Gotti

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À propos de Gotti

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  • Biography
    Jeune professional de finance. Ne a Montreal est passione de architecture.
  • Location
    Vieux Montreal
  • Intérêts
    Finance, sports, plages
  • Occupation
    Fusions et acquisition
  1. Dans les 18 prochains mois, la RIO ira en appel d’offres après avoir défini les critères de la toile, qui devra notamment être en fibre de verre et être souple en plus de respecter la forme du stade. Le gouvernement du Québec a mis en réserve une enveloppe budgétaire oscillant entre 200 et 250 M$ pour le futur toit. Michel Labrecque soutient que la RIO cherche un toit démontable, plutôt que rétractable, mais ne choisira pas un concept au détriment de la sécurité et de la pérennité de la structure. Si ça augmente le risque au point où on n’obtiendra pas un niveau de confiance suffisant d’une toiture qui va durer 50 ans, qu’on a pas une épée de Damoclès au-dessus de la tête, on va oublier ça. Si le risque est trop élevé, on ne pensera même pas à la démonter. Michel Labrecque Il soutient que de nombreuses études ont été réalisées. De plus, la RIO exigera des essais en laboratoire. « Dans les 63 sections [de la toile actuelle], il y en a qui ont été mal fabriquées ou pliées, ce qui a causé des ruptures de lignes. C’est pour ça qu’on a eu 8000 trous. [Là], on a pris toute une série d’analyses et de précautions avec les firmes externes et les hauts fonctionnaires pour se dire quels processus et contrôles de qualité [on souhaite] », poursuit le président de la RIO. Michel Labrecque cite, en exemple, que le concept retenu sera testé, notamment, pour assurer une évacuation adéquate de la neige. « Un des problèmes qu’on a avec la toile actuelle, c’est qu’on a des vallées entre les triangles, et la neige s’y accumule. » 125 M$? François Delaney, un concepteur qui travaille sur des prototypes de toits pour le stade depuis 21 ans, croit que la réserve de 200 à 250 M$ est trop élevée. En entrevue à Gravel le matin, il a soutenu détenir des soumissions se limitant à 125 M$. Il affirme détenir cinq propositions de toit, dont deux souples (l’une rétractable et l’autre démontable). Est-ce que quelqu'un sais comment le RIO va gérer le stade de façon rentable? Combien d'événements auront lieu par année (en réalité)? J'ai peur que nous embarquions dans une autre histoire de délais, de coûts dépassés et d'une drague géante sur notre argent public.
  2. Quebec accueillera plus d'immigrants!

