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RioCan Issues Warning About Further Rent Control

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Pictured: Ed Sonshine, chief executive of RioCan.RioCan will always be a retail real estate investment trust first and foremost, chief executive Ed Sonshine told shareholders at the Toronto-based company’s annual general meeting. But with a growing interest in the multifamily segment of the market, Sonshine is observing the Ontario provincial election to see how each of the major parties might change the rules for landlords in the province. The...

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