DOCSLIB.ORG

Riocan Is Canada's Largest Real Estate Investment Trust with a Total Enterprise Value of Approximately $13.9 Billion As at December 31, 2017

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Riocan Is Canada's Largest Real Estate Investment Trust with a Total Enterprise Value of Approximately $13.9 Billion As at December 31, 2017 THE MAJOR MARKETS CANADIAN POPULATION: 36,708,083 POPULATION GROWTH SINCE 2006: 8.1% POPULATION FOR THE 6 MAJOR MARKETS: 17,790,810 POPULATION GROWTH FOR THE 6 MAJOR MARKETS SINCE 2006: 26.1% CORPORATE PROFILE RioCan is Canada's largest real estate investment trust with a total enterprise value of approximately $13.9 billion as at December 31, 2017. RioCan is a fully integrated REIT that owns, manages and develops high quality retail-focused, increasingly mixed-use properties in Canada with ownership interests in a portfolio of 289 retail and mixed-use properties, including 17 properties under development, containing an aggregate net leasable area of 44 million square feet. 76.1% of RioCan's annual rental revenue is comprised from a portfolio that is powerfully rooted in Canada's six largest markets. TABLE OF CONTENTS IFC CORPORATE PROFILE 1 THE MAJOR MARKETS 2 CEO’S LETTER TO UNITHOLDERS 6 GLOUCESTER 8 EPLACE 10 KING PORTLAND CENTRE 12 YONGE SHEPPARD CENTRE 14 BRENTWOOD VILLAGE 16 MANAGEMENT TEAM 17 PROPERTY PORTFOLIO 27 MANAGEMENT’S DISCUSSION AND ANALYSIS 101 FINANCIALS 147 CORPORATE INFORMATION RIOCAN REAL ESTATE INVESTMENT TRUST IFC_1 ANNUAL REPORT 2017 TORONTO Metropolitan area: 6,654,682 Population growth since 2006: 30.2% % of Income Producing NLA: 34.9% % of annualized rental revenue: 40.9% MONTREAL Metropolitan area: 4,138,300 Population growth since 2006: 13.8% VANCOUVER % of Income Producing NLA: 7.7% Metropolitan area: 2,571,262 % of annualized rental revenue: 5.6% Population growth since 2006: 21.5% % of Income Producing NLA: 4.3% % of annualized rental revenue: 4.7% OTTAWA Metropolitan area: 1,377,016 Population growth since 2006: 21.8% % of Income Producing NLA: 11.7% % of annualized rental revenue: 11.8% EDMONTON Metropolitan area: 1,451,849 Population growth since 2006: 40.3% % of Income Producing NLA: 4.1% % of annualized rental revenue: 4.9% CALGARY Metropolitan area: 1,597,701 Population growth since 2006: 48.0% % of Income Producing NLA: 7.6% % of annualized rental revenue: 8.2% *Source: Statistics Canada SURFACING VALUE IN CANADA’S MAJOR MARKETS EDWARD SONSHINE, O.ONT., Q.C. CHIEF EXECUTIVE OFFICER To ensure its premiere position in the Canadian marketplace, RioCan is transforming properties in high- density, transit-orientated locations. RioCan’s growth flourishes in Canada’s six major markets: Toronto, Ottawa, Calgary, Edmonton, Vancouver and Montréal, cities with compelling demographics and strong population growth. RioCan properties greatly appeal to tenants, resulting in stable tenancies and strong income growth. RIOCAN REAL ESTATE INVESTMENT TRUST 2_3 ANNUAL REPORT 2017 Growth Driven By Insight As evidenced by a number of key indicators, 2017 was a strong year for the Trust. These results were bolstered by strong organic growth and committed occupancy that is returning to a level consistent with our historical average at 96.6% as at December 31, 2017. During 2017, we retained over 90% of our expiring leases and attained, on average, Canada’s six largest markets. Of note, we approximately 6% increase in renewal rent. expect that more than 50% of our These accomplishments translated into a revenue will be generated from Canada’s 6.3% increase in FFO per unit in 2017 as largest market: the Greater Toronto Area compared to 2016. (“GTA”). The anticipated outcome will be a resilient portfolio that generates stronger CEO’S LETTER Based on the growth over this past year, same property NOI growth per year and TO UNITHOLDERS and the Trust’s confidence in our ability to every property in that portfolio will maintain our growth profile, the Board of eventually be an opportunity to surface Trustees approved a three cent or 2.1% increased value. Dear Unitholders, increase to RioCan’s 2018 distribution to an annualized distribution of $1.44 per In addition to evolving the geographic mix RioCan – We Are Where You Want To Be of our portfolio, we are also evolving our unit per year. 2017 was a year of much change and saw a tenant mix. RioCan recognizes that our strong progression of RioCan’s strategic Canada’s Six Major Markets: success is deeply intertwined with the vision. While the Trust made significant A Foundation For The Present – And success of our tenants. By anticipating, progress on its development program and The Future planning for the future and continuously accelerating its major market strategy, it evolving, RioCan attracts tenants best RioCan has the entrepreneurial vision to suited for future success. Over the past delivered at the same time the highest identify opportunities and the resources to same property net operating income decade, RioCan has increased our tenant realize them. At the onset of our REIT, our concentration into the strongest retail (“NOI”) growth since 2010 and 6.3% business primarily consisted of acquiring year‑over‑year funds from operations sectors, such as grocery, pharmacy, and managing shopping centres. More