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Smoothwater Capital owns 34.25% of the issued and outsanding shares of Genesis Land Development Corp. (TSX:GDC)​.

Genesis Land Development Corp. is an integrated, award-winning land developer and residential home builder creating innovative and successful communities in the Calgary Metropolitan Area. Genesis reports its activities as two business segments: land development and home building. Land development involves the acquisition of land held for future development, and the planning, servicing and marketing of residential, commercial, industrial and urban communities. Home building includes the acquisition of lots, and the construction and sale of single- and multi-family homes. The common shares of the Corporation are listed for trading on the Toronto Stock Exchange under the symbol “GDC”.

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Latest News


June 9, 2015: Smoothwater Announces Additional Investment in Genesis​

Smoothwater Early Warning Report SEDAR Filing​


May 14, 2015: Genesis-Smoothwater 2013 Standstill Expires

Smoothwater Early Warning Report SEDAR Filing​​


March 26, 2015: Genesis ​Reports Exceptional ​2014 Year End Results - Supports Company Entering Challenging 2015​


March 26, 2015: Genesis Land Development Corp. Adopts Advance Notice By-Law


November 6​, 2014: Genesis Announces 2014 Third Quarter ​​Results - Home building Profitability and Revenue Strengthen​​


October 22, 2014: Genesis Seeking Partner or ​Purchaser for Sage Hill Town-Centre Mixed-Use Commercial Development Site​ in Calgary 


October 21, 2014: Smooothwater Capital Corporation - Press Release​​​

Smoothwater Early Warning Report SEDAR Filing​​​


October 14, 2014: Genesis to Acquire $52.5 million of Land for a New Master-Planned Community in Rapidly Growing Southeast Calgary​


September 5, 2014: GMP Prospective Report: The growing book of Genesis


August 7, 2014: Genesis Reports 2014 Second Quarter Results 


June 10, 2014: Genesis Announces Declaration of $5.4 Million Special Dividend 


May 15, 2014: Genesis Reports Voting Results of Election of Directors


May 13, 2014: Genesis Reports 2014 First Quarter Results


March 28, 2014: Genesis Reports 2013 Year End Results and Strategic Plan


March 3, 2014: Genesis Announces $14.0 million Sale of Non-Core Acheson Site


September 23, 2013: Genesis Reports Voting Results of Election of Directors​