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Found 21 results

  1. This lot is for now sale. The proposal is being used just to show the potential of the lot, but I thought it was worth posting anyways. Even more development soon be scheduled around the Bell Center.
  2. MintChip There is a prize to be won, $50,000 worth of gold. Best of luck.
  3. Tensions build over Roxboro high-rise project by Raffy Boudjikanian Article online since November 24th 2009, 13:00 Holly Arsenault shows the property line dividing her land from that of a developer whose potential project leaves many on Fifth Avenue North in Roxboro unhappy. Chronicle, Raffy Boudjikanian. Tensions build over Roxboro high-rise project Even as some residents of Fifth Avenue North in Roxboro, a dead-end street lined with single-unit bungalows, are concerned over the possible development of a multiple-storey condo at the end of their street, Pierrefonds officials at a lively public meeting last Wednesday night were at pains to explain nothing could move ahead yet. "Before the project can be accepted or acceptable, the developer must present plans that conform to our legislation. For now, that isn't the case yet," said Pierre Rochon, urban planning and business services department director, in answer to citizen questions. However, residents are concerned after seeing land surveyors walk into the swampy wooded area over the last few weeks. Holly Arsenault, who lives in a home right on the property line of the area, even said one of them told her the owner, Jacob Wolofsky, has already acquired all necessary permits and construction will begin in February. "If that's true, he's dreaming in colour," Rochon replied. When The Chronicle went to visit the street last Thursday, Arsenault showed a row of rocks that separates her yard from Wolofsky's property. Planted alongside both sides of that makeshift border are 45 trees, which Arsenault said play a large role in keeping her home from flooding when nearby Rivière des Prairies rises in the spring. "He said he's going to cut them down," Arsenault said, adding about half of them are on the developer's side. Another Fifth Avenue North resident, France Marsant, voiced her displeasure at the Wednesday meeting too. "Our street had a very peaceful, very calm character," she said. "We find it unthinkable to have a big block of eight floors on the street, which could lead to 300 cars going into the street by the summer." Borough Mayor Monique Worth insisted Pierrefonds was doing all in its power to ensure legal norms force the developer to create a reasonable project. "Our norms are getting higher and higher," she said. Rochon said previous bylaws allowed a 12-storey high project on the site, but the borough's revisions have already cut that size down to eight. At least one resident of the street was skeptical anything could be built at all. "I wouldn't even invest a cent into that land, it's a swamp," said Michel Davuluy, who has been living there for several years. After the meeting, Worth conceded the city of Montreal would, in an ideal world, like to buy up that land and turn into green space. "I think, in a way, we would like it to be a part of green space that would start, let's say, west of the Rapides du Cheval Blanc and end with that piece of property," Worth said. "But we can't force him to sell at a lower price because we would like to. It's up to him, it's his decision," she said. Though the land is valuated at about $188,000, a purchase by Montreal would cost millions because it is a public body, Worth said. Montreal had a right of expropriation on the property in question up to last May, but did not renew it after it expired, Marsant mentioned at the meeting. Wolofsky did not return calls for comment.
  4. Yesterday Rogers rolled out new data plans for use in Canada/US. 500 MB @ $35 1 GB @ $40 Plus it comes different forms of payment: monthly, 1 year, 2 year and 3 year. I might finally get data on my phone. It seems worth it.
  5. Le potentiel gazier du Québec fait rêver André Caillé. «Les retombées économiques annuelles se compteront en milliards de dollars.» Pour en lire plus...
