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Many layers of bad

ALMOST since the moment it was announced, both tenants and landlords have complained that the Canada Emergency Commercial Rent Assistance does not work...full story

Shindico Supports Its Tenants during Global Health Crisis

To date, $11 million of the federal government’s CECRA (Canada Emergency Commercial Rent Assistance) program has been distributed in Manitoba. To qualify for CECRA, businesses must show that their business revenue has decreased by at least 70%. Businesses can only access the program if their landlords are willing to participate. These conditions can cause significant stress for businesses that do not qualify. If a business lost 50 percent of their revenue, they would not qualify for the government assistance and may end up having to close permanently unless their landlord is willing to help.

StorageVille business case: self-storage facility gets green(er) with solar technology

StorageVille, a self-storage facility in Winnipeg, Canada – is part of the Shindico commercial real estate investment portfolio. Working closely with Shindico President and CEO, Sandy Shindleman, the management team at StorageVille sought out ways to reduce our operating costs. One area which came to our attention is in the renewable energy space with the opportunities available in Manitoba. Often, when someone mentions “renewal energy” and “Manitoba” in the same sentence, the first thing to come to mind is hydroelectricity. However, Manitoba is also a perfect location for utilizing another renewal energy source – solar technology. So perfect in fact that Manitoba Hydro began offering its Solar Energy Pilot Program in 2017.