Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • Data Privacy
  • Français
  • my CNW 
    • Login
    • Register
  • Client Login 
    • Online Member Centre
    • Next Gen Communications Cloud
    • Cision Communications Cloud®
  • Sign Up
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
Advanced Search
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Canadian Federal Government
      • Canadian Municipal Government
      • Canadian Provincial Government
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

  • Advanced Search
  • Overview
  • Cision Communications Cloud®
  • Monitoring
  • Distribution
  • Multimedia
  • Guaranteed Paid Placement
  • AI Tools
  • IR
  • Become a Client
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • General Enquiries
  • Media
  • Worldwide Offices
  • Hamburger menu
  • Cision Canada
  • Send a Release
  • FR
    • Phone

    • 877-269-7890 from 8 AM - 10 PM ET

    • ALL CONTACT INFO
    • Contact Cision

      877-269-7890
      from 8 AM - 10 PM ET

  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR
  • Overview
  • Cision Communications Cloud®
  • Monitoring
  • Distribution
  • Multimedia
  • Guaranteed Paid Placement
  • AI Tools
  • IR
  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR
  • Become a Client
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • General Enquiries
  • Media
  • Worldwide Offices
  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR

Morguard Corporation Announces 2015 Third Quarter Results and Regular Eligible Dividend


News provided by

Morguard Corporation

Nov 12, 2015, 16:31 ET

Share this article

Share toX

Share this article

Share toX

MISSISSAUGA, ON, Nov. 12, 2015 /CNW/ - Morguard Corporation ("Morguard" or the "Company") (TSX:MRC) today announced its financial results for the three and nine months ended September 30, 2015.

Third Quarter Highlights

Acquisition of a 100% interest in a garden-style property comprising 252 suites located in Cooper City, Florida, for $72.6 million. The Company intends to sell a 49% interest in this property to a third party.

Acquisition of a 59.13% interest in a 299 multi-suite residential building including 47,500 square feet of commercial area in Los Angeles, California, for $77.4 million.

Subsequent to September 30, 2015, the Company purchased 18,252,516 common shares of Temple Hotels Inc. ("Temple") for cash consideration of $21.0 million increasing the Company's ownership of common shares in Temple from 12.1% at September 30, 2015 to 29.9%.

On November 12, 2015, the Company entered into a purchase and sale agreement to acquire three hotel properties from a third party for a purchase price of approximately $33.5 million. The acquisition is expected to close on or about January 6, 2016.

The Company is reporting performance of:

  • On December 31, 2014, the Company commenced consolidating its investment in Morguard REIT. The impact of this change on the Company's 2015 statement of income is significant since Morguard REIT's revenue and expenses are fully consolidated into the Company's operating results.

  • Total revenue from real estate properties increased by $86.3 million to $202.8 million compared to $116.5 million in 2014.

  • Adjusted net operating income ("Adjusted NOI"), which excludes the realty taxes accounted for under IFRIC 21, increased by $50.8 million to $110.2 million compared to $59.4 million for the same period in 2014.

  • Comparative NOI increased by $7.5 million or 12.6% to $66.4 million compared to $58.9 million for the same period in 2014.

  • Funds from operations ("FFO") – Morguard's share decreased by $3.0 million to $39.8 million for the three months ended September 30, 2015, compared to $42.8 million for the same period in 2014. The decrease was impacted by a $5.1 million non-cash impairment provision for investment in publicly traded securities. 

  • Normalized FFO - Morguard's share increased by 5.5% to $45.2 million, or $3.72 per common share for the three months ended September 30, 2015, compared to $42.8 million, or $3.43 per common share for the same period in 2014.

  • The Company repurchased 156,478 of its common shares for total consideration of $22.3 million, representing an average price of $142.54 per common share.

  • The Company acquired 640,623 units of Morguard REIT for $9.8 million, representing an average purchase price of $15.34 per unit. The Company's ownership interest in Morguard REIT now stands at 48.8%.

