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Canada Needs Housing, Housing Needs Clearford

Affordable housing starts with engineered solutions tailored to meet the environmental and affordability objectives for the community.

Water and wastewater management are one of the essential services required to support housing supply. Clearford can provide help with land development opportunities that are outside of traditionally serviced urban areas, which is an important component of meeting construction goals for affordable housing.

Housing shortages and affordability concerns have been major headlines in Canadian news, and according to an article written by the CBC, “two-thirds of the supply gap is found in Ontario and British Columbia, two markets that have faced major declines in affordability”.1 Expanding the housing supply is not a linear path – it’s often time- and cost-prohibitive for traditional municipal urban infrastructure. When it comes to working with property owners, land developers, and condominium corporations, Clearford zeroes in on affordability. This is part of our foundation – building reliable and genuine relationships with our clients and the communities we serve while protecting public health and the environment.

When building outside of denser urban settings—in suburban, peri-urban, village and rural areas—property developers can rely on Clearford to cost-effectively operate decentralized treatment facilities. Whether a site has existing water services connected to an on‑site treatment plant, to a municipal line, or no water connection at all, Clearford’s team tailors its service offering to meet the development demands with in-house engineering and operations expertise.

In the town of Carp near Ottawa, Ontario, Clearford has done just that. Existing water and wastewater servicing were sustainable for the town core, but not expandable for new residences under the local municipality’s planning and infrastructure framework. Clearford’s expertise in delivering decentralized water and wastewater services was a perfect fit for the new 1,000-acre community of affordable family homes.

A multi-phase approach and modular design grants flexibility in the build process and ensures increasing demand is continuously met with sensitivity to project financing constraints. Clearford operations has supported the client through each development phase with critical recommendations for improving efficiency and achieving regulatory requirements as well as collaborating with municipalities to meet level-of-service and reporting standards.

Supporting our client in Carp and other property developers seeking to build affordable communities is critical to curbing the housing supply gap. Clearford puts forth the effort to support communities in navigating the technical and regulatory complexities of water infrastructure management and ultimately, makes affordable housing more accessible.

Footnotes

1 https://www.cbc.ca/news/canada/toronto/housing-affordability-cmhc-report-2030-1.6498898

About Clearford Water Systems Inc.
Clearford Water Systems Inc. is a provider of unified water management solutions for the design, build, finance, operation and maintenance of water and wastewater infrastructure systems. The Company’s technology-based water solutions include Clearford One® wastewater infrastructure systems, Clearford M-brane™ packaged treatment solutions, and a full range of UV Pure® water disinfection products. Clearford is the winner of the Frost & Sullivan 2017 Enabling Technology Leadership Award for Global Decentralized Water & Wastewater Treatment. For more information on Clearford Water Systems, please visit www.clearford.com.

Forward Looking Statements
This news release contains certain statements that constitute forward-looking statements as they relate to the Company and its management. Forward-looking statements are not historical facts but represent management’s current expectation of future events, and can be identified by words such as “believe”, “expects”, “will”, “intends”, “plans”, “projects”, “anticipates”, “estimates”, “continues” and similar expressions. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that they will prove to be correct.

By their nature, forward-looking statements include assumptions and are subject to inherent risks and uncertainties that could cause actual future results, conditions, actions or events to differ materially from those in the forward-looking statements. If and when forward-looking statements are set out in this news release, Clearford will also set out the material risk factors or assumptions used to develop the forward-looking statements. Except as expressly required by applicable securities law, the Company assumes no obligation to update or revise any forward looking statements. The future outcomes that relate to forward-looking statements may be influenced by many factors, including, but not limited to: industry cyclicality; the ability to secure third party agreements; successful integration of Clearford’s system with third party technology; competition; reduction in demand for products; collection from customers; relationships with suppliers; product liability; intellectual property; reliance on key personnel; environmental; interest rates; uninsured and underinsured losses; operating hazards; risks of future legal proceedings; income tax matters; credit facilities; availability and terms of financing; distribution of securities; restrictions on potential growth; effect of market interest rates on price of securities; and potential dilution.

For more information contact:
Kevin Loiselle, President & CEO
Clearford Water Systems Inc.
Phone: 613 599 6474 ext. 303
www.clearford.com

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