Stocks showed a notable move to the downside at the start of trading on Thursday. The major averages all moved firmly into negative territory after ending Wednesday's trading flat to modestly higher. - Dominion Lending Centres Clearlease Reports

Stocks showed a notable move to the downside at the start of trading on Thursday. The major averages all moved firmly into negative territory after ending Wednesday’s trading flat to modestly higher. – Dominion Lending Centres Clearlease Reports

Stocks showed a notable move to the downside at the start of trading on Thursday. The major averages all moved firmly into negative territory after ending Wednesday’s trading flat to modestly higher. – Dominion Lending Centres Clearlease Reports

TORONTO – (April 14, 2011) Dominion Lending Centres Clearlease Reports After seeing considerable volatility over the course of the previous session, stocks showed a notable move to the downside at the start of trading on Thursday. The major averages all moved firmly into negative territory after ending Wednesday’s trading flat to modestly higher.

The initial weakness on Wall Street was largely due to renewed concerns about the outlook for the labor market following the release of a report from the Labor Department showing an unexpected increase in initial jobless claims in the week ended April 9th.

The report showed that initial jobless claims rose by 27,000 to 412,000 from the previous week’s revised figure of 385,000. The increase surprised economists, who had expected jobless claims to edge down to 380,000 from the 382,000 originally reported for the previous week.

Peter Boockvar, equity strategist at Miller Tabak, said, “Bottom line, while the labor market is improving, the pace remains lumpy and sustainable traction remains difficult to achieve.”

Meanwhile, a separate Labor Department report showed that U.S. producer prices increased by less than expected in March, as a drop in food prices partly offset another notable increase in energy prices.

The Labor Department said its producer price index rose by 0.7 percent in March following a 1.6 percent increase in February. Economists had been expecting a somewhat more substantial increase in producer prices of about 1.0 percent.

Excluding food and energy prices, core producer prices increased by 0.3 percent in March after edging up by 0.2 percent in the previous month. The increase in core prices was slightly bigger than the 0.2 percent increase that was expected by economists.

“While inflation pressures are clearly evident in today’s figure, the market will more focus on tomorrow’s consumer price report to see what’s been passed through,” Boockvar said.

A vast majority of the major sectors have moved to the downside in early trading, although most are showing only modest downward moves. Nonetheless, notable weakness has emerged among railroad, banking, and software stocks.

Among individual stocks, toy maker Hasbro (HAS) is trading lower after the company reported first quarter earnings that fell more than anticipated on revenues that were nearly flat year-over-year.

Hasbro reported first quarter earnings of $0.12 per share on revenues of $672.0 million compared to earnings of $0.40 per share on revenues of $672.4 million in the year-ago period. Analysts had expected the company to earn $0.17 per share on revenues of $660.4 million.

The major averages have not seen much follow-through on their initial downward moves but remain stuck in the red. The Dow is down 57.03 points or 0.5 percent at 12,213.96, the Nasdaq is down 20.81 points or 0.8 percent at 2,740.71 and the S&P 500 is down 7.52 points or 0.6 percent at 1,306.89.

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

###Stocks showed a notable move to the downside at the start of trading on Thursday. The major averages all moved firmly into negative territory after ending Wednesday's trading flat to modestly higher. - Dominion Lending Centres Clearlease Reports

NEW YORK, NY – (April 14, 2011) Dominion Lending Centres Clearlease Reports After seeing considerable volatility over the course of the previous session, stocks showed a notable move to the downside at the start of trading on Thursday. The major averages all moved firmly into negative territory after ending Wednesday’s trading flat to modestly higher.

The initial weakness on Wall Street was largely due to renewed concerns about the outlook for the labor market following the release of a report from the Labor Department showing an unexpected increase in initial jobless claims in the week ended April 9th.

The report showed that initial jobless claims rose by 27,000 to 412,000 from the previous week’s revised figure of 385,000. The increase surprised economists, who had expected jobless claims to edge down to 380,000 from the 382,000 originally reported for the previous week.

Peter Boockvar, equity strategist at Miller Tabak, said, “Bottom line, while the labor market is improving, the pace remains lumpy and sustainable traction remains difficult to achieve.”

Meanwhile, a separate Labor Department report showed that U.S. producer prices increased by less than expected in March, as a drop in food prices partly offset another notable increase in energy prices.

The Labor Department said its producer price index rose by 0.7 percent in March following a 1.6 percent increase in February. Economists had been expecting a somewhat more substantial increase in producer prices of about 1.0 percent.

Excluding food and energy prices, core producer prices increased by 0.3 percent in March after edging up by 0.2 percent in the previous month. The increase in core prices was slightly bigger than the 0.2 percent increase that was expected by economists.

“While inflation pressures are clearly evident in today’s figure, the market will more focus on tomorrow’s consumer price report to see what’s been passed through,” Boockvar said.

A vast majority of the major sectors have moved to the downside in early trading, although most are showing only modest downward moves. Nonetheless, notable weakness has emerged among railroad, banking, and software stocks.

Among individual stocks, toy maker Hasbro (HAS) is trading lower after the company reported first quarter earnings that fell more than anticipated on revenues that were nearly flat year-over-year.

Hasbro reported first quarter earnings of $0.12 per share on revenues of $672.0 million compared to earnings of $0.40 per share on revenues of $672.4 million in the year-ago period. Analysts had expected the company to earn $0.17 per share on revenues of $660.4 million.

The major averages have not seen much follow-through on their initial downward moves but remain stuck in the red. The Dow is down 57.03 points or 0.5 percent at 12,213.96, the Nasdaq is down 20.81 points or 0.8 percent at 2,740.71 and the S&P 500 is down 7.52 points or 0.6 percent at 1,306.89.

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

###Stocks showed a notable move to the downside at the start of trading on Thursday. The major averages all moved firmly into negative territory after ending Wednesday’s trading flat to modestly higher. – Dominion Lending Centres Clearlease Reports

TORONTO – (April 14, 2011) Dominion Lending Centres Clearlease Reports After seeing considerable volatility over the course of the previous session, stocks showed a notable move to the downside at the start of trading on Thursday. The major averages all moved firmly into negative territory after ending Wednesday’s trading flat to modestly higher.

The initial weakness on Wall Street was largely due to renewed concerns about the outlook for the labor market following the release of a report from the Labor Department showing an unexpected increase in initial jobless claims in the week ended April 9th.

The report showed that initial jobless claims rose by 27,000 to 412,000 from the previous week’s revised figure of 385,000. The increase surprised economists, who had expected jobless claims to edge down to 380,000 from the 382,000 originally reported for the previous week.

Peter Boockvar, equity strategist at Miller Tabak, said, “Bottom line, while the labor market is improving, the pace remains lumpy and sustainable traction remains difficult to achieve.”

Meanwhile, a separate Labor Department report showed that U.S. producer prices increased by less than expected in March, as a drop in food prices partly offset another notable increase in energy prices.

The Labor Department said its producer price index rose by 0.7 percent in March following a 1.6 percent increase in February. Economists had been expecting a somewhat more substantial increase in producer prices of about 1.0 percent.

Excluding food and energy prices, core producer prices increased by 0.3 percent in March after edging up by 0.2 percent in the previous month. The increase in core prices was slightly bigger than the 0.2 percent increase that was expected by economists.

“While inflation pressures are clearly evident in today’s figure, the market will more focus on tomorrow’s consumer price report to see what’s been passed through,” Boockvar said.

A vast majority of the major sectors have moved to the downside in early trading, although most are showing only modest downward moves. Nonetheless, notable weakness has emerged among railroad, banking, and software stocks.

Among individual stocks, toy maker Hasbro (HAS) is trading lower after the company reported first quarter earnings that fell more than anticipated on revenues that were nearly flat year-over-year.

Hasbro reported first quarter earnings of $0.12 per share on revenues of $672.0 million compared to earnings of $0.40 per share on revenues of $672.4 million in the year-ago period. Analysts had expected the company to earn $0.17 per share on revenues of $660.4 million.

The major averages have not seen much follow-through on their initial downward moves but remain stuck in the red. The Dow is down 57.03 points or 0.5 percent at 12,213.96, the Nasdaq is down 20.81 points or 0.8 percent at 2,740.71 and the S&P 500 is down 7.52 points or 0.6 percent at 1,306.89.

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

###

Resource, financial stocks pull TSX lower amid falling prices for oil, copper - Dominion Lending Centres Clearlease Reports

Resource, financial stocks pull TSX lower amid falling prices for oil, copper – Dominion Lending Centres Clearlease Reports

Resource, financial stocks pull TSX lower amid falling prices for oil, copper – Dominion Lending Centres Clearlease Reports

TORONTO – (April 14, 2011) Dominion Lending Centres Clearlease Reports the Toronto stock market was negative Thursday as commodity prices headed lower amid worries about rising inflation.

The S&P/TSX composite index lost 44.45 points to 13,789.19 while the TSX Venture Exchange added 0.22 of a point to 2,301.89.

Falling oil prices and data showing a bigger than expected drop in manufacturing shipments pushed the Canadian dollar down 0.36 of a cent to 103.55 cents US.

Statistics Canada reported that manufacturing sales fell 1.5 per cent in February to $47.1 billion, a steeper decline than the 0.1 per cent expected by economists. The showing followed a 4.4 per cent gain in January.