  • Shareholders' equity per common share (excluding non-controlling interest) increased to $219.32 compared to $202.27 as at December 31, 2014.

All amounts in thousands of Canadian dollars, except for per common share amounts, unless otherwise noted.

Financial Highlights


Three months ended

September 30

Nine months ended

September 30

(in thousands of dollars)

2015

2014

2015

2014

Revenue from income producing properties

$202,763

$116,533

$598,650

$351,292

Management and advisory fees

15,935

21,315

46,084

53,814

Interest and other

1,453

3,404

6,314

10,694

Sales of product and land

1,251

1,430

6,361

3,946

Total revenue

$221,402

$142,682

$657,409

$419,746











Revenue from real estate properties

$202,763

$116,533

$598,650

$351,292

Property operating costs

(86,685)

(52,554)

(281,579)

(176,810)

Net operating income

$116,078

$63,979

$317,071

$174,482






Funds from operations

$44,081

$48,356

$139,681

$126,794

 FFO per common share – basic and diluted

$3.63

$3.87

$11.38

$10.11






FFO - Morguard's share

$39,840

$42,811

$127,069

$109,854

Per common share – basic and diluted

$3.28

$3.43

$10.36

$8.76






Net income attributable to common shareholders

$35,822

$61,109

$68,501

$119,880

Net income per common share – basic and diluted

$2.95

 

$4.90

$5.58

$9.56






Target Canada Update

During the second quarter of 2015, the Company successfully re-negotiated its Target leases with new tenants at Centerpoint Mall, Toronto, Ontario, Pine Centre, Prince George, British Columbia, Southdale Shopping Centre, Winnipeg, Manitoba, and Aurora Centre, Aurora, Ontario. The replacement of the Target stores with Lowes, Walmart and Canadian Tire significantly improve the tenant strength and will help to drive increased traffic to these centres. The Company successfully acquired the Target lease at The Centre at Circle and Eighth, Saskatoon, Saskatchewan, to maintain control of the space to improve the centre. The leases at Bramalea City Centre, Brampton, Ontario, East York Town Centre, Toronto, Ontario, Cambridge Centre, Cambridge, Ontario, Brandon Shoppers Mall, Brandon, Manitoba and Prairie Mall, Grand Prairie, Alberta, were disclaimed by Target. The Company is currently executing on re-merchandising the Target units into multi-unit space. The space vacated by Target equates to the early termination of 603,804 square feet and as a result, the Company's retail occupancy has decreased to 86.5%.  Adjusting for the vacant Target space, the Company's Canadian retail occupancy rate would have otherwise increased to 93.3%. The Company ceased recording revenue on the disclaimed leases until all outstanding amounts under the Target U.S. guarantee have been received. This has resulted in a negative impact on the Company's net operating income for the three and nine months ended September 30, 2015 of $1.5 million and $2.1 million respectively.

Net Income

Net income for the three months ended September 30, 2015, was $51.6 million compared to $61.3 million for the same period in 2014. The decrease in net income of $9.7 million for the three months ended September 30, 2015, was primarily due to the following:

  • An increase in net operating income of $52.1 million, primarily due to the consolidation of Morguard REIT;
  • A decrease in management and advisory fees of $5.4 million, primarily due to the elimination of fees as a result of the consolidation of Morguard REIT;
  • An increase in interest expense of $11.4 million primarily due to the consolidation of Morguard REIT; 
  • A decrease in non-cash fair value gains of $19.1 million;
  • A decrease in equity income from investments of $8.3 million, primarily due to the consolidation of Morguard REIT which is no longer accounted for as an equity accounted investment;
  • An increase in income taxes (current and deferred) of $10.8 million; and
  • An impairment provision recorded on an investment in publicly traded securities of $5.1 million.

