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Doug Ford announces substantial health care investment, pledges laws against price gouging –




At a March 26 press conference, Ontario Premier Doug Ford announced $3.3 billion in funding to support frontline health care workers and increase health care capacity in response to the COVID-19 outbreak. 

He also furiously berated some companies for allegedly price gouging amid the outbreak and vowed to put an order through cabinet to impose penalties on businesses that overcharge for in-demand items during the crisis. 

While taking questions from reporters, Ford said he heard that a well-known grocery store was charging $30 for a pack of hand wipes and that he found the anecdote “disgusting.”

A message to anyone who price gauges: we’re going to come after you and we’re going to come after you hard,” he told reporters, adding that he will move to make price gouging illegal. 

Ford also reiterated that tenants who have lost their income and cannot pay rent will not be evicted during this time. That said, he asked that tenants who are still working to not attempt to take advantage of the situation and to continue paying if they are able to do so. 

As far as health care funding goes, the province says the funding announced today will allow the Ontario government to take immediate action to increase the number of assessment centres, add more acute care and critical care beds, improve testing and provide more protective equipment for frontline workers.

Ontario’s Action Plan: Responding to COVID-19 includes $2.1 billion in new and urgent funding to combat and contain the spread of COVID-19, as well as $1.2 billion to continue the government’s long-term plan to fund the health care system.

Our government will spare no expense to protect the health and safety of our frontline health care workers,” said Ford. 

They’re always looking out for us and our government is looking out for them. We’ll do everything within our power to ensure our frontlines workers have the necessary resources to take down COVID-19 and keep individuals and families safe.”

The new investments in Ontario’s health care system include:

  • $935 million more in hospitals, including $594 million to continue working on expanding capacity and $341 million to prepare for COVID-19 with an additional 1,000 acute care and 500 critical care beds and to fund assessment centres.
  • Increasing public health funding by $160 million to support COVID-19 monitoring and testing, including investments in virtual care and Telehealth Ontario.
  • Investing $243 million for surge capacity in long-term care facilities, 24/7 screening of staff and visitors, more staffing to support infection control and additional supplies and equipment.
  • Investing $75 million to supply personal protective equipment and critical medical supplies to frontline staff.
  • Dedicating $1 billion COVID-19 contingency fund, as part of the additional health care investments.

This $3.3 billion investment includes the government’s initial $304 million announcement to immediately respond to the outbreak.

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Investment bank reminds us of a bigger threat than COVID-19 – Wealth Professional



The group’s director of finance sector strategies, Wolfgang Kuhn, welcomed the upcoming vote at Barclays.

“Voting for both these resolutions will cement the bank’s new high-level climate commitment while at the same time insisting on the near-term ambition needed to deliver the results everyone wants. A climate strategy cannot be considered complete without recognising that transition necessarily means phase-out when it comes to fossil fuels, particularly the highest carbon fuels where Barclays has significant exposure,” he said.

Asset managers
Earlier this month, ShareAction said that six of the world’s largest asset managers – BlackRock, Vanguard, State Street, Fidelity Investments, Capital Group, and JP Morgan Asset Management – are the worst performers in terms of the ecological and social harms of their investments.

Although the group’s study is based on October 2019 data and therefore does not include action taken since, including BlackRock’s pledge to scrap investments in companies that have high sustainability-related risk.

“ShareAction’s most ambitious study yet reveals who is really walking the talk on environmental and social issues, and who is dragging their feet in the asset management space. While many in the industry are eager to promote their ESG credentials, our analysis clearly indicates that few of the world’s largest asset managers can lay claim to having a truly sustainable approach across all their investments,” said Felix Nagrawala, ShareAction senior analyst.

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6 Stocks Cashing In On The $30 Trillion Impact Investing Trend –



6 Stocks Cashing In On The $30 Trillion Impact Investing Trend |

Ian Jenkins

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    Impact Investing.

    That’s what they’re calling it…

    And it’s a movement that has grown by over 600% in the past decade.

    In fact, there are over $30 trillion in assets under management in portfolios with a focus on sustainable investments…and the revolution is showing no sign of slowing anytime soon.

    To say that it is just a trend would be a major mistake.

