Technology The best investments to consider in 2020
Norwegian fund excludes four Canadian firms as it exits oilsands investments
Norwegian fund excludes four Canadian firms as it exits oilsands investmentsKommunal Landspensjonskasse or KLP says it sold US$58 million worth of stocks and bonds as it reduced its tolerance threshold for companies with interests in the oilsands from 30 per cent to five per cent, matching its limit for coal investments.
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It has been a repugnant month in the world of hockey.
First, there was Don Cherry spitting his bile into the camera, attacking “you people” for allegedly failing to buy poppies.
Then, in the wake of Cherry’s firing, we were treated to Ron MacLean’s cringeworthy dissertation on his favourite subject, Ron MacLean. No sooner had we rinsed the taste of that out of our mouths than former Olympic team coach Mike Babcock was fired by the Maple Leafs. And in the wake of Babcock’s firing came more revelations about Babcock’s abysmal treatment of Toronto star Mitch Marner during his rookie season.
Costco is building its 1st store on a First Nation
It will be the first Costco built on a First Nation in Canada. The 150,000-sq.-ft. store is already under construction at the corner of the southwest Calgary ring road and 130th Avenue, and is set to open in summer 2020.The store will be part of a development called Shops at Buffalo Run, with other stores and restaurants nearby scheduled to open in summer 2021."This signifies another major step forward for Taza and is reflective of the economic and social vision the Tsuut'ina Nation and its leadership have had for decades," Chief Lee Crowchild said in an emailed release on Wednesday.
Somewhere in there, the ill-named Department of Player Safety dropped the ball after repeat offender Robert Bortuzzo of the St. Louis Blues repeatedly cross-checked and injured the Predators’ Viktor Arvidsson. Bortuzzo drew a laughable four-game suspension.
All that dimmed in the wake of allegations from the once-promising young player Akim Aliu, who charged Calgary Flames coach Bill Peters had verbally abused him with some of the nastiest racist comments you will ever hear. The scandal exposed some of the seamier aspects of hockey culture in ways that will be felt for a decade or more.
Finally, Sportsnet trotted out MacLean to take part in a panel on diversity. So here you have the guy who for a quarter century enabled Cherry in his ceaseless attacks on every aspect of diversity — and you bring him out to talk about diversity. There are no words.
Putting AIMCo in charge of teachers' pension, WCB assets a 'win win,' Crown CEO says
Putting AIMCo in charge of teachers' pension, WCB assets a 'win win,' Crown CEO says “This is a rare instance where, if we do this right, there’s no sacrifice,” AIMCo CEO Kevin Uebelein said in a Friday interview. “There’s an opportunity to win on all accounts.
Closer to home, as the Canadiens’ winless skid reached seven games with a Saturday afternoon loss to the Flyers on home ice, fans were calling for pink slips to be issued to everyone in the organization from Youppi! to Geoff Molson.
I don’t blame the fans for being frustrated. There are some holes Marc Bergevin should have closed, especially at left defence, and Claude Julien has had better stretches behind the bench. Some games, like the odd-man-rush loss to New Jersey, are simply inexplicable. In others, particularly against Philadelphia, the Canadiens have played well and still lost. It happens.
But a GM and a coach can take a team only so far. When your goalie isn’t stopping pucks, you’re a fool. When he is, a Patrick Roy can make a Jean Perron look like a genius. If there has been a real problem this season, it’s there: in the crease.
In these parts, the fans blame everyone else — but at $15 million per season, Carey Price is supposed to cover up som e of those mistakes. An .897 save percentage and a 3.19 goals-against going into last night’s game in Boston isn’t going to get it done — and it has been much worse of late.
Former Vancouver Canucks defenceman sues financial advisers for negligence
A former Vancouver Canucks defenceman is suing his financial advisors, alleging they gave him bad advice and sold unsuitable investments and insurance policies that amounted to more than his entire six-year hockey contract. In 2013, Jason Garrison was 28 years old and signed to a nearly $28 million US contract with the Vancouver Canucks. That year, he hired Richard Jones from RJ Financial Group, a Vancouver-based insurance and wealth management firm whose clients include professional athletes, dentists and doctors.
If Price has hit the same career wall that appears to have taken down his buddy P.K. Subban, the Canadiens need to go full rebuild and hope Cayden Primeau is the second coming of Ken Dryden, that Cole Caufield and Nick Suzuki can fill the net and that a couple of the young defencemen can close the gaping holes on the blue line.
Either way, it’s going to require patience. Building a championship team has never been easy. Building one in the 21 st century, with a 31-team league about to expand to 32 in a multibillion-dollar business, is like trying to build the pyramids with a teaspoon: it takes patience.
Given a consistent effort, a high level of competence, a quantum of luck and a great deal of patience, your management team might get you there. A revolving door will not. There is no better recipe for failure than to start handing out pink slips every time you hit a slump.
I covered it for a decade beginning in 1994. Firing after firing, GM after GM, coach after coach, and the team kept getting worse until Bob Gainey managed to at least slow the bleeding — but Gainey himself was far too quick on the trigger in firing his coaches.
City of Vancouver considering biggest property tax increase in over a decade
If council passes the city budget as proposed, it would mean an estimated increase of $354 for the City of Vancouver's portion of the property tax bill on the median single-family home, from $3,809 to $4,163. Council is expected to vote on the budget by the end of the year and may propose amendments to reduce the tax increase — as they did last year — when a proposed 4.9 per cent increase was eventually reduced to 4.5 per cent.A special meeting is scheduled on Dec. 3 for members of the public to speak to council about the budget.Why the big increase?Overall, Vancouver's operating budget is proposed to increase by 7.
Bergevin is a good GM. He has brought in Philip Danault, Jeff Petry, Shea Weber, Max Domi, Nick Suzuki, Tomas Tatar, Jonathan Drouin, Joel Armia — all acquired through deft trades. He was able to turn his biggest mistake at the draft table, Alex Galchenyuk, into Domi. A fair return on a No. 3 pick.
Meanwhile, does it matter Julien is a quality human being, one of the best in the game? I think it does. Now more than ever. Look at a Bill Peters and you understand immediately that winning is not everything. Peters has plunged three organizations (the Flames, the Hurricanes and the as-yet-unborn Seattle franchise) into an escalating crisis.
Julien will never embarrass your organization. He will never abuse or mistreat a player, verbally or physically. He will never be a jerk to the media or the fans. Obviously, setting the bar at “better than Bill Peters” is pretty low, but Julien has won a Stanley Cup and he is one of the most respected coaches in the league, on and off the ice.
So take a deep breath, go with the flow, and try to be patient. Things are going to get better. I promise.
Kobe Bryant once said he wanted to be remembered as an investor instead of an athlete .
In 2016, Kobe Bryant, who spent two decades on the Los Angeles Lakers, said he wanted to be remembered as an investor and not his NBA career. Bryant shared his thoughts about his legacy and passion in investment during an interview with CNBC on August 22, 2016, after disclosing the launch of his own $100 million venture fund.
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BEST INVESTMENTS FOR 2020
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