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Avison Young defaults on debt payments, gets credit downgrade

In addition to the downgrade, S&P said that its view of Avison’s management and governance has taken a turn for the worse

Real Estate Firm Avison Young Nears Restructuring After Default

(Bloomberg) Real estate services firm Avison Young (Canada) Inc. says it’s close to finishing a restructuring to clean up its balance sheet after it defaulted on a senior term loan, causing a ratings downgrade. Most Read from BloombergBuffett Says ‘Eye-Popping’ Results Unlikely With Record CashBezos, Nvidia Join OpenAI in Funding Humanoid Robot StartupUS Unveils Biggest Sanctions Package on Russia Since War BeganBlackstone CEO Schwarzman Collected $896.7 Million Last YearWall Street Traders A

Real Estate Firm Avison Young Defaults on Canada Loan, S&P Says

Real Estate Firm Avison Young Defaults on Canada Loan, S&P Says
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Vancouverites are returning to the city s downtown office towers, restaurants and bars at the highest rate in nearly a year - BC News

Vancouverites are returning to the city s downtown office towers, restaurants and bars at the highest rate in nearly a year - BC News
castanet.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castanet.net Daily Mail and Mail on Sunday newspapers.

Investor complaints spike in 2020 | Investment Executive

James Langton When markets drop, a surge in investor complaints usually follows. Indeed, complaint volumes throughout the investment industry rose in 2020. Last year’s turmoil wasn’t just a run-of-the-mill financial crisis; it was also a dramatic shift to remote work for the investment industry, relaxed regulatory requirements (often necessitated by remote work) and an increase in fraudsters and hackers seeking to take advantage of new vulnerabilities. The economic disruption meant many households and, by extension, retail investors suffered mightily. The Canadian Foundation for Advancement of Investor Rights (a.k.a. FAIR Canada) stressed this reality in a recent submission to the Ontario Securities Commission (OSC).

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