Beruflich Dokumente
Kultur Dokumente
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.
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:
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.
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
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:
What I Learned:I learned that by electing the right representative we can create
jobs for the people losing jobs in Alberta.
What I Learned: I learned that the revenue of the ontario power utility has risen
to 1.56 billion.
Article:'Crisis of our own making': Regulatory logjam has cost $100B in cancelled
resource projects
Summary:
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
Article:Warren Buffett is aching for an ‘elephant-sized’ deal, but ‘sky-high’ prices leave
him sitting on a $112 billion cash pile
Summary:
What I Learned: I learned that Warren Buffet was wanting to make a huge deal but he
got left with 100 billion dollars cash.
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.
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:
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
What I Learned: I learned that tobacco companies are just here to screw people
over because of their addictions.
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
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.
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.