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  #201  
Old Posted Jul 9, 2007, 4:03 PM
Greco Roman Greco Roman is offline
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Originally Posted by newflyer View Post
Ex-Sask people are starting to file out of Calgary now.. and move back home. I think most people realize that Calgary has peaked.

Ex-Peggers will start heading home too I am sure. .. just there are far fewer Manitobans in Calgary than people from Sask. I did meet a guy from Winnipeg last week .. he works for Westjet. He seemed determined to return tp Winnipeg within the year. We had a very good chat.

Are you back in Manitoba yet? If so, how was/is your trip so far?
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  #202  
Old Posted Jul 9, 2007, 4:08 PM
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Are you back in Manitoba yet? If so, how was/is your trip so far?
I am back ...and am loving every minute of it.

I never realized how green Winnipeg is .. but I guess living in a brown city like Calgary you can tend to forget.

The beaches are great.

One question... whats up with the giant/humungous Flying J sign as I enetered the city. Holy Crap!!!
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  #203  
Old Posted Jul 11, 2007, 2:19 AM
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Parking meters divide Selkirk Avenue businesses
Last Updated: Tuesday, July 10, 2007 | 4:11 PM CT
CBC News

After parking for free for four years, shoppers on Winnipeg's Selkirk Avenue are being forced to plug parking meters.

And some businesspeople on the struggling, North End street say it's hurting their bottom line.

Reg Tucker opened Ye Olde Clip Joint three years ago, providing $10 haircuts in the low-income neighborhood. He said the meters are doing the cutting now — cutting into his business.

"People have to get out of the chair, they've got their hair set in a perm or in colour, they've got to run halfway down the block like that and what are they going to do? Makes no sense," Tucker said.

But Paul Wereschuk, who runs Wereschuk Funeral Chapel, says the meters are necessary. He started the push for them four years ago, because there wasn't much parking available for people coming to his business.

"They had no place to park for four blocks. Mom couldn't walk in." So, Wereschuk said, customers began taking their business elsewhere.


Wereschuk said businesses were surveyed, and they agreed parking meters would help solve the problem.

Charlie Rule, a Selkirk Avenue shopper, didn't know he had to pay, and was not happy to get a ticket. "Here they put it in? They shouldn't put it in here," he said.

The city says the meters are staying.

And though Wereschuk and Tucker don't agree that's a good thing, they do agree on the source of the problem.

They say the parking problems started when the University of Manitoba opened a satellite campus — which includes a school of social work — on the street, and didn't think to provide any parking.

That led to students and staff from from social service agencies occupying spots on the street all day.
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  #204  
Old Posted Jul 11, 2007, 2:24 AM
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theres a cuple emtpy lots they buold build parking on...
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  #205  
Old Posted Jul 11, 2007, 2:32 AM
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It just strikes me, that paid parking won't be condusive to a more vibrant retail strip along Selkirk.

It's already a tough enough sell getting people from outside the neighbourhood to shop down there.
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  #206  
Old Posted Jul 11, 2007, 2:41 AM
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Originally Posted by Only The Lonely.. View Post
It just strikes me, that paid parking won't be condusive to a more vibrant retail strip along Selkirk.

It's already a tough enough sell getting people from outside the neighbourhood to shop down there.
problem is you got people who take up all the parking from the shops... right now...
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  #207  
Old Posted Jul 11, 2007, 7:26 PM
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from today's FREE PRESS

THE Red River has been named by the editors of Where Canada magazine as one of the top 10 destinations in Canada for the summer travel season.
The regional editors of the Canadian travel magazine bill the 10 sites in this year's list as the "must-see" locales "for anyone considering travel within Canada" this summer.

"There are a lot of great tourists attractions along the Red River and we wanted to draw attention to the Red because it was recently designated as a heritage river," said Jillian Brown, local Where editor.

Brown said choosing the Red was a collective decision of the local Winnipeg editorial office.

