Economy of Toronto

Brookfield Infrastructure Completes Unit Split and Creation of Brookfield Infrastructure Corporation

Retrieved on: 
Tuesday, March 31, 2020
Companies, Economy of Toronto, Brookfield Infrastructure Partners, Stock exchanges, Brookfield Asset Management, Brookfield, Standard & Poor's, Companies listed on the Toronto Stock Exchange, Brookfield Property Partners

BROOKFIELD, News, March 31, 2020 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure or BIP) (NYSE: BIP; TSX: BIP.UN) and Brookfield Infrastructure Corporation (BIPC) (NYSE, TSX: BIPC) today jointly announced that Brookfield Infrastructure has completed the previously announced creation of BIPC.

Key Points: 
  • BROOKFIELD, News, March 31, 2020 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure or BIP) (NYSE: BIP; TSX: BIP.UN) and Brookfield Infrastructure Corporation (BIPC) (NYSE, TSX: BIPC) today jointly announced that Brookfield Infrastructure has completed the previously announced creation of BIPC.
  • Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, energy and data infrastructure sectors across North and South America, Asia Pacific and Europe.
  • Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), the Bermuda-based Limited Partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), the Canadian Corporation.
  • Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager with over $540 billion of assets under management.

Brookfield Infrastructure Announces Automatic Purchase Plan

Retrieved on: 
Tuesday, March 31, 2020
Brookfield Asset Management, Companies, Economy of Toronto, Brookfield Infrastructure Partners, Stock exchanges, Brookfield, Brookfield Renewable Partners, Standard & Poor's, Brookfield Property Partners

BROOKFIELD, NEWS, March 31, 2020 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure) (NYSE: BIP; TSX: BIP.UN) today announced that, in connection with its previously announced normal course issuer bid (NCIB), it has entered into an automatic purchase plan with its designated broker.

Key Points: 
  • BROOKFIELD, NEWS, March 31, 2020 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure) (NYSE: BIP; TSX: BIP.UN) today announced that, in connection with its previously announced normal course issuer bid (NCIB), it has entered into an automatic purchase plan with its designated broker.
  • The automatic purchase plan, which has been pre-cleared by the Toronto Stock Exchange, will allow for the purchase of Brookfield Infrastructures outstanding limited partnership units (the LP Units), subject to certain trading parameters, at times when Brookfield Infrastructure ordinarily would not be active in the market due to its own internal trading black-out periods, insider trading rules or otherwise.
  • Brookfield Infrastructure Partners is a leading global infrastructure company that owns and operates high quality, long-life assets in the utilities, transport, energy and data infrastructure sectors across North and South America, Asia Pacific and Europe.
  • Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a leading global alternative asset manager with over $540 billion of assets under management.

BROOKFIELD RENEWABLE ANNOUNCES AUTOMATIC PURCHASE PLAN

Retrieved on: 
Tuesday, March 31, 2020
Economy of Toronto, Brookfield Renewable Partners, Companies, Brookfield Asset Management, Economy of Ontario, Brookfield, BEP, Companies listed on the Toronto Stock Exchange, Brookfield Infrastructure Partners

BROOKFIELD, News, March 31, 2020 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (Brookfield Renewable) today announced that, in connection with its previously announced normal course issuer bid (NCIB), it has entered into an automatic purchase plan with its designated broker.

Key Points: 
  • BROOKFIELD, News, March 31, 2020 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (Brookfield Renewable) today announced that, in connection with its previously announced normal course issuer bid (NCIB), it has entered into an automatic purchase plan with its designated broker.
  • The automatic purchase plan, which has been pre-cleared by the Toronto Stock Exchange, will allow for the purchase of Brookfield Renewables outstanding limited partnership units (the LP Units), subject to certain trading parameters, at times when Brookfield Renewable ordinarily would not be active in the market due to its own internal trading black-out periods, insider trading rules or otherwise.
  • Brookfield Renewable Partners operates one of the worlds largest publicly traded, pure-play renewable power platforms.
  • Brookfield Renewable is the flagship listed renewable power company of Brookfield Asset Management, a leading global alternative asset manager with over $540 billion of assets under management.

CIBC lowers prime lending rate

Retrieved on: 
Saturday, March 28, 2020
Economy of Toronto, Economy of Canada, Canadian Imperial Bank of Commerce, Economy of Ontario, Toronto Stock Exchange, CIBC Mellon, Gerald T. McCaughey

TORONTO, March 27, 2020 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that it is lowering its Canadian prime lending rate by 50 basis points from 2.95 per cent to 2.45 per cent, effective Monday, March 30, 2020.

Key Points: 
  • TORONTO, March 27, 2020 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that it is lowering its Canadian prime lending rate by 50 basis points from 2.95 per cent to 2.45 per cent, effective Monday, March 30, 2020.
  • CIBC is a leading Canadian-based global financial institution with 10 million personal banking, business, public sector and institutional clients.
  • Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations acrossCanada,in the United Statesand around the world.
  • Ongoing news releases and more information about CIBC can be found at www.cibc.com/en/about-cibc/media-centre.html .

PARTNERS VALUE INVESTMENTS L.P. ANNOUNCES 2019 ANNUAL RESULTS

Retrieved on: 
Friday, March 27, 2020
Brookfield Asset Management, S&P/TSX 60 Index, Brookfield, Connecticut, Brookfield, Economy of Toronto, Companies, Economy of Ontario

The investment in Brookfield Asset Management Inc. consists of 86 million Brookfield shares with a quoted market value of $57.80 per share as at December 31, 2019 (December 31, 2018 $38.35).