The TSX energy sector fell almost one per cent as oil prices continued to head lower with the May contract on the New York Mercantile Exchange down 28 cents to US$106.83.

Prices had increased Wednesday in the wake of data showing a bigger than expected drop in U.S. gasoline inventories last week. But crude has rapidly come off a recent 2 1/2 year high of almost US$113 a barrel after Goldman Sachs warned investors Monday that crude oil prices were due for a “substantial pullback” after surging about 30 per cent since mid-February as the market responded to a civil war in Libya and unrest in other Mideast countries.

Suncor Energy (TSX:SU) declined 47 cents to $41.62 and Cenovus Energy (TSX:CVE) slipped 51 cents to $35.83.

Demand concerns pressured copper prices for a fourth session as the May contract on the Nymex shed two cents to US$4.27 a pound. The base metals sector lost 0.7 per cent as Teck Resources (TSX:TCK.B) stepped back 38 cents to $50.52 and Quadra FNX (TSX:QUX) lost 14 cents to $13.77.

Financials were also a drag with Scotiabank (TSX:BNS) down 43 cents to $57.35.

The gold sector was the leading advancer while the June contract in New York climbed $5.10 to US$1,460.70 an ounce. Barrick Gold Corp. (TSX:ABX) rose 59 cents to $50.74 while Goldcorp Inc. (TSX:G) improved by 58 cents to $51.23.

The Toronto market has racked up big, triple digit losses in two out of three sessions this week as investors take profits from a strong series of gains amid worries that high prices for commodities are fuelling inflation.

The European Central Bank has already joined the People’s Bank of China in lifting rates to combat inflation and the fear in the markets is that the U.S. Federal Reserve will end up tightening policy sooner than anticipated.

On Wednesday, the Fed’s latest monthly economic assessment, known as the Beige Book showed that rising commodity costs were ratcheting up price pressures.

New York markets were also lower amid data showing that applications for unemployment benefits rose 27,000 to a seasonally adjusted 412,000 for the week ended April 9. That left applications at their highest point since mid-February.

Also, more expensive gas, cars and furniture pushed wholesale prices higher last month.

The Labor Department says the Producer Price Index, which measures price changes before they reach the consumer, rose 0.7 per cent in March. That’s down from 1.6 per cent in February.

The Dow Jones industrial average lost 53.2 points to 12,217.79.

The Nasdaq composite index fell 19.18 points to 2,742.34 while the S&P 500 slipped 7.08 points to 1,307.33.

In earnings news, Corus Entertainment Inc., (TSX:CJR.B) which owns specialty television and radio operations across Canada, said that quarterly net income rose to $31.6 million or 38 cents per share. That compares with $14.6 million or 18 cents per share a year ago. Overall revenues increased to $191.1 million from $177.5 million and Corus shares gained 14 cents to $21.19.

Astral Media Inc. (TSX:ACM.A) said quarterly net income increased three per cent to $34.8 million. Revenue increased seven per cent to $232.7 million. The Montreal-based operator of pay and specialty television, radio, out-of-home advertising and digital media properties also said its annual dividend would increase to 75 cents on all class A and class B shares and its shares were unchanged at $37.20.

In other Canadian corporate news, Cinram International Income Fund (TSX:CRW.UN) has renewed its DVD manufacturing contract with 20th Century Fox Home Entertainment under a multi-year agreement.

The company did not disclose financial details of the agreement and did not specify how long the extended contract could last and its units fell three cents to 83 cents.

Investors will also be keeping a close watch on the latest batch of corporate earnings out of the U.S., including results from Google Inc. So far, results have been mixed, though JPMorgan Chase & Co. offered some encouragement Wednesday with a forecast-busting rise in earnings.

Meanwhile, Hasbro Inc. said Thursday its first-quarter profit tumbled 71 per cent to US$17.2 million as weakness persisted in games, puzzles and several other product lines and the toy company invested in new product development and staffing its joint-venture TV station

Traders also looked to China amid concerns that consumer price data to be released on Friday will be higher than anticipated and prompt further policy tightening from the People’s Bank. The bank has already raised interest rates four times since last October to keep a lid on price gains.

First quarter Chinese economic growth, also due to be reported Friday, is expected to ease from the previous quarter’s 9.8 per cent.

Earlier in Asia, Tokyo’s Nikkei 225 was up 0.1 per cent while South Korea’s Kospi rose 0.9 per cent and Hong Kong’s Hang Seng index was down 0.5 per cent.

China’s benchmark Shanghai Composite Index ended 0.3 per cent lower.

London’s FTSE 100 index lost 0.92 per cent, Frankfurt’s DAX was off 0.79 per cent while the Paris CAC 40 gave back 1.07 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

###Resource, financial stocks pull TSX lower amid falling prices for oil, copper - Dominion Lending Centres Clearlease Reports

TORONTO – (April 14, 2011) Dominion Lending Centres Clearlease Reports the Toronto stock market was negative Thursday as commodity prices headed lower amid worries about rising inflation.

The S&P/TSX composite index lost 44.45 points to 13,789.19 while the TSX Venture Exchange added 0.22 of a point to 2,301.89.

Falling oil prices and data showing a bigger than expected drop in manufacturing shipments pushed the Canadian dollar down 0.36 of a cent to 103.55 cents US.

Statistics Canada reported that manufacturing sales fell 1.5 per cent in February to $47.1 billion, a steeper decline than the 0.1 per cent expected by economists. The showing followed a 4.4 per cent gain in January.

The TSX energy sector fell almost one per cent as oil prices continued to head lower with the May contract on the New York Mercantile Exchange down 28 cents to US$106.83.

Prices had increased Wednesday in the wake of data showing a bigger than expected drop in U.S. gasoline inventories last week. But crude has rapidly come off a recent 2 1/2 year high of almost US$113 a barrel after Goldman Sachs warned investors Monday that crude oil prices were due for a “substantial pullback” after surging about 30 per cent since mid-February as the market responded to a civil war in Libya and unrest in other Mideast countries.

Suncor Energy (TSX:SU) declined 47 cents to $41.62 and Cenovus Energy (TSX:CVE) slipped 51 cents to $35.83.

Demand concerns pressured copper prices for a fourth session as the May contract on the Nymex shed two cents to US$4.27 a pound. The base metals sector lost 0.7 per cent as Teck Resources (TSX:TCK.B) stepped back 38 cents to $50.52 and Quadra FNX (TSX:QUX) lost 14 cents to $13.77.

Financials were also a drag with Scotiabank (TSX:BNS) down 43 cents to $57.35.

The gold sector was the leading advancer while the June contract in New York climbed $5.10 to US$1,460.70 an ounce. Barrick Gold Corp. (TSX:ABX) rose 59 cents to $50.74 while Goldcorp Inc. (TSX:G) improved by 58 cents to $51.23.

The Toronto market has racked up big, triple digit losses in two out of three sessions this week as investors take profits from a strong series of gains amid worries that high prices for commodities are fuelling inflation.

The European Central Bank has already joined the People’s Bank of China in lifting rates to combat inflation and the fear in the markets is that the U.S. Federal Reserve will end up tightening policy sooner than anticipated.

On Wednesday, the Fed’s latest monthly economic assessment, known as the Beige Book showed that rising commodity costs were ratcheting up price pressures.

New York markets were also lower amid data showing that applications for unemployment benefits rose 27,000 to a seasonally adjusted 412,000 for the week ended April 9. That left applications at their highest point since mid-February.

Also, more expensive gas, cars and furniture pushed wholesale prices higher last month.

The Labor Department says the Producer Price Index, which measures price changes before they reach the consumer, rose 0.7 per cent in March. That’s down from 1.6 per cent in February.

The Dow Jones industrial average lost 53.2 points to 12,217.79.

The Nasdaq composite index fell 19.18 points to 2,742.34 while the S&P 500 slipped 7.08 points to 1,307.33.

In earnings news, Corus Entertainment Inc., (TSX:CJR.B) which owns specialty television and radio operations across Canada, said that quarterly net income rose to $31.6 million or 38 cents per share. That compares with $14.6 million or 18 cents per share a year ago. Overall revenues increased to $191.1 million from $177.5 million and Corus shares gained 14 cents to $21.19.

Astral Media Inc. (TSX:ACM.A) said quarterly net income increased three per cent to $34.8 million. Revenue increased seven per cent to $232.7 million. The Montreal-based operator of pay and specialty television, radio, out-of-home advertising and digital media properties also said its annual dividend would increase to 75 cents on all class A and class B shares and its shares were unchanged at $37.20.

In other Canadian corporate news, Cinram International Income Fund (TSX:CRW.UN) has renewed its DVD manufacturing contract with 20th Century Fox Home Entertainment under a multi-year agreement.

The company did not disclose financial details of the agreement and did not specify how long the extended contract could last and its units fell three cents to 83 cents.

Investors will also be keeping a close watch on the latest batch of corporate earnings out of the U.S., including results from Google Inc. So far, results have been mixed, though JPMorgan Chase & Co. offered some encouragement Wednesday with a forecast-busting rise in earnings.

