December 6 - Bob Finnigan elected 2007 GTHBA-UDI President

December 6, 2006

Bob Finnigan elected 2007 GTHBA-UDI President

TORONTO - Bob Finnigan, principal and executive vice-president of Heathwood Homes and The Heron Group was elected 2007 president of GTHBA-UDI at the association's annual general meeting today.
The association represents more than 1,500 member companies involved in every facet of new home building, development and residential renovation throughout the Greater Toronto Area.

Finnigan sees his mandate as working with all levels of government and the association's low- and high-rise builders, developers, professional renovation contractors and associate members to ensure that choice in homeownership continues to be an affordable option in the Greater Toronto Area. "This is especially important as the province looks at implementing the growth plan for the Greater Golden Horseshoe," says Finnigan.

As president Finnigan also sees his role as helping to educate the public on the beneficial role of the industry. "We need to help people understand the role home builders and developers play in making the GTA a great place to live work and play through over $12 billion in annual economic impact and the development of great high- and low-rise communities," commented Finnigan.

With more than 1,500 members, GTHBA-UDI, formed through the merger of the Greater Toronto Home Builders' Association and Urban Development Institute/Ontario is the voice of the residential land development, home building and professional renovation industry in the Greater Toronto Area. We are proudly affiliated with the Ontario and Canadian Home Builders' Associations.

Background

On December 6, 2006, Bob Finnigan, principal and executive vice-president  of Heathwood Homes and The Heron Group, was elected president of GTHBA-UDI. His term as president of the association begins on January 1, 2007. 

Finnigan joined the board in 2002 and has served as chair of the marketing and communications committee, second vice president and first vice president.

Heathwood Homes (www.heathwoodhomes.com), part of the Heron Group of Companies has been a GTHBA-UDI member for over 28 years (since 1979). Heathwood is currently developing over 1,000 homes in seven communities in Ajax, Brampton, Milton, Thornbury, Uxbridge and Whitby.

Now in its fourth decade of operation, The Heron Group has a long-standing history of giving back to the industry with Finnigan's partner Hugh Heron having served as president of the Greater Toronto and Ontario home builders' association as well as serving as director of Canada Mortgage and Housing Corporation.

"I've always loved building. My father was an accountant and not particularly good with his hands so by the time I was a teenager, I'd painted the entire house a few times and replaced the roof.  Construction has always been a great paying job and I worked as a labourer during the summers from the time I was 16 until I finished university.  By my 21st birthday I was earning $10 an hour when the rest of my friends were making just a fraction of that. A great way to make a living," added Finnigan.

Finnigan enjoys skiing, golf, hockey and landscaping. He and his wife Nicolette have two girls, Sydney (12) and Kylie (9).

- 30 -

Note to editors: Photos available on request

For further information:

Suzanna Cohen 
Director of Communications

Stephen Dupuis
Chief Executive Officer