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
The Moneymaker Poker Tour 2025 Is Coming To Canada
This year, the highly acclaimed Moneymaker Tour is finally coming to Canada for the first time. Previously hosted just across the US, the Moneymaker Tour’s Canadian leg marks only its second time abroad. The first time was last year’s Moneymaker Tour Aruba, which was held in October. During this leg, the Caribbean island country also hosted a USD$200,000 (CAD$285,527) guaranteed Main Event.
Following this successful overseas experience, the team behind the Moneymaker Tour, led by its namesake, Chris Moneymaker himself, will host 23 events in Kahnawake, just some minutes from downtown Montreal.
Chris Moneymaker and his poker legacy
A certified living poker legend, Chris Moneymaker is credited with kickstarting the early 2000s poker boom. A former accountant who qualified via (what was then relatively new) online satellite means, Moneymaker went on to win the 2003 World Series of Poker (WSOP) Main Event with a USD$2.5 million (CAD$3.5 million) prize. His win marked a turning point in the industry, as it convinced thousands that poker was now more accessible and promising than ever. Since then, Moneymaker has won multiple bracelets and has been included in the Poker Hall of Fame.
Over the years, Moneymaker has expanded his presence on the felt as a poker pro for ACR Poker, which is the US’ leading online poker site. Since 2001, it’s been known for its huge tourneys, secure gaming and banking methods, and an impressive roster of poker personalities. Moneymaker was officially brought on in this capacity in 2021. In recognition of Chris’ influence, the site has even begun hosting special weekly promotions called The Sunday Moneymaker, which offer supersized guarantees of up to USD$300,000 (CAD$428,397). This is, of course, aside from the Moneymaker Tour itself, which is also hosted in partnership with the operator across several US cities, nearby territories, and now in international locations, like Canada.
What to expect from the Moneymaker Tour in Canada
Set to be held from May 7-20, the Canadian leg of the Moneymaker Tour will be hosted in cooperation with local casino and cardroom Playground. As mentioned above, there will be 23 events, during which there will be a USD$980,343 (CAD$1.4 million) guaranteed prize pool across the board. From May 16 onwards, the events will be dedicated to the Main Event, where there is a USD$350,122 (CAD$500,000) guarantee.
Designed to provide an opportunity for poker players of all skill levels and backgrounds to experience their own extraordinary poker wins inspired by Moneymaker, the tour’s events notably feature considerably lower buy-ins. In the Canadian leg, for instance, the Main Event’s buy-in is only USD$805 (CAD$1,150). With this in mind, reports state that players from across Canada, the US, and other neighboring countries are expected to join in.
Per executives behind the Moneymaker Tour, this foray into the Canadian poker scene will ideally set the scene for future activations. That said, whether the tour will extend to other provinces is yet to be determined, considering that there are varying stances on gambling. For instance, in Alberta, there are still some delays in regulatory gambling launches. This has pushed back the legal release of potential gaming opportunities, especially in iGaming. However, since most citizens and legislators see the value in exploring this issue positively, it bodes well for any future poker events, including Moneymakers’.
Features
How to Determine the Best Canadian Online Slot Sites for Your Needs
Your choice of online slot site may be different between winning and losing. More and more Canadian online slot sites have been added to the market quickly, so finding a site that works best for you is pivotal. That diversity also means that not all sites are equal. Find one that has an assortment of games, and the security features you want, and is simple and user-friendly, depending on your taste. Here we are going to look at how you can get yourself lost in online slots in Canada and what makes a game juicy.
Key Factors to Consider When Choosing Canadian Online Slot Sites
There are some very important things that you need to keep in mind when picking the best Canadian online slot sites. Knowing about these factors can help you have a safe and pleasant gaming experience.
1. Licensing and Regulation:
One of the first things you need to look at is if the site has a license or not. All good Canadian slot sites should hold licenses from respected and well-known authorities like the Kahnawake Gaming Commission or Malta Gaming Authority. This means that the site must meet very high standards of fairness and security.
2. Game Selection:
Online slot gaming is all about variety. Choose online slot sites that offer a wide variety of reputable developer games. Some of the most popular providers, including Microgaming, NetEnt, and Playtech, produce games with stunning graphics and exciting gameplay features. Experiencing other sites with their wider game libraries makes for a nice change too.
3. User Experience:
A simple and easy-to-use user interface makes your game more enjoyable. Check how user-friendly the website is, the game loaders, and the management of your account. In contrast, top Canadian slot sites with beautifully crafted websites save players from technical issues and dispense with the mindset that you are here to play.
