Corporate Canada showing signs of interest in election Now that the NDP surging Dominion Lending Centres Clearlease

Corporate Canada showing signs of interest in election Now that the NDP surging Dominion Lending Centres Clearlease

Corporate Canada showing signs of interest in election Now that the NDP surging Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 26, 2011) Clearlease.com Reports Canada’s corporate sector and public both appear to be taking a close look at the New Democratic Party led by Jack Layton for the first time, and likely coming to different conclusions.

So far, the federal election campaign hasn’t had a perceptible impact on the dollar, or bond and equity markets.

But that may all change now that the NDP is threatening to put its stamp on Ottawa, with the most recent Ekos poll suggesting the party could win 100 seats next Tuesday, making the idea of Layton becoming prime minister, possibly as head of a coalition, at least within the realm of possible outcomes.

The reason Bay Street hasn’t been following the election closely so far, says Bank of Montreal deputy chief economist Douglas Porter, is that it was assumed until a few days ago that the May 2 election would not produce a dramatic change.

Few people had considered Layton as potential leader of the opposition, never mind as head of a coalition government.

“While that’s certainly an ‘interesting’ result, it’s not exactly market friendly. In other words, hang on to your hats!” Porter advised clients in a note Tuesday.

The immediate impact of the socialist NDP in the cat-bird seat would be to increase anxiety and uncertainty among business leaders and investors about what comes next.

Porter says he expects the Canadian dollar to come off its lofty perch, at least in the short term, and for bond yields to possibly rise.

The Canadian dollar has been above its U.S. counterpart practically all of 2011, bolstered by a combination of high world prices for commodities it exports as well as the American currency’s weakness.

The loonie closed above 105 cents US on Tuesday, up nearly one-third of a cent.

TD Bank chief economist Craig Alexander added that markets would likely react negatively to any change in Ottawa for the simple reason that investors don’t like uncertainty.

There are particular reasons for Canada’s corporate sector to dislike the NDP platform, however.

The party is calling for the corporate tax rate to be hiked back to 19.5 per cent, 4.5 percentage points higher than where the Tories would take it next year.

The Liberals, which have been the official Opposition party led by Michael Ignatieff, is also calling for the corporate tax rate to be increased but only to 18 per cent.

In contrast, the Conservatives led by Prime Minister Stephen Harper plan to reduce the corporate tax rate to 15 per cent on Jan. 1, 2012, down from the current rate of 16.5 per cent.

As well, the NDP says it would cut $2 billion in subsidies to the oilsands, cap credit card interest rates at five per cent above prime, and establish a cap-and-trade system to control greenhouse gases.

“When you look at the NDP, two things are quite worrisome,” says Jack Mintz of the University of Calgary, a leading economist on government tax policy.

“One is they want to raise taxes in a significant way and (there are) concerns about whether they would raise other taxes. And the other thing is there is a large hit on Western Canada.”

Mintz says his calculations suggest the federal coffers would only gain a fraction of the billions the NDP believes corporate taxes will generate, leaving Layton with a fiscal hole. Nor would he realize the estimated payoff of other measures he has announced, such as closing tax loopholes and the cap-and-trade system.

Markets would then be nervous about whether he would raise other taxes to make up for the difference, or curtail spending.

Labour economist Jim Stanford agrees corporate Canada would be worried, but it’s more to do with their self-interest than the economy’s.

The chief economist with the Canadian Auto Workers union disagrees with Mintz on the effectiveness of corporate tax cuts as a public policy tool to create investments and jobs. There’s no doubt an NDP-led government would hurt business interests, he says, but not necessarily the economy.

“Corporations won’t be happy to see their $6 billion in tax cuts cancelled,” Stanford says.

“But even if Jack Layton was prime minister on May 3, Canada is still a fantastically profitable and secure place for business to operate and that’s why our dollar is worth $1.05 and our stock market is high and corporate profits are so high. None of that is going to change.”

Even the oil patch will shrug off Layton’s cap-and-trade and removal of subsidies, he says, as long as oil is $100 a barrel.

Surprisingly, Mintz says Stanford has a point. The immediate market reaction would be nervousness; longer term, it will depend how the NDP in office behaves. He notes that some provincial NDP governments in Saskatchewan and Manitoba have been fiscally responsible.

But don’t underestimate the ability of governments to impact business decisions, he adds, even if in the margins. And at this point, the NDP does represent a wildcard.

“People who have studied economic growth rates across countries have found political uncertainty does have a negative impact. It’s not the only factor, but it is one of the factors.”

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://www.youtube.com/watch?v=tfX_T9BpIug

Corporate Canada showing signs of interest in election Now that the NDP surging Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 26, 2011) Clearlease.com Reports Canada’s corporate sector and public both appear to be taking a close look at the New Democratic Party led by Jack Layton for the first time, and likely coming to different conclusions.

So far, the federal election campaign hasn’t had a perceptible impact on the dollar, or bond and equity markets.

But that may all change now that the NDP is threatening to put its stamp on Ottawa, with the most recent Ekos poll suggesting the party could win 100 seats next Tuesday, making the idea of Layton becoming prime minister, possibly as head of a coalition, at least within the realm of possible outcomes.

The reason Bay Street hasn’t been following the election closely so far, says Bank of Montreal deputy chief economist Douglas Porter, is that it was assumed until a few days ago that the May 2 election would not produce a dramatic change.

Few people had considered Layton as potential leader of the opposition, never mind as head of a coalition government.

“While that’s certainly an ‘interesting’ result, it’s not exactly market friendly. In other words, hang on to your hats!” Porter advised clients in a note Tuesday.

The immediate impact of the socialist NDP in the cat-bird seat would be to increase anxiety and uncertainty among business leaders and investors about what comes next.

Porter says he expects the Canadian dollar to come off its lofty perch, at least in the short term, and for bond yields to possibly rise.

The Canadian dollar has been above its U.S. counterpart practically all of 2011, bolstered by a combination of high world prices for commodities it exports as well as the American currency’s weakness.

The loonie closed above 105 cents US on Tuesday, up nearly one-third of a cent.

TD Bank chief economist Craig Alexander added that markets would likely react negatively to any change in Ottawa for the simple reason that investors don’t like uncertainty.

There are particular reasons for Canada’s corporate sector to dislike the NDP platform, however.

The party is calling for the corporate tax rate to be hiked back to 19.5 per cent, 4.5 percentage points higher than where the Tories would take it next year.

The Liberals, which have been the official Opposition party led by Michael Ignatieff, is also calling for the corporate tax rate to be increased but only to 18 per cent.

In contrast, the Conservatives led by Prime Minister Stephen Harper plan to reduce the corporate tax rate to 15 per cent on Jan. 1, 2012, down from the current rate of 16.5 per cent.

As well, the NDP says it would cut $2 billion in subsidies to the oilsands, cap credit card interest rates at five per cent above prime, and establish a cap-and-trade system to control greenhouse gases.

“When you look at the NDP, two things are quite worrisome,” says Jack Mintz of the University of Calgary, a leading economist on government tax policy.

“One is they want to raise taxes in a significant way and (there are) concerns about whether they would raise other taxes. And the other thing is there is a large hit on Western Canada.”

Mintz says his calculations suggest the federal coffers would only gain a fraction of the billions the NDP believes corporate taxes will generate, leaving Layton with a fiscal hole. Nor would he realize the estimated payoff of other measures he has announced, such as closing tax loopholes and the cap-and-trade system.

Markets would then be nervous about whether he would raise other taxes to make up for the difference, or curtail spending.

Labour economist Jim Stanford agrees corporate Canada would be worried, but it’s more to do with their self-interest than the economy’s.

The chief economist with the Canadian Auto Workers union disagrees with Mintz on the effectiveness of corporate tax cuts as a public policy tool to create investments and jobs. There’s no doubt an NDP-led government would hurt business interests, he says, but not necessarily the economy.

“Corporations won’t be happy to see their $6 billion in tax cuts cancelled,” Stanford says.

“But even if Jack Layton was prime minister on May 3, Canada is still a fantastically profitable and secure place for business to operate and that’s why our dollar is worth $1.05 and our stock market is high and corporate profits are so high. None of that is going to change.”

Even the oil patch will shrug off Layton’s cap-and-trade and removal of subsidies, he says, as long as oil is $100 a barrel.

Surprisingly, Mintz says Stanford has a point. The immediate market reaction would be nervousness; longer term, it will depend how the NDP in office behaves. He notes that some provincial NDP governments in Saskatchewan and Manitoba have been fiscally responsible.

But don’t underestimate the ability of governments to impact business decisions, he adds, even if in the margins. And at this point, the NDP does represent a wildcard.

“People who have studied economic growth rates across countries have found political uncertainty does have a negative impact. It’s not the only factor, but it is one of the factors.”

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://www.youtube.com/watch?v=tfX_T9BpIug

Corporate Canada showing signs of interest in election Now that the NDP surging Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 26, 2011) Clearlease.com Reports Canada’s corporate sector and public both appear to be taking a close look at the New Democratic Party led by Jack Layton for the first time, and likely coming to different conclusions.

So far, the federal election campaign hasn’t had a perceptible impact on the dollar, or bond and equity markets.

But that may all change now that the NDP is threatening to put its stamp on Ottawa, with the most recent Ekos poll suggesting the party could win 100 seats next Tuesday, making the idea of Layton becoming prime minister, possibly as head of a coalition, at least within the realm of possible outcomes.

The reason Bay Street hasn’t been following the election closely so far, says Bank of Montreal deputy chief economist Douglas Porter, is that it was assumed until a few days ago that the May 2 election would not produce a dramatic change.

Few people had considered Layton as potential leader of the opposition, never mind as head of a coalition government.

“While that’s certainly an ‘interesting’ result, it’s not exactly market friendly. In other words, hang on to your hats!” Porter advised clients in a note Tuesday.

The immediate impact of the socialist NDP in the cat-bird seat would be to increase anxiety and uncertainty among business leaders and investors about what comes next.

Porter says he expects the Canadian dollar to come off its lofty perch, at least in the short term, and for bond yields to possibly rise.

The Canadian dollar has been above its U.S. counterpart practically all of 2011, bolstered by a combination of high world prices for commodities it exports as well as the American currency’s weakness.

The loonie closed above 105 cents US on Tuesday, up nearly one-third of a cent.

TD Bank chief economist Craig Alexander added that markets would likely react negatively to any change in Ottawa for the simple reason that investors don’t like uncertainty.

There are particular reasons for Canada’s corporate sector to dislike the NDP platform, however.

The party is calling for the corporate tax rate to be hiked back to 19.5 per cent, 4.5 percentage points higher than where the Tories would take it next year.

The Liberals, which have been the official Opposition party led by Michael Ignatieff, is also calling for the corporate tax rate to be increased but only to 18 per cent.

