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	<title>GrossmanCGA - How can I help?bank | GrossmanCGA &#8211; How can I help?</title>
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	<link>http://grossmancga.com/site</link>
	<description>Independent advice in your best interest</description>
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		<title>Inapplicability Of The Personal Property Security Act (Ontario) To Insurance</title>
		<link>http://grossmancga.com/site/2012/05/07/inapplicability-of-personal-property-security-act-ontario-insurance/</link>
		<comments>http://grossmancga.com/site/2012/05/07/inapplicability-of-personal-property-security-act-ontario-insurance/#comments</comments>
		<pubDate>Mon, 07 May 2012 23:56:04 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[DIP]]></category>
		<category><![CDATA[lender]]></category>
		<category><![CDATA[loan]]></category>
		<category><![CDATA[PPSA]]></category>
		<category><![CDATA[security]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=2069</guid>
		<description><![CDATA[by Scott Horner of Osler, Hoskin &#38; Harcourt LLP We recently represented a US bank in Ontario on a secured refinancing for a Canadian borrower. The Canadian borrower owns a number of Canadian and US subsidiaries (the Canadian borrower and its subsidiaries, the &#8220;Loan Parties&#8221;) which delivered secured guarantees. US counsel for the bank agreed...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2012/05/07/inapplicability-of-personal-property-security-act-ontario-insurance/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Revised OSFI Guideline B-6 – Liquidity Principles</title>
		<link>http://grossmancga.com/site/2012/03/18/revised-osfi-guideline-b-liquidity-principles/</link>
		<comments>http://grossmancga.com/site/2012/03/18/revised-osfi-guideline-b-liquidity-principles/#comments</comments>
		<pubDate>Sun, 18 Mar 2012 21:35:27 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[basel]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[liquidity]]></category>
		<category><![CDATA[OSFI]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=2037</guid>
		<description><![CDATA[Article by Jeffrey S. Graham, Stephen J. Redican and Jenna Grant of Borden Ladner Gervais LLP BACKGROUND The Office of the Superintendent of Financial Institutions (&#8220;OSFI&#8221;) has released a final version of revised Guideline B-6 – Liquidity Principles (&#8220;Guideline&#8221;). The Guideline has been updated to incorporate the principles set out in the Basel Committee on...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2012/03/18/revised-osfi-guideline-b-liquidity-principles/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Canadian Government Imposes Additional Requirements on Certain Financial Products and Services</title>
		<link>http://grossmancga.com/site/2012/03/18/canadian-government-imposes-additional-requirements-on-certain-financial-products-services/</link>
		<comments>http://grossmancga.com/site/2012/03/18/canadian-government-imposes-additional-requirements-on-certain-financial-products-services/#comments</comments>
		<pubDate>Sun, 18 Mar 2012 20:46:29 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[cheque]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[guides]]></category>
		<category><![CDATA[lender]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=2034</guid>
		<description><![CDATA[By Blair W. Keefe, Peter A. Aziz and Eli Monas of Torys LLP The Canadian federal government recently published three regulations that will impose additional requirements and restrictions on the use of credit card cheques, on cheque hold periods and on the provision of new optional products or services. Proposed amendments to the Credit Business Practices Regulations would require...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2012/03/18/canadian-government-imposes-additional-requirements-on-certain-financial-products-services/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Changes Affecting Canada&#8217;s Payments and Cards Industry in 2011</title>
		<link>http://grossmancga.com/site/2012/01/18/changes-affecting-canadas-payments-cards-industry/</link>
		<comments>http://grossmancga.com/site/2012/01/18/changes-affecting-canadas-payments-cards-industry/#comments</comments>
		<pubDate>Thu, 19 Jan 2012 01:57:32 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[interest]]></category>
		<category><![CDATA[loan]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=2015</guid>
		<description><![CDATA[By Blair Keefe, Dan Logan, Peter Aziz and Eli Monas of Torys LLP The Financial Consumer Agency of Canada (FCAC) issued several guidance notes and decisions affecting the payments and card business of federally regulated financial institutions (FRFIs) and others in 2011. In this bulletin, we highlight some of the FCAC’s more important pronouncements. Background In January 2010, the...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2012/01/18/changes-affecting-canadas-payments-cards-industry/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Sales Thought &#8211; Before The Cold Sets In</title>
		<link>http://grossmancga.com/site/2011/10/03/sales-thought-before-cold-sets/</link>
		<comments>http://grossmancga.com/site/2011/10/03/sales-thought-before-cold-sets/#comments</comments>
		<pubDate>Tue, 04 Oct 2011 03:52:54 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Advisors' guides]]></category>
		<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[benefit]]></category>
		<category><![CDATA[bubbles]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[guides]]></category>
		<category><![CDATA[prospect]]></category>
		<category><![CDATA[sales]]></category>
		<category><![CDATA[trend]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1942</guid>
		<description><![CDATA[by Nick Miller of Clarity Advantage In which we are reminded to engage our clients on what’s top of mind for them right now rather than on what’s top of mind for us. I live near Boston, Massachusetts.  The Red Sox are finished.  Winter is coming.  Around the Miller household, we are preparing our house...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What is the current status regarding commercial lending practices in Canada as we are heading into the month of October, 2011? Is it business as usual or ???</title>