restaurants, personal services, (“FFO”) growth. than a decade ago, RioCan anticipated a and value retailers. With a total enterprise value of $13.9 demographic shift away from Canada’s billion, RioCan’s portfolio of retail and secondary markets to Canada’s six major Maximizing Value By Disposing Of increasingly mixed-use properties is markets with compelling demographics Secondary Market Assets and rapid population growth: Toronto, powerfully rooted in Canada’s six major To accelerate the progress of our major markets. Twenty five years of experience, Ottawa, Calgary, Edmonton, Vancouver and Montréal. This population growth has market initiatives, we have embarked on acumen and insight have resulted in an the sale of approximately 100 properties incomparable major-market portfolio, with driven investment in new infrastructure, specifically significant investment in transit largely in Canada’s secondary markets a diversified, strong national tenant base, with a value surpassing $2.0 billion. These significant upside on rent growth and expansion. Population density and accessibility make these markets properties generate stable income; tremendous intrinsic value that will drive however, their growth profile lags that of Net Asset Value (“NAV”) and FFO growth in compelling for tenants, resulting in a resilient portfolio with stable tenancies and RioCan’s major market portfolio. Over the the near and long term. This portfolio is next two to three years, we anticipate managed and optimized by the strong strong income growth. We planned for this seismic demographic shift into the nation’s realizing approximately $1.5 billion of net executive bench who use their collective proceeds from these sales. These funds wealth of experience and expertise to drive six major markets, and for more than a decade RioCan has focused its growth in will be allocated to maintaining our organic growth, strategically surface the current leverage and capital structure, the these markets. intrinsic value within the portfolio; development program, and the maintain a strong balance sheet and At its core, RioCan represents a portfolio of repurchase of units through our normal make selective acquisitions. retail-focused, increasingly mixed-use course issuer bid. Canadian consumers’ shopping habits are properties situated in high-density, transit- oriented locations. Due to its intrinsic We have made significant progress on the changing, as are Canada’s major markets, disposition of these properties. As of value, RioCan’s major market portfolio is which are becoming more populous and February 13, 2018 there is a total of central to its ongoing success. Currently, urbanized. Increasingly there is a need for approximately $512 million in either approximately 76% of our revenue is mixed-use communities in Canada’s major closed, firm or conditional transactions, generated from these markets. Upon the markets as more Canadians shop, live and representing approximately 25% of the completion of our announced secondary work in urban settings. RioCan’s portfolio of $2.0 billion disposition target at sale prices market property dispositions over the next major market assets is perfectly positioned in-line with IFRS values. to capitalize on these trends and drive value two to three years, more than 90% of our growth for our unitholders. rental revenue will be produced in Exciting New Community, 15 Minutes From Downtown Ottawa Phase I, 23 Storey, Approval For A 222 Residential Total Of 4 Towers Units And Up To 820 Units RioCan crafts a site-specific approach for every project, based on demographics, retail trends, the competitive environment, and current and future transit infrastructure. RioCan’s mixed-use projects feature leading retailers, a rental residential and/or a condominium component and in some cases an office component. Canadians living in the six major markets enjoy the convenience of shopping, living, and working in RioCan’s signature properties. RIOCAN REAL ESTATE INVESTMENT TRUST 4_5 ANNUAL REPORT 2017 Surfacing Value With An Exceptional Balance Sheet RioCan’s financial strength is derived from a conservative balance sheet, and sound fiscal discipline, which provides the flexibility to carry out its large-scale, capital-intensive projects. To mitigate risk Although RioCan will always feature a RioCan employs a principle we call significant retail component, retail has “laddering” in our development program, changed in terms of client mix and goods similar to our approach with staggering our and services offered. To maintain our debt maturities. The “debt ladder” is an leadership in the marketplace, our effective tool in both a declining interest development strategy reflects a popular rate environment as well as in a slowly saying: “People shop where they live, and, rising interest rate economy, as is the case increasingly live where they shop.” presently. In a similar manner, RioCan Consumers will easily find, enjoy and shop Surfacing Value Through Intensification “staggers” the development of our in RioCan’s properties in high‑density, And Redevelopment properties so as to spread out risk, transit oriented locations in Canada’s RioCan’s major market portfolio today allowing us to best allocate our financial, major markets.