In contrast, the Conservatives led by Prime Minister Stephen Harper plan to reduce the corporate tax rate to 15 per cent on Jan. 1, 2012, down from the current rate of 16.5 per cent.

As well, the NDP says it would cut $2 billion in subsidies to the oilsands, cap credit card interest rates at five per cent above prime, and establish a cap-and-trade system to control greenhouse gases.

“When you look at the NDP, two things are quite worrisome,” says Jack Mintz of the University of Calgary, a leading economist on government tax policy.

“One is they want to raise taxes in a significant way and (there are) concerns about whether they would raise other taxes. And the other thing is there is a large hit on Western Canada.”

Mintz says his calculations suggest the federal coffers would only gain a fraction of the billions the NDP believes corporate taxes will generate, leaving Layton with a fiscal hole. Nor would he realize the estimated payoff of other measures he has announced, such as closing tax loopholes and the cap-and-trade system.

Markets would then be nervous about whether he would raise other taxes to make up for the difference, or curtail spending.

Labour economist Jim Stanford agrees corporate Canada would be worried, but it’s more to do with their self-interest than the economy’s.

The chief economist with the Canadian Auto Workers union disagrees with Mintz on the effectiveness of corporate tax cuts as a public policy tool to create investments and jobs. There’s no doubt an NDP-led government would hurt business interests, he says, but not necessarily the economy.

“Corporations won’t be happy to see their $6 billion in tax cuts cancelled,” Stanford says.

“But even if Jack Layton was prime minister on May 3, Canada is still a fantastically profitable and secure place for business to operate and that’s why our dollar is worth $1.05 and our stock market is high and corporate profits are so high. None of that is going to change.”

Even the oil patch will shrug off Layton’s cap-and-trade and removal of subsidies, he says, as long as oil is $100 a barrel.

Surprisingly, Mintz says Stanford has a point. The immediate market reaction would be nervousness; longer term, it will depend how the NDP in office behaves. He notes that some provincial NDP governments in Saskatchewan and Manitoba have been fiscally responsible.

But don’t underestimate the ability of governments to impact business decisions, he adds, even if in the margins. And at this point, the NDP does represent a wildcard.

“People who have studied economic growth rates across countries have found political uncertainty does have a negative impact. It’s not the only factor, but it is one of the factors.”

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://www.youtube.com/watch?v=tfX_T9BpIug

Rogers (NYSE: ROG ) Posts 6.5 per cent jump helped by postpaid wireless Dominion Lending Centres Clearlease

Rogers (NYSE: ROG ) Posts 6.5 per cent jump helped by postpaid wireless Dominion Lending Centres Clearlease

Rogers (NYSE: ROG ) Posts 6.5 per cent jump helped by postpaid wireless Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 27, 2011) Clearlease.com Reports Rogers (NYSE: ROG ), Canada’s largest wireless company, posted a 6.5 percent jump in adjusted profit on Tuesday April 26, helped by solid growth in its lucrative postpaid wireless business.

The Toronto-based cable-TV and telecoms company had adjusted net income of C$423 million ($445 million), or 76 Canadian cents a share, in the three months to March 31, up from C$397 million, or 67 Canadian cents a share, a year ago.

Analysts had, on average, expected adjusted earnings of 72 Canadian cents a share, according to Thomson Reuters I/B/E/S.

Its non-adjusted net income dipped 9 percent to C$335 million, or 60 Canadian cents a share, due to higher financing and acquisition costs.

Revenue rose 4 percent to C$2.99 billion, in line with analyst estimates.

The company added 45,000 net postpaid wireless subscribers, at the high end of a range expected by analysts.

It added 35,000 net wireless subscribers — meaning it lost 10,000 prepaid customers — and 15,000 cable-based customers for its television, Internet and landline telephone products.

Postpaid customers, who pay their bills on a monthly basis and often sign up for multiyear contracts, are seen as more lucrative than prepaid customers, who pay in advance for a preset amount of service.

Rogers has seen its leadership position in wireless eroded since main rivals Telus and BCE’s Bell Canada built a shared network upgrade, and new entrants such as Globalive’s Wind Mobile and Mobilicity courted budget-conscious callers with aggressive talk and text pricing.

Rogers’ average wireless customer paid C$59.91 a month, down from C$61.72 in the previous quarter and C$62.02 a year earlier, while data revenue grew 30 percent.

The company also owns major publishing and media businesses, as well as the Toronto Blue Jays baseball team.

Rogers shares closed 1.1 percent higher at C$34.74 on the Toronto Stock Exchange before the earnings were released.

($1=$0.95 Canadian)

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://www.youtube.com/watch?v=tfX_T9BpIugRogers (NYSE: ROG ) Posts 6.5 per cent jump helped by postpaid wireless Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 26, 2011) Clearlease.com Reports Rogers (NYSE: ROG ), Canada’s largest wireless company, posted a 6.5 percent jump in adjusted profit on Tuesday April 26, helped by solid growth in its lucrative postpaid wireless business.

The Toronto-based cable-TV and telecoms company had adjusted net income of C$423 million ($445 million), or 76 Canadian cents a share, in the three months to March 31, up from C$397 million, or 67 Canadian cents a share, a year ago.

Analysts had, on average, expected adjusted earnings of 72 Canadian cents a share, according to Thomson Reuters I/B/E/S.

Its non-adjusted net income dipped 9 percent to C$335 million, or 60 Canadian cents a share, due to higher financing and acquisition costs.

Revenue rose 4 percent to C$2.99 billion, in line with analyst estimates.

The company added 45,000 net postpaid wireless subscribers, at the high end of a range expected by analysts.

It added 35,000 net wireless subscribers — meaning it lost 10,000 prepaid customers — and 15,000 cable-based customers for its television, Internet and landline telephone products.

Postpaid customers, who pay their bills on a monthly basis and often sign up for multiyear contracts, are seen as more lucrative than prepaid customers, who pay in advance for a preset amount of service.

Rogers has seen its leadership position in wireless eroded since main rivals Telus and BCE’s Bell Canada built a shared network upgrade, and new entrants such as Globalive’s Wind Mobile and Mobilicity courted budget-conscious callers with aggressive talk and text pricing.

Rogers’ average wireless customer paid C$59.91 a month, down from C$61.72 in the previous quarter and C$62.02 a year earlier, while data revenue grew 30 percent.

The company also owns major publishing and media businesses, as well as the Toronto Blue Jays baseball team.

Rogers shares closed 1.1 percent higher at C$34.74 on the Toronto Stock Exchange before the earnings were released.

($1=$0.95 Canadian)

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://www.youtube.com/watch?v=tfX_T9BpIug

Rogers (NYSE: ROG ) Posts 6.5 per cent jump helped by postpaid wireless Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 27, 2011) Clearlease.com Reports Rogers (NYSE: ROG ), Canada’s largest wireless company, posted a 6.5 percent jump in adjusted profit on Tuesday April 26, helped by solid growth in its lucrative postpaid wireless business.

The Toronto-based cable-TV and telecoms company had adjusted net income of C$423 million ($445 million), or 76 Canadian cents a share, in the three months to March 31, up from C$397 million, or 67 Canadian cents a share, a year ago.

Analysts had, on average, expected adjusted earnings of 72 Canadian cents a share, according to Thomson Reuters I/B/E/S.

Its non-adjusted net income dipped 9 percent to C$335 million, or 60 Canadian cents a share, due to higher financing and acquisition costs.

Revenue rose 4 percent to C$2.99 billion, in line with analyst estimates.

The company added 45,000 net postpaid wireless subscribers, at the high end of a range expected by analysts.

It added 35,000 net wireless subscribers — meaning it lost 10,000 prepaid customers — and 15,000 cable-based customers for its television, Internet and landline telephone products.

Postpaid customers, who pay their bills on a monthly basis and often sign up for multiyear contracts, are seen as more lucrative than prepaid customers, who pay in advance for a preset amount of service.

Rogers has seen its leadership position in wireless eroded since main rivals Telus and BCE’s Bell Canada built a shared network upgrade, and new entrants such as Globalive’s Wind Mobile and Mobilicity courted budget-conscious callers with aggressive talk and text pricing.

Rogers’ average wireless customer paid C$59.91 a month, down from C$61.72 in the previous quarter and C$62.02 a year earlier, while data revenue grew 30 percent.

The company also owns major publishing and media businesses, as well as the Toronto Blue Jays baseball team.

Rogers shares closed 1.1 percent higher at C$34.74 on the Toronto Stock Exchange before the earnings were released.

($1=$0.95 Canadian)

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://www.youtube.com/watch?v=tfX_T9BpIug

Equipment Leasing Commercial Funding Vancouver Starring Alia & Simone Dominion Lending Centres ClearleaseEquipment Leasing Commercial Funding Vancouver Starring Alia & Simone Dominion Lending Centres ClearleaseEquipment Leasing Commercial Funding Vancouver Starring Alia & Simone Dominion Lending Centres Clearlease

What is Leasing Video now available – Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 27, 2011) Clearlease.com Reports the launch of New Leasing Instructional Video’s. Dominion Lending Centres Clearlease was founded to provide equipment leasing services to small to medium sized businesses. Dominion Lending Centres Clearlease is not a bank or bank owned leasing company allowing us to create options banks and other financial institutions simply can’t provide. Please call us today to discuss your specific requirements. Equipment leasing, for businesses leasing lease information company commercial office equipment network equipment for business finance computer Leasing capital equipment Financing business

Dominion Lending Centres Clearlease finances all types of equipment including:

* Startup Financing
* Medical-Equipment-Leasing
* Business-Equipment-Leasing
* Computer-Leasing
* Construction-Equipment-Leasing
* Fitness-Equipment-Leasing
* Heavy-Equipment-Leasing
* Office-Equipment-Leasing
* Restaurant-Equipment Leasing
* Dry-Cleaning-Equipment Leasing
* Agricultural-Equipment Leasing
* Printing-Equipment Leasing
* Network-Equipment-Leasing
* Software-Leasing
* Telecom-Equipment Leasing
* Metalworking-Equipment Leasing
* Truck-Leasing
* Woodworking-Equipment Leasing
* Security-Equipment-Leasing
* Production-Equipment-Leasing
* Manufacturing-Equipment-Leasing

Equipment leasing is a great way to grow your business without significant out-of-pocket expenses and with better value, convenience and control.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BRITISH COLUMBIA – (April 26, 2011) Clearlease.com Reports the launch of New Leasing Instructional Video’s. Dominion Lending Centres Clearlease was founded to provide equipment leasing services to small to medium sized businesses. Dominion Lending Centres Clearlease is not a bank or bank owned leasing company allowing us to create options banks and other financial institutions simply can’t provide. Please call us today to discuss your specific requirements. Equipment leasing, for businesses leasing lease information company commercial office equipment network equipment for business finance computer Leasing capital equipment Financing business