    Impact investing – or socially responsible investing – is here to stay. And as ‘woke’ millennials continue to force the markets in line with their beliefs – the money flowing into sustainable stocks is likely to accelerate in the coming years.

    Investors in this niche lean towards companies incorporating positive environmental, social and governance (ESG) policies into investment decisions.

    This has pushed companies and exchange-traded funds (ETFs) with high ESG ratings into focus in recent years, but more than that, it has sparked a revolution in even some of the world’s ‘dirtiest’ companies.

    Fossil fuel giants, miners, and more are making the switch. Either through offsetting emissions, or simply pouring money into greener endeavors.  

    “We are at the cusp of one of the biggest ever shifts in the allocation of capital, and if you follow the money, it’s largely flowing into companies with an emphasis on doing better for the world,” said the CEO of Facedrive Inc, Sayan Navaratnam.

    Millennial’s greener preferences, in addition to a number of new youth-focused trading platforms like Robinhood, have fueled the meteoric rise of companies like Tesla, Google, Apple, and more.

    Here are six companies to keep an eye on as the world’s cash flow heads towards “greener pastures.”

    Google: “Don’t Be Evil”

    Google’s parent company Alphabet (GOOGL) is a shining star in the tech world. Despite being one of the largest companies on the planet, in many ways it has lived up to its original “Don’t Be Evil” slogan.

    Though it has had its controversies in the realm of data collection and advertising, Google has led a revolution in the tech world on multiple fronts.

    First, and foremost, it has officially powered its data centers with 100% renewable energy over the last two years. A massive feat considering exactly how much data Google actually processes.

    Not only is Google powering its data centers with renewable energy, it is also on the cutting edge of innovation in the industry, investing in new technology and green solutions to build a more sustainable tomorrow.

    Its bid to reduce its carbon footprint has been well received by both younger and older investors. And as the need to slow down climate change becomes increasingly dire, it’s easy to see why.   

    Facedrive: “The Way To A Greener Future”

    A small Canadian company with big ambitions is looking to take on some of the biggest names in personal transportation with a simple, but important philosophy: “take something as simple as hailing a ride, and turn it into a collective force for change.”

    Facedrive Inc. (FD.V) has lots going for it.

    It’s leveraging the framework built by the indebted ride-sharing giants, Uber and Lyft…

    But with a twist.

    For the first time in ride-sharing history, Facedrive is giving customers a choice to be more environmentally conscious.

    That’s because it’s utilizing new technology to calculate the estimated CO2 emissions for each ride, and allocating a portion of the proceeds accordingly to local organizations to help offset those emissions.

    With their partner, Forest Ontario, they have already planted over 3,500 in their soft launch alone.

    Not only that, it also gives customers a choice to pick between electric vehicles, hybrids, or traditional cars when they order a ride. That’s something that no ride-hailing service has ever offered.

    “We’re all about grabbing onto the biggest trends in tech before they’re mega-trends. So that takes us back to 2016, when we first came up with the idea. Whenever a major new trend emerges, it’s the job of the truly innovative to step back and say ‘OK, this is an explosively great idea – so what’s wrong with it?’ When you figure that out, and you’ve got the right network and the right people behind you, you can jump in on one of the biggest trends and disrupt a massive market at exactly the right time,” Sayan Navaratnam, CEO of Facedrive, said in an interview with

    This is a big deal as the climate crisis continues to worsen. And investors will certainly take note.

    While the giants of the industry scramble to jump on the new movement, Facedrive was there straight out of the starting gate.

    And it’s growing. Fast.

    It has gone from 100 rides per day to over 1,000 rides per day in a matter of monthsMost startups only dream of that kind of growth. Especially in a market that is becoming increasingly difficult to enter.

    And now is when things get serious.

    Facedrive is now considering further expansion into the U.S. and/or Europe, and the timing couldn’t be better.

    Most of the groundwork was already laid by its much-larger competitors, so it will not need to go into the red and pray for profitability…

    They simply need to do exactly what they’re already doing, expand and conquer. The $235 billion global ride-sharing industry is going green with or without the giants…

    And that’s great news for Facedrive.

    Apple: “Think Different.”

    It’s no secret that Apple (AAPL) has always thought outside of the box. And when it brought back Steve Jobs in 1997, the company really took off.