Meanwhile, Hasbro Inc. said Thursday its first-quarter profit tumbled 71 per cent to US$17.2 million as weakness persisted in games, puzzles and several other product lines and the toy company invested in new product development and staffing its joint-venture TV station

Traders also looked to China amid concerns that consumer price data to be released on Friday will be higher than anticipated and prompt further policy tightening from the People’s Bank. The bank has already raised interest rates four times since last October to keep a lid on price gains.

First quarter Chinese economic growth, also due to be reported Friday, is expected to ease from the previous quarter’s 9.8 per cent.

Earlier in Asia, Tokyo’s Nikkei 225 was up 0.1 per cent while South Korea’s Kospi rose 0.9 per cent and Hong Kong’s Hang Seng index was down 0.5 per cent.

China’s benchmark Shanghai Composite Index ended 0.3 per cent lower.

London’s FTSE 100 index lost 0.92 per cent, Frankfurt’s DAX was off 0.79 per cent while the Paris CAC 40 gave back 1.07 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

###Resource, financial stocks pull TSX lower amid falling prices for oil, copper – Dominion Lending Centres Clearlease Reports

TORONTO – (April 14, 2011) Dominion Lending Centres Clearlease Reports the Toronto stock market was negative Thursday as commodity prices headed lower amid worries about rising inflation.

The S&P/TSX composite index lost 44.45 points to 13,789.19 while the TSX Venture Exchange added 0.22 of a point to 2,301.89.

Falling oil prices and data showing a bigger than expected drop in manufacturing shipments pushed the Canadian dollar down 0.36 of a cent to 103.55 cents US.

Statistics Canada reported that manufacturing sales fell 1.5 per cent in February to $47.1 billion, a steeper decline than the 0.1 per cent expected by economists. The showing followed a 4.4 per cent gain in January.

The TSX energy sector fell almost one per cent as oil prices continued to head lower with the May contract on the New York Mercantile Exchange down 28 cents to US$106.83.

Prices had increased Wednesday in the wake of data showing a bigger than expected drop in U.S. gasoline inventories last week. But crude has rapidly come off a recent 2 1/2 year high of almost US$113 a barrel after Goldman Sachs warned investors Monday that crude oil prices were due for a “substantial pullback” after surging about 30 per cent since mid-February as the market responded to a civil war in Libya and unrest in other Mideast countries.

Suncor Energy (TSX:SU) declined 47 cents to $41.62 and Cenovus Energy (TSX:CVE) slipped 51 cents to $35.83.

Demand concerns pressured copper prices for a fourth session as the May contract on the Nymex shed two cents to US$4.27 a pound. The base metals sector lost 0.7 per cent as Teck Resources (TSX:TCK.B) stepped back 38 cents to $50.52 and Quadra FNX (TSX:QUX) lost 14 cents to $13.77.

Financials were also a drag with Scotiabank (TSX:BNS) down 43 cents to $57.35.

The gold sector was the leading advancer while the June contract in New York climbed $5.10 to US$1,460.70 an ounce. Barrick Gold Corp. (TSX:ABX) rose 59 cents to $50.74 while Goldcorp Inc. (TSX:G) improved by 58 cents to $51.23.

The Toronto market has racked up big, triple digit losses in two out of three sessions this week as investors take profits from a strong series of gains amid worries that high prices for commodities are fuelling inflation.

The European Central Bank has already joined the People’s Bank of China in lifting rates to combat inflation and the fear in the markets is that the U.S. Federal Reserve will end up tightening policy sooner than anticipated.

On Wednesday, the Fed’s latest monthly economic assessment, known as the Beige Book showed that rising commodity costs were ratcheting up price pressures.

New York markets were also lower amid data showing that applications for unemployment benefits rose 27,000 to a seasonally adjusted 412,000 for the week ended April 9. That left applications at their highest point since mid-February.

Also, more expensive gas, cars and furniture pushed wholesale prices higher last month.

The Labor Department says the Producer Price Index, which measures price changes before they reach the consumer, rose 0.7 per cent in March. That’s down from 1.6 per cent in February.

The Dow Jones industrial average lost 53.2 points to 12,217.79.

The Nasdaq composite index fell 19.18 points to 2,742.34 while the S&P 500 slipped 7.08 points to 1,307.33.

In earnings news, Corus Entertainment Inc., (TSX:CJR.B) which owns specialty television and radio operations across Canada, said that quarterly net income rose to $31.6 million or 38 cents per share. That compares with $14.6 million or 18 cents per share a year ago. Overall revenues increased to $191.1 million from $177.5 million and Corus shares gained 14 cents to $21.19.

Astral Media Inc. (TSX:ACM.A) said quarterly net income increased three per cent to $34.8 million. Revenue increased seven per cent to $232.7 million. The Montreal-based operator of pay and specialty television, radio, out-of-home advertising and digital media properties also said its annual dividend would increase to 75 cents on all class A and class B shares and its shares were unchanged at $37.20.

In other Canadian corporate news, Cinram International Income Fund (TSX:CRW.UN) has renewed its DVD manufacturing contract with 20th Century Fox Home Entertainment under a multi-year agreement.

The company did not disclose financial details of the agreement and did not specify how long the extended contract could last and its units fell three cents to 83 cents.

Investors will also be keeping a close watch on the latest batch of corporate earnings out of the U.S., including results from Google Inc. So far, results have been mixed, though JPMorgan Chase & Co. offered some encouragement Wednesday with a forecast-busting rise in earnings.

Meanwhile, Hasbro Inc. said Thursday its first-quarter profit tumbled 71 per cent to US$17.2 million as weakness persisted in games, puzzles and several other product lines and the toy company invested in new product development and staffing its joint-venture TV station

Traders also looked to China amid concerns that consumer price data to be released on Friday will be higher than anticipated and prompt further policy tightening from the People’s Bank. The bank has already raised interest rates four times since last October to keep a lid on price gains.

First quarter Chinese economic growth, also due to be reported Friday, is expected to ease from the previous quarter’s 9.8 per cent.

Earlier in Asia, Tokyo’s Nikkei 225 was up 0.1 per cent while South Korea’s Kospi rose 0.9 per cent and Hong Kong’s Hang Seng index was down 0.5 per cent.

China’s benchmark Shanghai Composite Index ended 0.3 per cent lower.

London’s FTSE 100 index lost 0.92 per cent, Frankfurt’s DAX was off 0.79 per cent while the Paris CAC 40 gave back 1.07 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

###

ADF Group Inc. (TSX:DRX) profit cut almost in half to $3.7 million in fiscal 2011 - Dominion Lending Centres Clearlease Reports

ADF Group Inc. (TSX:DRX) profit cut almost in half to $3.7 million in fiscal 2011 – Dominion Lending Centres Clearlease Reports

ADF Group Inc. (TSX:DRX) profit cut almost in half to $3.7 million in fiscal 2011 – Dominion Lending Centres Clearlease Reports

TERREBONNE, Que. – (April 14, 2011) Dominion Lending Centres Clearlease Reports ADF Group Inc. (TSX:DRX) has cited an unfavourable exchange rate as well as increased expenses related to investments in new facilities among reasons for a big drop in net profit in fiscal 2011.

The Quebec-based company, which farbricates and installs steel structures in the non-residential construction industry, reported Thursday that net earnings declined to $3.7 million or 11 cents per diluted share in the year ended Jan. 31.

That compared with earnings of $7 million or 19 cents in the prior year.

Revenue was $55.3 million, down from $65.7 million in fiscal 2010.

“The decline in net earnings is attributable, notably, to a less favourable exchange rate, the increase in certain expenses following the significant investments in the facilities over the past few years and a higher tax rate than in 2010,” the company said in a release.

“It should be noted that despite lower revenues, the gross profit margin as a percentage of revenues was higher than in the previous two years,” it added.

And, despite the decline in profits, the board approved the implementation of a semi-annual dividend of one cent per share, “in recognition of the steadfast confidence of ADF Group’s shareholders over the years and considering the liquidities generated by the corporation.”

The dividend will be paid May 16 to shareholders of record on April 29.

CEO Jean Paschini said the results reflected ADF’s strategy of fostering sustainable growth, “but not at the expense of targeted profitability.”

“During fiscal 2011, we pursued our selective and disciplined approach with respect to our business development, strengthened our positioning in highly specialized and strong value-added market niches, and maintained a rigorous and prudent management of our liquidities, capital structure and business risks,” Paschini said.

ADF shares were up five cents at $1.98 Thursday morning on the Toronto Stock Exchange.

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

###ADF Group Inc. (TSX:DRX) profit cut almost in half to $3.7 million in fiscal 2011 - Dominion Lending Centres Clearlease Reports

TERREBONNE, Que. – (April 14, 2011) Dominion Lending Centres Clearlease Reports ADF Group Inc. (TSX:DRX) has cited an unfavourable exchange rate as well as increased expenses related to investments in new facilities among reasons for a big drop in net profit in fiscal 2011.

The Quebec-based company, which fabricates and installs steel structures in the non-residential construction industry, reported Thursday that net earnings declined to $3.7 million or 11 cents per diluted share in the year ended Jan. 31.

That compared with earnings of $7 million or 19 cents in the prior year.

Revenue was $55.3 million, down from $65.7 million in fiscal 2010.