Dominion Lending Centres Clearlease finances all types of equipment including:

* Startup Financing
* Medical-Equipment-Leasing
* Business-Equipment-Leasing
* Computer-Leasing
* Construction-Equipment-Leasing
* Fitness-Equipment-Leasing
* Heavy-Equipment-Leasing
* Office-Equipment-Leasing
* Restaurant-Equipment Leasing
* Dry-Cleaning-Equipment Leasing
* Agricultural-Equipment Leasing
* Printing-Equipment Leasing
* Network-Equipment-Leasing
* Software-Leasing
* Telecom-Equipment Leasing
* Metalworking-Equipment Leasing
* Truck-Leasing
* Woodworking-Equipment Leasing
* Security-Equipment-Leasing
* Production-Equipment-Leasing
* Manufacturing-Equipment-Leasing

Equipment leasing is a great way to grow your business without significant out-of-pocket expenses and with better value, convenience and control.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###What is Leasing Video now available – Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 27, 2011) Clearlease.com Reports the launch of New Leasing Instructional Video’s. Dominion Lending Centres Clearlease was founded to provide equipment leasing services to small to medium sized businesses. Dominion Lending Centres Clearlease is not a bank or bank owned leasing company allowing us to create options banks and other financial institutions simply can’t provide. Please call us today to discuss your specific requirements. Equipment leasing, for businesses leasing lease information company commercial office equipment network equipment for business finance computer Leasing capital equipment Financing business

Dominion Lending Centres Clearlease finances all types of equipment including:

* Startup Financing
* Medical-Equipment-Leasing
* Business-Equipment-Leasing
* Computer-Leasing
* Construction-Equipment-Leasing
* Fitness-Equipment-Leasing
* Heavy-Equipment-Leasing
* Office-Equipment-Leasing
* Restaurant-Equipment Leasing
* Dry-Cleaning-Equipment Leasing
* Agricultural-Equipment Leasing
* Printing-Equipment Leasing
* Network-Equipment-Leasing
* Software-Leasing
* Telecom-Equipment Leasing
* Metalworking-Equipment Leasing
* Truck-Leasing
* Woodworking-Equipment Leasing
* Security-Equipment-Leasing
* Production-Equipment-Leasing
* Manufacturing-Equipment-Leasing

Equipment leasing is a great way to grow your business without significant out-of-pocket expenses and with better value, convenience and control.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Mercator (TSXV:GMT.V), announces closing of $750,000 private placement – Dominion Lending Centres Clearlease

Mercator (TSXV:GMT.V), announces closing of $750,000 private placement – Dominion Lending Centres Clearlease

LAVAL, QUEBEC – (April 27, 2011) Clearlease.com Mercator Transport Group Corporation (TSXV:GMT.V), is proud to announce the closing, as of April 26, 2011, of a private placement in the amount of $750,000 through the issuance of 1,875,000 common shares at a price of $0.40 per share. This private placement is completed with an institutional investor.

Mercator Transport intends to use the private placement proceeds for the general working capital needs of African divisions of the corporation, making it possible to make bids on more important contracts on this continent.

This private placement is completed without the use of broker or dealer services. After the private placement, through which no warrants will be issued, the number of common shares issued and outstanding will be at 35,010,001.

The Mercator Transport shares issued through this private placement are subjected to a four-month holding period following the issuance of the common shares, in accordance with applicable securities laws and TSX Venture Exchange policies.

It is to be noted that the aforementioned private placement is conditional to final approval by the TSX Venture Exchange and other requirements.

About Mercator Transport

Mercator Transport specializes in freight forwarding, international logistics and distribution. Based in Montreal (Canada), with offices in the United States, France, Ghana, Kenya, Uganda, Tanzania and Zambia, Mercator Transport offers value-added services in global supply chain management, and designs tailor-made solutions. Customer intimacy and commitment differentiates Mercator Transport in its ability to implement customers’ requirements.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease / Clearlease.com ) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending / Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900,
555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

US Stocks moved modestly higher at the start of trading on Tuesday – Dominion Lending Centres Clearlease

US Stocks moved modestly higher at the start of trading on Tuesday – Dominion Lending Centres Clearlease

US Stocks moved modestly higher at the start of trading on Tuesday – Dominion Lending Centres Clearlease

TORONTO – (April 26, 2011) Clearlease.com Reports After showing a lack of direction throughout the previous session, stocks moved modestly higher at the start of trading on Tuesday. The major averages all moved to the upside after ending the previous session on opposite sides of the unchanged line.

The initial strength in the markets was partly due to a positive reaction to better than expected quarterly results from big-name companies such as Ford (F) and 3M (MMM). Buying interest has remained somewhat subdued, however, as traders continue to look ahead to news from the Federal Reserve.

Ford reported first quarter adjusted earnings of $0.62 per share compared to $0.46 per share last year, while its revenues rose 5 percent to $33.1 billion. Analyst estimates had called for earnings of $0.50 per share on revenues of $30.64 billion.

Additionally, 3M said its first quarter earnings rose to $1.49 per share on revenues that rose 15.2 percent to $7.3 billion. Despite expecting a $0.10 to $0.13 per share impact from business disruptions due to the events in Japan, the company also raised its guidance for 2011.

Shares of UPS (UPS) are also seeing early strength after the delivery giant reported better than expected first quarter earnings and raised its full year earnings forecast.

Health insurance stocks are seeing considerable strength in early trading, with Centene (CNC) and Humana (HUM) leading the sector higher. Centene is up by 8.9 percent after reporting better than expected first quarter earnings, while Humana is up by 5.4 percent after raising its first quarter guidance.

While early strength is also visible among airline stocks, weakness among gold stocks is helping to limit the upside for the markets.

The major averages have pulled back off their highs for the young session but are currently holding on to modest gains. The Dow is up 18.92 points or 0.2 percent at 12,498.80, the Nasdaq is up 4.59 points or 0.2 percent at 2,830.47 and the S&P 500 is up 3.53 points or 0.3 percent at 1,338.78.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###US Stocks moved modestly higher at the start of trading on Tuesday – Dominion Lending Centres Clearlease

TORONTO – (April 26, 2011) Clearlease.com Reports After showing a lack of direction throughout the previous session, stocks moved modestly higher at the start of trading on Tuesday. The major averages all moved to the upside after ending the previous session on opposite sides of the unchanged line.

The initial strength in the markets was partly due to a positive reaction to better than expected quarterly results from big-name companies such as Ford (F) and 3M (MMM). Buying interest has remained somewhat subdued, however, as traders continue to look ahead to news from the Federal Reserve.

Ford reported first quarter adjusted earnings of $0.62 per share compared to $0.46 per share last year, while its revenues rose 5 percent to $33.1 billion. Analyst estimates had called for earnings of $0.50 per share on revenues of $30.64 billion.

Additionally, 3M said its first quarter earnings rose to $1.49 per share on revenues that rose 15.2 percent to $7.3 billion. Despite expecting a $0.10 to $0.13 per share impact from business disruptions due to the events in Japan, the company also raised its guidance for 2011.

Shares of UPS (UPS) are also seeing early strength after the delivery giant reported better than expected first quarter earnings and raised its full year earnings forecast.

Health insurance stocks are seeing considerable strength in early trading, with Centene (CNC) and Humana (HUM) leading the sector higher. Centene is up by 8.9 percent after reporting better than expected first quarter earnings, while Humana is up by 5.4 percent after raising its first quarter guidance.

While early strength is also visible among airline stocks, weakness among gold stocks is helping to limit the upside for the markets.

The major averages have pulled back off their highs for the young session but are currently holding on to modest gains. The Dow is up 18.92 points or 0.2 percent at 12,498.80, the Nasdaq is up 4.59 points or 0.2 percent at 2,830.47 and the S&P 500 is up 3.53 points or 0.3 percent at 1,338.78.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###US Stocks moved modestly higher at the start of trading on Tuesday – Dominion Lending Centres Clearlease

TORONTO – (April 26, 2011) Clearlease.com Reports After showing a lack of direction throughout the previous session, stocks moved modestly higher at the start of trading on Tuesday. The major averages all moved to the upside after ending the previous session on opposite sides of the unchanged line.

The initial strength in the markets was partly due to a positive reaction to better than expected quarterly results from big-name companies such as Ford (F) and 3M (MMM). Buying interest has remained somewhat subdued, however, as traders continue to look ahead to news from the Federal Reserve.

Ford reported first quarter adjusted earnings of $0.62 per share compared to $0.46 per share last year, while its revenues rose 5 percent to $33.1 billion. Analyst estimates had called for earnings of $0.50 per share on revenues of $30.64 billion.

Additionally, 3M said its first quarter earnings rose to $1.49 per share on revenues that rose 15.2 percent to $7.3 billion. Despite expecting a $0.10 to $0.13 per share impact from business disruptions due to the events in Japan, the company also raised its guidance for 2011.

Shares of UPS (UPS) are also seeing early strength after the delivery giant reported better than expected first quarter earnings and raised its full year earnings forecast.

Health insurance stocks are seeing considerable strength in early trading, with Centene (CNC) and Humana (HUM) leading the sector higher. Centene is up by 8.9 percent after reporting better than expected first quarter earnings, while Humana is up by 5.4 percent after raising its first quarter guidance.

While early strength is also visible among airline stocks, weakness among gold stocks is helping to limit the upside for the markets.

The major averages have pulled back off their highs for the young session but are currently holding on to modest gains. The Dow is up 18.92 points or 0.2 percent at 12,498.80, the Nasdaq is up 4.59 points or 0.2 percent at 2,830.47 and the S&P 500 is up 3.53 points or 0.3 percent at 1,338.78.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

The TSX pared earlier losses and was little changed midday Tuesday – Dominion Lending Centres Clearlease

The TSX pared earlier losses and was little changed midday Tuesday – Dominion Lending Centres Clearlease

The TSX pared earlier losses and was little changed midday Tuesday – Dominion Lending Centres Clearlease

TORONTO – (April 26, 2011) Clearlease.com Reports The Toronto stock market pared earlier losses and was little changed midday Tuesday as investors digested a long list of earnings reports streaming in from both sides of the border.

The S&P /TSX composite index was up 2.2 points to 13,909.5. The TSX Venture Exchange was down 18.87 points at 2,241.18.

The Canadian dollar gained 0.40 of a cent to 105.16 cents US.

Oil prices fell 24 cents to US$112.04 a barrel on the New York Mercantile Exchange, but the TSX energy sector moved into positive territory with shares in Canadian Natural Resources (TSX:CNQ) up 12 cents at C$44 on the TSX.

