Features
Morley Greene: Trez Capital is Trés Terrific

By GERRY POSNER “Serendipity” is how Morley Greene describes what has brought him success in life. Perhaps he’s right, but I concluded, after chatting with him and reading articles about him – the most recent one in the Toronto Globe and Mail, that it was more than serendipity that has given Morley the life that he has now at age 81.
The only child of Abe and Sara Greenberg, Morley was raised across the street from St. John’s High School at Machray Avenue and Salter Street. Not surprisingly, he attended St. John’s High School, though he ultimately graduated Grade 12 at West Kildonan Collegiate. Morley admits he was a disinterested student. His tenacity carried him through though and, as he got older, his interest in learning blossomed.
Law was the path Morley Greene chose and it was a part of his life for over 32 years, after graduating from the University of Manitoba law school. His law career began in Winnipeg, then Edmonton and finally, Vancouver. His career took off almost right from the start, and it was not long after that he started his career that he was made a partner at the very prestigious law firm of Buchwald Asper Henteleff.
The future looked promising and soon after he was married, he was the father of three children. In 1976, Morley, just 35 years old, and with a young family, made a bold decision – a decision which changed his life forever. He decided to leave Winnipeg and try to take his tent and talent elsewhere. He credits the late Izzy Asper with paving his way to another high powered law firm in Edmonton. Izzy called his friend, Aaron Shtabsky, and soon Morley was ensconced at Shtabsky and Company. He specialized in tax, mortgages and the real estate industry. Had Morley remained in Edmonton, it would likedly have been all that he needed for the rest of his life in order to be a financial success.
But then another opportunity presented itself to Morley. The Imperial Development Group came calling. This company, led by Donald Gales, Gerald Libling and Gerald Raizen was in the midst of major property acquisitions and development in Winnipeg and elsewhere. Morley was invited to join the company in an executive capacity. It was a major step up for Morley.
In 1979, he and his family moved back to Winnipeg and things went well – until they didn’t. The high interest rates of the 1980s were no doubt a key factor in the eventual dissolution of the Imperial Group. Morley Greene had to start over.
In 1991 he headed further west – this time to Vancouver, where he joined the very well know law firm of Owen Bird. He became licensed to practice law in British Columbia, his third call to the Bar – after Manitoba and Alberta. For six more years Greene was once again a hard working lawyer in a big firm. But then Morley made a second major decision that changed the course of his entire career. In 1997, he gave up law and decided to take on an entirely new challenge in an industry for which he had been advising as legal counsel for a significant part of his legal career.
In 1997 Morley struck out on his own and started a corporation he called Trez Capital (the name came from a variation of the French word “Treize,” which means thirteen). The company began as a mortgage lender. I will not dig deep into all the projects with which Trez Capital has been involved over the years, but there are very many.
Trez Capital has set new standards for the industry over the past 25 years with institutional-grade processes and strict compliance adherence. The history of the company is well recorded in the recent Globe and Mail article featuring Morley and the story of Trez to which I referred earlier.
What is important to acknowledge is this: From nothing (well not quite, as Morley did raise $3 million dollars to start with from private investors), Morley has made Trez the biggest real estate lender in Canada after the banks. Dwell on that statement. The company has funded more than 1600 transactions for a total value of $14 1/2 billion (you read that right), all channeled into different multi-family dwelling, industrial and office projects.
Trez Capital is active all over Canada and the US. The company has offices in Toronto, Montreal, Dallas, Palm Beach, Atlanta, New York, Seattle, Los Angeles and Vancouver. The company has over 170 employees and assets of over $4 billion under its management. Think about it – all that from a Winnipeg kid from the north end.
I would suggest that part of what made Morley and his company so successful is the way he approaches his work and indeed, his relationships with the people around him. Morley interacts well with everyone and demonstrates a genuine interest in them. Moreover, he is not afraid to admit mistakes. He was quite concerned, for instance, that as a result of the Covid pandemic, Trez Capital would face unpredictable problems, so the company made the decision to stop lending.
Morley anticipated defaults coming – and a lot of them. He was wrong – and he admits it. Instead, there were no defaults and, in fact, Trez Capital had a record number of payoffs on its loans. The result of all that is that, throughout the pandemic the company has remained in good shape and it has resumed investing and lending across North America.