    https://www.bloomberg.com/news/articles/2017-11-02/quebec-s-small-town-jobs-boom-needs-big-city-immigrant-workers Quebec’s Small-Town Jobs Boom Needs Big-City Immigrant Workers November 2, 2017, 5:00 AM EDT Every Sunday, two vans pick up laborers from Montreal for a four-hour journey northeast to small towns near the border with Maine. There, they work at factories for the week, stay in accommodation partly paid by their employer, and return to Quebec’s largest city on Friday. “We would really like to hire locally, but we have no choice,” said Sonia Rousseau, head of human resources at René Matériaux Composites, the Sigma Industries Inc. unit that’s been busing the mostly African and Latin American workers to its plastics factories for at least two years. “If we don’t have enough workers, we have to stop the production line, which is something we can’t afford to do.” Welcome to the reality of the manufacturing industry in Chaudière-Appalaches, a district in the francophone province of Quebec that boasts 3 percent unemployment -- the lowest in Canada, with a national jobless rate of 6.2 percent. With the country’s economy growing at the fastest pace in the Group of Seven, and Quebec itself on track to expand the most since 2004, it’s no wonder order books are full. But in this region alongside the St. Lawrence River there aren’t enough local workers interested in blue-collar jobs. Known as Beauce, the corner of Chaudière-Appalaches where René Matériaux Composites has its factories is a manufacturing powerhouse with a strong entrepreneurial culture. Its member of Parliament, Maxime Bernier, is a libertarian who unsuccessfully ran for the leadership of the Conservative Party this spring. For years, specialized jobs such as welders or electricians have been in extremely high demand, prompting companies to recruit overseas. But even unskilled workers are hard to come by. “We need able bodies,” Quebec Finance Minister Carlos Leitao said in an interview. “If we do nothing, it will be a big issue.” Training, Demographics Leitao says one answer is more training to help young Quebeckers fill the labor market’s current needs. At a vocational school of Montmagny, 50 miles northeast of Quebec City, students learn to program machine tools or to master welding. Some are sent by employers eager for them to acquire new skills, but even those who start without a job land offers within weeks, according to training counselor André Faucher. William Bernier, who works part-time at a food processing company and recently joined the 1,800-hour machine-tool program, is hopeful new expertise will open the door to better paid work. “There’s lots of companies looking,’’ the 19-year-old said this week. Attracting foreign workers often clustered in Montreal to small-town Quebec is another solution. With a jobless rate of 6 percent, the province has little choice but to turn to immigrants as its population ages more rapidly than the U.S., the U.K. and the rest of Canada. The situation is particularly acute in Chaudière-Appalaches, where the median age is 44 -- about two years older than Quebec as a whole. “Yes there’s economic growth, but there’s also the reality of demographics,” said Chantal Routhier, an economist with Mouvement Desjardins, the province’s largest credit union. “The jobless rate is bound to fall over time.” Still, there are a lot of positions up for grabs. Manac Inc., a maker of specialty trailers based in Saint-Georges with about 900 employees in the province, started looking abroad for welders, machine operators and electricians five years ago -- even contracting an agency to find workers as far away as Nicaragua. As orders pile up, Manac has hired more than 100 people this year. Yet the manufacturer continues to struggle to find unskilled workers, especially for its night and weekend shifts, according to Steve Ceolin, one of its recruiters. “We’re short about 20 people and most of them are untrained laborers,” he said. ‘Crying for Help’ The demand extends beyond manufacturing. Vacant positions range from electrical engineers to nurses and waiters, according to Cassiopée Dubois, who helps companies address shortages at private consultancy La Beauce embauche -- French for Beauce is hiring. “I have companies calling me and crying for help,” Dubois said. “We need workers everywhere, and immigration is a solution. The key is to integrate people and make them stay.” That’s the tack taken by CDID Inc., a software maker also based in Saint-Georges, the biggest town in Beauce with a population of 31,000. The company, which plans to add 15 workers over the next four years, took part in a trade fair in Paris this summer and came away with four new computer programmers. “You should have seen their eyes when we discussed the cost of living, access to home ownership or the crime rate,” said Karine Poulin, CDID’s head of human resources. “We didn’t really have to convince them.’’ Long-Term Solutions Immigration, however, isn’t a miracle solution, according to Routhier, the Desjardins economist. Ultimately, companies will have to boost productivity. With some jobs taking up to a year to fill, René Matériaux Composites -- which supplies moulded plastic parts to the transport, construction and agricultural industries -- has begun investing in new technology and robotics, according to Rousseau. It’s also establishing a new research and development center in the town of Saint-Ephrem. Busing workers in “helps us meet our goals for now, but we can’t rely on that in the long term because if tomorrow people stop coming, it will be a problem,” the human resources chief said. “Ultimately we would like to attract more people to move to Beauce, but in the meantime, we are working very hard to increase our productivity. We have to innovate, we have to automate.” — With assistance by Erik Hertzberg
  3. McGill Desautels - Old Bookstore Reno

    It's for the MBA program. Historically, McGill's MBA program has been quite mediocre by international business school standards. The school decided to change their offering a few years ago. They massively hiked tuition to around C$40,000 per year, invested in new internationally known professors, endowed more research chairs and generally upped their game. I don't follow B-school rankings so I don't know if they've been successful but I have a feeling that the MBA school has gained in reputation, international recognition and a higher calibre (no offense to meant to any graduates) student population. In any case, it looks like things are going well. Yet, despite paying many times more for the MBA program than any other program at Desautels, the MBA classes were held in the same building as all the others. To gain further credibility I imagine that the MBA administrators wanted a building that someone paying such high tuition would be proud of - and maybe even demand. Given that the old bookstore is (i) right next to the Desautels building and (ii) is a good size and decently modern, I guess it made sense to claim it for the faculty. The bookstore is deceiving - it had 3 above ground floors where space was not maximized and a massive basement (to store all the textbooks). For an MBA school it should be provide ample space. MBA schools are one of those funny things: Sometimes simply hiking prices can make it more attractive. There is perceived value in pricing - especially when years back the McGill MBA was essentially the same price as undergrad (i.e. very cheap by B-school standards). Further, once the program has more dollars coming in it can invest in better professors, teaching methods, chairs, etc. and (hopefully) it becomes a virtuous cycle.
  4. Amazon looking for a location to have a 2nd HQ

