Dream Unlimited Corp. announced plans to deliver 5,000 new purpose-built rental units in urban centres across Canada. These government announcements establish a newfound ability for the entire development industry ecosystem to partner with all levels of government, not-for-profit and private sector organizations to collectively address the affordability crisis by increasing the amount of market and affordable rental units available to Canadians.

In the next 6 months, Dream can advance its shovel ready projects, which includes 1,350 units. In Ottawa, Dream will be advancing 1,010 units of which 43% ? equivalent to 438 units ?

will be dedicated as affordable. Rents for the Ottawa units will range from 59% of median market rent to market rents, contributing to 7% of the city?s targeted annual construction starts of 15,000 units. In addition, Dream will bring 340 units in Saskatoon.

By 2025, Dream will be able to advance another 3,700 units across Ottawa, Toronto, Calgary, and Saskatoon.