residential investments

Electric rates will soar for five years, manufacturers say

Electric rates will soar for five years, manufacturers say
A report prepared for Canadian Manufacturers and Exporters says Ontario power prices will rise 7 to 8 per cent annually for five years
Read more on Toronto Star
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5-star resort in North provides quiet getaway

5-star resort in North provides quiet getaway
MANILA, Philippines – Feel like going on a quiet getaway somewhere near the sea where no one can bother you? Then take a cue from stressed out city folk and foreigners who have been going to a quiet 5-star resort up north for some serious R & R the [...]

Plantation gets new owner

Plantation gets new owner
Amelia Island Plantation is expected to become part of the Omni Hotel group after it emerges from bankruptcy, probably on Thursday. TRT Holding Co. was high bidder for the resort at a court-sponsored auction Monday, bidding $67.1 million to best two other bidders.
Read more on Fernandina Beach News-Leader
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NIPSCO electric bills will go up 10 percent

NIPSCO electric bills will go up 10 percent
If you’re a customer of the Northern Indiana Public Service Co., you can expect to pay an additional 10 percent on your electricity bill, likely starting later this year. For the first time in 20 years, the Indiana Utility Regulatory Commission allowed NIPSCO Wednesday to adjust its basic [...]

BMO Financial Group Reports Solid Results for its Third Quarter, Earning $669 Million of Net Income

BMO Financial Group Reports Solid Results for its Third Quarter, Earning $669 Million of Net Income
TORONTO, ONTARIO–(Marketwire – Aug. 24, 2010) – BMO Financial Group (TSX:BMO)(NYSE:BMO) and BMO Bank of Montreal – /
Read more on Marketwire
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Property The world’s frothiest On current trend, affluent, over-crowded Singapore will one day become the most …

Property The world’s frothiest On current trend, affluent, over-crowded Singapore will one day become the most …
AMONG Singaporeans, life often evolves around one thing – property, especially private ones. For most people, it is a big factor that determines how well or badly they can live in this over-crowded city, so everyone strives to own [...]

St. Paul kick-starts its future

St. Paul kick-starts its future
Mayor Chris Coleman announced an initiative to spend public money to revive stalled projects.
Read more on Minneapolis-St. Paul Star Tribune
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Firm Capital Mortgage Investment Trust Announces Monthly Cash Distributions

Firm Capital Mortgage Investment Trust Announces Monthly Cash Distributions
TORONTO, ONTARIO–(Marketwire – Aug. 18, 2010) – Firm Capital Mortgage Investment Trust (the “Trust”) (TSX:FC.UN), announced its monthly cash distribution of $0.078 per unit for the Unit holders of record as per the following:
Read more on Marketwire
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Quebec N-station repair delayed amid AECL uncertainty

Quebec N-station repair delayed amid AECL uncertainty
Hydro-Québec is pushing back the revamp of its Gentilly-2 nuclear station amid the continuing uncertainty of Atomic Energy of Canada Ltd. Canada’s largest utility said Monday it would delay work on the facility by one year, to 2012.
Read more on National Post
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Rossi Reports Record Growth and Profit, Net Income Surges to R$109 Million

Rossi Reports Record Growth and Profit, Net Income Surges to R$109 Million
Rossi, one of Brazil’s leading real estate developers and builders, announces its results for second quarter 2010. The company’s net income for the period more than doubled to a total of R$109 million, an increase of 114% compared to second quarter 2009.
Read more on [...]


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