Description: You may have noticed something new on the Toronto Maple Leafs outfits if you watched the NHL team in its season opener. The Leafs’ hockey helmets now sport the Tik Tok label. The site, host to the short video format that has captivated so many users, has struck a deal that also includes branding… Read more »
Posts By: Brent White
Will the Fans Come Back?
Description: As some of the Covid restrictions are softening, sports teams are pleased to welcome the fans back into their buildings; not to mention the welcome boost to the team revenue from having fans back in the seats. But while things are looking bright in larger cities like Toronto, smaller markets like Ottawa may find… Read more »
Apple’s Supply Chain Crisis
Description: Apple is big; really big. But that doesn’t mean that the giant is immune to the same supply chain issues that have hobbled so many during these last several months. Because of the much-publicized chip shortage, Apple may end up producing 10 million fewer iPhone 13s than originally planned this year. One of the… Read more »
The Facebook Dilemma
Description: Last week a lot of the business news was dominated by the story of former Facebook employee Frances Haugen, a whistle-blower who testified before the U.S. Senate regarding Facebook’s alleged choice of profit over user protection. Haugen also had released various documents to the news media, casting her former employer in quite a negative… Read more »
Big Share Repurchase
Description: Alimentation Couche-Tard Inc., a large chain of convenience stores centered in Québec, has repurchased a large block of shares from one of its founders. The deal will pay Alain Bouchard approximately $300 million for over 6 million shares. A company director who chaired the special board committee that approved the deal said that the… Read more »
Out of the Pandemic Dip
Description: Canada created almost 160,000 jobs in September. That means that the country is out of the deep job loss hole prompted by the pandemic. Statistics Canada states that this job surge has pushed the unemployment rate down to 6.9 %, the lowest since the Covid-19 shutdown began. One intriguing question are how many Canadians… Read more »
Oil at $100 Again?
Description: While some are divesting in oil stocks (see this week’s post on the Caisse’s divestment plans), the Bank of America is predicting oil prices will soar above $100 a barrel for the first time since 2014. Demand for the substance is expected to rise in the face of higher numbers of air travelers, oncoming… Read more »
I & I – Both Up?
Description: Inflation in Canada is emerging as a bit of a problem with August figures up 4.1% over last year’s numbers. A rise in this first “I” of inflation has prompted speculation that the Bank of Canada will have to respond by raising a second “I” – interest rates. Former Bank of Canada employee David… Read more »
Caisse Drops Oil
Description: Pension manager Caisse de dépôt et placement du Québec – often simply referred to as the Caisse – plans to drop its investments in the oil business within the next year. Currently, this industry makes up about 1% of the Caisse’s approximately $400 billion in assets. The Caisse, like many other pension funds, has… Read more »
The EU, Apple, and a usb
Description: In a move to slash e-waste – and perhaps help Apple customers with cleaning out their junk drawers – the European Union (EU) is seeking to regulate a single industry-wide charger for all smart phones. This poses a problem for Apple with its current Lightning charging ports versus the standard USB-C used by most… Read more »