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
When 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…
Upstream production is expected to reach 800,000 to 840,000 barrels of oil equivalent per day, an increase of about five per cent
Calgary-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 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
Growth 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…
Shane Murphy on how Founded Technologies is striving to be an essential online tool for small Canadian businesses
Shane 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…
Net income down in the third quarter but company returned $512 million to shareholders through share purchases and dividends
Calgary-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…
Calgary-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,…
But Neltume Ports contributed $2 million in higher earnings in the third quarter compared to the same period in 2018
Calgary-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…
Total oil sands production during the third quarter increased to 670,000 barrels per day
Calgary-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…
Calgary-based Cenovus Energy Inc. reported net earnings of $187 million for its third quarter this year compared to a net loss of $242 million for the same time last year. “We’re continuing to do everything we said we would do,” said Alex Pourbaix, Cenovus president and CEO, in a news release on Thursday. “Through our…
Total quarterly revenue was nearly $1.4 billion, up 10.5% from a year ago
WestJet 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…
When 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…
