US Stock Market Officially Crashes
- Thread starter mentalfloss
- Start date
Why did Canada just borrow $1.139T?
This amendment to Canada’s Annual Report on Form 18-K for the year ending March 31, 2019 is being filed to include as exhibits to such form (i) the Opinion and Consent of General Counsel, Department of Justice (Canada), Finance Canada Law Branch, (ii) Consent of Milbank LLP, U.S. Counsel for Canada and (iii) Consent of Stikeman Elliott LLP, Canadian Counsel for the underwriters, all of which were prepared in connection with the offering of U.S. $3,000,000,000 aggregate principal amount of Canada’s 1.625% United States Dollar Bonds due January 22, 2025 (the “bonds”) described in Canada’s prospectus supplement dated January 14, 2020 (the “prospectus supplement”) to its prospectus dated January 26, 2018 (the “prospectus”) relating to bonds registered on Registration Statement No. 333-222149.
That portion of the bonds offered by the prospectus supplement and prospectus sold or to be sold in the United States or in circumstances where registration of the bonds is required has been registered under registration statement no. 333-222149. Such portion is not expected to exceed an aggregate principal amount of U.S. $1,139,800,000. Following the completion of the offering of the bonds offered by the prospectus supplement and the prospectus, an aggregate of U.S. $3,928,950,000 will remain registered on registration statement no. 333-222149.
The exhibits to Canada’s Annual Report on Form 18-K for the year ended March 31, 2019, are hereby amended to include the following:
Exhibit E:
Opinion and Consent of General Counsel, Department of Justice (Canada), Finance Canada Law Branch
Exhibit F:
Consent of Milbank LLP
Exhibit G:
Consent of Stikeman Elliott LLP
It is estimated that the expenses of Canada in connection with the sale of the bonds will be as follows:
Filing Fee(1)(2)
U.S. $ 132,444.76
Legal
30,000
Miscellaneous Expenses
12,555.24
U.S. $ 175,000
(1)
Calculated based on filing fee of U.S.$ 116.20 per U.S.$ 1,000,000 for debt securities registered in 2015.
(2)
Calculated based on filing fee of U.S.$ 124.50 per U.S.$ 1,000,000 for debt securities registered in 2018.
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Amendment No. 1 to its annual report to be signed on its behalf by the undersigned, thereunto duly authorized, at Ottawa, Canada, on the 21st day of January, 2020.
This amendment to Canada’s Annual Report on Form 18-K for the year ending March 31, 2019 is being filed to include as exhibits to such form (i) the Opinion and Consent of General Counsel, Department of Justice (Canada), Finance Canada Law Branch, (ii) Consent of Milbank LLP, U.S. Counsel for Canada and (iii) Consent of Stikeman Elliott LLP, Canadian Counsel for the underwriters, all of which were prepared in connection with the offering of U.S. $3,000,000,000 aggregate principal amount of Canada’s 1.625% United States Dollar Bonds due January 22, 2025 (the “bonds”) described in Canada’s prospectus supplement dated January 14, 2020 (the “prospectus supplement”) to its prospectus dated January 26, 2018 (the “prospectus”) relating to bonds registered on Registration Statement No. 333-222149.
That portion of the bonds offered by the prospectus supplement and prospectus sold or to be sold in the United States or in circumstances where registration of the bonds is required has been registered under registration statement no. 333-222149. Such portion is not expected to exceed an aggregate principal amount of U.S. $1,139,800,000. Following the completion of the offering of the bonds offered by the prospectus supplement and the prospectus, an aggregate of U.S. $3,928,950,000 will remain registered on registration statement no. 333-222149.
The exhibits to Canada’s Annual Report on Form 18-K for the year ended March 31, 2019, are hereby amended to include the following:
Exhibit E:
Opinion and Consent of General Counsel, Department of Justice (Canada), Finance Canada Law Branch
Exhibit F:
Consent of Milbank LLP
Exhibit G:
Consent of Stikeman Elliott LLP
It is estimated that the expenses of Canada in connection with the sale of the bonds will be as follows:
Filing Fee(1)(2)
U.S. $ 132,444.76
Legal
30,000
Miscellaneous Expenses
12,555.24
U.S. $ 175,000
(1)
Calculated based on filing fee of U.S.$ 116.20 per U.S.$ 1,000,000 for debt securities registered in 2015.
(2)
Calculated based on filing fee of U.S.$ 124.50 per U.S.$ 1,000,000 for debt securities registered in 2018.
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Amendment No. 1 to its annual report to be signed on its behalf by the undersigned, thereunto duly authorized, at Ottawa, Canada, on the 21st day of January, 2020.
Probably both, Sen Loeffler not only dumped stock, illegally using non-public information (allegedly), she used the proceeds to buy stock in a TELEWORKING SOFTWARE company, profiting off the COVID-19 induced collapse of the economy.
Et tu Fox News? Tucker Carlson calls for Senator Burr to resign and await prosecution for insider trading if he cannot provide a reasonable explanation for his actions. He goes on to say it appears that Senator Burr betrayed his country in a time of crisis.
Its another Sunday. Maybe time to sit back and take another look at what has happened since January 01.
DOW JONES started the year at 28,800 and is now at 19,174 down about 33%
TSX started the year at 17,100 and is now at 11,852 down about 44%
GE started the year at $11.93 and is now at $6.52 down about 45%
Teck resources started the year at $22.68 and is now at $10.12 down about 55%
Tesla started the year at $430 and is now at $427 down less than 1%
DOW JONES started the year at 28,800 and is now at 19,174 down about 33%
TSX started the year at 17,100 and is now at 11,852 down about 44%
GE started the year at $11.93 and is now at $6.52 down about 45%
Teck resources started the year at $22.68 and is now at $10.12 down about 55%
Tesla started the year at $430 and is now at $427 down less than 1%
You two should be buying up stock for when the pandemic is over you'll make some money as the economy rebounds back to where it was, the Trump Economy.
Oh, sorry I mentioned it, Avro a welfare grabbing loser, and an ex-ambulance chasing lair, you both have no money.. :lol:
No wonder you're both so bitter.
Oh, sorry I mentioned it, Avro a welfare grabbing loser, and an ex-ambulance chasing lair, you both have no money.. :lol:
No wonder you're both so bitter.
The upcoming job losses will be unlike anything the US has ever seen
https://www.cnbc.com/2020/03/20/the...-be-unlike-anything-the-us-has-ever-seen.html
projections of up to 5 million jobs lost in the next few months.
in the 2008 financial meltdown there were 800,000 jobs lost.
https://www.cnbc.com/2020/03/20/the...-be-unlike-anything-the-us-has-ever-seen.html
projections of up to 5 million jobs lost in the next few months.
in the 2008 financial meltdown there were 800,000 jobs lost.
