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Date:​ Feb 8 2019

Newspaper​:Innovation Nation: How technology is reshaping the insurance industry

Summary:
● Canada has a rich history of innovation, but in the next few decades, powerful
technological forces will transform the global economy.
● In its simplest form, insurance spreads the risk of loss suffered by one
person amongst many. But in today’s modern economy, constantly
evolving with the tides of innovation, insurance has never been so
complex. Technological drivers of change present the industry with some
of its greatest opportunities and risks in decades; however, if not managed
carefully, technology could be as catastrophic as it is revolutionary to the
industry.
● Historically, the growth and establishment of insurance originated in the
days of the shipping industry when a vessel and its cargo could be
damaged or lost due to storm, loading and unloading, fire, or even pirate
attacks.
● The IoT is the connector between companies, products and consumers. It
can also be the engine behind the creation of a multitude of connected
devices and technology that will directly present both risks and
opportunities for insurers and consumers alike.

One Thing I learned:​ I learned that the technology has been improving a lot so much
that insurance companies will not last forever.

Date​: Feb 13 2019


Newspaper​:​If the government wants to know the right way to support
business, it should look to Israel and Texas

Summary:
● The ongoing saga involving SNC Lavalin and the Prime Minister’s Office, in
which questions are being raised about the extent to which senior
government officials attempted to intervene in the company’s legal issues,
is a good opportunity to reflect on how Canadian policymakers can do a
better job of creating a fair and competitive business environment.
● There are a couple of great examples that show how government-led
policy can have a tremendous impact, if done correctly.
● As a result, the country saw growth explode, with thousands of new
companies producing telecommunications equipment, software,
semiconductors, biotech and medical electronics. Consequently, these
high technology products now account for more than 70 per cent of total
exports — more than any nation globally.

What I Learned:
I learned that the government should take tips from Israel and Texas when
negotiating things like business.

Date:​Feb 14 2019
Newspaper:​Canada Goose to open new factory in Quebec as profit beats
expectations.

Summary:

● The production facility will be located in Montreal and is expected to employ more
than 100 people by the end of March, and grow to 650 new positions at full
capacity by the end of 2020.
● Revenue in what was the company’s third quarter totalled $399.3 million,
up from $265.9 million.
● Canada Goose Holdings Inc. says it will open a new factory in Quebec, its
second in the province.
● Canada goose has created 650 new jobs for people in quebec.

What i learned​:
I learned that the company canada goose is creating 650 new jobs for people
and that they are also moving their factory to Montreal,Quebec.
Date:​ ​Feb 15 2019
Newspaper:​Hate mail and vitriol: Divisions run deep over bill that could reshape our
natural resources economy

Summary:

● TORONTO/CALGARY – It’s a Friday afternoon in January and Pierre


Gratton, president of the Mining Association of Canada, is tired of
responding to angry emails from people he doesn’t know.
● For the second time in as many months, his inbox and phone line were
flooded with messages — some polite, some he calls “hate mail” — from
people opposed to Bill C-69, the planned overhaul of the federal
environmental review process.
● This newspaper describes a way that we can recreate our natural
resources but the machine that does it would be way over budget.

What I learned​: I learned that we should preserve and never waste our natural
resources or it will have to come to a machine that recreates them.

Date: Feb 19 2019


Newspaper:Financial Post
Article:​Five things investors always forget, from the power of dividends to the futility of
market timing.

Summary​:
● You can earn about $48,000 a year completely tax free
● The stock market is ​not​ designed to scam you out of your money

● The investment industry plays on your fears to try to get all of your money

● It is very tough to run a truly successful public company, which is why you

should stick with your winners

● It’s time​ in ​the market that count

What I learned​:
In this article I learned 5 things investors always forget.

Date:​Feb 20 2019

Newspaper:​Financial post

Article name​:​Somebody’s foot on our throat’: Alberta restaurant industry says it’s lost
10,000 jobs in 4 years.