Maybe the most telling part of the Trez Capital story is that the company has over 30,000 individual investors and many of those investors (and indeed, many borrowers) have been investing with (and borrowing from) Trez Capital since 1997 – when the company first began. That tells me that Morley knows what being in a relationship-driven business is all about and that he and his team have developed an esteemed – and well-deserved reputation for trustworthiness.
When the pandemic was in full force, Trez Capital, led by Morley Greene, reached out to its investor base, calling them each week to keep them informed as to the current status of the company. Morley and his top brass also made sure that all key employees were informed as to what was transpiring, in accordance with the most rigorous standards of corporate transparency – further evidence of a corporation that places a premium on individual relationships.
At 81, Morley is still very active in Trez Capital, even though he has ascended to a more hands-off role as Chairman and Chief Executive Officer. When I spoke to him, he was busy in his Dallas office. He spoke very proudly of his three children: daughter Mara – now Madam Justice Mara Greene of the Ontario Court of Justice (and, in her spare time a hockey player); daughter Sara Greene, a professor at McMaster University in the Faculty of Social Work; and son Jonathan, an assistant professor in the Faculty of Political Studies at Trent University.
As I mentioned at the outset, Morley attributes his success to serendipity. I would suggest otherwise. In my view, Morley’s life work and in particular, his creation and building of Trez Capital is a testament to Morley Greene’s work ethic, tenacity and commitment to valuable relationships – trés outstanding and nothing less.
Features
Brain drain affecting Israel could lead to severe economic difficulties
By BERNIE BELLAN (Oct. 27, 2026) As of the time of writing, the future shape of Israel’s Knesset was clear as mud. I always remember one of the most important lessons I learned as a Political Studies student, which is the structure-function relationship of any country’s political system, in which the structure of a country’s system of government determined how stable that country’s government was likely to be.
Are we lucky to be living in a parliamentary democracy – with a first past the post system of government, where it is not that complicated to cobble together a majority government – even if it means sometimes aligning with rival parties to form that majority?
After watching the spiral into authoritarianism now taking place in the U.S. under their fragmented democratic system where an unscrupulous president can appropriate almost unlimited power – unchecked by the toadies on the Supreme Court or members of Congress, I would say we’re so much luckier to be living within a parliamentary system of government.
But, when it comes to total disarray – no one can beat Israel’s system of government, where it is near impossible to put together a stable government unless – following the pattern of so many other formerly democratic countries, an authoritarian leader manages to assert himself and neutralize so many of that country’s democratic institutions – which is what we have seen happening under Netanyahu’s leadership.
I ask all these questions after having read an article on the Times of Israel website back in August, but whose relevance has become only more prominent as a result of Israel’s continual slide into disarray.
We in the West can pretend that Israel, for all its problems, is still a democracy, and that no matter what may be happening there, its citizens still want to live there.
But, after reading the TOI article, which was titled “Emigration of doctors, engineers, other highly educated Israelis hits record high,” one might be forgiven for thinking that Israel’s best and brightest are hurrying to leave their country.
Here are some figures from that story: A “Tel Aviv University report released earlier this week showed a record-setting trend of emigration from Israel continued in 2025, with nearly 50,000 Israelis leaving the country for the third year in a row.”
The article also noted that “High-earning Israelis working in tech and healthcare are emigrating in sharply rising numbers, almost doubling over five years, a new study by the Israel Tax Authority has found.
“The research by the Israel Tax Authority’s Planning and Economics Division, which examined incomes of Israeli emigrants over the past decade, found the rate at which affluent Israelis left the country increased sharply in 2023 and 2024 to record highs, and was almost double what it was until 2019.”
Although I posited that Israel’s political instability is a major reason for the exodus so so many high-income earners, the authors of the study say that it is not altogether clear what is behind the departure of so many talented Israelis: “The authors of the study stated that it was difficult to determine whether this shift in the makeup of emigrants stemmed from major changes that occurred in society and the labor market following the COVID-19 pandemic, or whether it was a reaction to the political upheaval over the judicial overhaul and security events that started with the October 7 onslaught and war in Gaza that have been shaking Israel since 2023.”
