SOURCE: Canada Lands Company

Canada Lands Company

January 17, 2014 11:00 ET

Two New Board Members Appointed to Canada Lands Company Board of Directors

TORONTO, ON--(Marketwired - January 17, 2014) - Grant B. Walsh, Chairman of the Board of Directors of Canada Lands Company, a national real estate company, is pleased to confirm the Government of Canada's appointment of two new members to the company's Board of Directors, each for a four-year term. 

Toby Jenkins
Over the past 30 years, Ms. Jenkins has participated in a variety of public and private initiatives involving real estate development, banking, health care and venture capital. She is currently an Executive Fellow at the School of Public Policy, University of Calgary, involved in the areas of finance and urban policy. She is also President of Columbia Developments, a real estate development company which has designed, constructed and leased commercial projects.

Nicholas Macos
Mr. Macos is a lawyer with Black Sutherland LLP in Toronto, Ontario with over 30 years experience in real estate, land use planning, licensing and construction law. His many ground-breaking real estate and infrastructure projects include the Light Rail Transit Line in Ottawa and the Docks/Polson Pier Entertainment Complex and the Courtyard Marriott Hotel/Condominiums on the Toronto Waterfront. He represents most of the significant stadium venues in Ontario before the Alcohol and Gaming Commission of Ontario and has provided advice to municipal, provincial and federal government agencies.

As well, the Government reappointed current Board member Mr. Clint Hames for an additional four-year term. He is President of Hames & Associates Consulting, as well as CEO of Pacific Developmental Pathways Ltd., and former Mayor of the City of Chilliwack in British Columbia.

"The addition of these individuals will complement the already impressive calibre of our existing members, and together we will continue to work in the best interest of the company, the Government of Canada and Canadians", said Chairman, Grant B. Walsh. The company's Board of Directors comprises of seven members representing every region of Canada.

Since its inception in 1995, Canada Lands Company has contributed over $1-billion to the Government of Canada as payment for properties, elimination of carrying costs, payment of applicable taxes and declaration of dividends.

Canada Lands Company Limited is a self-financing federal Crown corporation that optimizes the economic and community value obtained from surplus properties which are no longer required by its sole shareholder, the Government of Canada. It is also a demonstrated leader in tourism management with its operations of the CN Tower, the Montréal Science Centre, and the Old Port of Montréal.

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