CALGARY, March 19, 2021 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX: MEQ) announces that Mr. Johnny Lam, the Corporation’s Chief Operating Officer, has advised Mainstreet of his decision to retire from the Company upon reaching the age of 65, being April 20, 2021. Mr. Lam’s retirement has been well planned. In anticipation… [Read More]

CALGARY, AB, March 12, 2021 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX: MEQ) is pleased to announce the results of the annual meeting of shareholders held on March 12, 2021 (the “Meeting”). The meeting had a very strong shareholder turnout with holders of approximately 87% of the issued and outstanding common shares represented… [Read More]

CALGARY, AB, Feb. 12, 2021 /CNW/ – Despite extremely challenging operating conditions in Q1 2021, Mainstreet managed to maintain funds from operations (“FFO”) at the same level as the previous year, while achieving a slight improvement in FFO per share and 5% growth in rental revenue. A 6% drop in same-asset NOI is well below… [Read More]

CALGARY, AB, Dec. 7, 2020 /CNW/ – Despite the global pandemic persisting for much of fiscal 2020, Mainstreet still managed to achieve year-over-year double-digit growth in funds from operations (“FFO”) in 2020, increasing 11% from the previous year. Revenues rose 9% and net operating income (“NOI”) increased 8%. We believe these results demonstrate the extraordinarily… [Read More]

CALGARY, AB, Aug. 11, 2020 /CNW/ – The global pandemic continued to spread economic uncertainty in the third quarter of 2020. For Mainstreet, that meant shifting our priorities from financial performance toward furthering our social responsibility, in order to ensure the health and safety of our team and of our tenants. We viewed this strategy… [Read More]

CALGARY, AB, June 23, 2020 /CNW/ – As the COVID-19 pandemic stuck near the end of Q2, Mainstreet shifted its priorities from financial performance toward social responsibility, in order to ensure the health and safety of our team and of our tenants. We deemed this to be the only correct course of action in the… [Read More]

CALGARY, AB, June 18, 2020 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX: MEQ) announces that, further to its April 16, 2020 news release, Mainstreet has postponed its filing of the Company’s interim financial statements for the three and six months period ended March 31, 2020 (“Q2 Financial Statements”) and associated management’s discussion and… [Read More]

CALGARY, May 28, 2020 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX: MEQ) today announced that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to make a normal course issuer bid to purchase outstanding common shares of the Corporation (“Shares”) on the open market in accordance with the rules of the… [Read More]

CALGARY, April 16, 2020 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX:MEQ) announces that filing of the Company’s interim financial statements for the six month period ended March 31, 2020 (“Q2 Financial Statements”) and associated management’s discussion and analysis (“Q2 MD&A”, and collectively with the Q2 Financial Statements, the “Q2 Filings”) will be… [Read More]

CALGARY, March 12, 2020 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX:MEQ) is pleased to announce the results of the annual meeting of shareholders held on March 12, 2020 (the “Meeting”). The meeting had a very strong shareholder turnout with holders of approximately 90% of the issued and outstanding common shares represented in… [Read More]

CALGARY, Feb. 11, 2020 /CNW/ – Mainstreet’s Q1 2020 results mark the 7th consecutive quarter of year-over-year double-digit growth in all of its key metrics, extending a steady improvement in its operational performance that has continued to deliver non-dilutive value to shareholders. Continued growth in rental revenue, net operating income (“NOI”), and funds from operations… [Read More]

CALGARY, Dec. 9, 2019 /CNW/ – Mainstreet’s 2019 results mark the sixth consecutive quarter of year-over-year double-digit growth in all of our key metrics, solidifying a steady improvement in our operational performance that has continued to deliver non-dilutive value to our shareholders. Bob Dhillon, Founder and Chief Executive Officer of Mainstreet, said, “Our ability to… [Read More]