Jerome Hass is a portfolio manager with Lightwater Partners Ltd. Lightwater manages two long short equity funds: the Lightwater Long Short Fund and the Nimble Fund. He spoke to us about his firm’s investment strategy and shared some of his small cap ideas. Listen towards the podcast interview with Jerome Hass:http://wpmedia.business.financialpost.com/2016/03/jerome-haas-lightwater-partners-ltd-162216-podcast1.mp3 James West is an investor and also the ...
Read More »Stranded oil assets?: Not a simple yes or no
A stranded asset is definitely an investment that is obsolete before the end of their useful life, creating a financial loss for an investor who decided to learn. With the prospect of disruptive technologies like planet, and tougher GHG policies targeted at curbing using hydrocarbons, some reason that today’s oil reserves turn into tomorrow’s stranded assets. Is that this a ...
Read More »Brussels attack hasn’t soured Ontario Teachers’ Pension Plan on infrastructure investments: CEO
The recent terrorist attack involving a bombing at the Brussels Airport hasn’t altered the Ontario Teachers’ Type of pension appetite for infrastructure investments, the plan’s chief executive said Wednesday. Teachers’ owns a 39 per cent stake within the airport in Belgium, which was hit along with a busy Brussels metro station within an attack this month that left a lot ...
Read More »Chipotle Mexican Grill Inc considers opening ‘Better Burger’ chain as it looks for ‘growth seeds’
Chipotle Mexican Grill Inc. may be engaging in the burger business. Chipotle, that has already committed to two smaller chains, is considering opening another restaurant concept focused on hamburgers, said Chris Arnold, a spokesman for the Denver-based company. The organization filed a trademark application this month for the name “Better Burger,” based on the U.S. Patent and Trademark Office website. ...
Read More »Canada ranked second most competitive for business among leading industrial nations
TORONTO – Accounting giant KPMG says Canada has proven to be second best market in a comparison test of 10 leading industrial countries. Top 10 competitive countries Accounting giant KPMG says Canada was the second most competitive market inside a comparison of 10 leading industrial countries. Following may be the list of countries so as.1. Mexico2. Canada3. The Netherlands4. Italy5. ...
Read More »How Big Oil is keeping the faith in Canada’s East Coast: ‘One of the last great undeveloped frontiers’
Major oil companies happen to be jettisoning projects, slashing capital expenditure and scrapping ambitious plans around the globe in an age of austerity within the energy patch due to the decline in oil prices from a lot more than US$100 per barrel of West Texas Intermediate crude last June to less than US$30 at some point in mid-January. Why your budget ...
Read More »Billionaire investor Murray Edwards leaves oilpatch, decamps from Calgary to London
Murray Edwards, the billionaire investor and elder statesman of Canada’s hard-hit oilpatch, has left his Calgary home and relocated to London. Edwards’ move, that has been the source of speculation in Canada’s energy hub for weeks, was confirmed in a regulatory filing by Magellan Aerospace Corp., a Mississauga, Ontario-based aircraft manufacturer controlled by Edwards. The 56-year-old’s residence is listed as ...
Read More »Parkland Fuel Corp settles its fight with the Competition Bureau
To settle a fight with the Competition Bureau of Canada, Parkland Fuel Corp. will have to sell off assets in Ontario and Manitoba. Parkland, a Red Deer, Alta.-based gasoline retailer, announced after markets closed Tuesday it had reached funds using the Bureau, requiring the company to sell a fill-up station in Kapuskasing, Ont. and either divest or terminate fuel supply ...
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