One might well ask whether a significant number of other Israelis would also leave the country, were they in an economic position to do so? After all, for many years, here in Manitoba we saw a large influx of Israelis, almost entirely coming from the middle class, who were drawn to come here by a combination of factors, including the GrowWinnipeg initiative – which made it attractive for young Israeli families to look to Winnipeg as a potential landing point, also the Provincial Nominee Program, which offered immigrants opportunities to find employment in areas where Manitoba was short of particular types of workers.
But, what of those high income Israelis to which the TOI article refers? Anecdotally, we have read and heard accounts of highly educated Israelis moving here (and Myron Love has often profiled some of those individuals), but if 150,000 Israelis have left the country, one wonders where they have all gone?
Here are the favourite destinations for Israelis looking to move somewhere else (in order): the U.S. Canada, United Kingdom, Cyprus, Portugal, Spain, Greece, Malta, Germany, Australia, and New Zealand.
Many of those countries have tightened their immigration rules, however, as the backlash in Western countries against immigrants from poorer countries has also led to an overall decrease in the number of immigrants allowed in from other Western countries, including Israel.
Still, for individuals with particular talents – or with very high incomes, finding a country to which they can move does not present the same problems as it would for people of lesser means.
Let me end this with this cautionary note from the TOI article: “For a country where the top 20% of income earners are paying 92% of all income tax revenue, the change in the mix of Israelis leaving the country represents a significant strategic risk to state revenues and growth in the economy.”
And, with so many countries now seeing Israel as a pariah state, with all the attendant economic consequences that portends, it is hard to be optimistic about Israel’s future.
Features
Coincidence or not: Two books launched the same night – by my brother and by my niece
By GERRY POSNER Recently, on October 8, to be exact, an odd timing coincidence occurred in my family that struck me as highly unlikely. Two books were launched on the very same night in Toronto, at two separate locations. What was unusual for me was that one book was by my brother, Michael Posner and the other book was written by my niece, Elana Shira Segal. The topics, unsurprisingly, were not connected to each other. But you could not have planned that timing any worse than it turned out to be.

Michael Posner’s book, This Jewish Moment, an oral history of the Diaspora after October 7, 2023 had various people giving their opinions on a set of questions Michael posed to them as he interviewed them following the October 7, 2023 massacre. The interviews were conducted by Zoom. Each person interviewed was aware of the fact that the interview was recorded and that the interview might be used in a book. Each person’s name and age is given along with a brief description of who that person is. Some of the interviews were with people well known in Manitoba circles.The oral history technique is not new to Michael as he used it in the Leonard Cohen trilogies he created not that long ago and before that in his book on Mordecai Richler.
Michael interviewed over one hundred Jews in Canada and the United States. The thrust of the book was to explore how the events of October 7 affected the interviewees, how it changed (or didn’t change) their interpersonal relationships; altered, if at all, their spiritual lives; their trust in Jewish institutions and indeed, their perceptions about their own safety. It includes their thoughts about what lies ahead and even the idea of leaving North America. Without giving too much away, I can say that the opinions canvassed in the book do reflect a definite shift for many of the interviewees from their previous thoughts on these topics. If you read Michael’s book, you will not come away singing cheery songs. For many people, the future is bleak.
At the book launch held at the Beth Tikvah Synagogue in Toronto in front of about sixty people, there were several former Winnipeggers in attendance, including: Paul Shuckett, Bernie and Sheila Rubenstein, Aubrey Caplan and Philipa Glazerman, the former Susan Silverman, Gary Diamond, my son Ari Posner, and even a current resident of Winnipeg, Dolly Cohen, who came to visit her cousin Philipa.
Michael’s book, published by Sutherland Press, is in hardcover and ebook. It can be purchased at Indigo, and through Amazon.

