The measures, which are to take effect first thing Wednesday morning, were announced before reports emerged that the provincial government was poised to announce sweeping shutdown measures on non-essential businesses across Ontario.
REIT says it’s agreed to sell a 50 per cent non-managing interest in retail centres Carrefour du Versant, Place Nelligan and Place Cité des Jeunes for a combined total of nearly $60 million.
Downtown convention facility that attracted more than 63,000 out-of-town visitors in the 2019-20 fiscal year has seen its revenues plummet during the pandemic.
Since its founding in 2008, the 200-person company has built a high-profile list of customers that includes AT&T, Fox and Toronto’s Corus Entertainment.