Load more

Recommended publications
  • Eighteenth Report of the Monitor Alvarez & Marsal Canada Inc
    Court File No.: CV-15-10832-00CL ONTARIO SUPERIOR COURT OF JUSTICE COMMERCIAL LIST IN THE MATTER OF THE COMPANIES’ CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c. C-36, AS AMENDED AND IN THE MATTER OF A PLAN OF COMPROMISE OR ARRANGEMENT OF TARGET CANADA CO., TARGET CANADA HEALTH CO., TARGET CANADA MOBILE GP CO., TARGET CANADA PHARMACY (BC) CORP., TARGET CANADA PHARMACY (ONTARIO) CORP. TARGET CANADA PHARMACY CORP., TARGET CANADA PHARMACY (SK) CORP., AND TARGET CANADA PROPERTY LLC. EIGHTEENTH REPORT OF THE MONITOR ALVAREZ & MARSAL CANADA INC. JULY 15, 2015 TABLE OF CONTENTS 1.0 INTRODUCTION.......................................................................................................................... 1 2.0 TERMS OF REFERENCE AND DISCLAIMER ....................................................................... 3 3.0 INVENTORY LIQUIDATION PROCESS ................................................................................. 3 4.0 REAL PROPERTY PORTFOLIO SALES PROCESS ............................................................. 8 5.0 CASH FLOW RESULTS RELATIVE TO FORECAST ......................................................... 21 6.0 COMMENCEMENT OF THE CLAIMS PROCESS ............................................................... 25 7.0 EMPLOYEE TRUST .................................................................................................................. 26 8.0 CONSULTATIVE COMMITTEE ............................................................................................. 28 9.0 MONITOR’S ACTIVITIES ......................................................................................................
    [Show full text]
  • Canada-2013-Finalists.Pdf
    TRADITIONAL MARKETING ADVERTISING Centres 150,000 to 400,000 sq. ft. of total retail space Identity Crisis Rescued 10 Dundas East Toronto, Ontario Management Company: Bentall Kennedy (Canada) LP Owner: 10 Dundas Street Ltd. One World in the Heart of Your Community Jane Finch Mall Toronto, Ontario Management Company: Arcturus Realty Corporation Owner: Brad-Jay Investments Limited At the Heart of the Community Les Galeries de Hull Gatineau, Quebec Management Company/Owner: Ivanhoe Cambridge Here’s to the Best Things in Life Lynden Park Mall Brantford, Ontario Management Company/Owner: Ivanhoe Cambridge Must Visit MEC Montreal Eaton Centre Montreal, Quebec Management Company/Owner: Ivanhoe Cambridge Centres 400,000 to 750,000 sq. ft. of total retail space Break Out Your Style Cornwall Centre Regina, Saskatchewan Management Company: 20 Vic Management Inc. Owner: Kingsett Capital & Ontario Pension Board The Really Runway Dufferin Mall Toronto, Ontario Management Company: Primaris Management Inc. Owner: H&R Reit Les Rivieres: Inspired by Trends Les Rivières Shopping Centre Trois-Rivières, Quebec Management Company: Ivanhoe Cambridge Owner: Ivanhoe Cambridge & Sears Canada Medicine Hat Mall Motherload Medicine Hat Mall Medicine Hat, Alberta Management Company: Primaris Management Inc. Owner: H & R Reit Crate&Barrel | OAKRIDGE · SINCE MARCH 21, 2013 Oakridge Centre Vancouver, British Columbia Management Company/Owner: Ivanhoe Cambridge Wahoo! Uptown Victoria, British Columbia Management Company: Morguard Investments Limited Owner: Greystone Centres 750,000 to 1,000,000 sq. ft. of total retail space Entrepôts de Marques - Brand Factory Marché Central Montréal, Québec Management Company: Bentall Kennedy (Canada) LP Owner: bcIMC Realty Corporation The World Of Fashion In 200 Stores Place Rosemère Rosemère, Québec Management Company: Morguard Investments Limited Owner: Rosemère Centre Properties Limited An Independent Style Southcentre Calgary, Alberta Management Company /Owner: Oxford Properties Group St.
