RE:RE:RE:RE:RE:RE:RE:BagoYes sir. 10 years is good. They do that, to every development here in Ontario. That's why the Supply chain is choked. That's why I say that this Inflation is Fakeflation The Big developers here have figured it though. They develope in friendly/non greedy Cities/Towns only. They even sit on billions of Inventory ready to go. That decommission for that Gas station, would have cost $600K for you to pay. I haven't done one recently, so it could even be way higher now. But the purchase of the Property would have killed you on top of that. They're kissing our feet now to rezone those properties. High time. This useless bureaucracy has to get chopped off in the knees.
bicente wrote: Yes totally ridiculous around here ... 10 years ago I went to the city to develop this zone and the city asked me to buy an old abandoned gas station and decontaminate it too in order to develop the street .. they almost had us caving in ... now all of a sudden the city is willing to make miracles happen in order to get the project started .... .bunch of crooks do whatever they want ... if you can't beat them , join them ... GLTA
quote=BBDB859]Good for you. You will see more of that happening. Take advantage of that. This push for Res developments has Ontario hopping as well. Talking about thieves. All these Municipalities/Buraucracy/red tape has come to roost. Plan, plan, plan.
bicente wrote: it could drop after the budget but in the long run ( after split) it will still be profitable ... banks always seem to churn out profits , higher interest rates might be quite profitable for them ...big rush to build housing ... I'm working on opening up a street and this is the first time our burrough counsel will listen to our demands ... whatever state the economy is in there will be spending ... GLTA
clubhouse19 wrote: I have it in at 145.10...we'll see what happens after the budget
Split is approved for shareholders of record on may 6.
Will it go lower have to keep a close eye on it.
Some say it cud hit into the 130.'s has a much lower float than other banks so much more volatile.
bicente wrote: yup ... my order is in at $145.50 for CM-C ... might not get there but that's what I did this AM ... I traded some TD into the run up of the dividend date , now just holding onto it even though it took a dip... GLTA
clubhouse19 wrote: 859
I am more interested in banking stocks this AM as they are all getting hit hard.
Just checking when i will pull the trigger in buying more CIBC considering the split coming and the surtax.
BTW
A couple is 2 and a few is relative, depending on the what base it is compared.
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