RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:A sharesCanada is the only one with this plan you say ? Well it's because we are the only ones who would tolerate this fiasco while taking it in the behind ... do you have any clue how much this will cost ? And at the end of it all we will be indebted just as bad as the others , while we are getting just as infected ... please don't compare us to Europe , especially when it comes to taxation ... as it stands now , commercial building owners (who tried to help their tenants) are losing 25% with the " government help " , restaurant and bars have to live off $500/month taxable ( insert scream here) while every single govt employee and representative has kept their salary ... things are not as good as you think and hopefully you don't get to see any of it ... please don't compare us to the USA either , some of those states still think the covid is a conspiracy to get rid of their baboon president ... the hunger lines that you speak of were avoided with your money ... do you know that h the here is mass fraud going on in the CERB ? And later generations will have to fit it ? ... . let me explain it differently : if I TAKE your money ($ 100) and give you back $20 does that make me a good guy or a genius ? ... no one wants to see hunger , as I have experienced it in my youth , but unlimited free money is not the way to go about it ... GLTA
quote=clubhouse19]
Bicente
Whatever your political views are about Trdeau...why would you totally degrade the covid relief funds as Canada is the only one with such a plan.
Europe has a 2.1 trillion dollar one that is presently blocked by poland and hungary but not because of fiscal reasoning but because they are tied to openenss on free speech and human rights. Maybe you would like to see the same hunger lines in canda as you presntly see inthe states. But then again..You would blame trudeau for that also if it came to pass.
bicente wrote: There is definitely a covid -caused addition to the debt but on the other hand we do not have all the numbers yet , let's not forget that Troudope is giving away money to everyone for salaries, stay-at-home workers , rents to industries and wherever he can throw the cash at ... hopefully the bomber got some if that free cash , that's as close as I would get to some of that loot ... some people are actually making more money because of covid cash ... GLTA
quote=Jim99999]They may not have a choice. If they still have control now, it is only by a sliver.
Covid-19 has hurt them badly. Originally, they projected $2.5B net debt after Alstom deal. That is now projected to be at least $4.5B. Actual LTD will likely be north of $6.5B
after Alstom proceeds are applied. They have $4.35B debt due by Jan 2023.
To my thinking, they need an additional ~$2B at low rates. I don't think they will get this without giving up control (or at least the deal being structured such that they might lose control if certain targets are not achieved).
Jim
bicente wrote: this is why I believe Martel said that he did not need the govts' help ... I believe the family has found cheap financing to cut down their interest rates and must give up some equity BUT they will not give up the voting percentages ... I think they are working on giving up futur profits/divids whatver without giving up control , if that is possible ...one thing is for sure , it is good news ... GLTA
raphaelle2 wrote: Very likely.I Lets not forget that Bain Cap. has been working hand in hand with the Family to structure BRP. With both making ( and still) making a killing. I dont see EM restructuring the debt by himself. Not enough leverage. Complete different picture with a strong US partner.Will know soon! GLTA in board !
clubhouse19 wrote: Pablo You made me think of something of the possibility that the move of the A shares has something to do with addressing the debt How it woll be structured remains to be seen. That is why imo the A shares have diverged so much from the b's
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