HomeDiagramsDatabaseMapsForum
     

Go Back   SkyscraperPage Forum > Regional Sections > Canada > Manitoba & Saskatchewan

Reply

 
Thread Tools Display Modes
     
     
  #1861  
Old Posted Apr 12, 2018, 9:03 PM
Authentic_City's Avatar
Authentic_City Authentic_City is offline
Registered User
 
Join Date: Apr 2011
Posts: 1,273
^Bare shelves are certainly an issue that make it hard to shop there. I'm sure all the uncertainty about Neechi's future have hurt sales and made it difficult to keep the store stocked up. But really, you can't fault Neechi for not competing with Superstore on prices. There has to be a markup to keep it viable - just like any small independent neighbourhood grocer. For folks in the area who don't have a car, it's not an option to shop at Superstore anyway. I agree that the older store on Dufferin was a good thing. Unfortunately, they were far too ambitious with their expansion.
Reply With Quote
     
     
  #1862  
Old Posted Apr 12, 2018, 11:59 PM
Tacheguy Tacheguy is online now
Registered User
 
Join Date: Feb 2015
Posts: 812
Quote:
Originally Posted by Authentic_City View Post
^Bare shelves are certainly an issue that make it hard to shop there. I'm sure all the uncertainty about Neechi's future have hurt sales and made it difficult to keep the store stocked up. But really, you can't fault Neechi for not competing with Superstore on prices. There has to be a markup to keep it viable - just like any small independent neighbourhood grocer. For folks in the area who don't have a car, it's not an option to shop at Superstore anyway. I agree that the older store on Dufferin was a good thing. Unfortunately, they were far too ambitious with their expansion.
yup. not sure that art gallery was ever going to generate much revenue. the restaurant I thought was not bad and had some potential. maybe it will reopen at some point.
Reply With Quote
     
     
  #1863  
Old Posted Apr 27, 2018, 4:15 PM
The Unknown Poster The Unknown Poster is online now
Registered User
 
Join Date: Mar 2012
Posts: 839
Anyone lose any money in any of these schemes?

As I gather, he appealed and got a stiffer sentence! That sucks lol

http://www.cbc.ca/news/canada/manito...dyck-1.4626794

Quote:
A Winnipeg businessman convicted of fraud and tax evasion had his fine more than doubled from just over $1 million to more than $2 million earlier this month, after he appealed, seeking a lower sentence.

Jeff Dyck was sentenced to three years in prison in January 2017, after he and partner Neil Friesen pleaded guilty to two counts of tax evasion for their involvement in a company called One World United Inc.

Dyck had served as the president and sole shareholder of the company, which had participants contribute an amount in cash and, in return, provided false invoices for business losses in amounts greater than the cash contribution.
Reply With Quote
     
     
  #1864  
Old Posted Apr 27, 2018, 4:27 PM
esquire's Avatar
esquire esquire is online now
Think about Winnipeg.
 
Join Date: Oct 2001
Posts: 21,151
^ That whole scheme just reeked of sketchiness.
Reply With Quote
     
     
  #1865  
Old Posted Apr 27, 2018, 4:44 PM
The Unknown Poster The Unknown Poster is online now
Registered User
 
Join Date: Mar 2012
Posts: 839
Quote:
Originally Posted by esquire View Post
^ That whole scheme just reeked of sketchiness.
It was multiple scams with this guy too. He just moved from one to another. But hey, lots of big name wrestlers came to Winnipeg with investors money!
Reply With Quote
     
     
  #1866  
Old Posted May 15, 2018, 9:50 PM
bomberjet bomberjet is online now
Registered User
 
Join Date: Nov 2012
Location: Winnipeg
Posts: 7,927
https://winnipeg.ctvnews.ca/winnipeg...york-1.3931022

Winnipeg Commodity Exchange's last trading function moving to New York

The American company that bought the Winnipeg Commodity Exchange in 2007 says it is shutting down its last commodity trading function.

