canadians right now, whether it’s the recent inflation battles, continued supply chain issues, or the ongoing rise of lending rates. Finding a new home that suits all your needs is becoming increasingly difficult in today’s real estate market, and renovating is one way to avoid that struggle.”

Gathered in April 2022, the study received responses from 300 individuals in the Toronto area. The data focuses on Torontonians’ reasons for renovating their home, preference for renovating over moving, their level of confidence in navigating the renovation process, how stressful they find the renovation process, and more.

The effect of the real estate market on renovations

As the market continues to remain volatile with prices still higher than in years past and limited supply available, Torontonians are carefully considering their options. While four out of ten respondents renovated because prices on the real estate market are too high, 48 per cent amongst 35-54-year-olds, other reasons to choose renovations over moving include:

• Over half (58 per cent) are likely to invest in renovating a fixer-upper to create their dream home.
• One in five (23 per cent) chose to renovate instead of buy because moving is stressful.
• One in ten (11 per cent) renovate because they find there is a lack of supply in the real estate market.

Overconfidence bias and renovations

The renovation process is complicated, tedious, and full of endless options when it comes to contractors, vendors, cosmetic choices, and beyond. However, those who have yet to do a renovation experience an overconfidence bias, with three out of five respondents (64 per cent) feeling very or fairly confident. This confidence increases amongst men while decreasing with groups that have previously completed a renovation:

• Men are more likely to say they are quite confident before completing a renovation than women (50 per cent male vs. 37 per cent female).
• Meanwhile, those who have already completed a renovation project are less confident with one out of seven (13 per cent) saying they are not very confident about undertaking this process.

Beauty is pain: the stressful side of renovations

Home renovations are identified as one of the most stressful life events people can go through, with nearly three-quarters (69 per cent) of respondents expressing that they experienced stress when completing renovations. Renovating is a lengthy process that inevitably can induce stress:

• Three out of five respondents (60 per cent) found it difficult to find a qualified and trusted contractor.
• Over a third of respondents (37 per cent) with previous renovation experience would renovate again but with the right experts. This increases amongst women (42 per cent).
• For those who have completed a renovation, they found managing their project during construction (37 per cent) and finding a general contractor (28 per cent) to be the most stressful aspects of their renovation.
• Over a quarter of respondents (27 per cent) who completed renovations in the last year found the process quite stressful.

“Homeowners need support. There is a steep learning curve when renovating a home, and without doing your due diligence, much can go wrong,” said Raphael Sammut, General Manager at Billdr. “From defining the scope of work and finding a trusted contractor to understanding where your money is going, the renovation process has many moving pieces. We’re here to make the whole process seamless and ensure homeowners don’t have to pay out of pocket to learn things the hard way.”

Billdr pairs homeowners with an in-house project manager to take on the most stressful aspects of a renovation. Alleviating key pain points, the project manager works with homeowners to translate their vision into a detailed scope of work, helps them navigate design and permitting, gathers bids from Billdr’s network of vetted contractors, and provides status updates throughout construction. Billdr is turning renovation nightmares into a homeowner’s dream.

Visit billdr.co to learn more.

About Billdr

Billdr’s mission is to make home renovations simple, transparent, and efficient for everyone. Billdr is an online market network that supports homeowners and general contractors throughout the entire home renovation process. The marketplace platform assigns a dedicated project manager that guides and supports homeowners step by step throughout their home renovation journey. Billdr covers all stages of the renovation process, from the detailed definition of the project, development and review of architectural and engineering plans, cost estimates, selection of a certified general contractor, and project management during construction until the completion of the work. For more information, visit https://billdr.co.

