All posts by Team F

Restaurant Brands International increases its dividend by 5.26 percent

On August 2, 2017, the Restaurant Brands International (TSX: QSR) Board of Directors declared a dividend of $0.20 per common share and Class B exchangeable limited partnership unit of Restaurant Brands International Limited Partnership for the third quarter of 2017. The dividend will be payable on October 3, 2017 to shareholders and unitholders of record at the close of business on September 15, 2017.

The Subtle Art of Not Giving a F*ck: A Counterintuitive Approach to Living a Good Life

In this generation-defining self-help guide, a superstar blogger cuts through the crap to show us how to stop trying to be “positive” all the time so that we can truly become better, happier people.

For decades, we’ve been told that positive thinking is the key to a happy, rich life. “F**k positivity,” Mark Manson says. “Let’s be honest, shit is f**ked and we have to live with it.” In his wildly popular Internet blog, Manson doesn’t sugarcoat or equivocate. He tells it like it is—a dose of raw, refreshing, honest truth that is sorely lacking today. The Subtle Art of Not Giving a F**k is his antidote to the coddling, let’s-all-feel-good mindset that has infected American society and spoiled a generation, rewarding them with gold medals just for showing up.

Manson makes the argument, backed both by academic research and well-timed poop jokes, that improving our lives hinges not on our ability to turn lemons into lemonade, but on learning to stomach lemons better. Human beings are flawed and limited—”not everybody can be extraordinary, there are winners and losers in society, and some of it is not fair or your fault.” Manson advises us to get to know our limitations and accept them. Once we embrace our fears, faults, and uncertainties, once we stop running and avoiding and start confronting painful truths, we can begin to find the courage, perseverance, honesty, responsibility, curiosity, and forgiveness we seek.

There are only so many things we can give a f**k about so we need to figure out which ones really matter, Manson makes clear. While money is nice, caring about what you do with your life is better, because true wealth is about experience. A much-needed grab-you-by-the-shoulders-and-look-you-in-the-eye moment of real-talk, filled with entertaining stories and profane, ruthless humor, The Subtle Art of Not Giving a F**k is a refreshing slap for a generation to help them lead contented, grounded lives.

The Subtle Art of Not Giving a F*ck: A Counterintuitive Approach to Living a Good Life

Banking the Unbanked is a $380B Opportunity

Financial inclusion is a key driver in tackling poverty and boosting economic growth. Yet a staggering two billion adults across the world still do not regularly use a bank account or have access to a financial institution via a mobile device. This graphic reveals the the latest data on financial inclusion, which shows a large disparity between different countries worldwide.

Source: Raconteur

Sears plans to start liquidation sales on July 21

According to court documents, Sears aims to start the liquidation sales on July 21, winding up the process by Oct. 12.

Most of the Sears stores slated to close will use third-party liquidators Gordon Brothers Canada and Merchant Retail Solutions to carry out the sales.

The exceptions are the Hometown stores, which are independently run and will conduct their own liquidations.

The guidelines do not specify what type of deals Sears will be offering during the liquidation.  20 to 30 per cent is the expected initial discount.

Toronto electricity bills highest in Canada

According to the Fraser Institute, between 2010 and 2016, monthly electricity bills (including tax) in major Canadian cities increased by an average of $37.68. During the same period, electricity bills in Toronto and Ottawa increased by $77.09 and $66.96, respectively. This means that residents in Toronto experienced electricity price increases of double the national average between 2010 and 2016.

Under the Fair Hydro Act, the Ontario government plans to reduce residential hydro bills by 25 per cent, with an eight per cent rebate that came into effect on January 1, 2017. However, the Fraser Institute said the plan will ultimately result in higher electricity bills in the future.

Exchange Income Corporation Reports Record Financial Results

Exchange Income Corporation (TSX:EIF) (the “Corporation” or “EIC”), a diversified, acquisition-oriented company focused on opportunities in the aviation, aerospace and manufacturing sectors, reported its financial results for the three and six month periods ended June 30, 2017. All amounts are in Canadian currency.

Continue reading Exchange Income Corporation Reports Record Financial Results

Dream Global REIT Announces Transformational Acquisition in the Netherlands

DREAM GLOBAL REIT (“Dream Global” or the “REIT”) (TSX:DRG.UN)(FRANKFURT:DRG) today announced that it has entered into a binding sale and purchase agreement (the “Transaction Agreement”) relating to a portfolio of 135 office and light industrial properties located in the Netherlands (the “Transaction Portfolio” or the “Dutch Assets”), expanding the REIT’s geographic presence in Europe and establishing a sizeable new real estate platform for the REIT with an experienced management team. The total purchase price for the transaction (the “Transaction”) is approximately EUR622.1 million ($903.0 million)1, representing a going in capitalization rate of 8.0%. The vendors for the Transaction (the “Vendors”) are TPG Real Estate, TPG Sixth Street Partners, and Patron Capital Partners. The Dutch Assets are currently operated under the name “Merin”.
Continue reading Dream Global REIT Announces Transformational Acquisition in the Netherlands

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