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, <www.canadasbest.com>, and its business-to-consumer on-line Internet reservation system, <www.canadream.com>, 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