Gold prices tumbled from recent highs with the June contract down $9.10 to US$1,500 an ounce. The materials sector on the TSX was the biggest decliner, down 0.9 per cent, with shares in Goldcorp Inc. (TSX:G) off 86 cents at C$51.68.

Copper prices were up two cents at $4.33 a pound. Shares in base metals miner Teck Resources Ltd. (TSX:TCK.B) gained 16 cents to C$53.34.

Investors are adopting a wait- and-see attitude as they wait for comments Wednesday from the U.S. Federal Reserve on the state of the world’s largest economy, said Garey Aitken, director of equity research at Bissett Funds in Calgary.

The Federal Reserve begins a two-day meeting Tuesday. Economists expect the Fed will leave short-term interest rates unchanged and end its $600-billion bond-buying program in June as scheduled.

Investors are also waiting for a pick-up this week in Canadian earnings reports, he added.

“We are at that stage where the earnings season for U.S. companies is pretty far advanced but we’re just at the early stages in Canada, but that’s definitely going to be picking up here in coming days,” Aitken said.

“The earnings environment in Canada has been really good for the last several quarters … I think the expectations are fairly lofty in terms of a continuation of that from corporate Canada.”

On Tuesday, TransAlta Corp. (TSX:TA) reported first-quarter net earnings attributable to common shareholders of $204 million compared with $60 million a year earlier. Revenue in the quarter ended March 31 was $818 million, up from $696 million. TransAlta stock gained 21 cents to $20.76.

Precision Drilling Corp. (TSX:PD) said first-quarter profits were $66 million, compared with $57 million a year earlier. The results came in at 23 cents per share, missing analyst expectations by three cents, according to Thomson Reuters. Revenue totalled $525 million, up from $373 million. Precision’s stock fell 21 cents to $14.59.

Other Canadian earnings expected Tuesday include Canadian National Railway (TSX:CNR) and Rogers Communications Inc. (TSX:RCI.B).

Meanwhile, traders remain focused on commodity prices, especially as the price of gold falls off Monday’s record high, contributing to a decline in the gold-heavy materials sector Aitken said.

Depressed shares of market heavyweight Barrick Gold Corp. (TSX:ABX), which were down 2.4 per cent or $1.22 at $48.28 Tuesday after losing five per cent Monday, dragged the index for the second day in a row, Aitken said.

In a friendly $7.3-billion takeover bid made Monday, Barrick offered Equinox Minerals Ltd. (TSX:EQN) $8.15 per share. Equinox shares fell three per cent or 25 cents to $8.12 after hostile bidder Minmetals Resources said Tuesday it would not try to match the offer.

Wall Street moved higher on positive first-quarter earnings reports that topped analysts’ expectations from major companies including Ford Motor Co. , Coca Cola Co., 3M Co. and United Parcel Service Inc.

The Dow Jones industrial average was up 90.9 points at 12,570.8, the Nasdaq index gained 23.64 points to 2,849.52 and the S&P 500 index was 10.7 points higher at 1,345.95.

Investors are also weighing mixed economic data out of the United States.

The Standard & Poor’s/Case-Shiller 20-city home price index showed declines in 19 cities from February to January. But the Conference Board ‘s consumer confidence index rose above expectations in April to 65.4 from a revised 63.8 in March.

European markets moved higher, with Britain’s FTSE 100 rising 0.75 per cent. Germany’s DAX was up 0.77 per cent and France’s CAC-40 rose by 0.55 per cent.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###The TSX pared earlier losses and was little changed midday Tuesday – Dominion Lending Centres Clearlease

TORONTO – (April 26, 2011) Clearlease.com Reports The Toronto stock market pared earlier losses and was little changed midday Tuesday as investors digested a long list of earnings reports streaming in from both sides of the border.

The S&P /TSX composite index was up 2.2 points to 13,909.5. The TSX Venture Exchange was down 18.87 points at 2,241.18.

The Canadian dollar gained 0.40 of a cent to 105.16 cents US.

Oil prices fell 24 cents to US$112.04 a barrel on the New York Mercantile Exchange, but the TSX energy sector moved into positive territory with shares in Canadian Natural Resources (TSX:CNQ) up 12 cents at C$44 on the TSX.

Gold prices tumbled from recent highs with the June contract down $9.10 to US$1,500 an ounce. The materials sector on the TSX was the biggest decliner, down 0.9 per cent, with shares in Goldcorp Inc. (TSX:G) off 86 cents at C$51.68.

Copper prices were up two cents at $4.33 a pound. Shares in base metals miner Teck Resources Ltd. (TSX:TCK.B) gained 16 cents to C$53.34.

Investors are adopting a wait- and-see attitude as they wait for comments Wednesday from the U.S. Federal Reserve on the state of the world’s largest economy, said Garey Aitken, director of equity research at Bissett Funds in Calgary.

The Federal Reserve begins a two-day meeting Tuesday. Economists expect the Fed will leave short-term interest rates unchanged and end its $600-billion bond-buying program in June as scheduled.

Investors are also waiting for a pick-up this week in Canadian earnings reports, he added.

“We are at that stage where the earnings season for U.S. companies is pretty far advanced but we’re just at the early stages in Canada, but that’s definitely going to be picking up here in coming days,” Aitken said.

“The earnings environment in Canada has been really good for the last several quarters … I think the expectations are fairly lofty in terms of a continuation of that from corporate Canada.”

On Tuesday, TransAlta Corp. (TSX:TA) reported first-quarter net earnings attributable to common shareholders of $204 million compared with $60 million a year earlier. Revenue in the quarter ended March 31 was $818 million, up from $696 million. TransAlta stock gained 21 cents to $20.76.

Precision Drilling Corp. (TSX:PD) said first-quarter profits were $66 million, compared with $57 million a year earlier. The results came in at 23 cents per share, missing analyst expectations by three cents, according to Thomson Reuters. Revenue totalled $525 million, up from $373 million. Precision’s stock fell 21 cents to $14.59.

Other Canadian earnings expected Tuesday include Canadian National Railway (TSX:CNR) and Rogers Communications Inc. (TSX:RCI.B).

Meanwhile, traders remain focused on commodity prices, especially as the price of gold falls off Monday’s record high, contributing to a decline in the gold-heavy materials sector Aitken said.

Depressed shares of market heavyweight Barrick Gold Corp. (TSX:ABX), which were down 2.4 per cent or $1.22 at $48.28 Tuesday after losing five per cent Monday, dragged the index for the second day in a row, Aitken said.

In a friendly $7.3-billion takeover bid made Monday, Barrick offered Equinox Minerals Ltd. (TSX:EQN) $8.15 per share. Equinox shares fell three per cent or 25 cents to $8.12 after hostile bidder Minmetals Resources said Tuesday it would not try to match the offer.

Wall Street moved higher on positive first-quarter earnings reports that topped analysts’ expectations from major companies including Ford Motor Co. , Coca Cola Co., 3M Co. and United Parcel Service Inc.

The Dow Jones industrial average was up 90.9 points at 12,570.8, the Nasdaq index gained 23.64 points to 2,849.52 and the S&P 500 index was 10.7 points higher at 1,345.95.

Investors are also weighing mixed economic data out of the United States.

The Standard & Poor’s/Case-Shiller 20-city home price index showed declines in 19 cities from February to January. But the Conference Board ‘s consumer confidence index rose above expectations in April to 65.4 from a revised 63.8 in March.

European markets moved higher, with Britain’s FTSE 100 rising 0.75 per cent. Germany’s DAX was up 0.77 per cent and France’s CAC-40 rose by 0.55 per cent.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###The TSX pared earlier losses and was little changed midday Tuesday – Dominion Lending Centres Clearlease

TORONTO – (April 26, 2011) Clearlease.com Reports The Toronto stock market pared earlier losses and was little changed midday Tuesday as investors digested a long list of earnings reports streaming in from both sides of the border.

The S&P /TSX composite index was up 2.2 points to 13,909.5. The TSX Venture Exchange was down 18.87 points at 2,241.18.

The Canadian dollar gained 0.40 of a cent to 105.16 cents US.

Oil prices fell 24 cents to US$112.04 a barrel on the New York Mercantile Exchange, but the TSX energy sector moved into positive territory with shares in Canadian Natural Resources (TSX:CNQ) up 12 cents at C$44 on the TSX.

Gold prices tumbled from recent highs with the June contract down $9.10 to US$1,500 an ounce. The materials sector on the TSX was the biggest decliner, down 0.9 per cent, with shares in Goldcorp Inc. (TSX:G) off 86 cents at C$51.68.

Copper prices were up two cents at $4.33 a pound. Shares in base metals miner Teck Resources Ltd. (TSX:TCK.B) gained 16 cents to C$53.34.

Investors are adopting a wait- and-see attitude as they wait for comments Wednesday from the U.S. Federal Reserve on the state of the world’s largest economy, said Garey Aitken, director of equity research at Bissett Funds in Calgary.

The Federal Reserve begins a two-day meeting Tuesday. Economists expect the Fed will leave short-term interest rates unchanged and end its $600-billion bond-buying program in June as scheduled.

Investors are also waiting for a pick-up this week in Canadian earnings reports, he added.

“We are at that stage where the earnings season for U.S. companies is pretty far advanced but we’re just at the early stages in Canada, but that’s definitely going to be picking up here in coming days,” Aitken said.

“The earnings environment in Canada has been really good for the last several quarters … I think the expectations are fairly lofty in terms of a continuation of that from corporate Canada.”

On Tuesday, TransAlta Corp. (TSX:TA) reported first-quarter net earnings attributable to common shareholders of $204 million compared with $60 million a year earlier. Revenue in the quarter ended March 31 was $818 million, up from $696 million. TransAlta stock gained 21 cents to $20.76.

Precision Drilling Corp. (TSX:PD) said first-quarter profits were $66 million, compared with $57 million a year earlier. The results came in at 23 cents per share, missing analyst expectations by three cents, according to Thomson Reuters. Revenue totalled $525 million, up from $373 million. Precision’s stock fell 21 cents to $14.59.

Other Canadian earnings expected Tuesday include Canadian National Railway (TSX:CNR) and Rogers Communications Inc. (TSX:RCI.B).

Meanwhile, traders remain focused on commodity prices, especially as the price of gold falls off Monday’s record high, contributing to a decline in the gold-heavy materials sector Aitken said.

Depressed shares of market heavyweight Barrick Gold Corp. (TSX:ABX), which were down 2.4 per cent or $1.22 at $48.28 Tuesday after losing five per cent Monday, dragged the index for the second day in a row, Aitken said.

In a friendly $7.3-billion takeover bid made Monday, Barrick offered Equinox Minerals Ltd. (TSX:EQN) $8.15 per share. Equinox shares fell three per cent or 25 cents to $8.12 after hostile bidder Minmetals Resources said Tuesday it would not try to match the offer.

