Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - [Alberta Politics] Ever heard of the Tapcal Trust?

AndyL · 04-02-2014, 07:16 PM

well... they're not using it... per-se...

They're using it's existence as collateral to borrow against... So they insure they get a pretty much <1% loan - as it's basically secured.

04-02-2014, 07:16 PM	#37
AndyL Farm Team Player Join Date: Mar 2014 Location: Calgary Exp:	well... they're not using it... per-se... They're using it's existence as collateral to borrow against... So they insure they get a pretty much <1% loan - as it's basically secured.