Business: Boardwalk REIT is an open-ended real estate investment trust formed to acquire all of the assets and undertakings of Boardwalk Equities Inc. Boardwalk REIT’s principal objectives are to provide its unitholders with monthly cash distributions, partially on a Canadian income tax-deferred basis, and to increase the value of its units through the effective management of its residential multi-family revenue producing properties and the acquisition of additional properties. Boardwalk REIT currently owns and operates in excess of 250 properties with over 31,700 units totalling approximately 27 million net rentable square feet, and is Canada’s largest owner/operator of multi-family rental communities. Boardwalk REIT’s portfolio is concentrated in the provinces of Alberta, Saskatchewan, Ontario and Quebec.