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Before the Bell: What every Canadian investor needs to know today - The Globe and Mail Feb 15th
Before the Bell: What every Canadian investor needs to know today The Globe and MailUtilities Stocks Gain Ground on TSX Today, and I'm Buying This Stock Right Away! The Motley Fool CanadaS&P/TSX composite up more than 200 points in late-morning trading Toronto St.... More »
Should you loan money to someone who is house rich and cash poor? May 18th
My daughter is 60, divorced, owns a house, perhaps $800,000 house value. She has a small mortgage and no savings of any kind. She lives on a line of credit and a credit card. Her only income is about $300 to $400 monthly CPP.
She is wondering how best to manage. Should she sell now and rent for a.... More »
Trump administration sets meetings with oil companies over Venezuela, source says - Reuters + MORE Jan 5th
Trump administration sets meetings with oil companies over Venezuela, source says ReutersOpinion: Guns and oil: Trump’s global power with Venezuela’s reserves at his side will be formidable The Globe and MailTrump’s plan to seize and revitalize Venezuela’s oil industry .... More »
Canadian Securities Administrators Ignore Rule #1 about Rules + MORE Apr 30th
What's rule #1? A rule is not a rule unless it's enforced. Any two year old knows that if the parents say to do or not do something, unless there is a sanction that is actually applied, you can behave as you want. The rule doesn't actually exist in any practical sense. And they do.The CSA is exactly.... More »
Ask a Recruiter: How Can I Tell When It’s Time to Quit My Job? + MORE Dec 20th
If you are feeling unmotivated, burnt out or just counting down the minutes until the holiday break, you aren’t alone. This is the most common time of year to feel like you aren’t loving your job. As the year winds down, we tend to feel the weight of the past twelve months having piled up into a.... More »
The Globe and MailCANADA STOCKS-TSX ends lower as banks, healthcare sectors weakenReuters… * TSX down 97.08 points, or 0.67 percent, at 14,405.91. * Seven of 10 main sectors fall. By Alastair Sharp. TORONTO, Aug 6 (Reuters) – Canada's main stock index ended lower on Thursday, dragged down by weakness in the financial and healthcare …TSX snaps six-day rally as banks, healthcare sectors weakenFinancial PostOil prices fall below $45 US a barrel; stock markets in the redEdmonton Journal (blog)Canadian dollar up, North American markets down early ThursdayCTV NewsReuters Canada -Bloomberg -The Globe and Mailall 31 news articles »
Government open to public-private partnership for Exhibition Park
– canadianbusiness.com
HALIFAX – Nova Scotia’s minister of business says the province would be open to the possibility of a public-private partnership for Exhibition Park.
The government announced Thursday it plans to divest the facility just outside Halifax, after the unusually harsh winter left it in need of an estimated $9 million in repairs and upgrades.
Mark Furey said the 102,000-sq. ft. venue isn’t worth that investment for the government.
“What I would hope is that business would see an opportunity to invest in that property themselves, and use it for whatever purpose they deem fit,” Furey said.
A spokeswoman for Master Promotions, a company that holds five events at the facility every year, said company officials are hoping for a public-private partnership to keep Exhibition Park in operation.
Moira Pellerine, manager of marketing and operations, said the president of the company has expressed an interest in contributing private funding depending how negotiations go with the government…
The government announced Thursday it plans to divest the facility just outside Halifax, after the unusually harsh winter left it in need of an estimated $9 million in repairs and upgrades.
Mark Furey said the 102,000-sq. ft. venue isn’t worth that investment for the government.
“What I would hope is that business would see an opportunity to invest in that property themselves, and use it for whatever purpose they deem fit,” Furey said.
A spokeswoman for Master Promotions, a company that holds five events at the facility every year, said company officials are hoping for a public-private partnership to keep Exhibition Park in operation.
Moira Pellerine, manager of marketing and operations, said the president of the company has expressed an interest in contributing private funding depending how negotiations go with the government…
Cash for the Revolutionary Guards
– online.wsj.com
The nuclear deal is a financial windfall for Iran’s military wing. A prominent Alberta oil and gas company is blaming the provincial NDP government for a loss this quarter, saying its tax hike is the reason why it was not able to post a profit.
Agrium profits up despite Western Canada drought, record rain in U.S. corn belt
– canadianbusiness.com
CALGARY – A drought in Western Canada and record rainfall in parts of the U.S. corn belt hit Agrium Inc.’s (TSX:AGU) retail sales this spring but the agricultural supplier still reported higher earnings thanks to lower production costs and higher wholesale returns.
The company’s adjusted net earnings from continuing operations were US$675 million for the second quarter, up from US$625 million for the same quarter last year. Earnings per share were US$4.90, up from US$4.34 per share last year.
The increased earnings came despite a US$346 million drop in sales to US$6.99 billion, with retail sales making up US$237 million of the decrease.
On a conference call with investors Thursday, company president and CEO Chuck Magro blamed the decline in sales on the weather.
“Weather conditions across North America were challenging, with record amounts of moisture across most of the southern corn belt and southeast U.S. in June, and a serious drought in Western Canada.”
He said the drought, which saw rain levels on average 40 per cent below normal in areas of Saskatchewan, Alberta and British Columbia, had the biggest impact on retail sales…
The company’s adjusted net earnings from continuing operations were US$675 million for the second quarter, up from US$625 million for the same quarter last year. Earnings per share were US$4.90, up from US$4.34 per share last year.
The increased earnings came despite a US$346 million drop in sales to US$6.99 billion, with retail sales making up US$237 million of the decrease.
On a conference call with investors Thursday, company president and CEO Chuck Magro blamed the decline in sales on the weather.
“Weather conditions across North America were challenging, with record amounts of moisture across most of the southern corn belt and southeast U.S. in June, and a serious drought in Western Canada.”
He said the drought, which saw rain levels on average 40 per cent below normal in areas of Saskatchewan, Alberta and British Columbia, had the biggest impact on retail sales…
