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In the Marketplace

By ALM Staff | Law Journal Newsletters |
May 31, 2007

Alter Moneta of Montreal has announced the appointment of two leasing and finance business development executives in western Canada in response to growing business opportunities generated by energy and construction-related projects. The appointments of Shawn Cardinell, of Burlington, Ontario, and Gary Goodman, of Edmonton, Alberta, are part of a strategic plan to grow the company following a recent financial investment from Bear Stearns Merchant Banking. The company's plan is to expand its geographic footprint and more than double its 110-employee workforce by 2012. A growing independent financial services company, Alter Moneta currently has key locations throughout Canada and the United States and is also backed by Caisse de depot et placement due Quebec, the largest institutional fund manager in Canada.

Cardinell will serve the company's vendor/dealer network for Ontario-western Canada. He was previously employed by Volvo Financial Services Canada. Goodman also will have responsibility for developing new business opportunities in Western Canada. After serving for two decades with the Royal Bank of Canada, he held senior account management positions with both GE Capital Solutions and CitiCapital Commercial Corporation in Edmonton.

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