operating model. Unlike many developers who rely on large contingencies, the company consistently caps contingencies at three percent, even during early development stages. “We never add more than three percent contingency,” L’Espérance says. “The price we give is the price we finish with. There are no surprises.” This confidence is grounded in deep, hands-on operational expertise, supported by engaged leadership and a highly experienced in-house team. With a background spanning the trades, architecture, general contracting, and development, Stéphane L’Espérance sets a clear vision and rigorous standards while remaining closely involved in project execution. This proximity to the field enables early identification of technical challenges, swift decision-making, and consistent alignment between design, construction, and cost control. “My role is to set the direction and ensure the right decisions are made at the right time,” he explains. 40 JAN 2026 | BUSINESS ELITE CANADA
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