    [Show full text]
  • AFFIDAVIT of MICHAEL NOEL (Affirmed September 21, 2020)
    Court File No. CV-20-00642970-00CL ONTARIO SUPERIOR COURT OF JUSTICE COMMERCIAL LIST IN THE MATTER OF THE COMPANIES’ CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c. C-36, AS AMENDED AND IN THE MATTER OF A PLAN OF COMPROMISE OR ARRANGEMENT OF GNC HOLDINGS, INC., GENERAL NUTRITION CENTRES COMPANY, GNC PARENT LLC, GNC CORPORATION, GENERAL NUTRITION CENTERS, INC., GENERAL NUTRITION CORPORATION, GENERAL NUTRITION INVESTMENT COMPANY, LUCKY OLDCO CORPORATION, GNC FUNDING INC., GNC INTERNATIONAL HOLDINGS INC., GNC CHINA HOLDCO, LLC, GNC HEADQUARTERS LLC, GUSTINE SIXTH AVENUE ASSOCIATES, LTD., GNC CANADA HOLDINGS, INC., GNC GOVERNMENT SERVICES, LLC, GNC PUERTO RICO HOLDINGS, INC. AND GNC PUERTO RICO, LLC APPLICATION OF GNC HOLDINGS, INC., UNDER SECTION 46 OF THE COMPANIES’ CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c. C-36, AS AMENDED Applicant AFFIDAVIT OF MICHAEL NOEL (affirmed September 21, 2020) I, Michael Noel, of the City of Toronto, in the Province of Ontario, MAKE OATH AND SAY: 1. I am an associate at Torys LLP, Canadian counsel to GNC Holdings, Inc. (the “Foreign Representative”) in its capacity as foreign representative of itself as well as General Nutrition Centres Company (“GNC Canada”), GNC Parent LLC, GNC Corporation, General Nutrition Centers, Inc., General Nutrition Corporation, General Nutrition Investment Company, Lucky 30552746 - 2 - Oldco Corporation, GNC Funding Inc., GNC International Holdings Inc., GNC China Holdco, LLC, GNC Headquarters LLC, Gustine Sixth Avenue Associates, Ltd., GNC Canada Holdings, Inc., GNC Government Services, LLC, GNC Puerto Rico Holdings, Inc., and GNC Puerto Rico, LLC (collectively, the “Debtors”), and, as such, have knowledge of the matters contained in this Affidavit.