    Ce n'est pas juste moi qui partage cet avis. Michel Leblanc, le président de la chambre de commerce de Montréal, vient de dire presque mes paroles exactes. http://www.lapresse.ca/actualites/politique/politique-quebecoise/201709/26/01-5136803-vague-dappui-a-uber-apres-lannonce-de-son-depart.php
  5. Amazon looking for a location to have a 2nd HQ

    Again, this is my personal opinion. So disagree all you want. Uber leaving Montréal creates a perception of Québec as having an anti-tech environment. Whether the underlying stats support this assertion or not (and you point out that the stats actually contradict it!) the perception is what will be top of mind for most people. We live in an age of headlines and poorly researched news. As such, I think that this news can only hurt our city's chances of luring Amazon HQ2. I also believe that we are not in the top running: if the goal is to land the HQ we can't afford anything that harms our image.
  6. Amazon looking for a location to have a 2nd HQ

    My point wasn't to discuss the legality of Uber in Québec or their impact on our society. I think it's been debated to death and everyone is entitled to their opinion. My only point was that having a large tech company leave our fair province does not reflect well from a corporate decision making perspective. Others here point out our tech strength, engineering student strength, cheap cost of labour and dwelling, etc. All I wanted to do was point out what I believe to be a negative factor in attracting Amazon here. Please debate this idea - not the legality of Uber. I think that Montréal is a hail-mary at best to land Amazon HQ2. This news certainly doesn't help.
  7. Amazon looking for a location to have a 2nd HQ

