RE:Lease Liability, when switching to Brick and MortarSpeaking of leases, I wonder where the head office will be?? RioCan has been contacted about which company the space at 2802 2300 Yonge st is leased to the ones listed online, or the one on the directory.
Right-of-use asset and lease liability During the year ended December 31, 2021, the Company entered into a new lease contract for its office on Yonge Street in Toronto. The lease expires in September 2024. During the twelve months ended December 31, 2022, the Company entered into a new lease contract for its office on Arbutus Street in Vancouver. The lease expires in August 2032. During the fifteen months ended March 31, 2024, the Company acquired two leases for its premise on 97 Street in Edmonton and 6th Avenue SE in Calgary (Note 14). The leases expire in December 2036 and December 2024, respectively.