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  #8901  
Old Posted Jun 21, 2013, 2:53 PM
Peter_johnns Peter_johnns is offline
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The Courtney Bay causeway should have been a bridge
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  #8902  
Old Posted Jun 22, 2013, 1:56 PM
cdnguys cdnguys is offline
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New Second Cup and CenterBeam Place













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  #8903  
Old Posted Jun 23, 2013, 8:35 PM
CdnEh CdnEh is offline
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Quote:
Originally Posted by kwajo View Post
Do I get the $20 if I was in there last week? Because I was

You... touched... the Marsh Creek...outflow??????????

That is quite horrifying. I'm praying for you.
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  #8904  
Old Posted Jun 23, 2013, 9:36 PM
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That Second Cup location looks fabulous!!!
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  #8905  
Old Posted Jun 24, 2013, 1:34 AM
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Quote:
Originally Posted by CdnEh View Post
You... touched... the Marsh Creek...outflow??????????

That is quite horrifying. I'm praying for you.
I'm usually in there a couple of times a week. Being a scientist is a messy job, but someone's got to do it.

Look on the bright side, no one asked me to post photos of what our gear looks like after sitting overnight in the creek
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  #8906  
Old Posted Jun 24, 2013, 1:35 AM
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Quote:
Originally Posted by MonctonRad View Post
That Second Cup location looks fabulous!!!
It is excellent, already one of my favorite spots to do work in the city, although mainly because of its hours (open until 10:00 on weeknights, which is many hours better than most coffee shops Uptown).
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  #8907  
Old Posted Jun 24, 2013, 1:06 PM
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I would put the Saint John uptown Second Cup location as the best in the country. What an amazing place!
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  #8908  
Old Posted Jun 24, 2013, 7:48 PM
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from CBC:

Saint John-Digby ferry to be replaced

Princess of Acadia is being retired after 42 years of service
CBC News Posted: Jun 24, 2013 3:42 PM AT Last Updated: Jun 24, 2013 4:07 PM AT

The ferry between Saint John, N.B. and Digby, N.S. is being replaced, federal and provincial government officials announced on Monday.

The federally-owned MV Princess of Acadia ferry is being retired after 42 years of service.

“A replacement vessel will ensure safe, reliable and efficient operation of this ferry service while creating jobs and supporting the local economy," Minister of National Defence and MP for Central Nova Scotia Peter MacKay said in a statement.

The federal government has set aside $60 million for a replacement vessel.

It may not be a new ferry, but it will be newer, more efficient and will ensure continuous service for decades to come, officials said.

It will also be equipped with new amenities and features, they said.

A world-wide procurement process will be launched soon.

The current ferry operates year-round with a total capacity for 155 cars and 33 tractor trailers.

It is operated by Bay Ferries Ltd.

Transport Canada owns both ferry terminals.

Saint John MP Rodney Weston and West Nova MP Greg Kerr also attended the announcement at Bay Ferries in Digby.
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  #8909  
Old Posted Jun 25, 2013, 2:18 PM
Ire Narissis Ire Narissis is offline
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Well, that's good news. Hopefully a new ship will spark renewed public interest in the ferry and give ridership numbers a little boost.

It is a little sad to see a purpose-built vessel made in Saint John be replaced by some sort of improvised solution, but the Princess of Acadia is so overdue for retirement that anything is an improvement at this point.

I just hope they don't go overboard and get a vessel that's too big for the traffic to support.
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  #8910  
Old Posted Jun 27, 2013, 3:05 PM
Peter_johnns Peter_johnns is offline
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Could the Paramount become a first-run movie theatre again? Check this out:
http://thechronicleherald.ca/busines...-film-business

