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Women and money: Taking control of your personal finances May 11th
They’re “Mom” to their kids and “boss” to everyone else. Across Canada, women continue to break the glass ceiling in their careers and in business. We’re occupying more board seats at public companies—more than a quarter in 2022, compared to just over 20% in 2020, according to the most.... More »
Backlash grows for ‘selfish millionaire’ who got vaccine meant for Indigenous people - The Guardian + MORE Jan 27th
Backlash grows for ‘selfish millionaire’ who got vaccine meant for Indigenous people The GuardianBusiness exec and his wife charged after flying into remote Canadian town to get Covid-19 vaccine, officials say CNNB.C. couple accused of flying to Yukon to get vaccinated must.... More »
Businesses and Pest Management + MORE Jun 26th
Paying off the mortgage is crucial for growing your wealth!
The Ins and Outs of Running a Business
No one ever said that running a business was a simple thing. It’s actually the opposite of simple. If you want to soar as an entrepreneur in this world, then you have to put a lot of thought into.... More »
90 days - 2.00% + MORE Nov 4th
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online..... More »
Making sense of the markets this week: July 14, 2024 Jul 12th
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Are U.S. rate cuts on the way?
While Canada’s inflation rate is obviously at the forefront around decision making.... More »
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
CPPIB acquires 39 per cent stake in Europe car park operator
– theglobeandmail.com
The Canada Pension Plan Investment Board will pay $546-million to buy a stake in Interparking, one of Europe’s largest car park management companies
CPPIB buys 39% stake in Europe’s Interparking for equivalent of $546M
– canadianbusiness.com
TORONTO – The Canada Pension Plan Investment Board has signed a deal to acquire a 39 per cent stake in Interparking, one of Europe’s largest parking lot management companies, for about $546 million.
Under the deal, CPP Investment Board European Holdings will pay 376 million euros to acquire the stake from AG Real Estate, which will retain a 51 per cent interest.
PARKIMO, an existing shareholder, will keep its 10 per cent holding.
Based in Brussels and with operations across nine countries in Europe, Interparking owns 657 car parks in 350 cities.
“Interparking is a good fit with our infrastructure program because of the relatively stable, predictable cash flows available through its geographically diversified portfolio of high quality car parks, and this aligns well with CPPIB’s exceptional long-term investment horizon,” said Andre Bourbonnais, senior vice-president, head of private Investments, CPPIB.
The Canada Pension Plan Investment Board invests the money not needed by the Canada Pension Plan to pay current benefits on behalf of 18 million Canadian contributors and beneficiaries…
Under the deal, CPP Investment Board European Holdings will pay 376 million euros to acquire the stake from AG Real Estate, which will retain a 51 per cent interest.
PARKIMO, an existing shareholder, will keep its 10 per cent holding.
Based in Brussels and with operations across nine countries in Europe, Interparking owns 657 car parks in 350 cities.
“Interparking is a good fit with our infrastructure program because of the relatively stable, predictable cash flows available through its geographically diversified portfolio of high quality car parks, and this aligns well with CPPIB’s exceptional long-term investment horizon,” said Andre Bourbonnais, senior vice-president, head of private Investments, CPPIB.
The Canada Pension Plan Investment Board invests the money not needed by the Canada Pension Plan to pay current benefits on behalf of 18 million Canadian contributors and beneficiaries…
Weekend Readings
– IntelligentSpeculator.net
General Readings
-How Russian hackers stole the Nasdaq @ BusinessWeek
Tech Stock Readings
-Kara Swisher, a tech journalist legend @ NYMag
-Amazon a friendly giant as long as its getting fed @ NYT
-Uber, Lyft and reinventing the ride @ NYT
-Box, Uber and 29 cent tacos @ joshhannah.com
The post Weekend Readings appeared first on Intelligent Speculator.
-How Russian hackers stole the Nasdaq @ BusinessWeek
Tech Stock Readings
-Kara Swisher, a tech journalist legend @ NYMag
-Amazon a friendly giant as long as its getting fed @ NYT
-Uber, Lyft and reinventing the ride @ NYT
-Box, Uber and 29 cent tacos @ joshhannah.com
The post Weekend Readings appeared first on Intelligent Speculator.
