VANCOUVER - The Squamish Nation says Vancouver-based developer Westbank Corp. has sold its entire stake in its massive Senakw housing project, which broke ground in 2022 backed by a $1.4 billion federal loan for construction.

A statement from the nation says OPTrust, which manages one of Canada's largest pension funds, has acquired Westbank's share in the project's first two phases as part of a restructured partnership.

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