Morguard Named One of Canada's Safest Employers For an Unprecedented Third Consecutive Year

MISSISSAUGA, ON, Nov. 9, 2015 /CNW/ - For a third year in a row, Morguard was named as one of Canada's Safest Employers in the Retail and Services category for its Canadian commercial portfolio.  The company was recognized with a Silver Award in 2015 demonstrating its ongoing commitment to Occupational Health and Safety (OH&S) programs.

The Thomson Reuters Awards program recognizes Canadian organizations for outstanding performance in workplace health and safety.   The Awards submissions were reviewed by an expert judging panel followed by an employee safety perception survey. Judging criteria was based on Leadership and Management Support, Employee Engagement, Communication, Innovation and Injury Statistics.

"We have taken a leadership position as a company, and in the real estate industry, to invest in programs that protect people in our owned and managed portfolio," said K. Rai Sahi, Chairman and CEO, Morguard Corporation. "It's a terrific undertaking by all Morguard employees when you realize the scope and scale of our OH&S accountability."

• Morguard manages approximately three million work hours a year in Canada across its eight regional offices, more than 300 owned and managed commercial properties, and multiple development projects.
  
  
• There are more 120 million visits annually to Morguard's owned and managed commercial portfolio of shopping centres, office towers and industrial properties in Canada.

"We believe our efforts have empowered our employees to be the best at delivering substantial health and safety programs," said Sahi. "These efforts have resulted in benefits for our tenants, visitors, clients and shareholders."

About Morguard
Morguard Corporation (TSX: MRC) is a major North American real estate and property management company.  It has extensive retail, office, industrial and residential holdings owned directly and through its investment in Morguard REIT (TSX:  MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN).  Morguard also provides real estate management services to institutional and other investors. Morguard's owned and managed real estate portfolio is valued at $15.5 billion.

SOURCE Morguard Corporation

Rai Sahi, Chairman and CEO, Morguard Corporation, T 416-281-3800; Beverley G. Flynn, Secretary, Morguard Corporation, T 416-281-3800