Q: Pat, I would like your opinion on Algoma Central Corp. (ALC). It has been a few years since you have commented on it. They have recently purchased new tankers and announced that they are fully booked for the season.

A: Algoma Central Corp., $13.04, symbol ALC on Toronto (Shares outstanding: 38.4 million; Market cap: $500.8 million; www.algonet.com), owns and operates Canada’s largest domestic fleet of vessels operating on the Great Lakes/St. Lawrence Waterway. This includes self-unloading, dry-bulk carriers; dry-bulk carriers; and tankers for liquid… Read More

Cannabis performance at a glance

The HORIZONS MARIJUANA LIFE SCIENCES ETF (Toronto symbol HMMJ) invests in North American firms that are legally involved in the cannabis industry. Canadian-listed companies—including Canopy Growth (12.3%) and Aurora Cannabis (10.6% of assets)—make up 80% of the portfolio. As such the fund’s performance—specifically, its Daily… Read More