Quote:
Originally Posted by Stephen LaRose
Did Asper put up part or all of Creswin for Canwest's line of credit? If so, then Asper's pretty much out of the picture, given Canwest's financial meltdown.
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Nope ... Creswin is a completely separate business.
In actual fact the future revenue of the proposed retail development behind Polo Park will fund the new Blue Bomber stadium. Creswin owns many retail and commercial developments and this will be an addition to there real estate portfolio.
You should really do your homework on this one.. you seem very mixed up and confused. Let me assure Creswin has absolutely nothing to do with Canwest, other then it owns the tower which houses the Head Office of Canwest Global. I wouldn't get too fixated one Canwest.
The Asper wealth is not only tied to Canwest .. They wholely own Creswin, which is a sizable and growning real estate company, as well run an organization of asset management and other investments.