TORONTO–(BUSINESS WIRE)–Workers and students from across the University of Toronto campuses will come together for a Holiday Solidarity Rally in front of Simcoe Hall at 3:00 p.m. on Monday, December 18.

The historic rally will see members of the university’s academic union, CUPE 3902, its maintenance and custodial union, CUPE 3261, and library workers represented by CUPE 1230 and students together.

Together, the three locals of the Canadian Union of Public Employees will voice their wish for respect, dignity and a living wage for University of Toronto workers.

Collectively, the three locals represent some 8,000 workers who are in negotiations with the University. They include caretakers, food service workers, library staff, student casuals, postdocs, teaching assistants, contract and sessional instructors, and many others.

All three CUPE locals have filed for conciliation.

Highlights include a performance by the CUPE 3902 Labour Choir, and workers and students delivering their holiday wishes to the University’s Governing Council.

WHO: CUPE locals 3902, 3261 and 1230

WHAT: Holiday Solidarity Rally

WHEN: 3-4:30 p.m., Monday, December 18

WHERE: Simcoe Hall, King’s College Circle, University of Toronto.

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Contacts

Craig Saunders, CUPE Communications, 416-576-7316

IRVINE, Calif.–(BUSINESS WIRE)–Dahua Technology, a global leader in innovative security solutions, has announced the launch of its state-of-the-art video access controller. This cutting-edge device aims to redefine residential access control systems by incorporating advanced security technology and intuitive user-friendly features, ensuring a new level of security for residential environments.

Installation contractors can leverage this advanced security product – the DHI-ASI8213SA-W video controller – to provide immense value to their clients, including small and medium-sized business owners, factories, casinos, and warehouses.

Setting itself apart from existing products in the market, the DHI-ASI8213SA-W excels through its seamless integration into the DSS Pro platform while still functioning as a standalone product. This unique capability not only ensures a smooth transition for users but also eliminates the need for additional software purchases, resulting in significant cost savings for clients.

The DHI-ASI8213SA-W video access controller, equipped with the cutting-edge Android 11 operating system, offers a seamless integration platform for third-party applications, delivering an all-encompassing and adaptable security solution. This advanced device supports various identification methods, including face detection+, card reading, password entry, and QR code access.

“Our DHI-ASI8213SA-W redefines residential security by combining seamless entry with the convenience of multiple unlock methods, including face detection+, card reading, password, and the highly demanded QR code access, accommodating residents’ fast-paced lifestyles,” said Kevin Sok, Product Marketing Manager at Dahua Technology.

If residents find themselves in a situation where they are in a hurry and accidentally locked themselves outside, there is no need to worry. Our system offers a convenient solution for individuals to swiftly reach out to their Homeowners’ Association (HOA) and receive prompt assistance. Residents can easily contact the HOA using our device via the Dahua indoor monitor (VTH) or the VMS platform, DSS Pro v8. Following the call, the HOA can generate a temporary QR code for access.

Moreover, the device’s noteworthy feature of displaying rotating advertisements presents an excellent opportunity to effectively communicate HOA regulations and community updates to all residents. This ensures that important information reaches every corner of the community, enhancing awareness and cooperation among residents in adhering to HOA guidelines.

Key Features and Benefits:

Intuitive User Interaction: Featuring an 8-inch LCD display with a high-definition resolution of 800 x 1280, the DHI-ASI8213SA-W provides clear and intuitive user interactions, keeping residents informed and in control.

Crystal-Clear Video Quality: Equipped with a 2MP dual-lens CMOS camera and True Wide Dynamic Range (WDR) of 120 dB, this device delivers unparalleled video clarity in various lighting conditions, ensuring accurate identification.

Ample Storage Capacity: With storage capacity for up to 100,000 users, 100,000 faces, 500,000 cards, 50 administrators, and a log of 300,000 records, the DHI-ASI8213SA-W caters to large user bases and ensures efficient management.

Multiple Unlocking Methods: The video access controller offers multiple unlocking methods, including facial detection+ within a distance ranging from 0.98 ft to 9.84 ft, ensuring efficient and reliable entry for residents.

Face Detection+ Technology: With a remarkable 99.9% accuracy rate and an average comparison time of just 0.2 seconds, the DHI-ASI8213SA-W’s Face Detection+ technology combines accuracy and speed for seamless access control.

The product operates on a 12V DC, 2A power supply and offers flexible user management. Users can be enrolled directly at the device through face detection setup or by using the DSS Pro system, ensuring efficiency and convenience.