Last edited by Peter_johnns; Jun 27, 2013 at 3:15 PM.
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  #8911  
Old Posted Jun 27, 2013, 4:11 PM
thefishingnut thefishingnut is offline
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Quote:
Originally Posted by Peter_johnns View Post
Could the Paramount become a first-run movie theatre again? Check this out:
http://thechronicleherald.ca/busines...-film-business
I don't understand why you're connecting change of ownership of Empire to a restoration of the Paramount - can you elaborate?
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  #8912  
Old Posted Jun 27, 2013, 4:17 PM
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Empire sold the Paramount to a private developer (with a proven track record of demolishing Uptown buildings for parking lots) several years ago. Unless I win the lottery soon, its future is still as troubling as ever.
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  #8913  
Old Posted Jun 27, 2013, 7:55 PM
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Had to share this great picture of Saint John I found on Instagram! Makes me think of Brooklyn! The transfer of the image is not the best, but it's still a great shot.

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  #8914  
Old Posted Jun 27, 2013, 10:34 PM
RaginRonic RaginRonic is offline
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This is a presser relating to the sale of Empire Theatres, on the end of Cineplex Entertainment.

http://cineplexgalaxy.disclosureplus...atres-Ltd.aspx

Quote:
Cineplex to Acquire 26 Theatres from Empire Theatres Ltd.

TORONTO, ONTARIO--(Marketwired - June 27, 2013) - Cineplex Inc. (TSX:CGX) ("Cineplex") today announced it has entered into an agreement to purchase select theatres from Empire Theatres Limited ("Empire") for a cash purchase price of $200 million, subject to certain adjustments to be made at closing.

The purchase includes 24 Empire theatres located in Atlantic Canada - 13 in Nova Scotia, six in New Brunswick, three in Newfoundland, and two on Prince Edward Island. Also included are two Ontario locations in Whitby and Kanata. The 26 theatres will add a total of 218 screens to the Cineplex circuit.

"This is a significant event for Cineplex, as the acquisition will provide our company with a truly national, coast-to-coast presence," said Ellis Jacob, President and CEO, Cineplex Entertainment. "This acquisition is an excellent strategic fit for Cineplex. It provides us with a presence in Atlantic Canada and it will enable us to leverage our existing businesses to maximize shareholder value."

Cineplex will invest in the acquired theatres and may add its proprietary UltraAVX™ auditoriums, VIP Cinemas and XSCAPE Entertainment Centres to certain locations. The theatres will be rebranded as Cineplex Cinemas.

"We look forward to providing our future guests with an exceptional entertainment experience, including access to the SCENE loyalty program, our popular Front Row Centre Events and our interactive and mobile offerings," said Jacob. "In addition, our media and promotional partners will now benefit from a national platform."

"Cineplex has an excellent track record of delivering incremental value when integrating businesses, through the realization of operating synergies and efficiencies, resulting in increased EBITDA," said Pat Marshall, Vice President Communications and Investor Relations.

Financial Highlights

For the year ended December 31, 2012, the 26 theatres had total revenues of approximately $113 million. After reflecting expected synergies, management has placed an effective acquisition multiple on the transaction of approximately 8.0x adjusted EBITDA. Management expects the transaction to be immediately accretive to earnings per share and adjusted free cash flow per share.

Closing of the Transaction

Closing of the transaction is subject to customary conditions, including receipt of relevant regulatory approvals and is expected to close in approximately 60 days. Cineplex will submit a request for an Advance Ruling Certificate ("ARC") to the Commissioner of Competition regarding this transaction.

Financing

Cineplex has availability under its existing credit facilities to fund the purchase price and will continue to assess its financing options.

Non-GAAP Measures

This press release makes reference to certain non-GAAP measures. These non-GAAP measures do not have a standardized meaning in accordance with such principles and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement GAAP measures by providing further understanding of operations from management's perspective. Management presents non-GAAP measures, specifically EBITDA, adjusted EBITDA and adjusted free cash flow as it believes that these non-GAAP measures are frequently used by securities analysts, investors, lenders and other interested parties as measures of financial performance and to provide a supplemental measure of operating performance and thus highlight trends that may not otherwise be apparent when relying solely on GAAP measures.