“The decline in net earnings is attributable, notably, to a less favourable exchange rate, the increase in certain expenses following the significant investments in the facilities over the past few years and a higher tax rate than in 2010,” the company said in a release.

“It should be noted that despite lower revenues, the gross profit margin as a percentage of revenues was higher than in the previous two years,” it added.

And, despite the decline in profits, the board approved the implementation of a semi-annual dividend of one cent per share, “in recognition of the steadfast confidence of ADF Group’s shareholders over the years and considering the liquidities generated by the corporation.”

The dividend will be paid May 16 to shareholders of record on April 29.

CEO Jean Paschini said the results reflected ADF’s strategy of fostering sustainable growth, “but not at the expense of targeted profitability.”

“During fiscal 2011, we pursued our selective and disciplined approach with respect to our business development, strengthened our positioning in highly specialized and strong value-added market niches, and maintained a rigorous and prudent management of our liquidities, capital structure and business risks,” Paschini said.

ADF shares were up five cents at $1.98 Thursday morning on the Toronto Stock Exchange.

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

###ADF Group Inc. (TSX:DRX) profit cut almost in half to $3.7 million in fiscal 2011 – Dominion Lending Centres Clearlease Reports

TERREBONNE, Que. – (April 14, 2011) Dominion Lending Centres Clearlease Reports ADF Group Inc. (TSX:DRX) has cited an unfavourable exchange rate as well as increased expenses related to investments in new facilities among reasons for a big drop in net profit in fiscal 2011.

The Quebec-based company, which farbricates and installs steel structures in the non-residential construction industry, reported Thursday that net earnings declined to $3.7 million or 11 cents per diluted share in the year ended Jan. 31.

That compared with earnings of $7 million or 19 cents in the prior year.

Revenue was $55.3 million, down from $65.7 million in fiscal 2010.

“The decline in net earnings is attributable, notably, to a less favourable exchange rate, the increase in certain expenses following the significant investments in the facilities over the past few years and a higher tax rate than in 2010,” the company said in a release.

“It should be noted that despite lower revenues, the gross profit margin as a percentage of revenues was higher than in the previous two years,” it added.

And, despite the decline in profits, the board approved the implementation of a semi-annual dividend of one cent per share, “in recognition of the steadfast confidence of ADF Group’s shareholders over the years and considering the liquidities generated by the corporation.”

The dividend will be paid May 16 to shareholders of record on April 29.

CEO Jean Paschini said the results reflected ADF’s strategy of fostering sustainable growth, “but not at the expense of targeted profitability.”

“During fiscal 2011, we pursued our selective and disciplined approach with respect to our business development, strengthened our positioning in highly specialized and strong value-added market niches, and maintained a rigorous and prudent management of our liquidities, capital structure and business risks,” Paschini said.

ADF shares were up five cents at $1.98 Thursday morning on the Toronto Stock Exchange.

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

###

MOTOROLA SOLUTIONS (NYSE: MSI), Huawei settle, paving way for delayed and discounted sale of Motorola unit - Dominion Lending Centres Clearlease Reports

MOTOROLA SOLUTIONS (NYSE: MSI), Huawei settle, paving way for delayed and discounted sale of Motorola unit – Dominion Lending Centres Clearlease Reports

MOTOROLA SOLUTIONS (NYSE: MSI), Huawei settle, paving way for delayed and discounted sale of Motorola unit – Dominion Lending Centres Clearlease Reports

NEW YORK, N.Y. – (April 14, 2011) Dominion Lending Centres Clearlease Reports MOTOROLA SOLUTIONS (NYSE: MSI) on Wednesday said it has settled with Chinese telecommunications equipment maker Huawei Technologies, which objected to the sale of a Motorola unit. That means the sale could close soon, but at a lower price than originally envisioned.

Motorola Solutions, one half of the former Motorola Inc., which broke up in January, said it will be getting $975 million for the sale of its network equipment unit to Nokia Siemens Networks, rather than the $1.2 billion promised when the deal was struck in July.

Motorola Solutions, which makes police radios, bar-code scanners and other products aimed at corporations and governments, didn’t say why the sale price was reduced, but the deal was originally set to close before the end of 2010.

It was stalled by Huawei, which won an injunction in U.S. court saying the deal could mean that its business secrets would end up in Nokia Siemens hands, since Motorola resold Huawei equipment starting in 2000.

In the settlement announced Wednesday, Schaumburg, Illinois-based Motorola Solutions will pay Huawei an undisclosed fee to transfer its contracts to Nokia Siemens. The deal allows Nokia Siemens to use confidential Huawei information to service the networks that Motorola deployed worldwide using Huawei’s technologies, the companies said.

Motorola Solutions spokesman Nick Sweers said the sale of the unit to Nokia Siemens still needs approval from Chinese antitrust authorities. If they give approval, the deal is set to close on April 29.

Nokia Siemens Networks is the network equipment-making joint venture of Nokia Corp (NYSE:NOK) of Finland and Siemens AG (NYSE: SI) of Germany.

Motorola Solutions shares rose 30 cents to $44.15 in midday trading Wednesday.

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

###MOTOROLA SOLUTIONS (NYSE: MSI), Huawei settle, paving way for delayed and discounted sale of Motorola unit - Dominion Lending Centres Clearlease Reports

NEW YORK, N.Y. – (April 14, 2011) Dominion Lending Centres Clearlease Reports MOTOROLA SOLUTIONS (NYSE: MSI) on Wednesday said it has settled with Chinese telecommunications equipment maker Huawei Technologies, which objected to the sale of a Motorola unit. That means the sale could close soon, but at a lower price than originally envisioned.

Motorola Solutions, one half of the former Motorola Inc., which broke up in January, said it will be getting $975 million for the sale of its network equipment unit to Nokia Siemens Networks, rather than the $1.2 billion promised when the deal was struck in July.

Motorola Solutions, which makes police radios, bar-code scanners and other products aimed at corporations and governments, didn’t say why the sale price was reduced, but the deal was originally set to close before the end of 2010.

It was stalled by Huawei, which won an injunction in U.S. court saying the deal could mean that its business secrets would end up in Nokia Siemens hands, since Motorola resold Huawei equipment starting in 2000.

In the settlement announced Wednesday, Schaumburg, Illinois-based Motorola Solutions will pay Huawei an undisclosed fee to transfer its contracts to Nokia Siemens. The deal allows Nokia Siemens to use confidential Huawei information to service the networks that Motorola deployed worldwide using Huawei’s technologies, the companies said.

Motorola Solutions spokesman Nick Sweers said the sale of the unit to Nokia Siemens still needs approval from Chinese antitrust authorities. If they give approval, the deal is set to close on April 29.

Nokia Siemens Networks is the network equipment-making joint venture of Nokia Corp (NYSE:NOK) of Finland and Siemens AG (NYSE: SI) of Germany.

Motorola Solutions shares rose 30 cents to $44.15 in midday trading Wednesday.

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

###MOTOROLA SOLUTIONS (NYSE: MSI), Huawei settle, paving way for delayed and discounted sale of Motorola unit – Dominion Lending Centres Clearlease Reports

NEW YORK, N.Y. – (April 14, 2011) Dominion Lending Centres Clearlease Reports MOTOROLA SOLUTIONS (NYSE: MSI) on Wednesday said it has settled with Chinese telecommunications equipment maker Huawei Technologies, which objected to the sale of a Motorola unit. That means the sale could close soon, but at a lower price than originally envisioned.

Motorola Solutions, one half of the former Motorola Inc., which broke up in January, said it will be getting $975 million for the sale of its network equipment unit to Nokia Siemens Networks, rather than the $1.2 billion promised when the deal was struck in July.

Motorola Solutions, which makes police radios, bar-code scanners and other products aimed at corporations and governments, didn’t say why the sale price was reduced, but the deal was originally set to close before the end of 2010.

It was stalled by Huawei, which won an injunction in U.S. court saying the deal could mean that its business secrets would end up in Nokia Siemens hands, since Motorola resold Huawei equipment starting in 2000.

In the settlement announced Wednesday, Schaumburg, Illinois-based Motorola Solutions will pay Huawei an undisclosed fee to transfer its contracts to Nokia Siemens. The deal allows Nokia Siemens to use confidential Huawei information to service the networks that Motorola deployed worldwide using Huawei’s technologies, the companies said.

Motorola Solutions spokesman Nick Sweers said the sale of the unit to Nokia Siemens still needs approval from Chinese antitrust authorities. If they give approval, the deal is set to close on April 29.

Nokia Siemens Networks is the network equipment-making joint venture of Nokia Corp (NYSE:NOK) of Finland and Siemens AG (NYSE: SI) of Germany.

Motorola Solutions shares rose 30 cents to $44.15 in midday trading Wednesday.

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

###

Exxon Mobil Corp. (NYSE: XOM ) CEO Rex Tillerson got lower compensation in 2010 at $21.5 million - Dominion Lending Centres Clearlease Reports

Exxon Mobil Corp. (NYSE: XOM ) CEO Rex Tillerson got lower compensation in 2010 at $21.5 million – Dominion Lending Centres Clearlease Reports

Exxon Mobil Corp. (NYSE: XOM ) CEO Rex Tillerson got lower compensation in 2010 at $21.5 million – Dominion Lending Centres Clearlease Reports

NEW YORK, N.Y. – (April 14, 2011) Dominion Lending Centres Clearlease Reports Exxon Mobil Corp. (NYSE: XOM ) says its top executive received slightly lower compensation last year, according to an analysis by The Associated Press.

