Understanding and comparing investment returns

Keep in mind that, despite new disclosure rules to increase transparency, the fee shown on your investment report may not be the total fee you paid your adviser

Understanding and comparing investment returnsWhen comparing your investment returns to that of others or those you see published, selection and timing are two critical issues. Make sure you’re comparing apples to apples: that you’re weighing similar investments. Each investor has their own risk tolerance and objectives. What’s right for your friend, neighbour or family member may not be right for…

Suncor capital plans for 2020 set at $5.4-$6 billion

Upstream production is expected to reach 800,000 to 840,000 barrels of oil equivalent per day, an increase of about five per cent

Suncor capital plans for 2020 set at $5.4-$6 billionCalgary-based Suncor Energy says its capital investment program to be $5.4 to $6 billion in 2020 with upstream production expected to be between 800,000 to 840,000 barrels of oil equivalent per day (boe/d), an increase of about five per cent production. “During 2019, we've demonstrated the value of our asset integration and flexibility through our…

Digital shift not offsetting newspapers’ print decline

Digital advertising sales reached $295.6 million in 2018, a 20.8 per cent increase from 2016, yet print ad sales declined by a much larger amount

Digital shift not offsetting newspapers’ print declineGrowth in digital ads for newspapers has not been fast enough to offset the decline in print advertising, according to data released Friday by Statistics Canada. The federal agency reported that digital advertising sales reached $295.6 million in 2018, a 20.8 per cent increase from 2016. Print advertising sales totalled $1.2 billion, down from $1.6…

Routine legal tasks at your fingertips

Shane Murphy on how Founded Technologies is striving to be an essential online tool for small Canadian businesses

Routine legal tasks at your fingertipsShane Murphy is co-founder of the legal automation company Founded Technologies. What is Founded Technologies and what does it do? Murphy: Founded Technologies makes the legal side of entrepreneurship easy. It’s an online legal automation platform that takes routine legal tasks that small businesses face (think incorporating, managing a minute book, creating contracts) and makes…

Imperial Oil production highest in 30 years

Net income down in the third quarter but company returned $512 million to shareholders through share purchases and dividends

Imperial Oil production highest in 30 yearsCalgary-based Imperial Oil announced on Friday that it had net income of $424 million in its third quarter, down from $749 million a year ago. But the company also experienced its highest third quarter production in 30 years at 407,000 gross oil-equivalent barrels per day. The company also returned $512 million to shareholders through share…

TC Energy announces West Path Delivery Program expansion

TC Energy announces West Path Delivery Program expansionCalgary-based TC Energy Corporation is moving forward with its West Path Delivery Program, a combined $1.2 billion expansion of its NOVA Gas Transmission Ltd. and Foothills Systems, which will connect with the US$335 million GTN XPress Project recently announced by TC PipeLines LP, to deliver the volumes to downstream markets.  “The West Path Delivery Program,…

ATCO quarterly earnings fall from a year ago

But Neltume Ports contributed $2 million in higher earnings in the third quarter compared to the same period in 2018

ATCO quarterly earnings fall from a year agoCalgary-based ATCO announced on Thursday third quarter 2019 adjusted earnings of $74 million, or $0.65 per share, compared to $87 million, or $0.76 per share, in the third quarter of 2018. “Lower third-quarter earnings recorded in Canadian Utilities and ATCO Investments were partially offset by higher earnings in Structures & Logistics and Neltume Ports,” said…

Suncor quarterly net earnings top $1 billion

Total oil sands production during the third quarter increased to 670,000 barrels per day

Suncor quarterly net earnings top $1 billionCalgary-based energy giant Suncor is reporting net earnings of $1.035 billion ($0.67 per common share) in the third quarter of this year. That’s down from $1.812 billion ($1.12 per common share) in the corresponding quarter in the prior year. Funds from operations were $2.675 billion ($1.72 per common share) in the third quarter compared to…

WestJet reports strong third-quarter net earnings

Total quarterly revenue was nearly $1.4 billion, up 10.5% from a year ago

WestJet reports strong third-quarter net earningsWestJet had net earnings of $119.4 million, or $1.02 per fully diluted share, in its third quarter compared with net earnings of $70.1 million, or $0.61 per fully diluted share, reported in the third quarter of 2018. That’s a year-over-year increase of 70.4 per cent and 67.2 per cent respectively. “We are very pleased with these remarkable results, achieving…
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