News

Editorial: Fleeing Canada’s “economic mess”

In a brilliant coup which startled this country’s financial district s, one of Canada’s top developers, Robert Campeau, single- handedly gained control of Allied Stores Corp., a huge U.S. store chain….


Big institutions behind Resource Capital Intl.

Take 45 of the largest financial institutions in the world, add almost $40 million in capital — loose change for the big players — and you get Resource Capital International (RCI). Bermuda-based in …



McIntyre posts nine-month profit

For the nine months ended Sept 30, McIntyre Mines posted a profit of $1.65 million or 45 cents per share before extraordinary income, compared to a profit of $1.3 million or 36 cents per share in th…



Obituary: Lyle Smith

A long-time prospector and mining entrepreneur, Lyle F . Smith, has d ied at the age of 65, at his home in Killaloe, Ont. Mr Smith was particularly active throughout his career in northern Ontario and…



Tax Angles: The `At-Risk’ rules (Part 2)

Recent court decisions foiled Revenue Canada’s general attempt to limit a limited partners’ allocation of deductions to the amount of his liability for economic loss or “at-risk” amount. The moratoriu…






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