Each week, our team publishes a blog and webcast.
When our clients first became shareholders of South Bow (SOBO) on September 25, 2024, it wasn’t by choice. The new company was a spinoff from TC Energy. To be frank, we weren’t expecting much. Expanding SOBO’s Keystone pipeline had been a political football for years. The Bush administration started the process. When the application was […]
Over the past few months, we’ve met with many prospective clients who often share similar questions. We’ve collected the most common ones to provide a clear view of how we operate. When did you start the company? We were first registered on February 1, 2022. Currently, we are registered to do business in Ontario, Alberta, […]
We anticipate the U.S. Supreme Court will invalidate President Trump’s tariffs early next year, sending markets higher. The legality of widespread tariffs imposed under the International Emergency Economic Powers Act (“IEEPA”) is now before the United States Supreme Court. The question is whether the law intended for specific emergencies allows the President to levy unbounded […]
On September 17, we wrote a blog highlighting Western Copper and Gold (“WRN”), a Canada-based company we’re bullish on. Since then, WRN’s stock has gained approximately 33%. With a market capitalization of about US$435 million, the company counts several major players among its shareholders — Rio Tinto, valued at over US$110 billion, holds nearly 10% […]
Last week, both the Bank of Canada and the U.S. Federal Reserve cut their benchmark interest rates by a quarter percentage point. Though we’re two separate countries, both central banks are contending with challenges that monetary policy alone cannot fix. In Canada, Bank of Canada Governor Tiff Macklem emphasized that the 25-basis-point cut, which brings […]
For clients who didn’t already own it, we added Nvidia (NVDA) to suitable portfolios back in April, during the market sell-off triggered by tariff worries. We purchased the Canadian Depositary Receipt to avoid currency swings, but for context, U.S. shares traded roughly between $102 and $105 on April 23—the day of our purchase. Today, NVDA […]
President Donald Trump is once again floating the idea of cutting the number of corporate earnings reports in half — from four to two per year. The proposal, first raised during his presidency in 2018, would have U.S. public companies report every six months instead of quarterly. While it may sound like a way to […]
I have trouble keeping up with the reasons why Bitcoin moves in either direction. It seemed correlated with the Nasdaq coming out of the pandemic; then was compared to “digital gold”; and recently it was a hedge against government mismanagement. Its bull case seems to change each day and I’m not embarrassed to say that […]
It’s not often that a stock jumps almost 7% in a single day because of an analyst upgrade. Nevertheless, that’s what happened on October 1 when Desjardins published a note about Algonquin Power & Utilities (“AQN”). “We are upgrading AQN to ‘Buy’ from ‘Hold,’ largely due to compelling valuation following recent weakness, strong management, and […]
Much like the Internet changed the world, so too will artificial intelligence. But with stock prices on fire lately, many are asking if we’re in a bubble that is ready to burst. When people foresee a bubble, anyone that owns stocks is wise to listen up. Federal Reserve Chair Alan Greenspan famously warned about “irrational […]