Summary​:

● An Alberta cabinet minister snubbed a group of restaurateurs on Tuesday,


saying their new campaign was “anti-worker” for criticizing the
government’s minimum wage increases.
● restaurants Canada invited the three contenders in Alberta’s forthcoming
provincial election to its event. Both United Conservative Party leader
Jason Kenney and Alberta Party leader Stephen Mandel spoke at the
event. NDP Labour Minister Christina Gray was scheduled to speak too,
but cancelled the day before. Restaurants Canada said organizers were
told the minister had to attend to a pressing matter.
● But at an afternoon press conference, Gray said she deliberately skipped
the morning event after learning “Restaurants Canada was using today’s
event to launch what I would consider … an anti-worker campaign.

What I Learned:​I learned that by electing the right representative we can create
jobs for the people losing jobs in Alberta.

Date: ​Feb 21 2019

Newspaper: ​Toronto star

Article:​Hydro One profit rises, helped by weather and lower taxes


Summary:

● Revenue rises to $1.56 billion


● The Ontario power utility says the profit amounted to 27 cents per diluted
share for the quarter ended Dec. 31.
● Hydro One says it earned 29 cents per diluted share, up from 28 cents per
diluted share a year ago.

What I Learned:​ I learned that the revenue of the ontario power utility has risen
to 1.56 billion.

Date:​ ​Feb 22 2019

Newspaper:​ Financial Post

Article:​'Crisis of our own making': Regulatory logjam has cost $100B in cancelled
resource projects

Summary:

● A new report shows $100 billion in planned spending on resource projects in


Canada has evaporated, and a further drop should be expected without
substantial amendments to the Liberal government’s planned regulatory overhaul
in Bill C-69.
● Canada is wasting their money on this useless project
● TransCanada Corp.’s $15-billion Energy East pipeline, CNOOC Ltd.’s
Aurora LNG and Petronas Bhd’s $36-billion Pacific NorthWest LNG project
are among the major resource projects that have been cancelled in recent
years after long and uncertain regulatory processes, contributing to the
$100-billion figure.

What I Learned:​ I learned that some things that canada has been doing has been
costing the taxpayers plenty of money. Just like this useless operation that got
cancelled but still cost 100 billion dollars.
Date:​ Feb 26 2019

Newspaper:​ Financial Post

Article:​Warren Buffett is aching for an ‘elephant-sized’ deal, but ‘sky-high’ prices leave
him sitting on a $112 billion cash pile

Summary:

● The billionaire investor wrote in an annual letter to shareholders on Saturday that


the prospects of landing a mega-deal for his Berkshire Hathaway Inc
conglomerate are “not good,” because “prices are sky-high for businesses
possessing decent long-term prospects.”
● Buffet said he would not get caught short of cash that he could use should
market conditions deteriorate. Some of Buffett’s transactions over the last
decade or so have included complex deals with distressed companies,
including in the aftermath of the global financial crisis.
● the U.S. stock market has been on a stride since the financial crisis a
decade ago, leaving little room for the bargain-hunting value investor to
make his mark, much as had been the case for Buffett during the run-up in
technology stocks in the 1990s.

What I Learned:​ I learned that Warren Buffet was wanting to make a huge deal but he
got left with 100 billion dollars cash.

Date:​ March 1st 2019

Newspaper: ​Financial post

Article:​Alberta to ease oil production cut as glut shrinks and price climbs

Summary:

● Premier Rachel Notley says Alberta will again ease mandatory oil
production cuts due to lower storage levels.
● This will be the second increase since December when the government
ordered production of raw crude oil and bitumen to be cut by 325,000
barrels per day to deal with low prices.
● The province also says warmer weather in spring could mean less diluent
will be needed in pipelines, which helps oil flow easier.

What I Learned: ​I learned that Alberta ​will again ease mandatory oil production cuts
due to lower storage levels.

Date:​ March 4 2019


Newspaper: ​Financial Post
Article:​Gap spins off Old Navy and investors reward it by sending shares
surging 25 per cent

Summary:
● Gap Inc shares surged 25 per cent on Friday as a number of Wall Street
analysts lauded the company’s decision to separate its better-performing
Old Navy brand.
● Old Navy has been the only bright spot for the company in the past few
years, cushioning it from the weak performance of its namesake Gap and
Banana Republic brands, where sales have also taken a hit from fewer
additions of new designs.
● Separating Old Navy to a standalone company is what we have argued for
over the past few years. Doing so allows the market to properly value Old
Navy for its high margins and strong cash flows

