Author name: Magnolia

Magnolia exists to help businesses tell their brand story and ensure that it relates to and resonates with their customers. At Magnolia, we are deeply committed to championing your brand and bolstering your reputation. Whether through digital advertising, PR, or content marketing, we ensure you have a continual, advantageous digital media presence that places you in the forefront of your market in a thought leadership position.

The Fine Print: Form and Sufficiency of Letters of Credit to Vacate Liens

One of the most efficient ways to have the lien removed from title is to “vacate” the lien. However, vacating the lien does not resolve the underlying dispute between the lien claimant and the contracting party. If a contractor is not paid within a certain amount of time, they may register a construction lien against […]

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Ontario Superior Court rules limited partners cannot cause partnership to make cash distributions

Parties contemplating the formation of a limited partnership in Ontario should consider the implications of a recent decision by the Ontario Superior Court of Justice in Anthony v. Binscarth Holdings GP Inc., [2024] O.J. No. 1580. The court in Anthony considered limited partners’ entitlement to annual cash distributions, and specifically, their ability to cause the general partner to

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Anticipating the needs of aging condo communities

Andy Rittenhouse, specifications manager with Somfy Systems, a smart home solutions company, has witnessed a growing demand for technology that enhances the comfort and well-being of aging residents in condos. There’s a strong focus on increasing accessibility but also promoting health, safety and autonomy. “We’re seeing increased interest in a range of smart technologies: voice-activated

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Evergreen funds are gaining in popularity. Here’s why

Evergreen funds represented at least US$350 billion in global net asset value at the end of 2023, according to a report by Preqin Ltd., an alternative assets data provider, released this year. And, over the past five years, the number of evergreen funds has almost doubled to more than 500. “That’s tremendous growth,” said Tom

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Somfy, Draper Collaborate to Launch Sustainable Housing

Somfy, a global manufacturer of motors for interior window coverings and exterior solar protections, and Draper, a window shades fabricator, launched a pilot program for sustainable housing in Clovis, California. The launch event was attended by Congressman Vince Fong, who has been actively involved in lowering energy costs in the state. Also in attendance were

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SureWerx Promotes Global Chief Supply Chain Officer

SureWerx, a leading global supplier of personal protective equipment, safety solutions, and tools and equipment, announced that Eric Fouts has been promoted to the role of global chief supply chain officer. Fouts will continue to lead all aspects of SureWerx’s supply chain, manufacturing and operations functions, and will continue to report to Christian Wiltrout, global

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Which thematic ETFs should investors be looking at?

Artificial intelligence (AI) and cybersecurity have excellent growth opportunities in the medium to long term. The rapid development of AI has tentacles in almost every sector, and a wide range of ETFs are seeking to capitalize on this trend. Meanwhile, there are several cybersecurity ETFs available that are looking to cash in on an industry

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How to Hurricane-Proof Your Roof

Control your window coverings whether you’re home or away. Somfy manufacturers smart rolling shutters that protect your windows during severe weather, and unlike other shutters they’re completely smart home compatible. These automated solutions are a game-changer for homeowners who aren’t at home when a fast-moving weather event threatens the area. Read the full hurricane-proofing article here.

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Brazil’s real gains after cenbank resumes rate hikes; other currencies steady

The rise in the benchmark Selic interest rate for the first time in over two years also comes in the face of the Federal Reserve’s larger-than-usual 50-bps cut in U.S. interest rates andprojections of another half-a-percentage-point cut by year-end. “Many market participants anticipated this move, but some believe it could be more symbolic, helping to boost confidence

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