I'd say this was probably inevitable. With as CEO, aged 62, he's going to be around for a while. Todd sees a limited road ahead. Maybe this helps Ted stay now - not sure.
CIBC investors edge…. Lousy service - mediocre platform…. Low trade cost. $6.95 per trade. I have been thinking about switching to get better service.
ICU….tell me about Scotia private banking…. I you don’t mind….
There's more production capacity coming online - industry wide. I think it will be harder to capture price (and volume) now then in the past 3-4 years. I don't know if this is peak earnings or not, but get the sense growth is slowing. No more multiple expansion. Maybe here at $113 there's some margin of safety. I sold most of my HPS at $120-$140 over the past year.
Agreed Greg. We've had 2 referendums in Canada when Quebec wanted to separate. Scotland had 2. It's all noise. Because, it's easy to pound the table, on weak pie-in-the-sky ideals, but when it comes to marking the ballot, people cave.
Troops coming to Canada? Not a chance. It's all interesting to watch. Many Canadian are hoping that we, as a country, finally wake-up and and be more bold on the world stage. We have a lot to offer (mostly resources and maple syrup, LOL). Let's see more pipelines out of Alberta. Rare metal mines. Reduced inter-provincial trade barriers and a sovereign wealth fund modelled after Norway. <---- that should have happened 50 years ago.