Extendicare Expands Into Advertising Amid Health Care Growth
Extendicare Ltd a fast growing health care firm with 76 nursing centers in Canada and the U S has begun buying ad agencies. The group already owns part of Caldonia Corp and is bidding to acquire Cockfield Brown Inc in Montreal. The move into advertising follows a reverse takeover of Crown Life and raises questions about earnings and strategy.
MENTIONED IN THIS ARTICLE
Financial Times News Service
Toronto
Extendicare Ltd
North America
Extendicare
Canada
U.S
Crown Life Insurance Co
Caldonia Corp
Jerry Goodis Agency Inc
Cockfield Brown Inc
Montreal
Extendicare targets major ad agency growth in North America
Extendicare aims to acquire several advertising agencies in the U.S. and Canada to reach billings of 200 to 250 million in each country, eyeing a place among the world’s top 25 ad firms. President Harold Livergant argues the move fits the company’s service-business strategy and promises strong returns, while Crown Life remains the main earnings driver.
MENTIONED IN THIS ARTICLE
Extendicare
Harold Livergant
Livergant
Dustry
North America
U.S
Canada
Swede bets on fitness boom with Scandinavian clog venture
Sten Nilsson of Duncan British Columbia started Swedish Canadian Clog Manufacturing Ltd to supply wooden clogs in Scandinavia and Ireland and targets North American fitness markets. He cites alder wood, a $30 000 forgivable loan from BC and federal governments, and plans to leverage dogs for foot support as key factors in a profitable expansion.
MENTIONED IN THIS ARTICLE
Financial Times
Sten Nilsson
Duncan, B.C
Clog Manufacturing Ltd
Scandinavia
Ireland
B.C
Businesses born even in tough times
Canadian entrepreneurs push through recession as bankruptcies rise and new incorporations grow. Despite 8.3 percent unemployment and high rates, several firms start in Ontario and across the country, backed by venture capitalists who prize strong management and proprietary products.
MENTIONED IN THIS ARTICLE
Financial Times
Toronto
Patricia Johnston
Canadian Federation of Independent Business
Ontario
Saskatchewan
British Columbia
Manitoba
New Brunswick
Brian Marshall
RoyMark Financial Services Ltd
Royal Bank of Canada
Marshall
Kayley Hill
Goderich
Ont
David Pearson
Ottawa
Sten Nilsson
Duncan
B.C
Too many seniors in Alberta homes urge alternatives
Edmonton geriatrician Dr. David Skelton says Alberta has 12 percent of seniors in extended care facilities, well above the nine percent NA average, with about 10 000 people in such housing. He urges foster homes or sheltered housing and criticizes current institutional policies as unsustainable.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
David Skelton
Skelton
Manitoba
Britain
Hong Kong Businessmen Stay Calm Despite China Pressure
Hong Kong remains booming with real estate deals and investment as 99 year lease on New Territories nears expiry in 1997. Canadian and other foreign businessmen, including William Yip, see Hong Kong as safe and a gateway to the West while China weighs its approach to eventual takeover.
MENTIONED IN THIS ARTICLE
Hong Kong
China
Britain
New Territories
Canada
William Yip
Miramar
U.S
Bank of America
Yip
Montreal
Toronto
Vancouver
Robert Bolduc
Bolduc
Kowloon
Macao
Development Sbr wt lus00 21 TOTAL VOLUME 20
Development Sbr wt lus00 21 reports a total volume of 152000 plus units. The note highlights a large quantity metric without further context or breakdown.
MENTIONED IN THIS ARTICLE
Sbr
Alberta Complete Tabulation Of Wednesday Transactions
Net change from the previous board lot closing sale is listed. Quotations are given in cents unless otherwise marked. The page provides a complete tabulation of Wednesday market activity and price movements for the Alberta board.
MENTIONED IN THIS ARTICLE
Gt Pt Nets
Aland
AMCA
Aero E
Agnico E
Agra Ind
Atco
Bell A
Bell
Brenda M
Ry Brou
Also Mentioned on This Page
Ad Pak
Sesse Finance
Jacques Krasny
Its
Crown Life
Datacrown Inc
Nilsson
Sweden
Appain Artsian Ayerok Banner
Bath N Camino Conter Cop
Lak
Camo Caste Damse Datmr Energy
Laredo
Noreo AW
VO Sut
ATI
Afey
CDC
Nor West
Si Canadex
CIBC
Lencour
Marconi
Cnat
Oedental
Wey CP Ltd
Cutil
Qty Cutil
Carl OK
Durham
Conwest
Rey Courvan
Czar
Eldona
Delhi Pac
Denison
Dunraie
Elethom
Foodex P
Wg & Gane
Gaz Metz
Ly Gnstar
Gibraltar
t+ ty
Glencair
Goldund
Gulf Can
Wey 'Y
Gulfstrom
HCI
Hidwa
Weste Haley
Harris A
Hawker
Highwood H Bay Co
HBC Pr
Hboj Gas
Ally Husky Oi
L. Ws. Ws
Imasco
Inland Gas
IBM
Aby
Iron Bay
Sony Adhe Aly
Ibte Irwin Toy
Ivaco
Joffre Res
Dorex Ltd Bog
Iity
Anacon
Lacana
Laidlaw
Laurasia
Leigh Tost
Lac
Loblaw Co
Pr Lob Ltd
Ap Lochiel A Lochiel
LL Maris Lumonics Lynx
Bey Hips
Ty Mice & P
Malartic
Mentor
Merland F
Moffat
Mitel Corp
Moore
Marisa
Jaime
Cook
NBU
Riatty Neomar
Neurctic
Kelore OO
N York Oi
Noble
Nor Acme
Noranda
RY Norce
Thy
Northgat
Northstar
Nowseu
Snu
Nu-Wst
Spooner
Nufort Res
Stanford
Oakwood
Suncor
Tirolz Tech
Penn West
Toromont
Tor Sun
Petro Sun
Hn Phillips
Ranger
RealCap
Redstone
Union Gas
Als Bt
Reichhold
UN Corp
Rogers A
Rogers
Roxy
Tao
Walker
Royal Bnk
Ky Bk
Ide
SI Fabien
Sina Santa M
Wardair
Scarboro
Warren
Westmot
Wilco
Sherritt
Willroy
Silverton
Sears
Sogepet
Southm
My C Realty U
Fla Gia
Spar Aero Sidi
Spar Aero P
Phoenx
Pryme
Reako
Rhodes
Samsa
Saxton
Silvex
Torngn
Warner Waddy
Alaska
Saturn
Net iStock
Hugh Low Close
Ch'ze Amialta
Chromb
Aquarius
Argus
Audax
Aurilie
Baretta
Barons
Bearcat
Calais
Carlyle
Coronati
Norman
Pemberton Securities Ltd
Medicine Hat
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