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First Notice: pandemic preparedness; RioCan milestone; Daniels project

First Notice: pandemic preparedness; RioCan milestone; Daniels project


Pandemic preparedness investment set for Toronto

A joint federal-provincial-municipal announcement has been scheduled for today to unveil a “significant investment to support Canada’s future pandemic preparedness” in Toronto. Federal Minister of Innovation, Science and Industry Francois-Philippe Champagne and Ontario Premier Doug Ford will be joined by Toronto Mayor John Tory for the 10 a.m. EDT announcement. 


WeirFoulds series kicks off tomorrow

A six-part series of legal webinars from WeirFoulds LLP launches tomorrow covering new trends and concerns in Ontario construction law. The first three sessions are on Prompt Payment and Adjudication, April 1; Construction Contracts, April 15; and Risk Management: Insurance and Bonding, April 29. 


Milestone for Sonshine at RioCan

Today is the final day in the top job for RioCan Real Estate Investment Trust founder and CEO Edward Sonshine. Sonshine retires today and will assume the role of non-executive chairman of RioCan’s board of trustees. The RioCan board has appointed Jonathan Gitlin, currently the trust’s president and COO, to succeed Sonshine as president and CEO effective tomorrow. 


RESAAS Services hires MZ Group

Vancouver’s RESAAS Services Inc., a technology platform for the real estate industry, today announced it has engaged investor relations specialists MZ Group to lead a strategic capital markets and investor relations program across its key markets. Greg Falesnik, CEO of MZ North America, and Brooks Hamilton, SVP at MZ North America, will advise RESAAS on corporate and financial communications, including the coordination of roadshows and investment conferences. 


Choice Properties, Daniels to partner on Toronto redevelopment

Choice Properties Real Estate Investment Trust yesterday announced a new partnership with The Daniels Corporation to redevelop the first phase of Choice’s 19-acre Golden Mile Shopping Centre at 1880 Eglinton Ave. E. in Toronto, adjacent to the new Eglinton Crosstown LRT. The property will be developed asa mixed-use, mixed-income community that will include two condominium towers, a purpose-built market rental building, ground floor retail uses, institutional uses and office spaces. Watch for more details soon in the Daily Commercial News. 

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