Contacts

Media Contact
Kayla Ciaschi

Talk Shop Media Account Director

Kayla@talkshopmedia.com

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX:D.UN) announced that, at its annual meeting of unitholders held today, all of the nominees for election as trustees of Dream Office REIT (the “REIT”) referred to in its management information circular for the meeting were elected. Votes cast on this matter were as follows:

Nominee	Votes For	% Votes For	Votes Withheld	% Votes Withheld
Amar Bhalla	34,402,547	95.36	1,674,442	4.64
Donald Charter	34,925,234	96.81	1,151,755	3.19
Michael Cooper	34,963,158	96.91	1,113,831	3.09
P. Jane Gavan	34,204,477	94.81	1,872,512	5.19
Dr. Kellie Leitch	35,564,562	98.58	512,427	1.42
Karine MacIndoe	35,805,193	99.25	271,796	0.75
Qi Tang	35,816,800	99.28	260,189	0.72

At the meeting, PricewaterhouseCoopers LLP was appointed auditor of the REIT and the REIT’s subsidiaries, and the trustees of the REIT were authorized to fix the remuneration of the auditor.

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 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 UNLIMITED CORP. (“Dream” or the “Company”) (TSX: DRM) announced that, at its annual meeting of shareholders held today, all of the nominees for election of directors of Dream referred to in its management information circular for the meeting were elected. Votes cast on this matter were as follows:

Nominee			Votes For			% Votes For			Votes Withheld			% Votes Withheld
Michael Cooper			188,783,931			99.75			465,965			0.25
James Eaton			189,157,867			99.95			92,029			0.05
Joanne Ferstman			188,603,816			99.66			646,080			0.34
Richard Gateman			188,752,046			99.74			497,850			0.26
Jane Gavan			188,554,094			99.63			695,802			0.37
Duncan Jackman			180,361,056			95.30			8,888,840			4.70
Jennifer Lee Koss			189,049,924			99.89			199,972			0.11
Vincenza Sera			187,493,676			99.07			1,756,220			0.93

At the meeting, PricewaterhouseCoopers LLP was appointed as the auditor of Dream, and the directors of Dream were authorized to fix the remuneration of the auditor.

Dream is a leading developer of exceptional office and residential assets in Toronto, owns stabilized income generating assets in both Canada and the U.S., and has an established and successful asset management business, inclusive of $16 billion of assets under management across four Toronto Stock Exchange listed trusts, our private asset management business and numerous partnerships. We also develop land and residential assets in Western Canada. Dream expects to generate more recurring income in the future as its urban development properties are completed and held for the long term. Dream has a proven track record for being innovative and for our ability to source, structure and execute on compelling investment opportunities. For more information please visit: www.dream.ca.

Contacts

Dream Unlimited Corp.

Deb Starkman

Chief Financial Officer

(416) 365-4124

dstarkman@dream.ca

Kim Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) announced that, at its annual meeting of unitholders held today, all of the nominees for election as trustees of Dream Impact Trust (the “Trust”) referred to in its management information circular for the meeting (the “Circular”) were elected. Votes cast on this matter were as follows:

Nominee			Votes For			% Votes For			Votes Withheld			% Votes Withheld
Pauline Alimchandani			24,942,969			91.02			2,459,413			8.98
Amar Bhalla			26,410,323			96.38			992,059			3.62
Dr. Catherine Brownstein			27,294,251			99.61			108,131			0.39
Robert Goodall			26,511,065			96.75			891,317			3.25
Karine MacIndoe			27,315,175			99.68			87,207			0.32

At the meeting, PricewaterhouseCoopers LLP was appointed as the auditor of the Trust, Dream Impact Master LP and the Trust’s subsidiaries, and the trustees of the Trust were authorized to fix the remuneration of the auditor.

Dream Impact 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

Meaghan Peloso

Chief Financial Officer

(416) 365-6322

mpeloso@dream.ca

Kim Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris REIT”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0667 per unit for the month of June, 2022, representing $0.80 per unit on an annualized basis. The distribution will be payable on July 15, 2022 to unitholders of record on June 30, 2022.

About Primaris REIT

Primaris REIT is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in dominant enclosed shopping centres in growing markets. The portfolio totals 11.3 million square feet and is valued at approximately $3.3 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris REIT is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.

Contacts

For more information:
Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

TSX: PMZ.UN

www.primarisreit.com  www.sedar.com

The Second Cultivation and Production Facility in Vineland Adds Approximately 270,000 Square Feet of Cultivation and Production Capacity and Will Triple Available Canopy in Phase One

Recent Approvals Also Allow for Use of Post-Harvest Automation Equipment to More Efficiently Meet the Growing Adult Use and Medical Demand

NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and providers of cannabis products in the U.S., announced today it has started operations in its new, approximately 270,000-square-foot cultivation and production facility in New Jersey, begun using post-harvest automation equipment, and expanded its adult use shopping hours at both of its Cannabist locations in Deptford and Vineland to the maximum number of hours allotted by the New Jersey Cannabis Regulatory Commission (CRC).

