By Tom Parkin
January 14th, 2025
BURLINGTON, ON
Targets are not being met.
Some readers took exception to information we published from Data Shows, written by Tom Parkin who is certainly left of center in terms of his career. We have a reader who suggests that his “perspective can hardly be considered neutral or objective” apparently not realizing that Parkin lays out facts and then applies a point of view.
Doug Ford’s housing failure cost billions in lost investment last year. Policies hitting targets would have drawn about $50B in housing investment over the past 12 months.
Continue reading Doug Ford’s housing failure cost billions in lost investment last year
By Staff
January 14th, 2025
BURLINGTON, ON
Play Airlines made Hamilton’s John C. Munro Airport part of its base in Canada the summer of 2023; they announced today that their last flight out of Hamilton will be on April 22.
The Icelandic airline initially launched its Canadian business flying from to several cities in Europe, via its hub in Reykjavik.
Continue reading Play Airlines announced yesterday that their last flight out of Hamilton will be on April 22.
By James Portside
January 13th, 2025
BURLINGTON, ON
This information is not professional investment advice. Investors are advised to do their own research into individual stocks before making an investment decision.
The five stocks with the largest dollar value of insider acquisitions in the public market are:
|
Sprott Inc —–Buy Quantity: 12,600 Average cost: $59.71 Total: $752,345.55 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
George, Whitney |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6), 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-10-25 |
12,600 |
$59.71 |
$752,345.55 |
|
Mayfair Gold Corp —–Buy Quantity: 89,200 Average cost: $1.78 Total: $159,195.05 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Muddy Waters Capital LLC |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
01-10-25 |
20,000 |
$1.76 |
$35,200.00 |
Muddy Waters Capital LLC |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
01-09-25 |
19,300 |
$1.77 |
$34,245.92 |
Muddy Waters Capital LLC |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
01-08-25 |
30,000 |
$1.80 |
$53,955.00 |
Muddy Waters Capital LLC |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
01-07-25 |
19,900 |
$1.80 |
$35,794.13 |
|
Bitfarms Ltd —–Buy Quantity: 60,000 Average cost: $2.27 Total: $136,133.58 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Gagnon, Benjamin J. |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-10-25 |
50,000 |
$2.26 |
$113,205.49 |
Lucas, Jeffrey |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-10-25 |
10,000 |
$2.29 |
$22,928.10 |
|
Lavras Gold Corp —–Buy Quantity: 53,400 Average cost: $2.17 Total: $115,710.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Raykov, Rostislav Christov |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
01-10-25 |
53,400 |
$2.17 |
$115,710.00 |
|
Nickel 28 Capital Corp. (formerly, Conic Metals Corp.) —–Buy Quantity: 146,000 Average cost: $0.78 Total: $114,365.90 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Collery, Edward A. |
4 – Director of Issuer, 6 – Director or Senior Officer of 10% Security Holder |
10 – Acquisition or disposition in the public market |
01-10-25 |
56,500 |
$0.79 |
$44,872.30 |
Pelham Investment Partners |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
01-10-25 |
56,500 |
$0.79 |
$44,872.30 |
Collery, Edward A. |
4 – Director of Issuer, 6 – Director or Senior Officer of 10% Security Holder |
10 – Acquisition or disposition in the public market |
01-07-25 |
16,500 |
$0.75 |
$12,310.65 |
Pelham Investment Partners |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
01-07-25 |
16,500 |
$0.75 |
$12,310.65 |
The five stocks with the largest dollar value of insider dispositions in the public market are:
|
Secure Waste Infrastructure Corp. (formerly Secure Energy Services Inc.) —–Sell Quantity: -295,924 Average cost: $16.00 Total: -$4,734,784.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Amirault, Rene |
3 – 10% Security Holder of Issuer, 4 – Director of Issuer, 5 – Senior Officer of Issuer |
57 – Exercise of rights |
01-07-25 |
0 |
$0.00 |
$0.00 |
Amirault, Rene |
3 – 10% Security Holder of Issuer, 4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-07-25 |
-87,992 |
$16.00 |
-$1,407,872.00 |
Anderson, James Darryl |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
01-07-25 |
0 |
$0.00 |
$0.00 |
Anderson, James Darryl |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-07-25 |
-21,229 |
$16.00 |
-$339,664.00 |
Callihoo, Michael Wayne |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
01-07-25 |
0 |
$0.00 |
$0.00 |
Callihoo, Michael Wayne |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-07-25 |
-28,638 |
$16.00 |
-$458,208.00 |
Gransch, Allen Peter |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
01-07-25 |
0 |
$0.00 |
$0.00 |
Gransch, Allen Peter |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-07-25 |
-82,327 |
$16.00 |
-$1,317,232.00 |
Higham, Corey Ray |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
01-07-25 |
0 |
$0.00 |
$0.00 |
Higham, Corey Ray |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-07-25 |
-41,087 |
$16.00 |
-$657,392.00 |
Magus, Chad William |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
01-07-25 |
0 |
$0.00 |
