Peter Portka Appointed Chief Financial Officer of NorZinc
NorZinc VANCOUVER, BC–NorZinc Ltd. has appointed Peter Portka as Chief Financial Officer, effective December 2, 2019, to replace Trevor Cunningham, who will be leaving the Company to pursue new opportunities. Cunningham will be working with the Company in December to support a seamless transition. Portka is a mining financial professional …
TerrAscend Announces Agreement on Two Year Term Loan and Extension to Credit Facility
TORONTO, ON–TerrAscend Corp. the first and only global cannabis company licensed for sales in Canada, the US, and the EU, today announced that it has extended the maturity date of its US$75 million credit facility due December 18, 2019 with funds managed by JW Asset Management LLC for up to …
Turning to low-carbon solutions
By Dana Krechowicz Agriculture and mining are on the front lines of climate change. Why? First, they depend on predictable climatic conditions to ensure stable outputs and operations. Climate change is making it harder for farmers and mining companies to predict operating conditions, which adds additional risks and costs to …
The need for secure digital identities
By John D’Apolito Trust, security and confidence in partners are the fundamental underpinnings of supplier/procurement relationships, especially today’s digital supply chain. For without current information, such as potential red flags or insights into ethical practices, partners will be cautious. These trading relationships require secure digital identities. Enhanced digital identities are …
What’s in store post-election?
By Brendan Read What impacts could the Oct.21 federal election that resulted in a Liberal minority government have on Canada’s asset-backed lending sector? Canadian Equipment Finance reached out to the C.D. Howe Institute for answers, insights and recommendations. Here they are, from Farah Omran, policy analyst and Jeremy Kronick, associate …
New textbook on lease accounting
A new textbook on lease accounting by industry authority Shawn Halladay, managing director of the Professional Development Practice, The Alta Group, is now available. Accounting for Leases: Embracing the New Paradigm provides valuable guidance to both U.S. and international lessors and lessees by covering the many commonalities between ASC 842, …
How tech and flexibility helps farmers
By Curtis Gulka As winter befalls the Canadian landscape, our agriculture customers are working on their businesses. Despite snow-covered fields, winter isn’t an off-season for farmers. Heck, some of them are still harvesting. Beyond that, there’s equipment to maintain and decisions to make, especially when it comes to gearing up …
How Ottawa can fight cyberthreats
By Scott Talbott Technology has transformed our lives in myriad ways. We can send messages, post images, stream videos and effortlessly connect with each other instantaneously. We can take courses, obtain medical diagnoses, shop, read customer reviews and easily compare prices between items online. Entrepreneurs and business owners can now …
Foundation U.S. Report: Cash on hand, interest rates, lowered U.S. financing share
US Market Report The vast majority of American end-user businesses (79 per cent) relied on financing for at least part of their equipment and software acquisitions last year. But underlying this figure is a decline in the propensity to finance equipment investment, according to a new study, the 2019 Equipment …
Knightstone Acquires Sheraton Gateway Hotel in Toronto International Airport from Marriott
Hotel to undergo extensive renovations MISSISSAUGA, ON–Knightstone Capital Management Inc., through an affiliated entity, have acquired the Sheraton Gateway Hotel in Toronto International Airport from an affiliate of Marriott International Inc. for approximately $130 million CAD. The Sheraton Gateway Hotel is located within Terminal 3 of the Toronto Pearson International …