Chairman and CEO Rex Tillerson received compensation worth US$21.5 million, about one per cent lower than the previous year.

The drop came mostly from a 9 per cent decline in stock awards that were worth $15.5 million in 2010. Tillerson’s salary increased seven per cent salary to $2.2 million, and his bonus rose 40 per cent to $3.4 million. He also received $443,921 in company perks including security services, life insurance and the use of company aircraft.

The AP’s calculation counts salary, bonuses, perks, stock and options awarded to the executive during the year.

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

###Exxon Mobil Corp. (NYSE: XOM ) CEO Rex Tillerson got lower compensation in 2010 at $21.5 million - Dominion Lending Centres Clearlease Reports

NEW YORK, N.Y. – (April 14, 2011) Dominion Lending Centres Clearlease Reports Exxon Mobil Corp. (NYSE: XOM ) says its top executive received slightly lower compensation last year, according to an analysis by The Associated Press.

Chairman and CEO Rex Tillerson received compensation worth US$21.5 million, about one per cent lower than the previous year.

The drop came mostly from a 9 per cent decline in stock awards that were worth $15.5 million in 2010. Tillerson’s salary increased seven per cent salary to $2.2 million, and his bonus rose 40 per cent to $3.4 million. He also received $443,921 in company perks including security services, life insurance and the use of company aircraft.

The AP’s calculation counts salary, bonuses, perks, stock and options awarded to the executive during the year.

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

###Exxon Mobil Corp. (NYSE: XOM ) CEO Rex Tillerson got lower compensation in 2010 at $21.5 million – Dominion Lending Centres Clearlease Reports

NEW YORK, N.Y. – (April 14, 2011) Dominion Lending Centres Clearlease Reports Exxon Mobil Corp. (NYSE: XOM ) says its top executive received slightly lower compensation last year, according to an analysis by The Associated Press.

Chairman and CEO Rex Tillerson received compensation worth US$21.5 million, about one per cent lower than the previous year.

The drop came mostly from a 9 per cent decline in stock awards that were worth $15.5 million in 2010. Tillerson’s salary increased seven per cent salary to $2.2 million, and his bonus rose 40 per cent to $3.4 million. He also received $443,921 in company perks including security services, life insurance and the use of company aircraft.

The AP’s calculation counts salary, bonuses, perks, stock and options awarded to the executive during the year.

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

###

Consumers bought more furniture, electronics and garden equipment; also paid more for gas - Dominion Lending Centres Clearlease Reports

Consumers bought more furniture, electronics and garden equipment; also paid more for gas – Dominion Lending Centres Clearlease Reports

Consumers bought more furniture, electronics and garden equipment; also paid more for gas – Dominion Lending Centres Clearlease Reports

WASHINGTON – (April 14, 2011) Dominion Lending Centres Clearlease Reports Consumers spent more in March on furniture, electronics and at restaurants, but also paid more for gas.

Retail sales increased 0.4 per cent last month, the Commerce Department said Wednesday. It was the ninth consecutive monthly gain.

The increase shrank to a 0.1 per cent when sales at gasoline stations were excluded. Still, the biggest decline in auto sales in more than a year also pulled down overall sales. When taking out sales at gas station and of autos, retail sales rose 0.6 per cent.

Many analysts considered that a solid gain, given the jump in gas prices and the fact that Easter is coming later this year. They also noted that sales in the previous two months were revised up to show slightly better gains.

Jennifer Lee, senior economist at BMO Capital Markets, said the new report was “pretty decent … considering all of the headwinds the consumer is facing.”

Businesses are stocking up based on the increased demand. A separate Commerce report said companies added to their stockpiles in February for a 14th straight month. And their sales increased for an eighth consecutive month. Healthy gains in sales and inventory restocking typically lead to more demand for U.S. factory goods.

Economists are hoping that a payroll tax cut and brighter outlook for job growth will keep consumers shopping this year. Consumer spending accounts for 70 per cent of economic activity.

But analysts worry that the recent spike in energy prices will not leave shoppers with much left over to spend on other goods and services. The nationwide average for regular gasoline is now $3.80 a gallon, up from $3.56 a month ago, according to the motor club AAA.

For March, sales of autos dropped a sharp 1.7 per cent, the biggest decline since February 2010. However, some of the weakness was because General Motors scaled back incentive offers. Economists believe the outlook for auto sales for the rest of this year remains bright, given improving job prospects.

Shoppers did spend 3.6 per cent more at furniture stores. Sales were also rose at appliance stores and specialty clothing stores. Sales at general merchandise stores, the category that includes big retailers such as Wal-Mart, rose 0.4 per cent.

However, sales at just department stores such as Macy’s saw a 0.2 per cent drop in March. A survey of major retailers from Costco to Victoria’s Secret had reported surprisingly good sales for March.

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

###Consumers bought more furniture, electronics and garden equipment; also paid more for gas - Dominion Lending Centres Clearlease Reports

WASHINGTON – (April 14, 2011) Dominion Lending Centres Clearlease Reports Consumers spent more in March on furniture, electronics and at restaurants, but also paid more for gas.

Retail sales increased 0.4 per cent last month, the Commerce Department said Wednesday. It was the ninth consecutive monthly gain.

The increase shrank to a 0.1 per cent when sales at gasoline stations were excluded. Still, the biggest decline in auto sales in more than a year also pulled down overall sales. When taking out sales at gas station and of autos, retail sales rose 0.6 per cent.

Many analysts considered that a solid gain, given the jump in gas prices and the fact that Easter is coming later this year. They also noted that sales in the previous two months were revised up to show slightly better gains.

Jennifer Lee, senior economist at BMO Capital Markets, said the new report was “pretty decent … considering all of the headwinds the consumer is facing.”

Businesses are stocking up based on the increased demand. A separate Commerce report said companies added to their stockpiles in February for a 14th straight month. And their sales increased for an eighth consecutive month. Healthy gains in sales and inventory restocking typically lead to more demand for U.S. factory goods.

Economists are hoping that a payroll tax cut and brighter outlook for job growth will keep consumers shopping this year. Consumer spending accounts for 70 per cent of economic activity.

But analysts worry that the recent spike in energy prices will not leave shoppers with much left over to spend on other goods and services. The nationwide average for regular gasoline is now $3.80 a gallon, up from $3.56 a month ago, according to the motor club AAA.

For March, sales of autos dropped a sharp 1.7 per cent, the biggest decline since February 2010. However, some of the weakness was because General Motors scaled back incentive offers. Economists believe the outlook for auto sales for the rest of this year remains bright, given improving job prospects.

Shoppers did spend 3.6 per cent more at furniture stores. Sales were also rose at appliance stores and specialty clothing stores. Sales at general merchandise stores, the category that includes big retailers such as Wal-Mart, rose 0.4 per cent.

However, sales at just department stores such as Macy’s saw a 0.2 per cent drop in March. A survey of major retailers from Costco to Victoria’s Secret had reported surprisingly good sales for March.

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

###Consumers bought more furniture, electronics and garden equipment; also paid more for gas – Dominion Lending Centres Clearlease Reports

WASHINGTON – (April 14, 2011) Dominion Lending Centres Clearlease Reports Consumers spent more in March on furniture, electronics and at restaurants, but also paid more for gas.

Retail sales increased 0.4 per cent last month, the Commerce Department said Wednesday. It was the ninth consecutive monthly gain.

The increase shrank to a 0.1 per cent when sales at gasoline stations were excluded. Still, the biggest decline in auto sales in more than a year also pulled down overall sales. When taking out sales at gas station and of autos, retail sales rose 0.6 per cent.

Many analysts considered that a solid gain, given the jump in gas prices and the fact that Easter is coming later this year. They also noted that sales in the previous two months were revised up to show slightly better gains.

Jennifer Lee, senior economist at BMO Capital Markets, said the new report was “pretty decent … considering all of the headwinds the consumer is facing.”

Businesses are stocking up based on the increased demand. A separate Commerce report said companies added to their stockpiles in February for a 14th straight month. And their sales increased for an eighth consecutive month. Healthy gains in sales and inventory restocking typically lead to more demand for U.S. factory goods.

Economists are hoping that a payroll tax cut and brighter outlook for job growth will keep consumers shopping this year. Consumer spending accounts for 70 per cent of economic activity.

But analysts worry that the recent spike in energy prices will not leave shoppers with much left over to spend on other goods and services. The nationwide average for regular gasoline is now $3.80 a gallon, up from $3.56 a month ago, according to the motor club AAA.

For March, sales of autos dropped a sharp 1.7 per cent, the biggest decline since February 2010. However, some of the weakness was because General Motors scaled back incentive offers. Economists believe the outlook for auto sales for the rest of this year remains bright, given improving job prospects.

Shoppers did spend 3.6 per cent more at furniture stores. Sales were also rose at appliance stores and specialty clothing stores. Sales at general merchandise stores, the category that includes big retailers such as Wal-Mart, rose 0.4 per cent.

