Artificial Intelligence
Builders Company
Developers/Cardel Homes
CH
Cardel HomesCalgary, Canada · founded 1974 · 2 active markets
PRIVATE

Cardel builds new single-family homes, duplexes, townhomes, condominiums and mixed-use communities for homebuyers across Alberta, Ontario, Colorado and Florida. Its family-run, privately held model combines land development, design services, and move-in-ready or customizable construction for households seeking quality new homes.

Years in business
52
founded 1974
LinkedIn headcount
200 (LinkedIn); 400 (2023 press); 309 (Growjo estimate)
employees, as shown on LinkedIn · LinkedIn page read 2026-10-11; press published March 28, 2023; Growjo page read 2026-10-11 · size band 201–500
Portfolio value
null 101.8 million cumulative project value
as the company states it
Units delivered
more than 20,000 homes
as the company states it
Projects last researched October 11, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Cardel Homes Inc1
Headquarters
180 Quarry Park Blvd SE, Calgary, Canada
Founded
1974
Entity type
PRIVATE
Business model
offplan for sale1, masterplan1, mixed use1
Markets
2 markets listed
What they build
Residential, for sale (5 of 5)
Full dossier in About →

Delivery record

4 date-assessed of 5 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
5
within the rolling ten-year window
Median delay
+0.3 mo
the middle of 4 scored projects
Average delay
+2.1 mo
the same projects, pulled by the worst
Average time to deliver
—
1 delivered project with a dated start — needs 3
Worst slip
+11.5 mo
Walgrove Place · +5.0 to +18.0
3
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
0
red rows below

Against other developers

4 date-assessed here · 49 developers, 239 date-assessed projects in Canada
Median delay
Cardel Homes·49 developers in Canada
+0.3 mo vs +8.0 mo
this developer 7.7 mo better
The typical project on each side.
Average delay
Cardel Homes·49 developers in Canada
+2.1 mo vs +12.7 mo
this developer 10.6 mo better
Both pulled by their worst few.
On time
Cardel Homes·49 developers in Canada
75% vs 44%
this developer 31 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Projects and timelines in Track Record →

Resident experience

2 of 5 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
6.6/ 10
Weighted judgment across build and operations · from 2 of 2 rated buildings
Little structure evidence (1 of 2 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
7.0/ 10
Fabric, services, waterproofing, envelope · from 1 of 2 rated buildings
Management & living
6.6/ 10
Upkeep, response times, amenities, community · from 2 of 2 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in Canada yet to compare against.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • FINANCIAL DISTRESS Filed October 12, 2018; reported October 16, 2018 On October 12, 2018, Cardel Clocktower Limited Partnership and Cardel Master Builder Inc.—entities associated with Cardel Homes’ Colorado operations and established for the Clocktower project—filed for Chapter 11 bankruptcy after construction-defect lawsuits; each reported $1 million–$10 million owed to fewer than 50 creditors. Cardel Homes stated that the project was complete and that the filings did not affect its ongoing or planned projects, so this finding concerns the project entities rather than a finding that the Calgary parent defaulted.
  • LEGAL Claim filed September 2018; reported February 19, 2019 A September 2018 statement of claim reported in February 2019 alleged that Panorama West’s developer/general contractor entities were negligent over water ingress and construction deficiencies involving balconies, roofs, windows and the building envelope; the condominium corporation sought $6.5 million, while Cardel Homes and Cardel Lifestyles declined comment because litigation was pending. The claim named Panorama West entities rather than Cardel Homes itself, although Cardel marketed the project.
  • LEGAL Reported February 27, 2019; repair problems identified in a 2016 report Lighthouse Landing condo owners faced a special assessment of about $2.83 million after engineering findings that hundreds of balconies had deteriorated from improper waterproofing; the condominium corporation filed a civil lawsuit against Cardel Homes and other parties, and the report said the matter had not been resolved at publication.
  • 5 more in Risk & Sources
Record status
active
Company sources
71 source entries across 69 fields
Projects tracked
5 · 5 completed in assessment
All flags and sources →

Track Record

Delivery record

4 date-assessed of 5 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
5
within the rolling ten-year window
Median delay
+0.3 mo
the middle of 4 scored projects
Average delay
+2.1 mo
the same projects, pulled by the worst
Average time to deliver
—
1 delivered project with a dated start — needs 3
Worst slip
+11.5 mo
Walgrove Place · +5.0 to +18.0
3
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
0
red rows below

Against other developers

4 date-assessed here · 49 developers, 239 date-assessed projects in Canada
Median delay
Cardel Homes·49 developers in Canada
+0.3 mo vs +8.0 mo
this developer 7.7 mo better
The typical project on each side.
Average delay
Cardel Homes·49 developers in Canada
+2.1 mo vs +12.7 mo
this developer 10.6 mo better
Both pulled by their worst few.
On time
Cardel Homes·49 developers in Canada
75% vs 44%
this developer 31 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
The market here is Canada: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

5 of 5 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Calgary, Canada
201620172018201920202021202220232024202520262027todayCALGARY, CANADA−3.5 moverified−0.5 moverifieddates under review+11.5 moverified+1 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 dated statement is held back: a broker listing with no date on it, or a page with no year, cannot fix a date.

