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Calgary council approves plan to revamp downtown with $200M initial investment - CBC.ca Apr 27th
Calgary council approves plan to revamp downtown with $200M initial investment CBC.caCity council approves initial $200M for downtown revitalization effort CTV TorontoCity council approves downtown plan with $200M investment Calgary HeraldCalgary city council approve.... More »
N.S. premier blasts telecom companies in wake of Fiona, calls on Ottawa to step in with regulation - CBC.ca Sep 28th
N.S. premier blasts telecom companies in wake of Fiona, calls on Ottawa to step in with regulation CBC.caProvince Details Financial Support for Those Affected by Hurricane Fiona VOCMStorm Fiona: Mendicino says Tories pushed ‘false info’ with ArriveCan border questions .... More »
12 top personal finance books to read this summer Jun 11th
For obvious reasons, a lot of personal finance and retirement books come my way and, from time to time, we’ve dedicated a particular edition of this column to a single book. This one looks at a dozen noteworthy books I’ve read lately, or plan to—most of them published in the last few years.
If.... More »
Canadian bank earnings forecast bright but housing, NAFTA cloud outlook + MORE Feb 20th
The forecast for Canada's biggest banks is bright thanks to U.S. tax reform and higher interest rates, but as they report first-quarter results this week, domestic mortgage demand and the North American Free Trade Agreement could cloud the long-term outlook, analysts say..... More »
Some foreign buyers get break from tax they face on Vancouver real estate + MORE Mar 17th
A tax on foreign home buyers in Metro Vancouver is being changed to exempt people who have come to British Columbia as part of the provincial nominee program.
Premier Christy Clark says the exemption is aimed at helping attract skilled workers to the province, particularly in the tech sector.
The go.... More »
Gap says Banana Republic creative director steps down amid disappointment results
– canadianbusiness.com
NEW YORK, N.Y. – The creative director for Gap’s Banana Republic brand is stepping down after 18 months in that role.
The move announced Thursday comes as the chain, which also operates Old Navy and Gap stores, reported a sharp drop for a key revenue measure in September for the upscale brand. It marked the third-straight month of declines that were all in the double digits.
Marissa Webb, who was hired to re-energize the Banana Republic brand and is known for her oversized jackets, will transition into a creative-adviser role “affording her more time to focus on her own collection,” Gap Inc. said in a statement. The company said that it will continue to be a minority investor in Web’s label M Webb LLC. The move will be effective Oct. 16.
The San Francisco-based retailer also offered a disappointing outlook on profitability for the current quarter.
It stock fell $1.50, or 5.2 per cent, to $27.45 during aftermarket trading. Through the close of regular-session trading Thursday, the stock is down 31 per cent since the beginning of the year…
The move announced Thursday comes as the chain, which also operates Old Navy and Gap stores, reported a sharp drop for a key revenue measure in September for the upscale brand. It marked the third-straight month of declines that were all in the double digits.
Marissa Webb, who was hired to re-energize the Banana Republic brand and is known for her oversized jackets, will transition into a creative-adviser role “affording her more time to focus on her own collection,” Gap Inc. said in a statement. The company said that it will continue to be a minority investor in Web’s label M Webb LLC. The move will be effective Oct. 16.
The San Francisco-based retailer also offered a disappointing outlook on profitability for the current quarter.
It stock fell $1.50, or 5.2 per cent, to $27.45 during aftermarket trading. Through the close of regular-session trading Thursday, the stock is down 31 per cent since the beginning of the year…
Daily Deal Roundup: CPI Card’s IPO struggles, CPPIB’s latest bet and the ‘red herring’ for Valeant
– theglobeandmail.com
Mergers, acquisitions, private equity and venture capital deals from Canada and around the world
Things to know about Chicago’s Tribune Tower as it goes up for sale
– canadianbusiness.com
CHICAGO – A 36-story Chicago landmark, the Tribune Tower, is up for sale. Tribune Media Co. announced Thursday that it has hired real estate investment banking firm Eastdil Secured to explore a sale or find a partner to help redevelop the building, which is home to the Chicago Tribune. Tribune Media phrased the move as an exploration of “strategic monetization alternatives.” The building sits on 3 acres along Chicago’s Michigan Avenue. Here are some features of the historic edifice that make it significant:
MONUMENT TO ‘THE COLONEL’
News mogul Robert R. McCormick, known as the Colonel, became president of Tribune Company in 1911. To mark the 75th anniversary of the Chicago Tribune, McCormick held an international design competition to create “the most beautiful office building in the world,” with a $50,000 prize for the winner. A renowned eccentric who directed Tribune editors to use his own system of spelling, McCormick requested secret doors and passages in case the building was ever stormed…
MONUMENT TO ‘THE COLONEL’
News mogul Robert R. McCormick, known as the Colonel, became president of Tribune Company in 1911. To mark the 75th anniversary of the Chicago Tribune, McCormick held an international design competition to create “the most beautiful office building in the world,” with a $50,000 prize for the winner. A renowned eccentric who directed Tribune editors to use his own system of spelling, McCormick requested secret doors and passages in case the building was ever stormed…
Oil prices briefly broke through the $50 US mark Thursday afternoon, buoying the Canadian dollar and boosting the energy sector on Toronto’s stock market.
Trudeau open to Bombardier foreign investor
– canoe.ca
Liberal Party leader Justin Trudeau, in a tight race to be the country’s next prime minister, said on Thursday his party is open to foreign investment in Bombardier Inc as long as it protects the country’s interests.
