27 Mar 2012

CIBC report: Canada’s corporations in great shape

A new report by the Canadian Imperial Bank of Commerce find that Canada's corporate business sector is very healthy, claiming the country's corporations are at the strongest in nearly 25 years.The report says that Corporate Canada is "fit as a fiddle," which bodes well for the country's economy. The Globe and Mail reports that the CIBC's index is made up of various financial metrics, such as debt-to-equity ratios, profit margins and returns on capital.The report's findings are in line with other good news from Canada's business sector. A recent Forbes article named Canada the Best Country for Business in the world, citing its strong economy, high quality of living and generous taxation structure. The analytic firm KPMG also recently released a report that identified many cities in Canada as offering more affordable business costs than the United States.Those who want to save money further should look into document storage options. There are many Toronto storage solutions available for both big…

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23 Mar 2012

A recently released population survey shows that Canada's overall population grew by 0.2 percent in 2011, with the fastest growth coming in the prairie territories.Alberta, Manitoba and Saksatchewan all experienced booming growth, mainly from Canadians who opted to move west. Saskatchewan, in fact, had its highest population growth in 60 years, according to the report by Statistics Canada. The province now has more than 1 million residents for the first time in history."Western Canada is growing rapidly," Statistics Canada demographer Julien Berard-Chagnon told the Ottawa Star. "For many years, Saskatchewan lost people to other provinces. Now, they are gaining people."Ontario and Quebec both grew by 0.2 percent, in step with the national average. One important point to note was that…

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23 Mar 2012

A majority of Canadians would rather renovate their home than sell it if it turned out their abode needed major work, according to the 19th Annual RBC Homeownership Poll.According to the survey, 83 percent say they would rather make major improvements on their home than go through the process of listing it and finding a new place to live."Canadians are more likely to customize their homes based on their personal preferences rather than buying new. Setting a strict budget can help you stay on track," said Richard Goyder, vice-president of Personal Lending at RBC.Homeowners indicated that the bathroom and kitchen were the rooms most likely for renovation, although the basement was also a common answer. Renovating a room inside a…

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23 Mar 2012

A new study by the analytic firm KPMG looks at which cities are most affordable for businesses in Canada.Small cities like Moncton, Fredericton, Halifax and Trois-Rivieres topped the list, all coming in considerably lower than the average city in the United States. In fact, most Canadian cities demonstrated that it's cheaper to do business in Canada.Among the major cities, Quebec City and Montreal placed highest, at sixth- and seventh-cheapest respectively. Other major hotspots included Winninpeg (8th), Toronto (12th), Edmonton (13th), Vancouver (14th) and Calgary (16th).One way to keep costs down is to use small business storage. There are a number of options for affordable self storage in Toronto and other cities when it comes to places for businesses to store…

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22 Mar 2012

The Feinstein Foundation is a non-profit organization involved in a number of charitable causes. Every year, the Foundation runs the annual Feinstein Challenge, which tasks local businesses and groups from across the country with raising money and food to fight hunger.The idea behind the challenge is simple. The Feinstein Foundation budgets $1 million for the challenge, but asks each group to fundraise on their own as an incentive. The business or group then goes and raises as much as they can in donations, with the money and food going to local organizations.Once the group provides proof to the Feinstein Foundation of how much they raised in food and money, the Feinstein foundation will then give them a donation – up…

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21 Mar 2012

Canada has an extremely high standard of living, and a number of different cities across the country make good choices for those looking to find a place to live. MoneySense recently revealed its annual list of the best places to live in Canada, and Ottawa once again took the top spot.Although the city did not dominate any of the many categories that the news outlet considered, it did consistently well in just about all of them, with no real weaknesses. The city of Burlington in Ontario came close in the second spot overallOne of the big movers on the list compared to the previous year was Toronto, which moved up more than 40 spots to crack the top 50. Toronto…

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21 Mar 2012

NFL safety Roy Williams retired recently, but that doesn't mean he's out of a job completely. The football star is spending his newfound free time bidding on storage units, a practice that has become popular due to the reality show "Storage Wars."In fact, the former Dallas Cowboys player showed up on a recent episode of "Storage Wars Texas." When two of the bidders found a storage container full of signed sports memorabilia, they took the goods to Williams in order to ensure that they were legit. Williams helped them out, but asked if he could tag along with them to a few storage auctions in the future.The NFL star will reportedly be featured in future episodes, according to DFW.com. Unlike…

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19 Mar 2012

Jiffy Self Storage is giving away an iPad 3 and other cool technological gadgets through its new Famous Landmark contest.The contest is amazingly simple to enter. Simply go to Jiffy's official site and watch a quick video showing some famous landmarks from around Toronto. On the next page, each entrant will be asked to match up audio cues from the video with the landmark in question. Qualifying entries will be entered to win an iPad 3 and a Dell Laptop.It's worth entering right away, as there's a bonus Early Bird Prize available for those who complete their entries as soon as possible. These contestants will be entered to win a Kindle Fire tablet computer.Contestants can also earn bonus entries by…

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16 Mar 2012

The life of a military family can be hectic, as deployment schedules and reassignments can cause soldiers and their families to move all over. This trend has resulted in an uptick of military families renting at self storage facilities near Fort Drum, New York, reports The Watertown Daily Times.Many soldiers have been assigned to the fort ahead of their deployment overseas, and finding housing in the region is becoming tricky. Owners of affordable self storage units in the area say that they've seen a rise in the number of military families using their services."The people who are now arriving are picking up their wives and families to get housing," Walter VanTassel, who owns one such facility, told the publication. "They…

