The second commercial real estate project for Harden in the community as it continues to expand its footprint in the province
VAUDREUIL-DORION (QC), December 19, 2022 – Harden, a leading real estate company, celebrates the on-schedule completion of the first phase of Quartier Beauharnois, a 35, 000 square foot premises occupied by Super C, which opened its doors earlier this month, welcoming the first of many happy customers. This project is the second for the company in the community after having completed its first, District Beauharnois, in 2017, with over 150 000 square feet of leasable area. With an investment of over $25 million, this project will include green spaces, an expansive shopping experience and reinforces Harden’s commitment to the communities in which they operate.
“It is such a joy to see the project come to life highlighted by the grand opening of Super C.” says Co- CEO, Tyler Harden. “At Harden, supporting communities and responding to their needs has always been at the forefront of our strategy. With this opening, and more to come at Quartier Beauharnois, this is the continuation of our commitment of many years in the vibrant community. We are delighted to work hand in hand with Metro and their teams on many projects as, like us, they are committed to excellence.”
“We are thrilled to celebrate the opening of our Super C in the Quartier Beauharnois project,” says Jean-Guy Tremblay, Senior Vice President – Super C. “The location, space and timing are ideal for the community, and it is always a pleasure to work with the Harden team, who manages so efficiently to deliver a first-class space. ″
Quartier Beauharnois, easily accessible by highway 30, consists of over 65 000 square feet of leasable area. Up to ± 20,000 square feet of gross leasable area continues to be built and is available to lease, including a ± 11,625 square foot building that can be subdivided to suit the needs of any future tenants. In addition, the project will include three pads with drive-thrus and patios (from ± 2,056 to 3,552 square feet). Construction is expected to be fully completed in 2023.
About Harden
Established in 1985, Harden is a second generation, family-owned real estate company whose primary focus is owning and operating commercial, residential, and industrial properties in many communities throughout the provinces of Quebec and Ontario. Being vertically integrated enables them to specialize in all facets of the real estate development process, including, development, construction, leasing, and property management.
To learn more about Harden, please visit www.harden.ca
CALGARY – TC Energy Corp. has lowered the estimated cost of its Southeast Gateway pipeline project in Mexico.
It says it now expects the project to cost between US$3.9 billion and US$4.1 billion compared with its original estimate of US$4.5 billion.
The change came as the company reported a third-quarter profit attributable to common shareholders of C$1.46 billion or $1.40 per share compared with a loss of C$197 million or 19 cents per share in the same quarter last year.
Revenue for the quarter ended Sept. 30 totalled C$4.08 billion, up from C$3.94 billion in the third quarter of 2023.
TC Energy says its comparable earnings for its latest quarter amounted to C$1.03 per share compared with C$1.00 per share a year earlier.
The average analyst estimate had been for a profit of 95 cents per share, according to LSEG Data & Analytics.
This report by The Canadian Press was first published Nov. 7, 2024.
BCE Inc. reported a loss in its latest quarter as it recorded $2.11 billion in asset impairment charges, mainly related to Bell Media’s TV and radio properties.
The company says its net loss attributable to common shareholders amounted to $1.24 billion or $1.36 per share for the quarter ended Sept. 30 compared with a profit of $640 million or 70 cents per share a year earlier.
On an adjusted basis, BCE says it earned 75 cents per share in its latest quarter compared with an adjusted profit of 81 cents per share in the same quarter last year.
“Bell’s results for the third quarter demonstrate that we are disciplined in our pursuit of profitable growth in an intensely competitive environment,” BCE chief executive Mirko Bibic said in a statement.
“Our focus this quarter, and throughout 2024, has been to attract higher-margin subscribers and reduce costs to help offset short-term revenue impacts from sustained competitive pricing pressures, slow economic growth and a media advertising market that is in transition.”
Operating revenue for the quarter totalled $5.97 billion, down from $6.08 billion in its third quarter of 2023.
BCE also said it now expects its revenue for 2024 to fall about 1.5 per cent compared with earlier guidance for an increase of zero to four per cent.
The company says the change comes as it faces lower-than-anticipated wireless product revenue and sustained pressure on wireless prices.
BCE added 33,111 net postpaid mobile phone subscribers, down 76.8 per cent from the same period last year, which was the company’s second-best performance on the metric since 2010.
It says the drop was driven by higher customer churn — a measure of subscribers who cancelled their service — amid greater competitive activity and promotional offer intensity. BCE’s monthly churn rate for the category was 1.28 per cent, up from 1.1 per cent during its previous third quarter.
The company also saw 11.6 per cent fewer gross subscriber activations “due to more targeted promotional offers and mobile device discounting compared to last year.”
Bell’s wireless mobile phone average revenue per user was $58.26, down 3.4 per cent from $60.28 in the third quarter of the prior year.
This report by The Canadian Press was first published Nov. 7, 2024.
TORONTO – Canada Goose Holdings Inc. trimmed its financial guidance as it reported its second-quarter revenue fell compared with a year ago.
The luxury clothing company says revenue for the quarter ended Sept. 29 totalled $267.8 million, down from $281.1 million in the same quarter last year.
Net income attributable to shareholders amounted to $5.4 million or six cents per diluted share, up from $3.9 million or four cents per diluted share a year earlier.
On an adjusted basis, Canada Goose says it earned five cents per diluted share in its latest quarter compared with an adjusted profit of 16 cents per diluted share a year earlier.
In its outlook, Canada Goose says it now expects total revenue for its full financial year to show a low-single-digit percentage decrease to low-single-digit percentage increase compared with earlier guidance for a low-single-digit increase.
It also says it now expects its adjusted net income per diluted share to show a mid-single-digit percentage increase compared with earlier guidance for a percentage increase in the mid-teens.
This report by The Canadian Press was first published Nov. 7, 2024.