Net Operating Income ("NOI")

The consolidation of Morguard REIT significantly impacted the Company's operating results for the three months ended September 30, 2015, compared to the same period in 2014. In order to enhance comparability and illustrate the impact Morguard REIT has had on the Company's 2015 NOI, the NOI directly attributable to Morguard REIT has been isolated in the column titled "Morguard REIT". The column titled "Morguard" represents the revenue and expenses for all properties that were included in the Company's operating results for 2014 (the "Morguard Properties").

Three months ended September 30,

(in thousands of dollars)

2015

2014


Morguard

Morguard
REIT

 Total

 

Morguard

Multi-suite residential

$39,076

$-

$39,076

$32,488

Retail

13,939

21,588

35,527

13,631

Office

11,702

19,100

30,802

9,565

Industrial and hotels

3,960

789

4,749

3,756

Adjusted NOI

68,677

41,477

110,154

59,440

IFRIC 21 adjustment – multi-suite residential

4,308

-

4,308

3,445

IFRIC 21 adjustment – retail

1,616

-

1,616

1,094

NOI

$74,601

$41,477

$116,078

$63,979







Nine months ended September 30,

(in thousands of dollars)

2015

2014


Morguard 

Morguard
REIT

 Total

Morguard

Multi-suite residential

$110,114

$-

$110,114

$96,410

Retail

42,107

66,454

108,561

40,790

Office

33,127

57,668

90,795

31,892

Industrial and hotels

9,954

2,625

12,579

10,057

Adjusted NOI

195,302

126,747

322,049

179,149

IFRIC 21 adjustment – multi-suite residential

(3,822)

-

(3,822)

(3,634)

IFRIC 21 adjustment – retail

(1,156)

-

(1,156)

(1,033)

NOI

$190,324

$126,747

$317,071

$174,482







Adjusted NOI for the three months ended September 30, 2015, increased by $50.8 million to $110.2 million compared to $59.4 million in 2014, representing an increase of 85.5%. Excluding the impact of the Morguard REIT consolidation of $41.5 million, Adjusted NOI increased by $9.3 million primarily due to the following:

  • An increase of $1.8 million (in local currency) primarily from rental rate growth on multi-suite residential properties located in Canada and the U.S., respectively;
  • Additional Adjusted NOI of $0.8 million generated from the continued lease up of the Company's completed development property, The Heathview, a 587 suite rental development in Toronto, Ontario, and $1.1 million generated from the ongoing lease commencements at Performance Court, the 21 story office development in Ottawa, Ontario, which was substantially completed during the first quarter of 2014; and
  • An increase of $5.2 million due to the change in the U.S. dollar foreign exchange rate.

Funds from Operations

For the three months ended September 30, 2015, the Company recorded FFO of $44.1 million ($3.63 per common share), compared to $48.4 million ($3.87 per common share) in 2014. The decrease in FFO of $4.3 million is mainly due to the following:

  • Lower management and advisory fees of $5.4 million;
  • Lower interest and other income of $2.0 million;   
  • Increase in current taxes of $4.8 million;
  • Amortization of the mortgage mark-to-market adjustment of $3.1 million which was recorded on acquisition of Morguard REIT;
  • An impairment provision recorded on an investment in publicly traded securities of $5.1 million; and
  • Higher Adjusted NOI of $9.3 million from the Morguard Properties.

The change in foreign exchange rates had a positive impact on FFO of $2.5 million ($0.21 per common share).

FFO - Morguard's Share


Three months ended
September 30

Nine months ended
September 30

(in thousands of dollars, except for per common share amounts)

2015

2014

2015

2014

Funds from operations

$44,081

$48,356

$139,681

$126,794

Less: non-controlling interest: Morguard Residential REIT

(4,241)

(5,545)

(12,612)

(16,940)

FFO - Morguard's share

$39,840

$42,811

$127,069

$109,854

Per common share amounts – basic and diluted

$3.28

$3.43

$10.36

$8.76

The Company's FFO includes funds available to the non-controlling interests of Morguard North American Residential REIT. FFO - Morguard's share removes the non-controlling interest portion. FFO - Morguard's share for the three months ended September 30, 2015, totalled $39.8 million or $3.28 per common share, compared to $42.8 million or $3.43 per common share in 2014.