$0.00 |
Magus, Chad William |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-07-25 |
-32,941 |
$16.00 |
-$527,056.00 |
Rudnitski, Rhonda Kimberly |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
01-07-25 |
4,239 |
$0.00 |
$0.00 |
Rudnitski, Rhonda Kimberly |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-07-25 |
-1,710 |
$16.00 |
-$27,360.00 |
|
Canadian Natural Resources Limited —–Sell Quantity: -81,000 Average cost: $47.78 Total: -$3,869,787.00 Options Issued: 81,000 Average cost: $25.62 Total: $2,075,430.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Andersen, Troy John Peter |
5 – Senior Officer of Issuer |
51 – Exercise of options |
01-10-25 |
19,000 |
$10.38 |
$197,220.00 |
Andersen, Troy John Peter |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-10-25 |
-19,000 |
$47.45 |
-$901,607.00 |
Bast, Calvin John |
5 – Senior Officer of Issuer |
51 – Exercise of options |
01-10-25 |
35,000 |
$38.73 |
$1,355,625.00 |
Bast, Calvin John |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-10-25 |
-35,000 |
$47.90 |
-$1,676,500.00 |
Stainthorpe, Mark Allen |
5 – Senior Officer of Issuer |
51 – Exercise of options |
01-10-25 |
27,000 |
$19.36 |
$522,585.00 |
Stainthorpe, Mark Allen |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-10-25 |
-27,000 |
$47.84 |
-$1,291,680.00 |
|
Agnico Eagle Mines Limited —–Sell Quantity: -23,422 Average cost: $121.78 Total: -$2,852,440.02 Options Issued: 22,500 Average cost: $67.19 Total: $1,511,775.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Gosselin, Guy |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-09-25 |
-23,422 |
$121.78 |
-$2,852,440.02 |
Gosselin, Guy |
5 – Senior Officer of Issuer |
51 – Exercise of options |
01-09-25 |
22,500 |
$67.19 |
$1,511,775.00 |
|
NUVISTA ENERGY LTD —–Sell Quantity: -55,898 Average cost: $14.08 Total: -$787,100.43 Options Issued: 46,071 Average cost: $3.72 Total: $171,520.48 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
LeGrow, Christopher Mark Alessandro |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
01-08-25 |
9,827 |
$0.84 |
$8,254.68 |
LeGrow, Christopher Mark Alessandro |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-08-25 |
-10,000 |
$14.03 |
-$140,300.00 |
LeGrow, Christopher Mark Alessandro |
5 – Senior Officer of Issuer |
51 – Exercise of options |
01-08-25 |
173 |
$2.36 |
$408.28 |
LeGrow, Christopher Mark Alessandro |
5 – Senior Officer of Issuer |
51 – Exercise of options |
01-10-25 |
5,000 |
$0.84 |
$4,200.00 |
LeGrow, Christopher Mark Alessandro |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-10-25 |
-5,000 |
$14.30 |
-$71,500.00 |
Truba, Joshua Thomas |
5 – Senior Officer of Issuer |
51 – Exercise of options |
01-08-25 |
28,759 |
$0.84 |
$24,157.56 |
Truba, Joshua Thomas |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-08-25 |
-28,759 |
$14.04 |
-$403,776.36 |
Wright, Jonathan Andrew |
5 – Senior Officer of Issuer |
51 – Exercise of options |
01-10-25 |
12,139 |
$11.76 |
$142,754.64 |
Wright, Jonathan Andrew |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-10-25 |
-12,139 |
$14.13 |
-$171,524.07 |
|
VerticalScope Holdings Inc —–Sell Quantity: -46,900 Average cost: $10.86 Total: -$509,228.48 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Laidlaw, Rob |
3 – 10% Security Holder of Issuer, 4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-07-25 |
-43,600 |
$10.87 |
-$473,727.08 |
Laidlaw, Rob |
3 – 10% Security Holder of Issuer, 4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-08-25 |
-3,300 |
$10.76 |
-$35,501.40 |
What is Insider Trading?
How Insider Trading works.
By James Portside
January 10th, 2025
BURLINGTON, ON
This information is not professional investment advice. Investors are advised to do their own research into individual stocks before making an investment decision.
The five stocks with the largest dollar value of insider acquisitions in the public market are:
|
Lavras Gold Corp —–Buy Quantity: 85,700 Average cost: $2.26 Total: $193,320.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Raykov, Rostislav Christov |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
01-08-25 |
43,500 |
$2.21 |
$96,260.00 |
Uloth, Rowland Wallace |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-08-25 |
42,200 |
$2.30 |
$97,060.00 |
|
Osisko Metals Incorporated —–Buy Quantity: 390,000 Average cost: $0.36 Total: $140,480.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Burzynski, John Feliks |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
01-09-25 |
100,000 |
$0.36 |
$35,500.00 |
Burzynski, John Feliks |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
01-08-25 |
290,000 |
$0.36 |
$104,980.00 |
|
Morguard Real Estate Investment Trust —–Buy Quantity: 21,100 Average cost: $5.55 Total: $117,029.04 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Morguard Corporation |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
01-07-25 |
21,100 |
$5.55 |
$117,029.04 |
|
Lundin Mining Corporation —–Buy Quantity: 8,000 Average cost: $12.48 Total: $99,824.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Lundin, Jack Oliver |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-08-25 |
8,000 |
$12.48 |
$99,824.00 |
|
Kraken Robotics Inc —–Buy Quantity: 29,260 Average cost: $2.46 Total: $71,979.60 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
MacKay, Duane Joseph Alexander |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-08-25 |
