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Mission impossible réussie : Le Canada trouve une route pétrolière en contournant Obama

So you’re the Canadian oil industry and you do what you think is a great thing by developing a mother lode of heavy crude beneath the forests and muskeg of northern Alberta. The plan is to send it clear to refineries on the U.S. Gulf Coast via a pipeline called Keystone XL. Just a few years back, America desperately wanted that oil. Then one day the politics get sticky. In Nebraska, farmers don’t want the...

Indicateurs économiques favorables, le niveau d’emploi a diminué en septembre

The latest Monthly Labour Force Survey from Statistics Canada, released October 10th, 2014, indicate the following: Average employment for 2014 to date is 65,000, compared to average employment in 2013 of 63,300. Employment decreased, by 800 jobs, in the month of September. The community is currently on track for a much stronger 2014, with average employment being 1700 higher than last year. After six months of...

Les ventes de maisons à Saint-Jean ont connu une augmentation en Mars

Residential sales activity reported through the MLS® System of the Saint John Real Estate Board numbered 101 units in March 2014. This was a 13 per cent decrease from a year earlier. “Home sales fell back in March following the rebound we saw in February,” said Sheila Henry, President of the Saint John Real Estate Board. “Taken together with the quiet month of January and strong month of February, activity...

Avec les nouvelles règles en matière de prêt hypothécaire, préparez-vous à encore plus de paperasserie

Private jumbo mortgages could soon become harder—and pricier—to get. New rules announced last week by the Consumer Financial Protection Bureau will tighten lending standards in the private-mortgage market. The changes, which start in 2014, will ban lenders from issuing loans if they don’t verify a borrower’s income or assets. The CFPB rules are meant to ensure that home buyers have the ability to...

Prêts hypothécaires et prêteurs privés et ce qu’il vous faut savoir

Private lending secured by mortgages against real property represents a significant area of activity within the residential real estate market. There are a multitude of reasons why borrowers seek to obtain financing from private lenders. These include: greater restrictions on traditional bank and trust company lending requirements, such as loans based on land value rather than borrower income; borrower’s that...

J.D. Irving Ltd. va investir 513 millions de $ dans ses usines de Saint-Jean

The announcement comes on heels of new provincial forestry strategy being unveiled. The $450 million in upgrades at the Irving Pulp & Paper mill in west Saint John be done in two phases, starting this spring. J.D. Irving Ltd. is investing $513 million in its mills across New Brunswick, the company announced to a standing ovation at its west Saint John pulp and paper mill on Thursday. The announcement comes...
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