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CPP's total assets increased by almost $40B in past year

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---------- Original message ----------
From: "MinFinance / FinanceMin (FIN)"<fin.minfinance-financemin.fin@canada.ca>
Date: Thu, 17 May 2018 16:08:50 +0000
Subject: RE: RE My Blog and Tweet about the CBC news report today
"CPP's total assets increased by almost $40B in past year"
To: David Amos <motomaniac333@gmail.com>

The Department of Finance acknowledges receipt of your electronic
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comments.

Le ministère des Finances accuse réception de votre correspondance
électronique. Soyez assuré(e) que nous apprécions recevoir vos
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---------- Original message ----------
From: Contact <contact@cppib.com>
Date: Thu, 17 May 2018 16:08:56 +0000
Subject: Automatic reply: RE My Blog and Tweet about the CBC news
report today "CPP's total assets increased by almost $40B in past year"
To: David Amos <motomaniac333@gmail.com>

This is to confirm receipt of your email to the CPP Investment Board
(CPPIB). Thank you for your inquiry. If it relates to CPPIB and we are
able to provide a response we will do so within approximately two
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de renseignements. Si elle concerne l’OIRPC et que nous pouvons y
donner suite, nous vous le ferons savoir d’ici deux semaines environ.



---------- Original message ----------
From: David Amos <motomaniac333@gmail.com>
Date: Thu, 17 May 2018 12:08:40 -0400
Subject: RE My Blog and Tweet about the CBC news report today "CPP's
total assets increased by almost $40B in past year"
To: "Bill.Morneau"<Bill.Morneau@canada.ca>, contact@cppib.com,
"john.butler182"<john.butler182@gmail.com>, mmcdaid <mmcdaid@cppib.com>, ajeffery@cppib.com, "andrew.scheer"<andrew.scheer@parl.gc.ca>,
 MulcaT <MulcaT@parl.gc.ca>, "elizabeth.may"<elizabeth.may@parl.gc.ca>,
 "Mark.Blakely"<Mark.Blakely@rcmp-grc.gc.ca>,
 "maxime.bernier"<maxime.bernier@parl.gc.ca>,
"Gilles.Blinn"<Gilles.Blinn@rcmp-grc.gc.ca>,
 "Gilles.Moreau"<Gilles.Moreau@forces.gc.ca>,
 "Jacques.Poitras"<Jacques.Poitras@cbc.ca>, "Robert. Jones"<Robert.Jones@cbc.ca>,
"sylvie.gadoury"<sylvie.gadoury@radio-canada.ca>,
 "Alex.Johnston"<Alex.Johnston@cbc.ca>, "Melanie.Joly"<Melanie.Joly@parl.gc.ca>,
 pm <pm@pm.gc.ca>,  "Karen.Ludwig"<Karen.Ludwig@parl.gc.ca>,
"Alaina.Lockhart"<Alaina.Lockhart@parl.gc.ca>,
"Matt.DeCourcey"<Matt.DeCourcey@parl.gc.ca>,
ethics-ethique <ethics-ethique@rcmp-grc.gc.ca>,
 "martin.gaudet"<martin.gaudet@fredericton.ca>
Cc: David Amos <david.raymond.amos@gmail.com>
 "Diane.Lebouthillier"<Diane.Lebouthillier@cra-arc.gc.ca>, 
 "Diane.Lebouthillier.a1"<Diane.Lebouthillier.a1@parl.gc.ca>,
"brian.gallant"<brian.gallant@gnb.ca>, "David.Coon"<David.Coon@gnb.ca>,
"blaine.higgs"<blaine.higgs@gnb.ca>,  "Dominic.Cardy"<Dominic.Cardy@gnb.ca>,
"serge.rousselle"<serge.rousselle@gnb.ca>, andre <andre@jafaust.com>,
  oldmaison <oldmaison@yahoo.com>, "steve.murphy"<steve.murphy@ctv.ca>

---------- Original message ----------
From: Contact <contact@cppib.com>
Date: Fri, 15 Jul 2016 15:17:30 -0400
Subject: Auto Reply:  CPP Investment Board
To: David Amos <motomaniac333@gmail.com>

This is to confirm receipt of your email to the CPP Investment Board
(CPPIB). Thank you for your inquiry. If it relates to CPPIB and we are
able to provide a response we will do so within approximately one
week.


http://davidraymondamos3.blogspot.ca/2018/05/cpps-total-assets-increased-by-almost.html

Thursday, 17 May 2018

CPP's total assets increased by almost $40B in past year



  1. Replying to and 49 others
    Methinks somebody should ask Mark Machin CEO of the Canada Pension Plan Investment Board why Harper's minions refused to give me any of my CPP benefits until the writ was dropped for the election of the 42nd Parliament N'esy Pas?

    http://davidraymondamos3.blogspot.ca/2018/05/cpps-total-assets-increased-by-almost.html


http://www.cbc.ca/news/business/cpp-annual-report-1.4666803


CPP's total assets increased by almost $40B in past year

Pension plan has averaged a 10% return for the past 5 years, and a 6% return for the last decade



  628 Comments

 

 Ashley Zacharias 
Ashley Zacharias
Don't believe "conservatives" when they tell you that our pension funds are going broke and we have to cut benefits.


David Amos
David Amos
@Ashley Zacharias Methinks somebody should ask Mark Machin the CEO of the Canada Pension Plan Investment Board why Harper's minions refused to give me any of my CPP benefits until the writ was dropped for the election of the 42nd Parliament N'esy Pas?



Jan Lenova
Jan Lenova
@Joan MacDonald
did anyone actually understand the OP's post?
the gov'ts, con or lib, have made huge profits by re-investing OUR Pensions, they just haven't told us about it yet, maybe they want to protect us from the pitfalls of greed.?


David Amos
David Amos
@Jan Lenova Methinks somebody such as Bill Morneau should ask Mark Machin the CEO of the Canada Pension Plan Investment Board why I called him and so many of his minions today N'esy Pas?


CPP's total assets increased by almost $40B in past year

Pension plan has averaged a 10% return for the past 5 years, and a 6% return for the last decade


Mark Machin is CEO of the Canada Pension Plan Investment Board, which manages CPP funds not currently needed to pay out benefits. The fund reported Thursday it returned more than 11 per cent on its investments in the past year. (Adrian Wyld/Canadian Press)

The people who invest the Canada Pension Plan's money earned a return of 11.6 per cent in the past year once all the costs were paid, enough to boost the fund's total assets by almost $40 billion.

The Canada Pension Plan Investment Board invests the money not needed to pay out current benefits for 20 million Canadian workers and beneficiaries.

In its annual report Thursday, the fund reported that the fund returned a profit of 11.6 per cent this year, net of costs.

As of the end of March, the CPP had $356.1 billion worth of investments around the globe. That figure has risen by $39.4 billion from $316.7 billion a year earlier. Within that, $2.7 billion came from employees with contributions deducted from their paycheques. But the rest —  some $36.7 billion — came from profits derived from the value of the investments they've purchased over the years.

But 2017 was an easy year for fund managers to make money, as just about every major global asset class gained ground. The Dow Jones Industrial Average gained 25 per cent last year, while the broader S&P 500 was up by 19 per cent and the technology-focused Nasdaq was up by 28 per cent.

The Toronto Stock Exchange's main index, meanwhile, gained just six per cent.
The CPP invests in a variety of asset classes around the world so that all of its eggs are not in one basket.

"Soaring public equity markets through the first nine months of the fiscal year were the primary source of growth," CEO Mark Machin said. "As volatility returned during the fourth quarter, our private holdings proved resilient, adding significant value."

The CPP benchmarks itself against something it calls the Reference Portfolio, which is a mix of 85 per cent foreign stocks, and 15 per cent Canadian government bonds.

"When public markets soar, as they generally did for most of our fiscal year, we expect our Reference Portfolio to perform exceptionally well, even better than our Investment Portfolio, by design," the fund said in its annual report. "Our diversification strategy means that we expect swings in relative performance, either positive or negative, in any single year."

The CPP's return of 11.6 per cent, for the past year at least, beat what the Reference Portfolio did, which was 9.8 per cent.

The CPP takes a long investment horizon because it is responsible for paying out Canadian pensioners for decades into the future. In 2015, the Chief Actuary of Canada declared that the CPP was on track to meet its financial obligations for at least the next 75 years, at its current rate of contributions.

At the time, the actuary was assuming the fund could pull off an average rate of return of 3.9 per cent per year, over that long timeframe.

