TORONTO, Jan. 7, 2013 /CNW/ - Robert Howald has been named acting
President and Chief Executive Officer of Canada Lands Company assuming
the position held by the departing Mark Laroche. The announcement was
made today by Grant B. Walsh, Chairman of Canada Lands Company Limited
Board of Directors.
With over a decade of experience at Canada Lands, Howald is an
experienced and seasoned executive currently serving as the company's
Senior Vice President, Real Estate. In his role, he is responsible for
managing the acquisition and development of a portfolio of real estate
This appointment follows the recent announcement by the Government of
Canada giving Canada Lands the mandate to amalgamate its two
subsidiaries, namely Parc Downsview Park in Toronto and the Old Port of
Montréal Corporation into its operations.
"We are incredibly fortunate to have an individual like Mr. Howald at
Canada Lands who is more than capable of stepping seamlessly into this
acting role," said Walsh. "The entire organization is confident and
comfortable with Robert providing a steady and experienced hand during
this transitional period for Canada Lands".
Since its inception in 1995, CLC has contributed over $1-billion to the
Government of Canada as payment for properties, elimination of carrying
costs, payment of taxes and declarations of dividends.
Canada Lands Company Limited is a self-financing federal Crown
corporation that optimizes the economic and community value obtained
from surplus properties which are no longer required by its sole
shareholder, the Government of Canada. It is also a demonstrated
leader in tourism management with its operations of the CN Tower in
Toronto and the Old Port of Montréal.
Image with caption: "Robert Howald (CNW Group/Canada Lands Company)". Image available at: http://photos.newswire.ca/images/download/20130107_C3911_PHOTO_EN_22288.jpg
SOURCE: Canada Lands Company
For further information:
Canada Lands Company