TAX EFFICIENT OPPORTUNITY / RRSP & TFSA ELIGIBLEJuly 28th, 2009
FiledJuly 28th, 2009Chestermere Lands Development Corporation (Chestermere Lands) is an investment opportunity within the town of Ches- termere, adjacent to the east city limits of Calgary, Alberta. Chestermere Lands has entered into an agreement to acquire up to a 25% undivided interest in a joint venture with an affiliate of United Communities1 in lands spanning 316 acres that will have a mix of single and multifamily homes, commercial space and parks. The land is expected to be comprised of approxi- mately 1,200 residential lots and provide much needed housing for the booming community of Chestermere.