News and Events

February 06, 2008

CanaDream Corporation Acquires Land and Building

CanaDream will finance the entire purchase price by a Royal Bank of Canada twenty year mortgage. The mortgage rate will be set on May 1, 2008, the anticipated closing date for the purchase.

CanaDream is a Canadian tourism company that is utilizing its proprietary business-to-business web-enabled system, <>, and its business-to-consumer on-line Internet reservation system, <>, to operate and expand its network of RV rental locations in Canada. CanaDream maintains six Company-operated locations in Calgary, Vancouver, Whitehorse, Toronto, Montreal, and Halifax. The Company is also leveraging its proprietary technology to build a franchised network of associate dealers that are fully interconnected to CanaDream’s e-commerce systems.

CanaDream currently has one associate dealer franchisee in Kelowna, British Columbia..

For further information, please contact:

Mr. Brian Gronberg, President & CEO, CanaDream Corporation
Toll Free: 800-461-7638