Is BC’s New and Unnatural Political Alliance Good For Anyone?

Is BC’s New and Unnatural Political Alliance Good For Anyone?
By Ron Friesen Kinder Morgan Canada Ltd (TSX:KML) launched their IPO last week at C$17.00 per-share, then opened on the TSX this past Tuesday, May 30 at C$16.06, closing first-day trading at C$16.24. On the morning of day two trading was around C$16.05. Day three, mid-day TSX:KML has rebounded to C$16.41. Investors are showing their opinion of value, and perhaps... Read More

Moody’s Downgrade of Canada’s Big Banks – In Context

Moody’s Downgrade of Canada’s Big Banks – In Context
By Ron Friesen Following the news of Moody’s recently downgrading the credit rating of six of Canada’s big banks we are now in Q2 reporting season for the big five. There is understandable difficulty for many consumers to interpret the news and reports with confidence, especially under exposure to seemingly conflicting views. The credit rating at Canada’s big banks drop... Read More

Has the death of value investing been greatly exaggerated?

Has the death of value investing been greatly exaggerated?
By David Duval These days it would seem that the concept of “value investing” has become an oxymoron given the almost daily price anomalies we see in the global marketplace. Many widely followed stocks are trading at historically high price/earnings multiples despite their poor underlying fundamentals. Rather than invest profits back into their businesses (which might partly explain why the... Read More

Dollar Cost Averaging into Equities

Dollar Cost Averaging into Equities
During the past year in Canada, both domestically and internationally, we entered 2016 with our national economy on the verge of recession led by a drastic slowdown in Alberta’s economic output under a new provincial government. Consider the significance and scale of the events, the national economic trend has more recently reversed in the back half of the year with... Read More

Man vs. Machine: Can the retail investor compete with high frequency traders?

Man vs. Machine: Can the retail investor compete with high frequency traders?
By Tony Matos Computerized trading has become a double edged sword in the financial market. Computers have facilitated the ease with which transactions take place, yet with the introduction of High Frequency Trading (HFT) in 1999, many believe that the technology has advanced to the point of becoming a torment. High Frequency Trading is capable of completing trading transactions in... Read More

Will Vancouver Commercial Real Estate Have the Same Fate as the Housing Bubble?

Will Vancouver Commercial Real Estate Have the Same Fate as the Housing Bubble?
Altus Group, a provider of commercial real estate services, reported that real estate transactions in Vancouver were up 34% in just one quarter, the sixth straight quarter of growth. $3.75 billion in deal flow was recorded by Altus, 875 of those deals exceeded $1 million and 19 transactions for more than $25 million. The increase in commercial real estate sales... Read More

Taxes, not basic necessities make up largest Canadian household expense

Taxes, not basic necessities make up largest Canadian household expense
The average Canadian family spends more on taxes than on housing, food and clothing combined, finds a new study recently released by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “Most people don’t realize it, but the average Canadian household now pays more in taxes than they spend on the basic necessities of life combined,” said Charles Lammam,... Read More

Building On The Strengths Of Canada’s Four Global Financial Centres

Building On The Strengths Of Canada’s Four Global Financial Centres
A comprehensive report by the Conference Board of Canada has shown that Vancouver stands out within Canada as a centre for wealth management activity, higher than any other financial activity in the city. The report, Stronger Together: The Strengths of Canada’s Four Global Financial Centres, was co-funded by AdvantageBC, Calgary Economic Development, Toronto Financial Services Alliance and Finance Montreal. The... Read More

Porter Bancorp up 35% on Positive Revenue News

Porter Bancorp up 35% on Positive Revenue News
Porter Bancorp, Inc. , parent company of PBI Bank, is a community bank with a wide range of commercial and personal banking products, including wealth management and trust services, and an innovative on-line bank which delivers competitive deposit products and services through an on-line banking division operating under the name of Ascencia. The Company reported that net income for... Read More