		<link>http://grossmancga.com/site/2011/10/02/current-status-ccl/</link>
		<comments>http://grossmancga.com/site/2011/10/02/current-status-ccl/#comments</comments>
		<pubDate>Sun, 02 Oct 2011 21:30:45 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[commercial]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[lender]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[sales]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1935</guid>
		<description><![CDATA[John Eric Pollabauer posted this question to the Canadian Commercial Lenders group on LinkedIn: &#8220;What is the current status regarding commercial lending practices in Canada as we are heading into the month of October, 2011? Is it business as usual or ???&#8221; For myself [EG], account managers from two financial institutions tell me that at...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/10/02/current-status-ccl/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Retractable Shares: The Unexpected Creditor</title>
		<link>http://grossmancga.com/site/2011/09/29/retractable-shares-unexpected-creditor/</link>
		<comments>http://grossmancga.com/site/2011/09/29/retractable-shares-unexpected-creditor/#comments</comments>
		<pubDate>Thu, 29 Sep 2011 23:49:59 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Bankruptcy and insolvency rules]]></category>
		<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[court]]></category>
		<category><![CDATA[creditor]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[priority]]></category>
		<category><![CDATA[retractable]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1932</guid>
		<description><![CDATA[By Richard Dusome of Gowling Lafleur Henderson LLP When structuring a new financing for a corporate borrower, lenders typically obtain postponements from all other creditors and shareholders advancing loans to the proposed borrower.  Postponements establish the lender’s priority to receive payment from the borrower vis-à-vis these other known creditors. However, some shareholders who have not...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/09/29/retractable-shares-unexpected-creditor/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Guarantor Waivers of PPSA Rights in British Columbia</title>
		<link>http://grossmancga.com/site/2011/09/29/guarantor-waivers-of-ppsa-rights-british-columbia/</link>
		<comments>http://grossmancga.com/site/2011/09/29/guarantor-waivers-of-ppsa-rights-british-columbia/#comments</comments>
		<pubDate>Thu, 29 Sep 2011 23:37:28 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Bankruptcy and insolvency rules]]></category>
		<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[bc]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[court]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[demand]]></category>
		<category><![CDATA[guarantee]]></category>
		<category><![CDATA[guarantor]]></category>
		<category><![CDATA[PPSA]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1929</guid>
		<description><![CDATA[By Mike Todd of Gowling Lafleur Henderson LLP Lenders should be aware that one of the waivers found in most standard form guarantees of certain statutory rights is not effective under the British Columbia Personal Property Security Act (“BCPPSA”). This was the result in the recent BC Supreme Court decision HSBC Bank Canada v. Kupritz. The facts...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/09/29/guarantor-waivers-of-ppsa-rights-british-columbia/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Banks Have Right To Hold Tight In Paying Cheques &#8211; Ontario Court holds that banks need not bear the risks of cheques being dishonored</title>
		<link>http://grossmancga.com/site/2011/09/27/banks-have-right-hold-tight-paying-cheques-ontario-court-holds-that-banks-need-not-bear-risks-of-cheques-being-dishonored/</link>
		<comments>http://grossmancga.com/site/2011/09/27/banks-have-right-hold-tight-paying-cheques-ontario-court-holds-that-banks-need-not-bear-risks-of-cheques-being-dishonored/#comments</comments>
		<pubDate>Tue, 27 Sep 2011 18:09:37 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Advisors' guides]]></category>
		<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[Canadian Securities]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[benefit]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[cheques]]></category>
		<category><![CDATA[court]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1927</guid>
		<description><![CDATA[By Lisa Brost and Jeffrey Levine of McMillan LLP Generally speaking, banks’ customers have no immediate right to the proceeds of the cheques that they deposit. Under the terms of most banking services agreements, banks can place holds on cheques deposited by their clients for a reasonable period of time. Further, even if a hold is...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/09/27/banks-have-right-hold-tight-paying-cheques-ontario-court-holds-that-banks-need-not-bear-risks-of-cheques-being-dishonored/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Ideal Business Banking Account Manager</title>
		<link>http://grossmancga.com/site/2011/09/22/ideal-business-banking-account-manager/</link>
		<comments>http://grossmancga.com/site/2011/09/22/ideal-business-banking-account-manager/#comments</comments>
		<pubDate>Thu, 22 Sep 2011 19:44:06 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Advisors' guides]]></category>
		<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[account]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[manager]]></category>
		<category><![CDATA[service]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1906</guid>
