The company has a real estate portfolio totalling approximately in municipalities across Canada. The initial portfolio included many properties formerly controlled by the Canadian National Railway Company, which was privatized in 1995. Most of these properties were highly hazardous, and the CLC took care of their decontamination and redevelopment. The remediation of the CN's Shop Yard in Moncton, New Brunswick is often touted as one of the CLC's success, as they recycled 4000 tons of scrap metal, removed 120 000 tons of lead contamination and 30 000 tons of wood, and installed a kilometre of pipes and drainage. This work "turned a vacant ‘eye sore’ into a place for community and business activity." This portfolio subsequently increased in size as the Department of National Defence (DND) began closing military bases across the country after the end of the Cold War. In the 1990s, government officials floated the idea using these DND surplus lands for public services such as social housing. CLC purchased several former DND bases that were closed during this process, and it later began to redevelop them. Today, after being handled by the CLC, these ex-military bases are, for the most part, pricey residential units. Of its original portfolio when the company was re-activated in 1995, 70% had been sold by 2006. Current projects Canada Lands Company's current real estate projects include: Wateridge Village/Village des Riverains, Ottawa, Ontario (in development) Village at Griesbach, Edmonton, Alberta (in development) Currie, Calgary, Alberta (in development) Shannon Park, Dartmouth, Nova Scotia Jericho Lands, Vancouver, British Columbia (in partnership with the Musqueam, Squamish, and Tsleil-Waututh Nations) Heather Street Lands, Vancouver, British Columbia Downsview Redevelopment, Toronto, Ontario (in partnership with Northcrest of PSP Investments, planning started in 2020) Canada Lands Company's completed major real estate developments include: Les Bassins du Nouveau Havre, Montreal, Quebec Benny Farm, Montreal, Quebec Moncton Sportsplex, Moncton, New Brunswick River's Edge, Chilliwack, British Columbia Garrison Crossing, Chilliwack, British Columbia Garrison Woods, Calgary, Alberta Garrison Green, Calgary, Alberta Indigenous relation CLC land is sometimes used to resolve Indigenous specific land claims. An example of this is the 2014 transfer of the Jericho lands in urban Vancouver to three First Nations groups (the Musqueam, Squamish, and Tsleil-Waututh nations). The land deal is worth 237 million Canadian dollars. As part of its joint venture with the Algonquins of Ontario, the CLC is redeveloping the site at 299 Carling Avenue. Canada Lands entered into