  6. I've always loved PJ O'Rourke It's worth the click, and there is even a Montreal reference http://online.wsj.com/article/SB10001424052748704050204576218600999993800.html?mod=googlenews_wsj
  7. In case some of you haven,t heard just yet, apparently, a man named Joe Stack flew a small plane into an IRS building in Austin Texas. The man was desperate, and had a few "issues" with the federal gov't. He left behind a suicide letter that is well written and well thought out. Not what you'd expect from someone who's on the verge of killing themselves! Here's a link to that letter! It's a bit long, but well worth it! http://www.prisonplanet.com/alleged-letter-written-by-austin-plane-crash-pilot.html
  8. NEW YORK (CNNMoney.com) -- Real estate values around the nation have collapsed, and sales of foreclosed and "underwater" homes now dominate many housing markets, according to a report released Tuesday. The report, from Zillow.com, a real estate Web site, revealed that with foreclosures soaring, nearly 20% of the nation's home sales in 2008 were of bank-repossessed properties. Another 11% were short sales, in which homeowners owed more in mortgage debt than their homes were worth. Madera, Calif., had the highest percentage of these distressed sales: 54.6% of all transactions there were foreclosed homes, and another 3.4% were short sales. In Merced, Calif., 53.4% of sales were foreclosures and 4.8% were short sales. In nearby Stockton, 51.1% were foreclosures and 5.4% were short sales. "As more markets turn down and markets that were already down go deeper, the pace at which value is being erased from the U.S. housing stock is rapidly increasing," said Stan Humphries, Zillow's vice president in charge of data and analytics. "More value [was] wiped out in the fourth quarter of 2008 than was eliminated in all of 2007," Humphries said. About $3.3 trillion in home equity was erased in 2008, with $1.4 trillion of that wipeout coming in the fourth quarter alone, according to Humphries. More than $6 trillion in value has been lost since the market peaked in 2005. Those equity losses have put many homeowners underwater, where they're extremely vulnerable to foreclosure. These owners can't tap home equity for the cash they need to pay bills when they run into rough financial patches, and they often find it impossible to refinance - lenders will not loan more than the property is worth. In the United States, 17.6% of all homes are now underwater, according to Zillow, as are 41.2% of all mortgages for homes bought in the past five years. The worst-hit cities are in the once-booming Sun Belt. In Las Vegas, 61.4% of all homes are underwater. Because so many homes are worth less than their mortgage balances, an increasing number have to be sold short. But short sale transactions can take a long time to complete, because lenders have been having trouble keeping up with the flood of requests. "The speed of short sales is a function of the resources being allocated to them by lenders, and those resources are being stretched to the limit," Humphries said. That means lenders may not act on approving short sales for months. The deals cannot go forward without their approval, because the banks must agree to forgive the difference between what they're owed and what the sale brings in. As the time it takes to arrange short sales lengthens, they become harder to complete. Time and money wasted One example of how price declines can doom a short sale occurred recently in Phoenix. Curtis Johnson, a real estate broker there, worked with a health care worker whose hours were being cut and who could no longer afford her mortgage. She fell behind and decided to sell. Johnson was able to find a buyer willing to pay $183,000, and got an approval form the lender. The owner confidently moved out, got a new place and started a new life. But the lender folded and the mortgage went to a new servicer, who took six weeks to approve the deal. "Unfortunately, the buyers who were approved were no longer interested because the real estate market had dropped significantly," Johnson said. "They wrote a new offer, considerably lower then the first, and it was time to start over." Two more offers eventually fell through before a new buyer was found and the owner's bank approved the price, this time at $163,000. On the day of that closing, however, the parties discovered that the buyer's lender had run out of funds and dropped out of the deal. The home went to foreclosure auction before another sale could be arranged. The house is now on the market for $139,900. "[The house is] listed for less than what would have been received had the bank been willing to work with us, and still has not yet sold," Johnson said. Distressed sales like that depress the market for all homeowners. Regular sellers in cities dominated by foreclosures have to adjust their prices downward to compete. The percentage of homes sold for less than what their owners originally paid has leaped up in the past couple of years. In the United States as a whole, 34.6% of the sales made in 2008 were done at a loss. In Merced, 71.6% of all sales last year were for less than the seller paid. Stockton, Modesto and Las Vegas all had in excess of 68% of all homes being sold at a loss. Foreclosures beget more foreclosures by adding inventory to the market, which depresses prices, which increases foreclosures, according to Humphries.
  9. Didn't know where to post this, but it makes the most sense here... Trudeau Airport was mentioned on Jeopardy last night... here's the link to youtube! http://www.youtube.com/watch?v=-hHKgaqL5d8 The category was International Airports... they were given the name of the airport and they had to answer the city it is located in. The category begins at 7:08. Trudeau was worth $1000.
  10. http://business.financialpost.com/2011/11/09/european-firms-look-to-canada-to-grow-assets/ It is quite an interesting article. I would say more, but I do not want the jinx it. Is Canada the new land of opportunity? Which countries is Canada really competing with? Australia and Brazil?
  11. J'ai eu le grand plaisir de dejeuner avec quelqu'un tres proche de la scene hoteliere a Montreal. Il m'a appliquer que debut 2013 rien ne va plus et que plusieurs petit/moyen foire (conventions) ont decider de demanger a d'autre ville a cause de la perception de probleme sociale au Quebec. Anyway pas ici pour faire la politique (meme que je souhaite des elections demain!), but apparently a few hotels are considering closing doors as they are no longer profitable. A few projects are also on the ice (Waldorf being one). Apparently a 5 star chain was seriously considering a spot in Montreal up until last year. Tourism and convention related activities are apparently substantially down. Take it for what it's worth.. but not a good sign.