4. Easy Payments:
Payment options should be secure and easy to use. Make sure the site allows for plenty of payment options—credit cards, e-wallets, and bank transfers. Also, make sure the site has implemented encryption to help secure your financial transactions and personal information.
5. Customer Service:
Good customer service can go a long way. Choose Canadian slot sites that provide professional support for assistance by live chat, email, or even phone if necessary. Great customer support ensures that if you face any kind of problem, it gets resolved as soon as possible.
To make it easier for you to locate and select the top Canadian online slot sites that meet these points, check out New Online Casinos. From the reviews and comparisons that this resource provides, you will be able to notice which sites really hit all those crucial aspects with other elements of playing games, only adding a cherry on top!
Top Red Flags in Canadian Slot Sites to Watch Out For
The main point is to avoid landing on sites that purport themselves as Canadian slot sites but are actually wolves in sheep’s clothing.
- No Licensing: Make sure the online casino is licensed to ensure fair play.
- Unrealistic Bonus Offers: Unrealistic Bonus Offers are also another warning sign, as too-good-to-be-true bonuses with high minimum turnover requirements may be designed to make players lose their money.
- Low Ratings: The poor user reviews may have an issue with customer support or even fairness.
- Limited Payment Options: Moreover, there are limited payment options and vague security measures to ensure your financial safety.
To avoid getting into trouble and to ensure that you have a safe experience with online slots in Canada, always take these aspects under the microscope.
Conclusion
The best online slot sites in Canada will have their game selection well-cataloged, helping you to browse the hundreds of options and figure out which are right for you. If you take all of these into consideration, you should be able to find a site that offers some fun and safety. Keep your eyes open for red flags all the time and use services like New Online Casinos to help you pick new casinos.
Features
Fitzdares Exiting March 31, Stake.ca Prepares for Highly Anticipated Launch
Ontario’s rapidly evolving online betting industry faces another significant shift as British bookmaker Fitzdares has confirmed plans to permanently withdraw from Ontario by March 31, 2025. The unexpected exit comes after two challenging years for Fitzdares, which struggled to establish a foothold in Ontario’s increasingly crowded and competitive gambling landscape.
UK-based Fitzdares, known for its premium betting experience and personalized service, entered the Ontario market in early 2023. Despite hosting exclusive Toronto events and significant investment in local marketing efforts, the bookmaker struggled to establish a foothold. Recent industry data shows Fitzdares captured less than 0.2% of Ontario’s betting volume, placing it well behind established competitors BetMGM, FanDuel, and DraftKings.
Fitzdares confirmed it had stopped accepting deposits as of March 10 and will halt all new wagers by March 24. So if you’re signed up with Fitzdares, you have until midnight on March 31 to withdraw any remaining balances before the platform officially shuts down.
The departure of Fitzdares highlights the tough realities operators face in Ontario—a market that has rapidly expanded since its regulation began in April 2022. Today, more than 50 licensed brands compete fiercely for local bettors’ attention, making differentiation critical for success.
Amid this shifting landscape, anticipation is steadily building around the return of Stake.com—this time under its new Canadian-specific brand “Stake.ca.” Stake previously operated in Ontario but was forced to suspend services due to stricter licensing requirements introduced by iGaming Ontario and AGCO, the Alcohol and Gaming Commission of Ontario. Now, after a lengthy hiatus and extensive preparations, Stake is gearing up to re-enter the province legally and fully regulated under its new Canadian-facing brand: Stake.ca.
Stake.ca has already launched an informational portal at StakeOntario.com, providing regular updates on regulatory progress and launch details. While an exact launch date hasn’t been publicly confirmed yet—currently listed simply as “coming soon”—the platform is widely expected to go live later this year.
Industry insiders point out that Stake is making significant investments to ensure full compliance with Ontario’s stringent regulatory standards. The company recently hired Canadian iGaming veteran Kris Abbott as its representative for Canada, demonstrating a clear commitment to successfully navigating local licensing procedures.
Stake originally gained global popularity through its innovative cryptocurrency-friendly betting model, extensive game library—including exclusive original titles—and robust sports betting markets featuring live streaming and unique betting experiences like Plinko and Crash games. While Ontario currently restricts crypto gambling transactions, industry experts predict Stake.ca will initially offer CAD-based payments with potential crypto integration down the line if provincial regulations evolve.
Stake.ca’s return has Ontarian gamblers fired up. Online forums and social feeds are packed with bettors hyped about its exclusive casino games, VIP rewards, live-streamed sports, and especially the real-time chat where you can talk to other members directly.
For now, Ontarian bettors will have to wait just a little longer—but when Stake.ca finally goes live later this year, it could significantly reshape the province’s online betting landscape once again.
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