Elana’s book is in an entirely different genre than her Uncle Michael’s book. Even the Darkness Has Stars is the title of her book -also her very first book. It is a work of fiction based on her career as a social worker and therapist for over 30 years in Toronto. The book explores the life of a teenage girl dealing not only with the usual teenage angst, but other issues as well. It is a book that will resonate with teenagers, and indeed parents of teenagers. It is a story of resilience and is an honest reflection of the very real problems facing many teens and ways to address their problems. I would suggest that the themes in the book are very relevant to teenagers today, especially girls. I think it is also fair to say that many parents of teenage children will identify with the difficulties faced by the chief protagonist in the book. Even counsellors and trained therapists will recognize the issues raised in this book. Schools and libraries would benefit from the book.
At her book launch, Elana outdrew her Uncle Michael as she had over one hundred people there. The conflict of the two books presented several of us in the family with an issue as to which event to attend. While my son Ari came to his uncle’s launch, his wife Tamar Kagan went to Ari’s first cousin Elana’s debut book launch. Even my wife and I split our allegiances.
Elana’s book can be ordered through Amazon or Barnes and Noble in the USA.


Now, if the oddity of the two books in the family being released at the same time was not enough, in November, another family member has a book coming out. This book is by my nephew Sam Posner’s wife, Erin Rothstein. Her book, called Watch Me is a guide to unlocking creative power. Erin is a visual artist, whose original paintings and limited edition prints have made her a name in the world of art already. She has a large following due to the success of her art. Her book deals with the ways to find your inner creativity and the ideas that spring to life when a person unlocks that creativity and gives him or herself permission to think bigger. If the book lives up to the art Erin creates, she will have a best seller. Erin’s book will be launched in four cities: Toronto, Montreal, New York and Los Angeles. It will be available at Indigo, Barnes and Noble, and through Amazon in hardcover, paperback, e-book and audiobook.
To the readers of this article, get out there and support the Posner family.
Features
The late Dr. Maurice Shnider had a fascinating life – from serving in WWII to meeting famous celebrities who passed through Winnipeg

By MARTIN ZEILIG I first visited Dr. Maurice Shnider at his home in Winnipeg’s River Heights neighbourhood to talk about war.
His house reflected the life of a successful physician. It was spacious and comfortable without being ostentatious. Family photographs occupied shelves and tables. Sunlight spilled into the kitchen where we sat drinking coffee.
By then he was an elderly man, friendly, thoughtful, and possessed of that rare quality found in some people who have lived through extraordinary times. He never seemed impressed by his own experiences.
He had been born in Sheho, Saskatchewan, in 1923 and grew up in Inglis, Manitoba.
Then came the war.
As a young man he served with the Royal Canadian Air Force before being seconded to the Royal Air Force. Flying aboard Catalina flying boats in the Bay of Bengal, he participated in missions searching for downed Allied aircrew and earned the Distinguished Flying Cross.
Those were the stories I had come to hear and later wrote about for the Jewish Post & News.
Stories of long flights over open water.
Stories of rescue.
Stories of courage.
Yet as the interview continued, another chapter of his life emerged.
After the war he returned to Canada, attended medical school at the University of Manitoba, and eventually built a successful family practice in Winnipeg. His patients often became his friends. He took pride in caring for generations of families and became known as a gifted and dedicated physician.
For a period of years, he also served as the physician responsible for checking vaccination records and health documentation for international travellers passing through Winnipeg International Airport.
It was then that his eyes brightened.
The war stories were important.
The airport stories were fun.
“You’d be surprised who came through Winnipeg,” he said.
The coffee was fresh. Outside, a warm prairie breeze shifted the trees beyond the kitchen window.
Then he smiled.

“Even the Beatles.”
The name immediately caught my attention.
“The Beatles?”
He laughed.
“The whole city went crazy.”
It was August 18, 1964.
The Beatles were on their way to begin their first major North American tour and Winnipeg was merely a refuelling stop. They weren’t playing a concert. They weren’t staying overnight.
They were simply passing through.
Yet somehow word spread.
Radio stations reported it. Teenagers rushed to the airport. Parents drove excited daughters across the city. Traffic clogged nearby roads. The terminal filled with screaming fans hoping to catch a glimpse of the four young Englishmen who seemed to have conquered the world overnight.
Maurice happened to be the airport doctor assigned to examine the passengers’ health records.
What should have been a routine day suddenly became anything but.
Almost fifty years later, what remained vivid in his memory was not the famous faces but the sound.