Over the last five years, the CPP has managed to return an average of 10.4 per cent per year, inflation adjusted. Over the past decade, it has returned an average of 6.2 per cent per year.

On the cost side, CPPIB reported that its costs increased somewhat this year. The fund booked costs of $3.192 billion this year. That's more than the $2.834 billion it spent in 2016 in operating expenses and other investment management fees. 

Corrections

  • A previous version of this story said incorrectly that the CPP's management costs declined in the most recent fiscal year. In fact, they increased to $3.192 billion from $2.834 billion.
    May 17, 2018 11:04 AM ET
 



CPP Investment Board Announces David Denison as New President and CEO

December 15, 2004
The Board of Directors of the CPP Investment Board today appointed David Denison as the organization's next President and CEO. Mr. Denison will join the CPP Investment Board on January 17, 2005, succeeding John A. MacNaughton. Mr. MacNaughton, who has led the CPP Investment Board since 1999, announced his plans to retire earlier this year.

Mr. Denison is currently President of Fidelity Investments Canada Limited, one of the largest investment firms in Canada with $33 billion in assets under management. Previously, he served as President of one of Fidelity's business units in the United States. Fidelity is one of the world's largest financial services companies with custodied assets of US$1.9 trillion, including managed assets of US$1 trillion.

Mr. Denison has extensive experience in financial services in Canada and internationally. He began his business career in 1981 as a chartered accountant with Price Waterhouse, was a senior executive in Merrill Lynch's Canada, Europe and Middle East operations from 1984-1988, and served as Chief Financial Officer at S.G. Warburg Canada, Midland Walwyn and Mercer Consulting, and Chief Operating Officer of Bunting Warburg immediately before joining Fidelity Canada in 1995. (Please see attached biographical sketch for additional information.) 

The Board selected Mr. Denison from a list of outstanding candidates following a rigorous six-month search process managed by a selection committee of the Board, with the assistance of a leading global executive search firm.

Gail Cook-Bennett, Chair of the CPP Investment Board, said, "David Denison is a seasoned executive with two decades of experience within global financial services organizations, and an impressive record of accomplishment. His integrity, broad management experience and success in strategy execution are precisely the qualities that the board sought in a new CEO. The Board of Directors is delighted to have attracted David Denison to this important role."

"I have great respect for what the CPP Investment Board has achieved over the past five years and I am very excited about the opportunity to build on those achievements in the future," said Mr. Denison. "My immediate focus will be to gain a more thorough understanding of the issues, challenges and opportunities facing this organization. I am honoured to be leading the team that invests the CPP reserve fund on behalf of 16 million Canadians."

Ms. Cook-Bennett added, "On behalf of the Board of Directors, I want to recognize John MacNaughton, the CPP Investment Board's first President and CEO, for his significant contribution in building and leading the organization through its formative stages. We wish John the very best in his retirement activities."

Mr. Denison is a member of the Board of Governors of York University and the York School, a director and treasurer of the Toronto Rehabilitation Institute, and a member of the Campaign Cabinet for the United Way of Greater Toronto. Born in Gander, Newfoundland, Mr. Denison worked for six years as a secondary school mathematics teacher in Toronto before earning his Chartered Accountant designation and beginning his business career. He is a graduate of the University of Toronto with Bachelor's degrees in Mathematics and Education. 

The chief executive appointment process, designed by the reformers of the CPP in 1997, is an important part of the distinct governance model of the CPP Investment Board. The federal and provincial finance ministers, in their role as stewards of the Plan, produced a carefully crafted governance framework that balances accountability with an ability to operate at arms-length from government. The resulting governance model, enshrined in legislation, mandates that an independent board of directors appoints the CEO following a rigorous selection process.

The CPP Investment Board is a Crown corporation created by an Act of Parliament in December 1997. It invests in capital markets the funds not needed by the Canada Pension Plan to pay current pensions. Cash flows are currently invested in equities and real estate to balance the cash and bonds owned by the Canada Pension Plan. By increasing the long-term value of funds, the CPP Investment Board will help the Canada Pension Plan to keep its pension promise to Canadians. Based in Toronto, the CPP Investment Board is governed and managed independently of the Canada Pension Plan and at arm'slength from governments. Its fiscal year is from April 1 to March 31. For more information about the CPP Investment Board, visit www.cppib.ca.

A teleconference has been scheduled for today at 1:30 p.m. ET to discuss this announcement. Journalists who wish to participate should contact Jennifer Ross at 416-868-4682 or jross@cppib.ca.

Backgrounder 

David Denison, CA 

David Denison assumes his position as President and CEO of CPP Investment Board on January 17, 2005, Mr. Denison is currently the President of Fidelity Investments Canada Limited, one of the largest investment firms in Canada with $33 billion in assets under management and 750 employees. Mr. Denison assumed this role in March 2003 and was responsible for Fidelity's mutual fund, defined contribution and defined benefits businesses in Canada. 

Before returning to Canada, Mr. Denison served as President of the Fidelity Investments Institutional Brokerage Group in Boston from 2000 to 2003, and managed the operation of three business units - Fidelity Capital Markets, National Financial and Fidelity Registered Investment Advisor Group which in the aggregate had revenues of approximately $1 billion. 

From 1995 to 2000, Mr. Denison served as Chief Operations Officer and then President of Fidelity Investments Canada. During this period, the company's assets grew from $6 billion to $33 billion, and it ranked as one of the top 35 companies to work for by Report on Business Magazine in 1999 and 2000. Fidelity Canada led the mutual fund industry in net sales and market share growth from 1998 to 2000. 

Mr. Denison was a senior executive in Merrill Lynch's Canada, Europe and Middle East operations from 1984-1988, and served as Chief Financial Officer at S.G. Warburg Canada, Midland Walwyn and Mercer Consulting, and Chief Operating Officer of Bunting Warburg. He began his business career in 1981 as a chartered accountant with Price Waterhouse.

Mr. Denison was born in Gander, Newfoundland and raised in Montreal. He worked for six years as a secondary school mathematics teacher in Toronto before earning his Chartered Accountant designation and beginning his business career. He is a graduate of the University of Toronto with Bachelor's degrees in mathematics and education.

Mr. Denison is a member of the Board of Governors of York University and the York School, a director and treasurer of the Toronto Rehabilitation Institute, and a member of the Campaign Cabinet for the United Way of Greater Toronto.

Teleconference introducing Mr. David Denison

For further information contact:
John Cappelletti
Manager, Communications
416-868-0308
jcappelletti@cppib.ca


 http://business.financialpost.com/news/fp-street/cppib-overhauls-operating-structure-bids-farewell-to-senior-officer







CPPIB overhauls operating structure, bids farewell to senior officer

The Canada Pension Plan Investment Board has reorganized its management structure so fewer people report directly to Mark Wiseman, the chief executive