Building & Livability Ratings

Resident experience

2 of 5 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
6.6/ 10
Weighted judgment across build and operations · from 2 of 2 rated buildings
Little structure evidence (1 of 2 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
7.0/ 10
Fabric, services, waterproofing, envelope · from 1 of 2 rated buildings
Management & living
6.6/ 10
Upkeep, response times, amenities, community · from 2 of 2 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in Canada yet to compare against.

By building

2 rated · 3 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Cranston Ridge — Building 4000Cranston, Calgary56 units
7.0/ 10
—/ 10
7.0/ 10

No applicable published aggregate rating was found for Building 4000, so the score is based on the four individual written reviews actually read. All four were positive, which points toward the upper end of the prose-only range, but the small sample and its sales/post-purchase context warrant a conservative 7.0 rather than the maximum prose-only score.

+ Well-regarded finishes+ Nine-foot ceilings+ Large windows+ Heated underground parking
+ Responsive post-sales service+ Helpful sales staff+ Quiet setting+ Welcoming neighbours+ Heated underground parking
− Strict patio/bylaw enforcement

The available written feedback is positive but largely sales or move-in feedback rather than technical inspection evidence. Reviewers praised “beautiful homes,” reported only “small touch ups” at the pre-possession walkthrough, and the project material describes quartz counters, luxury vinyl plank flooring, nine-foot ceilings and large windows; no recurring structural or systems failure was published in the material read.

The four directory reviews praise staff and service: reviewers described the team as “very accommodating,” “very professional,” and said concerns were addressed “right away.” The strongest contrary operational report is a 2020 CTV account of a Cranston Ridge condo-board dispute over a patio lattice, including proposed $500 and $1,000 fines; this is a single reported governance dispute, not evidence of a recurring building-wide problem.

Sage Place — final buildingSage Hill, Calgary48 units
6.2/ 10
7.0/ 10
6.2/ 10

The building-specific place listing publishes the largest and only qualifying aggregate found: 3.9/5 from 11 reviews, which converts to 6.7/10 under the requested curve. One 2024 review reports a serious security and management failure, so the overall and living assessments are reduced to 6.2; older praise supports a positive but less current structural assessment, while no current engineering or systems rating was published.

+ Impeccable construction reported+ Few minor inspection items reported+ Independent air ventilation specified+ Low-emissivity windows specified
+ Quiet setting+ Easy Stoney Trail commute+ Helpful Cardel staff reported+ Nearby grocery and shopping access
− Unresponsive management− Security guard/elevator access failure

The only direct physical-condition review evidence located is an older resident report describing construction as “impeccable” and saying there were “few (minor) items” on the inspection report. The 2016 project reporting also describes independent air ventilation, nine-foot ceilings and low-emissivity windows, but those are original specifications rather than a current condition inspection.

Residents praised Sage Place as “so quiet” with easy commuting via Stoney Trail, and an earlier buyer said everyone involved with Cardel was “extremely helpful.” The latest negative review read reported that management could not be reached, a security guard arrived late without an elevator key, and the resident was told to “just hold the door.”

Only buildings that have reached handover are rated. 3 of 5 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Cardel Homes Inc
Headquarters
180 Quarry Park Blvd SE, Calgary, Canada
Quarry Park · T2C 3G3
Founded
1974
Entity type
PRIVATE
Revenue
null 550 million
March 28, 2023
Business model
offplan for sale, masterplan, mixed use

Offices

head office and 3 others
OttawaCentennialRiverview

Sources: office cities

COMPANYdate not shown in source

Ontario Regional Contact Directory

Cardel Homes
Head Office Suite 200, 301 Moodie Drive, Ottawa, Ontario K2H 9C4
value seen: Ottawa
https://www1.cardelhomes.com/ontario/contact
COMPANYdate not shown in source

Colorado Regional Contact Directory

Cardel Homes
Head Office 9110 East Nichols Ave, Suite 120, Centennial, CO 80112
value seen: Centennial
https://www1.cardelhomes.com/colorado/contact
COMPANYdate not shown in source

Cardel Story - Cardel Homes

Cardel Homes
FLORIDA OFFICE 3160 S. Falkenburg Rd Riverview, FL 33578
value seen: Riverview
https://www.cardelhomes.com/florida/company/cardel-story/

Partners

4 partners
Stepper Homes
joint venture

Cardel partnered with Stepper Homes on Panorama Hills and the Summit of Montreux land development.

Tim Logel
joint venture

Cardel Lifestyles was a partnership with Tim Logel that continued through Logel Homes.

Logel Homes
partner

Logel Homes was part of the initial Silverton builder group.

Genesis Builders
partner

Genesis Builders was part of the initial Silverton builder group.

