Mary Campbell

Bridging Finance: Making Transportation History?

Bridging Finance: Making Transportation History?

July 14, 2021 at 12:49 pm

As you may recall, the Spectator reported some weeks ago on the local implications of the scandal rocking Toronto-based private debt firm Bridging Finance Inc (BFI); namely, that Membertou First Nation borrowed $6.8 million from Bridging to finance its purchase of a stake in Novaporte, Albert Barbusci’s imaginary Sydney harborRead...

Fast and Curious: Short Takes on Random Things

Fast and Curious: Short Takes on Random Things

July 14, 2021 at 12:47 pm

Merritting Mention Here’s a strange coincidence for you: this week, while looking up the Alberta insolvency court filings for A2A, I ran across a case involving the Town of Olds that included an affidavit from our old CAO — now CAO of Olds — Michael Merritt! The case involves theRead...

Honors and Hours

Honors and Hours

June 30, 2021 at 12:38 pm

Two things. First, I have been so busy these past two weeks I forgot to tell you that Rob Csernyik’s Casino series, in addition to winning the Excellence in Digital Journalism: Enterprise/Longform Atlantic Journalism gold award won a Digital Publishing gold award for Best News Coverage (Community Publication).   ThisRead More

CBRM ‘Priorities’ List Has Gaps

CBRM ‘Priorities’ List Has Gaps

June 30, 2021 at 12:38 pm

CBRM council met this morning to discuss the results of its March 2021 closed-door, strategy-setting “workshops” at the Lakes Golf Club and Resort in Ben Eoin. Apparently, during the sessions, council articulated our vision: (I can’t wait until Tim Bousquet sees that — “vibrant” and “innovation” are two of hisRead More

All REIT: An Intro To Financialized Housing

All REIT: An Intro To Financialized Housing

June 30, 2021 at 12:32 pm

I’m going to start this week’s article on the financialization of housing by reproducing a graphic from the recent report from the Nova Scotia Affordable Housing Commission — a graphic I just can’t get enough of because it really does say it all:   The man on the right sideRead More

Fast & Curious: Short Takes on Random Things

Fast & Curious: Short Takes on Random Things

June 25, 2021 at 11:30 am

Tax Sales If the list of 104 properties — including 38 buildings  — up for tax sale in the CBRM has you wondering why CBRM doesn’t look into sourcing government funding for affordable housing and refurbishing some of them, you are not alone. I have long wondered about this too.Read More

Membertou Borrowed $6.8M from Bridging Finance for Novaporte Stake

Membertou Borrowed $6.8M from Bridging Finance for Novaporte Stake

June 23, 2021 at 12:21 pm

Membertou Chief Terry Paul, whose band borrowed $6.8 million from Toronto-based private lender Bridging Finance Inc to finance an investment in a proposed Sydney container terminal, says he is not concerned about the arrangement despite Bridging having been placed in receivership on April 30 amid allegations of fraud and misappropriationRead More

Public Housing and the Private Sector

Public Housing and the Private Sector

June 23, 2021 at 12:17 pm

Last week I wrote about the Nova Scotia Affordable Housing Commission’s report, “Charting a new course for affordable housing in Nova Scotia,” sounding an alarm about its tendency to look to the private sector for solutions to the housing crisis. Days later, the federal government announced a $115.5-million, low-cost loanRead More

What NS Could Learn from Vienna’s ‘Red Housing’

What NS Could Learn from Vienna’s ‘Red Housing’

June 23, 2021 at 12:16 pm

When it comes to social (or “public” or “subsidized”) housing, Vienna really seems to have its act together. I am tempted to present this information as though I’ve long been an admirer of the social housing of Vienna, but the truth is, I hadn’t realized it was a claim toRead More

Fast & Curious: Short Takes on Random Things

Fast & Curious: Short Takes on Random Things

June 18, 2021 at 11:15 am

Mary Makes a Meme How it started:     How it’s going:   On the bright side, having let it it sit empty for two years (and catch fire once), the entrepreneurs who bought the building for $225,000 are hoping to sell it for $399,000.   Mary Makes Another MemeRead...