  12. CAE on deck for $500-million defence program By David Pugliese , Canwest News ServiceFebruary 13, 2009 11:02 AM Prime Minister Stephen Harper will be in Montreal Friday where he is expected to announce a new aerospace training facility that will provide work to CAE and other high-tech firms in Canada. The contract to CAE and its partners, which could over time be worth up to $500 million, arrives at a time when the Harper government needs to be seen to provide work and create jobs for Canadians during the recession. Last year, the government selected CAE as the winner of a Defence Department program known as the Operational Training Systems Provider or OTSP. But the actual awarding of the contract was delayed, at first by the election and then by other political developments. OTSP will see the creation of aerospace training facilities to teach Canadian Forces aircrews how to fly new transport planes and helicopters, as well as aircraft to be bought in the future for search and rescue. It is unclear at this point how many new aerospace jobs will be created. Montreal-based CAE, one of the world’s largest aviation simulation firms, had been deemed by the federal government as the only qualified bidder for the program. Defence officials privately say the OTSP program, which will include new training facilities and simulators at different locations in the country, will provide the air force with a common infrastructure for teaching crews on a number of aircraft. The project would run over the next 20 years and include training on new C-130J transport aircraft and other planes that will be purchased in the future. The final value of the deal will depend on how much training for various aircraft fleets will be eventually be included. The initial deal for CAE will focus on the C-130J aircraft and is expected to be worth around $250 million. The CAE team that will work on the project includes Xwave Defence and Aerospace in Ottawa; MacDonald Dettwiler of Richmond, B.C.; NGRAIN of Vancouver; Atlantis Systems International of Brampton, Ont.; Bombardier of St-Laurent, Que., and: Simgraph of Laval, Que. The announcement is seen by the Tories as a good news story as the Harper government has faced criticism from domestic aerospace and defence firms for not spending enough money in Canada. The government has earmarked more than $8 billion for new aircraft purchased from U.S. firms but Canadian companies have complained they have seen little work from those projects. On Thursday, parliamentarians were also calling for stricter oversight on how the Defence Department spends tax dollars after yet another internal audit found a lack of management oversight on a major equipment support project. The Ottawa Citizen reported that Defence Department auditors concluded the government has no idea whether it is getting value for money from a Canadian Forces communications project worth more than $290 million because it is not enforcing the terms of the contract. Defence Minister Peter MacKay found himself answering questions in the Commons from both the NDP and Liberal parties about ongoing problems with military procurement and the growing secrecy over such troubled deals. But according to MacKay the department has strict review policies already in place. “The procurement process is accountable and is transparent,” he noted. But Liberal defence critic Denis Coderre pointed out that previous audits had raised concerns about multi-billion dollar equipment purchases. “Clearly there needs to be big changes made on how this department can be made more accountable and responsible,” added NDP defence critic Dawn Black. “They spend billions and billions of dollars and Canadians have a right to know about what is going on.”
  13. MTLskyline

    Gran Torino

    I just saw this excellent film. It stars Clint Eastwood who plays Walt Kowalski, a proud American veteran who fought in the Korean War, and later worked manufacturing Fords. His prized possession, a 1972 Ford Gran Torino was almost stolen by one of his Hmong neighbours, a young boy named Thao. They eventually become friends, and Walt defends his neighbours on many occaisons from a local Hmong gang. I won't spoil the ending, but it's definitely worth a watch. Aside from his racism, Walt Kowalski is my kind of guy. http://www.imdb.com/title/tt1205489/
  14. Cannabis/Marijuana/Pot: pour ou contre la légalisation? Avec le débat en Californie concernant Prop 19 qui légaliserait le pot, je trouve que ça serait interessant de faire un petit sondage sur le sujet. Libre à vous d'expliquer votre choix de vote dans le fil. ----- My personal opinion: Pot is unhealthy and smoking it is unwise. However... the same can be said about having a pint of beer, yet alcohol is legal. I believe that alcohol is potentially more dangerous and destructive. If alcohol is legal, then it only follows that a less destructive product should be legal for adults 18+, taxed and regulated. I'm in favor of legalization. It's worth noting however that Pot is in fact unhealthy. Just because you don't notice the effects like alcohol doesn't mean there aren't consequences. When consumed daily for extended periods of time (years), Marijuana will have a damaging effect on the brain by inhibiting neurotransmitter function, essentially slowing down your cognitive ability. In other words, if you're a hardcore pot addict, your brain will turn to shit. But again, if you're a serious alcohol addict, your liver will turn to shit too, so... what's the difference?
