Fewer benefits seen from MURB program says UBC study
University of British Columbia researchers report the federal government's MURB program yielded higher prices and limited new apartment supply. They note investors earned 12 percent annual returns with tax write offs, while non MURB buyers achieved similar gains without shelter. The researchers caution against abrupt end to the scheme.
MENTIONED IN THIS ARTICLE
Financial Times
Toronto
University of British Columbia
Vancouver
George Gau
UBC
Faculty of Commerce
Ottawa
Gau
Land prices rising as MURB program ends study finds
Vancouver economist Gau argues land costs rose due to MURB demand and will not crash post program. He says short term prices rise from market uncertainty, while long term land values level without MURB incentives and apartment building supply remains limited.
MENTIONED IN THIS ARTICLE
Gau
MacEachen
Dome Petroleum deal fuels lucrative adviser fees
Analysts review Dome Petroleum Ltd registration on HBOG takeover with Burns Fry Ltd earning 1.125 million plus expenses as HBOG independent committee adviser and Dominion Securities Ames Ltd to provide an opinion for 850 thousand plus expenses. Nesbitt Thomson 400 thousand plus expenses with further 280 thousand in other services. Pitfield Mackay Ross up to 1 million. Underwriter Dome earned 1.95 million plus 917 thousand banking profit and 1.55 million gross selling commission. Wood Gundy and McLeod Young Weir each 280 thousand plus expenses. Total take about 9 million.
MENTIONED IN THIS ARTICLE
Financial Times
Toronto
Dome Petroleum Ltd
United States Securities and Exchange Commission
Dome
Hudson's Bay Oil and Gas Co. Ltd
Burns Fry Ltd
HBOG
Dominion Securities Ames Ltd
Nesbitt Thomson Securities Ltd
Pitfield Mackay Ross Ltd
Wood Gundy Ltd
McLeod Young Weir Ltd
Nesbitt
Pitfield
Wood Gundy
McLeod
Financial Trends From Pemberton Securities Tables
Pemberton Securities reports midday index figures with declines across sectors. TSE composite stands at 1864.6, down 40.0. Oil and Gas 3810.7, down 98.1. Real Estate, Construction 65. Industrial Products 1369.1. Medicine Hat ST 1971.5, down 24.2. Dow Jones and Canadian dollar reflected in US funds. Gold at 3116.3, down 37.2. Silver at 8.1, down 5.23.
MENTIONED IN THIS ARTICLE
Pemberton Securities
TSE
Ei Metals
U.S
Toronto stocks leap as AGFM and Alcan lead gains
Readable snippets show AGFM, Alcan and Am Eagle among notable risers with quotes in cents. Excerpts list multiple firms such as Ang CT, Argus, Atlas, and Bell Canad with varied price quotes and shifts. no clear single event but broad market activity and ex-dividend notes noted.
MENTIONED IN THIS ARTICLE
Leduc
Ang CT
Argus
Argus C
Ty Astral
Atco
Bakertale
SE Bank BC
Bank Mtl
Bk Mtl
Bank NS
Bankeno
Basic Res
Baton
Ty Tye
Ty Bell
Bighart
Ty Bramalea
bin Brsende
Brasean
Brsen
CDC
West
Vancouver stocks list and quotes in broad overview
A dense compilation of stock bids asks highs lows and changes across numerous securities. The list names many firms and instruments with price points and trading activity noted in a technical market bulletin style.
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