Sources: partners

PRESS2023-03-28

Cardel Homes marks golden anniversary

Cardel Homes
first in partnership with Stepper Homes, developing Panorama Hills ... and then, the Summit of Montreux
value seen: partnership with Stepper Homes
https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary

Sources: partners

PRESS2023-03-28

Cardel Homes marks golden anniversary

Cardel Homes
Cardel Lifestyles, a partnership with Tim Logel, has recently rebranded as Logel Homes
value seen: partnership with Tim Logel
https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary

Sources: partners

COMPANYdate not shown in source

New Homes in Silverton Calgary: Family Homes in SW

Cardel Homes
Cardel Homes, Genesis Builders and Logel Homes are the first builder group
value seen: Cardel Homes, Genesis Builders and Logel Homes
https://www1.cardelhomes.com/news/vision-for-silverton-is-to-build-an-active-vibrant-community

Registrations & licences

COMPANY NUMBER2013880378
Alberta Corporate Registry · Canada · Amalgamated
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

2 countries
Canadaactive 5 projects tracked
United Statesactive 0 projects tracked

What they build

1 type
Residential, for sale5 of 5
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
CO
Caryl Ockey
Founder who ran Cardel’s design studios and led show-home interior design across North America before retiring.
Current title
Co-founder
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
FounderDesign leadership
It’s almost surreal. The years pass and you just really don’t think about it. It’s gone very quickly. Cardel Homes 2023-03-28https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary?categories=ontario%2Calberta%2Ccolorado%2Cflorida&tag=behind-the-build

Sources: full name

COMPANY2023-03-28

Cardel Homes Celebrates 50 Years of Building Excellence

Cardel Homes
“It’s almost surreal. The years pass and you just really don’t think about it. It’s gone very quickly,” says Cardel’s co-founder Caryl Ockey.
value seen: Caryl Ockey
https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary?categories=ontario%2Calberta%2Ccolorado%2Cflorida&tag=behind-the-build

Sources: quote

COMPANY2023-03-28

Cardel Homes Celebrates 50 Years of Building Excellence

Cardel Homes
“It’s almost surreal. The years pass and you just really don’t think about it. It’s gone very quickly,” says Cardel’s co-founder Caryl Ockey.
value seen: It’s almost surreal. The years pass and you just really don’t think about it. It’s gone very quickly.
https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary?categories=ontario%2Calberta%2Ccolorado%2Cflorida&tag=behind-the-build

Sources: summary

PRESS2023-03-24

Cardel Homes marks golden anniversary

Calgary Herald
Caryl Ockey ... is now retired, but who ran Cardel’s design studios and took the lead on show home interior design across North America.
value seen: Founder who ran Cardel’s design studios and led show-home interior design across North America before retiring.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://calgaryherald.com/life/homes/cardel-homes-marks-golden-anniversary

Sources: tags

COMPANY2023-03-28

Cardel Homes Celebrates 50 Years of Building Excellence

Cardel Homes
says Cardel’s co-founder Caryl Ockey.
value seen: Founder
value paraphrased from this source
https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary?categories=ontario%2Calberta%2Ccolorado%2Cflorida&tag=behind-the-build

Sources: tags

COMPANY2023-03-28

Cardel Homes Celebrates 50 Years of Building Excellence

Cardel Homes
Caryl, who has a passion for art and interior design ... ran Cardel’s design studios and took the lead on show home interior design across North America.
value seen: Design leadership
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary?categories=ontario%2Calberta%2Ccolorado%2Cflorida&tag=behind-the-build

Sources: title

COMPANY2023-03-28

Cardel Homes Celebrates 50 Years of Building Excellence

Cardel Homes
She and her husband, Del, started the company in 1974.
value seen: Co-founder
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary?categories=ontario%2Calberta%2Ccolorado%2Cflorida&tag=behind-the-build
DO
Del Ockey
Co-founder who moved from teaching and industrial-arts work into building Cardel with Caryl. The source reports that he is retired, so current operating responsibility is not established.
Current title
Co-founder
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
FounderFormer teacher

Sources: full name

COMPANY2023-03-28

Cardel Homes Celebrates 50 Years of Building Excellence

Cardel Homes
She and her husband, Del, started the company in 1974.
value seen: Del Ockey
held out of the figures · the quote does not carry this value
https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary?categories=ontario%2Calberta%2Ccolorado%2Cflorida&tag=behind-the-build

Sources: quote

COMPANY2023-03-28

Cardel Homes Celebrates 50 Years of Building Excellence

Cardel Homes
“It was a really big stretch and we did most of the work ourselves. It took us the whole summer and more.
value seen: It was a really big stretch and we did most of the work ourselves.
https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary?categories=ontario%2Calberta%2Ccolorado%2Cflorida&tag=behind-the-build

