RioCan, CPP team up in $1-billion big-box venture: Partnership plans to invest in one of hottest growth stories in retail sector

Article Abstract:

RioCan Real Estate Investment Trust and Canada Pension Plan Investment Board are investing $1-billion in shopping centers that features big-box stores, the hottest growth stories in the retail sector. The Joint venture is the latest unification of pension money with a real estate player as Canada's biggest funds search for alternative investments to boost returns at a time when the stock market is turning in a disappointing performance.

Financial management, Securities issued, listed, Real estate investment trusts, Real Estate Invest Trusts, Company investment, Investments, Securities, Shopping centers, Company securities, Shopping centres, Canada Pension Plan Investment Board, RioCan Real Estate Investment Trust

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Canadian dads taking parental leave

Article Abstract:

A new report from Statistics Canada reveals that approximately ten percent of fathers in Canada used parental leave benefits. The report, which shows a 3% increase in parental leave usage over the past year, attributes the increase to the introduction of new federal employment benefits.

Labor force information, Reports, Demographic aspects, Employment, Fathers, Family leave, Canada. Statistics Canada, Maternity and paternity leaves

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Iraq war, SARS hit travel in March

Article Abstract:

A new report on the country's travel industry shows that trips abroad by Canadians fell 4% in March. Industry analysts said that the travel decline is attributed to fears over the war in Iraq and the worldwide SARS outbreak, which has hit Toronto, Ontario particularly hard.

HOTELS AND OTHER LODGING PLACES, Iraq, Tourist Travel, Health aspects, Economic aspects, Airlines, Military aspects, Tourism, Toronto, Ontario, Severe acute respiratory syndrome

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