    [Show full text]
  • CONDOMINIUMS S 181 East - New Logo HE PP a RD
    181 East - New Logo CONDOMINIUMS S 181 East - New Logo HE PP A RD & WILLOWDALE NORTH YORK’S ONLY BOUTIQUE ADDRESS W I LL O 181 East - New Logo W D A Signage size and colours Brochure size and colours WILLOWDALE LE 100% ABOUT & SHEPPARD ELEGANCE REDEFINED 181 East is a boutique development at the corner of Sheppard Ave E. and Willowdale Ave., designed to elevate the neighbourhood to new heights. With tiered terraces flanked with greenery, modern windows and pops of bold colour, it strikes a luxurious balance between uptown sophistication and innovative urban design. 2 Artist’s Concept 3 OUTDOOR LIVING The unique step design of the building provides the opportunity for the luxury of more private terraces with unobstructed views of the city. 4 Artist’s Concept 5 THE HUB SQUARE OF FESTIVITIES Art, theatre, music and festivals make Mel Lastman Square the cultural centre of the area. Take in everything from the local farmer’s market to yoga in the park to Big Band Sunday Serenades to firework displays at this open-air gathering space, all year long. 108 9 FINCH AVE 27 32 23. Tabule 5 AVE WILLOWDALE 54 4 FASHION & SHOPPING HOSPITALS 34 26 60 24. Pusateri’s 35 61 1. Bayview Village Shopping Centre 55. North York General Hospital 16 31 36 53 23 24 25. Tsujiri 48 9 59 22 2. Shops at Don Mills THE AREA 56. Sunnybrook Health Sciences Centre 1 12 8 25 62 47 45 55 26. Konjiki Ramen 57 46 49 7 3. Yorkdale Shopping Centre 28 11 27.
    [Show full text]
  • Retail/Commercial Development Cundles Rd W Opportunity in Barrie
    309-315 BAYFIELD STREET · BARRIE · ONTARIO LIVINGSTONE ST E CUNDLES RD E RETAIL/COMMERCIAL DEVELOPMENT CUNDLES RD W OPPORTUNITY IN BARRIE SOLDBAYFIELD ST 0 0 4 Y A W H IG H 1.15 ACRES COULTER ST ASKING PRICE $750,000 ALL OUTLINES ARE APPROXIMATE Ian Hunt* Nate Pace Mike Czestochowski** Vice President Sales Representative Executive Vice President 416 495 6268 416 495 6246 416 495 6257 [email protected] [email protected] [email protected] *Sales Representative **Broker 309-315 BAYFIELD STREET · BARRIE · ONTARIO TOTAL ACREAGE ±1.15 acres OFFICIAL PLAN General Commercial ZONING C4 – General Commercial HIGHLIGHTS Located in a prominent retail and commercial node; in proximity to Bayfield Mall, Georgian Mall and a Walmart Supercentre 5-minute drive to Downtown Barrie Existing land use context allows for a wide range of commercial and institutional uses BAYFIELD ST PLEASE CALL FOR MORE INFORMATION ON NEIGHBOURING DEVELOPMENTS ALL OUTLINES ARE APPROXIMATE AND SUBJECT TO SEVERANCE LOCATION MAP COMMERCIAL AMENITIES 1 Bayfield Mall 2 Canadian Tire 3 Travelodge 4 Applebee’s 5 Red Lobster 6 Dollarama 7 Tim Hortons AVERAGE ANNUAL 8 Metro TRAFFIC COUNTS 9 Swiss Chalet Rotisserie & Grill Bayfield & Cundles (Sept. 2014) 10 Walmart North Leg · 37,210 11 Loblaws South Leg · 37,355 12 LCBO Bayfield & Rose (July 2014) 13 RioCan Georgian Mall East Leg · 23,053 West Leg · 37,472 14 Kelsey’s Original Roadhouse 15 North Barrie Crossing (includes Zehrs, Shoppers OFFERING PROCESS Drug Mart, Cineplex Odeon) Potential purchasers that require access to the INSTITUTIONAL AMENITIES Document Centre must complete a Confidentiality 16 Cundles Heights Public School Agreement and return it to [email protected] 17 Barrie North Collegiate Institute DOCUMENT CENTRE 18 Oakley Park Public School • Environmental Assessment 19 Maple Grove Public School • Environmental Status Letter 20 Georgian College • Site Plan • Survey 21 St.
