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Industry E-News Update for November 3, 2011


2011 Property Tax Rate Analysis

REALpac has recently released the 2011 Property Tax Rate Analysis, which aims to promote tax fairness across Canada. Vancouver, Montreal and Toronto had the highest commercial to residential tax ratios while Winnipeg and Edmonton maintained positions on the lower end of the commercial to residential tax ratios. Click here to find out more about the 2011 Property Tax Rate Analysis.


Oxford Reaches Target 2012

Oxford Properties has recently released the 2011 Sustainable Intelligence Report, highlighting Oxford’s success in reaching the company’s Target 2012 goal, two years ahead of schedule. Click here to find out more about Oxford's Sustainable Intelligence Report.

Green Living ECR Award Winners Announced

The Excellence in Corporate Responsibility (ECR) Awards were held recently at the TIFF Bell Lightbox in Toronto. The Awards aim to recognize those individuals and companies who make a conscience effort for corporate responsibility. For more information on the ECR Awards, click here.


RioCan Announces Purchase of Sheppard Centre

RioCan and KingSett capital have purchased the Sheppard Centre on a 50/50 joint venture basis from the Life Assurance Company of Canada. The property located on the northeast corner of Yonge Street and Sheppard Avenue was purchased for $218 million. To find out more about RioCan's purchase, click here.


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