However, sales at just department stores such as Macy’s saw a 0.2 per cent drop in March. A survey of major retailers from Costco to Victoria’s Secret had reported surprisingly good sales for March.

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

###

ShaMaran Petroleum Corp. (TSXV:SNM) discovers oil in Kurdistan - Dominion Lending Centres Clearlease Reports

ShaMaran Petroleum Corp. (TSXV:SNM) discovers oil in Kurdistan – Dominion Lending Centres Clearlease Reports

ShaMaran Petroleum Corp. (TSXV:SNM) discovers oil in Kurdistan – Dominion Lending Centres Clearlease Reports

VANCOUVER – CANADA (April 14, 2011) Dominion Lending Centres Clearlease Reports ShaMaran Petroleum Corp. (TSXV:SNM) said Wednesday it has found oil at a recently drilled exploration well in Kurdistan.

The Toronto-listed company said the discovery by its Atrush-1 was expected to become a significant producing asset.

Vancouver-based ShaMaran is focused on oil development and exploration in Kurdistan with four projects in the region.

Shares in the company, which announced the discovery after the close of markets, were down a penny at 87 cents on the TSX Venture Exchange.

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

###ShaMaran Petroleum Corp. (TSXV:SNM) discovers oil in Kurdistan - Dominion Lending Centres Clearlease Reports

VANCOUVER – CANADA (April 14, 2011) Dominion Lending Centres Clearlease Reports ShaMaran Petroleum Corp. (TSXV:SNM) said Wednesday it has found oil at a recently drilled exploration well in Kurdistan.

The Toronto-listed company said the discovery by its Atrush-1 was expected to become a significant producing asset.

Vancouver-based ShaMaran is focused on oil development and exploration in Kurdistan with four projects in the region.

Shares in the company, which announced the discovery after the close of markets, were down a penny at 87 cents on the TSX Venture Exchange.

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

###ShaMaran Petroleum Corp. (TSXV:SNM) discovers oil in Kurdistan – Dominion Lending Centres Clearlease Reports

VANCOUVER – CANADA (April 14, 2011) Dominion Lending Centres Clearlease Reports ShaMaran Petroleum Corp. (TSXV:SNM) said Wednesday it has found oil at a recently drilled exploration well in Kurdistan.

The Toronto-listed company said the discovery by its Atrush-1 was expected to become a significant producing asset.

Vancouver-based ShaMaran is focused on oil development and exploration in Kurdistan with four projects in the region.

Shares in the company, which announced the discovery after the close of markets, were down a penny at 87 cents on the TSX Venture Exchange.

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

###

Top 4 Mid-Cap Stocks In The Gold Industry With The Lowest PEG Ratio (IAG, HMY, AUY, EGO) - Dominion Lending Centres Clearlease

Top 4 Mid-Cap Stocks In The Gold Industry With The Lowest PEG Ratio (IAG, HMY, AUY, EGO) – Dominion Lending Centres Clearlease

Top 4 Mid-Cap Stocks In The Gold Industry With The Lowest PEG Ratio (IAG, HMY, AUY, EGO) – Dominion Lending Centres Clearlease

EGO, AUY, HMY, IAG Tags: Mid-Cap, lowest PEG ratio, Gold Industry

QUEBEC – (April 14, 2011) Dominion Lending Centres Clearlease Reports Below are the top mid-cap gold stocks on the NYSE and the NASDAQ in terms of PEG ratio

Iamgold Corporation (NYSE: IAG) has a PEG ratio of 0.25. IAG’s trailing-twelve-month operating margin is 30.92%.

Harmony Gold Mining Co Ltd (NYSE: HMY) has a PEG ratio of 0.86. HMY’s trailing-twelve-month revenue is $1.49 billion.

Yamana Gold Inc (NYSE: AUY) has a PEG ratio of 1.17. AUY’s trailing-twelve-month profit margin is 26.76%.

Eldorado Gold Corp Ltd (NYSE: EGO) has a PEG ratio of 1.45. EGO’s trailing-twelve-month operating margin is 40.12%.

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
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###

Top 4 Mid-Cap Stocks In The Gold Industry With The Lowest PEG Ratio (IAG, HMY, AUY, EGO) - Dominion Lending Centres Clearlease

QUEBEC – (April 14, 2011) Dominion Lending Centres Clearlease Reports Below are the top mid-cap gold stocks on the NYSE and the NASDAQ in terms of PEG ratio

Iamgold Corporation (NYSE: IAG) has a PEG ratio of 0.25. IAG’s trailing-twelve-month operating margin is 30.92%.

Harmony Gold Mining Co Ltd (NYSE: HMY) has a PEG ratio of 0.86. HMY’s trailing-twelve-month revenue is $1.49 billion.

Yamana Gold Inc (NYSE: AUY) has a PEG ratio of 1.17. AUY’s trailing-twelve-month profit margin is 26.76%.

Eldorado Gold Corp Ltd (NYSE: EGO) has a PEG ratio of 1.45. EGO’s trailing-twelve-month operating margin is 40.12%.

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
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###

Top 4 Mid-Cap Stocks In The Gold Industry With The Lowest PEG Ratio (IAG, HMY, AUY, EGO) – Dominion Lending Centres Clearlease

EGO, AUY, HMY, IAG Tags: Mid-Cap, lowest PEG ratio, Gold Industry

QUEBEC – (April 14, 2011) Dominion Lending Centres Clearlease Reports Below are the top mid-cap gold stocks on the NYSE and the NASDAQ in terms of PEG ratio

Iamgold Corporation (NYSE: IAG) has a PEG ratio of 0.25. IAG’s trailing-twelve-month operating margin is 30.92%.

Harmony Gold Mining Co Ltd (NYSE: HMY) has a PEG ratio of 0.86. HMY’s trailing-twelve-month revenue is $1.49 billion.

Yamana Gold Inc (NYSE: AUY) has a PEG ratio of 1.17. AUY’s trailing-twelve-month profit margin is 26.76%.

Eldorado Gold Corp Ltd (NYSE: EGO) has a PEG ratio of 1.45. EGO’s trailing-twelve-month operating margin is 40.12%.

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
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###

Quebec gives conditional support to controversial asbestos mine's revival - Dominion Lending Centres Clearlease

Quebec gives conditional support to controversial asbestos mine’s revival – Dominion Lending Centres Clearlease

Quebec gives conditional support to controversial asbestos mine’s revival – Dominion Lending Centres Clearlease

QUEBEC – (April 14, 2011) Dominion Lending Centres Clearlease Reports Quebec is giving conditional support to a project that would revive one of Canada’s last-remaining asbestos mines — even though its own public-health experts have condemned the initiative.

A consortium of investors is hoping the province will guarantee a $58-million bank loan they say is crucial to restarting the cash-strapped Jeffrey Mine in the city of Asbestos.

Quebec’s economic development minister said Wednesday that with his government’s support the group should have little trouble completing the deal.

“Our gesture today will remove the uncertainty,” said Clement Gignac.

“We are removing the uncertainty (in affirming) that the Quebec government will continue to support the chrysotile (asbestos) industry, will continue to support the region.”

Gignac also said a $7.5-million fund will be created to help diversify the region’s economy. It will be financed, in part, on an annual basis by the mine’s anticipated revenues.

Canada’s embattled chrysotile asbestos industry — with its mining operations based entirely in Quebec — has faced widespread criticism around the world, and at home.

The directors of Quebec’s 18 regional public-health bureaus warned Gignac recently that restarting the mine would significantly increase the number of asbestos-related diseases —including cancer — among workers and in the general population.

The Canadian Cancer Society says chrysotile asbestos is responsible for more than 100,000 deaths around the world every year.

International health experts, labour groups and activists have also been urging the province to refrain from supporting the mine.

They are calling on the Quebec government to stop exports of the material to developing countries, where they say there’s no guarantee the substance is handled safely.

But supporters of the project insist chrysotile asbestos is safe to handle as long as guidelines are followed — even in the Third World.

A spokesman for one of the investors applauded the government’s decision.

“It’s obviously a step in the right direction,” said Guy Versailles, a spokesman for Montreal businessman Baljit Chadha, who has been selling asbestos for 15 years.

“We’re still working on what we have to do to bring this (deal) together.”

A relaunch of the Jeffrey Mine, which has been mostly dormant in recent years, would add another 25 years to the life of the operation. The government said it would create more than 400 full-time jobs in the central Quebec region.

Prime Minister Stephen Harper offered his support for the industry during a recent campaign-trail stop in the riding. The federal Liberals and NDP oppose the asbestos exports because of the health concerns.

Gignac admitted that Quebec could eventually toughen its regulations on asbestos.

The province’s exposure limit for dangerous asbestos fibres is 10 times higher than other parts of Canada and 100 times higher than some European countries.

“We believe that chrysotile can be used safely, but we’re not saying that we can’t have a tighter regulation,” he said.

“We’re taking note of the recommendations that have been made by the public-health agency and by doctors.”

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
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###

Quebec gives conditional support to controversial asbestos mine's revival - Dominion Lending Centres Clearlease

QUEBEC – (April 14, 2011) Dominion Lending Centres Clearlease Reports Quebec is giving conditional support to a project that would revive one of Canada’s last-remaining asbestos mines — even though its own public-health experts have condemned the initiative.

