Quote:
Originally Posted by Migrant_Coconut
But PARQ restructured their debt just a week or two after those articles - they were running an operating profit of $18 million just that same year. The new regs are hardly killing the casino industry like some would have us believe. |
$18! million! massive profits on billions in investment! crazy how much money these damn casinos are making off us.
Quote:
Originally Posted by Changing City
I don't think any of the businesses that have chosen to close voluntarily will 'save' money in the short term. This says Nike will lose money while they're closed. Businesses are shuttering because it's what they think is the best way to protect their staff, (and to a certain extent their brand), but it's going to cost them something - and even more if they continue to pay staff, as several have indicated. It will be the smaller, independent retailers who are really going to struggle, and any chains that are in financial trouble already (Bed, Bath and Bankrupt maybe?). |
I think Vancouver should suspend its planned property tax increase and/or provide exemptions from property tax during the months businesses are closed.
People are cutting back, the city should have to too. 7% is insane. It'll be higher since luxury property's burden is being shifted to affordable housing.
Threaded Mode