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16 Mar 2012

Apple fans have begun lining up across Canada today in order to get their hands on the new iPad, which went on sale in The Great White North at 8 a.m.Lines queued around the block at Apple stores as people hoped to buy the latest gadget. The new iPad, which Apple has not yet officially called the "iPad 3," boast a faster processor, an improved camera, and a much sharper and clearer display than its predecessor.Like most new Apple products, sales are expected to be high, especially when the product is first released. Some people opted to camp outside the store in order to get one of the devices.As technology progresses at a rapid pace, it's easier than ever to…

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16 Mar 2012

Many people from around the world are looking to move to Canada, but establishing residency in the country can be a long process. The country does have a little-known loophole, however, known as the Immigrant Investor Program.The Immigrant Investor Program allows wealthy people looking to move to Canada to immediately be granted permanent residency if they loan the Canadian government $800,000 for five years. The program has become immensely popular with elites, with many chartering private planes in order to sign up within minutes of the program opening. According to The National Post, the program has already reached its limit of 700 people for the year.Government officials are now looking to re-work the program, reasoning that interest is so high…

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15 Mar 2012

Home sales continue to rise in Canada, according to recent data released by the Canadian Real Estate Association.February sales of homes in Canada grew by 1.4 percent compared to the previous month, continuing the momentum the real estate market has picked up in recent months. Prices continue to go up as well, although this is beginning to concern policymakers in The Great White North. Fears of a housing bubble bursting, as happened with the economic recession, could prompt some changes from federal legislators in the near future."The monthly jump will raise eyebrows in Ottawa, where policymakers are growing more concerned about the risks of an overshoot in home prices (and related mortgage debt) that would set Canada up for a…

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13 Mar 2012

The show "Storage Wars" has cast a spotlight on the practice of selling storage units at auction, but many people don't realize what happens before these auctions start. Typically, the sale of a storage unit is the result of someone not paying their rental bill for several months. However, the laws in some states can make it difficult for self storage owners to track people down.In Florida, for example, the current law states that the storage facility owner has to ensure that the person has received the notice of their impending sale, giving them a chance to settle their debt. The transfer of a storage unit and its contents is known as a lien – a term that refers to…

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12 Mar 2012

Many customers may envision nearly all self storage facilities as exactly the same, but a few businesses do things that set themselves apart, according to Self Storage News.While some facilities are beginning to offer specialized services like climate-controlled units or home office storage, one facility in Port Aransas, Texas, decided to combine two businesses in one. Not only does the owner, Laura Armstead, rent out units like any other storage facility, but she also runs a gift shop on the very same site.Armstead realized that many self storage customers are people who are buying a new house or renovating their existing one, and are thus in the market for new decorations. Her gift shop fills this niche and has grown…

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12 Mar 2012

Beginning March 15th, storage facilities will need to comply with the new rules instituted by the most recent Americans with Disabilities Act (ADA), which protects the rights of disabled civilians.According to the new law, five percent of the first 200 storage units much be handicapped accessible, reports Inside Self Storage. For any units over the first 200, only two percent must be handicapped-friendly. However, self storage facilities do not have to hold these units for disabled customers. If the other units are taken up and a renter wants one of these spaces, they can use them.In addition, the new law may not necessitate changes. If an owner is in compliance with the ADA standards set in 1991, they will not…

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8 Mar 2012

A Chicago self storage business is giving back to the community by hosting an event that will combine a blood drive with the city's annual Merchant Day, which is designed to highlight small businesses in the area.The self storage facility will be hosting a blood drive that is expected to draw interest from across the community. The blood drive will be held on Merchant Day, so the facility is also letting its tenants who use the facility for small business storage open up their containers and show their wares to the public."We wanted to include Merchant Day because we have a few tenants that have small businesses and wanted to help them out and also generate new business," said co-owner…

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8 Mar 2012

Last week, tornadoes stormed through Alabama, Kentucky, Tennessee and Indiana, leaving many homeless and with no place to keep their possessions. Fortunately, at least one kind self storage facility owner stepped up to the plate.Storage facility owner Bama Clines told survivors of the hurricane that they could store things in his facility for up to one month free of charge after the disaster, according to WAFF in Alabama. A number of people have already taken Clines up on his offer, though the storage facility owner said that their were still units available for those who needed them.Clines said that storage units were a good way to keep valuable possessions dry, which could be a big issue for those who had…

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6 Mar 2012

Controversy over the purchase of a self storage facility in Idaho has led the state's legislature to draft a new bill that would restrict the government from buying up businesses in the future.In 2010, the Idaho Land Board bought a self storage facility in order to generate revenue for the public endowment, reports The Associated Press. However, the act raised questions of fairness, as a state-run company could have an unfair advantage on the open market compared to privately run facilities.The state bought the self storage company because it was a sound investment that would continue to make money during the recession. Self storage businesses have been performing well even during the economic downturn due to the fact that almost…

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1 Mar 2012

How many boxes of Girl Scout Cookies can fit into a self storage unit? Troop 346 and 475 of Chicago, Illinois, hope to find out when they host a massive sale this weekend at a nearby storage facility.Troop Leader Camille Allen approached the owners of the facility about helping the Girl Scouts raise money by selling the famous cookies. The owners thought it was a great idea and offered up some containers for the girls to use. They also emailed tenants at the facility, urging them to come by and pick up some cookies. Advertisements for the big sale have also been placed in local publications.The Girl Scouts will take over the units this weekend for several hours, storing the…

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