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              [html]<thead><tr><td>We are increasing our geographic</td></tr></thead><tbody><tr><td>diversification by expanding our</td></tr><tr><td>apartment ownership outside Atlantic</td></tr><tr><td>Canada. Over the last four years we have</td></tr><tr><td>invested approximately $ 200 million in</td></tr><tr><td>apartments located in Ontario and at the</td></tr><tr><td>end of 2013 owned 1.359 units in three</td></tr><tr><td>core Ontario markets : Ottawa, Toronto and</td></tr><tr><td>Southwestern Ontario. Our long - term goal</td></tr><tr><td>is to have 50 % of our earnings generated</td></tr><tr><td>outside Atlantic Canada. We plan to</td></tr><tr><td>achieve this by focusing future acquisition</td></tr><tr><td>and development activity in Ontario, and</td></tr><tr><td>potentially Western Canada.</td></tr><tr><td>Annual Apartment Net Operating and Equity Income from Atlantic Canada and Ontario</td></tr><tr><td>$ millions</td></tr><tr><td>__IIIII Atlantic Canada_II || Ontario</td></tr><tr><td>$ 80</td></tr><tr><td>$ 70</td></tr><tr></tr><tr></tr></tbody>
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