A consortium of investors is hoping the province will guarantee a $58-million bank loan they say is crucial to restarting the cash-strapped Jeffrey Mine in the city of Asbestos.

Quebec’s economic development minister said Wednesday that with his government’s support the group should have little trouble completing the deal.

“Our gesture today will remove the uncertainty,” said Clement Gignac.

“We are removing the uncertainty (in affirming) that the Quebec government will continue to support the chrysotile (asbestos) industry, will continue to support the region.”

Gignac also said a $7.5-million fund will be created to help diversify the region’s economy. It will be financed, in part, on an annual basis by the mine’s anticipated revenues.

Canada’s embattled chrysotile asbestos industry — with its mining operations based entirely in Quebec — has faced widespread criticism around the world, and at home.

The directors of Quebec’s 18 regional public-health bureaus warned Gignac recently that restarting the mine would significantly increase the number of asbestos-related diseases —including cancer — among workers and in the general population.

The Canadian Cancer Society says chrysotile asbestos is responsible for more than 100,000 deaths around the world every year.

International health experts, labour groups and activists have also been urging the province to refrain from supporting the mine.

They are calling on the Quebec government to stop exports of the material to developing countries, where they say there’s no guarantee the substance is handled safely.

But supporters of the project insist chrysotile asbestos is safe to handle as long as guidelines are followed — even in the Third World.

A spokesman for one of the investors applauded the government’s decision.

“It’s obviously a step in the right direction,” said Guy Versailles, a spokesman for Montreal businessman Baljit Chadha, who has been selling asbestos for 15 years.

“We’re still working on what we have to do to bring this (deal) together.”

A relaunch of the Jeffrey Mine, which has been mostly dormant in recent years, would add another 25 years to the life of the operation. The government said it would create more than 400 full-time jobs in the central Quebec region.

Prime Minister Stephen Harper offered his support for the industry during a recent campaign-trail stop in the riding. The federal Liberals and NDP oppose the asbestos exports because of the health concerns.

Gignac admitted that Quebec could eventually toughen its regulations on asbestos.

The province’s exposure limit for dangerous asbestos fibres is 10 times higher than other parts of Canada and 100 times higher than some European countries.

“We believe that chrysotile can be used safely, but we’re not saying that we can’t have a tighter regulation,” he said.

“We’re taking note of the recommendations that have been made by the public-health agency and by doctors.”

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
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###

Quebec gives conditional support to controversial asbestos mine’s revival – Dominion Lending Centres Clearlease

QUEBEC – (April 14, 2011) Dominion Lending Centres Clearlease Reports Quebec is giving conditional support to a project that would revive one of Canada’s last-remaining asbestos mines — even though its own public-health experts have condemned the initiative.

A consortium of investors is hoping the province will guarantee a $58-million bank loan they say is crucial to restarting the cash-strapped Jeffrey Mine in the city of Asbestos.

Quebec’s economic development minister said Wednesday that with his government’s support the group should have little trouble completing the deal.

“Our gesture today will remove the uncertainty,” said Clement Gignac.

“We are removing the uncertainty (in affirming) that the Quebec government will continue to support the chrysotile (asbestos) industry, will continue to support the region.”

Gignac also said a $7.5-million fund will be created to help diversify the region’s economy. It will be financed, in part, on an annual basis by the mine’s anticipated revenues.

Canada’s embattled chrysotile asbestos industry — with its mining operations based entirely in Quebec — has faced widespread criticism around the world, and at home.

The directors of Quebec’s 18 regional public-health bureaus warned Gignac recently that restarting the mine would significantly increase the number of asbestos-related diseases —including cancer — among workers and in the general population.

The Canadian Cancer Society says chrysotile asbestos is responsible for more than 100,000 deaths around the world every year.

International health experts, labour groups and activists have also been urging the province to refrain from supporting the mine.

They are calling on the Quebec government to stop exports of the material to developing countries, where they say there’s no guarantee the substance is handled safely.

But supporters of the project insist chrysotile asbestos is safe to handle as long as guidelines are followed — even in the Third World.

A spokesman for one of the investors applauded the government’s decision.

“It’s obviously a step in the right direction,” said Guy Versailles, a spokesman for Montreal businessman Baljit Chadha, who has been selling asbestos for 15 years.

“We’re still working on what we have to do to bring this (deal) together.”

A relaunch of the Jeffrey Mine, which has been mostly dormant in recent years, would add another 25 years to the life of the operation. The government said it would create more than 400 full-time jobs in the central Quebec region.

Prime Minister Stephen Harper offered his support for the industry during a recent campaign-trail stop in the riding. The federal Liberals and NDP oppose the asbestos exports because of the health concerns.

Gignac admitted that Quebec could eventually toughen its regulations on asbestos.

The province’s exposure limit for dangerous asbestos fibres is 10 times higher than other parts of Canada and 100 times higher than some European countries.

“We believe that chrysotile can be used safely, but we’re not saying that we can’t have a tighter regulation,” he said.

“We’re taking note of the recommendations that have been made by the public-health agency and by doctors.”

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
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###

U.S. debt reduction ideas irking Tea Party and liberals alike - Dominion Lending Centres Clearlease

U.S. debt reduction ideas irking Tea Party and liberals alike – Dominion Lending Centres Clearlease

U.S. debt reduction ideas irking Tea Party and liberals alike – Dominion Lending Centres Clearlease

WASHINGTON – (April 14, 2011) Dominion Lending Centres Clearlease reports there are few political winners on Capitol Hill this week as a vote approaches on a long-term budget deal between Republicans and Democrats aimed at avoiding a government shutdown in the United States.

President Barack Obama is once again angering liberals and progressives by asserting the country’s most cherished entitlement programs — Medicare, Medicaid and Social Security — need to be reformed in order to help slash the country’s crushing US$14 trillion debt.

Republicans, meantime, are facing similar heat from the far-right reaches of their base. So-called Tea Party patriots are threatening to target establishment Republicans, including House of Representatives speaker John Boehner, in primaries leading up to the 2012 elections.

Why? Because they’ve failed to insist on more aggressive cuts.

House Republicans and Senate Democrats agreed last week to US$39 billion in spending cuts, the deepest in American history, in a deal that would keep the government funded for the remainder of fiscal 2011.

But their pact came after House Republicans originally voted to chop $61 billion in a package of cuts that included deep slashes to entitlement programs. The compromise with Democrats has prompted accusations by some Tea Party adherents that they caved.

In a highly anticipated speech on Wednesday, Obama suggested entitlement programs can no longer be considered the sacred cows of debt reduction while making a dig at Republicans, whose proposed cuts he referred to as “radical” in the prepared text of his remarks. The president dropped the word when delivering the speech.

“There are those who believe we shouldn’t make any reforms to Medicare, Medicaid, or Social Security out of a fear that any talk of change to these programs will usher in the sort of steps that House Republicans have proposed,” Obama said.

“I understand these fears. But I guarantee that if we don’t make any changes at all, we won’t be able to keep our commitments to a retiring generation that will live longer and face higher health care costs than those who came before.”

He stopped short of proposing deep cuts to those entitlement programs, however. The prospect of slashing social programs has angered several liberal groups in recent days.

It’s hardly the first time Obama has irked them — the left has bitterly complained about the president several times previously, including when he dropped the public option in last year’s sweeping health-care overhaul and failed to close down the Guantanamo Bay prison camp in Cuba as promised.

The liberal activist group MoveOn.org, which played a significant role in Obama’s presidential campaign in 2008, has denigrated his budget deal with Republicans while raising alarm bells that he might be pondering taking on some of his deficit commission’s ideas on debt reduction, including taking the axe to social programs.

Obama is playing a dangerous game, MoveOn says, since his actions could result in his Democratic base staying home in 2012.

Another liberal group, the Progressive Change Campaign Committee, says thousands of liberals have dished in e-mails that they will not donate a dime to Obama’s re-election campaign if Medicare or Medicaid are placed on the chopping block.

Nonetheless one debt hawk praised Obama on Wednesday. David Walker, the former comptroller general of the United States, said Obama’s speech “exceeded my expectations” and scoffed at liberals who insist social programs are sacrosanct when it comes to reducing debt.

“They’re in denial,” Walker, who now heads the Comeback America Initiative, said in an interview.

“There is clear and compelling evidence that the government has over-promised on entitlement programs, and the biggest threats to those programs now would be to under-react. It’s time to take action.”

The Republicans’ 2012 proposal, offered up by congressman Paul Ryan of Wisconsin, would eventually privatize Medicare and hand over control of Medicaid to individual states. But Obama warned Wednesday that such a scheme “is not a vision of the America I know.”

Tea Party disciples, on the other hand, say Republicans haven’t gone nearly far enough to address the country’s debt woes. John Boehner, speaker of the House of Representatives, is a particular target of their ire.

“Now it is time to fire John Boehner along with Barack Obama in 2012,” writes John Snyder at The American Dream, a libertarian blog.

“Boehner must go. If the Tea Party is serious about cutting government spending then they must hold John Boehner accountable and go after his seat during the next primary season.”

Rand Paul, a Tea Party favourite who’s now a Kentucky senator, has hinted he’s girding for battle on the Senate floor, suggesting he’ll hold up passage of the bill that could be subject to a vote as early as Thursday. The legislation would keep the government funded for the remainder of fiscal 2011.

