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2 weeks ago | 
storeys.com | South D Street |Michael McKiernan
As the City of Toronto prepares for the official opening of its long-awaited St. Lawrence Market North building, the contractor in charge of the project has launched an $83-million lawsuit against the municipality. The North building’s official opening celebration is scheduled for May 10, more than seven years after the Buttcon Limited/The Atlas Corporation Joint Venture won the bid on a project that was originally supposed to be complete by 2022.
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1 month ago | 
benefitscanada.com | Michael McKiernan |Jennifer Paterson
Michael McKiernan In the social media age, it’s easier than ever to lose perspective on events and even institutional investors are susceptible to overreaction amid the avalanche of news and speculation that surrounds the second Trump administration, tensions in the Middle East and shifting market dynamics.
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1 month ago | 
benefitscanada.com | Benefits Canada |Blake Wolfe |Sadie Janes |Michael McKiernan
Head to head: Do mental-health first aiders do more harm than good?
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Jan 15, 2025 | 
investmentexecutive.com | Michael McKiernan
Had it acted in accordance with its own statement of investment policies and procedures and followed a “prudent due diligence and investment approval process,” the board would not have gone through with the deal, the claim continues. None of the allegations in the statement of claim, which lists John Archibald of Toronto law firm Investigation Counsel P.C. as counsel to the plaintiffs, have been proven in court. The lawyer did not respond to a request for comment.
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Oct 15, 2024 | 
investmentexecutive.com | Michael McKiernan
Michael McKiernan With well over 1,000 ETFs trading in Canada and dozens more entering the market every year, providers need to make a splash at launch if they want to get noticed. Patrick Sommerville, co-president of Hamilton ETFs in Toronto, aims to generate a virtual circle of excitement and investment.
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Oct 11, 2024 | 
benefitscanada.com | Michael McKiernan
Michael McKiernanFor institutional investors looking to add some glitz to their portfolio, digital infrastructure may not be the right asset class. Benn Mikula and his colleagues at Cordiant Capital Inc. have a nickname for the group of assets — which includes communications towers, data centres and fibre optics — typically featured in a digital infrastructure portfolio. “We call it the plumbing of the internet,” says Mikula, the organization’s managing partner and chief executive officer.
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Oct 3, 2024 | 
winchesterstar.com | Michael McKiernan
Bryan Pearce-Gonzales has demonstrated the skills and leadership to be a dedicated and successful mayor for Winchester through his past leadership roles. As a college professor and member of the Winchester School Board, Pearce-Gonzales has proven his commitment to the education of young people in Winchester. Bryan is a well-respected professor at Shenandoah University and a seven-year member of the Winchester Public School Board and current chair.
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Aug 26, 2024 | 
investmentexecutive.com | Michael McKiernan
Much of the updated guidance, released Aug. 15, could be characterized as housekeeping, said Toronto tax lawyer David Rotfleisch: “This whole area is fraught with uncertainty, so the more clarity they can bring to it, the better off we all are.”Bhuvana Rai, a lawyer with Mors & Tribute Tax Law, said the latest round of updates will reduce the disclosure burden on taxpayers.
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Jul 4, 2024 | 
investmentexecutive.com | Michael McKiernan
Amendments in C-59 expanded the definition of an avoidance transaction from one whose primary purpose is obtaining a tax benefit to a transaction where a tax benefit is “one of the main purposes.” And a transaction’s lack of economic substance now “tends to indicate” that it results in misuse or abuse. “If there is an indication the GAAR may apply to a particular transaction, tax practitioners really need to make sure they do their due diligence and analyze all the guidance and previous case law.
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Jun 21, 2024 | 
benefitscanada.com | Michael McKiernan
Michael McKiernanWhen Phillip Kotanidis took over as chief human resources officer at Toronto’s Michael Garron Hospital in 2018, the financial well-being of staff wasn’t exactly high on his agenda. In such a fast-paced and potentially stressful workplace, money matters naturally took a backseat to the physical and mental health of the hospital’s staff, who are members of the Healthcare of Ontario Pension Plan.