Tom Hicken for National Post










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On 10/9/14, David Amos <motomaniac333@gmail.com> wrote:
> http://www.cbc.ca/news/canada/nova-scotia/bell-aliant-bce-to-privatize-atlantic-canada-telecom-affiliate-1.2715220
>
> http://www.3macs.com/martin.leclerc/
>
> Martin Leclerc
> Branch Manager
>
> Place du Canada, Suite 2000
> 1010 de la Gauchetière Street West
> Montréal, Quebec H3B 4J1
>
> 514-394-3051
> mleclerc@3macs.com
>
>
> http://www.marketwatch.com/story/bce-announces-successful-completion-of-bell-aliant-common-share-tender-offer-transaction-on-track-to-close-on-or-about-october-31-2014-10-03?page=2
>
> Canada’s Corporate registered number. 0000230098 CANADA DC SIC: 8880
> American Depositary Receipt. Business Address Canadian Embassy 1746
> Massachusetts Ave., NW, Washington, DC
>
>
> http://www.sec.gov/Archives/edgar/data/1283718/000119312514250699/d747934dsc13d.htm
>
> http://yahoo.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?ID=7405274&SessionID=gX-eHFiwbTiOb47
>
> Butler, John Howard
> Canada Pension Plan Investment Board
> One Queen Street East, Suite 2500
> Toronto, ON,  M5C 2W5, Canada
> Websites associated with this firm:
> www.cppib.com
> Phones: (416) 868-1171
> Fax: (416) 868-4760
>
>
> ----- Original Message -----
> From: "David Amos"<david.raymond.amos@gmail.com>
> To: <peter.teasdale@gov.ab.ca>; <larry.stein@gov.ab.ca>
> Sent: Monday, July 05, 2010 7:55 PM
> Subject: Fwd: Yo George Cope I am still very curious if the lawyers
> Fred Crooks and Maritine Turcotte have learned the meaning of the
> word INTEGRITY yet?
>
> Larry Stein
> Project Counsel
> Called to the bar: 1980 (AB); Q.C.2006 (AB)
> Justice and Solicitor General (AB), Dept. of
> Strategic & Business Serv., 6th Flr., Centrium Pl.
> 332 6 Ave. S.W.
> Calgary, Alberta T2P 0B2
> Phone: 403-297-2340
> Email: larry.stein@gov.ab.ca
>
> Peter V. Teasdale
> Executive Director
> Called to the bar: 1974 (AB); Q.C.1998 (AB)
> Justice and Solicitor General (AB), Dept. of
> Crown Prosecution Serv. Div., Strategic & Business
> Serv., 3rd Flr.
> 9833 109 St. N.W.
> Edmonton, Alberta T5K 2E8
> Phone: 780-427-5050
> Fax: 780-988-7639
> Email: peter.teasdale@gov.ab.ca
>
> http://www.bell.ca/an-open-letter-to-all-canadians
>
> ---------- Forwarded message ----------
> From: David Amos <david.raymond.amos@gmail.com>
> Date: Wed, 23 Jun 2010 00:42:36 -0300
> Subject: Yo George Cope I am still very curious if the lawyers Fred
> Crooks and Maritine Turcotte have learned the meaning of the word
> INTEGRITY yet?
> To: george.cope@bell.ca, acampbell <acampbell@ctv.ca>,
> alyson.queen@bellaliant.ca, zeda.redden@bellaliant.ca,
> karen.sheriff@bellaliant.ca, fred.crooks@bellaliant.ca,
> sasha.irving@emera.com, James.Spurr@emera.com
> Cc: martine.turcotte@bell.ca, "rick.hancox"
> <rick.hancox@nbsc-cvmnb.ca>, bce@computershare.com,
> david.rodenhiser@nspower.ca, "Bernard.LeBlanc"
> <Bernard.LeBlanc@gnb.ca>, "kelly. lamrock"<kelly.lamrock@gnb.ca>,
> "Bernard. Theriault"<Bernard.Theriault@gnb.ca>, "oldmaison@yahoo.com"
> <oldmaison@yahoo.com>, securities <securities@sec.state.ma.us>,
> "terry.seguin"<terry.seguin@cbc.ca>, "Edith. Cody-Rice"
> <Edith.Cody-Rice@cbc.ca>, oig <oig@sec.gov>, krisaustin
> <krisaustin@panb.org>, "David.ALWARD@gnb.ca"<David.ALWARD@gnb.ca>,
> "ddexter@ns.sympatico.ca"<ddexter@ns.sympatico.ca>, peacocrs
> <peacocrs@gov.ns.ca>, "brigdit.leger"<brigdit.leger@rcmp-grc.gc.ca>,
> lapoinjr <lapoinjr@gov.ns.ca>, "Wayne.Lang"
> <Wayne.Lang@rcmp-grc.gc.ca>
>
> ----- Original Message -----
> From: martine.turcotte@bell.ca
> To: motomaniac_02186@hotmail.com
> Cc: bcecomms@bce.ca ; W-Five@ctv.ca
> Sent: Thursday, August 19, 2004 10:28 AM
> Subject: RE: I am curious
>
> Mr. Amos,
>
> I confirm that I have received your documentation.
>
> There is no need to send us a hard copy. As you have said yourself,
> the documentation is very voluminous and after 3 days, we are still in
> the process of printing it.
>
> I have asked one of my lawyers to review it in my absence and report
> back to me upon my return in the office. We will then provide you with
> a reply.
>
>
> Martine Turcotte
> Chief Legal Officer / Chef principal du service juridique
> BCE Inc. / Bell Canada
> 1000 de La Gauchetière ouest, bureau 3700
> Montréal (Qc) H3B 4Y7
>
> Tel: (514) 870-4637
> Fax: (514) 870-4877
> email: martine.turcotte@bell.ca
>
> Executive Assistant / Assistante à la haute direction: Diane Valade
>
> Tel: (514) 870-4638
>
> email: diane.valade@bell.ca
>
> -----Original Message-----
> From: David Amos mailto:motomaniac_02186@hotmail.com
> Sent: Thursday, August 19, 2004 6:12 AM
> To: Turcotte, Martine (EX05453)
> Cc: bcecomms@bce.ca; W-Five@ctv.ca
> Subject: I am curious
>
> Madam
>
> I did not receive a response from you to the last email so I am not
> certain if you received it. I must inform you that I will be closing
> my briefcase in Yahoo for public view at the end of the week. I have a
> great deal of material to add and I only wish certain parties to view
> it. I opened it for you the other day as an act of good faith. Mr.
> Pozen can check my work in the dockets of the various courts around
> Boston they are a matter of Public Record my files are not. As you can
> see by this and some following emails. I am very busy dealing with
> criminal matters first before filing civil complaints in the USA. As I
> told you when you called a lot has been happening. I have made a lot
> of cops mad at me and I don't trust them a bit particularly after the
> Police Commission is willing to check their work so i have been busy
> watching my back and covering my butt. However that does not mean that
> I have not thought about our conversation and was curious about a few
> things.
>
> I was glad to receive your call and impressed by the fact that you
> were more than willing to receive the material and a copy of the
> wiretap tape in particular. Your stated willingness to uphold the law
> was a rare statement to me. However I was curious why you only
> mentioned my voicemail to Mr. Pozen and not the email to your company
> and the news program that it owns. Did they not inform you as well? If
> they didn't I am not surprised because I have some other rather
> interesting denials from the Media. the most interesting would have to
> be from the PBS program called Frontline when I introduced its
> producer Michael Sullivan to the US Attorney Michael J. Sullivan. Now
> that is a story well worth W5 telling. Too bad they showed me their
> ass. As a courtesy to you and a further act of good faith, I will not
> forward this email to anyone else until after I return to the USA and
> nothing has been resolved between BCE and I and I am compelled to name
> it in my complaint. I would find it very hard to believe that Mr,
> Pozen does not know everything he needs to know about me right now.
>
> I had also called a lawyer, Steven Skurka who had a week long little
> special on CTV . I had tried to inform him that I knew my rights his
> assistant hollered at me. You from speaking to me yourself that I am
> not a rude character. I found it too funny to be treated that way and
> I had resolved to serve him this stuff byway of the local ATV Station
> that had presented his smiling talking head to me. That is why I was
> telling you that you could get this stuff from the local ATV station.
> I found it quite strange that you did not rely on them to send it on
> to you. Thus I must make an extra copy to comply with your request.
>
> I know the date stamp on the forwarded email is incorrect but that is
> because my old laptop goes to the first year in it when I boot up and
> sometimes I am too busy or tired to bother changing it. However MSN
> tracks it with the true date. Brad Smith and I have a bone to pick as
> well and I have been checking his work rather closely since he ignored
> my letter to him last year. His boss Bill Gates is gonna be very angry
> and Brad Smith and Steve Balmer in the near future if I have anything
> to do with it. If you do act ethically and immediately I will settle
> with your company very cheaply in comparsion to the bottom lines of my
> first two complaints. In fact I will be so impressed I will
> immediatlely offer you a better job than the one you have now. Please
> study the material I will provide you closely and ask me any thing you
> wish.
>
> I will do as I promised and send the material you requested as soon as
> I can put it all together. Right now I am on the move and far away
> from my printer. Is the following your correct address? Perhaps you
> should consider sending someone to the my meeting with the Police
> Commission in Fredericton next week in order to hear me speak of these
> matters to law enforcement before I return to the USA. Once I do
> return there I will serve the Mr. Pozen the material as promised and
> call him to testify in my pending trial. The following emails should
> explain some of my concerns to you. My wife will be in Canada next
> week as well to pick up our kids. I will allow you to speak to her if
> you wish. She has had a nervous breakdown over the legal crap and I do
> have her Durable Power of Attorney pursuant to M.G.L. 201 B. Mr. Pozen
> can ask Robert S. Creedon Jr. about that document. I argued it with
> him before the entire Judicuary Commitee on Sept. 18th 2003.
>
> I will call you in a minute to make certain that you get this and the
> following emails.
>
> David R. Amos
>
> Martine Turcotte
>
> 1000 de la Gauchetiere Ouest
> Floor 41
> Montreal, Quebec H3B 58H Canada
> Tel: (514) 870-4637
> Fax: (514) 870-4877
>
> For the Record I gave the Irving "Rag called the Gleaner" in Fat Fred
> City and the CBC dudes in Toronto copies of the following lawsuits in
> the USA in 2002 long before I gave some material to Bellglobemedia
> byway of their W-Five yo yos. Clearly nobody knows how to read if they
> don't think I ain't sued folks before EH?
>
> Ask W-Five or their lawyers if I am a liar or not. Better yet ask
> Stevey Boy Murphy or Andy Campbell in Fat Fred City if they dare to
> chaleenge the truth. If all else fails and you bloggers seek counsel
> you can trust why not ask Chucky Leblanc or your "Blogger General"
> T.J. Burke he received the same documents on June 24th, 2004 the day
> Danny boy Busierres and the Fat Fred City Finest attempted to banish
> me from the LEG but it ain't worked out to well for them yet EH Chucky
> Leblanc? However chucky was quick to report that I was banished the
> following day and ain't said apeep about it since. Who to you think
> told him not to talk about it? Kelly lamrock, T.J. Burke. the Irvings
> or all three?
>
> FYI W-Five took an interest in my matters at about the same time
> Chretien's underling was calling Bush a moron.(I oftern call myself an
> oxymoron Methinks somebody has been studing my words EH?) I supported
> Chretein's underling's thinking in two affidavits demanding judgements
> by default filed in the following dockets on December 12th, 2002.
>
> The following day Cardinal Law (Methinks that is why chucky hates me
> so) quit Beantown and ran off to the Holy See. Years later he helped
> pick the latest Pope(a former Hitler Youth who is making his bones
> with the croooked little Georgey Boy Bush Jr. right now in the USA.)
>
> Never Forget the Queen is the protector of the Faith of the Church of
> England . She would not allow her family's assests to be stolen and
> given to the catholic Church. Why should I act any different?
>
> ----- Original Message -----
> From: W-FIVE Viewer Mail
> To: David Amos
> Sent: Thursday, November 28, 2002 3:03 PM
> Subject: RE: possble story
>
>
> Dear Mr. Amos,
>
> I would like to thank you for your email to W-FIVE, sorry for the
> delay in responding.
>
> We review every email and story idea that we receive here at W-FIVE
> and give it serious consideration. Your email has been forwarded to
> our executive and senior producer for review. If we are interested in
> pursuing your idea further, you will be contacted by one of our
> researchers.
>
> Thanks again for your input. Your interest in our program is much
> appreciated.
>
> Sincerely,
>
> Lisa-Marie
>
> Production Coordinator
>
> W-FIVE
>
> -----Original Message-----
> From: a friend of David Amos' email account
> Sent: Thursday, November 07, 2002 2:28 PM
> To: W-FIVE@ctv.ca
> Subject: possble story
>
>
> I am a Canadian Citizen who thus far, as a plaintiff, has two Lawsuits
> in the US District Court of Massachucetts they are numbered 02-11686-
> RGS and 02-11687-RGS.
>
> They were removed to that Court from the Norfolk Superior Court by the
> US Attorney Michael J. Sullivan very improperly. However they shall
> remain there because of my status as a Canandian Citizen. Judge Sterns
> has not even held a Conference about the matters because he likely
> does not want to hear the matter because I have presented all Members
> of the Bar with their worst fear of a catch 22 problem.
>
> Accordinging to law he is late. I have complained of 47 defendants 34
> of whom are State Defendants( the Attorney General, The Commission of
> Judicial Conduct Board of Bar Overseers etc) and 3 are Federal
> Treasury Agents. Some of the defendants are over two months late in
> their answer to the Summons.
>
> The smallest suit amounts to 188 million dollars in the form of
> relief. There is a lot to these matters and too much to briefly
> explain. But in a nutshell my wife's Aunt, who is buried beside Rose
> Kennedy, left my wife some money. It was stolen by her relatives in
> executing the estate. No news there. But the crooks are very well
> connected politically and every part of the old crony network in
> Boston covered for them.
>
> The crook and our cousin, Charles J. Kickham Jr of the Kickham Law
> Office on Beacon St, has been past President of Bar Associations. He
> has sat on the Board of Governors of Harvard Law School etc. I have
> given much information to many members of the press who have simply
> ignored some interesting facts.
>
> What should be somewhat newsworthy is how far a wild colonial boy has
> come in prosecuting Pro Se the most profund Yankee carpetbaggers. My
> next two lawsuits Under title 18 are wickedly righteous. I have left
> one copy of much information in Saint John New Brunswick at a lawyer's
> Office, Mosher and Chedore 33 Charlotte St if some one wishes to view
> them. I can be reached at this Cell number 506 434- 1379
>
> David R. Amos
>




