investment management

CASELLA WASTE SYSTEMS INC., $90.45, symbol CWST on Nasdaq, is a Vermont-based waste management company that services seven Northeastern U.S. states (Vermont, New Hampshire, New York, Massachusetts, Connecticut, Maine and Pennsylvania) through 50 collection operations, 26 recycling facilities, 9 disposal facilities, 3 landfill gas-to-energy facilities, and 66 transfer stations.

Casella was founded in 1975 by Doug Casella, who used a pick-up truck to collect waste from customers in Rutland, Vermont, and nearby Killington....

Petro-Canada was Canada’s second largest integrated oil company. Its production centred on Western Canada before its sale to Suncor.

Generally speaking, Canadians are blocked from buying mutual funds that are registered in the U.S. unless those funds are also registered with provincial securities commissions. (Moreover, some Canadian mutual funds are only available in a limited number of provinces.)


Investors in this country can, however, buy exchange-traded funds, or ETFs, listed on U.S....

Activist investor Jonathan Litt, through his Land & Buildings Investment Management hedge fund, has a long history of targeting under-performing real estate investment trusts (REITs) and pushing them to boost shareholder value. Here are two of his latest targets.


APARTMENT INVESTMENT & MANAGEMENT CO....

These top providers of real estate services are moving in different directions. FirstService is hitting new highs thanks to strong demand for its residential services and recurring contracts. Colliers, however, has dipped on concerns that the shift to remote work and high interest rates are hurting demand for office buildings....

Insurers write policies, collect premiums from customers, and then invest those premiums to meet future claims. They’re required to invest significant amounts of that money in fixed-income instruments, namely bonds. That means high interest rates are a boon to their returns....

Generally speaking, Canadians are blocked from buying mutual funds that are registered in the U.S. unless those funds are also registered with provincial securities commissions. (Moreover, some Canadian mutual funds are only available in a limited number of provinces.)


Investors in this country can, however, buy exchange-traded funds, or ETFs, listed on U.S....

A: Capital Power Corp., $42.52, symbol CPX on Toronto (Shares outstanding: 116.5 million; Market cap: $5.0 billion; www.capitalpower.com) is one of Canada’s largest independent electrical power producers, with its 29 facilities across North America offering 7,500 megawatts of power.

Capital Power continues to expand both its power-generation capacity, as well as its long-term guaranteed energy sales contracts.

In September 2022, the company completed the acquisition of the Midland Cogeneration facility in Midland, Michigan, in a 50/50 joint venture partnership with Manulife Investment Management.

The partners paid $894 million U.S....

Top insurers Manulife and Sun Life recently rewarded investors with sizeable dividend hikes. That’s partly due to the contributions of recent acquisitions. We feel these purchases will continue to pay off. Moreover, both stocks trade at attractive multiples to their projected earnings.


MANULIFE FINANCIAL CORP....

SIX FLAGS ENTERTAINMENT CORP., $25.79, symbol SIX on New York, is the world’s largest operator of regional theme and water parks. It currently operates 25 in the U.S., two in Mexico, and one in Canada.

On December 21, 2022, Connecticut-based Land & Buildings Investment Management LLC released a presentation highlighting why it thinks Six Flags is undervalued....