Tribe Property Technologies Inc. (TSXV: TRBE) has partnered with Eddy Solutions, a leader in IoT (Internet of Things)-enabled water protection, specializing in water monitoring and leak detection for properties of all types. Tribe has existing relationships with more than 50 real estate developers across Canada. With housing starts in Canada expected to be 250,000 units by the end of fourth quarter in 2021, and projections of around 220,000 units in 2022 and 200,000 units in 2023, there is a tremendous opportunity for smart water metering to become an industry expectation.
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