    [Show full text]
  • Sugar Wharf Is a Community of Extraordinary Proportions
    A WHOLE NEW COMMUNITY From Humber Bay to the Eastern Beaches, Toronto’s magnificent waterfront spans 46 kms. Under the direction of Waterfront Toronto, this highly desirable section of the city is undergoing a sea change. Created by the federal and provincial government and the City of Toronto, Waterfront Toronto has the mandate to transform the area into a vibrant public and cultural space for all Torontonians. Unequalled in size, it’s one of the largest urban revitalization projects in the world. The total area for development is 800 hectars in size, and is one of the largest revitalization projects in the world! Collaborating with developers like Menkes, Waterfront Toronto aims to create 40,000 new residences and approximately 40,000 new jobs. With the introduction of mixed-used neighbourhoods, offices, expanding public transit, parks, and public spaces, the waterfront will be a coveted place to live, work, learn and play. By adopting an economically and environmentally sustainable design approach, this reimagination will change the face of Toronto and deliver a positive, meaningful relationship between the lake and the city. THE LAKE. THE LIFE. THE CITY. LAKE SHORE BLVD E NEW ST COOPER ST Rising on the shores of Toronto’s waterfront, Sugar Wharf is a community of extraordinary proportions. FREELAND ST Striking the perfect work-life balance, this exceptional development will be the future-forward ideal today’s urban population seeks. Home to 7,500 residents, and 4,000 HARBOUR ST office workers once completed, this 11.5-acre community RETAIL PROMENADE offers homes, offices, shops, restaurants, school, daycare, park and more.
    [Show full text]
  • 2016 / 2017 Annual Report
    Dedicated to improving the quality of life for persons living with Epilepsy “Volunteers are the heart and soul of our agency... “It is because of the 2016 / 2017 dedicated commitment to volunteerism and ANNUAL REPORT fundraising initiatives that we all succeed and grow September 16th, 2017 within our local communities” Table of Contents Table of Contents 1 About Epilepsy South Central Ontario 1 A Letter from Our CEO 2 A Letter from Our Board President 3 2016 / 2017 Board of Directors 3 2016 / 2017 Staff 4 Purple Gala 2018 5 Statement of Operations Year End April 30th, 2017 6 The Many Faces of...Epilepsy South Central Ontario 7-8 The H. O.P.E. Award 2016-2017 9 Volunteers 2016-2017 10 2016 / 2017 Year-at-a-Glance 11 2017 / 2018 Proposed Year-at-a-Glance 12 Corporate, Grant and Foundations 13 Sponsors, Partners and Supporters 14 Location & Contact Information Back Cover About Epilepsy South Central Ontario Our Mission Epilepsy South Central Ontario is dedicated to enhancing the quality of life for people living with seizure disorders through counseling and support services. Our Vision Increasing public awareness via outreach, individual/family counseling and working with select forums, Epilepsy South Central Ontario strives to educate and encourage understanding within our community. Our Values Equality and mutual respect of all individuals, Fostering successful, fulfilling lives for families and persons living with epilepsy, To encourage everyone to attain positive solutions when challenged, To conduct ourselves in a supportive, non-judgmental manner with all members and participants. Page 1 Our most significant change in the 2017 fiscal year is the new name Epilepsy South Central Ontario as a result of our expanded coverage area to A Letter from our CEO Kitchener-Waterloo Guelph, Dufferin & Wellington Counties.
    [Show full text]
  • 923466Magazine1final
    www.globalvillagefestival.ca Global Village Festival 2015 Publisher: Silk Road Publishing Founder: Steve Moghadam General Manager: Elly Achack Production Manager: Bahareh Nouri Team: Mike Mahmoudian, Sheri Chahidi, Parviz Achak, Eva Okati, Alexander Fairlie Jennifer Berry, Tony Berry Phone: 416-500-0007 Email: offi[email protected] Web: www.GlobalVillageFestival.ca Front Cover Photo Credit: © Kone | Dreamstime.com - Toronto Skyline At Night Photo Contents 08 Greater Toronto Area 49 Recreation in Toronto 78 Toronto sports 11 History of Toronto 51 Transportation in Toronto 88 List of sports teams in Toronto 16 Municipal government of Toronto 56 Public transportation in Toronto 90 List of museums in Toronto 19 Geography of Toronto 58 Economy of Toronto 92 Hotels in Toronto 22 History of neighbourhoods in Toronto 61 Toronto Purchase 94 List of neighbourhoods in Toronto 26 Demographics of Toronto 62 Public services in Toronto 97 List of Toronto parks 31 Architecture of Toronto 63 Lake Ontario 99 List of shopping malls in Toronto 36 Culture in Toronto 67 York, Upper Canada 42 Tourism in Toronto 71 Sister cities of Toronto 45 Education in Toronto 73 Annual events in Toronto 48 Health in Toronto 74 Media in Toronto 3 www.globalvillagefestival.ca The Hon. Yonah Martin SENATE SÉNAT L’hon Yonah Martin CANADA August 2015 The Senate of Canada Le Sénat du Canada Ottawa, Ontario Ottawa, Ontario K1A 0A4 K1A 0A4 August 8, 2015 Greetings from the Honourable Yonah Martin Greetings from Senator Victor Oh On behalf of the Senate of Canada, sincere greetings to all of the organizers and participants of the I am pleased to extend my warmest greetings to everyone attending the 2015 North York 2015 North York Festival.