http://www.cbc.ca/news/canada/new-brunswick/nb-bell-canada-new-jobs-150-1.4343830

Province gives $3.6M to Bell Canada to create 150 jobs
Announcement for Fredericton comes days after auditor-general
criticizes Opportunities New Brunswick secrecy
By Jacques Poitras, Posted: Oct 06, 2017 5:37 PM AT

Days after a new controversy about government subsidies to business,
the New Brunswick government has announced it will hand over $3.6
million in taxpayer money to one of Canada's largest and most
profitable companies.

Opportunities New Brunswick says Bell Canada will create "up to" 150
jobs in a new national service centre in Fredericton over the next
five years thanks to payroll rebates.
Glen LeBlanc

Bell’s chief financial officer Glen LeBlanc says the company has no
issue with transparency and will reveal how many jobs it creates.
(Mikael Mayer/Radio Canada )

The job-creation Crown corporation bragged that the position will
generate $7.5 million in tax revenue for the province, earning back
twice as much as what taxpayers will spend creating them.

But ONB officials refused in a technical briefing with reporters to
say exactly how many of the jobs jobs will be created in each of the
five years and how much of that tax revenue would come each year.

Bell's chief financial officer Glen LeBlanc later told reporters he
had no problem disclosing the specifics.

"We have no issue with transparency," LeBlanc said. "We've already
hired 12 people." He said he expected 75 would be in place by this
time next year and the rest of the 150 within three to five years.

He said the company will be willing to update the actual numbers in the future.

"We have no issue with being transparent on those targets," LeBlanc said.
Privacy issues

Earlier this week, ONB's CEO Stephen Lund responded to criticism from
the auditor-general on job-creation secrecy by saying the Crown
corporation was aiming to be more open.

"We are trying to be as transparent as we can, but there are some
privacy issues," he said on Tuesday.

Auditor-General Kim MacPherson's new audit of the Atcon fiasco
criticized Opportunities New Brunswick and other government
job-creation agencies for not implementing most of her 2015
recommendations on avoiding another Atcon.

NB CFO Paul Fudge (left) and CEO Stephen Lund

Chief financial officer Paul Fudge, left, and chief executive officer
Stephen Lund spoke to reporters in Fredericton about the auditor
general's report on Atcon Tuesday afternoon. (Jacques Poitras/CBC)

MacPherson zeroed in on the government practice of predicting
anticipated jobs but then not disclosing how many of those positions
end up being created.

"We had recommended that actual results need to be reported to assess
the performance of spending on financial assistance," she said
Tuesday. "It's not enough to say 'expected jobs' or 'committed jobs.'
What about 'actual jobs?'"

Lund said on Tuesday that it would violate the provincial privacy law
to reveal a company's precise job-creation figures.

He said Opportunities New Brunswick was looking at releasing aggregate
data, such as the total number of jobs it projected among all subsidy
recipients versus how many were created.

He also said the agency may release company-by-company figures on
payroll rebate amounts.
Sees rebates as risk-free

"We're trying to be more transparent," Lund said. "We're looking at
ways that we can start to show how much money we provided on an annual
basis to companies without being specific on the actual job numbers."

He also said the agency may eventually ask companies to waive their
right to keep their job numbers secret.

Lund said payroll rebates are a risk-free way of subsidizing
businesses. A company that receives them must be audited on jobs
created each year, and the rebates are only paid out per position
after they've been created.
ONB release

Opportunities New Brunswick says Bell Canada will create 'up to' 150
jobs in a new national service centre in Fredericton over the next
five years. It will receive $3.6 million from the provincial
government. (Mikael Mayer/Radio Canada)

LeBlanc said the new Bell jobs will pay on average $75,000 a year. Of
the 12 positions already filled, six employees were recruited from
outside the province, which he said adds an even greater economic
benefit.

