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People & Companies News for April 26, 2024

  • BTB REIT has appointed Marc-André Lefebvre as vice-president and CFO, effective May 27. Before joining BTB, he served as as CFO at Kruger Energy, a renewable energy producer operating across the Americas. Prior to moving to Kruger, he spent nearly 19 years at Scotiabank and Scotia Capital, holding various roles in investment banking while specializing in capital markets and corporate banking services for large companies. 
  • MCAN Mortgage Corporation, which does business as MCAN Financial Group, announced that Floriana Cipollone has left the company to purue other opportunities. She had served as a senior vice-president and CFO. MCAN has begun a search for her replacement. Peter Ryan has been appointed as interim CFO. He has spent four years with the company, most recently as a vice-president and controller.
  • James Mabey has been installed as chair of the Canadian Real Estate Association. Mabey is a realtor based in the Edmonton bedroom community of St. Albert, Alta. He previously chaired the Realtors Association of Edmonton and has also chaired numerous CREA committees. He has been joined on the board by fellow officers Valérie Paquin (chair-elect), Garry Bhaura (vice-chair) and Larry Cerqua (immediate past chair.)
  • Timbercreek Capital has named Fraser McEwen as president of its alternatives business. The capital markets specialist will lead Toronto-based Timbercreek’s wealth management, high-net-worth and family office channels. McEwen has 27 years of finance-related experience. He most recently served as the co-founding partner at Slate Securities, a subsidiary of Slate Asset Management. He is credited with influencing the creation of Slate’s investment fund management platform, which invests in real estate across public and private markets
  • The Alberta Invesment Management Corporation Foundation for Financial Education has introduced four new equity-oriented scholarships. The scholarships are part of broader agreements with the University of Calgary and University of Alberta totalling $260,000. The financial awards are designed to strength the foundation’s commitment to foster gender diversity in finance and Indigenous in busienss. Established in 2018, the foundation promotes financial literacy and education in Alberta. AIMCo is one of Canada’s largest commercial real estate investors and diversified institutional investment managers with $158 billion of assets under management. The company invests globally on behalf of Alberta-based pension, endowment, insurance, and government funds.
  • Altus Group has been selected as the Data Solution of the Year for Real Estate. The honour is part of the 2024 Data Breakthrough awards, which recognize leading data technology innovators around the world. The 2024 Data Breakthrough awards program attracted more than 2,250 nominations altogether from diverse industries worldwide. Toronto-based Altus specializes in commercial real estate intelligence. Its clients include leading global CRE companies.

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About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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