13,000 |
$2.46 |
$31,980.00 |
Reid, Gregory Michael |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-08-25 |
16,260 |
$2.46 |
$39,999.60 |
The five stocks with the largest dollar value of insider dispositions in the public market are:
|
Celestica Inc —–Sell Quantity: -25,000 Average cost: $141.64 Total: -$3,541,000.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Wilson, Michael M. |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
01-06-25 |
-25,000 |
$141.64 |
-$3,541,000.00 |
|
Kelt Exploration Ltd —–Sell Quantity: -70,000 Average cost: $7.47 Total: -$522,674.00 Options Issued: 70,000 Average cost: $1.24 Total: $86,600.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Guinan, William Charles |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
51 – Exercise of options |
01-08-25 |
10,000 |
$2.72 |
$27,200.00 |
Guinan, William Charles |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-08-25 |
-10,000 |
$7.52 |
-$75,200.00 |
MacArthur, Douglas Owen |
5 – Senior Officer of Issuer |
51 – Exercise of options |
01-08-25 |
15,000 |
$0.99 |
$14,850.00 |
MacArthur, Douglas Owen |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-08-25 |
-15,000 |
$7.42 |
-$111,324.00 |
Miles, Patrick William George |
5 – Senior Officer of Issuer |
51 – Exercise of options |
01-08-25 |
45,000 |
$0.99 |
$44,550.00 |
Miles, Patrick William George |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-08-25 |
-45,000 |
$7.47 |
-$336,150.00 |
|
Peyto Exploration & Development Corp —–Sell Quantity: -28,400 Average cost: $17.36 Total: -$493,040.00 Options Issued: 30,000 Average cost: $11.79 Total: $353,700.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Carlson, Tavis Aaron |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-08-25 |
-23,400 |
$17.36 |
-$406,290.00 |
Carlson, Tavis Aaron |
5 – Senior Officer of Issuer |
51 – Exercise of options |
01-08-25 |
25,000 |
$12.25 |
$306,250.00 |
Czember, Derick Nathan |
5 – Senior Officer of Issuer |
51 – Exercise of options |
01-09-25 |
5,000 |
$9.49 |
$47,450.00 |
Czember, Derick Nathan |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-09-25 |
-5,000 |
$17.35 |
-$86,750.00 |
|
BlackBerry Limited (formerly Research In Motion Limited) —–Sell Quantity: -48,564 Average cost: $5.76 Total: -$279,534.38 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Dickman, Marjorie Jill |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
01-06-25 |
15,388 |
$0.00 |
$0.00 |
Dickman, Marjorie Jill |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-06-25 |
-5,737 |
$5.76 |
-$33,022.17 |
Eriksson, Mattias |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
01-06-25 |
37,879 |
$0.00 |
$0.00 |
Eriksson, Mattias |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-06-25 |
-12,680 |
$5.76 |
-$72,986.08 |
Foote, Tim |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
01-06-25 |
2,367 |
$0.00 |
$0.00 |
Foote, Tim |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-06-25 |
-745 |
$5.76 |
-$4,288.22 |
Giamatteo, John Joseph |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
01-06-25 |
71,023 |
$0.00 |
$0.00 |
Giamatteo, John Joseph |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-06-25 |
-29,402 |
$5.76 |
-$169,237.91 |
|
EQB Inc —–Sell Quantity: -2,500 Average cost: $104.56 Total: -$261,400.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Moor, Andrew |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
01-06-25 |
-2,500 |
$104.56 |
-$261,400.00 |
What is Insider Trading?
How Insider Trading works.
By Pepper Parr
August 5, 2015
BURLINGTON, ON
This article was published ten years ago. The focus was on density and traffic congestion. Has any progress been made?
What would Burlington look like with 100 Strata’s built around the city?
This is what the Strata looks like. Councillor John Taylor thinks the city is going to need 100 of these in the next 25 years to meet the intensification target set by the province.
What’s a Strata? That’s the condominium the Molinaro gropup built on Maple Avenue.
That was the potential ward 3 city Councillor John Taylor tossed on the table during a city council Committee of the whole recently.
John Taylor, Councillor for ward 3 and the Dean of Burlington’s city council
Taylor puts the city’s current population at 175,000 people – the signs as you enter the city say 176,000.
The Growing in Place program – that is a provincial government directive, calls for Burlington to have a population of 195,000 by 2031
That number is thought to rise to 210,000 by 2041. The projection for 2041 number is something that is still being worked out by the Region and the four municipalities in Halton.
We can quibble all we want but the bald fact is that between now and 2041 the city is expected to add 35,000 people to the population total.
And because there is no development north of the Hwy 5 – 407 line – all those people have to be tucked in south of that line.
Taylor says his math works like this.
Continue reading Where do we put 35,000 people in the next 25 years? And what will the city have in place in the way of roads and transit to move these people around?
By James Portside
December 31st, 2024
BURLINGTON, ON
This information is not professional investment advice. Investors are advised to do their own research into individual stocks before making an investment decision.