Bell's parent company, BCE, earned a second-quarter profit of $762
million this year.

Ahmed Babiker, who was recruited in Montreal, told reporters he was
happy to relocate to Fredericton.

"It's a much different, quieter, much much quieter than Montreal," he
said. "People are really friendly."

LeBlanc said the province's forecast of $7.6 million in tax revenue
from the jobs would be based on taxes from a smaller number of
positions filled in year one, following by a "ramping up" in the
future.

LeBlanc said he was unable to explain Opportunities New Brunswick's
estimate of a total $60.3 million boost to the province's gross
domestic product.

Ahmed Babiker

Ahmed Babiker, who was recruited in Montreal, says he was happy to
relocate to Fredericton for a job with Bell Canada. (Jacques
Poitras/CBC)

"I certainly don't have the details in front of me of how it can add
up to 60.3 million, but I don't think it's a stretch to get there when
you're talking about 150 jobs at the salary level I alluded to
earlier," he said.

"That's a question you'll have to direct to the government. That's
obviously their press release at Opportunities New Brunswick."

Lund left the announcement Friday morning before reporters could speak to him.

A spokesperson for the agency said in an email later in the day that
the GDP figure was calculated using a Statistics Canada model.


http://www.bce.ca/aboutbce/executiveteams

George Cope
President and Chief Executive Officer
BCE Inc. and Bell Canada

George Cope is leading the transformation of Canada’s largest
communications company into the nation’s broadband leader, with a
strategy of unparalleled investment in advanced networks, innovative
communications and media services, and an improved customer
experience. Bell is focused on building Canada’s next-generation
broadband infrastructure and driving growth in Wireless, TV, Internet
and Media while delivering sustainable returns to shareholders.

Recognized as Canada’s Outstanding CEO of the Year for 2015, Mr. Cope
has earned a reputation as a strategic leader and builder of
high-performance teams in public-company chief executive roles over
the past 30 years. Appointed President and CEO of BCE and Bell Canada
in July 2008, Mr. Cope led the launch of the Bell Let’s Talk
initiative, the largest-ever corporate commitment to Canadian mental
health and now one of the country’s most prominent community
investment campaigns.

A graduate of the Ivey School of Business at Western University (HBA
’84), Mr. Cope was named Ivey Business Leader of the Year in 2013 and
serves on the school’s advisory board. He has been awarded honourary
doctorates by his alma mater and the University of Windsor, was Chair
of United Way Toronto’s record-breaking 2013 campaign, and received
the Queen’s Diamond Jubilee Medal for his work on Bell Let’s Talk. Mr.
Cope was appointed a Member of the Order of Canada in 2014. He serves
as a Director of Bank of Montreal.

Martine Turcotte
Vice Chair, Québec

As Vice Chair, Québec, Martine Turcotte is responsible for driving the
company’s business, government and community investment initiatives
across Québec.

Ms. Turcotte is an accomplished leader with more than 25 years of
strategic, legal and regulatory career achievements at Bell. In 1999,
Mme. Turcotte was the first woman to be named Chief Legal Officer of
Bell and the youngest to join the ranks of the executive team.

She is Chair of the Théâtre Espace Go, as well as a member of the
boards of directors of Empire / Sobeys and CIBC. She is also a member
of the boards of Governors of McGill University and Montréal en
Lumière and a trustee of the Jewish General Hospital.


Mirko Bibic
Chief Legal & Regulatory Officer and Executive Vice President,
Corporate Development

As Chief Legal & Regulatory Officer and Executive Vice President,
Corporate Development, for Bell and BCE Inc., Mirko Bibic is
responsible all Bell legal, regulatory and government affairs and
moving Bell’s corporate strategy forward.

Mr. Bibic joined Bell as Senior VP, Regulatory in January 2004 and was
later promoted to Senior VP, Regulatory & Government Affairs in 2008.
Under Mr. Bibic’s leadership, Bell’s Regulatory and Government Affairs
teams effectively contributed to public policy decisions supporting
investment, innovation and growth in Canadian communications. He was
promoted to Executive Vice President and Chief Legal & Regulatory
Officer in March 2012. Having played a key role in every major
acquisition and investment made as part of Bell’s transformation since
2008, Mr. Bibic assumed additional responsibilities as Executive Vice
President, Corporate Development, in June 2015.

Prior to joining Bell in 2004, Mr. Bibic was managing partner of the
Ottawa office of Stikeman Elliott LLP. He holds a Law degree from the
University of Toronto and was called to the Ontario bar in 1994.
Glen LeBlanc
Executive Vice President and Chief Financial Officer

Glen LeBlanc was appointed Executive Vice-President and Chief
Financial Officer of BCE and Bell Canada in June 2015. He leads all
Finance strategy and operations with a capital markets strategy
focused on enabling Bell’s industry-leading capital investment in
broadband networks and service innovation, and sustainable dividend
growth for BCE shareholders.

In addition to his responsibilities as CFO, Mr. LeBlanc assumed the
role as Vice Chair, Bell Aliant in 2017 with a commitment to champion
Bell network and community investment across Atlantic Canada.

Mr. LeBlanc joined BCE in 2014 as Senior Vice-President, Finance
following the privatization of Bell Aliant, where he had served as
Executive VP and CFO since 2006.

Mr. LeBlanc is past Chair of the Certified Management Accountants
(CMA) of Nova Scotia board and played an active role in the merger and
unification of the Chartered Professional Accountants (CPA) of Canada.
He previously served on the boards of the Greater Halifax Partnership,
Atlantic Provinces Economic Council, Cape Breton University and Feed
Nova Scotia.

Mr. LeBlanc holds a Bachelor of Commerce degree from St. Mary’s
University and is a Fellow Chartered Professional Accountant (FCPA)
and Fellow Certified Management Accountant (FCMA). Glen also holds an
ICD.D designation from Rotman School of Management. He was named to
Canada’s Top 40 Under 40 in 2005.

http://thechronicleherald.ca/business/1248333-bell-aliant-makeover-starts

Bell Aliant makeover startsTHE CHRONICLE HERALD
Published November 3, 2014 - 12:15pm
Last Updated November 3, 2014 - 6:39pm
Comments
Senior positions change; more could come, says new vice-chairman

Dan McKeen has been named vice-chairman of Bell Aliant. (Staff / File) .
Customers won’t notice any immediate change now that Bell Aliant has
gone private, new top boss Dan McKeen says. But changes are in store
for employees, starting with senior executive changes announced
Monday.

McKeen was named vice-chairman of Bell Aliant on Monday by
Montreal-based parent BCE Inc., which also owns Bell Canada. He is
also senior vice-president of residential services.

The newly minted vice-chairman said he couldn’t say what changes there
will be in the size of Bell Aliant’s workforce because the process is
underway now with the non-unionized ranks.

“We are looking at some savings and making sure that there is some
synergy,” McKeen said in an interview. “As you bring two organizations
together into one unified Bell management team, there are going to be
some duplication of roles. We will be looking at those … through the
next number of days to see what changes are appropriate.”

McKeen, who was senior vice-president of customer solutions before
Bell Aliant’s merger, replaces Karen Sheriff, who was president and
CEO under the previous structure.

She will retire at the end of the year, BCE announced recently.

Meanwhile, two other senior Bell Aliant executives will follow suit in
the coming months.

Fred Crooks, executive vice-president of corporate services and chief
legal officer, also departs at the end of the year.

Chuck Hartlen, senior vice-president of customer experience, will
retire in 2015.

Their departures were announced Monday in an internal memo from George
Cope, president and CEO of BCE and Bell Canada, that outlined several
organizational changes stemming from the merger.

The $3.95-billion privatization plan was announced in July and completed Friday.

Besides McKeen, another former Bell Aliant executive is being promoted
as Bell Aliant’s operations are folded into those of Bell Canada.

Glen LeBlanc, the Atlantic telecom’s chief financial officer, is now
BCE’s senior vice-president of finance. He will become CFO of BCE and
Bell Canada when Siim Vanaselja retires in the spring, the parent
company announced last month.

Meanwhile, BCE also announced Monday that Bell Aliant director Rob
Dexter has joined BCE’s board. Dexter is CEO of Maritime Travel Inc.

Officials with Unifor, which represents unionized Bell Aliant workers
in Atlantic Canada, has said it doesn’t expect that privatization will
lead to layoffs for its members.

A new contract ratified last week includes provision for up to 450
workers to be offered early retirement over the next three years. Bell
Aliant has agreed to replace 60 per cent of those positions.

