Saturday, May 30, 2009

Landsdowne Park Redevelopmemt

Bob Brocklebank, retired Trade Commissioner, is an active critic of the City of Ottawa's development schemes. He has his eye on the cozy deal being proposed for Landsdowne Park. He thinks we should know more about it.

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You may not realize that redevelopment of Lansdowne Park could have an impact on everyone in Ottawa. Issues of concern include significant expenditure by the city payable from property taxes, the leasing of public land without prospect of receiving meaningful rent and questionable procurement practices by the City.

2. In order to inform residents of Ottawa about the project, a new informal group called Friends of Lansdowne Park has been formed. A meeting will be held at Lansdowne Park on the evening of Tuesday June 2 (from 7:30pm in the Assembly Hall) at which the project will be described and various experts will share their views. Questions and comments from the audience will be encouraged. Public comments will be captured and provided to members of Council and to participants in the current negotiation about the project.

3. You, plus your friends and neighbours, are invited to participate in Tuesday's meeting. You might also visit the website www.friendsoflansdownepark.ca for additional information.

4. Here's a quick background summary: Competition for the redevelopment of Lansdowne Park was halted a year ago. Last month the City began negotiations on a single source basis with a business group known as OSEG (Ottawa Sports and Entertainment Group). The project proposal on which negotiations were launched was that Ottawa taxpayers pay for the restoration of Frank Clair Stadium and the Civic Centre plus build parking facilities at a cost of around $125 million, that OSEG be given the construction contract and that the renovated facilities be turned over to OSEG under a 30 year lease for a nominal rent. In addition, some 9 to 10 acres of the park would be leased to OSEG for 30 years (again at a nominal rent) to permit the construction of a shopping and entertainment complex, plus possibly a hotel and office buildings. Any improvements to the balance of the park would be at the cost of the city, but OSEG would be granted management and control of the entire park. OSEG would build the shopping complex etc. at their expense and would operate a CFL football team which would play its home games in the renovated stadium. City revenue from the project would be limited to whatever nominal rents are determined and property taxes on the shopping complex buildings. Negotiations are to proceed for 60 days. If a negotiated arrangement is reached, it will be opened to public consultation, followed by Council acceptance (or rejection) of the deal.

Robert Brocklebank

Wednesday, May 27, 2009

Invitation

Dear colleagues who may have left the building, but not our memory: on behalf of the the Department I'd like to extend a warm invitation to this year's Trade Commissioner Service BBQ - see below for more details !

Chers collègues qui ont quitté les bureaux mais pas notre mémoire: au nom du Ministère, j'aimerais vous transmettre la plus cordiale des invitations au BBQ annuel du Service des délégués commerciaux - voir ci-dessous pour plus de renseignements !

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Le « Barbecue gril-au-soleil » est de retour – Rejoignez-nous pour le déjeuner barbecue annuel du Commerce international et du Service des délégués commerciaux (SDC) au pavillon du Centre national des Arts ce vendredi 5 juin 2009 entre midi et 13h30.

Les billets seront en vente
au coût de $20 les 27 et 28 mai ainsi que les 2 et 3 juin, au 125, Sussex dans le hall de la tour C et au 111, Sussex en face de la cafétéria entre 11h00 et 13h00.

The "Sizzling Fun in the Sun BBQ" is back – Join us for the annual International Trade and Trade Commissioner Service (TCS) luncheon at the NAC's Rooftop Terrace on Friday June 5, 2009 fromnoon to 1:30 p.m.

Tickets will be on sale
for $20 on May 27 and 28 as well as June 2 and 3, at 125
Sussex in the lobby of Tower C and at 111 Sussex in front of the cafeteria, between 11:00 a.m. and 1:00 p.m.
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Please note that we will not be able to set aside tickets for payment at the door on the day of the event: all tickets must be paid for no later than June 3. In addition to the sale blitzes given above, you can also contact myself or
my colleague Carolyn by e-mail or phone to arrange a purchase, during business hours this week and early next week:

Veuillez noter que nous ne pourrons pas mettre des billets de côté pour paiement à la porte le jour de l'événement: tous les billets doivent être payés au plus tard le 3 juin. En plus des périodes de vente indiquées ci-haut, vous pouvez également contacter ma collègue Carolyn ou moi-même pendant les heures d'affaires pour planifier l'achat de billets cette semaine ou en début de semaine prochaine:

François Lasalle (613) 992-7017

Carolyn Bertrand (613) 944-2395

Looking forward to seeing you there,

Au plaisir de vous compter des nôtres,


François Lasalle
Deputy Director (Business Development) / Directeur adjoint (Développement des Affaires)
International Trade Missions Division (BTM) /
Direction des missions commerciales internationales (BTM)
125 Sussex Dr., B3-129
Ottawa (ON), K1A 0G2
tel (613) 992-7017
fax (613) 996-3406

Thursday, May 21, 2009

Diplomatic Appointments

The Honourable Lawrence Cannon, Minister of Foreign Affairs, today announced the following diplomatic appointments:

John Barrett becomes Ambassador to the Republic of Austria, with concurrent accreditation as Ambassador and Permanent Representative to the International Organizations in Vienna.

Alan Bones becomes Ambassador to the Republic of Iceland.

David Chatterson becomes Ambassador to the Kingdom of Saudi Arabia.

Caroline Chrétien becomes High Commissioner to New Zealand, with concurrent accreditation to the Kingdom of Tonga, the Independent State of Samoa, the Republic of Kiribati, and the Republic of the Fiji Islands.

Sarah Fountain Smith becomes Ambassador to the Republic of Chile.

Edwin Loughlin becomes Ambassador to the Republic of Croatia.

Audri Mukhopadhyay becomes Consul General in Ho Chi Minh City, Socialist Republic of Vietnam.

Christopher Shapardanov
becomes Ambassador to the Republic of Finland.

Christopher Wilkie becomes Ambassador to the Kingdom of Morocco.


Sunday, May 3, 2009

New Stock Market Terms

CEO --Chief Embezzlement Officer.

CFO-- Corporate Fraud Officer.

BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.

BEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.

VALUE INVESTING -- The art of buying low and selling lower.

P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.

BROKER -- What my broker has made me.

STANDARD & POOR -- Your life in a nutshell.

STOCK ANALYST -- Idiot who just downgraded your stock.

STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves.

FINANCIAL PLANNER -- A guy whose phone has been disconnected.

MARKET CORRECTION -- The day after you buy stocks.

CASH FLOW-- The movement your money makes as it disappears down the toilet.

YAHOO -- What you yell after selling it to some poor sucker for $240 per share.

WINDOWS -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.

INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.

PROFIT -- An archaic word no longer in use.

(thanks to Jim Graham)