  15. A billionaire Russian tycoon has bought Manhattan's most expensive ever apartment for a cool $88million for his 22 years old daughter. Dmitry Rybolovlev, said to be worth around $9.5billion, can now enjoy a 6,744 sq ft 10-room apartment which overlooks Central Park in Manhattan. http://www.dailymail.co.uk/news/article-2076017/Russian-billionaire-buys-New-York-Citys-expensive-apartment--88MILLION.html#ixzz1h5n9fLOf
  16. Wealthy Global Buyers Favoring Montreal Spur 17% Gains By Greg Quinn - Dec 4, 2013 11:09 AM GMT-0500 International buyers have thrust Montreal, a city sometimes overshadowed by Toronto and Vancouver, into the national spotlight. Montreal, known for its crumbling water pipes and bridges as much as its cobblestone streets, now stands out for drawing the biggest share of foreign owners. They purchased 49 percent of the 206 homes worth at least C$1 million in the first half of 2013, according to a Sotheby’s International Realty Canada report and survey of brokers. In Vancouver, which boasts a rugged Pacific coastline and cultural ties to Asia, 40 percent of buyers of 1,239 such homes were from abroad. Toronto, which has filled its skyline with condo towers over the last decade, had the smallest portion of international owners, making up 25 percent of 2,947 deals. “The share of foreign buying in the Montreal luxury market surprises me,” said Craig Alexander, chief economist at Toronto-Dominion Bank. (TD) “When we think about the presence of international buyers we tend to think about Vancouver and Toronto.” 16.9% Gain International buyers are shoring up high-end housing in Canada after regulators tightened mortgage rules in 2012 to cool the nation’s booming market. In Montreal, prices of bungalows of around 1,200 square feet (111 square meters) rose as much as 5.4 percent in the third quarter from a year ago, according to figures from Toronto-based Royal LePage Real Estate Services. Dwellings of at least 3,000 square feet worth about C$2.47 million in the Westmount area gained 16.9 percent in the same period. In Vancouver and Toronto, price growth of luxury housing in some neighborhoods also outpaced less costly homes, the data show. Julie Dickson, who heads the Ottawa-based Office of the Superintendent of Financial Institutions, said scant data makes it difficult to determine the impact of foreign buyers on the market. “There is anecdotal evidence at a minimum that foreign investment plays a big role, particularly in Vancouver. And while I think that means Canada is a great place to do business, it also is a risk because it can dry up quickly,” Dickson said during a Nov. 25 presentation in Toronto. Full article ici.
  17. Spoilers: Montreal didn't make the cut. http://edition.cnn.com/2014/11/23/travel/worlds-best-metro-stations/index.html
  18. Vietnam airlines plans on beginning service to Los Angeles in 2018. Montreal is mentioned as a beyond point (whatever that means). .Under the terms of the Vietnam-United States Air Services Agreement, the Vietnamese government, in 2007, designated the following cities in the US it wishes to serve on a regular basis alongside Los Angeles: San Francisco, CA; Seattle Tacoma Int'l; New York; Washington Dulles; and Dallas/Fort Worth. As intermediary points, it specified Taipei Taoyuan, Taiwan and Nagoya Chubu, Japan while beyond travel points were listed as Vancouver Int'l, Montréal Trudeau, and Toronto Pearson in Canada. No local traffic rights between Japan and the United States have been granted.
  19. Demain j'ai envis de prendre une marche et faire le tour des projets, vraiment au grand complet. Voici mon itinéraire. Est-ce que j'ai oublié un site ou un projet? Please let me know! I don't get a chance to do this often, i want to milk it for what it's worth! (And rest assured i'll be posting the pics to their corresponding threads tomorrow) Cliquez ici (google maps) (Les trucs jaunes correspondent aux sites)
  20. http://www.theglobeandmail.com/report-on-business/listings-website-pries-open-property-data-vault/article2213616/ Not sure how many people will approve of this, but it be interesting to see what the average price for homes go for in the area and what not. Zoocasa
  21. Il y a deux semaines, Bernard Madoff est entré au Everglades Barber Shop, sur Worth Avenue, à Palm Beach, en Floride, pour le traitement habituel: une coupe de cheveux (65$US), un rasage (40$US), une pédicure (50$US) et une manucure (22$US). Pour en lire plus...