CalgaryTiger
Senior Member
Fair and I'm biased but I just hope that it is kept a-political. There better not been any signaling to their base about this being part of an Alberta Pension anything.
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Calgary & Alberta Economy
- Thread starter Oddball
- Start date
darwink
Senior Member
Meeting the performance of indices is not the right metric, as a good portion of assets need to be continually cycled into meeting obligations, and reducing risk/increasing liquidity as the assets tied to obligations approaches the need to produce income. You can think of AIMCo as 2 million different investor accounts -- you wouldn't have the same risk mix for a 25 year old new nurse as a 45 year old fire fighter or a 55 year old office worker or a 75 year old retiree.
While AIMCo's performance is worse than competitors, their obligation mix is different than competitors too, and certainly different than a 100% S&P 500 hedged or non-hedged ETF.
While AIMCo's performance is worse than competitors, their obligation mix is different than competitors too, and certainly different than a 100% S&P 500 hedged or non-hedged ETF.
darwink
Senior Member
This is a really good thing from the province. In the unbuilt projects thread, there are numerous proposals from the 70s and 80s that went stale because the province just couldn't make decisions with any sort of certainty to timelines, or that once decisions were made, that they were firm and not still up for discussion continuously.
Mountain Man
Senior Member
Are there specific places they want these resorts? Seems like maybe the Province should help fund the resurgence of Fortress and maybe adding a MTB park at Castle.
Chowda7
Active Member
India to deploy around 10 seaplanes with in 8-12 months: De Havilland
De Havilland Canada plans to deploy seaplanes in India, with private and public operators showing interest in the Twin Otter aircraft.
darwink
Senior Member
Cross jurisdiction problems caused development at Caste to fall apart in the past. And a lack of a coherrent regulatory process has likely held back the redevelopment of Fortress.
DougB
Senior Member
Castle Mountain Announces Haig 1 Expansion
Alberta’s Castle Mountain will expand lift-served terrain by 25 percent next season as it opens its first detachable quad on Haig Ridge, located above the existing Huckleberry lift. Castle is…
liftblog.com
Mountain Man
Senior Member
Fuck yes! expand that hill. I really hope they are planning for mountain biking while cutting new runs!
DougB
Senior Member
The terrain looks good. Some of it looks to be southern and southwesterly exposure, so snow retention may be questionable
Mountain Man
Senior Member
Castle is already struggling with snow retention, they are too far east and get hit by chinooks. There was a year where they closed in late January / early February due to lack of snow. This makes adding mountain biking more critical, if they can generate revenue in the summer, that should only help their bottom line. The upfront costs would be quite expensive though.
Castle does have MTB in their long term plans, just not sure about the timelnes. Castle Master Plan page 21 has the MTB plans.
Castle does have MTB in their long term plans, just not sure about the timelnes. Castle Master Plan page 21 has the MTB plans.
CalgaryTiger
Senior Member
Dollarama stock falls as retailer plans $450M Calgary hub to anchor western growth
The retailer has raised its long-term Canadian store count target to 2,200 locations by 2034.
ca.finance.yahoo.com
The Montreal-based company says it plans to build a new $450 million logistics hub in Calgary to service its growing footprint.
Chief executive officer Neil Rossy told analysts on a post-earnings conference call that a second distribution centre will generate significant annual savings for the company.
“Half of the country will be warehoused and distributed from the western DC (distribution centre). Half of the country will be warehoused and distributed from the eastern DC,” he said.
RBC Capital Markets analyst Irene Nattel praised the plan in a research note on Wednesday.
"[The] decision to add a second logistics hub in Western Canada makes a great deal of sense given growth in store count and geographic footprint, as well as from a security of supply/service perspective," she wrote.
All those new Dollarama stores are going to get a better backend.
For $450 million it' should end up being a pretty big site.
Rollerstud98
Active Member
Was curious if this would actually and most likely be out in Rocky View and seems that it is.
discoverairdrie.com
The Balzac boom: Dollarama's next big step in Alberta
Dollarama has announced a land acquisition in Balzac, just south of Airdrie, to develop a new logistics hub. This move marks a significant step in the company’s regional growth. The facility will support Dollarama’s stores in Western Canada, ensuring smoother operations and enhanced service for...
discoverairdrie.com
CalgaryTiger
Senior Member
Is the actual City of Calgary's industrial lands pretty tapped out on land for things like this? They all seem to locate in Balzac.
Rollerstud98
Active Member
Taxes most likely driver. Also you should go for a tour and see the warehousing out there now, some absolutely enormous buildings.