Read More - Meridian Development

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bu s i n e s s
Saturday, February 15, 2014
The Saskatoon StarPhoenix • thestarphoenix.com
Meridian,
Affinity given
Heritage Awards
The StarPhoenix
Affinity Credit Union and
Meridian Development
Corp. were the joint recipients of two Heritage Awards
from the municipal heritage
advisory committee and the
City of Saskatoon.
They received awards in
the Adaptive Reuse and Sensitive Addition categories
for re-purposing the former
Wilson School and First Nations University of Canada
building in City Park into office space for use by Affinity
as its corporate campus.
“As a local credit union,
we are committed to heritage conservation and have a
strong commitment to being
good stewards of the city’s
heritage resources,” said Affinity CEO Mark Lane in a
news release.
“Throughout the construction process, it was important for us to work alongside
Meridian and other contractors to maintain the look of
the original building and to
ensure it would be pleasing
to the local community.”
“Our partner Affinity
shared the same philosophy
of retaining our built heritage and ensuring that this
building is something the
neighbourhood could be
proud of,” added Karl Miller,
president of Meridian. “The
adaptive reuse of the building is one of the most unique
repurposing we have seen in
the country.”
The 69,000-square-foot
building offers an openconcept working space and,
in keeping with the credit
union’s environmental
strategy, incorporates many
green building features.
RICHARDMARJAN/The StarPhoenix
Affinity Credit Union and Meridian Development Corp. received Heritage Awards for the repurposing the former Wilson
School and First Nations University of Canada building in City Park.
Canada for the regional title
and the chance to move on to
the 2014 Enactus Canada National Exposition in Calgary
taking place April 28-30.
The national champion will
receive a $10,000 cash prize
and take home the John
Dobson Cup.
Student entrepreneur
champion
University of Saskatchewan student Anastasia
Szalasznyj, owner of Winter
Girl Boots & Accessories, has
been named Saskatchewan’s
2014 Student Entrepreneur
provincial champion.
The award was given as
part of the Student Entrepreneur National Competition.
Winter Girl Boots & Accessories offers customers
stylish boots designed with
winter in mind; boots of
vegan-leather that are lined
with deeply embedded grips.
Szalasznyj will showcase
her business and personal
accomplishments as an en-
Best Diversity
Employer
Anastasia Szalasznyj
trepreneur at the Enactus
Canada Regional Exposition
— Western Canada in Calgary on Feb. 28, where she
will compete for the title of
regional champion.
Szalasznyj will compete
against three other Student
Entrepreneur provincial
champions from Western
For the fifth successive
year, Cameco Corp. has been
selected by the Globe and
Mail as one of Canada’s Best
Diversity Employers for
2014.
The annual competition
recognizes Canadian employers that have exceptional workplace diversity and
inclusiveness programs. Selection to the list was based
on information submitted
for the 2014 Canada’s Top 100
Employers competition.
The recognition follows
Cameco’s recent listings as
one of Canada’s Top 100 Employers and Saskatchewan’s
Top Employers.
“This award recognizes
our long-standing track record in aboriginal and Metis
employment,” said Tim Gitzel, Cameco president and
CEO, in a news release. “We
are proud to be Canada’s
leading industrial employer
of aboriginal people and
of the proactive approach
we take to support career
growth in this sector of our
workforce.”
Resources
Loan guarantees for
aboriginals considered
Andrew Mayeda
and Ari Altstedter
Bloomberg
Toronto — Canada is
considering loan guarantees for aboriginals
that would make it more
feasible for them to take
equity stakes in resource
projects, documents
show.
“There is merit to the
concept of aboriginal-equity ownership in major
resource opportunities,
and the use of government loan guarantees
is a feasible option to
promote these arrangements,” said a briefing
note prepared by officials
at the Aboriginal Affairs
ministry before a Sept.
23 meeting with the First
Nations Financial Management Board.
The plan is part of a
broader push by Canada
to bolster support for energy infrastructure such
as Enbridge Inc.’s Northern Gateway pipeline.
Bonds issued by aboriginal groups and backed by
Canada may be attractive
to investors because they
would carry the security
of a AAA rating while offering a higher yield than
typical government debt.
The proposed debt
would entice buyers if
the Canadian government provides “explicit
support” and there’s a
“meaningful” spread
over other securities, said
Jonathan Lemco, senior
sovereign-debt analyst at
Vanguard Group Inc. mutual fund company.
When Newfoundland
and Labrador’s power
authority sold $5 billion
in bonds last year with a
federal guarantee, those
notes yielded 50 to 55
basis points more than
Government of Canada
bonds.
The government created the First Nations
Financial Management
Board in 2005 to support
economic development in
aboriginal communities.
The board would provide “financial certification” to aboriginal
groups interested in raising debt to buy equity in
a resource project, according to a Sept. 18 letter
to the government by the
board’s executive chairman, Harold Calla.
The finance authority would issue the debt,
which would carry Canada’s top credit rating and
yield about four per cent,
he said.
Meet our Newest
Tax Advisor
Jayson Peace
MPAcc, MSTax (U.S.),
CA, CPA (Illinois)
Thomson Jaspar is pleased
to announce the recent
hiring of Jayson Peace.
Jayson brings over 15
years of tax knowledge in
the areas of small business,
personal tax and U.S. Tax.
JARVIS REIN, CFA
Vice President, Finance
Everett J. Kearley, P.Eng., Chairman of The Millennium
III Group of Companies, is pleased to announce the
appointment of Mr. Jarvis Rein, CFA, to the position
of Vice President, Finance. Mr. Rein specialized in
finance while obtaining his Bachelor of Commerce
(with Great Distinction) from the University of
Saskatchewan, and in 2012 earned his Chartered
Financial Analyst designation. He has been involved
in real estate acquisitions, mortgage financing, and
the development of financial models for syndication at
Millennium III since 2003.
The Millennium III Group of Companies has been
syndicating commercial real estate through limited
partnership structures for over 30 years. Based in
Saskatoon, with offices in Alberta, Millennium III
currently maintains a portfolio of over $300 million in
investment property throughout Western Canada on
behalf of over 1,300 investors.
Congratulations to Aaron Beattie for
being named to Canada’s list of
TOP 30 ELITE BROKERS
Aaron wants to thank his customers and his co-workers
at HOFFMANN KOOL INSURANCE for their support.
Aaron believes that you need
an unwavering commitment
to customer service and
that if you want to
be a cut above you
need to visit clients in
person and make a
genuine
connection.
SAS03002206_1_1
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INVEST with
TCU Financial Group
2.25
%*
31 Month Term Deposit
has acquired
Regina (306) 546-7800
2615 E Quance Street
4500 Rochdale Boulevard
Saskatoon (306) 651-6500
2311 Arlington Avenue
307 Ludlow Street
Account Managers available weekdays until 8 p.m.
Visit us online or call today to book an appointment.
*2.25% on all deposits of $100,000 or
greater, for deposits less than $100,000
please contact one of our branches.
Limited time offer.
MNP Corporate Finance Inc. acted as the financial advisors
to Ardel Steel in structuring and negotiating this transaction.
For more information,
contact Brett Franklin, CA
at 204.336.6190
or [email protected]
A Saskatchewan Credit Union since 1952
tcufinancialgroup.com
MNPcorporatefinance.ca
400-15 23rd Street East Saskatoon, SK S7K 0H6
Phone: 306.244.4414
Toll-free: 1.800.579.4414
www.thomsonjaspar.ca
Financing | Divestitures | Transaction Services
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