Real estate and development is an important facet of the work Canada Lands Company undertakes to improve the value of a given asset.
Following the purchase of a development property at fair market value from the Government of Canada, Canada Lands applies its expertise and may elect to develop, hold or sell a property. At the outset of the development process, Canada Lands fully engages the community and civic officials to collaborate in preparing a consensus-based plan for the property, with connection to the surrounding area. Canada Lands then makes applications for planning approvals from the municipality.
Our Project Phases
Public Engagement
With most of its projects, Canada Lands Company undertakes a public engagement process. The Company’s process may include such activities as meeting with community organizations, holding public open houses and online engagements and establishing local advisory committees.
Examples of Properties in this Phase
Plan Approvals
After completing an engagement process, Canada Lands creates a development plan for the property that incorporates sustainable design principles and may also include an affordable housing component and green spaces. This plan is submitted to the municipality for consideration and approval.
Examples of Properties in this Phase
Sales and leasing
Canada Lands markets and sells properties to builders to carry out construction consistent with the approved plan. It may also have interim leasing activities, or retains and manages properties of significant value on behalf of the Government of Canada.
Examples of Properties in this Phase
CONTRIBUTING TO ALLEVIATE CANADA’S HOUSING CRISIS
In response to the ongoing housing crisis, Canada Lands Company is pleased to be working alongside the Canada Mortgage and Housing Corporation (CMHC), Public Services and Procurement Canada and Housing, Infrastructure and Communities Canada to enable new affordable, sustainable, accessible and socially inclusive housing opportunities as part of the Government’s Public Lands for Homes Plan. We invite you to learn more about Canada Lands’ work and our collaboration with CMHC’s Federal Lands Initiative and the efforts to make a measurable difference in the lives of Canadians.
Community Engagements
Success Stories
Throughout the years, Canada Lands Company has worked towards earning the trust of stakeholders and local communities through open and transparent public engagement and a commitment to enriching the everyday lives of Canadians. Prioritizing environmental sustainability, social impacts and enabling various types of housing opportunities, including affordable housing, are important components of the Company’s mission. Learn more about Canada Lands Company’s Success Stories.