MD.ca or MDM.ca - which one would you use? (1 Viewing)

A member of DN.ca sold the domain md.ca for a considerable amount of money and since the domain changed hands quite a while ago I thought I would check to see what md.ca was up to.

Before I begin though I would like to say that Medical Doctor would have been the natural choice for this domain but instead it was sold to a financial company called MD Financial Management (MD).

The company was running under mdm.ca and they spent a considerable amount of money on md.ca but they have yet to use the shiny new domain. Sure md forwards to mdm.ca but to spend that amount of money and not fully utilize the domain is quite baffeling.

Here is a link about mdm.ca

https://mdm.ca/md-difference/about-md/

Apparently there is a Medical Doctor connection.

They look like a financial site with a lot of users, so switching to md.ca might be a hassle because all of the cost involved and their materials etc would have to be switched over, get everyone used to the new name, and so on. Since they refer to themselves as MD it makes sense for them to own md.ca even if they never build anything on it.
maybe they have other plans for it, or just like to own their name and keep it as a redirect. Also keeps anyone else from using it. IF they had been using something like MDfinancialmanagement.ca I would definitely switch over to the shorter md.ca, but mdm.ca is also very short and looks good too.

Amazing how this company comes up in conversation - my first job during University, running mining and film investment tax scams for doctors at their main office on Alta Vista - them were the days.

And yes, they are likely using MD.ca in promotions (every letter counts on an ad) and possibly email, and switching over a large company to a new domain is a big job, but it's something they probably have planned for the future. MD.ca is too good to keep under wraps forever.

MapleDots said:

Apparently there is a Medical Doctor connection.

Click to expand...

MD Management is a tax shelter investment company that caters exclusively to doctors. Whichever area is getting the highest tax breaks (investment tax credits, etc.) they buy for their clients and then quickly sell, pushing profits into another lucrative area.

If the Canadian government is pushing pre-prod mining stocks, they buy them, when film and media was hot MD was in like Flynn, and if the eco-market is getting the tax breaks, MD is buying like mad, and so on... It's a pretty simple business strategy that targets one of the wealthiest groups, and is largely based on short-term gains using the preferential tax credit treatment of a given business sector.

I know the original company was bought by Scotiabank as that's who I negotiated the sale with.

Adam

I noticed they also have a feature on their site called ‘My MD’ for members login.