    [Show full text]
  • New Cineplex Cinemas Empress Walk Opens Tomorrow
    FOR IMMEDIATE RELEASE New Cineplex Cinemas Empress Walk opens tomorrow Toronto, ON, (TSX: CGX) – June 13, 2013 – Cineplex Cinemas Empress Walk will open Friday, June 14, 2013, beginning with late matinee shows. The newly renovated theatre is located at 5095 Yonge Street, north of Sheppard Avenue in Toronto, Ontario. Cineplex Cinemas Empress Walk features 10 screens, including a digital IMAX auditorium. Two months of renovations saw a number of aesthetic upgrades and improvements, as well as the creation of a new box office, two party rooms and a Cinescape gaming area. Future renovations will see the addition of a new concession area and other improvements. “We look forward to welcoming Toronto to Cineplex Cinemas Empress Walk,” said Pat Marshall, Vice President, Communications and Investor Relations, Cineplex Entertainment. “We know our guests will enjoy access to the SCENE loyalty program, Cineplex Tuesdays and Front Row Centre Events, among the other benefits of Cineplex theatres.” Cineplex Odeon Sheppard Cinemas will close after Thursday evening’s shows and be returned to the landlord for redevelopment. All employees of Cineplex Odeon Sheppard Cinemas will relocate to the new theatre. About Cineplex: Cineplex Inc. (“Cineplex”) is one of Canada’s leading entertainment companies and operates one of the most modern and fully digitized motion picture theatre circuits in the world. A top-tier Canadian brand, Cineplex operates numerous businesses including theatrical exhibition, food services, gaming, alternative programming (Front Row Centre Events), Cineplex Media, Cineplex Digital Solutions and the online sale of home entertainment content through CineplexStore.com and on apps embedded in various electronic devices.
    [Show full text]
  • District De: Québec No Division: 01 - Montréal Nno Cour:Diii 500-11-058602-208 No Dossier: 0000500-2020-QC
    District de: Québec No division: 01 - Montréal NNo cour:diii 500-11-058602-208 No dossier: 0000500-2020-QC Créanciers Non Garantis MAGASIN LAURA (P.V.) INC. / LAURA'S SHOPPE (P.V.) INC. No. Nom du créancier Adresse Réclamation Balance de réclamation Total non garantis réclamation 1 10107778 Canada Inc 1273 Dundas St W 2,912.13 0.00 2,912.13 Toronto ON M6J 1X8 2 119605 Canada Inc. 4 Granville Road 314,265.00 0.00 314,265.00 Hampstead QC H3X 3B1 3 20 Vic Management Inc. 1200A The Tower at Midtown 128,642.16 0.00 128,642.16 Saskatoon SK S7K 1J5 4 3934390 Canada Inc C/O Administration Office 87,744.12 0.00 87,744.12 134 Primrose Drive Saskatoon SK S7K 5S6 5 4336909 Canada Inc 902 - 433 Rue Chabanel Ouest 1.00 0.00 1.00 Montreal QC H2N 2J8 6 713949 Ontario Limited St-Laurent Mall Administration 408,724.24 0.00 408,724.24 1200 St-Laurent Boulevard Ottawa ON K1K 3B8 7 7684355 Canada Inc. 9320 St Laurent, unit 608 94.90 0.00 94.90 Montreal QC H2N 1N7 8 7762186 Canada Inc. (Loi) 306 - 9320 Boul. Saint-Laurent 7,531.26 0.00 7,531.26 Montreal QC H2N 1N7 9 8966184 Canada Inc dba DEBUT GROUP 10000 rue Mirabeau 4,501.28 0.00 4,501.28 Anjou QC H1J 1T6 10 9139-6366 Quebec Inc. 324 Aime-Vincent 71,415.96 0.00 71,415.96 Vaudreuil-Dorion QC J7V 5V5 11 9172106 Canada Inc (TB Fashions) 397 Lebeau Blvd 165,662.29 0.00 165,662.29 Montreal QC H4N 1S2 12 9174591 Canada Inc.