		<description><![CDATA[Here are a few characteristics of the ideal banking account manager for a business, based on feedback from the businesses I work with: Returns your calls promptly Answers your questions with clarity and authority Always has time to consult with you about your needs and performance Suggests techniques for innovative loan structuring Is effective in making your...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/09/22/ideal-business-banking-account-manager/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Sales Thought &#8211; The Quality of the Question</title>
		<link>http://grossmancga.com/site/2011/08/08/sales-thought-quality-of-question/</link>
		<comments>http://grossmancga.com/site/2011/08/08/sales-thought-quality-of-question/#comments</comments>
		<pubDate>Tue, 09 Aug 2011 00:00:38 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Advisors' guides]]></category>
		<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[guides]]></category>
		<category><![CDATA[pitch]]></category>
		<category><![CDATA[product]]></category>
		<category><![CDATA[proposal]]></category>
		<category><![CDATA[prospect]]></category>
		<category><![CDATA[sales]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1846</guid>
		<description><![CDATA[by Nick Miller of Clarity Advantage In which we are reminded that the value we create in our sales conversations is proportional to the quality of the questions we ask and whose interests we are attempting to serve by asking them. This is a story about a sales call. A  very experienced, productive (among the top 25%...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/08/08/sales-thought-quality-of-question/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bare Trustees And Nominees</title>
		<link>http://grossmancga.com/site/2011/05/20/bare-trustees-nominees/</link>
		<comments>http://grossmancga.com/site/2011/05/20/bare-trustees-nominees/#comments</comments>
		<pubDate>Sat, 21 May 2011 02:56:55 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[guides]]></category>
		<category><![CDATA[nominee]]></category>
		<category><![CDATA[trustee]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1725</guid>
		<description><![CDATA[by Chris Huband of Blake, Cassels &#38; Graydon LLP Bare trustees or nominees are often encountered in mortgage lending situations. Both borrowers and lenders need to know how to deal with a bare trustee in order to avoid potentially serious consequences. What is a Bare Trustee? A bare trustee, or nominee, arrangement exists where: the...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/05/20/bare-trustees-nominees/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<item>
		<title>Intercreditor Agreements &#8211; Ontario Court Of Appeal Considers Circular Priorities</title>
		<link>http://grossmancga.com/site/2011/05/12/intercreditor-agreements-ontario-court-of-appeal-considers-circular-priorities/</link>
		<comments>http://grossmancga.com/site/2011/05/12/intercreditor-agreements-ontario-court-of-appeal-considers-circular-priorities/#comments</comments>
		<pubDate>Thu, 12 May 2011 18:37:22 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[benefit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[lender]]></category>
		<category><![CDATA[priority]]></category>
		<category><![CDATA[subordinate]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1718</guid>
		<description><![CDATA[By Andrea Lockhart of Osler, Hoskin &#38; Harcourt LLP A recent decision of the Ontario Court of Appeal illustrates that secured creditors should address their priority position relative to all other creditors of their borrower in order to achieve a complete subordination of competing security. Failure to do so in this case resulted in circular...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/05/12/intercreditor-agreements-ontario-court-of-appeal-considers-circular-priorities/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>2011 Perspectives on the Canadian Banking Industry</title>
		<link>http://grossmancga.com/site/2011/03/15/2011-perspectives-on-the-canadian-banking-industry/</link>
		<comments>http://grossmancga.com/site/2011/03/15/2011-perspectives-on-the-canadian-banking-industry/#comments</comments>
		<pubDate>Tue, 15 Mar 2011 16:44:02 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[Canada]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1564</guid>
		<description><![CDATA[by Diane Kazarian, Ryan Leopold, George Sheen and John MacKinlay of PricewaterhouseCoopers In a time of accelerating change, Canadian banks have done far more than what&#8217;s necessary to survive over the past year. As many global banks struggled to regain their pre-crisis position, Canada&#8217;s Big Six banks leveraged their well managed, well regulated and well...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/03/15/2011-perspectives-on-the-canadian-banking-industry/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Canadian asset performance &#8211; a relative story</title>
		<link>http://grossmancga.com/site/2011/02/08/canadian-asset-performance-a-relative-story/</link>
		<comments>http://grossmancga.com/site/2011/02/08/canadian-asset-performance-a-relative-story/#comments</comments>
		<pubDate>Tue, 08 Feb 2011 15:28:21 +0000</pubDate>
		<dc:creator>Eric Grossman, CGA</dc:creator>
				<category><![CDATA[Canadian Commercial Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[bubbles]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[insolvency]]></category>
		<category><![CDATA[lender]]></category>
		<category><![CDATA[securitization]]></category>
		<category><![CDATA[trend]]></category>

		<guid isPermaLink="false">http://grossmancga.com/site/?p=1521</guid>
		<description><![CDATA[by Mark McElheran of Stikeman Elliott LLP It remains to be seen whether the reform fever that is presently sweeping through the US securitization market will continue unabated across the 49th parallel but there is no question that these monumental reforms have given rise to a considerable amount of discussion and debate over the appropriateness...]]></description>
		<wfw:commentRss>http://grossmancga.com/site/2011/02/08/canadian-asset-performance-a-relative-story/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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