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Stock impact report

989 New Homes Coming to Montreal [Yahoo! Finance]

Cabot Corporation (CBT) 
Last cabot corporation earnings: 2/3 04:16 pm Check Earnings Report
US:NYSE Investor Relations: cabotog.com/investors
Company Research Source: Yahoo! Finance
The announcement was made by the Honourable Steven MacKinnon, Minister of Labor and Seniors, alongside Anthony Housefather, Member of Parliament for Mount Royal and Parliamentary Secretary to the President of the Treasury Board. The announcement took place at 5200 rue de la Savane, in Montreal , which received $100 million dollars through the Apartment Loan Construction Program (ACLP) to build 303 homes and will be operated by Olymbec. This rental building, named Lynk, is designed to serve a diverse range of community needs. Some of the units will be offered at below-market prices, ensuring to meet the needs of individuals and families seeking more accessible rental options. This approach aims to create a well-rounded community by offering diverse housing options for residents with varying preferences and needs. The site is located close to a metro station and several shops. A detailed list of all the projects that received funding is provided in an appendix to this release. Qu Show less Read more
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