The five stocks with the largest dollar value of insider acquisitions in the public market are:
|
Rogers Communications Inc —–Buy Quantity: 20,000 Average cost: $43.67 Total: $873,396.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Gemmell, Robert |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-27-24 |
20,000 |
$43.67 |
$873,396.00 |
|
Nutrien Ltd —–Buy Quantity: 10,490 Average cost: $64.04 Total: $671,779.60 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Seitz, Kenneth Alvin |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-24-24 |
10,490 |
$64.04 |
$671,779.60 |
|
George Weston Limited —–Buy Quantity: 1,200 Average cost: $227.50 Total: $273,000.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Dalglish, Camilla H. |
6 – Director or Senior Officer of 10% Security Holder |
10 – Acquisition or disposition in the public market |
12-24-24 |
1,200 |
$227.50 |
$273,000.00 |
|
Morguard Real Estate Investment Trust —–Buy Quantity: 47,800 Average cost: $5.40 Total: $258,120.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Armoyan, Sime |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
12-27-24 |
200 |
$5.40 |
$1,080.00 |
Armoyan, Sime |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
12-24-24 |
47,600 |
$5.40 |
$257,040.00 |
|
Ero Copper Corp —–Buy Quantity: 10,000 Average cost: $19.46 Total: $194,616.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Gosselin, Chantal |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-27-24 |
10,000 |
$19.46 |
$194,616.00 |
The five stocks with the largest dollar value of insider dispositions in the public market are:
|
National Bank of Canada —–Sell Quantity: -16,741 Average cost: $132.70 Total: -$2,221,566.32 Options Issued: 42,888 Average cost: $47.93 Total: $2,055,621.84 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Ferreira, Laurent |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
51 – Exercise of options |
12-24-24 |
21,956 |
$47.93 |
$1,052,351.08 |
Gingras, Marie-Chantal |
2 – Subsidiary of Issuer |
51 – Exercise of options |
12-24-24 |
9,880 |
$47.93 |
$473,548.40 |
Gingras, Marie-Chantal |
2 – Subsidiary of Issuer |
10 – Acquisition or disposition in the public market |
12-24-24 |
-9,880 |
$132.80 |
-$1,312,053.10 |
Hébert, Brigitte |
5 – Senior Officer of Issuer |
51 – Exercise of options |
12-24-24 |
11,052 |
$47.93 |
$529,722.36 |
Hébert, Brigitte |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-24-24 |
-6,861 |
$132.56 |
-$909,513.22 |
|
LIONS GATE ENTERTAINMENT CORP —–Sell Quantity: -100,000 Average cost: $10.38 Total: -$1,037,952.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Feltheimer, Jon Henry |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-26-24 |
-100,000 |
$10.38 |
-$1,037,952.00 |
|
Propel Holdings Inc —–Sell Quantity: -18,800 Average cost: $37.40 Total: -$703,120.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Buchman, Noah |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-24-24 |
-18,800 |
$37.40 |
-$703,120.00 |
|
TC Energy Corporation —–Sell Quantity: -5,000 Average cost: $66.50 Total: -$332,500.00 Options Issued: 5,000 Average cost: $53.97 Total: $269,850.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Masud, Jawad |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
51 – Exercise of options |
12-24-24 |
5,000 |
$53.97 |
$269,850.00 |
Masud, Jawad |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
10 – Acquisition or disposition in the public market |
12-24-24 |
-5,000 |
$66.50 |
-$332,500.00 |
|
STEP Energy Services Ltd —–Sell Quantity: -26,501 Average cost: $4.21 Total: -$111,646.20 Options Issued: 18,001 Average cost: $0.53 Total: $9,523.51 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Kane, Joshua Maxwell |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-24-24 |
-8,500 |
$4.24 |
-$36,042.00 |
McFarlane, Bradley James |
5 – Senior Officer of Issuer |
51 – Exercise of options |
12-24-24 |
18,001 |
$0.53 |
$9,523.51 |
McFarlane, Bradley James |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-24-24 |
-18,001 |
$4.20 |
-$75,604.20 |
What is Insider Trading?
How Insider Trading works.
By Pepper Parr
December 26th, 2024
BURLINGTON, ON
Let us not rush back into the real world quite yet.
Christmas was festive, fun, and family – the day after has become a holiday with a quaint tradition that is celebrated in the Commonwealth countries that reflects the class tradition of the times.
The first mention of Boxing Day as a tradition is believed to be in 1830. It was the day that the Upper classes gave a “box” to people like post-men, errand-boys, and servants of various kinds.
It was a present, a gratuity given at Christmas to people who had provided a service. In Great Britain the custom for tradesmen to collect “Christmas boxes” of money or presents on the first weekday after Christmas as thanks for good service throughout the year. The tradition goes back as far as December 1663.
It was a different time, a different era when class differences defined everything. The Boxing Day tradition came out of that era.
The tradition was linked to an older British tradition – servants of the wealthy were allowed the next day to visit their families. The employers would give each servant a box to take home containing gifts, bonuses, and sometimes leftover food.
In South Africa as recently as the 1980s, milkmen and garbage collectors, who normally had little if any interaction with those they served, were accustomed to knock on their doors asking for a “Christmas box”, being a small cash donation, in the week or so before and after Christmas.
The European tradition, which has long included giving money and other gifts to those who were needy and in service positions, has been dated to the Middle Ages, but the exact origin is unknown. It is believed to be in reference to the Alms Box placed in areas of worship to collect donations to the poor.
Boxing Day became a secular holiday that is traditionally celebrated on 26 December, the day after Christmas Day. 26 December is also St. Stephen’s Day, a religious holiday.
In the UK, Boxing Day is a bank holiday
In Scotland, Boxing Day has been specified as an additional bank holiday since 1974In Ireland – when the island as a whole was part of the United Kingdom – the Bank Holidays Act 1871 established the feast day of St. Stephen as a non-movable public holiday on 26 December. Following partition in 1920, Northern Ireland reverted to the British name, Boxing Day.
In Australia, Boxing Day is a federal public holiday. The Australian state of South Australia instead observes a public holiday known as Proclamation Day on the first weekday after Christmas Day or the Christmas Day holiday.
In New Zealand, Boxing Day is a statutory holiday; penalty rates and lieu time are provided to employees who work on Boxing Day.