Atlanta-based Intercontinental Exchange Inc. (ICE) says it will move trading of canola contracts from Winnipeg to New York by July 29.
Reply With Quote
     
     
  #1867  
Old Posted May 16, 2018, 1:49 AM
OTA in Winnipeg's Avatar
OTA in Winnipeg OTA in Winnipeg is offline
Registered User
 
Join Date: Mar 2016
Location: South Osborne
Posts: 640
Quote:
Originally Posted by bomberjet View Post
https://winnipeg.ctvnews.ca/winnipeg...york-1.3931022

Winnipeg Commodity Exchange's last trading function moving to New York

The American company that bought the Winnipeg Commodity Exchange in 2007 says it is shutting down its last commodity trading function.

Atlanta-based Intercontinental Exchange Inc. (ICE) says it will move trading of canola contracts from Winnipeg to New York by July 29.
Yep. Big money always wins the day.
__________________
Put up an antenna. TV is free as it always was and now comes with full program descriptions for the next 14 days on each channel, plus full HD that's far superior to cable and again, it's free!(after initial setup).
Reply With Quote
     
     
  #1868  
Old Posted May 16, 2018, 2:05 AM
Tacheguy Tacheguy is online now
Registered User
 
Join Date: Feb 2015
Posts: 812
Quote:
Originally Posted by OTA in Winnipeg View Post
Yep. Big money always wins the day.
I hope we aren't losing too many jobs here.
Reply With Quote
     
     
  #1869  
Old Posted May 16, 2018, 1:15 PM
Biff's Avatar
Biff Biff is online now
What could go wrong?
 
Join Date: Jun 2004
Location: Winnipeg
Posts: 6,055
^^^ I thought I heard there will be no job losses. It was something like 12 or 14 people and they could all be re-assigned to different positions.
__________________
"But a city can be smothered by too much reverence for its past. The skyline must keep acquiring new peaks, because the day we consider it complete and untouchable is the day the city begins to die." - Justin Davidson - May 2010 Issue of New York
Reply With Quote
     
     
  #1870  
Old Posted May 16, 2018, 1:49 PM
bomberjet bomberjet is online now
Registered User
 
Join Date: Nov 2012
Location: Winnipeg
Posts: 7,927
Quote from the article: It says two of its 14 local staff will continue to work in Winnipeg to maintain ties with grain companies based there.

Overall a small amount of jobs. However, it's an end of an era...
Reply With Quote
     
     
  #1871  
Old Posted May 16, 2018, 1:56 PM
esquire's Avatar
esquire esquire is online now
Think about Winnipeg.
 
Join Date: Oct 2001
Posts: 21,151
^ The job losses have basically all happened already. The ICE Futures desk in Winnipeg moved to a small office on Pembina years ago.
Reply With Quote
     
     
  #1872  
Old Posted May 28, 2018, 2:03 AM
Urban recluse Urban recluse is online now
Registered User
 
Join Date: Oct 2015
Posts: 4,761
Winnipeg breweries boost commercial leases
Thanks to provincial legislation that reduced red tape and the cost for starting up brewing operations, Winnipeg has become a hotbed of craft options

http://www.westerninvestor.com/news/...ses-1.23311861
Reply With Quote
     
     
  #1873  
Old Posted May 28, 2018, 7:38 PM
Wolf13 Wolf13 is online now
Registered User
 
Join Date: Apr 2016
Posts: 1,411
Quote:
Originally Posted by Urban recluse View Post
Winnipeg breweries boost commercial leases
Thanks to provincial legislation that reduced red tape and the cost for starting up brewing operations, Winnipeg has become a hotbed of craft options

http://www.westerninvestor.com/news/...ses-1.23311861
This is exciting. Hoping more distilleries follow as well.
Reply With Quote
     
     
  #1874  
Old Posted May 28, 2018, 10:09 PM
optimusREIM's Avatar
optimusREIM optimusREIM is online now
There is always a way
 