Because non-GAAP measures do not have standardized meanings, securities regulations require that non-GAAP measures be clearly defined and qualified, and reconciled to their nearest GAAP measure. The definitions of the non-GAAP measures contained in this release are as follows:

"EBITDA" is calculated by adding back to net income, income tax expense, amortization and interest expense net of interest income.

"Adjusted EBITDA" is calculated by adjusting EBITDA for gains and losses on disposal of assets, amortization and income tax expenses of joint ventures, and the share of income of the Canadian Digital Cinema Partnership ("CDCP").

"Adjusted free cash flow" is calculated as cash provided by operating activities adjusted to remove the impact of changes in operating assets and liabilities, plus proceeds on sale of assets, less maintenance capital expenditures, tenant inducements, principal component of finance lease obligations, and cash invested in CDCP, plus share of income of other joint ventures, net of non-cash depreciation.

Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of applicable securities laws, such as statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Forward-looking information in this press release includes, but is not limited to, statements regarding the timing and completion of the proposed acquisition (including the number of locations), final financing breakdown, timing and value of expected synergies, the effective acquisition multiple and accretion, competitive position, growth prospects, expectations regarding operations and future oriented financial information such as estimates regarding future sales, revenues, margins, cash flows, costs and other financial and credit metrics.

These statements are not guarantees of future performance and are subject to numerous risks and uncertainties, including those described in Cineplex's Annual Information Form ("AIF"). Those risks and uncertainties include adverse factors generally encountered in the film exhibition industry such as poor film product and unauthorized copying; the risks associated with national and world events, including war, terrorism, international conflicts; natural disasters, extreme weather conditions, infectious diseases; changes in income tax legislation; and general economic conditions. In addition, these risks and uncertainties include the ability to achieve the expected synergies and the timing of same; the effectiveness of integration efforts and risks related to the satisfaction of the conditions to closing the transaction and the related financing arrangements, including future general economic and market conditions, including debt and equity capital markets. Many of these risks and uncertainties can affect our actual results and could cause our actual results to differ materially from those expressed or implied in any forward-looking statement made by us or on our behalf. All forward-looking statements in this press release are qualified by these cautionary statements. These statements are made as of the date of this press release and, except as required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Additionally, we undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of Cineplex, its financial or operating results or its securities. Additional information, including Cineplex's AIF, can be found on SEDAR at www.sedar.com.

About Cineplex:

Cineplex Inc. ("Cineplex") is one of Canada's leading entertainment companies and operates one of the most modern and fully digitized motion picture theatre circuits in the world. A top-tier Canadian brand, Cineplex operates numerous businesses including theatrical exhibition, food services, gaming, alternative programming (Front Row Centre Events), Cineplex Media, Cineplex Digital Solutions and the online sale of home entertainment content through CineplexStore.com and on apps embedded in various electronic devices. Cineplex is also a joint venture partner in SCENE - Canada's largest entertainment loyalty program.

Cineplex is headquartered in Toronto, Canada, and operates 136 theatres with 1,454 screens from British Columbia to Quebec, serving approximately 71 million guests annually through the following theatre brands: Cineplex Odeon, SilverCity, Galaxy Cinemas, Colossus, Coliseum, Scotiabank Theatres, Cineplex Cinemas, Cineplex VIP Cinemas, Famous Players and Cinema City. Cineplex also owns and operates the UltraAVX, Poptopia, and Outtakes brands. Cineplex trades on the Toronto Stock Exchange under the symbol CGX. More information is available at cineplex.com.

Cineplex Entertainment
Pat Marshall
Vice President, Communications and Investor Relations
416-323-6648
pat.marshall@cineplex.com

Cineplex Entertainment
Mike Langdon
Director, Communications
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  #8915  
Old Posted Jun 27, 2013, 10:49 PM
Peter_johnns Peter_johnns is offline
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Famous Players operated the Paramount, which is owned by Cineplex. And I was under the impression that Empire had an agreement after it sold the Paramount that it would not become a first run theatre.
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  #8916  
Old Posted Jun 27, 2013, 11:09 PM
RaginRonic RaginRonic is offline
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Apologies for the double post, but I have to say that I've been a Cineplex Entertainment user for the last few years, and I have to tell you that they are far and above anything Empire ever did.

