Walton Group of Companies Media Statement

Walton designs and develops communities places for you, your family and friends to take root and grow. Walton is committed to a responsive, responsible, and relevant approach to land use planning and community development. Walton creates complete communities: places where people can not only live and play, but also work close to home. Our goal is to build sustainable communities that will stand the test of time. There has been much conjecture regarding Walton's open discussions with the City and stakeholders regarding a vision for the future growth of the City. Walton has been engaged in this dialogue since 2008, as reported by various media. We welcome discussions on smart growth and sustainable citybuilding in Ottawa and believe Walton can be a strategic partner with the City through this process. We look forward to continuing to participate in the Citys process and to working collaboratively with the Citys key stakeholders to realize the potential and help shape the future of Ottawa in a positive way. We believe the key component of a well-planned community is sustainability. To that end, we have been an active and respectful participant in the various planning processes and dialogues over the years on how Ottawa could grow into the future (i.e. Planning Committee, Choosing Our Future and Building a Liveable Ottawa... centering on these opportunities). The City has made it clear that no significant additions will be made to the urban boundary for residential land in the short term and Walton respects that perspective. Any proposals made to Council will be public; and to be clear, no current applications exist. Furthermore, there is a clear, transparent and legislative process for applications for any planning and land use approvals to which we must adhere which is clearly outlined by the Province and reiterated by the City. Walton is engaging the City of Ottawa in a discussion on where and how it intends to accommodate growth in the future. Walton desires to be a thought leader for new models for community development that create the complete, sustainable communities, and these opportunities are needed and valued by residents. Walton does intend to participate in the employment lands review currently under way by the City, along with other components of the 2014 Official Plan Review. Walton believes that any additions to the urban boundary should be based on a comprehensive vision. We look forward to studying options and listening to views further.

Walton Group of Companies Background Information

About Walton
Founded by the Doherty Family in 1979 and headquartered in Calgary, the Walton Group of Companies is one of North Americas leading land-based real estate investment and development groups, currently managing more than 13,000 acres of land held in Ontario, including markets in

Niagara Falls, Brant County, Simcoe County and Ottawa. Across North America, Walton manages more than 73,000 acres of land, and 14 development projects. Walton Development and Management consists of 80 professionals with a combined 903 years experience in land use planning and development, managing over $3.6 billion of pre-development and development assets in Alberta, Ontario, Arizona, Texas, Georgia, California, North Carolina, and the Washington DC MSA.

What Sets Walton Apart

As an industry leader, Walton has the capacity to create complete communities where residents can live, work and play. This comes from Waltons ability to create comprehensively designed and complete communities that include a generational view to long-term sustainability. We are committed to a responsive, responsible approach to community development: our communities are designed in collaboration with local residents and governments for the benefit of community stakeholders: homeowners, governments, businesses, employees and investors. We work with local partners to integrate their needs and deliver solutions for whole-community development that will stand the test of time, for present and future generations.

Walton in Ottawa
We are proposing an innovative partnership approach with stakeholders and the City in looking at a future vision for city-building. Ottawa has an opportunity to lead the continent through a smart, sustainable city-building and to the use of a planning approach which is strengthened and conceived around a sustainable model. This model involves creative and innovative infrastructure and transit oriented solutions - a model in which the financing of growth should not be a City or taxpayer responsibility or risk. Growth can pay for itself, if it is in the right form and type, and is delivered through new and innovative approaches. Through the appropriate planning and stakeholder processes, we want to engage the City and envision the kind of opportunities the City has and the realm of opportunity in the future. Walton has the capacity, strategic land holdings and a holistic approach to community development to partner with the City and the community in such a City building endeavor. We look forward to working with all stakeholders to realize the opportunity and the potential the art of possible in what the community of the future can be.