Join Date: May 2014
Location: Winnipeg
Posts: 1,094
Quote:
Originally Posted by Wolf13 View Post
This is exciting. Hoping more distilleries follow as well.
The trouble with distilleries is that for any sort of whisky it'll be at least 10 years before it matures. Same with better rums. Pity given that it would be awesome to support a local product
Reply With Quote
     
     
  #1875  
Old Posted May 31, 2018, 4:40 PM
Wpg_Guy's Avatar
Wpg_Guy Wpg_Guy is online now
Registered User
 
Join Date: Aug 2002
Location: Winnipeg, Manitoba, Canada
Posts: 2,795
City's real estate 'not about home runs'
Staid market is attractive to some investors, but hard to break into
Martin Cash By: Martin Cash
Posted: 05/31/2018 4:00 AM

At what might have been the largest real estate conference ever held in Winnipeg on Wednesday, there was a lot of discussion about technical considerations for investment strategies related to macroeconomic trends, the high cost of construction and uncertainties about headwinds facing the retail sector.

But mostly, investors and developers from Toronto and Vancouver who were in attendance at the Winnipeg Real Estate Forum heard about the well-paced and organized — albeit modest — market that exists in here.

PHIL HOSSACK / WINNIPEG FREE PRESS FILES</p><p>True North Square, the first multi-tenant downtown office building to be built in the city in more than 30 years, is about 50 per cent leased with a little more than a month left before occupancy.</p>
PHIL HOSSACK / WINNIPEG FREE PRESS FILES

True North Square, the first multi-tenant downtown office building to be built in the city in more than 30 years, is about 50 per cent leased with a little more than a month left before occupancy.

One of the speakers made the remark that Winnipeg’s multi-family market is under-demolished rather than overbuilt.

There are modest price increases, but there is no housing bubble anywhere in sight. And the market remains small enough that one new downtown office tower — True North Square — is causing a major ripple effect in the office market.

But the most intense activity for investors and developers across all types of real estate is not office or multi-family or retail developments — it’s industrial.

Welcome to Winnipeg.

But the strong presence of investors from across the country — about one-third of the 700 in attendance at the conference were from out of town — made it clear that they would like to participate more actively in that kind of boring, predictable marketplace where huge risks do not have to be taken to be able to get proper returns on investment.

With apartment vacancy rates at 2.8 per cent and industrial property vacancy rates at three per cent, you would think there would be plenty of opportunities for investors. Vacancy rates are dangerously low, one such investor said — so low they may be impeding growth.

But Don White, a veteran commercial property broker in Winnipeg with Colliers International, said, "The worst thing that could happen in Winnipeg is for someone to come in and build 5,000 apartment units and three million square feet of industrial space."

That’s because the city rate of growth would not be able to handle it.

(Most investors and developers in attendance were reluctant to comment on the fate of the proposed 40-storey SkyCity project. But one senior executive in the know said unequivocally, "It’s done.")

"Winnipeg is about singles and doubles. It’s not about home runs," said Ugo Bizzarri, a senior executive with Timbercreek Asset Management, the Toronto firm currently in the process of converting the old Medical Arts Building into 100-plus apartment units.

That’s relative to other markets, such as Calgary, for instance.

Brian Bastable, the chief operating officer of multibillion-dollar fund Slate Asset Management LP, said his firm just acquired a portfolio of office properties in Calgary.

Obviously he is hopeful about that investment, but he said, "We have lots of leasing to do. It’s scary and dangerous."

The real estate forum, which is held every two years, is an opportunity to highlight the attractiveness of the Winnipeg market.

But this is not 1995. The particulars about the Winnipeg real estate market are well known. The market matured and has well-defined dynamism and undeniable growth opportunities, but it remains hard to break into. And it’s not because everything is too expensive or because there are unique roadblocks to trading in this market.

The local investment community has things pretty much sewn up.