    [Show full text]
  • Monitor's Certificate (Sale Transaction) (August 20, 2015)
    Court File No. CV15-10920-00CL ONTARIO SUPERIOR COURT OF JUSTICE COMMERCIAL LIST IN THE MATTER OF THE COMPANIES' CREDITORS ARRANGEMENT lcf, R.S.C. 1985, c. C-36, AS AMENDED AND IN THE MATTER OF A PLAN OF COMPROMISE OR ARRANGEMENT OF COMARK INC. Applicant RECITALS A. All undehned terms in this Monitor's Certif,rcate have the meanings ascribed to them in the Order of the Court dated July 29,2015 (the "Approval Order") approving the Sale Agteement entered into among Comark Inc. ("Comark") and Pacific West Commercial Corporation ("PWCC") and its permitted assignees (the "Purchaser") dated July 16, 2015 (as amended from time to time, the "Sale Agreement"). B Pursuant to the Approval Order, the Court approved the Sale Agreement and provided for the vesting in and sale, assignment and transfer to the Purchaser of Comark's right, title and interest in and to the Purchased Assets, which vesting, sale, assignment and transfer is to be effective with respect to the Purchased Assets upon the delivery by the Monitor to the Purchaser and Comark of a certificate confirming: (i) the conditions to Closing as set out the Sale Agreement have been satisfied or waived by the Purchaser and Comark, as applicable; and (ii) the Transaction has been completed to the satisfaction of the Monitor. C PWCC has entered into a certain Assignment of Asset Purchase Agreement dated August 79, 2015 with 8299684 Canada Inc., 5349 Investments Ltd., 9124055 Canada Inc. and 9371443 Canada Inc. as permitted Purchaser Assignees, a copy of which is attached as Appendix "4" hereto.
    [Show full text]
  • Barrie Sears Georgian Mall Time: 11:00 to 1:00 PM 521 Bayfield Street Barrie, on L4M 4Z9
    Girl Guides of Canada Registration Event at Sears August 14 Ontario Barrie Sears Georgian Mall Time: 11:00 to 1:00 PM 521 Bayfield Street Barrie, ON L4M 4Z9 Belleville Sears Quinte Mall Time: 10:00 AM to 3:00 PM 390 Front Street North Belleville, ON Brampton Sears Bramalea City Centre Time: 9:00 AM to 12 Noon 25 Peel Centre Drive Brampton, ON L6T 3R5 Brantford Sears Lynden Park Mall Time: 10:00 AM to 12 Noon 84 Lynden Rd. Brantford, ON N3R 5V1 Burlington Sears Mapleview Shopping Mall Time: 10:00 AM to 4:00 PM 900 Maple Avenue Burlington, ON L7S 2J8 Chatham Sears Downtown Chatham Centre Time: 9:00 Am to 2:00 PM 130 King Street West Chatham, ON N7M 6B1 Time: 9:00 Am to 2:00 PM Girl Guides of Canada Registration Event at Sears August 14 Ontario Cornwall Sears Cornwall Square Time: 9:00 AM to 4:00 PM 1 Water Street East Cornwall, ON K6H6M2 Guelph Sears Stone Road Mall Time: 1:00 PM to 4:00PM 435 Stone Road West Guelph, ON N1G3E5 Hamilton Sears: Limeridge Mall Time: 9:00 AM to 12:00 Noon 999 Upper Wentworth St. Hamilton, On L9A 4X5 Sears Eastgate 75 Centennial Parkway North Time: 11:00 AM to 1:00 Hamilton, ON L8E2P2 Kingston Sears Cataraqui Centre Time: 9:00 AM to 4:00 PM 945 Gardiners Rd. Kingston ON K7M 7H4 London Sears Masonville Mall Time: 10:00 AM to 1:00 PM 1680 Richmond Street London, ON N6G 3Y9 Sears London Outlet Store Time: 10:00 AM To 1:00 PM 530 Oxford St W.
    [Show full text]