In Canada, Boxing Day is a federal statutory holiday. Government offices, banks and post offices/delivery are closed. In some Canadian provinces, Boxing Day is a statutory holiday that is always celebrated on 26 December. In Canadian provinces where Boxing Day was a statutory holiday, and it falls on a Saturday or Sunday, compensation days are given in the following week.
In the United States, 26 December is not observed as “Boxing Day”.
The tradition has become a massive sales push that has people lining up outside large chain store operations as early as 5 am waiting for huge discounts, usually on electronic items that are positioned as loss leaders to attract customers.
Boxing day at the Eaton Centre – packed.
The CTV television network reports that in 2010 Boxing Day sales totaled $1.8 billion. The tradition has become a shopping holiday that has become Boxing Week
Many retailers open very early (typically 5 am or even earlier) and offer door buster deals and loss leaders to draw people to their stores. It is not uncommon for long queues to form early in the morning of 26 December, hours before the opening of shops holding the big sales, especially at big-box consumer electronics retailers.
In recent years, retailers have expanded deals to “Boxing Week”. While Boxing Day is 26 December, many retailers will run the sales for several days before or after 26 December, often up to New Year’s Eve. Notably, in the recession of late 2008, a record number of retailers were holding early promotions due to a weak economy. Canada’s Boxing Day has often been compared with the American Super Saturday (the Saturday before Christmas) and Black Friday.
From 2009 onward Black Friday deals become more prominent among Canadian retailers to discourage shoppers from crossing the border to the USA when the Canadian and USA dollars was close to parity, and this has lessened the appeal of Boxing Day in Canada somewhat as it was overtaken by Black Friday in terms of sales in 2013.
Boxing Day is not and has never been a shopping holiday in the USA.
In some parts of Canada, particularly in Atlantic Canada and parts of Northern Ontario, most retailers are prohibited from opening on Boxing Day, either by provincial law or by municipal bylaw, or instead by informal agreement among major retailers to provide a day of relaxation following Christmas Day.
A tradition that came out of a social class based society has evolved into a week-long shopping spree.
It isn’t just about shopping; sports events have become major Boxing Day events.
Major European leagues may enjoy a winter break when players can put their feet up over the festive period. But it’s all go in the Premier and Football Leagues. And that means plenty of action for armchair soccer fans.
In the United Kingdom, it is traditional for both top-tier football leagues in England, Scotland and Northern Ireland, and the lower ones, as well as the rugby leagues, to hold a full programme of football and rugby union matches on Boxing Day.
Originally, matches on Boxing Day were played against local rivals to avoid teams and their fans having to travel a long distance to an away game on the day after Christmas Day.
This is probably much more than you wanted to know about the holiday we celebrate today.
By James Portside
December 23, 2024
BURLINGTON, ON
This information is not professional investment advice. Investors are advised to do their own research into individual stocks before making an investment decision.
The five stocks with the largest dollar value of insider acquisitions in the public market are:
|
NorthWest Healthcare Properties Real Estate Investment Trust —–Buy Quantity: 600,000 Average cost: $4.54 Total: $2,721,470.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Julien, Robert Leon |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-19-24 |
300,000 |
$4.49 |
$1,346,000.00 |
Julien, Robert Leon |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-18-24 |
300,000 |
$4.58 |
$1,375,470.00 |
|
Extendicare Inc —–Buy Quantity: 169,400 Average cost: $10.09 Total: $1,709,380.32 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Manji, Salim |
6 – Director or Senior Officer of 10% Security Holder |
10 – Acquisition or disposition in the public market |
12-19-24 |
25,000 |
$10.07 |
$251,835.00 |
Manji, Samir Aziz |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-19-24 |
25,000 |
$10.07 |
$251,835.00 |
Manji, Salim |
6 – Director or Senior Officer of 10% Security Holder |
10 – Acquisition or disposition in the public market |
12-18-24 |
27,800 |
$10.10 |
$280,780.00 |
Manji, Samir Aziz |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-18-24 |
27,800 |
$10.10 |
$280,780.00 |
Manji, Salim |
6 – Director or Senior Officer of 10% Security Holder |
10 – Acquisition or disposition in the public market |
12-17-24 |
31,900 |
$10.10 |
$322,075.16 |
Manji, Samir Aziz |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-17-24 |
31,900 |
$10.10 |
$322,075.16 |
|
First National Financial Corporation —–Buy Quantity: 33,388 Average cost: $40.47 Total: $1,351,332.27 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
FNSC Holdings Inc. |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
12-18-24 |
16,694 |
$40.47 |
$675,666.14 |
Smith, Stephen |
4 – Director of Issuer, 7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
10 – Acquisition or disposition in the public market |
12-18-24 |
16,694 |
$40.47 |
$675,666.14 |
Smith, Stephen |
4 – Director of Issuer, 7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
47 – Acquisition or disposition by gift |
12-18-24 |
-16,694 |
$40.46 |
-$675,439.24 |
|
Cardinal Energy Ltd —–Buy Quantity: 75,000 Average cost: $6.09 Total: $457,010.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Brussa, John Albert |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-20-24 |
65,000 |
$6.09 |
$395,850.00 |
Ratushny, M. Scott |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-20-24 |
10,000 |
$6.12 |
$61,160.00 |
|
George Weston Limited —–Buy Quantity: 2,000 Average cost: $226.50 Total: $453,000.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Dalglish, Camilla H. |
6 – Director or Senior Officer of 10% Security Holder |
10 – Acquisition or disposition in the public market |
12-19-24 |
