Over the last little while,
there have been some very interesting stories that I have seen produced in the
media. I'm going to write about a number of them below that I found
interesting.
You may have noticed that
what I published over the last little while was much more personal than
discussing media stories. But, that is the kind of column that I am writing now.
I deliberately chose NOT just to write as if my website was only a news media
outlet. It is not one of those anymore.
Of course, I do like
writing about interesting news events. That is after all what I find to be an
important part of my life. I do not intend to ever give that up. However, it is
not my total life at all. There are a lot of things going on that I would like
to talk about that have no relationship to "news" events. To be
direct, I want people to know about matters that have impacted me, sometimes
quite negatively, that could one day be important to one of my friends who reads
my column.
So please excuse me if you
don't see the kind of column you may have always expected to see written by me.
I will try very hard to make all of my columns of interest to you, dear reader,
regardless of what the subject is.
OVERSEAS MONEY BEING
MADE
It appears as if Canada may
not be the only place for Canadian Pension Funds to invest their money that they
get in every month from pensioners. I have no idea if this investment type will be a "key" one in
the future either. Take a look at this story of the pension funds that have
invested in the Oil Industry:
"Canadian pension funds are
bolstering their European private equity offices with a series of new hires as
they look to increase their exposure to private equity in
Europe...
Meanwhile, Omers Private
Equity, the private equity investment arm of the $77 billion Omers pension plan,
also has plans to grow its European team. The team, which has largely done deals
in the UK and Benelux, is broadening its investment remit to include companies
in Germany.
Mark Redman, executive vice
president and global head of private equity at Omers Private Markets, said: “We
have now reached the stage in Omers Private Equity’s development in Europe, some
six years after we opened our European office in London, when a potential
expansion to cover German-speaking Europe represents the next logical step in
our strategy...”
In addition, Caisse de
dépôt et placement du Québec, a Canadian institutional investor, has also
bolstered its London team in 2016." (William Louch, Financial News May 9, 2016)
With the storm that is
going on in Western Canada now, it will be interesting to see how much money is
needed by oil companies to fix up any disasters to their facilities out there.
Will the Canadian Pension Funds be asked to provide those funds and if so, would
they agree?
MORTGAGE RATE
DISCOUNT
If you are an RBC DOMINION
SECURITIES INC. customer, you might want to take a serious look at getting a
mortgage through them especially if you're looking for one or your mortgage may
have to be renewed shortly. What the heck, if you want to borrow cheap money,
there are ways that it can be done using their mortgage:
"RBC Royal Bank offers
personal assistance from knowledgeable mortgage specialists who are here to
help. As a RBC DS Client you get special discounted rates."
I saw what a couple of the
rates on a four-year and five-year deal are and I agree that the rates are
pretty good.
Give them a call and see if
it make sense to you.
I AM "FEELING THE HOPE,"
MS. JARVIS
Actually, I've been feeling
it for a very long time before, long before her column of May 8, 2016. And also
attempts being made to suggest that steps should be taken to promote it in this
area for the benefit of citizens so that unemployment would be reduced
dramatically. I frankly expected that Governments at the different
levels would be of assistance and great success. However, I have not seen very
much Government involvement to create this:
"And now?
The unemployment rate has
plummeted to 6.4 per cent, lower than the national average of 7.1 per cent,
lower than the Ontario average of seven per cent... We’re no longer the
Unemployment Capital of Canada. We have the 12th lowest rate among the 34 cities
that Statistics Canada tracks monthly. In a remarkable reversal of fortune, our
unemployment rate is significantly lower than once-booming, oil-rich Calgary’s,
which is 8.3 per cent...
“Windsor’s unemployment
rate is certainly dropping faster than anybody else’s in Canada. That’s without
question,” said Western University economist Mike Moffatt.
The number of people
without jobs in this city has fallen for five straight months, down 3.5
percentage points since December, down five points from one year ago. The number
of people working has risen for at least four straight months. Between March and
April, 2,600 more people were working." (Anne Jarvis, Windsor Star, May 8, 2016)
What is also interesting in
her story is that, other than her reference to the more than 1200 jobs created
in the Fiat Chrysler plant, she has not really told us how jobs are being
created and by whom. If she had, presumably it would have been a
way to boost industry in our area even more.
GUESS WHO WILL WIN THIS
BATTLE IN WINDSOR
I have no idea what is
going to happen and who the winner will be but I will let you make your decision
yourself, dear reader. After all, there were many articles about this site
recently to help you assess the situation:
"Fate of Abars hangs with
looming city council decision
Both the heritage committee
and council will be asked to either give approval for the bar-restaurant to be
torn down or instead declare it a designated heritage site that would force its
owners to make necessary repairs to preserve the 112-year-old building
originally known as the Island View Hotel...
Ambassador Bridge owner Matty
Moroun purchased the property over a decade ago and allowed it to continue its
food and drink operations. But he shuttered the bar earlier this year in a
rental dispute with its business owners...
After the heritage
committee makes its recommendation Monday, Calhoun expects the demolition
request will next be in front of council for a final decision a month
later.
If council decides to
designate Abars as a heritage site, the process would take about three months to
complete during which the bridge company could appeal to a provincial body that
makes the final decision.
Once designation is in
place, Moroun would be forced to repair the building and its heritage features
in accordance with the city’s bylaw property standards, Calhoun
said."
I wonder what your view is,
dear reader, about who the winner will be.
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