canadian
Canada legalized cannabis over four years ago. While demand has been steady, stiff competition has cut selling prices significantly. Meanwhile, advertising restrictions and plain packaging rules make it hard to build brands that win customer loyalty. Still, we think some companies have a distinct edge—including their prospects for added sales in the U.S....
In the past few years, several big Canadian retailers, including Loblaw and Canadian Tire, have unlocked the hidden value of their real estate holdings by setting up publicly traded real estate investment trusts (REITs).
Shares of furniture retailer Leon’s rose 10% after it announced its own plans to spin out its real estate holdings as a REIT....
Shares of furniture retailer Leon’s rose 10% after it announced its own plans to spin out its real estate holdings as a REIT....
Here’s Part One of the most-recent letter I sent to our Portfolio Management clients in May 2023:
“Many investors wonder what to expect next from interest rates, following the rise they began in early 2020, around the time when the COVID-19 pandemic first appeared.
My best guess is that the rise in interest rates has stalled, at least for now. I can’t say for sure, of course, and neither can anybody else....
“Many investors wonder what to expect next from interest rates, following the rise they began in early 2020, around the time when the COVID-19 pandemic first appeared.
My best guess is that the rise in interest rates has stalled, at least for now. I can’t say for sure, of course, and neither can anybody else....
VALMONT INDUSTRIES INC., $277.52, symbol VMI on New York, is a leader in designing and manufacturing highly engineered products and services for the global infrastructure and agriculture markets.
Its infrastructure products include light standards, traffic lights, sign structures, bridge structures, mass transit poles, etc....
Its infrastructure products include light standards, traffic lights, sign structures, bridge structures, mass transit poles, etc....
TRANSALTA RENEWABLES INC., $13.24, Toronto symbol RNW, is now a hold.
The company owns 26 wind and solar farms, 11 hydroelectric facilities, eight natural gas generation plants, two solar power facilities, a natural gas pipeline and one battery storage facility....
The company owns 26 wind and solar farms, 11 hydroelectric facilities, eight natural gas generation plants, two solar power facilities, a natural gas pipeline and one battery storage facility....
ATCO LTD. (Toronto symbols ACO.X [class I non-voting] $58 and ACO.Y [class II voting] $58; Income Portfolio, Utilities sector; Shares outstanding: 58.2 million; Market cap: $3.4 billion; Price-to-sales ratio: 1.0; Dividend yield: 2.2%; TSINetwork Rating: Above Average; www.atco.com) is a holding company....
A series of recent regional bank failures in the U.S., including Silicon Valley Bank, caused significant distress in the financial system and financial markets. For the third time in 15 years, investors in banks suffered setbacks.
Notably, Canadian banks have fared relatively better than U.S....
Notably, Canadian banks have fared relatively better than U.S....
The large U.S.-based fund manager Fidelity has steadily expanded its ETF offerings—both in its home market and in Canada. Here’s a look at two of the six new Fidelity funds recently launched in the Canadian market.
FIDELITY GLOBAL INNOVATORS ETF $10.92 (NEO Exchange symbol FINN) invests globally in companies that the managers feel stand to benefit from the application of new technologies or that employ innovative business models.
The ETF launched on May 19, 2023, and holds $46.4 million in assets....
FIDELITY GLOBAL INNOVATORS ETF $10.92 (NEO Exchange symbol FINN) invests globally in companies that the managers feel stand to benefit from the application of new technologies or that employ innovative business models.
The ETF launched on May 19, 2023, and holds $46.4 million in assets....
New Zealand has a small population and ranks outside of the world’s top 50 economies. Still, this leading democracy and developed nation is ranked among the world’s top 20 most-competitive economies.
The country’s economy recovered quickly from the pandemic thanks to effective virus containment, measures to protect jobs and incomes, and stimulus spending....
The country’s economy recovered quickly from the pandemic thanks to effective virus containment, measures to protect jobs and incomes, and stimulus spending....
Many financial stocks, and especially banks, suffered big drops in early 2023. That was after the high-profile failures of several U.S. regional banks, including Silicon Valley Bank.
Going forward, the outlook for Canadian banks is more stable than for U.S....