Forward - Looking Information

This website may include “future-oriented financial information” and “financial outlook information” as defined under Canadian securities laws as well as other forward-looking information and forward-looking statements (collectively, the “forward-looking information”) with respect to Alignvest Student Housing Real Estate Investment Trust (the “REIT”) and Canadian Student Living Group Limited Partnership (“CSL”). Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases including, but not limited to, “expects”, “does not expect”, “is expected”, “anticipates”, “does not anticipate”, “plans”, “estimates”, “believes”, “does not believe” or “intends”, or stating that certain actions, events or results may, could, would, might or will be taken, occur or be achieved) are not statements of historical fact and may be “forward-looking information”. This information represents predictions and actual events or results may differ materially.

Forward-looking information may relate to the REIT’s and CSL’s future outlook and anticipated events or results and may include statements regarding respective financial results, future financial position, expected growth of cash flows, business and marketing strategy, budgets, receipt of regulatory approvals such as zoning approvals, anticipated timeline for completion of acquisitions or development of assets, projected costs, projected capital expenditures, taxes, plans, industry trends (including trends in asset prices), anticipated accrual of asset value and growth opportunities. Any forward-looking information contained on this website is based on certain assumptions regarding expected growth, results of operations, performance, industry trends and growth opportunities as described in greater detail in the current offering memorandum of the REIT as may the same may be amended, restated or supplemented from time to time (the “Offering Memorandum”).

While management of the REIT considers these assumptions to be reasonable, based on information available, they may prove to be incorrect. Forward-looking information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the REIT and CSL to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Please refer to the risk factors set out under the heading “Risk Factors” in the Offering Memorandum.

Although the REIT and CSL have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Any forward-looking information contained on the website is current only as of the date such information is posted to the website and the REIT and CSL, their respective trustees, directors, partners, officers and employees, as applicable, disclaim any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, users of this website should not place undue reliance on forward-looking information due to the inherent uncertainty therein.

Forward-looking information and other information contained herein concerning the real estate industry is based on estimates prepared by management of the REIT using data from publicly available industry sources as well as from market research and industry analysis and on assumptions based on data and knowledge of the industry which management believes to be reasonable. While management of the REIT is not aware of any misstatements regarding any industry data or comparables presented herein, industry data and comparables are subject to change based on various factors. Neither the REIT nor CSL has independently verified any of this data from independent third party sources.

Privacy Policy

This informs you of Alignvest Management Corporation and its affiliates (collectively, “Alignvest“) policies on privacy and the steps we take to ensure the protection of your privacy and the confidentiality of your personal information. Alignvest is guided and governed by the Personal Information Protection and Electronic Documents Act (PIPEDA), which regulates the private sector’s collection, use and disclosure of personal information.

Collecting Information:

When collecting personal information from you, we will explain what information we collect and how we intend to use it.

Disclosing Information:

We will only disclose your personal information to other parties where we have your consent or we are required or permitted to do so by law.

Protecting Information:

We will take appropriate steps to protect your information. We will retain your information for as long as it is necessary to provide our services or as required by law or by industry regulations.

Providing Access:

Upon your request, we will provide you with access to your personal information as required by law. We will take reasonable steps to ensure that your personal information is accurate and up-to-date.

Addressing Your Concerns:

We will address and respond to any concern you may have about our handling of your information.

Why We Need Your Information

We are focused on providing advice that is directly applicable and relevant to your circumstances. The more we know and understand about you and your circumstances, the better position we will be in to provide our services. In addition to our commitment to providing you with a certain level of service, industry regulations may require that we obtain a minimum amount of information about you. Therefore, we also ask for certain information when you open an account with us.

Industry standards demand that we know your financial information to help us identify investments and services which are suitable for you. We base investment recommendations and services to you on the information you provide us.

Products and Services

We will use your information to help us serve you better by identifying opportunities and services which may be of use to you. Using this information within Alignvest will help ensure that the information we have on file for you is complete and up-to-date.

Third Parties and Service Providers

With your consent, we may obtain personal information about you from third parties. This information helps us to assess your eligibility for certain products and services.

We may also disclose your personal information to service providers. However, we will ensure that service providers have similar safeguards and a similar privacy policy or that they agree to abide by ours. We are also obliged by law to provide your information to regulatory bodies within the investment industry, to government agencies or law enforcement agencies with a legal right to collect such information, or when we are in receipt of a valid court order or search warrant. As well, we may disclose your personal information as a result of a future transfer or sale of all or part of our business.

Protection of Information

We have appropriate security measures in place to protect your personal information against unauthorized access, use, alteration or destruction. We also provide training to our employees so that they will understand the need for confidentiality when dealing with your information. We retain your information only as long as we need it to provide our services, or as long as industry regulations demand. When we no longer need your information, we will delete electronic records and destroy physical records.

Accuracy of Information

Having accurate personal information about you will enable us to give you the best possible service. We expect that you will provide us with updated information when you move or change telephone numbers, or when there are any other material changes in your information. If you detect any errors in the information you have provided to us (such as the information appearing on your copy of your application form), please let us know immediately.

Your Right to Withdraw Consent

When you sign the documentation required to open your account, you will see that within that documentation is our Privacy Policy. By opening an account with us, you are providing your consent for us to collect, use and disclose your personal information in the ways and for the purposes stated in the Privacy Policy. If at any time you wish to withdraw this consent, please advise us. However, please note that withdrawing consent may mean that we will be unable to provide certain services to you. We will explain any consequences of withdrawing consent, should you choose to do so.

Online Services

When you send us an e-mail, we learn your exact e-mail address as well as any other information you may have included in the e-mail. While we may use your e-mail address to reply to you, we do not make your e-mail address known to anyone outside Alignvest. We may also send certain required information to you via e-mail if you have requested that we do so. At any time you can tell us to stop sending information to you by e-mail. Please keep in mind that information sent via e-mail is generally unencrypted. Please do not send us sensitive or confidential information via e-mail.

Contacting Alignvest 

Alignvest’s Chief Compliance Officer can be reached by email. Our CCO is responsible for training our employees in our privacy policies and for monitoring the fulfillment of our privacy commitments. We invite any client or prospective client to contact our CCO for any additional clarification desired. A client wishing to review his or her personal information in our possession should send a written request to this effect to Alignvest’s Privacy Officer by email.

This informs you of Alignvest Management Corporation and its affiliates (collectively, “Alignvest“) policies on privacy and the steps we take to ensure the protection of your privacy and the confidentiality of your personal information. Alignvest is guided and governed by the Personal Information Protection and Electronic Documents Act (PIPEDA), which regulates the private sector’s collection, use and disclosure of personal information.


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