The noise.
The shrieking.
The excitement.
For a brief moment Winnipeg became the centre of the universe for thousands of young Canadians.
Then the aircraft door opened.
John, Paul, George, and Ringo appeared.
They waved.
The crowd erupted.
A few photographs were taken.
A few words were exchanged.
And then, scarcely more than twenty minutes after they had arrived, they were gone.
Winnipeg returned to being Winnipeg.
Maurice chuckled at the memory.
“John Lennon was cheeky.”
I asked what he meant.
He considered the question.
“Always had a smart answer.”
He smiled again.
“Not rude. Just cheeky.”
The passage of decades had done nothing to diminish his amusement.
For a few moments we sat quietly.
Then another memory surfaced.

“Steve McQueen was one of the nicest.”
That surprised me.
Maurice encountered the actor in the airport restaurant.
McQueen was seated alone.
No entourage.
No photographers.
No one making a fuss.
Just a man eating lunch between flights.
Maurice rarely approached famous people.
But there was a reason that day.
One of his children was facing serious medical challenges and was a devoted Steve McQueen fan. Movies offered an escape from hospitals, treatments, and uncertainty.
So Maurice walked over to the actor’s table.
He introduced himself and explained the situation.
McQueen listened carefully.
Then he asked for the family’s address.
That was all.
No promises. No performance. No grand gesture.
Simply an address.
Several weeks later a package arrived at the Shnider home.
Inside was an autographed Steve McQueen poster.
Maurice’s expression softened as he recalled it.
The poster itself wasn’t what mattered.
What mattered was seeing the joy it brought.
Even years later, that was the part of the story he remembered most clearly.
“He was a very humble man,” Maurice said.
“Very soft-spoken.”
The kitchen fell silent.
For a moment the famous actor disappeared entirely from the story.
What remained was a father’s gratitude.
Then Maurice laughed again.

“Vanessa Redgrave.”
Another unexpected visitor.
She was travelling through Winnipeg on her way to Los Angeles when it was discovered that she lacked the proper vaccination documentation required for international travel.
In those days such requirements were taken seriously.
The problem needed solving.
So Maurice solved it.
He drove her downtown to his office.
One of the world’s most celebrated actresses riding through Winnipeg in a doctor’s car.
No limousine.
No security detail.
No red carpet.
Just traffic lights, city streets, and ordinary conversation.
There he administered the required vaccination and drove her back to the airport in time for her flight.
He told the story as though it were perfectly routine.
Perhaps for him it was.
I remember thinking that this was what made his stories so wonderful.
To everyone else they sounded extraordinary.
To Maurice they were simply things that had happened during a long and interesting life.
As our conversation drew to a close, he looked down into his coffee cup and reflected on the famous people who had crossed his path.
The Beatles.
Steve McQueen.
Vanessa Redgrave.
Different personalities.
Different kinds of fame.
Yet in the end they all became the same thing.
Travellers.
People worried about schedules.
People missing paperwork.
People trying to catch flights.
People trying to get somewhere.
The old airport had been a great equalizer. For a few moments, between arrival and departure, fame gave way to ordinary life.
And Maurice Shnider occupied a unique place in that world.
He wasn’t a celebrity.
He wasn’t an observer standing outside the story.
He was part of it.
A prairie boy who became a decorated wartime airman, flew rescue missions over distant seas, returned home to study medicine, built a respected family practice in Winnipeg, and devoted his life to helping others.
Some of the people he met happened to be famous.
Most were not.
To Maurice, it made little difference.
He especially enjoyed the company of pilots, storytellers, musicians, and adventurers. He remained fascinated by the Second World War, by history, and above all by people. Fame interested him far less than character.
He remembered the famous ones not because they were celebrities, but because, for a few brief moments, they revealed themselves to be something far more interesting.
Simply human.
When Dr. Maurice Shnider died in 2013 at the age of ninety, Winnipeg lost not only a distinguished physician and decorated veteran, but also a man who never lost his curiosity about the world or his affection for the people who passed through it.
Some departures are quickly forgotten.
Others leave a lasting mark.
That was how I remember him.
And that is how he deserves to be remembered.