The Red River was designated as a heritage river last month by the Canadian Rivers Heritage Council (CRHC). There are 43 rivers in Canada with a heritage designation; and three others in Manitoba also have the designation -- the Seal, Hayes and Bloodvein rivers.

While there are several categories that rivers can be recognized for heritage status, including recreational use, the CRHC recognized the Red River because of its rich heritage value -- there are more than 20 heritage sites along the length of the river, including The Forks, the Trappists Monastery and grounds in St. Norbert, Lower Fort Garry, Seven Oaks House Museum, Fort Gibraltar, Riel House, Cooks Creek Heritage Museum, St. Peter Dynevor Church, Brokenhead Ojibway Nation Historic Village and Captain Kennedy House and Garden.
Brown said there are several local attractions tied to the Red River, including the River Walk, the Splash Dash water taxi, and the river cruise operators. Brown said there are also self-guided walking, paddling and driving tours along the Red River that tie in to other local attractions. These tours can be found at the website: www.routesonthered.ca

The other Canadian locales named in this year's Where summer destinations list are: the Atlantic Jazz Festival (Halifax), Dynamic Earth at Science North (Sudbury, Ont.), Galaxy Orbiter roller coaster at Galaxyland (Edmonton), Jasper Discovery Trail (Alberta), the Rideau Canal (Ottawa), Royal BC Museum (Victoria), Michael Lee-Chin Crystal at the Royal Ontario Museum (Toronto), Skyline ride at Canada Olympic Park (Calgary), and Vancouver Lookout.
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  #208  
Old Posted Jul 19, 2007, 12:29 AM
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interesting.......

Winnipeg pork plant gets the axe
JUL 18 2007 04:40 PM
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Maple Leaf Foods says it will close its it Marion Street pork processing operation in Winnipeg in October.The company says it's part of a strategy of centralizing primary pork processing operations in Brandon.
The Marion Street operation employs 145 people and processes between 15,000 to 20,000 hogs per week.
CJOB News
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  #209  
Old Posted Jul 20, 2007, 3:14 AM
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Chamber's Membership Growth Continues to Break Records

Winnipeg Chamber of Commerce President and CEO Dave Angus is confident that the organization is well on its way of meeting its aggressive growth target of having 2,008 members by 2008 after finishing the 2006/2007 fiscal year with 1,876 members – an increase of over seven percent from last year.

“We continue to raise the bar in terms of driving membership at The Chamber,” said Angus. “With 1,876 members, we smashed last year’s membership total of 1,751 and have once again set a new record with the most members in the 134-year history of the organization.”

In fact The Chamber’s impressive membership growth has recently been recognized by the American Chamber of Commerce Executives (ACCE) which represents over 1,400 chambers of commerce of all sizes across North America.

The Winnipeg Chamber of Commerce has received an ACCE Membership Achievement Award as one of the top ten Chambers in the following two categories

1. Number of New Members
2. New Member Dollars

The Chamber will be formally recognized at the ACCE Annual Convention later this summer in Sacramento, California.
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  #210  
Old Posted Jul 20, 2007, 3:16 AM
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Yes.. business is picking up.

... and even better the Chamber is gaining significance and influence. Hopefully this will translate into further investments in the downtown.
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  #211  
Old Posted Jul 20, 2007, 5:34 AM
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Yes.. business is picking up.

... and even better the Chamber is gaining significance and influence. Hopefully this will translate into further investments in the downtown.
little things help
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  #212  
Old Posted Jul 24, 2007, 11:34 PM
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uhler Industries gets takeover bid from Russian firm

Last Updated: Tuesday, July 24, 2007 | 3:45 PM CT

CBC News

A $150-million takeover bid from a Russian company sent shares of agricultural equipment maker Buhler Industries Inc. up more than 13 per cent on Tuesday.
The stock gained 81 cents to finish at $7.01 on the TSX.
Buhler Industries 3-month stock chart
Winnipeg-based Buhler said it had received an offer from the Russian Combine Factory Rostselmash Ltd. to purchase 80 per cent of its outstanding common shares.
The offer would see the Russian firm buy 51 per cent of the outstanding shares at $7.50 by Sept. 30. From 2009 to 2012, the Russian company would buy 7.25 per cent of Buhler's remaining common shares at $7.60 by Sept. 30 each year.
Buhler said its board of directors is "viewing the offer positively" and has struck a committee to study it.
Combine Factory Rostselmash Ltd is a major combine manufacturer located in Rostov-on-Don. It produces over 17 per cent of the total world production of agricultural combines.

