The P3 Files
ncert Properties is a big business. Between 1989 and 1999 it built 80 per cent of the rental housing constructed in Vancouver. With an asset base of $450 million in 2000, it’s now the largest developer of rental housing in Western Canada. Not bad for an enterprise completely controlled by the labour movement. Concert, and its companion enterprise Concert Real Estate Inc., constitute one of the more visible examples of “worker capitalism”, a phenomenon that had its inception in the 1980s and is now flourishing across Canada.