About Us

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Company Overview

Cannova Inc. is a Canadian real estate investment and development firm with a mandate to connect qualified international capital — particularly from the Gulf Cooperation Council — with institutional-grade real estate opportunities in Canada. Our team combines deep local market expertise with a thorough understanding of GCC investor expectations, regulatory requirements, and Sharia-aligned structuring where applicable.

Our principals have a combined track record spanning over 20 years in Canadian real estate development, structured finance, and cross-border capital deployment across Toronto, Vancouver, Calgary, and Ottawa

CANNOVA was not built on a theory — it was built on a gap. A gap that Omar Mansoor observed first-hand across more than a decade of operating in Canada, the UAE and Saudi Arabia: GCC capital without a trusted Canadian entry point, and Canadian developers without access to the international equity they needed.

Vision & Mission

The Foundation of CANNOVA Inc.

Vision

"To create a globally integrated platform connecting capital from GCC with structured real estate opportunities in Canada."

  • Transparent investment ecosystem
  • Equity-driven development
  • Sharia-compliant financing
Cannova Visionary Architectural Horizon
Strategic Horizons

Mission

  • Deliver structured development consulting
  • Provide alternative financing solutions (Sharia-compliant)
  • Enable global real estate participation across GCC
  • Build transparent investor governance structures
CANNOVA Corporate Framework

CANNOVA Inc. is a Canadian-registered development consulting and structured finance company founded three years ago to address a persistent and growing gap in the real estate ecosystems of both Canada and the Gulf Cooperation Council (GCC) region. The company was established at the intersection of two powerful, converging forces: Canadian developers increasingly seeking international equity and debt partnerships to fund projects in a tightening domestic capital environment, and GCC investors actively searching for stable, transparent, and Sharia-compliant investment channels in G7 real estate markets.

CANNOVA was not built on a theory — it was built on a gap. A gap that Omar Mansoor observed first-hand across more than a decade of operating in Canada, the UAE and Saudi Arabia: GCC capital without a trusted Canadian entry point, and Canadian developers without access to the international equity they needed.

CANNOVA Corporate Framework

Incorporated with a clear and singular mandate, CANNOVA bridges GCC-sourced equity and debt capital into the Canadian real estate market through two primary regulated vehicles: an independent Lawyer Trust Account (established and managed by Thapliyal & Rai Law Firm, Brampton) and a Mortgage Investment Corporation (MIC) — known as Horizon Capital MIC. These structures provide international investors with institutional-grade protection under Canadian law, while giving Canadian developers and individual borrowers access to alternative financing that is flexible, transparent, and where required, fully Sharia-compliant.

CAD 380M+
Assets Under Management
12
Active Development Projects
20+ Years
Canadian Market Experience
GCC Focused
Investor Relations

WHY CANADIAN REAL ESTATE — A MARKET BUILT FOR GCC CAPITAL

Canada's real estate market offers a combination of fundamentals rarely found in a single jurisdiction: rule of law, title security, strong rental demand, government-backed financing, and a transparent regulatory environment. For GCC investors accustomed to evaluating both risk and yield, Canada presents a compelling case:

  • Canada has set a target to welcome over 500,000 new permanent residents annually through 2025–2027, directly driving housing demand across all major cities.
  • The national housing deficit is estimated at 3.5 million units over the next decade — creating sustained developer pricing power and occupancy rates.
  • Canada's legal system provides full title guarantee, investor-grade contracts, and no arbitrary expropriation risk — hallmarks of AAA sovereign governance.
  • The Canada–UAE and Canada–KSA Double Taxation Avoidance Agreements (DTAA) eliminate double taxation on returns repatriated to GCC investors.
  • CMHC (Canada Mortgage and Housing Corporation) insured debt programs provide capital stack security unavailable in most global markets.
  • Rental vacancy rates in Toronto and Vancouver remain below 1.5%, among the lowest of any major OECD city.
Canadian Real Estate Infrastructure Investment
Market Architecture
The Professionals Who Built CANNOVA

Founding & Leadership

Omar Mansoor
Background Development Consulting — Engineering — Project Management — Finance
Regions Canada — United Arab Emirates — Kingdom of Saudi Arabia
Experience Leadership of key organisations across GCC and Canadian real estate sectors
Focus Bridging GCC equity and debt capital into structured Canadian real estate vehicles

Omar Mansoor

President & Chief Executive Officer

Omar Mansoor brings to CANNOVA a rare and consequential combination of technical expertise, financial acumen and cross-regional leadership experience. With a professional background spanning development consulting, engineering, project management and structured finance, Omar has spent over a decade operating at the intersection of real estate development and capital markets across Canada, the United Arab Emirates and the Kingdom of Saudi Arabia.

Having managed key organisations in the UAE and KSA, Omar developed an acute understanding of GCC capital markets - specifically the investment preferences, risk appetite and Sharia-compliance requirements of institutional investors, sovereign wealth vehicles, family offices and high-net-worth individuals across the Gulf region. Simultaneously, his direct experience in Canadian real estate development gave him visibility into the structural financing gaps faced by developers and the chronic underservice of Muslim borrowers seeking interest-free mortgage solutions.

It was this dual perspective - rooted in both regions - that led Omar to identify a compelling and largely unaddressed opportunity: GCC capital was available and seeking geographically diversified, asset-backed, stable-yield investments; Canadian developers and individual borrowers were actively seeking exactly the type of equity, debt and mortgage solutions that GCC capital could provide. No integrated, regulated and transparent platform existed to connect the two. CANNOVA was his answer.

Omar's specific focus in establishing CANNOVA was to create a regulated, trust-protected mechanism through which GCC equity and debt capital could flow into the Canadian real estate market - via an independent Lawyer Trust Account and a fully regulated Mortgage Investment Corporation - with all the governance, transparency and legal protection required to satisfy both sophisticated international investors and the standards of Canadian financial regulation.

Murarilal Thapliyal
Title Barrister — Solicitor — Senior Partner
Firm Thapliyal & Rai Law Firm (T&R Law)
Location Brampton, Ontario, Canada
Practice Areas Real Estate — Corporate Law — Immigration — Criminal Defence
LSO Regulated Fully regulated by the Law Society of Ontario

Murarilal Thapliyal

Co-Founder & Legal Partner

Mr. Murarilal Thapliyal is a leading lawyer and barrister based in Brampton, Ontario, and one of the most respected legal professionals in the Greater Toronto Area's real estate and corporate law community. With over twelve years of legal practice across real estate, corporate, immigration and criminal law, Mr. Thapliyal brings to CANNOVA an indispensable dimension: the legal architecture, regulatory expertise and independent trustee function that transforms CANNOVA's model from a good idea into an institutionally credible investment platform.

The founding partnership between Omar Mansoor and Mr. Thapliyal was deliberate and strategic. Omar understood that for GCC investors to trust a Canadian real estate platform - particularly one channelling capital across borders and into private development projects - an independent, lawyer-managed trust account overseen by a senior Canadian barrister was not optional. It was essential.

Mr. Thapliyal's firm, Thapliyal & Rai, establishes and manages the Trust Account that sits at the heart of CANNOVA's investor protection model: all GCC investor capital is deposited directly into T&R's Trust Account, held under Canadian law, and disbursed only upon independently certified milestone approvals - never held by CANNOVA itself.

Together, Omar Mansoor and Mr. Thapliyal represent the two pillars upon which CANNOVA was built: operational and financial expertise connecting Canada with the GCC, underpinned by unimpeachable Canadian legal governance protecting every investor's capital.