    Jobs also paved the way to a greener future for the company.

    From the products themselves, to the packages they came in, and even the data centers powering them, Steve Jobs went above and beyond to cut the environmental impact of his company.

    After his passing, Tim Cook took these principles to heart, and picked up the torch, transforming all of Apple’s operations into models of a sustainable future.

    Now, all of Apple’s operations run on 100% renewable energy

    “We proved that 100 percent renewable is 100 percent doable. All our facilities worldwide—including Apple offices, retail stores, and data centers—are now powered entirely by clean energy. But this is just the beginning of how we’re reducing greenhouse gas emissions that contribute to climate change. We’re continuing to go further than most companies in measuring our carbon footprint, including manufacturing and product use. And we’re making great progress in those areas too.”

    And it’s already having an impact.

    Not only have they decreased their average product’s energy use by 70 percent…

    They’ve reduced their total carbon footprint by more than 35 percent in just a few short years…

    All while securing the title as the World’s First Trillion Dollar Company.

    Microsoft: Be What’s Next

    Microsoft (MSFT) is one of the most innovative and well-known companies within the tech sector, but its Windows platform is the most widely used operating system on the planet. First launched in 1985, Windows has shaped what is expected from a personal home computer. 

    But Microsoft is appealing to investors for more just its Windows platform. It is diving head first into an entirely new market. With key partnerships utilizing and implementing blockchain technology, the company’s upside could have huge potential as the tech takes off.

    Not only has it always been on the cutting edge of innovation, it’s taking  a serious stance on the climate crisis. In fact, it’s pushing so hard that it is aiming to be carbon NEGATIVE by 2030. That’s a huge pledge. And if anyone can do it, it’s Microsoft.

    NextEra Energy: “We Heard You”

    NextEra (NEE) is the world’s leading producer of wind and solar energy, so it’s no surprise that it has received some love from the ‘millennial dollar.’

    In 2018, the company was the number one capital investor in green energy infrastructure, and fifth largest capital investor across all sectors. No other company has been more active in reducing carbon emissions.

    And they’re just getting started.

    By 2025, the company aims to reduce their own emissions by 67 percent while doubling their electricity production from a 2005 benchmark.

    To put this into perspective, if all of America’s utilities were able to achieve NextEra Energy’s projected 2025 emissions rate, absolute CO2 emissions for the power sector would be approximately 75% lower than they were in 2005.

    That is huge.

    Jim Robo, Chairman & Chief Executive Officer of NextEra,  explains, “We are deeply committed to doing well by doing good, and that means respecting our environment, providing value for our customers, sustaining our communities, focusing on continuous improvement and innovation, investing in our team and growing shareholder value,”

    Total: “Committed to Better Energy”

    Despite being one of the world’s largest oil and gas companies, Total (TOT) is worth a look for investors eying greener alternatives.

    Total maintains a ‘big picture’ outlook across all of its endeavors. It is not only aware of the needs that are not being met by a significant portion of the world’s growing population, it is also hyper-aware of the looming climate crisis if changes are not made.

    In its push to create a better world for all, it has committed to contributing to each of the United Nations’ Sustainable Development Goals.

    From workplace safety and diversity to societal progression and reducing its carbon footprint, Total is checking all of the boxes that the next generation of investors hold close to their hearts.

    The International Energy Agency projects that renewables will meet up to 40% of global energy demand within the next 20 years…

    And Total will not be left behind.

    Through its subsidiaries and new investments, Total is making major waves in the “green revolution.” Already it’s gross low-carbon power generation capacity worldwide is currently nearly 7 gigawatts, of which over 3 gigawatts from renewable energies. And the company estimates that by 2040, up to 40% of its sales could be generated from its portfolio of low-carbon businesses.

    Canadian companies are getting involved in the green push, as well:

    BCE Inc. (TSX:BCE) is a Canadian giant. Founded in 1980, the company, formally The Bell Telephone Company of Canada is composed of three primary subsidiaries. Bell Wireless, Bell Wireline and Bell Media, however throughout its push into the position of one of Canada’s top telco groups, it has bought and sold a number of different firms. 

    For the past 25 years, BCE has been at the forefront of the environmental movement. Their environmental management system (EMS) has been certified to be ISO 14001-compliant since 2009.