Wall Street moved higher on positive first-quarter earnings reports that topped analysts’ expectations from major companies including Ford Motor Co. , Coca Cola Co., 3M Co. and United Parcel Service Inc.

The Dow Jones industrial average was up 90.9 points at 12,570.8, the Nasdaq index gained 23.64 points to 2,849.52 and the S&P 500 index was 10.7 points higher at 1,345.95.

Investors are also weighing mixed economic data out of the United States.

The Standard & Poor’s/Case-Shiller 20-city home price index showed declines in 19 cities from February to January. But the Conference Board ‘s consumer confidence index rose above expectations in April to 65.4 from a revised 63.8 in March.

European markets moved higher, with Britain’s FTSE 100 rising 0.75 per cent. Germany’s DAX was up 0.77 per cent and France’s CAC-40 rose by 0.55 per cent.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Ritchie Bros. Auctioneers (NYSE: RBA) and (NYSE:RBA) experiences strong pricing and increased bidder registrations– Dominion Lending Centres Clearlease

Ritchie Bros. Auctioneers (NYSE: RBA) and (NYSE:RBA) experiences strong pricing and increased bidder registrations– Dominion Lending Centres Clearlease

Ritchie Bros. Auctioneers (NYSE: RBA) and (NYSE:RBA) experiences strong pricing and increased bidder registrations– Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 26, 2011) Clearlease.com Reports Ritchie Bros. Auctioneers (NYSE: RBA) and (NYSE:RBA), the world’s largest industrial auctioneer, has experienced strong pricing and increased bidder registrations at its Western Canadian agricultural auctions so far in 2011. From March 1 to April 23, 2011, the Company conducted 48 agricultural auctions in Western Canada. During the period of April 2 – 9, 2011, the Company held 12 agricultural auctions, including multi-million dollar unreserved auctions in Nut Mountain, Saskatchewan (April 2); Lacombe, Alberta (April 4); Wroxton, Saskatchewan (April 5); and Saskatoon, Saskatchewan (April 7), generating aggregate gross auction proceeds of more than CA$40 million—a significantly above trend amount for this business period. The Ritchie Bros. April 7 agricultural auction at its permanent facility in Saskatoon registered 3,400 customers to compete on more than CA$18 million worth of machinery.

Ritchie Bros. holds strictly unreserved auctions, with every item selling to the highest bidder regardless of price. Bids are made in person (on-site or on-the-farm), online in real time through the Company’s 21-language web site www.rbauction.com, or by proxy—also referred to as an absentee bid—for people who aren’t able to bid in person or online on auction day.

“During the first week of April, our Western Canadian on-the-farm auctions posted our strongest ever results for number of bidders and online sales, with interest coming from local and out-of-region farmers and investors,” said Jordan Clarke, Area Manager, Ritchie Bros. Auctioneers. “In particular, due to the wet start to this year’s agricultural season in Western Canada, we have witnessed increased demand for in-season agricultural equipment such as large, high horsepower 4WD and belted agricultural tractors and air drills.”

Added Mr. Clarke: “Above average commodity and livestock prices have also affected the pricing of farm equipment and prime farmland in the region. A farmer’s spending tends to be more aggressive if they see a better return on their crops, and if they see an opportunity to make money down the road they’re willing to invest in equipment and land. As a result, we have witnessed appreciation in the value of farmland so far this season has.”

Nut Mountain, SK (April 2)
The Ritchie Bros. unreserved auction in Nut Mountain on April 2 featured more than 360 equipment items, which attracted more than 1,100 bidders from 15 countries, including five Canadian provinces and 18 U.S. states. More than 500 people (47 percent) at the auction bid online, purchasing 25 percent of total equipment items sold. Some of the equipment highlights from the auction included a 2006 Peterbilt 379L T/A truck tractor, which sold for CA$92,000.

Equipment consignor Ted Cawkwell says he chose Ritchie Bros. to conduct the sale of his family’s multi-generational farm in Nut Mountain after interviewing a few other local auction companies. “I chose Ritchie Bros. because it is the largest farm auction company in the world with a broad range of customers they can reach globally in addition to locally,” said Mr. Cawkwell. “The ability for customers to bid online definitely helped get a higher return on our farm machinery than we anticipated—many items even left the province. I wasn’t surprised by the size of the bidding crowd. I had complete confidence that Ritchie Bros. could deliver, and they did.”

Lacombe, AB (April 4)
At an unreserved auction in Lacombe, Alberta on April 4, Ritchie Bros. attracted more than 740 bidders with more than 50 percent of people bidding online. A highlight of the auction was the sale of 10 parcels of land for a combined value of CA$4.9 million. Other real estate items sold in the Lacombe auction included:

* Four acres of residential property with a 3,800 square foot home
* 155± home quarter title acres with a 1,100± sq. foot house
* 154± home quarter title acres with a 1,000± sq. foot house
* 1426± title acres with $23,800± surface lease revenue

Wroxton, SK (April 5)
An unreserved on-the-farm auction in Wroxton, Saskatchewan on April 5 drew a bidding crowd of 750+ people, of which 400 individuals bid online. The auction featured 38 parcels of farmland for a combined 5,808 title acres and more than 150 agricultural equipment items. Altogether, the 38 parcels of farmland sold for CA$3.1 million. Other auction highlights included the sale of two late model FWD John Deere agricultural tractors—one which sold for CA$197,500 to an online buyer from Alberta and another that sold for CA$175,000 to a Saskatchewan buyer.

Ritchie Bros. currently has more than 20 upcoming agricultural auctions scheduled, including a large on-the-farm auction for KFC Farms in Cache Creek, B.C. on May 28. For a complete list of Ritchie Bros. auctions visit the Company’s web site at www.rbauction.com.

About Ritchie Bros.
Established in 1958, Ritchie Bros. Auctioneers (NYSE: RBA) and (NYSE:RBA) is the world’s largest industrial auctioneer, selling more equipment to on-site and online bidders than any other company in the world. Ritchie Bros. offers services that enable the world’s builders to easily and confidently exchange equipment. The Company conducts hundreds of unreserved public auctions each year, selling a broad range of used and unused equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. Ritchie Bros. has over 110 locations in more than 25 countries, including 43 auction sites worldwide. The Company maintains a web site at www.rbauction.com and sponsors an equipment wiki at www.RitchieWiki.com

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Ritchie Bros. Auctioneers (NYSE: RBA) and (NYSE:RBA) experiences strong pricing and increased bidder registrations– Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 26, 2011) Clearlease.com Reports Ritchie Bros. Auctioneers (NYSE: RBA) and (NYSE:RBA), the world’s largest industrial auctioneer, has experienced strong pricing and increased bidder registrations at its Western Canadian agricultural auctions so far in 2011. From March 1 to April 23, 2011, the Company conducted 48 agricultural auctions in Western Canada. During the period of April 2 – 9, 2011, the Company held 12 agricultural auctions, including multi-million dollar unreserved auctions in Nut Mountain, Saskatchewan (April 2); Lacombe, Alberta (April 4); Wroxton, Saskatchewan (April 5); and Saskatoon, Saskatchewan (April 7), generating aggregate gross auction proceeds of more than CA$40 million—a significantly above trend amount for this business period. The Ritchie Bros. April 7 agricultural auction at its permanent facility in Saskatoon registered 3,400 customers to compete on more than CA$18 million worth of machinery.

Ritchie Bros. holds strictly unreserved auctions, with every item selling to the highest bidder regardless of price. Bids are made in person (on-site or on-the-farm), online in real time through the Company’s 21-language web site www.rbauction.com, or by proxy—also referred to as an absentee bid—for people who aren’t able to bid in person or online on auction day.

“During the first week of April, our Western Canadian on-the-farm auctions posted our strongest ever results for number of bidders and online sales, with interest coming from local and out-of-region farmers and investors,” said Jordan Clarke, Area Manager, Ritchie Bros. Auctioneers. “In particular, due to the wet start to this year’s agricultural season in Western Canada, we have witnessed increased demand for in-season agricultural equipment such as large, high horsepower 4WD and belted agricultural tractors and air drills.”

Added Mr. Clarke: “Above average commodity and livestock prices have also affected the pricing of farm equipment and prime farmland in the region. A farmer’s spending tends to be more aggressive if they see a better return on their crops, and if they see an opportunity to make money down the road they’re willing to invest in equipment and land. As a result, we have witnessed appreciation in the value of farmland so far this season has.”

Nut Mountain, SK (April 2)
The Ritchie Bros. unreserved auction in Nut Mountain on April 2 featured more than 360 equipment items, which attracted more than 1,100 bidders from 15 countries, including five Canadian provinces and 18 U.S. states. More than 500 people (47 percent) at the auction bid online, purchasing 25 percent of total equipment items sold. Some of the equipment highlights from the auction included a 2006 Peterbilt 379L T/A truck tractor, which sold for CA$92,000.

Equipment consignor Ted Cawkwell says he chose Ritchie Bros. to conduct the sale of his family’s multi-generational farm in Nut Mountain after interviewing a few other local auction companies. “I chose Ritchie Bros. because it is the largest farm auction company in the world with a broad range of customers they can reach globally in addition to locally,” said Mr. Cawkwell. “The ability for customers to bid online definitely helped get a higher return on our farm machinery than we anticipated—many items even left the province. I wasn’t surprised by the size of the bidding crowd. I had complete confidence that Ritchie Bros. could deliver, and they did.”

Lacombe, AB (April 4)
At an unreserved auction in Lacombe, Alberta on April 4, Ritchie Bros. attracted more than 740 bidders with more than 50 percent of people bidding online. A highlight of the auction was the sale of 10 parcels of land for a combined value of CA$4.9 million. Other real estate items sold in the Lacombe auction included:

* Four acres of residential property with a 3,800 square foot home
* 155± home quarter title acres with a 1,100± sq. foot house
* 154± home quarter title acres with a 1,000± sq. foot house
* 1426± title acres with $23,800± surface lease revenue

Wroxton, SK (April 5)
An unreserved on-the-farm auction in Wroxton, Saskatchewan on April 5 drew a bidding crowd of 750+ people, of which 400 individuals bid online. The auction featured 38 parcels of farmland for a combined 5,808 title acres and more than 150 agricultural equipment items. Altogether, the 38 parcels of farmland sold for CA$3.1 million. Other auction highlights included the sale of two late model FWD John Deere agricultural tractors—one which sold for CA$197,500 to an online buyer from Alberta and another that sold for CA$175,000 to a Saskatchewan buyer.

Ritchie Bros. currently has more than 20 upcoming agricultural auctions scheduled, including a large on-the-farm auction for KFC Farms in Cache Creek, B.C. on May 28. For a complete list of Ritchie Bros. auctions visit the Company’s web site at www.rbauction.com.

