2013 Capital Markets Mid-Year Report by Torys
The 2013 Capital Markets Mid-Year Report published by Torys includes a review of the Canadian high yield debt market, US capital markets, Canadian oil and gas and more.
Ten Reasons to Overweight Commodities
Some arguments from JP Morgan in support of being net long commodities.
The Value of Independent Valuation Reports When Selling a Business: Not Much
The Value of Independent Valuation Reports When Selling a Business: Not Much.
Projections Used In An Auction Process
Bullish financial projections do not attract a higher price for a business. In fact, they speak to lack of credibility of the vendor and their advisers and potentially damage the functioning of the auction.
Tax Treatment of Future Obligations Assumed by a Purchaser
A recent Supreme Court of Canada decision on the tax treatment of assumed future obligations has great relevancy to mining and other resource transactions.