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How battle over MLS rules could cut real estate fees


The Globe and Mail
MARTIN OESER
Published February 8, 2010
This article was published more than 10 years ago. Some information in it may no longer be current.
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Competition Bureau challenges MLS rules
The Competition Bureau is trying to strike down rules governing the multiple listing service, or MLS, system that s used by most home sellers to list their properties. The MLS system includes information available only to members of the Canadian Real Estate Association, which is too restrictive, the bureau said in a statement today. The regulator also wants consumers to be able to pay a fee to list homes without being obliged to take a host of other services, which could lower the MLS fees, and negotiate property sales without using an agent. The bureau has filed an application to the Competition Tribunal, which will decide the matter. The watchdog said it attempted to strike a deal with CREA, but that failed and i ....

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Innovative Financing Strategies Create Operational Cashflow during COVID-19


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FAIRFIELD, Conn., Jan. 28, 2021 /PRNewswire/  HJ Sims (Sims), a privately held investment bank and wealth management firm founded in 1935, is pleased to announce the closing of a number of financings utilizing innovative financing strategies to create operational cashflow and advantageous results for senior living organizations.  
The
Tax Cuts and Jobs Act of 2017 (the 2017 TCJA) had an enormous impact on the municipal bond market with the elimination of advance refundings. In 2018, Sims identified alternative strategies in the absence of advance refundings. Strategies included (1) Cinderella bank-held bonds, (2) taxable fixed rate advanced refundings, (3) forward refundings and (4) tender offers. ....

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Why it's time to stop worrying about your children's screen time during COVID-19


Why it’s time to stop worrying about your children’s screen time during COVID-19
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DARRYL DYCK/The Globe and Mail
Michelle Deshaw’s 12-year-old son plays
Fortnite for two hours every day.
As he sits in his Vancouver home, his avatar runs across an island using a sniper rifle and other weapons to pick off players in a game of kill or be killed, all the while hanging out with friends, chatting together on an app called Discord from their homes scattered across the city. ....

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