Q4 2024

5 building that will house the Centre d'art Battat. In addition to supporting arts and culture, this initiative will play a crucial role in reducing our environmental footprint through the use of ecoresponsible materials." The Honourable Mélanie Joly, Minister of Foreign Affairs and Member of Parliament for AhuntsicCartierville, on behalf of the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities "Another example of the immense potential of Quebec lumber! More wood in construction means more beauty for our cities and, above all, more eco-friendly and sustainable buildings. We are proud to support developers who promote the use of wood in construction. In doing so, we recognize the essential role that the forestry sector plays in the decarbonization of our economy. Congratulations to the Battat Art Center for their vision!" Maïté Blanchette Vézina, Minister of Natural Resources and Forests and Minister responsible for the Bas-Saint-Laurent and Gaspésie–Îles-dela-Madeleine regions. "The Battat Art Center (CAB) is an example of the transformation of the Central District, a vibrant neighborhood in Ahuntsic-Cartierville that offers redevelopment opportunities for new industries in technology, culture, design, and urban manufacturing. The CAB is a pioneer of urban redevelopment that aligns with our vision for the future of Montreal. The CAB's program of artistic creation and public presentation is poised to undoubtedly become a model of renewal for our borough." Émilie Thuillier, Borough Mayor AhuntsicCartierville "We wish to create a space for creation and dissemination that supports contemporary artists. We also want to provide a living environment with open, welcoming, and warm public spaces where the entire neighborhood can come together and connect. It is important for us to respect the heritage of our building by preserving its structure and reclaiming its materials, while also transforming it to incorporate green spaces and a café. We envision welcoming school and community groups, giving them close access to the arts and artists." Anne-Marie Barnard, Executive Director, Battat Art Centre The federal government announced an investment of nearly $71 million for the construction of 207 purpose-built rental units. Funding is provided as fully repayable, low-interest loans through the Apartment Construction Loan Program (ACLP). The announcement was made on the project site for Exal NDG in Montréal by the Honourable Steven MacKinnon, Minister of Labour and Seniors, on behalf of the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities, and Anna Gainey, Member of Parliament for Notre-Dame-de-Grâce–Westmount. The Exal NDG project is located on Saint-Jacques Street in the borough of Côte-des-Neiges– Notre-Dame-de-Grâce de Montréal, an area undergoing rapid redevelopment and served by many public transit routes. The project aims to be LEED Homes certified under the Canada Green Building Council's LEED program and WELL certified based on its high-end design and construction standards aimed at ensuring the health and well-being of future residents. In addition to superior construction quality and energy efficiency, the project features several eco-friendly initiatives, such as exclusive access to electrical car sharing by residents or urban agriculture on the roof, which provides seasonal vegetables. The ACLP stimulates rental housing construction by providing builders and developers with low-cost repayable loans. The program is helping to build more than 131,000 apartments across Canada. Quotes: "By making it easier, less costly and faster to build rental housing in Montréal, our government is ensuring that Quebec families have access to a safe, affordable home. Today's announcement marks another step in our work to end Canada's housing crisis once and for all." – The Honourable Steven MacKinnon, Minister of Labour and Seniors and Member of Parliament for Gatineau "The Government of Canada is committed to working with communities to rise to the challenge of building more housing in Montréal and throughout Quebec. Through the Apartment Construction Loan Program, our government is increasing the supply of new rental housing by investing more than $70 million in 207 units. This new housing will benefit middleclass individuals and families while stimulating the local economy." – Anna Gainey, Member of Parliament for Notre-Dame-de-Grâce–Westmount "Groupe MACH is one of Canada's leading private real estate owners and developers, with a portfolio of over 45 million square feet and more than 250 properties, including EXAL NDG. We are all very pleased to contribute to this major investment for the EXAL banner, an innovative project that embodies our vision of high value-added, sustainable real estate development." – Vincent Chiara, President, Groupe MACH The Federal Goverment Announces More Than $70 Million for the Constuction of 207 Rental Units in Montréal

RkJQdWJsaXNoZXIy NTY1MjM3