Post Tagged with: "David Sharpe"

Bridging Finance Update

Bridging Finance Update

June 8, 2022 at 12:32 pm

There have been some developments—none that could be considered good—in the Bridging Finance story. As you will recall, the local angle on this tale of a Toronto-based private debt lender in receivership is that Membertou Corporate borrowed $6.8 million from Bridging to invest in Albert Barbusci’s Sydney harbor container terminalRead More

Fast & Curious: Short Takes on Random Things

Fast & Curious: Short Takes on Random Things

April 1, 2022 at 12:30 pm

Bridging burning There’s a big update this week on Bridging Finance, the private debt lender that extended Membertou a $6.8 million loan in January 2020 to invest in Novaporte, promoter Albert Barbusci’s proposed Sydney harbor container terminal project (and that took what Barbusci termed a small equity stake of itsRead 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

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 More

Novaporte Partner In Hot Water

Novaporte Partner In Hot Water

June 16, 2021 at 2:06 pm

This was going to be a story about CBRM council meeting in secret with Albert Barbusci of Sydney Harbour Investment Partners (SHIP) yesterday and then, during the regular meeting last night, approving a three-year extension to Barbusci’s exclusive contract with the municipality. (I’ve removed the SHIP Exclusivity Countdown Clock fromRead More