Unifor represents 2,800 Bell Aliant workers in the region, including
1,050 in Nova Scotia.

Overall, Bell Aliant has about 4,500 employees in Atlantic Canada. The
number jumps to 6,300 when its Quebec and Ontario business is
included.

As for customers, McKeen said the merger will bring benefits in the
medium and longer term, including access to more national services, as
well as new products and other offerings.

“It’s about bringing us together as one team to provide additional
benefits to our customers and making us a stronger competitor.”


http://business.financialpost.com/technology/bce-inc-to-privatize-halifax-regional-telecom-affiliate-bell-aliant

John Greenwood
July 23, 2014

BCE Inc to take regional telecom unit Bell Aliant private for
$3.95-billionTumblrPinterestGoogle PlusLinkedInRedditIn a move aimed
at bolstering cash flow and streamlining corporate structure, Telecom
giant BCE Inc. announced it will pay $4-billion for the shares it
doesn’t already own in subsidiary Bell Aliant.

[np_storybar title=”Bell Media cuts 91 jobs at TV channels including
CTV, MuchMusic”
link=”http://business.financialpost.com/2014/07/09/bell-media-cuts-91-jobs-at-tv-channels-including-ctv-muchmusic/?__lsa=38b2-6acc”%5D

Bell Media has laid off 91 employees at its television operations,
with numerous channels affected including CTV, MuchMusic, M3, Space,
MTV, Space and E!.
[/np_storybar]

Bell Aliant, currently 44% owned by BCE, provides telecommunications
services across Atlantic Canada and industry observers have long
speculated that the two organizations would eventually get folded
together as a way to take advantage of synergies and cost savings.

Under the deal, Canada’s largest telecom which already exercises
management control has offered to pay $31 a share or about
$3.93-billion in cash and stock for the 127.5-million Bell Aliant
shares that it doesn’t already own.

Shares in BCE jumped more than 1% on the TSX in intraday trading,
while Bell Aliant moved up 11%, slightly above the offer, to $31.31.

“Privatizing Bell Aliant enhances our broadband investment strategy
and capital markets objectives while delivering great value to the
public minority shareholders who have supported Bell Aliant’s
success,” BCE chief executive George Cope said in a statement.

The transaction comes amid a push from the federal government to boost
competition in the wireless sector by creating a fourth player to
compete with BCE, Rogers Communications Inc. and Telus Corp., a move
that some observers worry could put pressure on industry revenue.

A key benefit of the deal is that it will boost BCE’s free cash flow
and some analysts said that by doing it now, BCE is bolstering its
defenses in preparation for what may be coming.

“In terms of wireless competition, if you have a fourth provider that
could get up and running next year, this deal makes even more sense,”
said Maher Yaghi, an analyst at Desjardins Securities.

Getting it done sooner rather than later “allows [BCE] to have access
to cash flows faster, and you don’t have to sacrifice dividend growth”
if margins do get squeezed down the road.

Since it already owns a controlling stake in Bell Aliant, BCE said it
does not need approval from the Canadian Radio-television and
Telecommunications Commission or Industry Canada.

Formed in 1999 through the merger of a group of local telcos, Bell
Aliant has operations across the Maritimes as well as parts of Ontario
and Quebec.

Combining the two companies under one roof provides significant
savings on management, enabling the combined company greater
flexibility as it rolls out next-generation 4G LTE service across its
wireless network and boosts investment in broadband services. BCE said
Wednesday it plans to spend $2.1-billion in Atlantic Canada over the
next five years as it rolls out new services.

BCE said it anticipates additional free cash flow after common
dividends of about $200-million a year and $100-million of pre-tax
synergies once expense and other duplications are eliminated.

The transaction should be “immediately accretive to BCE”, said Dvai
Ghose, an analyst at Canaccord Genuity. In a note to clients, Mr.
Ghose said he expects the offer — which has already received the
thumbs up from the Bell Aliant board — will be approved by Bell Aliant
shareholders.

The deal comes as the telecom sector is facing slowing revenue growth
across a number of businesses such as traditional landlines and cable.
Mr. Ghose said one potential problem is that the transaction will have
a “negative impact” on BCE’s mix of assets, leaving it with greater
concentration in slow-growth sectors. On the plus side, he said, the
synergies will at least partly offset the negatives.

The deal “suggests to us that BCE has to continue to acquire to grow
dividends, unlike its nearest peer Telus, which has targeted at least
10% annual dividend per share growth to 2016,” he said.

http://www.bce.ca/investors/shareholder-info/bell-aliant-privatization

Bell Aliant Privatization - Information for Bell Aliant common shareholders
On July 23, 2014, BCE announced it would privatize Bell Aliant by
acquiring the interest of Bell Aliant’s public minority shareholders.

On October 3, 2014, BCE announced the successful completion of its
tender offer to purchase all outstanding Bell Aliant publicly held
common shares.

On November 3, 2014, BCE announced the formal close of the transaction
as BCE acquired all remaining Bell Aliant common shares not acquired
under BCE’s tender offer through a compulsory acquisition effective
October 31, 2014.

Bell Aliant common shares were de-listed from the Toronto Stock
Exchange (TSX) on October 31, 2014.

Under the terms of BCE’s common share tender offer, which expired on
October 2, 2014, Bell Aliant common shareholders could elect to
receive either:

1.Cash Option ($31 in cash, subject to pro-ration)
2.Share Option (0.6371 of a BCE common share, subject to pro-ration)
3.Cash and Share Option ($7.75 in cash and 0.4778 of a BCE common share)
Former holders of Bell Aliant common shares who elected either Option
1 or Option 2 were subject to pro-ration such that the aggregate
consideration paid was 25% in cash and 75% in BCE common shares. The
share consideration was based on BCE’s 10-day volume weighted average
price on July 22, 2014 (the day before announcement of the
transaction) of $48.66. As a result, shareholders may have received a
combination of cash and BCE common shares in the manner described in
the Letter of Instruction and Offer Circular.

Former holders of Bell Aliant common shares who did not tender to
BCE’s common share offer and whose shares were therefore acquired by
BCE through the compulsory acquisition had the opportunity to elect
one of the above options by November 10, 2014 (the Final Election
Deadline). Common shareholders who did not make a valid election prior
to the Final Election Deadline were deemed to have elected to receive
Option 3 (Cash and Share Option).

Information for Former Holders of Bell Aliant Common Shares who
submitted valid tenders by September 19
Information for Former Holders of Bell Aliant Common Shares who
submitted valid tenders between September 20 and September 29
Information for Former Holders of Bell Aliant Common Shares who
submitted valid tenders between September 30 and October 2
Information for Former Holders of Bell Aliant Common Shares whose
shares were acquired after October 2 through the compulsory
acquisition
Tax Instruction Letter and Questionnaire for Eligible Former Holders
of Bell Aliant Common Share
Frequently Asked Questions about the Common Share Offer
Information for Former Holders of Bell Aliant Preferred Shares
Frequently Asked Questions about the Preferred Share Exchange Offer
Information for Bell Aliant bondholders
Download Centre
Information for Former Holders of Bell Aliant Common Shares who
submitted valid tenders by September 19
The table below indicates the entitlement you received for each Bell
Aliant common share validly tendered to BCE’s offer by 5:00 pm
(Eastern Time) on September 19, 2014, with take-up and payment by BCE
on September 24, 2014. The pro-ration was applied only to the Cash
Option (option 1).

Election Entitlement to be Received*
1.Cash Option
 Approx. $14.60 in cash and approx. 0.3370 of a BCE common share

2.Share Option
 0.6371 of a BCE common share

3.Cash and Share Option
 $7.75 in cash and 0.4778 of a BCE common share


* All fractional shares were rounded down and paid in cash en lieu.


Information for Former Holders of Bell Aliant Common Shares who
submitted valid tenders between September 20 and September 29
The table below indicates the entitlement you received for each Bell
Aliant common share validly tendered to BCE’s offer between September
20 and September 29, 2014, with take-up and payment by BCE on
September 30, 2014. The pro-ration was applied only to the Cash Option
(option 1).

Election Entitlement to be Received*
1.Cash Option
 Approx. $11.66 in cash and approx. 0.3974 of a BCE common share

2.Share Option
 0.6371 of a BCE common share

3.Cash and Share Option
 $7.75 in cash and 0.4778 of a BCE common share


* All fractional shares were rounded down and paid in cash en lieu.


