THE PARTNERSHIP

The Partnership

For over half a century, the Tsuut’ina Nation has devoted substantial effort towards economic development and strategic planning. The culmination of this extensive work has resulted in a transformative partnership with Canderel for the planning, financing, and development of Taza, located along the path of the Stoney/Tsuut’ina Trail Southwest Ring Road. Both Tsuut’ina and Canderel have approached this partnership with a commitment to mutual respect, honesty, and transparency. This fundamental ethos has set the stage for Taza Development Corp. to fulfill an extraordinary endeavor that promises to bring about profound and lasting positive change for the community.

Taza Development Corp.

Taza Development Corp. is a joint venture between Canadian real estate company Canderel and the Tsuut’ina Nation, a reserve home to over 2,300 community members adjacent to the City of Calgary, Alberta. Over the next 25+ years, their 20-member team, governed by a Board of Directors, will oversee the development of three distinct yet interconnected villages—Taza Park, The Crossing and Buffalo Run—on 1,200 acres of land, bringing about significant social and economic prosperity to the community, while solidifying its place as a key player in Canada’s real estate market.

Old Tom, Tsuu T'ina Nation. Image: Harry Pollard / Provincial Archives of Alberta

Tsuut’ina Nation

The Tsuut’ina Nation has a rich and enduring history, with roots predating the establishment of the City of Calgary and the Province of Alberta. Since the signing of Treaty 7 with the Crown in 1877, the Tsuut’ina people have maintained a fully independent culture and have made significant strides in progress and innovation. Governed by a Chief and Council, the Tsuut’ina Nation operates its own Administration, Business, and Service programs, including Tosguna (Police), the Tsuut’ina Fire Department, Public Works, and Civic Services.

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History

The 2013 agreement between the Tsuut’ina Nation and the Province of Alberta marked a significant milestone in the history of Indigenous and government relations in Canada. The agreement paved the way for the construction of the Southwest extension of the Calgary Ring Road through Tsuut’ina land, demonstrating a commitment to collaboration and mutual benefit. This partnership not only addressed the crucial infrastructural needs of the region, but also provided an opportunity for economic development and growth for the Tsuut’ina Nation.

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Canderel

Canderel is a prominent player in the Canadian real estate industry, specializing in investment, development, and asset and property management. With offices in major cities across the country, including Montreal, Ottawa, Toronto, Calgary, Edmonton and Vancouver, the company has a substantial management portfolio exceeding 80 million square feet. Since its establishment in 1975, Canderel has completed projects valued at over $20 billion, demonstrating a track record of successful acquisitions, developments, and management.

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