No fire yet, but Investors Group Real Property Fund may be in trouble. The Property Fund was assigned a “Mechanics Lien Notice” for improvements done at 5201 Ladner Trunk Road, Delta, BC. This is the site of what used to be a Boston Pizza before they pulled out. The building has plastered windows at this [...]
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If anyone has been following the storey of the Brick Group Income Fund (BRK.UN) then you should be familiar with the drop in value during the height of the recession from the $8 mark back at in mid 2008 to the $0.60 mark in July 2009. This rough ride has taken the company from a [...]
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If you live on the west coast of British Columbia in a Forestry town than you should be very familiar with the cyclical cycles of the Forestry Industry. You will know when the sector is picking up again far before any bum on Wall Street or Bay Street. Take a look at a local logging [...]
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The CEO of Telus (T.TO), Darren Entwistle, recently announced that he will be exchanging his 2010 Salary for Shares of Telus. Supposedly he is so confident in the future of the company that he is willing to forgo his cash salary. Is this a dubious ploy by the company to attempt to snap the downward [...]
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Finally, the oligopoly of Bell, Telus, and Rogers is to be shaken by a new national competitor in the Canadian Wireless market, Globalive Wireless Management Corporation. Get ready for lower cellular phone plan rates Canada as the Canadian Government agrees with consumers—Wireless Prices in Canada are Too High. No longer will the likes of the [...]
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Some investment advisors are great and can improve your investment returns 10 fold while lowering your risk; however, the overwhelming majority are prize idiots that are no better than a used car salesman in a fancy suite. This list of questions is meant to help you weed out the knowledgeable and skilled financial advisors from [...]
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The famed Montreal Canadians hockey team has been sold to the Molson brothers for a reported $575 million. The team’s board of governors approved the sale on Tuesday. The sale includes the iconic team, the Bell Centre arena, and the Gillette Entertainment Group. Geoff Molson will become the chairman and chief executive officer.
George N. Gillett [...]
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