2,000 |
$226.50 |
$453,000.00 |
George Weston Limited |
1 – Issuer |
38 – Redemption, retraction, cancellation, repurchase |
12-19-24 |
18,648 |
$227.53 |
$4,242,926.02 |
Weston, Willard Galen Garfield |
3 – 10% Security Holder of Issuer, 4 – Director of Issuer, 5 – Senior Officer of Issuer |
38 – Redemption, retraction, cancellation, repurchase |
12-19-24 |
-5,475 |
$227.04 |
-$1,243,044.00 |
George Weston Limited |
1 – Issuer |
38 – Redemption, retraction, cancellation, repurchase |
12-18-24 |
18,627 |
$227.79 |
$4,243,011.34 |
Weston, Willard Galen Garfield |
3 – 10% Security Holder of Issuer, 4 – Director of Issuer, 5 – Senior Officer of Issuer |
38 – Redemption, retraction, cancellation, repurchase |
12-18-24 |
-5,469 |
$227.31 |
-$1,243,158.39 |
George Weston Limited |
1 – Issuer |
38 – Redemption, retraction, cancellation, repurchase |
12-17-24 |
18,349 |
$230.65 |
$4,232,173.01 |
Weston, Willard Galen Garfield |
3 – 10% Security Holder of Issuer, 4 – Director of Issuer, 5 – Senior Officer of Issuer |
38 – Redemption, retraction, cancellation, repurchase |
12-17-24 |
-5,387 |
$228.75 |
-$1,232,276.25 |
The five stocks with the largest dollar value of insider dispositions in the public market are:
|
Mandalay Resources Corporation —–Sell Quantity: -400,000 Average cost: $4.30 Total: -$1,720,000.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Mills, Bradford |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-19-24 |
-400,000 |
$4.30 |
-$1,720,000.00 |
|
BCE Inc —–Sell Quantity: -28,516 Average cost: $33.75 Total: -$962,415.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Rovinescu, Calin |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-17-24 |
-28,516 |
$33.75 |
-$962,415.00 |
|
Commander Resources Ltd —–Sell Quantity: -7,155,000 Average cost: $0.10 Total: -$715,500.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Fruchtexpress Grabher GmbH & Co KG |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
12-19-24 |
-7,155,000 |
$0.10 |
-$715,500.00 |
|
Telesat Corporation —–Sell Quantity: -23,200 Average cost: $25.50 Total: -$591,602.40 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Beck, Michèle Carolyn |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-18-24 |
-1,000 |
$26.06 |
-$26,060.00 |
Flaherty, John |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-17-24 |
-10,200 |
$25.02 |
-$255,160.14 |
Flaherty, John |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-20-24 |
-12,000 |
$25.87 |
-$310,382.26 |
|
The Real Brokerage Inc —–Sell Quantity: -48,210 Average cost: $6.78 Total: -$327,056.77 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Gamzu, Guy |
3 – 10% Security Holder of Issuer, 4 – Director of Issuer, 6 – Director or Senior Officer of 10% Security Holder |
10 – Acquisition or disposition in the public market |
12-18-24 |
-48,210 |
$6.78 |
-$327,056.77 |
What is Insider Trading?
How Insider Trading works.
By Louise Opticonner
December 21st, 2024
BURLINGTON, ON
Gaming has always been a massive part of people’s lives. From Atari to the Gameboy, people have always had a love for gaming. However in recent times, the focus towards gaming has slightly shifted, with players now more focused on accessibility and being able to play wherever they like at any time.
Play anywhere any time.
With more and more people getting access to smartphones, this has also opened up numerous options for players, with them being able to play their favourite puzzles apps or log into their online casino to play a few slot games without the need to be home, giving them much more flexibility around their day.
With more and more games being developed for smartphones, it’s no surprise the industry is shifting more towards it, however just what are the exact reasons why this part of the industry is thriving and continues to grow?
In this article we’ll be taking a look into just that; to see why mobile gaming continues to grow year on year.
It is accessible
With each passing year, more and more people start to gain access to a smartphone, with the majority of the population now owning one. This means everyone with a smartphone has access to play mobile games, something even ten years ago wouldn’ have been possible.
With more players than ever, this gives developers more scope to bring out games as there are more people out there to play them. The more people that play them, the more money that goes back to the developers to not only improve the game but also bring out new games.
Giving your skills a workout.
For example, waiting for players in a casino room would be much quicker as there are more players online and waiting to join, as such making your experience quicker.
Free to play
With the amount of mobile games out there now, there is a huge library of both free and paid games people can play. Because of this, developers are constantly improving their games to try to get new players in, often offering them great new player bonuses for joining.
In recent years, we’ve seen a vast increase in free to play games, where there is no up front cost to play, however you’re required to put more time and effort to achieve your goals in game. There are also options to spend money in game via such things as power ups or to speed up waiting times.
A great example of this would be Clash of Clans which is one of the top games on the app store despite being released years ago. The game is originally free to play, however after you get to a certain point, building and repairing your base will take a significant time to complete. You can purchase gems to speed this up, however these do cost real money. This is however a choice, and you do have the option to go completely free to play, it just takes a little longer!
High profile games
All kinds of games to entertain yourself
As technology increased, new more demanding games have been released onto mobiles. Many games such as Call of Duty or Genshin impact have both been released onto mobile whilst having PC and console ports. These games are either one for one or slight variations of the console game, but hold mostly the same game elements. For example, Call of Duty Mobile has lots of classic maps from previous Call of Duty console games, but the graphics have just been toned down so it can be supported on mobile.