Sources: summary

PRESS2023-03-24

Cardel Homes marks golden anniversary

Calgary Herald
Del and Caryl are now retired and enjoying the fruits of their labour.
value seen: Co-founder who moved from teaching and industrial-arts work into building Cardel with Caryl. The source reports that he is retired, so current operating responsibility is not established.
held out of the figures · the quote does not carry this value
https://calgaryherald.com/life/homes/cardel-homes-marks-golden-anniversary

Sources: tags

COMPANY2023-03-28

Cardel Homes Celebrates 50 Years of Building Excellence

Cardel Homes
Del and Caryl are now retired ... Their sons Ryan and Damon ... are now deeply invested in the company.
value seen: Founder
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary?categories=ontario%2Calberta%2Ccolorado%2Cflorida&tag=behind-the-build

Sources: tags

PRESS2023-03-24

Cardel Homes marks golden anniversary

Calgary Herald
Del was a junior and senior high school teacher with a strong background in the industrial arts.
value seen: Former teacher
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://calgaryherald.com/life/homes/cardel-homes-marks-golden-anniversary

Sources: title

COMPANY2023-03-28

Cardel Homes Celebrates 50 Years of Building Excellence

Cardel Homes
In the fall of 1974, only 14 months after they had begun to build the home on Willow Park Golf Course, Del quit teaching and Cardel Homes was born.
value seen: Co-founder
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary?categories=ontario%2Calberta%2Ccolorado%2Cflorida&tag=behind-the-build
RO
Ryan Ockey
Second-generation family leader who served as Cardel’s President and CEO for more than four decades and, as of October 11, 2026, is Executive Chair supporting long-term growth and strategy. He is credited with scaling the Calgary builder across four regions and more than 20,000 homes.
Current title
Executive Chair
Experience
40+ years with cardel
Companies before
none sourced
Education
Queens UniversityMBA
Other boards
none sourced
Known for
MBA
https://linkedin.com/in/ryan-ockey-732045351
since after more than four decades
We see a bright future. It’s a great place to live. We’ll be building homes here for decades to come. Cardel Homes 2023-03-28https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary?categories=ontario%2Calberta%2Ccolorado%2Cflorida&tag=behind-the-build

Sources: degree

COMPANY2023-03-28

Cardel Homes Celebrates 50 Years of Building Excellence

Cardel Homes
Ryan, who has his MBA from Queens University, credits the company’s successes to its ability to shift gears.
value seen: MBA
https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary?categories=ontario%2Calberta%2Ccolorado%2Cflorida&tag=behind-the-build

Sources: institution

COMPANY2023-03-28

Cardel Homes Celebrates 50 Years of Building Excellence

Cardel Homes
Ryan, who has his MBA from Queens University, credits the company’s successes to its ability to shift gears.
value seen: Queens University
https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary?categories=ontario%2Calberta%2Ccolorado%2Cflorida&tag=behind-the-build

Sources: full name

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
Ryan Ockey will retire as President and CEO after more than four decades with Cardel. He will transition to Executive Chair.
value seen: Ryan Ockey
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin

Sources: linkedin page

SOCIAL2026-10-06

Ryan Ockey

LinkedIn
President and CEO at The Cardel Group of Companies ... President and CEO - Cardel Homes.
value seen: https://linkedin.com/in/ryan-ockey-732045351
https://linkedin.com/in/ryan-ockey-732045351

Sources: quote

COMPANY2023-03-28

Cardel Homes Celebrates 50 Years of Building Excellence

Cardel Homes
“We see a bright future. It’s a great place to live. We’ll be building homes here for decades to come.”
value seen: We see a bright future. It’s a great place to live. We’ll be building homes here for decades to come.
https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary?categories=ontario%2Calberta%2Ccolorado%2Cflorida&tag=behind-the-build

Sources: since

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
Ryan Ockey will retire as President and CEO after more than four decades with Cardel.
value seen: after more than four decades
value paraphrased from this source
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin

Sources: summary

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
As Executive Chair, Ockey will work with Collin and the Board to support Cardel’s long-term growth and strategy.
value seen: Second-generation family leader who served as Cardel’s President and CEO for more than four decades and, as of October 11, 2026, is Executive Chair supporting long-term growth and strategy. He is credited with scaling the Calgary builder across four regions and more than 20,000 homes.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin

Sources: tags

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
Ryan Ockey will retire as President and CEO after more than four decades with Cardel.
value seen: 40+ years with Cardel
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin

Sources: tags

COMPANY2023-03-28

Cardel Homes Celebrates 50 Years of Building Excellence

Cardel Homes
Ryan, who has his MBA from Queens University, credits the company’s successes to its ability to shift gears.
value seen: MBA
value paraphrased from this source
https://www1.cardelhomes.com/news/cardel-homes-marks-golden-anniversary?categories=ontario%2Calberta%2Ccolorado%2Cflorida&tag=behind-the-build