Key Points: 
  • The investment in Brookfield Asset Management Inc. consists of 86 million Brookfield shares with a quoted market value of $57.80 per share as at December 31, 2019 (December 31, 2018 $38.35).
  • Represents $462 million of retractable preferred shares less $8 million of unamortized issue costs as at December 31, 2019 (December 31, 2018 $613million less $10 million).
  • Forward-looking information in this news release includes statements with regard to the Companys potential future income taxes.
  • The Company cautions that the foregoing list of important factors that may affect future results is not exhaustive.

PARTNERS VALUE INVESTMENTS INC. ANNOUNCES 2019 ANNUAL RESULTS

Retrieved on: 
Friday, March 27, 2020
Brookfield Asset Management, S&P/TSX 60 Index, Brookfield, Connecticut, Brookfield, Economy of Toronto, Companies, Stock exchanges

The investment in Brookfield Asset Management Inc. consists of 86 million Brookfield shares with a quoted market value of $57.80 per share as at December 31, 2019 (December 31, 2018 $38.35).

Key Points: 
  • The investment in Brookfield Asset Management Inc. consists of 86 million Brookfield shares with a quoted market value of $57.80 per share as at December 31, 2019 (December 31, 2018 $38.35).
  • Represents $462 million of retractable preferred shares less $8 million of unamortized issue costs as at December 31, 2019 (December 31, 2018 $613 million less $10 million).
  • Forward-looking information in this news release includes statements with regard to the Companys potential future income taxes.
  • The Company cautions that the foregoing list of important factors that may affect future results is not exhaustive.

BROOKFIELD ASSET MANAGEMENT COMPLETES ANNUAL FILINGS

Retrieved on: 
Friday, March 27, 2020
Economy of Toronto, S&P/TSX 60 Index, Companies, Brookfield Asset Management, Brookfield, Stock exchanges, Brookfield Renewable Partners, Brookfield Residential

BROOKFIELD, NEWS, March 27, 2020 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (NYSE: BAM) (TSX: BAM.A) announced today that it has filed its 2019 annual materials on Form40F, including its audited financial statements and managements discussion and analysis for the year ended December 31, 2019, with the SEC on EDGAR as well as with the Canadian securities authorities on SEDAR.

Key Points: 
  • BROOKFIELD, NEWS, March 27, 2020 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (NYSE: BAM) (TSX: BAM.A) announced today that it has filed its 2019 annual materials on Form40F, including its audited financial statements and managements discussion and analysis for the year ended December 31, 2019, with the SEC on EDGAR as well as with the Canadian securities authorities on SEDAR.
  • These documents are also available at www.brookfield.com and a hard copy will be provided to shareholders free of charge upon request.
  • Brookfield Asset Management Inc. is a leading global alternative asset manager with over $540billion of assets under management across real estate, infrastructure, renewable power, private equity and credit.Brookfieldowns and operates long-life assets and businesses, many of which form the backbone of the global economy.
  • Brookfield Asset Management is listed on the New York and Toronto stock exchanges under the symbol BAM and BAM.A respectively.

Timbercreek Financial Corp. announces normal course issuer bid

Retrieved on: 
Thursday, March 26, 2020
Toronto Stock Exchange, Economy of Toronto, Economy of Canada, Timbercreek Asset Management

TORONTO, March 26, 2020 (GLOBE NEWSWIRE) -- Timbercreek Financial Corp. (TSX: TF) (the "Company") announced today that it has obtained the approval of the Toronto Stock Exchange (the "TSX") to commence a normal course issuer bid (the NCIB) with respect to its common shares (the Shares).

Key Points: 
  • TORONTO, March 26, 2020 (GLOBE NEWSWIRE) -- Timbercreek Financial Corp. (TSX: TF) (the "Company") announced today that it has obtained the approval of the Toronto Stock Exchange (the "TSX") to commence a normal course issuer bid (the NCIB) with respect to its common shares (the Shares).
  • The price which the Company will pay for any Shares under the NCIB will be the market price at the time of acquisition.
  • National Bank Financial will conduct the bid on behalf of the Company.
  • Timbercreek Financial is a leading non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate professionals.

CIBC announces additional measures to support seniors, our team, and the community during COVID-19

Retrieved on: 
Tuesday, March 24, 2020
Canadian Imperial Bank of Commerce, Financial services, S&P/TSX 60 Index, Economy of Toronto, Economy, Bank

Persons with disabilities are also welcome to visit our banking centres during this time.

Key Points: 
  • Persons with disabilities are also welcome to visit our banking centres during this time.
  • "Our local teams have deep relationships with our clients in their community, and these additional measures are meant to make it easier for these clients to keep up with their banking needs."
  • CIBC is a leading Canadian-based global financial institution with 10 million personal banking, business, public sector and institutional clients.
  • Ongoing news releases and more information about CIBC can be found at www.cibc.com/en/about-cibc/media-centre.html .

The Flowr Corporation Announces Restructuring Program and Provides Corporate Update

Retrieved on: 
Monday, March 23, 2020
Economy of Toronto, Toronto Stock Exchange, Financial risk, Financial statements, Auditing

Future-oriented financial information and financial outlooks, as with forward-looking information generally, are, without limitation, based on the assumptions and subject to the risks set out below under Forward-Looking Information and Statements.

Key Points: 
  • Future-oriented financial information and financial outlooks, as with forward-looking information generally, are, without limitation, based on the assumptions and subject to the risks set out below under Forward-Looking Information and Statements.
  • Such information and statements are based on the current expectations of Flowrs management and are based on assumptions and subject to risks and uncertainties.
  • Although Flowrs management believes that the assumptions underlying such information and statements are reasonable, they may prove to be incorrect.
  • Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.