Using single purposes limited partnerships, the Trust will indirectly invest invest in the following:

(a)           invest in the business of single and multi-family residential real estate land acquisition, construction, holding, development and re-sale primarily in the Province of Alberta;

(b)          loan funds on a short to mid-term basis to certain corporations, including those which may be affiliated to the General Partner, or other entities which are in the business of providing trades services or are suppliers in the real estate construction industry, on terms, conditions and for security to be, subject to the approval of the Investment Committee, as provided herein, acting reasonably; and

(c)           invest in primarily residential focused real estate development projects which have already been approved for the requisite zoning required for the development, or in the opinion of the Investment Committee, will obtain the requisite zoning within a reasonable time, and where such investment both projects a reasonable return on investment in its own right, and/or is strategic to securing access to residential building lots or opportunities for the Partnership or such entities in which it invests