Sources: title

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
As Executive Chair, Ockey will work with Collin and the Board to support Cardel’s long-term growth and strategy.
value seen: Executive Chair
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin
AR
Andrew Ross
The Cardel Board chair, publicly identified in the September 2026 leadership announcement. The available source establishes his governance role and his assessment of Ryan Ockey’s transformational tenure, but does not provide a fuller independent biography tied unambiguously to Cardel.
Current title
Chair of the Cardel Board of Directors
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
nothing tagged
On behalf of the Board, I want to express our profound gratitude to Ryan for his transformational leadership of Cardel over a career tenure spanning over 40 years. Cardel Homes 2026-09-04https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin

Sources: full name

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
said Andrew Ross, Chair of the Cardel Board of Directors.
value seen: Andrew Ross
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin

Sources: quote

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
“On behalf of the Board, I want to express our profound gratitude to Ryan for his transformational leadership of Cardel over a career tenure spanning over 40 years,” said Andrew Ross, Chair of the Cardel Board of Directors.
value seen: On behalf of the Board, I want to express our profound gratitude to Ryan for his transformational leadership of Cardel over a career tenure spanning over 40 years.
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin

Sources: summary

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
On behalf of the Board, I want to express our profound gratitude to Ryan for his transformational leadership of Cardel ... said Andrew Ross, Chair of the Cardel Board of Directors.
value seen: The Cardel Board chair, publicly identified in the September 2026 leadership announcement. The available source establishes his governance role and his assessment of Ryan Ockey’s transformational tenure, but does not provide a fuller independent biography tied unambiguously to Cardel.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin

Sources: title

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
said Andrew Ross, Chair of the Cardel Board of Directors.
value seen: Chair of the Cardel Board of Directors
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin
CC
Craig Collin
President and CEO from October 5, 2026, after serving as an independent Cardel director since January 2025. His track record includes nearly 25 years at PulteGroup and nine years leading Tavistock’s diversified real-estate platform.
Current title
President and CEO
Experience
no career length stated
Companies before
PulteGroupTavistock Development Company
Education
Toronto Metropolitan University
Other boards
United Arts of Central Florida
Known for
ex-PulteGroupex-Tavistock
https://linkedin.com/in/craig-collin-39063316
since effective October 5, 2026
I am deeply honored by the opportunity to lead Cardel and appreciate the confidence that Ryan and the Board have placed in me. Cardel Homes 2026-09-04https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin

Sources: institution

PRESS2025-04-30

LEADERS Interview with Craig Collin, President and Chief Operating Officer, Tavistock Development Company

LEADERS
Collin is a graduate of the Toronto Metropolitan University (formerly Ryerson University) in Toronto, Canada.
value seen: Toronto Metropolitan University
https://www.leadersmag.com/issues/2025.2_Apr/PUR/LEADERS_Craig_Collin_Tavistock.html

Sources: full name

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
Craig Collin has been appointed President and CEO, effective October 5, 2026.
value seen: Craig Collin
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin

Sources: linkedin page

SOCIAL2026-10-04

Craig Collin

LinkedIn
President & CEO at Cardel Homes ... Sep 2026 - Present.
value seen: https://linkedin.com/in/craig-collin-39063316
https://linkedin.com/in/craig-collin-39063316

Sources: other boards

PRESS2025-04-30

LEADERS Interview with Craig Collin, President and Chief Operating Officer, Tavistock Development Company

LEADERS
Collin sits on the boards for the United Arts of Central Florida, National Renewable Energy Lab (NREL) Innovation Incubator, U.S. Green Building Council (USGBC) of Central Florida and Cardel Homes.
value seen: United Arts of Central Florida
https://www.leadersmag.com/issues/2025.2_Apr/PUR/LEADERS_Craig_Collin_Tavistock.html

Sources: quote

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
“I am deeply honored by the opportunity to lead Cardel and appreciate the confidence that Ryan and the Board have placed in me.
value seen: I am deeply honored by the opportunity to lead Cardel and appreciate the confidence that Ryan and the Board have placed in me.
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin

Sources: since

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
Craig Collin has been appointed President and CEO, effective October 5, 2026.
value seen: effective October 5, 2026
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin

Sources: summary

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
Most recently, Collin has spent nine years as President of Tavistock Development Company, where he has led a real estate platform that includes office, residential, multi-family, hospitality, retail and industrial assets.
value seen: President and CEO from October 5, 2026, after serving as an independent Cardel director since January 2025. His track record includes nearly 25 years at PulteGroup and nine years leading Tavistock’s diversified real-estate platform.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin

Sources: tags

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
He spent close to 25 years with PulteGroup.
value seen: ex-PulteGroup
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin

Sources: tags

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
Most recently, Collin has spent nine years as President of Tavistock Development Company.
value seen: ex-Tavistock
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin

