Industry

Briefly:

(March 9, 2007) The Canadian Association of Income Trust Investors issued a release on Friday arguing that “tax leakage” is not a valid reason for the federal government to impose taxes on income trusts, claiming support from members of the banking community. CAITI said the government’s tax policy was premised on the belief that income […]

By Staff |March 9, 2007

4 min read

Still-private Wellington West opens the books

Nearly two years before it plans to go public, Wellington West Holdings Inc. has released an annual report complete with all of its financials. The unusual move for a still-private entity is part of what the Winnipeg-based firm’s CEO, Charlie Spiring, calls being “a public company in training.” “We talk about transparency all the time. […]

By Renée Alexander |March 9, 2007

3 min read

Berkshire rumour part of larger trend

While rumours and innuendo swirl concerning the apparently imminent sale of Berkshire, some within the industry say there is a better way to grow than buying an entire dealership. Taking the 80/20 rule into account, why should an acquirer buy the whole firm when it wants only the top 20% of producers? “Our view is […]

By Steven Lamb |March 9, 2007

3 min read

Briefly:

(March 8, 2007) Alterra Capital announced that Wellington West will be the exclusive principal agent for the Alterra U.S. Venture Capital Fund, a private offering with a $50 million maximum that is designed to allow individual investors access to the U.S. venture capital market. Alterra said the fund will be sub-advised by Spencer Trask Asset […]

By Staff |March 8, 2007

3 min read