    Bye-bye Uber. I'm sure that our tech friendly government will be able to lure Amazon HQ2... http://beta.radio-canada.ca/nouvelle/1057986/uber-serait-menace-quitter-quebec Uber menace de quitter le Québec PUBLIÉ AUJOURD'HUI À 6 H 59MIS À JOUR IL Y A 47 MINUTES Le directeur général d'Uber au Québec, Jean-Nicolas Guillemette, a convoqué les médias à 11 h, à Montréal, pour annoncer qu'Uber a l'intention de cesser ses activités au Québec en raison des nouvelles conditions que lui impose le ministère des Transports (MTQ). La semaine dernière, le gouvernement Couillard a confirmé qu’il était prêt à renouveler pour un an le projet pilote mis en place en octobre 2016 pour encadrer les activités de la compagnie de transport, mais à certaines conditions. Uber doit notamment se plier à de nouvelles exigences, dont une augmentation de 20 à 35 du nombre d'heures de formation des chauffeurs, l'obligation d'effectuer une inspection mécanique tous les 12 mois et un resserrement du processus de vérification des antécédents judiciaires. Or, d'après nos sources, Uber estime que ce nouveau cadre réglementaire est trop intransigeant, en particulier la formation de 35 heures requise pour les chauffeurs. Les règles de fonctionnement d’Uber permettent à des particuliers, des travailleurs occasionnels pour la plupart, de transporter des gens avec leur véhicule personnel en échange d’une quote-part sur le prix du transport. Or, ce modèle d’affaires, en plus de mener une concurrence déloyale aux chauffeurs de taxi traditionnels, soulevait des problèmes fiscaux et des enjeux de sécurité qui rendaient les opérations d’Uber illégales en vertu des lois du Québec. Le gouvernement Couillard avait cependant accordé un an à Uber pour s'y conformer tout en poursuivant ses opérations dans le cadre d’un projet pilote d’un an. L’échéance étant arrivée, Québec a décidé d’accorder une prolongation à Uber, mais selon de nouvelles conditions. Et ce sont ces conditions qui ne font pas l’affaire de la compagnie de covoiturage payant. Au MTQ, on affirme ne pas avoir été informé de la décision qu'Uber doit rendre publique ce matin. Les chauffeurs de taxi prudents Questionné sur les ondes de l'émission Gravel le matin, le porte-parole du Comité provincial de concertation et de développement de l’industrie du taxi, Guy Chevrette, a émis des réserves sur un possible départ d’Uber du Québec. « Si c’est vrai que ça fait des mois que ça négocie pour deux petites contraintes additionnelles, ces gens-là quitteraient le Québec après y être entrés de façon tout à fait illégale? » a-t-il fait remarquer, sceptique. « Ils n’ont jamais encore remis les 24 millions [de dollars] de taxes non payées […] Il n’y a à peu près pas de poursuites qui ont été faites malgré 400 ou 500 infractions », a ajouté Guy Chevrette. Pour les chauffeurs de taxi traditionnels, qui doivent payer pour se procurer des permis et se plier à plusieurs contraintes, la présence d’Uber dans le marché du transport est une concurrence déloyale, voire frauduleuse, soutient-il. Si Uber devait quitter le Québec, Guy Chevrette estime que ce serait une occasion pour le gouvernement de travailler à la modernisation de l’industrie du taxi de concert avec les chauffeurs traditionnels. « Le départ d’Uber permettrait de moderniser légalement, de ne pas avoir deux poids deux mesures, d’avoir les mêmes règles de concurrence et qu’on ait les mêmes obligations pour partir sur un pied d’égalité. », explique Guy Chevrette. Pour Alexandre Taillefer, propriétaire de Taxelco, c'est une bonne chose que le gouvernement du Québec mette en place des règlements qui soient « le plus équitable possible et au bénéfice de la population ». Quant à Uber, M. Taillefer estime que c'est dans sa façon de faire de « brandir des menaces » et d'annoncer ses décisions « en cowboy » à ses employés. Selon lui, les exigences qu'impose Québec à Uber sont minimales et encore loin de celle qu'on impose à l'industrie du taxi actuellement au Québec. « Nos normes sont encore plus contraignantes ne serait-ce qu’en vertu des polices d’assurance qu’on doit mettre en place pour nos taxis. Le coût de notre police est probablement trois fois plus important que celui d’un chauffeur Uber », a expliqué le propriétaire de Taxelco sur les ondes de RDI. Pure stratégie de négociation Pour les intermédiaires de taxi de regroupés, qui représentent près de 2000 voitures de taxi au Québec, la stratégie d’Uber n’est destinée qu’à mettre de la pression sur le gouvernement du Québec en frustrant ses clients. « Il ne faut pas que les Québécois se trompent : Uber n’est pas obligée de stopper ses opérations, elle le fait uniquement pour frustrer ses utilisateurs et faire pression sur le gouvernement », explique Georges Malouf, porte-parole montréalais des intermédiaires de taxi dans un communiqué. « La vraie question, nous la posons depuis bientôt trois ans, le gouvernement du Québec est-il capable de se faire respecter ou va-t-il encore flancher et se mettre à plat ventre devant les quelques pressions d’Uber », demande M. Malouf. Des problèmes à Londres aussi Montréal ne serait pas la première ville où Uber a plié bagage en raison de la controverse entourant son modèle d’affaires. Vendredi dernier, l’autorité des transports de Londres a décidé de ne pas renouveler la licence d'exploitation d'Uber, qui vient à échéance le 30 septembre prochain. Selon un communiqué de l’autorité des transports, « l'approche et l'attitude d'Uber montrent un manque de responsabilité de l'entreprise en ce qui concerne un certain nombre d'aspects ayant de possibles implications sur la sécurité publique ». Uber a porté la décision en appel.
  8. The Argos moved to BMO Field in order to be in a smaller, more intimate and more personal stadium. They now play in the same stadium as TFC. Lots of money was spent on the stadium to make it football ready - and to add capacity for soccer games. I don't see how moving from Molson Stadium, an intimate venue that can't sellout anymore, would benefit the Als. http://bmofield.com/event/montreal-alouettes-vs-toronto-argonauts-2/
  9. YUL - 38, 38 étages

