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How the city of Montreal ended up paying developer's mortgage

The 40-year deal to house the Sanaaq centre downtown includes an arrangement for $21.25 million in direct payments to Devimco’s bankers. ....

New York , United States , New Brunswick , Devimco Investissement , Serge Goulet , Emanuel Johnson , Denis Coderre , Hugo Bourgoin , Cathy Wong , Linda Gyulai , Quebec Municipal Affairs , Montreal Gazette , Postmedia Network Inc , Quebec Inc , Montreal Office Of The Inspector , Quebec Municipal Affairs Department , Dave Sidaway , Montreal Children , New York Times , Mayor Val , Postmedia Network , Street East , Projet Montr , Civil Code , Assurance Vie , Des Caisses Desjardins ,

Land donation program for new residents in Quebec's Val-Alain region ruled illegal

In April 2022, the EDC launched a program to donate land to new residents in order to encourage newcomers, particularly young families, to settle in Val-Alain. The value of the land, which is approximately 1,400 square meters, is estimated at $12,000 per lot. ....

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