About Ritchie Bros.
Established in 1958, Ritchie Bros. Auctioneers (NYSE: RBA) and (NYSE:RBA) is the world’s largest industrial auctioneer, selling more equipment to on-site and online bidders than any other company in the world. Ritchie Bros. offers services that enable the world’s builders to easily and confidently exchange equipment. The Company conducts hundreds of unreserved public auctions each year, selling a broad range of used and unused equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. Ritchie Bros. has over 110 locations in more than 25 countries, including 43 auction sites worldwide. The Company maintains a web site at www.rbauction.com and sponsors an equipment wiki at www.RitchieWiki.com

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Ritchie Bros. Auctioneers (NYSE: RBA) and (NYSE:RBA) experiences strong pricing and increased bidder registrations– Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 26, 2011) Clearlease.com Reports Ritchie Bros. Auctioneers (NYSE: RBA) and (NYSE:RBA), the world’s largest industrial auctioneer, has experienced strong pricing and increased bidder registrations at its Western Canadian agricultural auctions so far in 2011. From March 1 to April 23, 2011, the Company conducted 48 agricultural auctions in Western Canada. During the period of April 2 – 9, 2011, the Company held 12 agricultural auctions, including multi-million dollar unreserved auctions in Nut Mountain, Saskatchewan (April 2); Lacombe, Alberta (April 4); Wroxton, Saskatchewan (April 5); and Saskatoon, Saskatchewan (April 7), generating aggregate gross auction proceeds of more than CA$40 million—a significantly above trend amount for this business period. The Ritchie Bros. April 7 agricultural auction at its permanent facility in Saskatoon registered 3,400 customers to compete on more than CA$18 million worth of machinery.

Ritchie Bros. holds strictly unreserved auctions, with every item selling to the highest bidder regardless of price. Bids are made in person (on-site or on-the-farm), online in real time through the Company’s 21-language web site www.rbauction.com, or by proxy—also referred to as an absentee bid—for people who aren’t able to bid in person or online on auction day.

“During the first week of April, our Western Canadian on-the-farm auctions posted our strongest ever results for number of bidders and online sales, with interest coming from local and out-of-region farmers and investors,” said Jordan Clarke, Area Manager, Ritchie Bros. Auctioneers. “In particular, due to the wet start to this year’s agricultural season in Western Canada, we have witnessed increased demand for in-season agricultural equipment such as large, high horsepower 4WD and belted agricultural tractors and air drills.”

Added Mr. Clarke: “Above average commodity and livestock prices have also affected the pricing of farm equipment and prime farmland in the region. A farmer’s spending tends to be more aggressive if they see a better return on their crops, and if they see an opportunity to make money down the road they’re willing to invest in equipment and land. As a result, we have witnessed appreciation in the value of farmland so far this season has.”

Nut Mountain, SK (April 2)
The Ritchie Bros. unreserved auction in Nut Mountain on April 2 featured more than 360 equipment items, which attracted more than 1,100 bidders from 15 countries, including five Canadian provinces and 18 U.S. states. More than 500 people (47 percent) at the auction bid online, purchasing 25 percent of total equipment items sold. Some of the equipment highlights from the auction included a 2006 Peterbilt 379L T/A truck tractor, which sold for CA$92,000.

Equipment consignor Ted Cawkwell says he chose Ritchie Bros. to conduct the sale of his family’s multi-generational farm in Nut Mountain after interviewing a few other local auction companies. “I chose Ritchie Bros. because it is the largest farm auction company in the world with a broad range of customers they can reach globally in addition to locally,” said Mr. Cawkwell. “The ability for customers to bid online definitely helped get a higher return on our farm machinery than we anticipated—many items even left the province. I wasn’t surprised by the size of the bidding crowd. I had complete confidence that Ritchie Bros. could deliver, and they did.”

Lacombe, AB (April 4)
At an unreserved auction in Lacombe, Alberta on April 4, Ritchie Bros. attracted more than 740 bidders with more than 50 percent of people bidding online. A highlight of the auction was the sale of 10 parcels of land for a combined value of CA$4.9 million. Other real estate items sold in the Lacombe auction included:

* Four acres of residential property with a 3,800 square foot home
* 155± home quarter title acres with a 1,100± sq. foot house
* 154± home quarter title acres with a 1,000± sq. foot house
* 1426± title acres with $23,800± surface lease revenue

Wroxton, SK (April 5)
An unreserved on-the-farm auction in Wroxton, Saskatchewan on April 5 drew a bidding crowd of 750+ people, of which 400 individuals bid online. The auction featured 38 parcels of farmland for a combined 5,808 title acres and more than 150 agricultural equipment items. Altogether, the 38 parcels of farmland sold for CA$3.1 million. Other auction highlights included the sale of two late model FWD John Deere agricultural tractors—one which sold for CA$197,500 to an online buyer from Alberta and another that sold for CA$175,000 to a Saskatchewan buyer.

Ritchie Bros. currently has more than 20 upcoming agricultural auctions scheduled, including a large on-the-farm auction for KFC Farms in Cache Creek, B.C. on May 28. For a complete list of Ritchie Bros. auctions visit the Company’s web site at www.rbauction.com.

About Ritchie Bros.
Established in 1958, Ritchie Bros. Auctioneers (NYSE: RBA) and (NYSE:RBA) is the world’s largest industrial auctioneer, selling more equipment to on-site and online bidders than any other company in the world. Ritchie Bros. offers services that enable the world’s builders to easily and confidently exchange equipment. The Company conducts hundreds of unreserved public auctions each year, selling a broad range of used and unused equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. Ritchie Bros. has over 110 locations in more than 25 countries, including 43 auction sites worldwide. The Company maintains a web site at www.rbauction.com and sponsors an equipment wiki at www.RitchieWiki.com

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Soaring food prices a threat across Asia – Dominion Lending Centres Clearlease

Soaring food prices a threat across Asia – Dominion Lending Centres Clearlease

Soaring food prices a threat across Asia – Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 26, 2011) Clearlease.com Reports Soaring global food prices threaten to push tens of millions of Asians into extreme poverty and cut the region’s economic growth this year, the Asian Development Bank warned in a report on Tuesday.

Coupled with skyrocketing oil prices, the spike poses a serious setback for developing Asia after having rebounded rapidly and strongly from the 2008 global economic crisis, said chief ADB economist Rhee Changyong.

“Left unchecked, the food crisis will badly undermine recent gains in poverty reduction made in Asia,” Rhee said in a statement.

Domestic food inflation in developing Asian nations hit 10 percent at the start of this year, with double-digit rises in the price of wheat, corn, sugar, edible oils, dairy products and meat, the Manila-based institution said.

If this rate continues, as is likely, 64 million people in developing Asia could be pushed into extreme poverty and economic growth could be reduced by up to 1.5 percentage points this year, the bank warned.

Vietnam has been one of the hardest hit nations in terms of rice inflation, despite being a major exporter, according to the ADB.

It has has seen domestic rice retail prices shoot up 36.7 percent since June last year, while Indonesia and Sri Lanka have endured increases of least 21 percent.

China recorded rice price rises of 12.6 percent, near the average for developing Asia.

Wheat price increases were most severe in Kyrgyzstan, with a jump of 67 percent since June last year, and Bangladesh, 50 percent, according to the ADB. Wheat prices spiked by about a third in Sri Lanka, Mongolia and Tajikistan.

The surge in food prices is due to lost farm production globally that began in the second half of last year with extreme weather and natural disasters in Asian farming belts, as well as in the United States and Europe, it said.

The report warned factors at play during the 2007-2008 food crisis were also present now.

These include rising demand for food from big, wealthier developing countries, competing uses for food grains, shrinking available agricultural land and flat or declining crop yields.

The report warned rice prices would likely keep rising after floods, typhoons and other disasters in Asia late last year cut yields, prompting consumers to seek cheaper but less nutritious substitutes.

The ADB said governments across the region had already moved to soften the impacts of food inflation, such as by cutting taxes on food, setting price controls and introducing subsidies.

But Rhee said more needed to be done, and urged governments to avoid the temptation of curbing their own food exports — as China and some countries already have done — as this would only exacerbate the problem.

“To avert this looming crisis it is important for countries to refrain from imposing export bans on food items, while strengthening social safety nets,” Rhee said.

“Efforts to stabilise food production should take centre stage, with greater investments in agricultural infrastructure to increase crop production and expand storage facilities, to better ensure grain produce is not wasted.”

On a positive note, the bank said there was ample room to improve rice and wheat yields, with the world’s top 10 rice producers averaging just 4.074 tonnes per hectare (2.47 acres) compared with top performing Egypt’s 9.883 tonnes.

However, it would take time for yields to rise even with large investments in research and development, it added.

Cereal inventories globally will shrink further unless production rises at least 2.0 percent this year, the report said.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Soaring food prices a threat across Asia – Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 26, 2011) Clearlease.com Reports Soaring global food prices threaten to push tens of millions of Asians into extreme poverty and cut the region’s economic growth this year, the Asian Development Bank warned in a report on Tuesday.

Coupled with skyrocketing oil prices, the spike poses a serious setback for developing Asia after having rebounded rapidly and strongly from the 2008 global economic crisis, said chief ADB economist Rhee Changyong.

“Left unchecked, the food crisis will badly undermine recent gains in poverty reduction made in Asia,” Rhee said in a statement.

Domestic food inflation in developing Asian nations hit 10 percent at the start of this year, with double-digit rises in the price of wheat, corn, sugar, edible oils, dairy products and meat, the Manila-based institution said.

If this rate continues, as is likely, 64 million people in developing Asia could be pushed into extreme poverty and economic growth could be reduced by up to 1.5 percentage points this year, the bank warned.

Vietnam has been one of the hardest hit nations in terms of rice inflation, despite being a major exporter, according to the ADB.

It has has seen domestic rice retail prices shoot up 36.7 percent since June last year, while Indonesia and Sri Lanka have endured increases of least 21 percent.

China recorded rice price rises of 12.6 percent, near the average for developing Asia.

Wheat price increases were most severe in Kyrgyzstan, with a jump of 67 percent since June last year, and Bangladesh, 50 percent, according to the ADB. Wheat prices spiked by about a third in Sri Lanka, Mongolia and Tajikistan.

The surge in food prices is due to lost farm production globally that began in the second half of last year with extreme weather and natural disasters in Asian farming belts, as well as in the United States and Europe, it said.

The report warned factors at play during the 2007-2008 food crisis were also present now.

These include rising demand for food from big, wealthier developing countries, competing uses for food grains, shrinking available agricultural land and flat or declining crop yields.

