Dylan Suitor News Today

Based on bank records and interviews with the people involved the business, the report alleges conflicts of interest, questionable capital controls and accounting, as well as personal spending with corporate funds by directors of the company

Justice Jessica Kimmel extended the stay of proceedings last week against the enterprise, referred to collectively in court documents as Balboa et al, until March 28 as it seeks court protection while it reorganizes

In a 2022 promotional video, Robby Clark stands at the bow of a yacht, arms raised to the sky as a camera circles overhead. "You can stick me in the desert with nothing and I’m going to come out owning the desert," he says. Less than two years later, his Ontario real estate empire is under bankruptcy protection, owing hundreds of lenders tens of millions of dollars.

A small group of landlords who own hundreds of rental properties across the province have run out of money, owe over $144 million in unpaid loans and face dozens of lawsuits from creditors, according to documents filed with the Ontario Superior Court of Justice.

Nine tenants at 1083 Main St. E. had no running water from Dec. 28 to March 24 after city staff 'turned their backs on us completely," one tenant says.

Hamilton councillors are just days away from addressing renoviction bylaws and expansion of a tenant defence fund – aiding groups fighting termination notices.

It’s flowing again through the taps at 1083 Main St. E., but residents still expect action from city officials

Pulling oneself up by one’s bootstraps is all well and good but making sure the next generation has at least some firm ground to stand on as they strive to reach their goals might be even better.

Pulling oneself up by one’s bootstraps is all well and good but making sure the next generation has at least some firm ground to stand on as they strive to reach their goals might be even better. Even though it might seem like the biggest generational wealth has already been…