Paul said Wednesday he’s considering employing a filibuster, a popular congressional manoeuvre that means a bill must have 60 votes before it passes and is sent on its way to the president’s desk to be signed into law.

A filibuster would make it onerous for senators to pass the budget deal by midnight Friday, when the government’s latest spending measure expires.

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
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###

U.S. debt reduction ideas irking Tea Party and liberals alike - Dominion Lending Centres Clearlease

WASHINGTON – (April 14, 2011) Dominion Lending Centres Clearlease reports there are few political winners on Capitol Hill this week as a vote approaches on a long-term budget deal between Republicans and Democrats aimed at avoiding a government shutdown in the United States.

President Barack Obama is once again angering liberals and progressives by asserting the country’s most cherished entitlement programs — Medicare, Medicaid and Social Security — need to be reformed in order to help slash the country’s crushing US$14 trillion debt.

Republicans, meantime, are facing similar heat from the far-right reaches of their base. So-called Tea Party patriots are threatening to target establishment Republicans, including House of Representatives speaker John Boehner, in primaries leading up to the 2012 elections.

Why? Because they’ve failed to insist on more aggressive cuts.

House Republicans and Senate Democrats agreed last week to US$39 billion in spending cuts, the deepest in American history, in a deal that would keep the government funded for the remainder of fiscal 2011.

But their pact came after House Republicans originally voted to chop $61 billion in a package of cuts that included deep slashes to entitlement programs. The compromise with Democrats has prompted accusations by some Tea Party adherents that they caved.

In a highly anticipated speech on Wednesday, Obama suggested entitlement programs can no longer be considered the sacred cows of debt reduction while making a dig at Republicans, whose proposed cuts he referred to as “radical” in the prepared text of his remarks. The president dropped the word when delivering the speech.

“There are those who believe we shouldn’t make any reforms to Medicare, Medicaid, or Social Security out of a fear that any talk of change to these programs will usher in the sort of steps that House Republicans have proposed,” Obama said.

“I understand these fears. But I guarantee that if we don’t make any changes at all, we won’t be able to keep our commitments to a retiring generation that will live longer and face higher health care costs than those who came before.”

He stopped short of proposing deep cuts to those entitlement programs, however. The prospect of slashing social programs has angered several liberal groups in recent days.

It’s hardly the first time Obama has irked them — the left has bitterly complained about the president several times previously, including when he dropped the public option in last year’s sweeping health-care overhaul and failed to close down the Guantanamo Bay prison camp in Cuba as promised.

The liberal activist group MoveOn.org, which played a significant role in Obama’s presidential campaign in 2008, has denigrated his budget deal with Republicans while raising alarm bells that he might be pondering taking on some of his deficit commission’s ideas on debt reduction, including taking the axe to social programs.

Obama is playing a dangerous game, MoveOn says, since his actions could result in his Democratic base staying home in 2012.

Another liberal group, the Progressive Change Campaign Committee, says thousands of liberals have dished in e-mails that they will not donate a dime to Obama’s re-election campaign if Medicare or Medicaid are placed on the chopping block.

Nonetheless one debt hawk praised Obama on Wednesday. David Walker, the former comptroller general of the United States, said Obama’s speech “exceeded my expectations” and scoffed at liberals who insist social programs are sacrosanct when it comes to reducing debt.

“They’re in denial,” Walker, who now heads the Comeback America Initiative, said in an interview.

“There is clear and compelling evidence that the government has over-promised on entitlement programs, and the biggest threats to those programs now would be to under-react. It’s time to take action.”

The Republicans’ 2012 proposal, offered up by congressman Paul Ryan of Wisconsin, would eventually privatize Medicare and hand over control of Medicaid to individual states. But Obama warned Wednesday that such a scheme “is not a vision of the America I know.”

Tea Party disciples, on the other hand, say Republicans haven’t gone nearly far enough to address the country’s debt woes. John Boehner, speaker of the House of Representatives, is a particular target of their ire.

“Now it is time to fire John Boehner along with Barack Obama in 2012,” writes John Snyder at The American Dream, a libertarian blog.

“Boehner must go. If the Tea Party is serious about cutting government spending then they must hold John Boehner accountable and go after his seat during the next primary season.”

Rand Paul, a Tea Party favourite who’s now a Kentucky senator, has hinted he’s girding for battle on the Senate floor, suggesting he’ll hold up passage of the bill that could be subject to a vote as early as Thursday. The legislation would keep the government funded for the remainder of fiscal 2011.

Paul said Wednesday he’s considering employing a filibuster, a popular congressional manoeuvre that means a bill must have 60 votes before it passes and is sent on its way to the president’s desk to be signed into law.

A filibuster would make it onerous for senators to pass the budget deal by midnight Friday, when the government’s latest spending measure expires.

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
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###

U.S. debt reduction ideas irking Tea Party and liberals alike – Dominion Lending Centres Clearlease

WASHINGTON – (April 14, 2011) Dominion Lending Centres Clearlease reports there are few political winners on Capitol Hill this week as a vote approaches on a long-term budget deal between Republicans and Democrats aimed at avoiding a government shutdown in the United States.

President Barack Obama is once again angering liberals and progressives by asserting the country’s most cherished entitlement programs — Medicare, Medicaid and Social Security — need to be reformed in order to help slash the country’s crushing US$14 trillion debt.

Republicans, meantime, are facing similar heat from the far-right reaches of their base. So-called Tea Party patriots are threatening to target establishment Republicans, including House of Representatives speaker John Boehner, in primaries leading up to the 2012 elections.

Why? Because they’ve failed to insist on more aggressive cuts.

House Republicans and Senate Democrats agreed last week to US$39 billion in spending cuts, the deepest in American history, in a deal that would keep the government funded for the remainder of fiscal 2011.

But their pact came after House Republicans originally voted to chop $61 billion in a package of cuts that included deep slashes to entitlement programs. The compromise with Democrats has prompted accusations by some Tea Party adherents that they caved.

In a highly anticipated speech on Wednesday, Obama suggested entitlement programs can no longer be considered the sacred cows of debt reduction while making a dig at Republicans, whose proposed cuts he referred to as “radical” in the prepared text of his remarks. The president dropped the word when delivering the speech.

“There are those who believe we shouldn’t make any reforms to Medicare, Medicaid, or Social Security out of a fear that any talk of change to these programs will usher in the sort of steps that House Republicans have proposed,” Obama said.

“I understand these fears. But I guarantee that if we don’t make any changes at all, we won’t be able to keep our commitments to a retiring generation that will live longer and face higher health care costs than those who came before.”

He stopped short of proposing deep cuts to those entitlement programs, however. The prospect of slashing social programs has angered several liberal groups in recent days.

It’s hardly the first time Obama has irked them — the left has bitterly complained about the president several times previously, including when he dropped the public option in last year’s sweeping health-care overhaul and failed to close down the Guantanamo Bay prison camp in Cuba as promised.

The liberal activist group MoveOn.org, which played a significant role in Obama’s presidential campaign in 2008, has denigrated his budget deal with Republicans while raising alarm bells that he might be pondering taking on some of his deficit commission’s ideas on debt reduction, including taking the axe to social programs.

Obama is playing a dangerous game, MoveOn says, since his actions could result in his Democratic base staying home in 2012.

Another liberal group, the Progressive Change Campaign Committee, says thousands of liberals have dished in e-mails that they will not donate a dime to Obama’s re-election campaign if Medicare or Medicaid are placed on the chopping block.

Nonetheless one debt hawk praised Obama on Wednesday. David Walker, the former comptroller general of the United States, said Obama’s speech “exceeded my expectations” and scoffed at liberals who insist social programs are sacrosanct when it comes to reducing debt.

“They’re in denial,” Walker, who now heads the Comeback America Initiative, said in an interview.

“There is clear and compelling evidence that the government has over-promised on entitlement programs, and the biggest threats to those programs now would be to under-react. It’s time to take action.”

The Republicans’ 2012 proposal, offered up by congressman Paul Ryan of Wisconsin, would eventually privatize Medicare and hand over control of Medicaid to individual states. But Obama warned Wednesday that such a scheme “is not a vision of the America I know.”

Tea Party disciples, on the other hand, say Republicans haven’t gone nearly far enough to address the country’s debt woes. John Boehner, speaker of the House of Representatives, is a particular target of their ire.

“Now it is time to fire John Boehner along with Barack Obama in 2012,” writes John Snyder at The American Dream, a libertarian blog.

“Boehner must go. If the Tea Party is serious about cutting government spending then they must hold John Boehner accountable and go after his seat during the next primary season.”

Rand Paul, a Tea Party favourite who’s now a Kentucky senator, has hinted he’s girding for battle on the Senate floor, suggesting he’ll hold up passage of the bill that could be subject to a vote as early as Thursday. The legislation would keep the government funded for the remainder of fiscal 2011.

Paul said Wednesday he’s considering employing a filibuster, a popular congressional manoeuvre that means a bill must have 60 votes before it passes and is sent on its way to the president’s desk to be signed into law.

A filibuster would make it onerous for senators to pass the budget deal by midnight Friday, when the government’s latest spending measure expires.

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
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