Canadian Funding Corporation |
| Thornhill, ON |
|
Canada |
About Canadian Funding Corporation
Excellent Client Service
Canadian Funding Corporation provides exceptional service to its clients while bringing efficient results. Canadian Funding Corporation provides an assortment of financial and loan services across Canada and the United States, including bridge loans for short-term needs, renovation and repositioning of loans, refinancing, and loan renewal. The firm also provides expert consultation on lending and funding needs.
Finding the Best Funding Solution
Canadian Funding Corporation’s diverse lending, brokerage, and investment group pays special attention to the specific needs of its clients and examines their options to propose the appropriate lending or funding solution. The team’s ability to look at the big picture, in addition to reviewing the details of each individual project, sets CFC apart from typical lending institutions. Where other lending institutions repeatedly deny funding due to baseline numbers, Canadian Funding Corporation seeks to approve. Canadian Funding Corporation brings together the best team of lenders to make every project dream a reality.
Canadian Funding Corporation's Team
Moishe Alexander, the Founder of Canadian Funding Corporation, has led the business as President since 2006. Moishe oversees the team of highly skilled professionals with backgrounds in the mortgage industry and experience in market valuation and assets and acquisitions techniques. Bringing together its staff’s skill sets, Canadian Funding Corporation ensures every potential project carries on with success. Its team closes deals promptly and efficiently, while ensuring effective results in every case. Canadian Funding Corporation aims for these goals no matter the size of the project and has closed over 300 transactions in the last three years, continuing to complete projects with clients and investors alike.
Halifax Leads Canada in Waste Diversion and Composting Reports Canadian Funding Corporation
Canadian Funding Corporation was impressed that organised opposition to a failed landfill and a proposed incinerator resulted in one of the most innovative solid waste management systems in North America.The Halifax Regional Municipality (HRM) has a population base of 350,000, with annual waste generation of 260,000 metric tonnes. In the early 1990s, after years of usage, the wetland area landfill servicing the region, was discovered to have had caused severe environmental damage that affected nearby residents. Ultimately, the HRM compensated the community, approximately $5 million, and bought adjacent homes.The situation prompted a review process to determine a new waste management strategy and resulted in the HRM advanced municipal solid waste management system.This system has significantly reduced the amount of waste that goes to landfill.About 1.4 tonnes less waste per resident, compared to 1995, reached the municipality's landfill site.This represents a 61.5% reduction from 1989 per person volumes.There was also a decrease of approximately 0.5 megatonnes of carbon dioxide equivalent GHG emissions.
The new system, according to Canadian Funding Corporation, did not require a property tax increase. Capital costs of $70.1 million, were financed through a mixture of public and private capital, along with design/build/operate contracts with the private sector.While operating costs for the new systems have been more expensive than the old system, $32.5 million per year compared to $23.4 million, both public and governmental bodies are satisfied with the new system, and consider the additional costs incurred justifiable. Also, a significant portion of the total operating costs (approximately 33%) are recovered through tipping fees1, and 125 jobs were created through public / private partnerships.
Canadian Funding Corporation: Innovations
The HRM solid waste management system includes the following:
• Residents are asked to separate their waste into recyclables, compostables and hazardous materials, and other residual refuse.The municipality provides blue bags and aerated carts, and either weekly or biweekly pick-up services.
• Eight collection zones were created (from a previous 25) with six haulers. (The biweekly collection schedule makes it feasible to still use one truck for trash and organics.) The HRM set up a mass balance flow between the eight zones. Organics are collected from four zones one week, and the other four the next.Trash is collected from each of the four on the alternating weeks.• One site that includes a mixed waste processing facility designed to handle 119,000 metric tons/year of MSW; a 13 channel agitated bed composting system to process the mixed waste after recyclables are removed; and a landfill for stabilized waste.
• Two separate composting facilities with total processing capacity of 61,000 metric tons/year. Both of theses facilities are privately owned and operated, each with put or pay guarantees($68.60/metric ton to one compost facility and $65.50 to the other) by HRM of 20,000 metric tons/year.
• Expansion of an existing materials recovery facility.
The recyclable materials are processed at the materials recovery facility (MRF), while the compostables are processed at the two composting facilities. Residual refuse is handled at the mixed waste processing facility. Before residual waste is landfilled it is passed along conveyor lines, where any remaining recyclable materials are removed by hand, and the remaining material is then ground into small pieces and transferred to an 18-day composting plant, to ensure that any residual putrescible material is rendered inert.Anything remaining after this process is then transferred to the new, virtually methane-free, residual disposal facility that has no odour problem, does not attract vermin or birds, and does not require an on-site leachate collection system.
During the new system's first nine months of operation, from January to September 1999, the amount of waste that required landfilling was 40% less than the previous year. However, the amount of commercial, industrial and institutional waste (ICI) (including waste from apartment buildings) fell only by eight per cent, resulting in some waste being temporarily exported to the neighbouring Queens region for landfilling.While the ICI sector is responsible for its own waste collection, the HRM does encourage the separation of compostables at source in two ways: (1) by setting differential tipping fees ($68/tonne for compostables and $110/tonne for residual refuse); and (2) by reserving the right to refuse unsorted loads that are delivered to the front-end processing/ waste stabilisation facility.Today, the total solid waste stream is roughly 55 percent residential and 45 percent commercial.
Not all of the 260,000 metric tons generated annually will go through the new HRM system. Construction and demolition debris, which accounts for 40,000 to 60,000 metric tons/year, and recyclables from the commercial sector go to private operators.This leaves roughly 190,000 for the HRM facilities and contractors to process.The design capacity is for 460 tons/day to come into the front end of the mixed waste facility. Even if the facility over capacity on the front-end, it can not dispose of anything directly into the landfill.
Canadian Funding Corporation reviews CMHC building case studies.