Membertou

Net Worth: John Risley’s Clams

Net Worth: John Risley’s Clams

June 14, 2023 at 12:33 pm

I was unfamiliar, until very recently, with the work of Mahone Bay-based “journalist and author” Quentin Casey, who seems to specialize in a type of “journalism” (I call it “Capitalist Hagiography”) that gives me hives. Casey writes fawning portraits of rich businessmen (they all seem to be men) under headlinesRead...

Offshore Wind Marshaling: Argentia vs Novaporte

Offshore Wind Marshaling: Argentia vs Novaporte

March 29, 2023 at 11:38 am

I have found an excellent way to evaluate what port promoter Albert Barbusci told an audience at the Membertou Trade and Convention Centre last Thursday—namely, that he was on his way to Baltimore to convince “three or four” American wind developers to store the massive components for their offshore windRead More

Back in the News: Bridging Finance Inc

Back in the News: Bridging Finance Inc

March 29, 2023 at 11:34 am

A number of spectators have pointed me toward the latest Bridging Finance developments and, given the recent Novaporte announcement, this seems as good a time as any to do a check-in. Bridging, in case you’ve forgotten, was the Toronto-based private debt lender that loaned Membertou Corporate $6.8 million to investRead More

Membertou Megaproject Déjà Vu

Membertou Megaproject Déjà Vu

August 24, 2022 at 12:12 pm

Yesterday, in Newfoundland and Labrador, Canadian PM Justin Trudeau and German Chancellor Olaf Scholz signed what was initially billed as an “historic accord” but quickly downgraded to a “non-binding agreement” to encourage the production of green hydrogen in Eastern Canada for shipment to Germany, starting in 2025. Per the GlobeRead More

Cruise News: Identity Crisis

Cruise News: Identity Crisis

May 4, 2022 at 1:08 pm

The arrival of the first cruise ship of the season — the Seven Seas Navigator — in Sydney on Sunday set me to thinking about all things cruise again, so I tried to compose a snapshot of the industry, particularly as it relates to the Port of Sydney, and that’sRead More

Fast & Curious: Short Takes on Random Things

Fast & Curious: Short Takes on Random Things

March 11, 2022 at 12:17 pm

Only Rats and Horses I started writing about CBU’s proposed housing development for the former Tartan Downs harness racing track in Ashby but realized I have too much to say for a Fast & Curious item, so I’ll write about it at greater length next week. For now, I’d justRead More

The Cape Breton Partnership Revisited

The Cape Breton Partnership Revisited

January 19, 2022 at 3:02 pm

As noted elsewhere this week, I’ve been curious about the appointment of Carla Arsenault as principal of the Marconi Campus of the NSCC, but I found I couldn’t think about Arsenault, the former president and CEO of the Cape Breton Partnership, without thinking about the organization she headed for threeRead More

Fast & Curious: Short Takes on Random Things

Fast & Curious: Short Takes on Random Things

December 17, 2021 at 12:00 pm

Novaporte’s new face Kathleen Yurchesyn has left her post as CEO of the Cape Breton Chamber of Commerce to become the vice-president of operations and corporate development for Novaporte, the name promoter Albert Barbusci has given to his Sydney harbor container terminal project. Six years in, Yurchesyn represents Novaporte’s firstRead More

Fast & Curious: Short Takes on Random Things

Fast & Curious: Short Takes on Random Things

December 3, 2021 at 10:30 am

Toll Road Hypocrisy alert: I literally just read an email from Amazon telling me I can expect delivery of my order on December 17. I try really hard to avoid using Amazon — I just checked my order history and this is the first time I’ve placed one since 2019Read More

Bridging Finance Update

Bridging Finance Update

November 10, 2021 at 12:15 pm

I thought it might be time for an update on the Bridging Finance story but in case you’ve forgotten about Bridging, I’ll do a sort-of “previously on” recap. Bridging Finance is a Toronto-based “alternative lender” providing financing to projects considered too risky by traditional banks. It raises money through theRead More