LETTER TO UNITHOLDERS Dear Unitholders, On a solid foundation of some of the most affordable rents in Canada, our commitment of delivering the best product quality, service and experience to our Resident Members was rewarded in 2021 with strong operating results. Our key performance metric, Funds from Operations (“FFO”) per Unit result of $2.94 was 7.3% higher than the year before, and compounds on our current track record of FFO growth through difficult economic conditions.
SAM KOLIAS Chairman and Chief Executive Officer
“ Boardwalk is well-positioned in our core markets with some of the most affordable rents in Canada, and continuing to lead in providing the best value in housing to our Resident Members.”
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