Technology improvements
As the technology in smartphones continues to increase, so does the quality of the games. It wasn’t that long ago that pong was considered revolutionary to have on a handheld device, and the first more complex games such as Angry Birds, really started the movement to smartphone gaming over console.
Obviously there is still a way to go as consoles will always be more powerful than mobiles, however with each passing year, the gap does get smaller and smaller. And with each new game that gets ported to mobile, it does further ask the question, do you really need a console or will a mobile do everything you need for gaming?
In recent years mobile gaming has gone to a new level, new AAA games being released, better and better quality graphics bridging the gap between console and mobile, it does make you think if consoles are all that.
You get the flexibility of being able to play anywhere anytime with your mobile, whilst with a console you’re stuck to one location. With more people every year getting access to a smartphone, the mobile gaming community is only going to grow bigger over time.
What’s your favourite mobile game to play, and do you prefer to play mobile over a console?
James Portside
December 18th, 2024
BURLINGTON, ON
This information is not professional investment advice. Investors are advised to do their own research into individual stocks before making an investment decision.
The five stocks with the largest dollar value of insider acquisitions in the public market are:
|
Tamarack Valley Energy Ltd —–Buy Quantity: 50,462 Average cost: $35,824.30 Total: $1,807,765,717.44 Options Issued: 32,294 Average cost: $0.00 Total: $0.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Rooney, John |
4 – Director of Issuer |
51 – Exercise of options |
12-17-24 |
32,294 |
$0.00 |
$0.00 |
Smith, Marnie |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-13-24 |
20,397 |
$44,313.45 |
$903,861,492.44 |
Spitzer, Robert |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-12-24 |
30,065 |
$30,065.00 |
$903,904,225.00 |
|
Linamar Corporation —–Buy Quantity: 50,000 Average cost: $60.01 Total: $3,000,500.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
HASENFRATZ, LINDA |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
50,000 |
$60.01 |
$3,000,500.00 |
Merchant, Christopher John |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-16-24 |
-414 |
$61.91 |
-$25,630.74 |
|
South Bow Corporation —–Buy Quantity: 11,000 Average cost: $33.22 Total: $365,387.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Dafoe, P. Van R. |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
6,000 |
$33.34 |
$200,037.00 |
Kvisle, Harold N. |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
5,000 |
$33.07 |
$165,350.00 |
|
Superior Plus Corp —–Buy Quantity: 30,000 Average cost: $6.22 Total: $186,685.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Hribar, Darren Bart |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
5,000 |
$6.21 |
$31,050.00 |
Smith, David Paul |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
25,000 |
$6.23 |
$155,635.00 |
|
Tourmaline Oil Corp —–Buy Quantity: 2,500 Average cost: $60.75 Total: $151,870.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Rose, Mike |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-17-24 |
2,500 |
$60.75 |
$151,870.00 |
The five stocks with the largest dollar value of insider dispositions in the public market are:
|
Canadian Imperial Bank of Commerce —–Sell Quantity: -45,866 Average cost: $93.66 Total: -$4,295,942.57 Options Issued: 45,866 Average cost: $63.34 Total: $2,904,982.44 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
SHARMAN, SANDY |
5 – Senior Officer of Issuer |
51 – Exercise of options |
12-13-24 |
45,866 |
$63.34 |
$2,904,982.44 |
SHARMAN, SANDY |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-13-24 |
-45,866 |
$93.66 |
-$4,295,942.57 |
|
Restaurant Brands International Inc —–Sell Quantity: -36,481 Average cost: $96.90 Total: -$3,535,164.40 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Curtis, Thomas Benjamin, IV |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-15-24 |
0 |
$0.00 |
$0.00 |
Curtis, Thomas Benjamin, IV |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
-11,120 |
$96.93 |
-$1,077,869.16 |
Domanko, Jonathan |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
57 – Exercise of rights |
12-15-24 |
0 |
$0.00 |
$0.00 |
Domanko, Jonathan |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
10 – Acquisition or disposition in the public market |
12-16-24 |
-514 |
$96.67 |
-$49,688.38 |
Friesner, Jacqueline |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-15-24 |
0 |
$0.00 |
$0.00 |
Friesner, Jacqueline |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
-1,388 |
$96.93 |
-$134,539.78 |
Fulton, Duncan Stanley Allpress |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-15-24 |
0 |
$0.00 |
$0.00 |
Fulton, Duncan Stanley Allpress |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
-2,574 |
$96.67 |
-$248,828.58 |
Granat, Jill |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-15-24 |
0 |
$0.00 |
$0.00 |
Granat, Jill |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
-2,959 |
$96.93 |
-$286,817.88 |
Housman, Jeffrey |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-15-24 |
0 |
$0.00 |
$0.00 |
Housman, Jeffrey |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
-1,972 |
$96.93 |
-$191,147.30 |
Keusch, Michele |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
57 – Exercise of rights |
12-15-24 |
0 |
$0.00 |
$0.00 |
Keusch, Michele |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
10 – Acquisition or disposition in the public market |
12-16-24 |
-484 |
$96.93 |
-$46,914.45 |
Klein, Jeffrey Wayne |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-15-24 |
0 |
$0.00 |
$0.00 |
Klein, Jeffrey Wayne |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
