Finance
The stock: This week’s announcement that B.C. is entering stage two of its pandemic reopening plan—with expanded indoor dining and bar service—must have been music to the ears of investors in Boston Pizza Royalties Income Fund (TSX:BPF.UN). Their optimism pushed the Richmond-based company’s units to a COVID-19-era high of $14.85. There...
The stock: Like most retail stocks, Lululemon Athletica (NASDAQ:LULU) did the downward dog with the onset of COVID-19 last year. But not for long: thanks to surging online sales, the Vancouver-based activewear company quickly made up the slack and capitalized on pandemic demand for informal apparel and DIY sports. Now as...
The stock: Excuse me while I wipe the coffee off my hoodie after learning what that house down the block just sold for. Few industries have fared so well during the pandemic as residential real estate. Yet for all the...
The stock: B.C.’s biotech sector has had a breakthrough year, what with the blockbuster IPO of AbCellera Biologics (NASDAQ:ABCL) in December, U.S. regulatory approval for Aurinia Pharmaceuticals (TSX:AUP) in January and other milestones. Next to those, the nearly 30-percent appreciation...
For the complete interview, check out The BCBusiness Podcast. How has COVID-19 impacted Vancity? When the pandemic hit, we knew that we had to take a lot of our capital reserves and put them where they would do the most good. And...
BC Business + Addenda Capital When the World Economic Forum published its white paper in 2011, sustainable investing was touted as a way for financial markets to “accelerate the transition towards more sustainable business practices”. Over time, more and more investors embraced environmental, social and governance (ESG) factors as an important part...
The stock: How can one buy into this market when everything is so expensive? Well, there’s still the odd value stock out there quietly delivering sweet dividends and capital gains without getting much love from investors. Take Westshore Terminals Investment...
The stock: Investing in companies that have only recently gone public is tricky. You don’t have years of performance data and valuations with which to make comparisons. It gets still more challenging after an economically fraught year like 2020; even some...
The stock: If you’ve made any home improvements lately, you’ll know that the price of lumber has gone through the roof, largely thanks to the pandemic-era obsession with all things domestic. Internet memes are circulating about the lumber-to-bitcoin exchange rate...
The stock: Myth: there are no explorers and producers of oil and gas based in B.C. Also a myth: nobody’s made any money in the sector since oil prices tanked in 2014. Take Vancouver-based Reconnaissance Energy Africa (TSXV:RECO), which came from penny-stock oblivion six months ago to a share price pushing...