Morguard
Morguard Corporation is a fully integrated real estate company based in Mississauga, Ontario, Canada. Founded in 1905, it transitioned to real estate in the 1990s under CEO Rai Sahi. Morguard manages a diverse portfolio of high-quality commercial, residential, and hospitality properties, with total assets valued at $18.7 billion. The company operates through three main business lines: direct investments in real property, real estate investment trusts (REITs), and advisory and investment services. Its REITs include Morguard REIT, focused on Canadian commercial real estate, and Morguard North American Residential REIT, which specializes in multi-suite residential assets. Morguard also offers asset management, development, acquisitions, and customized investment strategies for institutional and private clients. With approximately 1,100 professionals, Morguard has a significant presence across major markets in Canada and the U.S., managing 32.4 million square feet of space.
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Headcount trend
Morguard went from 645 employees in Jul 2023 to 689 in Jun 2025. Jan to Jun 2025: 43 people joined, 20 left.
Headcount data through Jun 2025
Org structure
Headcount by department
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Morguard FAQ
How many employees does Morguard have?
Morguard has about 689 employees, up 2.4% over the 3 months to Jun 2025.
What is Morguard's revenue per employee?
Morguard makes about $1.16M in revenue per employee, based on $796.13M annual revenue and 689 employees.
Is Morguard a public company?
Yes. Morguard is publicly traded under the ticker MRC.TO on TSX.
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.