The report warned rice prices would likely keep rising after floods, typhoons and other disasters in Asia late last year cut yields, prompting consumers to seek cheaper but less nutritious substitutes.

The ADB said governments across the region had already moved to soften the impacts of food inflation, such as by cutting taxes on food, setting price controls and introducing subsidies.

But Rhee said more needed to be done, and urged governments to avoid the temptation of curbing their own food exports — as China and some countries already have done — as this would only exacerbate the problem.

“To avert this looming crisis it is important for countries to refrain from imposing export bans on food items, while strengthening social safety nets,” Rhee said.

“Efforts to stabilise food production should take centre stage, with greater investments in agricultural infrastructure to increase crop production and expand storage facilities, to better ensure grain produce is not wasted.”

On a positive note, the bank said there was ample room to improve rice and wheat yields, with the world’s top 10 rice producers averaging just 4.074 tonnes per hectare (2.47 acres) compared with top performing Egypt’s 9.883 tonnes.

However, it would take time for yields to rise even with large investments in research and development, it added.

Cereal inventories globally will shrink further unless production rises at least 2.0 percent this year, the report said.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Soaring food prices a threat across Asia – Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 26, 2011) Clearlease.com Reports Soaring global food prices threaten to push tens of millions of Asians into extreme poverty and cut the region’s economic growth this year, the Asian Development Bank warned in a report on Tuesday.

Coupled with skyrocketing oil prices, the spike poses a serious setback for developing Asia after having rebounded rapidly and strongly from the 2008 global economic crisis, said chief ADB economist Rhee Changyong.

“Left unchecked, the food crisis will badly undermine recent gains in poverty reduction made in Asia,” Rhee said in a statement.

Domestic food inflation in developing Asian nations hit 10 percent at the start of this year, with double-digit rises in the price of wheat, corn, sugar, edible oils, dairy products and meat, the Manila-based institution said.

If this rate continues, as is likely, 64 million people in developing Asia could be pushed into extreme poverty and economic growth could be reduced by up to 1.5 percentage points this year, the bank warned.

Vietnam has been one of the hardest hit nations in terms of rice inflation, despite being a major exporter, according to the ADB.

It has has seen domestic rice retail prices shoot up 36.7 percent since June last year, while Indonesia and Sri Lanka have endured increases of least 21 percent.

China recorded rice price rises of 12.6 percent, near the average for developing Asia.

Wheat price increases were most severe in Kyrgyzstan, with a jump of 67 percent since June last year, and Bangladesh, 50 percent, according to the ADB. Wheat prices spiked by about a third in Sri Lanka, Mongolia and Tajikistan.

The surge in food prices is due to lost farm production globally that began in the second half of last year with extreme weather and natural disasters in Asian farming belts, as well as in the United States and Europe, it said.

The report warned factors at play during the 2007-2008 food crisis were also present now.

These include rising demand for food from big, wealthier developing countries, competing uses for food grains, shrinking available agricultural land and flat or declining crop yields.

The report warned rice prices would likely keep rising after floods, typhoons and other disasters in Asia late last year cut yields, prompting consumers to seek cheaper but less nutritious substitutes.

The ADB said governments across the region had already moved to soften the impacts of food inflation, such as by cutting taxes on food, setting price controls and introducing subsidies.

But Rhee said more needed to be done, and urged governments to avoid the temptation of curbing their own food exports — as China and some countries already have done — as this would only exacerbate the problem.

“To avert this looming crisis it is important for countries to refrain from imposing export bans on food items, while strengthening social safety nets,” Rhee said.

“Efforts to stabilise food production should take centre stage, with greater investments in agricultural infrastructure to increase crop production and expand storage facilities, to better ensure grain produce is not wasted.”

On a positive note, the bank said there was ample room to improve rice and wheat yields, with the world’s top 10 rice producers averaging just 4.074 tonnes per hectare (2.47 acres) compared with top performing Egypt’s 9.883 tonnes.

However, it would take time for yields to rise even with large investments in research and development, it added.

Cereal inventories globally will shrink further unless production rises at least 2.0 percent this year, the report said.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Concerns about jobs, inflation ease in April as consumer confidence rises more than expected – Dominion Lending Centres Clearlease

Concerns about jobs, inflation ease in April as consumer confidence rises more than expected – Dominion Lending Centres Clearlease

Concerns about jobs, inflation ease in April as consumer confidence rises more than expected – Dominion Lending Centres Clearlease

NEW YORK, N.Y. – (April 26, 2011) Clearlease.com Reports Americans’ concerns about jobs and inflation eased somewhat in April, pushing the consumer confidence index higher.

The increase comes after an unexpected drop in March. But the measure had risen for five consecutive months before that and hit a three-year high in February.

“Consumer’s short-term outlook improved slightly, suggesting that the uncertainty expressed last month is easing,” said Lynn Franco, director of The Conference Board Consumer Research Center, in a statement. “Inflation expectations, which had spiked, retreated somewhat in April.”

The Conference Board said Tuesday the index rose to 65.4 from a revised 63.8 in March. Economists expected a smaller rise to 64.8, according to FactSet.

The index is still far from the reading of 90 that indicates a healthy economy. It hasn’t approached that level since the recession began in December 2007.

Economists monitor confidence because consumer spending, including big-ticket items such as housing and health care, accounts for about 70 per cent of U.S. economic activity and is critical for a strong rebound.

The Conference Board survey, which is conducted by The Nielsen Co. and based on a random survey mailed to 3,000 households, showed that the proportion of consumers expecting an increase in their income improved to 16.7 per cent from 15.2 per cent.

Consumers’ assessment of the labour market improved modestly as well. Those saying jobs are “hard to get” fell to 41.8 per cent from 44.4 per cent, and those saying jobs are “plentiful” rose to 5.2 per cent from 4.6 per cent.

Chris Christopher, an economist with IHS Global Insight, says the data backs up that improvement. He said last month’s shaken consumer confidence could have had more to do with unrest in Libya and Japan’s earthquake and tsunami rather than fundamental worry over the economy

“People lowered their expectations, and now they’re bouncing back a little bit,” he said. “Their evaluation of the current situation is stronger and that jibes with employment numbers we are seeing.”

Companies added more than 200,000 jobs in March for the second straight month, according to the government’s jobs report released this month, the first time that has happened since 2006. The unemployment rate fell to a two-year low of 8.8 per cent and has dropped a full percentage point since November.

Still, Americans are facing high costs for gas and food, and although expectations about inflation fell during the month, they are still above what they were in October, before gas prices started to rise. The national average gas price is at about $3.87 per gallon and prices have increased for 35 straight days.

Overall, shoppers’ outlook over the next six months improved slightly. The part of the index measuring those expectations rose to 82.6 from 81.3 last month. The other gauge, which measures how consumers feel now about the economy, improved to 39.6 from 37.5 in February. It was the seventh straight month that measure improved.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Concerns about jobs, inflation ease in April as consumer confidence rises more than expected – Dominion Lending Centres Clearlease

NEW YORK, N.Y. – (April 26, 2011) Clearlease.com Reports Americans’ concerns about jobs and inflation eased somewhat in April, pushing the consumer confidence index higher.

The increase comes after an unexpected drop in March. But the measure had risen for five consecutive months before that and hit a three-year high in February.

“Consumer’s short-term outlook improved slightly, suggesting that the uncertainty expressed last month is easing,” said Lynn Franco, director of The Conference Board Consumer Research Center, in a statement. “Inflation expectations, which had spiked, retreated somewhat in April.”

The Conference Board said Tuesday the index rose to 65.4 from a revised 63.8 in March. Economists expected a smaller rise to 64.8, according to FactSet.

The index is still far from the reading of 90 that indicates a healthy economy. It hasn’t approached that level since the recession began in December 2007.

Economists monitor confidence because consumer spending, including big-ticket items such as housing and health care, accounts for about 70 per cent of U.S. economic activity and is critical for a strong rebound.

The Conference Board survey, which is conducted by The Nielsen Co. and based on a random survey mailed to 3,000 households, showed that the proportion of consumers expecting an increase in their income improved to 16.7 per cent from 15.2 per cent.

Consumers’ assessment of the labour market improved modestly as well. Those saying jobs are “hard to get” fell to 41.8 per cent from 44.4 per cent, and those saying jobs are “plentiful” rose to 5.2 per cent from 4.6 per cent.

Chris Christopher, an economist with IHS Global Insight, says the data backs up that improvement. He said last month’s shaken consumer confidence could have had more to do with unrest in Libya and Japan’s earthquake and tsunami rather than fundamental worry over the economy

“People lowered their expectations, and now they’re bouncing back a little bit,” he said. “Their evaluation of the current situation is stronger and that jibes with employment numbers we are seeing.”

Companies added more than 200,000 jobs in March for the second straight month, according to the government’s jobs report released this month, the first time that has happened since 2006. The unemployment rate fell to a two-year low of 8.8 per cent and has dropped a full percentage point since November.

Still, Americans are facing high costs for gas and food, and although expectations about inflation fell during the month, they are still above what they were in October, before gas prices started to rise. The national average gas price is at about $3.87 per gallon and prices have increased for 35 straight days.

Overall, shoppers’ outlook over the next six months improved slightly. The part of the index measuring those expectations rose to 82.6 from 81.3 last month. The other gauge, which measures how consumers feel now about the economy, improved to 39.6 from 37.5 in February. It was the seventh straight month that measure improved.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Concerns about jobs, inflation ease in April as consumer confidence rises more than expected – Dominion Lending Centres Clearlease

NEW YORK, N.Y. – (April 26, 2011) Clearlease.com Reports Americans’ concerns about jobs and inflation eased somewhat in April, pushing the consumer confidence index higher.

The increase comes after an unexpected drop in March. But the measure had risen for five consecutive months before that and hit a three-year high in February.

“Consumer’s short-term outlook improved slightly, suggesting that the uncertainty expressed last month is easing,” said Lynn Franco, director of The Conference Board Consumer Research Center, in a statement. “Inflation expectations, which had spiked, retreated somewhat in April.”

The Conference Board said Tuesday the index rose to 65.4 from a revised 63.8 in March. Economists expected a smaller rise to 64.8, according to FactSet.

The index is still far from the reading of 90 that indicates a healthy economy. It hasn’t approached that level since the recession began in December 2007.

Economists monitor confidence because consumer spending, including big-ticket items such as housing and health care, accounts for about 70 per cent of U.S. economic activity and is critical for a strong rebound.

The Conference Board survey, which is conducted by The Nielsen Co. and based on a random survey mailed to 3,000 households, showed that the proportion of consumers expecting an increase in their income improved to 16.7 per cent from 15.2 per cent.

Consumers’ assessment of the labour market improved modestly as well. Those saying jobs are “hard to get” fell to 41.8 per cent from 44.4 per cent, and those saying jobs are “plentiful” rose to 5.2 per cent from 4.6 per cent.

