Canada Post Pension Plan creates Section 149 corporation and invests in mixed-use development in Toronto

Client

Canada Post Pension Plan

Date

March 29, 2011
Fasken Martineau acted as counsel for Canada Post Pension Plan with a team comprised of Marty Emmons, Andrea Centa and paralegal, Joanne Meadowcroft (real estate), Richard Johnston (Pensions) and Paul Casuccio (Commodity Tax) in connection with the creation of a Section 149 corporation and the investment by that Corporation in a co-ownership of a mixed use development in downtown Toronto with a purchase price of approximately $225 million.