Sources: title

COMPANY2026-09-04

Ryan Ockey and Craig Collin | Cardel Leadership Update

Cardel Homes
Craig Collin has been appointed President and CEO, effective October 5, 2026.
value seen: President and CEO
https://www1.cardelhomes.com/news/ryan-ockey-to-transition-to-executive-chair-cardel-group-of-companies-names-craig-collin
GG
Greg Graham
COO responsible for company-wide leadership, strategic direction, land acquisition, strategic financing and operating oversight across Cardel’s four regions. Before Cardel he held senior roles at NetActive Technologies, the Ottawa Senators Hockey Club, Palladium Corporation and Terrace Investments, including work on the Canadian Tire Centre.
Current title
Chief Operating Officer
since January 2017
Experience
no career length stated
Companies before
NetActive TechnologiesOttawa Senators Hockey ClubPalladium CorporationTerrace InvestmentsCanadian Imperial Bank of Commerce
Education
University of Western Ontario
Other boards
Tarion Corporation
Known for
COO since January 2017ICD.D
https://linkedin.com/in/greg-graham-icd-d-and-pro-dir-501946
We were looking for long-term growth opportunities, stability within a market so that we can stay there and be there long-term. Construction In Focus 2023-09-05https://constructioninfocus.com/2023/09/built-for-real-life/

Sources: institution

PRESS2022-06-08

GOHBA Recognizes Outstanding Members with Special Achievement Awards

Greater Ottawa Home Builders’ Association
Born and raised in Brockville, Ontario, Mr. Graham graduated from the University of Western Ontario in 1981.
value seen: University of Western Ontario
https://www.gohba.ca/2022/06/08/gohba-recognizes-outstanding-members-with-special-achievement-awards/

Sources: full name

PRESS2022-06-08

GOHBA Recognizes Outstanding Members with Special Achievement Awards

Greater Ottawa Home Builders’ Association
Greg Graham was appointed Chief Operating Officer of the Cardel Group of Companies in January 2017.
value seen: Greg Graham
https://www.gohba.ca/2022/06/08/gohba-recognizes-outstanding-members-with-special-achievement-awards/

Sources: linkedin page

SOCIAL2026-06-19

Greg Graham ICD.D and Pro. Dir.

LinkedIn
Chief Operating Officer at Cardel Group of Companies.
value seen: https://linkedin.com/in/greg-graham-icd-d-and-pro-dir-501946
https://linkedin.com/in/greg-graham-icd-d-and-pro-dir-501946

Sources: other boards

PRESS2022-06-08

GOHBA Recognizes Outstanding Members with Special Achievement Awards

Greater Ottawa Home Builders’ Association
Greg currently sits on the Boards of Directors of Tarion Corporation and Cardel Group of Companies.
value seen: Tarion Corporation
https://www.gohba.ca/2022/06/08/gohba-recognizes-outstanding-members-with-special-achievement-awards/

Sources: previous companies

PRESS2022-06-08

GOHBA Recognizes Outstanding Members with Special Achievement Awards

Greater Ottawa Home Builders’ Association
Over the past 40+ years and prior to joining Cardel Homes, Greg served in various senior level management positions, including his role as an executive with NetActive Technologies; the Ottawa Senators Hockey Club; Palladium Corporation and Terrace Investments ... He started his career with the Canadian Imperial Bank of Commerce.
value seen: NetActive Technologies
value paraphrased from this source
https://www.gohba.ca/2022/06/08/gohba-recognizes-outstanding-members-with-special-achievement-awards/

Sources: previous companies

PRESS2022-06-08

GOHBA Recognizes Outstanding Members with Special Achievement Awards

Greater Ottawa Home Builders’ Association
Over the past 40+ years and prior to joining Cardel Homes, Greg served in various senior level management positions, including his role as an executive with NetActive Technologies; the Ottawa Senators Hockey Club; Palladium Corporation and Terrace Investments ... He started his career with the Canadian Imperial Bank of Commerce.
value seen: Ottawa Senators Hockey Club
value paraphrased from this source
https://www.gohba.ca/2022/06/08/gohba-recognizes-outstanding-members-with-special-achievement-awards/

Sources: previous companies

PRESS2022-06-08

GOHBA Recognizes Outstanding Members with Special Achievement Awards

Greater Ottawa Home Builders’ Association
Over the past 40+ years and prior to joining Cardel Homes, Greg served in various senior level management positions, including his role as an executive with NetActive Technologies; the Ottawa Senators Hockey Club; Palladium Corporation and Terrace Investments ... He started his career with the Canadian Imperial Bank of Commerce.
value seen: Palladium Corporation
value paraphrased from this source
https://www.gohba.ca/2022/06/08/gohba-recognizes-outstanding-members-with-special-achievement-awards/

Sources: previous companies

PRESS2022-06-08

GOHBA Recognizes Outstanding Members with Special Achievement Awards

Greater Ottawa Home Builders’ Association
Over the past 40+ years and prior to joining Cardel Homes, Greg served in various senior level management positions, including his role as an executive with NetActive Technologies; the Ottawa Senators Hockey Club; Palladium Corporation and Terrace Investments ... He started his career with the Canadian Imperial Bank of Commerce.
value seen: Terrace Investments
value paraphrased from this source
https://www.gohba.ca/2022/06/08/gohba-recognizes-outstanding-members-with-special-achievement-awards/

