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Over to You, Tom Jul 30th
ObamaCare gave enormous discretion to regulators. Now Team Trump must use it to help insurance consumers..... More »
What types of insurance do I really need and which can I live without? Oct 7th
Life, disability, critical illness. The world of insurance can be confusing. A financial planner weighs in on the ones you might want to consider..... More »
Canadian Mortgage Debt Improving: CMHC Q3 Report + MORE Dec 1st
Canada Mortgage and Housing Corporation (CMHC) has released their 3rd quarter results, and they indicate Canadian home buyers are doing a better job of managing their mortgage debt. The Crown corporation, which offers mortgage loan insurance and securitization guarantee programs, finds the new ave.... More »
How mortgage lending has changed over the years + MORE Jun 11th
OTTAWA – The federal government has moved several times in recent years to restrict mortgage lending. Here’s a quick look at some of the changes Ottawa has made:
Feb. 15, 2016: The minimum down payment for new government-backed insured mortgages increases from five per cent to 10 per cent for th.... More »
Laneway homes raise insurance concerns + MORE Sep 20th
(Joe Wolf/Creative Commons)
TORONTO – Soaring real estate costs are pushing some Canadian cities to embrace laneway housing, touted as the future of affordable living in urban centres.
But as the properties become more popular and balloon in value, questions are beginning to arise about whether cu.... More »
Companies abandon ambitious plan for solar energy plants in African, Middle Eastern deserts
– canadianbusiness.com
BERLIN – It sounded like a good idea: build massive solar energy plants in the deserts of North Africa and the Middle East to supply Europe with 15 per cent of its electricity needs by 2050.
But the consortium behind the ambitious plan has now admitted defeat following disagreements over funding and persistent political instability in the desert nations where the plants were going to be built.
The Desertec Industrial Initiative announced Tuesday that it is going to focus on consulting others after most of its former backers pulled out, including German insurance company Muenchener Rueckversicherung.
The remaining members of the Munich-based consortium are Saudi company ACWA Power, German utility giant RWE and Chinese grid operator SGCC.
The post Companies abandon ambitious plan for solar energy plants in African, Middle Eastern deserts appeared first on Canadian Business.
But the consortium behind the ambitious plan has now admitted defeat following disagreements over funding and persistent political instability in the desert nations where the plants were going to be built.
The Desertec Industrial Initiative announced Tuesday that it is going to focus on consulting others after most of its former backers pulled out, including German insurance company Muenchener Rueckversicherung.
The remaining members of the Munich-based consortium are Saudi company ACWA Power, German utility giant RWE and Chinese grid operator SGCC.
The post Companies abandon ambitious plan for solar energy plants in African, Middle Eastern deserts appeared first on Canadian Business.