Buhler employs about 800 people in Canada and the United States, including 500 in Winnipeg.
John Buhler, who owns 78 per cent of Buhler Industries, said employees should not be worried about their jobs.
"When the largest agricultural wants to buy you, they want to sell your product in their country. And so, I think it will be completely the opposite and sales will go up," he told CBC News.
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  #213  
Old Posted Jul 24, 2007, 11:38 PM
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Drat. I shouldn't have sold out of Buhler at $3.25....
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  #214  
Old Posted Jul 24, 2007, 11:41 PM
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why did its stock colaps this month?
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  #215  
Old Posted Jul 29, 2007, 7:55 PM
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To clarify misconceptions in regards to the Winnipeg Commodity Exhange Holdings Inc.



Here is a press release from the WCE website.


------------------------------------------------------------


WCE Holdings Inc. Announces Receipt of Acquisition Proposal

Tuesday, July 17, 2007 - Winnipeg - WCE Holdings Inc. (Holdings), parent of Winnipeg Commodity Exchange Inc. (WCE), WCE Clearing Corporation (WCECC) and Canadian Climate Exchange Inc. (CCE) announced today that it has received an unsolicited written acquisition proposal from a third party to acquire the shares of Holdings for a purchase price of $77.59 per common share or $50 million Canadian in the aggregate.

WCE is currently party to an arrangement agreement with IntercontinentalExchange, Inc. (ICE) for ICE to acquire the shares of Holdings for a purchase price of $62.08 per common share or $40 million Canadian in the aggregate.

The board of directors of Holdings has determined, after consultation with its legal and financial advisors, that the third party proposal is reasonably likely to result in a superior proposal and has authorized management to negotiate the third party proposal. Holdings is permitted under its arrangement agreement with ICE to accept a superior proposal if ICE fails to match same and Holdings pays ICE a termination fee of $1.2 million.

There can be no assurances that an agreement will be reached with the third party and Holdings does not intend to disclose further developments with respect to negotiations with that party until a definitive agreement is reached or negotiations are terminated.

Winnipeg Commodity Exchange Inc., established in 1887, has been facilitating futures contract trading since 1904. WCE is Canada's only agricultural futures and options exchange and North America's first fully electronic commodity exchange. WCE offers futures and options contracts on canola, domestic feed wheat, and western barley.

--------------------------------------------------------------

The deal is still very much in air.. and only time will tell how this will work out.

Rumour has it that JRI is interested in the WCE .... and with the payout from the Agricore deal and the freed up capital they are in position to take it if they believe it is in there interests.
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Last edited by newflyer; Jul 29, 2007 at 8:03 PM.
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  #216  
Old Posted Jul 29, 2007, 8:16 PM
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if jri bought the wce it could be interesting times
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  #217  
Old Posted Aug 2, 2007, 4:54 PM
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Good news on a local company. The combined company will have about 3600 employees, sales of $1.2 bill, (previously 2600 and sales of $750k) with HQ in Winnipeg!!!

from freepress....***

Standard Aero a perfect fit for new owner - Dubai firm chooses city company for its 'operational excellence'

Thu Aug 2 2007
By Martin Cash

Standard Aero, one of the world leaders in providing maintenance, repair and overhaul (MRO) for gas turbine engines, has been bought by a global aerospace giant.

