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SYS-CON MEDIA Authors: Lori MacVittie, Peter Silva, Liz McMillan, Jason Bloomberg, Carmen Gonzalez

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New Board Member Appointed to Canada Lands Company Board of Directors

TORONTO, ON--(Marketwired - May 29, 2014) - Grant B. Walsh, Chairman of the Board of Directors of Canada Lands Company, a national real estate company, is pleased to confirm the Government of Canada's appointment of Jocelyne Houle to the company's Board of Directors for a four-year term. 

Jocelyne Houle brings a wealth of experience from the public sector to the board. She was the Mayor of the City of Buckingham, Québec, from 1999 to 2001, and then became municipal councillor for the Buckingham District of the City of Gatineau, a post she held for eight years while also being Vice President of the Executive Committee. She is also an entrepreneur, having owned Houle Jewellers in Buckingham since 1981.

"Ms. Houle brings valuable experience and insight to the already impressive caliber of our existing board," said Chairman, Grant B. Walsh. "I am eager to serve alongside her, working to advance the best interests of the company, the Government of Canada and Canadians".

Since its inception in 1995, Canada Lands Company has contributed over $1-billion to the Government of Canada as payment for properties, elimination of carrying costs, payment of applicable taxes and declaration of dividends.

Canada Lands Company Limited is a self-financing federal Crown corporation that optimizes the economic and community value obtained from surplus properties which are no longer required by its sole shareholder, the Government of Canada. It is also a demonstrated leader in tourism management with its operations of the CN Tower, the Montréal Science Centre, and the Old Port of Montréal.

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