How quality shapes the vehicle market
By Dennis DesRosiers The three most important words that have shaped the automotive industry, and, more importantly, the automotive finance industry in the last 30 years are Quality, Quality and Quality. Over this timeframe the automotive sector has invested tens of billions of dollars into improving the quality of vehicles …
U.S. market on expectations roller-coaster
By Brendan Read The U.S. equipment finance and leasing market continues to be strong, driven by a booming economy. This also bodes well for the Canadian equipment market, what with Canada’s economy dependent on exports to the U.S.. The agreement to remove punitive steel and aluminum tariffs and a hoped-for …
Strong growth signals rail investments
By Brendan Read High demand, accelerated by a strong economy and resulting impressive revenue growth have signalled to Canada’s major railways to invest more in their rolling stock, both locomotives and railcars. Here is a snapshot of the nationwide carriers: Canadian National Railway (CN) CN recorded $14.32 billion in revenues …
Reasons to attend CFLA Annual Conference
By Michael Rothe On September 18 and 19, 2019, the Canadian Finance & Leasing Association (CFLA) will hold our 46th Annual Conference at the Westin Bayshore Hotel in Vancouver, B.C.. As with past conferences, this year’s CFLA Annual Conference will provide delegates with economic, technological and operational trends, data and …
More rapid transit down the tracks
By Brendan Read Movement is now underway for further expansions of, and added service on, the rail transit networks in two of Canada’s largest urban areas over the next 10 to 12 years. And that bodes well for commuters, communities: and suppliers. Greater Toronto Hamilton Area Ontario Premier Doug Ford …
Leveraging technology to go green
By Travis Melchior Going green is becoming a directive more than a movement, especially here in Canada. The Canada’s Changing Climate Report (CCCR), released April 2, 2019 by Environment and Climate Change Canada, states that we are experiencing overall warming at twice the global average. Average precipitation is projected to …
Leasing equipment?
By Bruce Allingham Have you ever thought about leasing your equipment? Do you know what questions to ask? There are many things to consider when choosing between leasing and financing equipment. These include upfront costs, cash flow, maintenance costs and of course tax implications. You should ask your accountant which …
Consumers leave financing to the experts: for now
By Kevin Deveau Given the new and exciting innovations introduced and managed by artificial intelligence (AI) in cars and other modes of transportation, it’s becoming more and more clear that the automotive industry is experiencing a tremendous shift in how people use their cars: and how they purchase them. There …
Chorus Aviation continues upward
By Brendan Read Chorus Aviation’s flight path continues its ascent. The Halifax, Nova Scotia-based company owns Jazz Aviation LP, Voyageur Aviation Corp. and Chorus Aviation Capital (CAC) and has a vision to deliver regional aviation to the world. Chorus reported that its first quarter 2019 operating revenue grew 6.2 per …
Canada’s truck fleet on cusp of change
By Brendan Read Canada’s trucking fleet, both for-hire and private, is unlikely to grow in the next few years. According to the Private Motor Truck Council of Canada (PMTC) (www.pmtc.ca) the split is roughly 50/50 between for-hire and private class 8 trucks on the road, with private fleets accounting for …