Information for Former Holders of Bell Aliant Common Shares who
submitted valid tenders between September 30 and October 2
The table below indicates the entitlement you received for each Bell
Aliant common share validly tendered to BCE’s offer between September
30 and October 2, 2014, with take-up and payment by BCE on October 7,
2014. The pro-ration was applied only to the Cash Option (option 1).

Election Entitlement to be Received*
1.Cash Option
 Approx. $11.10 in cash and approx. 0.4090 of a BCE common share

2.Share Option
 0.6371 of a BCE common share

3.Cash and Share Option
 $7.75 in cash and 0.4778 of a BCE common share


* All fractional shares were rounded down and paid in cash en lieu.


Information for Former Holders of Bell Aliant Common Shares whose
shares were acquired after October 2 through the compulsory
acquisition
BCE acquired the balance of common shares not tendered to its common
share offer (which expired October 2, 2014) through a compulsory
acquisition effective October 31, 2014.

The election deadline for the compulsory acquisition was November 10,
2014. Common shareholders who did not make a valid election prior to
the election deadline were deemed to have elected to receive the Cash
and Share Option (option 3).

Common shareholders must deliver their share certificates and a
properly completed letter of transmittal to CST Trust Company, at the
office specified in the Notice of Compulsory Acquisition dated October
10, 2014, in order to receive payment.

The table below indicates the entitlement to be received for each Bell
Aliant common share acquired by BCE pursuant to the compulsory
acquisition. The pro-ration was applied only to the Share Option
(option 2).

Election Entitlement to be Received*
1.Cash Option
 $31.00

2.Share Option
 $0.09 in cash and 0.6352 of a BCE common share

3.Cash and Share Option
 $7.75 in cash and 0.4778 of a BCE common share


* All fractional shares were rounded down and paid in cash en lieu.


Registered Shareholders
Please note that for all BCE share entitlements, no share certificates
have been mailed. The BCE shares have been electronically registered,
and shareholders have been provided with DRS (Direct Registration
System) Statements.


Further assistance
Any questions may be directed to CST Trust Company:

CST Trust Company
Toll free in North America: 1-866-271-6893
Outside of North America: 1-416-682-3860
E-mail: inquiries@canstockta.com

Tax Instruction Letter and Questionnaire for Eligible Former Holders
of Bell Aliant Common Shares
If you are a Canadian resident and wished to make a tax election for
income tax purposes in respect of your Bell Aliant common shares
disposed of pursuant to the BCE offer, you were required to complete a
short questionnaire within 90 days after the disposition of your
common shares. Within 30 days of receipt of your completed
questionnaire, a tax election form signed by BCE containing your
information was provided to you.

The deadline for submission of the completed questionnaire has passed
and your tax elections are currently being processed.

For any questions or concerns about the questionnaire or the tax
instruction letter, please email the Technical Assistance Helpline at
bellaliant@taxelection.ca.

For any additional questions, please contact the CST Trust Company at:

Toll free in North America: 1-866-271-6893
Outside of North America: 1-416-682-3860
E-mail: inquiries@canstockta.com

Frequently Asked Questions about the Common Share Offer
The questions and answers below are not meant to be a substitute for
the more detailed description and information contained in the Offer
and Circular , the Letter of Transmittal and Election Form and the
Notice of Guaranteed Delivery. Bell Aliant common shareholders were
urged to read each of these documents carefully prior to making any
decision regarding whether or not to tender their Bell Aliant common
shares.


WHAT DO I HAVE TO DO?

What will I receive for my Bell Aliant common shares if I did not make
a valid election by the November 10, 2014 deadline for the compulsory
acquisition?
Former Bell Aliant common shareholders whose shares were acquired by
BCE through the compulsory acquisition who did not make a valid
election by the November 10, 2014 deadline were deemed to have elected
to receive $7.75 in cash and 0.4778 of a BCE common share.

I did not transfer my Bell Aliant common shares to BCE under the
compulsory acquisition. What happens to my shares? Can I still receive
payment?
Former Bell Aliant common shareholders whose shares were acquired by
BCE through the compulsory acquisition who did not make a valid
election prior to the November 10, 2014 deadline were deemed to have
elected to receive $7.75 in cash and 0.4778 of a BCE common share.

If you are a former registered shareholder (meaning that you have a
physical certificate representing your Bell Aliant common shares
registered in your name), you must deliver your share certificate(s)
by mail to the transfer agent. Please join a letter confirming that
you wish to exchange your Bell Aliant shares following BCE offer, and
indicate your name, address and phone number:

CST Trust Company
P. O. Box 1036
Adelaide Street Postal Station
Toronto, Ontario M5C 2K4
Canada
Attention: Corporate Actions

If you wish to receive a share certificate for the BCE shares instead
of a DRS statement (Direct Registration System), please mention it in
your letter.

If your Bell Aliant common shares were held in an account with an
investment dealer, broker, bank, trust company or other nominee, your
shares should have been automatically transferred to BCE after the
November 10, 2014 deadline and you should have received payment. If
you have not received payment for your Bell Aliant common shares, you
should contact your representative.

What if I have lost my Bell Aliant common share certificate(s)? What
do I have to do to receive payment for my shares?
You should contact CST Trust Company, who will advise you on the
requirements to replace the lost certificate(s). Once replaced, you
must deliver your share certificate(s) and a properly completed letter
of transmittal to CST Trust Company, at the office specified in the
Notice of Compulsory Acquisition dated October 10, 2014, in order to
receive payment.

What if I still hold share certificates for Bell Aliant predecessor companies?
If you still hold certificates representing securities in one of Bell
Aliant’s predecessors (including Bell Aliant Regional Communications
Income Fund, Aliant, Bruncor, Island Tel, MT&T and New Tel), you may
still make a demand for payment under BCE’s compulsory acquisition by
delivering the certificates representing those securities along with a
properly completed letter of transmittal to CST Trust Company, at the
office specified in the Notice of Compulsory Acquisition dated October
10, 2014, in order to receive payment.

DIVIDENDS

How did BCE's offer impact my Bell Aliant dividends?
Bell Aliant had agreed to not declare the regular quarterly dividend
that would have been payable on Bell Aliant common shares on October
6, 2014. In addition, if you accepted BCE’s offer and receive BCE
common shares, you did not receive BCE’s third quarterly dividend
declared on August 7, 2014 and paid on October 15, 2014.

TAX IMPLICATIONS

What are the Canadian federal income tax consequences of accepting BCE's offer?
If you are a resident of Canada and held your Bell Aliant common
shares as capital property and you sold your Bell Aliant common shares
pursuant to BCE’s offer, you will generally realize a capital gain (or
capital loss) to the extent that the proceeds of disposition of such
Bell Aliant common shares exceed (or are less than) the total of your
adjusted cost base of such Bell Aliant common shares and any
reasonable costs of disposition. However, if you were an Eligible
Holder and you received BCE common shares (whether pursuant to the
Share Alternative , the Cash Alternative (in the event of pro-ration)
or the Cash and Share Alternative ) you may, depending upon your
circumstances, obtain a full or partial tax-deferred “rollover” by
making a joint election with BCE pursuant to subsection 85(1) of the
Tax Act (and the corresponding provisions of any applicable provincial
legislation). If you elected the Share Alternative and you received
only BCE common shares, you may in certain circumstances obtain an
automatic tax-deferred “rollover” and also be entitled to make a joint
election. Please visit the tax election website for assistance with
the tax election process.

If you are not a resident of Canada you generally will not be subject
to tax under the Tax Act on any capital gain realized on a disposition
of your Bell Aliant common shares pursuant to BCE’s offer, unless your
Bell Aliant common shares were “taxable Canadian property” and were
not “treaty-protected property”.

The above is a brief summary of Canadian federal income tax
consequences only and is qualified by the description of Canadian
federal income tax considerations in Section 25 of the Circular,
“Certain Canadian Federal Income Tax Considerations”. Former holders
of Bell Aliant common shares are urged to consult their own tax
advisors to determine the particular tax consequences to them.

What are the U.S. federal income tax consequences of accepting BCE's offer?
The exchange of Bell Aliant common shares for BCE common shares and/or
cash pursuant to BCE’s offer is a taxable transaction for U.S. federal
income tax purposes. Former U.S. holders of Bell Aliant common shares
generally will recognize a gain or loss equal to the difference, if
any, between (a) the fair market value of any BCE common shares
received in exchange for such Bell Aliant common shares, measured in
U.S. dollars, plus the U.S. dollar value of any cash received in
exchange for such Bell Aliant common shares and (b) such U.S. holder’s
adjusted tax basis in the Bell Aliant common shares. Any gain or loss
recognized upon the exchange generally will be treated as capital gain
or loss.

