Newswires - Daily Commercial News

NorRock Realty Finance Corporation Update for Holders of Class A Shares

Sat, 11 Feb 2012 16:10:02 EST

TORONTO, ONTARIO--(Marketwire - Feb. 10, 2012) - NorRock Realty Finance Corporation (TSX:RF.A) ("NorRock" or the "Corporation") advises that holders of NorRock Class A shares will receive units of Partners Real Estate Investment Trust ("Partners REIT") (TSX VENTURE:PAR.UN) on a post-consolidated basis.

Goodfellow Reports its Results for the First Quarter Ended November 30, 2011

Sat, 11 Feb 2012 16:10:02 EST

DELSON, QUEBEC--(Marketwire - Feb. 10, 2012) - Goodfellow Inc. (TSX:GDL) announced today its financial results for the first quarter ended November 30, 2011. The accompanying Interim Financial Statements for the first three months ended November 30, 2011 have been prepared in accordance with IFRS. The Company generated net earnings of $0.9 million or $0.10 per share compared to net earnings of $1.0 million or $0.11 per share a year ago. Consolidated sales for the first three months ended November 30, 2011 were $106.0 million compared to $109.4 million in the previous year. Cash flow from operations (excluding non-cash working capital items) for the first quarter of Fiscal 2012 decreased to $1.7 million from $2.1 million for the same period last year. The sales decline was mainly due to the decline from retail customer sales and a reduction of Industrial and Governmental project deliveries in the first quarter of Fiscal 2012. The Canadian housing market remained relatively active increasing 8.4% to 199,500 units on average (Source: CMHC) for the three months ended November 30, 2011 compared to 184,100 units in the first quarter a year ago. The sales decline was mitigated by our focused attention on cost reduction in all areas of our business in order to align our cost structure with expected lower business ahead.

REMINDER/Chaudiere Crossing: Lane Reductions

Sat, 11 Feb 2012 16:10:02 EST

GATINEAU, QUEBEC--(Marketwire - Feb. 11, 2012) - Public Works and Government Services Canada wishes to advise motorists that current lane reductions on the Chaudi�re Crossing will remain in effect until March 16, 2012.

Chaudiere Crossing: Lane Reductions

Sat, 11 Feb 2012 16:10:02 EST

GATINEAU, QUEBEC--(Marketwire - Feb. 10, 2012) - Public Works and Government Services Canada wishes to advise motorists that current lane reductions on the Chaudi�re Crossing will remain in effect until March 16, 2012.

Governments of Canada and Prince Edward Island Celebrate Official Opening of Bella Place

Sat, 11 Feb 2012 16:10:02 EST

CHARLOTTETOWN, PRINCE EDWARD ISLAND--(Marketwire - Feb. 10, 2012) -

Media Advisory: Government of Canada to Announce Prosperity Building Investments in Research

Sat, 11 Feb 2012 16:10:02 EST

OTTAWA, ONTARIO--(Marketwire - Feb. 10, 2012) - The Honourable Gary Goodyear, Minister of State (Science and Technology) will announce an investment in promising new research partnerships at universities across Canada.

Park Lawn Corporation Announces February 2012 Dividend

Sat, 11 Feb 2012 16:10:02 EST

TORONTO, ONTARIO--(Marketwire - Feb. 10, 2012) - Park Lawn Corporation ("Park Lawn") (TSX VENTURE:PLC) announced today that the monthly dividend of $0.038 per share will be payable on March 15, 2012 to shareholders of record at February 29, 2012.

Park Lawn Corporation indirectly holds six cemeteries in the Greater Toronto Area, Services Memorables Harmonia Inc based in Quebec City and an interest in Bloorpark Developments Inc. (www.parklawnlp.ca).