Tag Archives: Canadian

George Soros is betting on the Canadian energy sector. Should you too?


George Soros is one of the best investors on the planet. In 1973 he founded the Quantum Fund, and also over the next 2 decades Soros went on to generate a 30% compounded annual return. Because of that kind of performance, he has cemented his place one of the world\’s greatest investors. Because of his exceptional history, I always pay ...

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Why Quebecor Inc stands out in the Canadian telecom sector


TD Securities analyst Vince Valentini is pounding the table on Quebecor Inc., telling clients not one other stock within the Canadian telecom space provides the same combination of value and growth. He believes the seven-per-cent pullback in Quebecor shares since the company reported first-quarter results is “completely unwarranted.” The company’s initial phase wireless business had record average revenue per user ...

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Big Canadian investors push for more say in director nominations


An organization backed by the country\’s biggest pension funds and cash managers is looking on Canada to adopt U.S.-style rules to make it easier for large shareholders to appoint directors for election to company boards. The Canadian Coalition permanently Governance, whose members include the Canada Type of pension Investment Board and CIBC Asset Management Inc., is urging Industry Canada to ...

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Canadian Natural Resources Ltd delaying spending plans over Alberta government uncertainty


CALGARY – Canadian Natural Resources Ltd is delaying aiming detailed future spending plans because of uncertainty about the energy policies of Alberta\’s New Democratic Party government, the organization said on Wednesday. Premier Rachel Notley\’s rookie NDP government swept to power earlier this month, ending 44 many years of Progressive Conservative party rule inside a win that unsettled many oil industry ...

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Canadian bank earnings begin: What you need to know before markets open


U.S. stock index futures are higher today as the dollar retreated from the largest grow in two years and as worries about Greece receded. In early European trading, the dollar was down around another of one percent against a basket of currencies, after jumping 1.3 percent on Tuesday, its biggest rise since July 2013.Greece and its European creditors also have ...

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The best 11 Canadian stocks to buy in June


We asked our top analysts for his or her favourite stocks to purchase this month. Kay Ng: Canadian Western Bank (TSX:CWB) Canadian Western Bank (TSX:CWB) remains my top idea from recently. Canadian Western is really a regional bank offering personal and business banking services over the four western provinces. It\’s even cheaper than last month, dropping from $31 to $28. ...

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Foreign investors snapped up most Canadian stocks on record in first 4 months of year


OTTAWA – Foreign investors bought Canadian securities for that fourth straight month in April, snapping up $12.94 billion to create a new record for that opening 4 months of a year, Statistics Canada said on Tuesday. Non-residents bought $5.04 billion in Canadian bonds, led by investment in federal government bonds, in addition to $4.24 billion in money market paper and ...

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Foreign demand for Canadian housing a bright spot for struggling economy


The Canadian economy tanked in the first quarter, and April\’s data C like basically non-existent growth in consumer spending C don\’t exactly cause you to feel things are getting better anytime soon. Our manufacturers should be picking up the slack developed by low oil prices, there is however little evidence in export or business investment data that Canada\’s non-energy companies ...

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Canadian Pacific Railway looking for a rebound


Canadian Pacific Railway Ltd. has been around a bit of a slump, but the stock might be set to recover after falling 12 percent so far this season. “CP is our favorite railroad because it is the best at school operator,” said Stephen Boland, analyst at Odlum Brown, in a note to clients that reiterated his buy rating and $235 ...

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Loonie overvalued by 10%, dragging on Canadian growth: CIBC


CIBC World Markets says the loonie has been overvalued by 10 per cent since the recession, that has saddled Canadians using the equivalent of a 90 basis point higher interest rate from the Bank of Canada. “Oil\’s tumble has brought the Canadian dollar down with it,” said Nick Exarhos and Avery Shenfeld, economists at CIBC World Markets. “But our currency ...

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