More than 100 guests, including Mr. Martin Cauchon (pic4), Vice-Chairman of Canada China Business Council and Ms. Zhi Chun Bian (pic 5), Deputy Consul General of Chinese Consulate in Montreal, Dura Fund I investors, Dura’s strategic partners: Desjardins, Bank of China, Fasken, and Raymond Chabot, were all present at the ceremony. Mr. Martin Cauchon and Ms. Zhi Chun Bian gave a speech to congratulate Dura’s success. Ms. Yinghua Qu (pic 6), Dura’s President and co-founder summarized the “1st” moments and milestones that Dura has experienced during the past 7 years. Dura’s first fund closing is a major milestone for the group. Investing in our seniors for a better future, falls right in line with the company’s culture of social and economic investments. This is also Dura’s motivation to launch off in the retirement home industry and develop subsequent funds in the near future.
In Many Canadian Cities, Unsold Condos Are Stacking Up
When the federal government tightened mortgage rules in 2012, overheated condo markets in Toronto and Vancouver were widely seen as the main target. But little more than two years later, it’s many smaller cities that are bearing the brunt of stricter regulations....