    The Descartes Systems Group Inc. (TSX:DSG) (commonly referred to as Descartes) is a Canadian multinational technology company specializing in logistics software, supply chain management software, and cloud-based services for logistics businesses. The company is making waves in the tech industry with its futuristic products and visionary leadership. Not only is Descartes a leader in Canada’s tech industry, they also have a strong portfolio of renewable investments.

    Kinaxis Inc (TSE:KXS) is a provider of cloud-based subscription software for supply chain operations, a key in reducing emissions. The Company offers RapidResponse as a collection of cloud-based configurable applications. The Company’s RapidResponse product provides supply chain planning and analytics capabilities that create the foundation for managing multiple, interconnected supply chain management processes, including demand planning, supply planning, inventory management, order fulfillment and capacity planning.

    Computer Modelling Group (TSE:CMG) is a software technology company producing reservoir simulation software for critical infrastructure. Computer Modeling Group LTD. Is a tempting trade for investors as it brings together two essential industries – tech and resources- which are going anywhere any time soon. Especially as the need for security grows, a tech company involved in the oil and gas industry has an incredible opportunity to offer other services.

    While Computer Modelling Group focuses on the resource industry, its technology is definitely breaking ground. Founded nearly 40 years ago by Khalid Aziz, a renowned simulation developer, the company has proven that it has staying power.  As the resource industry meets technology, this will be a stock to pay attention to.

    Shaw Communications Inc (TSE:SJR.B): Shaw Communications, a giant in the Canadian telecoms sector, saw a drop in its share price following its disappointing forecasted earnings growth in 2017. In a sector that is set to see growth, undervalued and experienced companies such as this can make for a great hold play.

    Not only is Shaw a leader in Canada’s communications industry, it is also working hard towards reducing its carbon footprint, and even building out a portfolio of clean energy investments.  

    By. Ian Jenkins


    Forward-Looking Statements

    This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements.  Forward looking statements in this publication include that the demand for ride sharing services will grow; that the demand for environmentally conscientious ride sharing services companies in particular will grow; that Facedrive will be able to fund its capital requirements in the near term and long term; and that Facedrive will be able to carry out its business plan. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.  Risks that could change or prevent these statements from coming to fruition include changing governmental laws and policies; the company’s ability to obtain and retain necessary licensing in each geographical area in which it operates; the success of the company’s expansion activities; the ability of the company to attract a sufficient number of drivers to meet the demands of customer riders; the ability of the company to attract drivers who have electric vehicles and hybrid cars; the ability of the company to keep operating costs and customer charges competitive with other ride-hailing companies; and the company’s ability to continue agreements on affordable terms with existing or new tree planting enterprises. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.


    ADVERTISEMENT. This communication is not a recommendation to buy or sell securities. An affiliated company of, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) has signed an agreement to be paid in shares to provide services to expand ridership and attract drivers in certain jurisdictions outside Canada and the United States. In addition, the owner of has acquired additional shares of FaceDrive (TSX:FD.V) for personal investment. This compensation and share acquisition resulting in the beneficial owner of the Company having a major share position in FD.V is a major conflict with our ability to be unbiased, more specifically:

    This communication is for entertainment purposes only. Never invest purely based on our communication. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the featured company. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct.

    SHARE OWNERSHIP. The owner of owns shares of this featured company and therefore has a substantial incentive to see the featured company’s stock perform well. The owner of will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. 

    NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

    RISK OF INVESTING. Investing is inherently risky. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.

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      Trez Capital Senior Mortgage Investment Corporation Announces 2019 Year End Results – Yahoo Finance



      <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="TORONTO , March 30, 2020 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TZS.TO) (the "Company") today released its financial results for the year ended December 31 , 2019.&nbsp; The financial statements and MD&amp;A can be found at or” data-reactid=”12″>TORONTO , March 30, 2020 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TZS.TO) (the “Company”) today released its financial results for the year ended December 31 , 2019.  The financial statements and MD&A can be found at or

      Trez Capital Senior Mortgage Investment Corporation (CNW Group/Trez Capital Senior Mortgage Investment Corporation)

      <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Financial Highlights &amp; Business Update” data-reactid=”25″>Financial Highlights & Business Update

      On June 16, 2016 the shareholders of the Company approved the orderly wind-up of the Company (“Orderly Wind-Up”). As such, the financial results reflect the ongoing reduction in the size of the portfolio as capital is returned to shareholders.

