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Globe and Mail
8 minutes ago
- Globe and Mail
FCPT Announces Acquisition of a BJ's Restaurant and Brewhouse Property and a Longhorn Steakhouse Property From Brookfield Properties for $4.8 Million
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties ('FCPT' or the 'Company'), is pleased to announce the acquisition of a BJ's Restaurant and Brewhouse property and a LongHorn Steakhouse property for $4.8 million from Brookfield Properties. The properties are located in a strong retail corridor in Pennsylvania and are corporate-operated under triple net leases with a blended eight years of term. This transaction was priced at a capitalization rate consistent with previous FCPT transactions. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. Additional information about FCPT can be found on the website at


CTV News
8 minutes ago
- CTV News
Sustainable showcase in Orillia to feature the future of boating
From the dock to Lake Couchiching, the future of boating will be on full display this weekend at the Sustainable Orillia Green Innovative Showcase. ENVGO is showcasing its fully electric hydrofoil prototype called the NV1. Mike Peasgood, CEO of ENVGO, said the hydrofoil is the main principal the electrification. 'The main principle behind that technology is a wing which sits underneath the water and it lifts the hull out of the water,' said Peasgood. 'That gives us some incredible efficiency and performance which really makes that electrification practical.' The sleek vessel promises to go farther and faster than gas-powered boats, with hydrofoils that lift it above the water for a smoother, more efficient ride. 'That's really the big differentiator beyond the zero emissions,' said Peasgood. 'We're not polluting the environment but we're also giving an overall better experience of that smooth flight over water and really showcase what that future of marine technology is going to look like.' Danny Epstein is the vice president of the Sustainable Orillia Green Innovation Showcase. The event runs Saturday July 26 from 10:00 a.m. to 5:00 p.m and Sunday 10:00 a.m. to 4:00 p.m. He hopes people who attend the showcase have a better understanding of sustainability after walking through the grounds. 'We can't keep growing and we can't be dependent on growth all the time. and people need to understand that there are limits to growth,' said Epstein. 'We live in at a time where, obviously there's lots of evidence of climate change.' Fully electric hydrofoil prototype Fully electric hydrofoil prototype watercraft on display in Orillia, Ont., on Fri., July 25, 2025. (Source: Luke Simard/CTV News) The showcase continues to grow year over year and more than 60 electric vehicles will be on display along with a fleet of EV boats. 'Boats that you do see here are new technology, particularly the ENVGO boat,' said Epstein. 'That's new Canadian technology, and it's clean technology.' Vendors like M-Oceans participating in the showcase say that electric will be the future of boating. 'Yes, 100% sustainability is where it's all headed towards, we see vessels from small inflatable dinghies to sailboats to even some larger power boats being converted, very actively today,' said Anatolii Shkliaruk, founder of M-Oceans. With functional benefits continuing to increase on EV vessels. 'Sailing off into the sunset with no noise, no gas, no clouds of smoke, and quiet,' said Shkliaruk. 'It aligns with the philosophy of sailing and boating in general and all the harbors and the small lakes are then clean with no spills. There's no oil and marine wildlife is preserved.' With a small fraction of electric boats in the water today, Peasgood believes there will be a shift coming. 'That's because it takes so much power to push the boat through the water. What we're building here, is the technology which gives us the efficiency so that electric becomes practical,' said Peasgood. 'I think, inevitably, we'll transition to electric, and this is a technology that we need to make that happen.' The showcase is free attend and will have activities for kids including face painting.


CTV News
8 minutes ago
- CTV News
Rogers asks employees to work in the office full-time
Rogers is requiring its corporate employees to be in the office four days a week starting in October. Rogers Communications signage is pictured in Ottawa on Tuesday, July 12, 2022. THE CANADIAN PRESS/Sean Kilpatrick TORONTO — Rogers Communications Inc. is joining a growing list of companies asking its employees to return to the office. The telecom company says it will require its corporate employees to be in the office four days a week starting in October. It says in-office days will increase to five days a week in February. There will be no changes for front-line or production teams. Rogers spokesperson Zac Carreiro says the phased approach will give workers and their families time to adjust to the changes. The telecom company isn't alone in reining in hybrid work policies. TD Bank asked its employees earlier this week to be in the office four days a week starting in the fall. Other big banks, including RBC, Scotiabank and BMO have also mandated at least four days in office starting in September, while Canaccord Genuity is reportedly moving to five. The Canadian Press