The product will be available through Dahua’s local distributors starting in November. The manufacturer’s suggested retail price (MSRP) for this video access controller is $1399.99 USD and $1931.99 CAD.

About Dahua Technology USA

Dahua Technology USA Inc. is a subsidiary of Dahua Technology, which is estimated to be the second largest supplier of video security equipment in the world according to the Omdia 2020 Market Share Database. Dahua Technology USA brings high-value, total security solutions to the North American market by focusing on integrity and personal relationships to enhance the customer experience. Dahua Technology’s security solutions, from award-winning cameras to video management software, deliver unparalleled quality, reliability, and stability, providing sales and support throughout the U.S. and Canada.

Contacts

Marketing.usa@dahuatech.com

TORONTO–(BUSINESS WIRE)–The Board of Trustees (the “Board”) of RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has made refinements to further align executive compensation with unitholder experience. Subsequent to the non-binding advisory say-on-pay resolution receiving 75.97% support at the Trust’s 2023 annual and special meeting of unitholders, the Board and its People, Culture and Compensation Committee (the “Committee”) undertook a thorough review of the Trust’s executive compensation program and conducted an extensive unitholder outreach initiative.

“The Board and Committee sought unitholder feedback on RioCan’s executive compensation program. Through our unitholder outreach initiative, we engaged in meaningful discussions and have taken important steps to address our unitholders’ feedback. These changes will be effective January 1, 2024,” said Jane Marshall, Chair of the Committee. “We would like to extend our sincerest gratitude to the unitholders who took the time to meet with us. We remain committed to ensuring that our executive compensation program continues to link pay with performance and create long-term unitholder value by attracting and retaining talented executives.”

Between July and November, members of the Committee and the Board met with and solicited feedback from RioCan’s largest unitholders. The Committee reached out to the majority of the Trust’s 40 largest unitholders, representing approximately 39% of RioCan’s outstanding units. To date, the Committee has held 16 meetings with unitholders, representing approximately 23.53% of RioCan’s outstanding units. The Board and Committee intend to continue their leading unitholder outreach program. Since its establishment in 2020, Board members have held 71 meetings with unitholders. The outreach program is a critical element of RioCan’s overall investor relations program and demonstrates RioCan’s ongoing commitment to facilitating meaningful communication with its unitholders and its willingness to respond to the feedback of its Unitholders on governance and compensation related issues.

As a result of the outreach program, the Board and Management have committed to refining the Trust’s compensation program, beginning in 2024. Below is a summary of the changes:

• Double trigger Senior Executive REU Plan: RioCan’s Senior Executive REU Plan (the “REU Plan”) will be amended to require a ‘double trigger’ before permitting REUs to vest upon a change of control. This change means that executive REUs will now require both a termination of the executive’s employment and a change of control to trigger vesting which aligns RioCan with equity plan best-practices.
• Cliff vesting for REUs: The REU Plan will be amended such that REUs will vest 100% following a three-year performance cycle. This change puts further emphasis on the creation of long-term unitholder value.
• Modified peer group: The Committee worked with its independent compensation consultant to redevelop RioCan’s peer group for both compensation and performance measurement to replace peers in the utility sector with more business-relevant peers. RioCan will provide enhanced proxy disclosure of the rationale for the selection of the companies in its peer group.
• Increased focus on ESG: Further focus will continue to be put on establishing short- and long-term compensation metrics that are directly linked to achieving the Trust’s environmental objectives, as well as certain key social and governance objectives that the Board determines to be important.
• Enhanced disclosure: RioCan commits to providing enhanced disclosure in its management information circular, including with respect to the different applications of funds from operations in RioCan’s Executive Management Bonus Plan and long-term incentive program and to the individual objectives within each executive’s scorecard.

Additional details will be provided in RioCan’s Management Information Circular prior to the 2024 annual meeting of unitholders. RioCan remains committed to year-round and meaningful engagement with unitholders. The Committee will continue to assess the Trust’s executive compensation program to align with business goals and unitholder interests.

About RioCan

RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at September 30, 2023, our portfolio is comprised of 192 properties with an aggregate net leasable area of approximately 33.6 million square feet (at RioCan’s interest) including office, residential rental and 10 development properties. To learn more about us, please visit www.riocan.com.

Contacts

RioCan
Kim Lee

Vice President, Investor Relations

(416) 646-8326