      For the three months and year ended December 31, 2019 , income from operations increased by $381 thousand and $710 thousand compared to the same periods in 2018. Most of the increase was attributable to lower general and administrative expenses and a reversal of $360 thousand of the incentive fee expense. Net income was lower by $1.4 million and $1.1 million in the same periods. The lower net income was a result of a $1.8 million decrease to the fair value of one mortgage. This decrease in fair value was offset by higher income from operations.  Basic and diluted income per share was $(0.16) and $(0.07) compared to $0.03 and $0.08 in the same periods in 2018.

      At December 31, 2019 , the Company had two mortgages remaining to be liquidated. Of the mortgages that are remaining, the more significant one is set to mature in December 2020 . The Manager considers this loan to be performing however, due to continued risk and the challenged nature of the loan, the Manager has reassessed the cash flows expected from the borrower, the obligations to the loan-sharing partner and reasonability of being repaid on maturity. This analysis of the fair value of the mortgage resulted in an additional fair value decrease of $1.8 million , bringing the total fair value adjustments against the mortgage to $3.5 million .

      <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Regular Monthly &amp; Special Distributions” data-reactid=”29″>Regular Monthly & Special Distributions

      In Quarter 3 of 2017, the Board made a decision to suspend regular monthly distributions until further notice. This decision was premised on a review of the last remaining mortgages and cash requirements. One of the two remaining mortgages is shared with an external senior loan-sharing partner. Given the limited amount of principal and interest payments expected in the future, the company intends to maintain its current cash levels until the senior position is fully repaid by the borrower.  The Board anticipates making further special distributions as the two remaining mortgages in the portfolio mature or are sold, subject to reasonable expected operating expenditures and repayment of the senior loan participant.

      <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Recent Developments” data-reactid=”31″>Recent Developments

      Subsequent to December 31, 2019 the COVID-19 outbreak was declared a pandemic by the World Health Organization. The situation is dynamic and the ultimate duration and magnitude of the impact on the economy and our business are not known at this time. These impacts could include decreases in the fair value of our mortgage investments or potential future decreases in revenue or the profitability of our ongoing operations.

      It is not possible to reliably estimate the length and severity of these developments and the impact on the financial results and condition of the Company as it relates to its ability to complete the Orderly Wind-Up Plan.

      <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Forward Looking Statements” data-reactid=”38″>Forward Looking Statements

      Certain statements in this news release about Trez Capital Senior Mortgage Investment Corporation (the “Company”), and its business, operations, investments and strategies, and financial performance and condition may constitute forward-looking information, future oriented financial information, or financial outlooks (collectively, “forward looking statements”). The forward-looking statements are stated as of the date of this news release and are based on estimates and assumptions made by Trez Capital Fund Management LP (“Trez”) in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that Trez believes are appropriate and reasonable in the circumstances.  There can be no assurance that such forward-looking statements will prove to be accurate, as actual results, performance and future events could differ materially from those anticipated in such statements.  Past performance is not an indication of future returns, and there can be no guarantee that targeted returns or yields can be achieved. Trez refers you to the Company’s public disclosure for information regarding these forward-looking statements, including the assumptions made in preparing forward-looking statements and management’s expectations, and the risk factors that could cause the Company’s actual results, yield, levels of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements.  Such public disclosure is available on SEDAR and at the request of Trez.  This news release does not represent an offer or solicitation to sell securities of the Company.

      <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="About the Company” data-reactid=”40″>About the Company

      The Company holds a portfolio of mortgages in Canada . Trez Capital Fund Management Limited Partnership is the manager of and portfolio advisor to the Company. On June 16, 2016 the Shareholders of the Company approved the orderly wind-up of the Company. Under the orderly wind-up plan the Company will distribute the net proceeds through special distributions, the repurchase of shares pursuant to the normal course issuer bid, or otherwise.

      SOURCE Trez Capital Senior Mortgage Investment Corporation

      <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="
      ” data-reactid=”43″>


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