(Bloomberg) -- Real estate manager KingSett Capital Inc. suspended payments to investors in a large Canadian property fund, saying it needs to hoard cash as it deals with the consequences of the sector's long slump.
Derek Decloet is a managing editor with a focus on national news in Canada. He has written for various publications including the Windsor Star, Bloomberg News, BNN Bloomberg, and the Edmonton Journal. Derek's articles cover a range of topics including finance, banking, and economic trends in Canada.