What I Learned:​ I learned that old navy has been the only hope for the company
gap.I also learned that they are signed to the same brand so whichever one goes
out of business the other brand will lose money.
Date: ​March 6 2019
Newspaper: ​Financial post
Article:​ ​How BlackBerry transformed from a 'basket of parts' into a money-making
cybersecurity company

Summary:

● BlackBerry Ltd.’s purchase of Cylance Inc. for US$1.4 billion in November


wasn’t exactly a blockbuster deal in the tech industry, where the big boys
post billions of dollars in quarterly profits, and A-list IPOs are valued in the
tens of billions.
● Cisco Systems Inc. bought Duo Security Inc. for US$2.8 billion just a few
months earlier.
● In some ways, the deal is the culmination of the business strategy put in
place by Chen when he took over in 2013, a time when BlackBerry’s future
was very much in doubt and the company was in desperate need of a
“turnaround artist” at the helm — an artist who clearly feels like he’s
succeeded to this point.
● Next year, especially together with Cylance, our software revenue will top
over $1 billion,” Chen said. “There are not too many security companies at
$1-billion revenue. We make money.”

What I Learned:​I learned that you can turn a company that people have
forgotten about into something useful today and make billions being smart.

Date:​March,18,2019

Newspaper: Financial post

Article:Imperial Tobacco Canada gets creditor protection in $15-billion Quebec


lawsuit
Summary:

● The Ontario superior court has made a decision to suspend legal


proceedings against three tobacco companies.
● Imperial tobacco Canada,Hedges and benson were the companies
● All of these companies have lost a 15 billion dollar lawsuit

What I Learned: I learned that tobacco companies are just here to screw people
over because of their addictions.

Date: March 19 2019

Newspaper: Financial post

Article:​Canadian dollar could sink to record low of 62 cents as economy slides closer to
recession, says David Wolf

Summary:

● The Canadian dollar may sink back to its record low of 62 U.S. cents as
the country retrenches from a consumer-spending boom into the face of a
slowing global economy, said David Wolf at Fidelity Investments.
● 17 cents from 75 cents have dropped.
● High debt levels in Canada

What I Learned:

I learned that the canadian dollar will be less valuable because it will shrink from
75 cents to 65 cents.
Date: March 20 2019

Newspaper: Financial post

Article:​Electric car buyers get boost with $5,000 incentive for consumers and tax
write-offs for business

Summary:

● In 2019 Finance Minister Bill Morneau gave Tesla 435 million dollars for zero
emissions deals.
● The finance minister wants everyone to own an electric car, that's the reason why
he is funding them
● Morneau’s budget promises to spend $1 million each year for the next five
years “to work with auto manufacturers to secure voluntary zero emission
vehicle sales targets to ensure that vehicle supply meets increased
demand.”

What I Learned: I learned that our finance minister is endorsing electric cars and
he wants us to drive them instead of gas cars.

Date: March 21 2019

Newspaper: Financial Post

Article:​Chasing cold cash: How icebergs became the field of dreams for believers and
schemers

Summary:

● David Myers is the executive chief of the iceberg water company that lost a lot of
money because the icebergs froze solid and their pipeline broke.
● They lost 15 thousand dollars in iceberg water.
● They also lost a lot of money that they could have made in the future because of
climate change.

What I Learned: I learned that you should never rely on the climate as sources to make
money from. The climate will not stay the same forever.
Newspaper: Financial Post

Article: Cancelled asset sales and fewer financings are making oil and gas deals a grind

Summary:

● Closing deals in Canada’s oil and gas exploration and production sector
has become a grind given the combination of over-leveraged buyers,
anemic capital markets and pipeline uncertainty, according to industry
executives.
● Data from Evaluate Energy shows oil and gas producers have put
producing assets pumping more than 180,000 barrels of oil equivalent per
day up for sale in Western Canada as well as undeveloped land, but M&A
advisors in Calgary say finding buyers for the assets is increasingly difficult
with each new pipeline delay.
● There have been three small deals one pending and two proposed in the
pure oil and gas space, valued at a grand total of $4.4 million, according to
Bloomberg data. Oil and gas services fared slightly better with two deals
since the start of the year, led by Shawcor Ltd.

One Thing I learned: I learned that the oil industry is one of the main industries
that keeps Canada going in terms with money and the debt they owe.

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