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Thunder Bay - Risk Versus Reward

Thunder Bay – Risk Versus Reward

In the comment section of the above article , Real Estate Watcher  said it best: …. CMHC has been preaching to us that prices would not drop here in Canada this misinformation comes from a large stakeholder that would lose billions of dollars when real estate prices collapsed … well guess what looks like someone […]

Thunder Bay - Put Up Or Shut Up

Thunder Bay – Put Up Or Shut Up

Hobbs said the centre will be a job creator and economic driver for the city, which officials in every minister understood. Prove it mayor! Show us one document that shows that $100 million plus hockey rink will create jobs and drive the Thunder Bay economy. If its such a great job creator and economic driver […]

Thunder Bay - Not Much  Business From The Event Centre?

Thunder Bay – Not Much Business From The Event Centre?

“Neither one of them are tied together. We are building this, whether there is an event centre or anything else that may be put into Thunder Bay.” I wonder who asked her to make this statement?  Why? If the two projects are not connected.  If the hotel construction  is going ahead no matter what, and the […]

Thunder Bay - Mayors Seek Federal Money For Housing, Transit Needs....??? What?  No $100 million plus Hockey Rink?

Thunder Bay – Mayors Seek Federal Money For Housing, Transit Needs….??? What? No $100 million plus Hockey Rink?

The country’s big-city mayors are urging the federal government to help municipalities deal with affordable housing shortages and decaying transportation infrastructure. Then there are the country’s mayors that don’t give a shit about affordable housing and decaying transportation infrastructure.  These mayors think that bringing AHL hockey to the city at a cost of $100 million […]

Thunder Bay - Incapable Of Being Wrong

Thunder Bay – Incapable Of Being Wrong

Angus, the Energy Task Force co-chairman, said Wednesday in a release he told Energy Minister Bob Chiarelli and his colleagues the government is “betting that they are right and the Energy Task Force is wrong” about the ability of the generating station to meet the region’s needs and once again asked that all 75,000 tonnes […]

Thunder Bay - Too Big To Jail

Thunder Bay – Too Big To Jail

The bank processed cash for Mexico‘s Sinaloa cartel, regarded as the most powerful and deadly drug gang in the world, among others. At least $881m in drug trafficking money was laundered throughout HSBC accounts. In order to handle the “staggering amounts of cash”, the bank even widened the windows at some branches to allow tellers to […]

Thunder Bay - Tbaytel Making Lemonade

Thunder Bay – Tbaytel Making Lemonade

She noted the company went into the auction with a carefully planned strategy on how it would bid. I wonder if the strategy involved the $10 million Tbaytel wants to borrow from Thunder Bay? Auction strategies usually involve bidding on items you want and either winning or losing depending on how much money you have […]

Thunder Bay - Hypocritic Oath

Thunder Bay – Hypocritic Oath

This FYI story shows just how hypocritical the people that are screwing you over and over again are. This is just too funny.  Exxon Mobile Corp (big fracking company) CEO Rex Tillerson has a problem with what fracking related issues could mean to the value of his ranch. Payback’s a bitch Tillerson.

Thunder Bay - Wasted Space

Thunder Bay – Wasted Space

  The old Eaton’s building at the corner of Red River Road and Court Street is home to a technical support call centre. What a waste of prime retail space in the heart of the so called Waterfront District. Prime retail space wasted housing people answering phones.  This is truly sad. The call centre adds […]

Thunder Bay - Interest In Interest

Thunder Bay – Interest In Interest

Yup…its all part the Bank of Canada almost zero interest rate policy.  You cannot build an economy using debt as a financial cornerstone. As long as it is more lucrative to invest in stocks and property instead of industry and jobs, there will never be a economic recovery. Never. The values of stocks and property […]