STANDARD Aero has become the first acquisition -- and potentially the cornerstone -- for a new $15-billion global aerospace firm.
Dubai Aerospace Enterprise bought Winnipeg's Standard Aero and Landmark Aviation based in Tempe, Ariz. for US$1.9 billion US from the Carlyle Group. (Standard went for US$1.034 billion.)

They are the first acquisitions for DAE which was formed in February 2006 by several large Dubai investment firms, as well as the government of Dubai, with the intention of building a global aerospace, manufacturing and services corporation.

Paul Soubry Jr., Standard's CEO will become the president and CEO of the combined Standard and Landmark which will be based in Tempe. A name for the combined entity has not yet been determined.

"This is a very exciting time for our employees," Soubry said. "For the last number of years we had private-equity ownership. We spent a lot of time looking over our shoulders knowing full well that there was going to be an exit strategy. Now for the first time in a decade we will be part of an organization whose stated objective is to build a world-class operating aerospace company."

Standard is one of the world leaders in providing maintenance, repair and overhaul (MRO) for gas turbine engines for regional airlines, military, business aviation, helicopters and industrial operators around the world.
Landmark does airframe and engine MRO as well as avionics and interior refurbishing of mid-sized and heavy aircraft.

Robert Mionis, the president of DAE's engineering division said the integration of the two companies will mean better opportunities for growing both.

"The combination of the two businesses will create a more balanced portfolio across various market segments like business aviation, military, airlines, helicopter and energy," he said in phone interview from New York.

"As a result of that and the additional scale we'll be able to pursue new customers and grow the business in an effective way."

Mionis is a former senior executive with Honeywell Aerospace and other senior executives with DAE have extensive high-level experience in the aerospace industry.

That's different than Standard's previous two owners. The Carlyle Group, a global private-equity firm bought the company in the summer of 2004 and prior to that Standard was owned by the British private-equity firm Doughty Hanson & Co. since 1998.

Mionis said he and other DAE people have admired Standard Aero from afar for many years.

"Standard is very well known for its operational excellence and prominent market position," he said. "Customers love doing business with them and I feel fortunate to now be involved in the company from the inside."

He said another attractive feature of Standard is its "superb" workforce and its excellent management team that has "been through a lot of change and created a lot of value."

Soubry said there are no plans to alter the Winnipeg operations that employ about 1,300 people. Standard also has another 1,250 employees in facilities in Tennessee, San Antonio, Texas, the Netherlands, Singapore and Sydney, Australia.

He said rather than be concerned that Standard will now have to conform to the corporate culture of another company, Soubry thinks the opposite could happen.

"One of the reasons they sought us out was because they liked the way we operate," he said.

"We are the first major investment. They will use us as a base to build on rather than come in and change our culture. They want to build and use it to leverage growth of DAE."

martin.cash@freepress.mb.ca
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  #218  
Old Posted Aug 3, 2007, 12:09 AM
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That's interesting news..

But like the Agricore merger before it I must ask, why didn't they choose Winnipeg as the HQ of the new amalgamated company?

I think there's a serious issue with the business climate in our city. Unlike the Sask Wheat Pool this company had no loyalties to either community, and still it chose Tempe Arizona over Winnipeg Manitoba.

It's unfortunate that this issue isn't discussed in the press.
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  #219  
Old Posted Aug 3, 2007, 1:14 AM
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That's interesting news..

But like the Agricore merger before it I must ask, why didn't they choose Winnipeg as the HQ of the new amalgamated company?

I think there's a serious issue with the business climate in our city. Unlike the Sask Wheat Pool this company had no loyalties to either community, and still it chose Tempe Arizona over Winnipeg Manitoba.

It's unfortunate that this issue isn't discussed in the press.
To the best of my knowledge .. there has been no final decision made and probibly won't be made for months. The operations will remain in Regina until then.. while the finance will be located in Winnipeg, until the long term plans can be made for this new (soon to be renamed) company.
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  #220  
Old Posted Aug 3, 2007, 7:41 PM
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Tempe, Arizona is simply the parent company HQ (staff of 5), everything else is WPG.
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