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The Cullen Commission estimated that in 2019 alone, $5.3 Billion of illicit funds was laundered through the Vancouver real estate market, which increased housing prices by 5%. [ 104 ] "The Vancouver Model" is a way for Chinese organized crime to launder revenue generated primarily by fentanyl sales through casinos .
RioCan Real Estate Investment Trust is the second-largest real estate investment trust (REIT) in Canada. [2] As of 2024, it has an enterprise value of approximately $14.3 billion and owns 188 properties with a net leasable area of 33 million square feet. [3] The company properties are located across Canada.
The tallest building completed in the Region is in Kitchener with the 130.7 m (429 ft) DTK Condos at the corner of Duke and Frederick St, this can be seen in the center of the image to the right. The majority of the high-rises in the area are in Kitchener, however Waterloo has a significant amount in the Northdale area.
A new proposal in 2010 would study only the merger of Kitchener and Waterloo, with a public referendum on whether the idea should be looked into. Kitchener residents voted 2–1 in favour of studying the merger while Waterloo residents voted 2–1 against. Waterloo city council voted against the study. [70]
On January 1, 1948, John Motz changed the name of the newspaper once again, to The Kitchener-Waterloo Record (to mark the occasion of Waterloo's designation as a city), a name which remained until the change to The Record, in 1994. During this period the 24-page press would be replaced first by a 48-page press in the 1950s, a 96-page press in ...
Kitchener is located in Southwestern Ontario, in the Saint Lawrence Lowlands. This geological and climatic region has wet-climate soils and deciduous forests. Situated in the Grand River Valley, the area is generally above 300 m (1,000 ft) in elevation. Kitchener is the largest city in the Grand River watershed and the Haldimand Tract.
From December 2008 to December 2012, if you bought shares in companies when Linda B. Bammann joined the board, and sold them when she left, you would have a -62.3 percent return on your investment, compared to a 61.1 percent return from the S&P 500.
Korangy's Korangy Publishing founded The Real Deal in April 2003. [2] It was Korangy's third venture into publishing, the first being the Gringo Gazette, a weekly newspaper in Baja, Mexico targeted at expatriates, [2] and the second being the Washington Free Press, a weekly tabloid in Washington, D.C. Korangy was named one of the 100 most powerful figures in New York City real estate by the ...