Speakers said whenever a quality property from any investment class comes on the market, there is always plenty of demand and investors line up to get in on the deal.

Blair Forster, president of the Regina-based Forster Projects and co-developer of the 117-acre Seasons retail/residential/office/hotel development whose centrepiece is Outlet Collection Winnipeg, is keen on the Winnipeg market.

But he said he has a hard time finding other opportunities here, even though institutional investors have long treated Winnipeg as a flyover market.

"Level of sophistication among local investors... they take over and transactions occur before properties even hit the market," Forster said.

That being the case, it is not surprising that the local True North folks with partners James Richardson & Sons are responsible for the first new multi-tenant downtown office building in the city in more than 30 years — a building that is about 50 per cent leased a little more than a month away from occupancy.

And while it is causing some vacancies and musical chairs among the other class A office buildings, it is also causing landlords to work on their properties to retain and attract new tenants.

"It’s forcing everyone to up their game," said Ryan Munt, an office leasing agent at Cushman & Wakefield/Stevenson. "It’s a great time to be in the office market in Winnipeg."

martin.cash@freepress.mb.ca

Read more by Martin Cash
https://www.winnipegfreepress.com/bu...484133263.html
Reply With Quote
     
     
  #1876  
Old Posted May 31, 2018, 5:35 PM
OTA in Winnipeg's Avatar
OTA in Winnipeg OTA in Winnipeg is offline
Registered User
 
Join Date: Mar 2016
Location: South Osborne
Posts: 640
Quote:
Originally Posted by WpG_GuY View Post


"Winnipeg is about singles and doubles. It’s not about home runs," said Ugo Bizzarri, a senior executive with Timbercreek Asset Management, the Toronto firm currently in the process of converting the old Medical Arts Building into 100-plus apartment units.
Great news. Did not know that this was going forward.
__________________
Put up an antenna. TV is free as it always was and now comes with full program descriptions for the next 14 days on each channel, plus full HD that's far superior to cable and again, it's free!(after initial setup).
Reply With Quote
     
     
  #1877  
Old Posted May 31, 2018, 5:57 PM
cllew cllew is offline
Registered User
 
Join Date: Feb 2012
Posts: 2,869
Quote:
Originally Posted by optimusREIM View Post
The trouble with distilleries is that for any sort of whisky it'll be at least 10 years before it matures. Same with better rums. Pity given that it would be awesome to support a local product
Would it be possible to buy bulk product of different ages from other distillers and blend them into your own product? That might allow some of the distilleries in Winnipeg to get into business faster.
Reply With Quote
     
     
  #1878  
Old Posted May 31, 2018, 6:02 PM
bomberjet bomberjet is online now
Registered User
 
Join Date: Nov 2012
Location: Winnipeg
Posts: 7,927
I dont' see how you could even get into business if you had to wait 10 years. 10 years is a very long time.
Reply With Quote
     
     
  #1879  
Old Posted May 31, 2018, 6:39 PM
TimeFadesAway TimeFadesAway is offline
Registered User
 
Join Date: Apr 2015
Posts: 540
Quote:
Originally Posted by bomberjet View Post
I dont' see how you could even get into business if you had to wait 10 years. 10 years is a very long time.
They tend to start off making non-aged liquors like gin and vodka while the other stuff ages.
Reply With Quote
     
     
  #1880  
Old Posted May 31, 2018, 8:06 PM
cllew cllew is offline
Registered User
 
Join Date: Feb 2012
Posts: 2,869
I've tried the 204 brand of Manitoba Vodka and it is good. I believe that it is from a distiller in the Springfield Industrial area by Gunn rd.
Reply With Quote
     
     
This discussion thread continues

Use the page links to the lower-right to go to the next page for additional posts
 
 
Reply

Go Back   SkyscraperPage Forum > Regional Sections > Canada > Manitoba & Saskatchewan
Forum Jump


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 8:37 PM.

     

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2018, vBulletin Solutions, Inc.