Each week, our team publishes a blog and webcast.
CAE is a stock we added to suitable client portfolios during the summer. The company expects to grow its earnings per share in the mid-20% range between 2022 and 2025 on a compounded annual rate. CAE has three divisions, two of which cover the overwhelming majority of their profit. First, CAE trains pilots in its […]
The Ontario Securities Commission published a survey earlier this week about cryptocurrencies. Its findings weren’t particularly surprising. Too many people own it, and few understand it. The results showed that 13% of Canadians own a crypto asset. At least that was the figure when the poll was conducted between April 26 to May 10, 2022. […]
Because of the “wealth effect”, home prices are important to the economy and, consequently, the stock market. For most people, their home is their largest investment. When your neighbour sells their house for a price above and beyond what you anticipated, you feel richer and are more likely to go on an extra vacation, buy […]
If you’re watching the Canadian loonie, I bet you might be hesitant to travel south of the border any time soon. That’s because one loonie buys only $0.72 U.S. right now, down from $0.79 U.S. at the beginning of the year. However, that’s not because our local currency is weak on a global basis. For […]
U.S. midterm elections take place in just over six weeks on November 8. If the polling is accurate, which lately it hasn’t been, and the forecasts come to fruition, there’s a 70% likelihood that the Democrats will secure a majority in the Senate and the Republicans will win the most seats in the House. In […]
The answer is that they all share the same parent company. Restaurant Brands has about 30,000 locations throughout the world, 65% of which are Burger King, 18% are Tim Hortons, 13% belong to Popeyes, and 4% are Firehouse Subs. The cash flow, however, is overwhelmingly earned by Tim Hortons (44% of the company’s total) and […]
Several years back, I found myself sitting on a train beside a very chatty seatmate. Before the train had departed Toronto’s Union Station enroute to Windsor, the Stratford native had dropped Justin Bieber’s name once, then twice, then three times. My destination — 4 hours and 21 minutes away — couldn’t have come sooner. Thankfully, […]
September tends to be the most volatile month in the market. With many money managers on vacation during August, trading volumes tend to be quite thin throughout the summer. Upon returning to work in September, trading volumes pick up and volatility historically intensifies. Going back to the 1970’s, September is the only month that posted […]
We all gather information from different sources. To a historian, archives are invaluable. For a lawyer, case precedent is essential. With a reporter, eyewitness testimony is likely helpful. In our case, we’ve always preferred to gather information and generate ideas by listening to other people. Not just one or two individuals here and there, but […]