A non-U.S. holder will generally not be subject to U.S. federal income
tax on gain recognized on exchange of Bell Aliant common shares
pursuant to BCE’s offer unless the gain is “effectively connected”
with the non-U.S. holder’s conduct of a trade or business in the
United States or the non-U.S. holder is an individual present in the
United States for 183 or more days in the taxable year of the
exchange, and certain other requirements are met.

You are urged to consult your own tax advisors to determine the
particular tax consequences to you. For a brief summary of certain
U.S. federal income tax consequences of accepting the offer, see
Section 26 of the Circular, “Certain United States Federal Income Tax
Considerations” .

Where can I find the tax instruction letter and Tax Election forms?
If you are a Canadian resident and wished to make a tax election for
income tax purposes in respect of your Bell Aliant common shares
disposed of pursuant to the BCE offer, you were required to complete a
short questionnaire within 90 days after the disposition of your
common shares. Within 30 days of receipt of your completed
questionnaire, a tax election form signed by BCE containing your
information was provided to you.

The deadline for submission of the completed questionnaire has passed
and your tax elections are currently being processed.

For any questions or concerns about the questionnaire or the tax
instruction letter, please email the Technical Assistance Helpline at
bellaliant@taxelection.ca.

For any additional questions, please contact the CST Trust Company at:

Toll free in North America: 1-866-271-6893
Outside of North America: 1-416-682-3860
E-mail: inquiries@canstockta.com

MORE INFORMATION

Who can I call for more information?
Any questions may be directed to CST Trust Company:

CST Trust Company
Toll free in North America: 1-866-271-6893
Outside of North America: 1-416-682-3860
E-mail: inquiries@canstockta.com


Information for Former Holders of Bell Aliant Preferred Shares
BCE’s preferred share offer expired at 5:00 pm (Eastern Time) on
September 19, 2014. As all conditions of BCE’s preferred share offer
have been satisfied, the BCE preferred shares exchanged for tendered
Bell Aliant preferred shares were issued on September 24, 2014 and
commenced trading on the TSX at the open of trading on the next day.

On October 3, 2014, BCE announced that the company had entered into an
agreement with Bell Aliant Preferred Equity Inc. (Prefco) to effect an
amalgamation of Prefco with a newly incorporated, wholly owned
subsidiary of BCE. The amalgamation of Prefco was approved by
preferred shareholders on October 31, 2014 and became effective
November 1, 2014.

Subject to the terms and conditions of the amalgamation agreement,
Prefco preferred shareholders received the same newly issued BCE
preferred shares, with the same financial terms as the existing Prefco
preferred shares, that were received by preferred shareholders who
tendered to the preferred share offer.

Bell Aliant preferred shares were delisted from the TSX at the close
of trading on November 3, 2014.


Frequently Asked Questions about the Preferred Share Exchange Offer
The questions and answers below are not meant to be a substitute for
the more detailed description and information contained in the Offer
and Circular and the Letter of Transmittal. Bell Aliant preferred
shareholders were urged to read each of these documents carefully
prior to making any decision regarding whether or not to tender their
Bell Aliant preferred shares.

TAKE-UP AND EXCHANGE

What did I receive in exchange for my Bell Aliant preferred shares?
In exchange for each of your existing Bell Aliant preferred shares,
you received one newly-issued preferred share of BCE having the same
financial terms as your previous Bell Aliant preferred shares.

DIVIDENDS

Did I miss any dividend payments if I accepted BCE's offer?
No. Acceptance of BCE’s offer did not affect the amount or timing of dividends.

TAX IMPLICATIONS

What are the Canadian federal income tax consequences of accepting BCE's offer?
Taxable Canadian Bell Aliant preferred shareholders who tendered their
Bell Aliant preferred shares to BCE’s offer will generally be entitled
to a rollover to defer Canadian taxation on any capital gains in
respect of such shares.

The above is a brief summary of Canadian federal income tax
consequences only of accepting BCE’s offer and is qualified by the
description of the Canadian federal income tax considerations in
Section 24 of the Circular, “Certain Canadian Federal Income Tax
Considerations”. You are urged to consult your own tax advisors to
determine the particular tax consequences to you.

MORE INFORMATION

Who can I call for more information?
Any questions may be directed to CST Trust Company:

CST Trust Company
Toll free in North America: 1-866-271-6893
Outside of North America: 1-416-682-3860
E-mail: inquiries@canstockta.com

Download Centre
Press release: BCE to privatize affiliate Bell Aliant  (July 23, 2014)
Analyst Presentation: BCE to privatize affiliate Bell Aliant  (July 23, 2014)
Press Release: BCE formally launches offers to purchase all
outstanding Bell Aliant common shares and to exchange all outstanding
Bell Aliant preferred shares (Aug 14, 2014)
BCE Common Share Offer Circular  (Aug 14, 2014)
Bell Aliant Directors' Circular - Common Share  (Aug 14, 2014)
BCE Preferred Share Exchange Offer Circular  (Aug 14, 2014)
Bell Aliant Directors' Circular - Preferred Share Exchange  (Aug 14, 2014)
Press release: BCE completes next step of Bell Aliant privatization
(Sept 22, 2014)
Tax Instruction Letter  (Sept 29, 2014)
Information Circular – Proposed amalgamation of Bell Aliant Preferred
Equity Inc.  (Oct 3, 2014)
Questionnaire for tax election  (Oct 3, 2014)
Press release: BCE announces successful completion of Bell Aliant
common share tender offer, transaction on track to close on or about
October 31 (Oct 3, 2014)
Notice of compulsory acquisition  (Oct 10, 2014)
Letter of Transmittal - Compulsory acquisition  (Oct 10, 2014)
Press release: BCE completes Bell Aliant privatization, invests in
Bell Aliant brand and Atlantic Canada (Nov 3, 2014)


https://www.newswire.ca/news-releases/bce-announces-election-of-directors-681649791.html

BCE announces election of Directors




News provided by
Bell Canada
May 03, 2018, 13:12 ET

MONTRÉAL, May 3, 2018 /CNW Telbec/ - BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that shareholders voted in favour of all items of business put forth by BCE at the company's Annual General Shareholder Meeting today in Toronto, including the election of the Directors by a majority of the votes cast by shareholders present or represented by proxy:

Nominee
Votes For
% For
Votes Withheld
% Withheld
Barry K. Allen
380,071,870
98.20%
6,965,381
1.80%
Sophie Brochu
382,647,974
98.87%
4,386,782
1.13%
Robert E. Brown
382,323,782
98.78%
4,710,923
1.22%
George A. Cope
385,292,423
99.55%
1,742,282
0.45%
David F. Denison
384,451,265
99.33%
2,583,440
0.67%
Robert P. Dexter
367,157,600
94.86%
19,877,105
5.14%
Ian Greenberg
368,416,910
95.19%
18,617,795
4.81%
Katherine Lee
384,756,806
99.41%
2,278,051
0.59%
Monique F. Leroux
383,171,403
99.00%
3,863,302
1.00%
Gordon M. Nixon
(Chair of the Board)
379,291,408
98.00%
7,743,297
2.00%
Calin Rovinescu
383,183,052
99.00%
3,851,653
1.00%
Karen Sheriff
385,035,062
99.48%
1,999,643
0.52%
Robert C. Simmonds
382,861,987
98.92%
4,172,718
1.08%
Paul R. Weiss
378,610,346
97.82%
8,424,059
2.18%

For Director biographies, please visit the Board members & committees section under Governance on BCE.ca. Information regarding all matters subject to a vote during BCE's Annual General Shareholder Meeting is available on SEDAR.com.

About BCE BCE is Canada's largest communications company, providing advanced Bell broadband wireless, TV, Internet and business communication services throughout the country. Bell Media is Canada's premier content creation company with leading assets in television, radio, out of home, and digital media. To learn more, please visit Bell.ca or BCE.ca.

The Bell Let's Talk initiative promotes Canadian mental health with national awareness and anti-stigma campaigns like Bell Let's Talk Day and significant Bell funding of community care and access, research and workplace mental health initiatives. To learn more, please visit Bell.ca/LetsTalk.

Media inquiries:
Jean Charles Robillard
514-870-4739
jean_charles.robillard@bell.ca

Investor inquiries:
Thane Fotopoulos
514-870-4619
thane.fotopoulos@bell.ca

SOURCE Bell Canada




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