Morguard Recognized as Canada's Safest Employer in the Retail and Services Category for a Second Year in a Row

MISSISSAUGA, ON, Oct. 29, 2014 /CNW/ - Morguard was recognized as Canada's Safest Employer achieving a back-to-back Gold Award in the Retail and Services category for its commercial portfolio in Canada.  The real estate company also took home a Silver Award in the Wellness category. The two prestigious Awards were presented to Morguard at the Awards Gala on October 28, 2014.

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.

"A second Gold Award validates the company's commitment to performance and risk management at our owned and managed commercial real estate portfolio," said Rai Sahi, Chairman and CEO, Morguard Corporation.  "As a responsible employer, we have made valuable investments in people, programs and procedures in targeted areas including health and safety, wellness, emergency management and business continuity planning. "

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.  With more than 120 million people annually who visit the combined portfolio of shopping centres, office towers and industrial properties, Morguard has taken a leadership role in developing and delivering Occupational Health and Safety (OHS) programs by taking proactive measures to make its work places and public spaces safe for all.

"We recognize that our programs are only as strong as our employees who drive their success," said Sahi. "We have established strong employee engagement.  Starting from the Risk Management Group that develops the programs to every staff member responsible for implementing the programs at the property level, our team is empowered for success. There is a direct and measurable impact on the performance of the portfolio because of their efforts."

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 more than $15 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