The Company received approval from the New Jersey CRC to commence operations at its second cultivation and production facility on May 25, 2022, along with the approval to begin using post-harvest automation equipment. The introduction of this equipment will reduce the “harvest to shelf” time for products, making it easier to meet the rapidly-growing patient and customer demand.

“After ten years of navigating the ever-evolving cannabis industry in various markets, we have so many lessons learned and have been able to bring those to bear in how we approach New Jersey, knowing how it will serve as a model for those east coast states transitioning to adult use in the near term. We are proud of how we managed to scale alongside the demand in the last month and are thrilled to be able to serve more patients, customers, and wholesale partners with our newest cultivation facility and equipment,” said Nicholas Vita, CEO, Columbia Care. “As always, we owe a debt of gratitude to the CRC as well as local officials and our communities for their support in our efforts to make New Jersey one of the strongest cannabis markets in the world and a beacon for the industry.”

Both Cannabist locations began adult use sales on April 21 as one of the first seven operators to receive initial approval in the state and have continued to expand their hours. Each dispensary will continue to have medical-only hours, along with medical-only parking spots, pick-up lines and dedicated phone lines to ensure that patient access remains unaffected. Adult use customers will now find an even broader range of edibles, flowers, pre-rolls and vapes as more products are approved through the state’s third-party testing requirement. The menus also include an expanding brand selection, including Columbia Care brands Seed & Strain and Triple Seven, with more planned, pending regulatory approval.

In addition to the new 270,000-square-foot cultivation, manufacturing and processing facility, the Company also operates a 50,000-square-foot facility, also located in Vineland. The Company has a third retail location in development in New Jersey, which is expected to open later in 2022.

For more information on Cannabist locations, hours and menu availability in New Jersey, visit gocannabist.com/newjersey. For more information on Columbia Care, visit col-care.com.

About Columbia Care

Columbia Care is one of the largest and most experienced cultivators, manufacturers and providers of cannabis products and related services, with licenses in 18 U.S. jurisdictions and the EU. Columbia Care operates 131 facilities including 99 dispensaries and 32 cultivation and manufacturing facilities, including those under development. Columbia Care is one of the original multi-state providers of medical cannabis in the U.S. and now delivers industry-leading products and services to both the medical and adult-use markets. In 2021, the company launched Cannabist, its new retail brand, creating a national dispensary network that leverages proprietary technology platforms. The company offers products spanning flower, edibles, oils and tablets, and manufactures popular brands including Seed & Strain, Triple Seven, gLeaf, Classix, Press, Amber and Platinum Label CBD. For more information on Columbia Care, please visit www.col-care.com.

Caution Concerning Forward-Looking Statements

This press release contains certain statements that constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws and reflect the Company’s current expectations regarding future events. Forward-looking statements or information contained in this release include, but are not limited to, statements or information with respect to the Company’s ability to execute on retail, wholesale, brand and product initiatives in New Jersey. These forward-looking statements or information, which although considered reasonable by the Company, may prove to be incorrect and are subject to known and unknown risks and uncertainties that may cause actual results, performance or achievements of the Company to be materially different from those expressed or implied by any forward-looking information. These risks, uncertainties and other factors include, among others, favorable operating and economic conditions; obtaining and maintaining all required licenses and permits; favorable production levels and sustainable costs from the Company’s operations; and the level of demand for cannabis products, including the Company’s products sold by third parties. In addition, securityholders should review the risk factors discussed under “Risk Factors” in Columbia Care’s Form 10 dated May 9, 2022, filed with the applicable securities regulatory authorities and described from time to time in documents filed by the Company with Canadian and U.S. securities regulatory authorities.

Contacts

Investor Contact
Lee Ann Evans

Capital Markets

ir@col-care.com

Media Contact
Lindsay Wilson

Communications

+1.978.662.2038

media@col-care.com