Canadian climate activists ask bankers to close ESG debt loopholes

‘This loophole is exploited by participants’ Author of the article: Bloomberg News Esteban Duarte Bank buildings in Toronto’s financial district. Photo by THE CANADIAN PRESS/Tijana Martin files Investors for Paris Compliance, a climate change activist group, is asking bond and loan industry trade associations to tighten principles used to issue environmentally-friendly labeled debt that they… Continue reading Canadian climate activists ask bankers to close ESG debt loopholes

It’s hard to do, but sometimes investors have to admit they’re wrong and move on

Martin Pelletier: Humility is the ultimate form of risk management Bill Ackman’s Netflix investment fail is a great example of realizing that we all make mistakes, but we can correct them and move on. Photo by REUTERS/Dado Ruvic/Illustration One of my favourite quotes is by Anthony De Mello: “The three most difficult things for a… Continue reading It’s hard to do, but sometimes investors have to admit they’re wrong and move on

Twitter poised to accept Elon Musk’s ‘best and final’ offer, sources say

The deal ends Twitter’s run as a public company since its 2013 initial public offering Author of the article: Publishing date: Apr 25, 2022  •  15 hours ago  •  2 minute read  •  12 Comments Elon Musk, the world’s richest person according to a tally by Forbes, is negotiating to buy Twitter in a personal capacity… Continue reading Twitter poised to accept Elon Musk’s ‘best and final’ offer, sources say

Stocks are headed south big time today with Dow down more than 700 points

Concerns about risks from interest rate hikes continued to weigh on megacap growth stocks Author of the article: Reuters Bansari Mayur Kamdar and Amruta Khandekar All the 11 major S&P 500 sectors fell. Photo by REUTERS/Brendan McDermid Wall Street slumped to a lower close on Friday, ending a whipsaw week of surprise earnings news and… Continue reading Stocks are headed south big time today with Dow down more than 700 points

Shopify stock split fails to win over retail investors

Shopify is down 23% to about $605 since its 10-for-1 stock split Author of the article: Bloomberg News Subrat Patnaik and Ryan Vlastelica A monitor displays Shopify Inc. signage on the floor of the New York Stock Exchange. Photo by Michael Nagle/Bloomberg files Shopify Inc. set out to win the affection of retail investors with… Continue reading Shopify stock split fails to win over retail investors

Five ways inflation impacts your investments and what you should do about it

Peter Hodson: Inflation has likely destroyed part of your portfolio this year, especially if you own growth stocks Publishing date: Apr 22, 2022  •  19 hours ago  •  4 minute read  •  5 Comments Inflation takes root when fearful consumers start spending to get ahead of price hikes, which only stokes higher prices. Photo by Peter… Continue reading Five ways inflation impacts your investments and what you should do about it

Canadian IPO market freezes for tech firms in first quarter of 2022

Not a single innovation-economy company went public via an IPO in the first quarter of 2022 Author of the article: The Logic Aleksandra Sagan Pedestrians pass in front of the Toronto Stock Exchange in the financial district of Toronto. Photo by Cole Burston/Bloomberg files VANCOUVER — After a record-breaking year for initial public offerings on… Continue reading Canadian IPO market freezes for tech firms in first quarter of 2022

AIMCo delivers record 14.7% gain in 2021 as it rebounds from volatility scheme losses

Crown corporation beat its aggregate benchmark of 8% with a record annual ‘value-add’ of $7.7 billion Evan Siddall took over as AIMCo’s chief executive in July. Photo by Brent Lewin/Bloomberg files Alberta Investment Management Corporation (AIMCo) has bounced back from a $2-billion loss on a volatility trading scheme in 2020, posting the strongest net return… Continue reading AIMCo delivers record 14.7% gain in 2021 as it rebounds from volatility scheme losses