    For now it's being used as a parking lot for the YUL site. The gym is almost ready The sales office is being moved for YUL 2.
  10. Condominiums Maritime Montréal - 39 étages

    Power wash?
  11. L'Économie du Québec

    Most economists consider 4.0% to be "full unemployment." As you've stated, there will always be structural and frictional unemployment in any economy. The true "full unemployment" figure depends on many factors and thus 4.0% is simply a best guess. Suffice to say that getting close to "full unemployment" is a sign that the economy is booming. Falling below can lead to high inflation and other economic stresses. It's been a long time since my macroeconomic classes but I'm sure Google has a lot more information on it. Oh, and if there aren't enough people for the available jobs then companies turn to robots. Japan and SK have very high levels of automation. When the cost of automation is less than the cost of employees it's the natural decision for profit seeking companies. See the whole 15$ minimum wage debate and McDonald's response.
  12. L'Économie du Québec

    A chacun ses propres points de vue politiques. Selon les sondages courants le PQ n’as aucun espoir de gagné une majorité dans les prochains élections. Néanmoins, on ne sait jamais comment les élections vont dérouler. On disait la même chose à propos de Brexit et de Trump. (Je ne compare pas le PQ à Brexit ou à Trump – je dis simplement que même s’il parait impossible en août 2017 les déroulements politiques ne cessent pas de nous surprendre.)
  13. Tour des Canadiens - 50 étages

    Il paraît que oui... Electrical wiring is running behind the cladding.
  14. 628 Saint-Jacques - 35 étages

    À l'ouest il y'a Adonis à Griffintown.
  15. SNC-Lavalin completes the sale-leaseback of its headquarters in Montreal with GWL Realty Advisors for approximately $170 million Montreal June 22, 2017 SNC-Lavalin announced today that it has completed the sale of its Montreal head office building and the adjacent empty lot of land located on René-Lévesque Boulevard West for approximately $170 million to GWL Realty Advisors on behalf of institutional clients. SNC-Lavalin leases back the building for 20 years. SNC-Lavalin plans an extensive renovation project that aims to provide employees with modern workspaces designed according to best practices in efficiency, flexibility, innovation and teamwork. Consultation and planning for this project have already started. “We continue to move forward with our strategy of unlocking value from our assets in order to reinvest in our business. This sale brings several benefits, notably the opportunity to create a work environment that enhances collaboration for our Montreal-based employees, most of whom will be brought together in one main location,” said Neil Bruce, President and CEO. The decision to sell the property was made as part of SNC-Lavalin’s Operational Excellence program where we conducted a review of the company’s owned real estate portfolio that was announced during the third quarter 2016 financial results. SNC-Lavalin explored real estate opportunities that included putting the Montreal head office property on the market. This initiative led to the sale-leaseback of the head office, which will further contribute to SNC-Lavalin’s efficiency and performance as a company. By undertaking significant renovations to modernize the current workspace, the company will also strengthen its core objective to build a performance-driven culture that inspires employees to be more collaborative and enhances overall efficiency and productivity. “SNC-Lavalin is here to stay. Our long-term lease demonstrates our commitment to Montreal and to Quebec,” continued Mr. Bruce. “We have been an integral part of Montreal’s fabric for over a century, and will continue our growth from our downtown Montreal headquarters for years to come.” ABOUT SNC-LAVALIN Founded in 1911, SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure. From offices in over 50 countries, SNC-Lavalin's employees are proud to build what matters. Our teams provide EPC and EPCM services to clients in a variety of industry sectors, including oil and gas, mining and metallurgy, infrastructure and power. SNC-Lavalin can also combine these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions. www.snclavalin.com ABOUT THE TRANSACTION This sale-leaseback transaction was facilitated by our real estate agent RBC Capital Markets in association with Cushman & Wakefield. http://www.snclavalin.com/en/media/press-releases/2017/snc-lavalin-completes-sale-leaseback-headquarters-montreal-gwl-realty-advisors.aspx