Revenue by Segment

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Asset Management	97.40M	67.39M	-	-	-
Asset Management Growth	44.53%	-	-	-	-
Western Canada Community Development	220.29M	261.01M	-	-	-
Western Canada Community Development Growth	-15.60%	-	-	-	-
Other Investments	45.14M	199.82M	-	-	-
Other Investments Growth	-77.41%	-	-	-	-
Income Properties	100.12M	96.30M	-	-	-
Income Properties Growth	3.96%	-	-	-	-
Recurring Income	-	-	213.34M	167.99M	116.77M
Recurring Income Growth	-	-	27.00%	43.86%	26.60%
Development	-	-	173.60M	175.78M	209.16M
Development Growth	-	-	-1.24%	-15.96%	-18.10%
Total	462.95M	624.51M	386.95M	343.77M	325.92M
Total Growth	-25.87%	61.39%	12.56%	5.48%	-6.24%

Source: S&P Global Market Intelligence.