Sources: previous companies

PRESS2022-06-08

GOHBA Recognizes Outstanding Members with Special Achievement Awards

Greater Ottawa Home Builders’ Association
Over the past 40+ years and prior to joining Cardel Homes, Greg served in various senior level management positions, including his role as an executive with NetActive Technologies; the Ottawa Senators Hockey Club; Palladium Corporation and Terrace Investments ... He started his career with the Canadian Imperial Bank of Commerce.
value seen: Canadian Imperial Bank of Commerce
value paraphrased from this source
https://www.gohba.ca/2022/06/08/gohba-recognizes-outstanding-members-with-special-achievement-awards/

Sources: quote

PRESS2023-09-05

Built for Real Life

Construction In Focus
“We were looking for long-term growth opportunities, stability within a market so that we can stay there and be there long-term.
value seen: We were looking for long-term growth opportunities, stability within a market so that we can stay there and be there long-term.
https://constructioninfocus.com/2023/09/built-for-real-life/

Sources: since

PRESS2022-06-08

GOHBA Recognizes Outstanding Members with Special Achievement Awards

Greater Ottawa Home Builders’ Association
Greg Graham was appointed Chief Operating Officer of the Cardel Group of Companies in January 2017.
value seen: January 2017
https://www.gohba.ca/2022/06/08/gohba-recognizes-outstanding-members-with-special-achievement-awards/

Sources: summary

PRESS2022-06-08

GOHBA Recognizes Outstanding Members with Special Achievement Awards

Greater Ottawa Home Builders’ Association
As COO, Greg is responsible for providing company-wide leadership, strategic direction and oversight of land acquisition and strategic financing; as well as operational management to drive continued growth and profitability ... in Florida, Colorado, Alberta, and Ontario.
value seen: COO responsible for company-wide leadership, strategic direction, land acquisition, strategic financing and operating oversight across Cardel’s four regions. Before Cardel he held senior roles at NetActive Technologies, the Ottawa Senators Hockey Club, Palladium Corporation and Terrace Investments, including work on the Canadian Tire Centre.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.gohba.ca/2022/06/08/gohba-recognizes-outstanding-members-with-special-achievement-awards/

Sources: tags

PRESS2022-06-08

GOHBA Recognizes Outstanding Members with Special Achievement Awards

Greater Ottawa Home Builders’ Association
Greg Graham was appointed Chief Operating Officer of the Cardel Group of Companies in January 2017.
value seen: COO since January 2017
value paraphrased from this source
https://www.gohba.ca/2022/06/08/gohba-recognizes-outstanding-members-with-special-achievement-awards/

Sources: tags

PRESS2022-06-08

GOHBA Recognizes Outstanding Members with Special Achievement Awards

Greater Ottawa Home Builders’ Association
Greg holds his ICD.D and Prof. Dir. Board Certifications.
value seen: ICD.D
https://www.gohba.ca/2022/06/08/gohba-recognizes-outstanding-members-with-special-achievement-awards/

Sources: title

PRESS2022-06-08

GOHBA Recognizes Outstanding Members with Special Achievement Awards

Greater Ottawa Home Builders’ Association
Greg Graham was appointed Chief Operating Officer of the Cardel Group of Companies in January 2017.
value seen: Chief Operating Officer
https://www.gohba.ca/2022/06/08/gohba-recognizes-outstanding-members-with-special-achievement-awards/

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

5 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Cranston Ridge — Building 4000Calgary, Canada
Cranston
residential for sale5614—————Sep 2019 – Nov 2019Jan 2019 – Dec 2019−3.5 mo
(−10.0 to +3.0)
sourcedcompleted
Walden Place — Building 3Calgary, Canada
Walden
residential for sale———————Jun 2019 – Aug 2019Jan 2019 – Dec 2019−0.5 mo
(−7.0 to +6.0)
sourcedcompleted
Walden Place — Building 4Calgary, Canada
Walden
residential for sale———————Mar 2022 – May 2022Jan 2019 – Dec 2019dates under reviewdates under reviewcompleted
Walgrove PlaceCalgary, Canada
Walden
residential for sale—4———2016February 5, 2016Jun 2017 – Aug 2017Jan 2018 – Dec 2018+11.5 mo
(+5.0 to +18.0)
sourcedcompleted
Sage Place — final buildingCalgary, Canada
Sage Hill
residential for sale481——————May 2017 – Jun 2017Jan 2017 – Dec 2017+1.0 mo
(−5.0 to +7.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