Normalized FFO – Morguard's share includes a number of non-recurring items that significantly impact the result. The significant non-recurring items are an impairment provision for investment in publicly traded securities of $5.1 million and an unrealized loss of $0.2 million from investment in convertible debentures in 2015. Normalized FFO - Morguard's share for the three months ended September 30, 2015 would have been $45.2 million or $3.72 per common share versus $42.8 million or $3.43 per common share for the same period in 2014, which represents an increase of $2.4 million or 5.5%.

Fourth Quarter Dividend

The Board of Directors of Morguard Corporation announced that the fourth quarterly, eligible dividend of 2015 in the amount of $0.15 per common share will be paid on December 31, 2015, to shareholders of record at the close of business on December 15, 2015.

The Company's unaudited financial statements for the three months ended September 30, 2015, along with the Management's Discussion and Analysis will be available on the Company's website at www.morguard.com and will be filed with SEDAR at www.sedar.com.

Non-IFRS Measures

The Company's consolidated financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS"). The following measures, NOI, Adjusted NOI, Comparative NOI, FFO, FFO – Morguard's share and Normalized FFO – Morguard's share (collectively, the "non-IFRS measures") as well as other measures discussed elsewhere in this press release, do not have a standardized definition prescribed by IFRS and are, therefore, unlikely to be comparable to similar measures presented by other reporting issuers. The Company uses these measures to better assess the Company's underlying performance and financial position and provide these additional measures so that investors may do the same. Details on non-IFRS measures are set out in the Company's Management's Discussion and Analysis for the period ended September 30, 2015 available on the Company's profile on SEDAR at www.sedar.com.

About Morguard Corporation

Morguard Corporation is a real estate company, which owns a diversified portfolio of 172 multi-suite residential, retail, office, industrial and hotel properties comprised of 17,225 residential suites, approximately 16.2 million square feet of commercial leasable space and 1,056 hotel rooms. Morguard Corporation also owns a 48.8% interest in Morguard Real Estate Investment Trust and a 48.7% effective interest in Morguard North American Residential Real Estate Investment Trust.  Morguard also provides advisory and management services to institutional and other investors. For more information, visit the Company's website at www.morguard.com.

SOURCE Morguard Corporation

Morguard Corporation, K. Rai Sahi, Chief Executive Officer, T 905-281-3800; Paul Miatello, Chief Financial Officer, T 905-281-3800

Modal title

Organization Profile

Morguard Corporation

    Also from this source

  • Morguard Corporation Announces Voting Results from the 2025 Annual Meeting of Shareholders

  • Purpose and Performance: Morguard Releases 2024 ESG Report

  • Morguard Corporation Announces 2025 First Quarter Results and Regular Eligible Dividend

Contact Cision

  • 866-245-2317
    from 8 AM - 10 PM ET
  • Become a Client
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • General Enquiries
  • Media

Products

  • Cision Communications Cloud®
  • Media Monitoring
  • Content Distribution
  • Multimedia Distribution
  • Measurement & Analytics
  • Investor Relations

About

  • About Cision Canada
  • About Cision
  • Media Partners
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Online Member Centre
  • Next Gen Communications Cloud
  • Cision Communications Cloud®
  • my CNW

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Centre
  • Next Gen Communications Cloud
  • Cision Communications Cloud
  • my CNW
877-269-7890
from 8 AM - 10 PM ET
  • Terms of Use
  • Information Security Policy
  • Site Map
  • Cookie Settings
  • Accessibility Statement
Copyright © 2025 CNW Group Ltd. All Rights Reserved. A Cision company.