WELCOME !

Thanks for dropping in for some hopefully great business info and on occasion some hopefully not too sarcastic comments on the state of Business Financing in Canada and what we are doing about it !

In 2004 I founded 7 PARK AVENUE FINANCIAL. At that time I had spent all my working life, at that time - Over 30 years in Commercial credit and lending and Canadian business financing. I believe the commercial lending landscape has drastically changed in Canada. I believe a void exists for business owners and finance managers for companies, large and small who want service, creativity, and alternatives.

Every day we strive to consistently deliver business financing that you feel meets the needs of your business. If you believe as we do that financing solutions and alternatives exist for your firm we want to talk to you. Our purpose is simple: we want to deliver the best business finance solutions for your company.



Thursday, December 17, 2009

THE LCBO AND ME ..

The Globe and Mail front page Report on business today indicated the Ontario govt will reduce debt by proposing to sell the assets of LCBO, ONTARIO POWER, HYDRO ONE, and THE ONTARIO LOTTERY CORP .

In general most entrepreneurs like myself are in favor of privatization . If you have every walked through a Hydro head office ( I have ) you can sense there's room for improvement in those thousands of cubicles .

Given that the gov't has generated a 24 Billion ( yes that's billion ) dollar deficit it would seem at first glance that number could be reduced greatly by the asset sale .

I only have two problems with that -

1. If the government uses the funds as wisely as they did for the E-Health debacle we are in trouble
2. Will I still be able to get a decent wine selection at the LCBO as my tastes are moving upscale - and if you have ever been to a privately owned liquor store ( I have ) you know its about fast moving low priced inventory
Stan

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