7 found
PROJECT AWARD Winner 2018; reported April 20, 2019
Community of the Year · Shawnee Park
Cardel Homes won the 2018 Community of the Year award for Shawnee Park, where it was both developer and single-family homebuilder.
PROJECT AWARD Winner 2018; reported April 20, 2019
Show Home Parade of the Year · Shawnee Park
Cardel Homes won the 2018 Show Home Parade of the Year award for Shawnee Park.
PROJECT AWARD Finalist 2023 awards; announced April 20, 2024
Best Interior Decorating: Single Family · The Cascade2
Cardel Homes was listed as a finalist in the 2023 BILDCR Best Interior Decorating category for The Cascade2.
PROJECT AWARD Finalist 2023 awards; announced April 20, 2024
Show Home Parade of the Year · Shawnee Park by Cardel Homes
Cardel Homes was listed as a finalist in the 2023 BILDCR Show Home Parade of the Year category for Shawnee Park.
PROJECT AWARD Finalist 2023 awards; announced April 20, 2024
New Community of the Year · Silverton by Cardel Homes
Cardel Homes was listed as a finalist in the 2023 BILDCR New Community of the Year category for Silverton.
PROJECT AWARD Finalist 2024 awards; announced April 5, 2025
Best Design Centre · Cardel Designs
Cardel Homes was listed as a finalist in the 2024 BILDCR Best Design Centre category for Cardel Designs.
PROJECT AWARD Finalist 2025 awards; announced April 11, 2026
Best Sales and Information Centre – Detached · Metro One
Cardel Homes was listed as a finalist in the 2025 BILDCR Best Sales and Information Centre – Detached category for Metro One.

Risks

Risk flags

8 found
FINANCIAL DISTRESS Filed October 12, 2018; reported October 16, 2018
On October 12, 2018, Cardel Clocktower Limited Partnership and Cardel Master Builder Inc.—entities associated with Cardel Homes’ Colorado operations and established for the Clocktower project—filed for Chapter 11 bankruptcy after construction-defect lawsuits; each reported $1 million–$10 million owed to fewer than 50 creditors. Cardel Homes stated that the project was complete and that the filings did not affect its ongoing or planned projects, so this finding concerns the project entities rather than a finding that the Calgary parent defaulted.
LEGAL Claim filed September 2018; reported February 19, 2019
A September 2018 statement of claim reported in February 2019 alleged that Panorama West’s developer/general contractor entities were negligent over water ingress and construction deficiencies involving balconies, roofs, windows and the building envelope; the condominium corporation sought $6.5 million, while Cardel Homes and Cardel Lifestyles declined comment because litigation was pending. The claim named Panorama West entities rather than Cardel Homes itself, although Cardel marketed the project.
LEGAL Reported February 27, 2019; repair problems identified in a 2016 report
Lighthouse Landing condo owners faced a special assessment of about $2.83 million after engineering findings that hundreds of balconies had deteriorated from improper waterproofing; the condominium corporation filed a civil lawsuit against Cardel Homes and other parties, and the report said the matter had not been resolved at publication.
LEGAL Court of Appeal reasons September 18, 2009; case heard May 21, 2009
In a 2009 Alberta Court of Appeal matter, an arbitrator ordered Cardel Construction Ltd., operating as Cardel Homes, to pay homeowners $250,000 for construction-defect repairs; Cardel’s appeal application was denied and its subsequent appeal was abandoned. This is an older matter outside the rolling window, included because it remains a directly documented judgment involving the Cardel Homes trading name.
SAFETY / LABOUR Event evidence: deficiencies became known around December 2017 and the claim was filed in September 2018; source published February 19, 2019.
Panorama West, a Calgary condominium marketed by Cardel Homes, was subject to a $6.5-million civil claim alleging water ingress and deficiencies in balconies, roofs, windows and the building envelope; the reported defendants included Panorama West Ltd. and Panorama West Limited Partnership rather than Cardel Homes itself, and the partnership had been dissolved.
SAFETY / LABOUR Repair investigation evidence from 2016; source published February 27, 2019.
Lighthouse Landing, developed by Cardel Homes in Calgary between 2005 and 2009, had hundreds of deteriorating or rotten balconies requiring extensive rebuilding and repairs, a roughly $2.8-million special assessment, and a civil lawsuit against Cardel Homes and other parties that CBC reported remained unresolved at publication.
FINANCIAL DISTRESS Bankruptcy filed October 12, 2018; dismissal reported February 27, 2019 and case closed May 8, 2019; source article published October 16, 2018.
Cardel Clocktower Limited Partnership and Cardel Master Builder Inc., entities associated with Cardel Homes’ completed Clocktower community in Highlands Ranch, filed Chapter 11 after construction-defect lawsuits; Cardel said the project was fully completed and that the bankruptcy did not affect ongoing or planned Cardel projects, while the bankruptcy case was later dismissed and closed.
RISK Case and appellate proceedings in 2009; outside the rolling window but included as older unresolved/material-failure history.
In an older Alberta case, Cardel Construction Ltd., operating as Cardel Homes, was ordered through arbitration to pay homeowners $250,000 for construction-defect repairs; its appeal was abandoned and the Alberta Court of Appeal dealt with the resulting costs in 2009, establishing an older material failure but not a current project-status finding.

Record status

active
Coverageactive
Tracked sinceOctober 11, 2026
Last checkedOctober 11, 2026 this month
Profile last researchedOctober 11, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.