For those who may be skeptics about Cineplex going to Atlantic Canada, a few things to think about.

1. Cineplex Entertainment, even before today's announcement, is the biggest movie theatre company and film distributor in Canada.

2. Cineplex is the only movie theatre company with a customer loyalty program, called SCENE.

3. SCENE can help you save money on purchases in theatre and at Cineplex.com.

4. Cineplex has launched a program called 'SuperTicket', which can allow you to buy the DVD-Bluray-Digital Download of a movie you saw with them when it comes out to retail.

To those in Saint John, I can guarantee that you will enjoy going to see movies with Cineplex. In terms of SCENE, it works like this.

1. You go to SCENE.ca to register for a SCENE Card. You get 250 free starter points when you sign up.

2. When you get your card, you go to any Cineplex theatre across Canada, and present your card at the ticket counter. You get your SCENE card scanned, and then you pay for your movie ticket. You can cash in your SCENE points in Vancouver, even if you earned those points in Saint John.

3. If you want some snacks when you see your movie, you then would go to the concession stand. You get your SCENE Card scanned, and then you pay for the snacks.

4. Each SCENE Card swipe gives you a certain number of points, like 100 points per movie ticket, and at least 100 points for your concessions. You also get 10% off your snacks as a SCENE Member.

5. If you choose to buy your Cineplex movie tickets at Cineplex.com, m.cineplex.com(for mobile devices), or the Cineplex mobile phone app, you get 20 more points.

6. For those here with families, you get 50 points per child ticket you buy as well.

7. You get 5 points per $1 spent on purchases of DVDs, Bluray discs, and digital movie downloads at Cineplex.com($30 movie = 150 SCENE Points).

If you have either a ScotiaBank debit or credit card, you get SCENE Points on all things you buy at stores too.

You would earn 1 SCENE point for every $5 spent on a ScotiaBank SCENE Debit or Credit card at a store, and 5 points when those cards would be used at a Cineplex venue.

Some examples about in-theatre rewards.

The in-theatre rewards allow you to get a free movie ticket at 1,000 points.

You can also get a free concession combo(large drink and large popcorn), for another 1,000 points.

If you are a WWE fan, from 1,200 points, you can see a WWE PPV event on the big screen for no money. However, you CANNOT use that deal for WrestleMania. You got to pay for your ticket to see WrestleMania on the big screen.

I hope that helps to explain Cineplex further.

=)
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  #8917  
Old Posted Jun 27, 2013, 11:10 PM
RaginRonic RaginRonic is offline
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Quote:
Originally Posted by Peter_johnns View Post
Famous Players operated the Paramount, which is owned by Cineplex. And I was under the impression that Empire had an agreement after it sold the Paramount that it would not become a first run theatre.
With the news of Cineplex helping to finish off Empire's existence, I'd think that deal no longer applies, with Empire out of business after the deal closes.
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  #8918  
Old Posted Jun 28, 2013, 3:40 AM
Peter_johnns Peter_johnns is offline
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Originally Posted by RaginRonic View Post
With the news of Cineplex helping to finish off Empire's existence, I'd think that deal no longer applies, with Empire out of business after the deal closes.
So I assume the clause will be lifted? Allowing for a theatre to operate there once again
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  #8919  
Old Posted Jun 28, 2013, 11:34 AM
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Quote:
Originally Posted by Peter_johnns View Post
So I assume the clause will be lifted? Allowing for a theatre to operate there once again
IMO it would be nice to have a theater uptown again, and I still wish we had an Imax uptown that would be awesome ....
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  #8920  
Old Posted Jun 28, 2013, 12:05 PM
Taeolas Taeolas is online now
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Three New Ciniplex IMAX theaters STAT! One for Moncton, Freddy and SJ of course.

Never gonna happen (especially in Freddy) but I can dream right?
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