Chris Christopher, an economist with IHS Global Insight, says the data backs up that improvement. He said last month’s shaken consumer confidence could have had more to do with unrest in Libya and Japan’s earthquake and tsunami rather than fundamental worry over the economy

“People lowered their expectations, and now they’re bouncing back a little bit,” he said. “Their evaluation of the current situation is stronger and that jibes with employment numbers we are seeing.”

Companies added more than 200,000 jobs in March for the second straight month, according to the government’s jobs report released this month, the first time that has happened since 2006. The unemployment rate fell to a two-year low of 8.8 per cent and has dropped a full percentage point since November.

Still, Americans are facing high costs for gas and food, and although expectations about inflation fell during the month, they are still above what they were in October, before gas prices started to rise. The national average gas price is at about $3.87 per gallon and prices have increased for 35 straight days.

Overall, shoppers’ outlook over the next six months improved slightly. The part of the index measuring those expectations rose to 82.6 from 81.3 last month. The other gauge, which measures how consumers feel now about the economy, improved to 39.6 from 37.5 in February. It was the seventh straight month that measure improved.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Canadian visitors top Visa card purchases in U.S – Dominion Lending Centres Clearlease

Canadian visitors top Visa card purchases in U.S – Dominion Lending Centres Clearlease

Canadian visitors top Visa card purchases in U.S – Dominion Lending Centres Clearlease

TORONTO – (April 26, 2011) Clearlease.com Reports Canadians were last year’s top foreign users of Visa credit cards in the United States at $9 billion US, a healthy increase over the previous year, the company said Monday.

The survey by Visa shows that Canadian holders of the card increased spending in the U.S. by 18 per cent to $9.2 billion in 2010, up from $7.8 billion in 2009.

This is the third consecutive year that Canadian Visa holders have topped the chart.

“Canadian tourists continue to have a positive impact on the U.S. tourism economy. The strong willingness and desire of Canadians to travel across the southern border reinforces the importance of the North American tourism industry to the region’s continued economic growth,” William Sheedy, a group president for Visa Inc., said in a release.

Spending in the U.S. by United Kingdom visitors rose 11 per cent to $2.5 billion, and people from Mexico increased their buying by 18 per cent to $2 billion. Consumers from Japan increased spending six per cent to $1.8 billion, and Chinese card holders’ purchases soared 64 per cent to $1.1 billion.

The spike in Canadian tourists flocking across the border comes as the Canadian dollar flirts with multi-year highs. The loonie was at 104.67 cents to the U.S. dollar Monday, after touching a 3½-year high of 105.29 cents last week, its highest level since November 2007.

The high Canadian dollar versus the greenback gives Canadians more buying clout and prompts them to flock across the border to buy everything from gasoline and groceries, to electronics and running shoes.

Over the holiday long weekend, customs officials reported long lineups at border crossings in Southern Ontario as Canadians took advantage of the attractive exchange rates.

The Visa report showed Canadians made $1.7 billion worth of transactions at bank machines, money transfers and other financial institutions, a rise of nine per cent from 2009, while spending the same amount at jewelry stores, bookstores and other specialty retail stores. This accounted for a 24 per cent hike year-over-year.

Card holders also spent $1.6 billion in lodging, up 16 per cent from the previous year, $343 million in grocery stores and $407 million on oil.

Visa’s report comes on the heels of a Bank of Montreal study earlier this month that showed fashionable U.S. goods, such as mobile devices and books, are on average more than 20 per cent more expensive in Canada than in the U.S. despite the price gap of the Canadian currency, which has gained 30 per cent in value compared with the U.S. greenback since 2009.

Some analysts see the loonie climbing higher to near the $1.09 level by the end of next year as it continues its “slow, steady” appreciation.

Camilla Sutton, a currency strategist at Scotia Capital, said in a report earlier this month that she sees the loonie topping out at $1.05 by the end of this year and $1.09 by the end of 2012 helped by a soft U.S. dollar and strong oil prices.

The loonie has benefited from a weak U.S. dollar amid worries over the stability of the economy and red-hot commodity prices.

Last week, Standard & Poor’s Ratings Service lowered its long-term outlook for the United States’ sovereign debt to “negative” from “stable” due to risks from the country’s growing deficit and lawmakers’ failure on how to deal with it.

It cited a “material risk” that politicians would fail to agree on how to cut the budget deficit over the medium term, saying the U.S. has “very large budget deficits and rising government indebtedness and the path to addressing these is not clear to us.”

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Canadian visitors top Visa card purchases in U.S – Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 26, 2011) Clearlease.com Reports Canadians were last year’s top foreign users of Visa credit cards in the United States at $9 billion US, a healthy increase over the previous year, the company said Monday.

The survey by Visa shows that Canadian holders of the card increased spending in the U.S. by 18 per cent to $9.2 billion in 2010, up from $7.8 billion in 2009.

This is the third consecutive year that Canadian Visa holders have topped the chart.

“Canadian tourists continue to have a positive impact on the U.S. tourism economy. The strong willingness and desire of Canadians to travel across the southern border reinforces the importance of the North American tourism industry to the region’s continued economic growth,” William Sheedy, a group president for Visa Inc., said in a release.

Spending in the U.S. by United Kingdom visitors rose 11 per cent to $2.5 billion, and people from Mexico increased their buying by 18 per cent to $2 billion. Consumers from Japan increased spending six per cent to $1.8 billion, and Chinese card holders’ purchases soared 64 per cent to $1.1 billion.

The spike in Canadian tourists flocking across the border comes as the Canadian dollar flirts with multi-year highs. The loonie was at 104.67 cents to the U.S. dollar Monday, after touching a 3½-year high of 105.29 cents last week, its highest level since November 2007.

The high Canadian dollar versus the greenback gives Canadians more buying clout and prompts them to flock across the border to buy everything from gasoline and groceries, to electronics and running shoes.

Over the holiday long weekend, customs officials reported long lineups at border crossings in Southern Ontario as Canadians took advantage of the attractive exchange rates.

The Visa report showed Canadians made $1.7 billion worth of transactions at bank machines, money transfers and other financial institutions, a rise of nine per cent from 2009, while spending the same amount at jewelry stores, bookstores and other specialty retail stores. This accounted for a 24 per cent hike year-over-year.

Card holders also spent $1.6 billion in lodging, up 16 per cent from the previous year, $343 million in grocery stores and $407 million on oil.

Visa’s report comes on the heels of a Bank of Montreal study earlier this month that showed fashionable U.S. goods, such as mobile devices and books, are on average more than 20 per cent more expensive in Canada than in the U.S. despite the price gap of the Canadian currency, which has gained 30 per cent in value compared with the U.S. greenback since 2009.

Some analysts see the loonie climbing higher to near the $1.09 level by the end of next year as it continues its “slow, steady” appreciation.

Camilla Sutton, a currency strategist at Scotia Capital, said in a report earlier this month that she sees the loonie topping out at $1.05 by the end of this year and $1.09 by the end of 2012 helped by a soft U.S. dollar and strong oil prices.

The loonie has benefited from a weak U.S. dollar amid worries over the stability of the economy and red-hot commodity prices.

Last week, Standard & Poor’s Ratings Service lowered its long-term outlook for the United States’ sovereign debt to “negative” from “stable” due to risks from the country’s growing deficit and lawmakers’ failure on how to deal with it.

It cited a “material risk” that politicians would fail to agree on how to cut the budget deficit over the medium term, saying the U.S. has “very large budget deficits and rising government indebtedness and the path to addressing these is not clear to us.”

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Canadian visitors top Visa card purchases in U.S – Dominion Lending Centres Clearlease

TORONTO – (April 26, 2011) Clearlease.com Reports Canadians were last year’s top foreign users of Visa credit cards in the United States at $9 billion US, a healthy increase over the previous year, the company said Monday.

The survey by Visa shows that Canadian holders of the card increased spending in the U.S. by 18 per cent to $9.2 billion in 2010, up from $7.8 billion in 2009.

This is the third consecutive year that Canadian Visa holders have topped the chart.

“Canadian tourists continue to have a positive impact on the U.S. tourism economy. The strong willingness and desire of Canadians to travel across the southern border reinforces the importance of the North American tourism industry to the region’s continued economic growth,” William Sheedy, a group president for Visa Inc., said in a release.

Spending in the U.S. by United Kingdom visitors rose 11 per cent to $2.5 billion, and people from Mexico increased their buying by 18 per cent to $2 billion. Consumers from Japan increased spending six per cent to $1.8 billion, and Chinese card holders’ purchases soared 64 per cent to $1.1 billion.

The spike in Canadian tourists flocking across the border comes as the Canadian dollar flirts with multi-year highs. The loonie was at 104.67 cents to the U.S. dollar Monday, after touching a 3½-year high of 105.29 cents last week, its highest level since November 2007.

The high Canadian dollar versus the greenback gives Canadians more buying clout and prompts them to flock across the border to buy everything from gasoline and groceries, to electronics and running shoes.

Over the holiday long weekend, customs officials reported long lineups at border crossings in Southern Ontario as Canadians took advantage of the attractive exchange rates.

The Visa report showed Canadians made $1.7 billion worth of transactions at bank machines, money transfers and other financial institutions, a rise of nine per cent from 2009, while spending the same amount at jewelry stores, bookstores and other specialty retail stores. This accounted for a 24 per cent hike year-over-year.

Card holders also spent $1.6 billion in lodging, up 16 per cent from the previous year, $343 million in grocery stores and $407 million on oil.

Visa’s report comes on the heels of a Bank of Montreal study earlier this month that showed fashionable U.S. goods, such as mobile devices and books, are on average more than 20 per cent more expensive in Canada than in the U.S. despite the price gap of the Canadian currency, which has gained 30 per cent in value compared with the U.S. greenback since 2009.

Some analysts see the loonie climbing higher to near the $1.09 level by the end of next year as it continues its “slow, steady” appreciation.

Camilla Sutton, a currency strategist at Scotia Capital, said in a report earlier this month that she sees the loonie topping out at $1.05 by the end of this year and $1.09 by the end of 2012 helped by a soft U.S. dollar and strong oil prices.

The loonie has benefited from a weak U.S. dollar amid worries over the stability of the economy and red-hot commodity prices.

Last week, Standard & Poor’s Ratings Service lowered its long-term outlook for the United States’ sovereign debt to “negative” from “stable” due to risks from the country’s growing deficit and lawmakers’ failure on how to deal with it.

It cited a “material risk” that politicians would fail to agree on how to cut the budget deficit over the medium term, saying the U.S. has “very large budget deficits and rising government indebtedness and the path to addressing these is not clear to us.”

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###