-888 |
$96.93 |
-$86,074.44 |
Kobza, Joshua |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-15-24 |
0 |
$0.00 |
$0.00 |
Kobza, Joshua |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
-5,762 |
$96.93 |
-$558,514.58 |
Saeed, Naira |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
57 – Exercise of rights |
12-15-24 |
0 |
$0.00 |
$0.00 |
Saeed, Naira |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
10 – Acquisition or disposition in the public market |
12-16-24 |
-609 |
$96.67 |
-$58,872.03 |
Schwan, Axel |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-15-24 |
0 |
$0.00 |
$0.00 |
Schwan, Axel |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
-4,049 |
$96.93 |
-$392,472.32 |
Siddiqui, Sami |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-15-24 |
0 |
$0.00 |
$0.00 |
Siddiqui, Sami |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
-2,326 |
$96.93 |
-$225,460.76 |
Temer Santelmo, Thiago |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-15-24 |
0 |
$0.00 |
$0.00 |
Temer Santelmo, Thiago |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
-1,284 |
$96.93 |
-$124,458.99 |
Tome, Vicente |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
57 – Exercise of rights |
12-15-24 |
0 |
$0.00 |
$0.00 |
Tome, Vicente |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
10 – Acquisition or disposition in the public market |
12-16-24 |
-552 |
$96.93 |
-$53,505.74 |
|
Bank of Nova Scotia, The —–Sell Quantity: -11,678 Average cost: $78.31 Total: -$914,520.90 Options Issued: 11,678 Average cost: $68.35 Total: $798,154.40 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Weeks, Martin |
5 – Senior Officer of Issuer |
51 – Exercise of options |
12-17-24 |
3,842 |
$68.32 |
$262,485.44 |
Weeks, Martin |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-17-24 |
-3,842 |
$78.09 |
-$300,021.78 |
Walsh, Julie |
5 – Senior Officer of Issuer |
51 – Exercise of options |
12-17-24 |
7,836 |
$68.36 |
$535,668.96 |
Walsh, Julie |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-17-24 |
-7,836 |
$78.42 |
-$614,499.12 |
|
The Descartes Systems Group Inc —–Sell Quantity: -5,260 Average cost: $171.60 Total: -$902,616.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Brett, Allan |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-17-24 |
-5,260 |
$171.60 |
-$902,616.00 |
|
SPARQ Systems Inc. (formerly, SPARQ Corp.) —–Sell Quantity: -1,000,000 Average cost: $0.70 Total: -$700,000.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
BARONSON TRUST |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
12-16-24 |
-1,000,000 |
$0.70 |
-$700,000.00 |
What is Insider Trading?
How Insider Trading works.
By James Porthouse
December 13th, 2024
BURLINGTON, ON
This information is not professional investment advice. Investors are advised to do their own research into individual stocks before making an investment decision.
The five stocks with the largest dollar value of insider acquisitions in the public market are:
|
Relevant Gold Corp —–Buy Quantity: 6,105,500 Average cost: $0.23 Total: $1,404,265.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Bollinger, William Guest |
3 – 10% Security Holder of Issuer |
00 – Opening Balance-Initial SEDI Report |
12-11-24 |
0 |
$0.00 |
$0.00 |
Bollinger, William Guest |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
12-11-24 |
6,105,500 |
$0.23 |
$1,404,265.00 |
|
TELUS Corporation —–Buy Quantity: 30,000 Average cost: $22.03 Total: $660,764.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Parent, Marc |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-10-24 |
30,000 |
$22.03 |
$660,764.00 |
|
Imperial Oil Limited —–Buy Quantity: 4,800 Average cost: $97.36 Total: $467,318.67 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Corson, Bradley William |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-12-24 |
4,800 |
$97.36 |
$467,318.67 |
Exxon Mobil Corporation |
3 – 10% Security Holder of Issuer |
38 – Redemption, retraction, cancellation, repurchase |
12-11-24 |
-175,315 |
$104.02 |
-$18,236,266.30 |
Exxon Mobil Corporation |
3 – 10% Security Holder of Issuer |
38 – Redemption, retraction, cancellation, repurchase |
12-10-24 |
-175,316 |
$103.09 |
-$18,073,326.44 |
Exxon Mobil Corporation |
3 – 10% Security Holder of Issuer |
38 – Redemption, retraction, cancellation, repurchase |
12-09-24 |
-175,316 |
$102.48 |
-$17,966,383.68 |
|
BTQ Technologies Corp —–Buy Quantity: 132,000 Average cost: $2.96 Total: $391,120.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Roussy Newton, Olivier Francois |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-12-24 |
132,000 |
$2.96 |
$391,120.00 |
|
PTX Metals Inc —–Buy Quantity: 1,857,143 Average cost: $0.14 Total: $260,000.02 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Marques, Frederico |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-10-24 |
1,857,143 |
$0.14 |
$260,000.02 |
The five stocks with the largest dollar value of insider dispositions in the public market are:
|
Canadian Imperial Bank of Commerce —–Sell Quantity: -404,850 Average cost: $94.42 Total: -$38,224,134.98 Options Issued: 404,742 Average cost: $55.79 Total: $22,579,993.89 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Culham, Harry Kenneth |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
51 – Exercise of options |
12-10-24 |
108,800 |
$55.75 |
$6,065,600.00 |
Culham, Harry Kenneth |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
10 – Acquisition or disposition in the public market |
12-10-24 |
-108,800 |
$94.20 |
-$10,248,709.76 |
Culham, Harry Kenneth |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
51 – Exercise of options |
12-11-24 |
87,042 |
$55.31 |
$4,814,578.27 |
Culham, Harry Kenneth |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
10 – Acquisition or disposition in the public market |
12-11-24 |
-87,042 |
$94.97 |
-$8,266,782.20 |
Dodig, Victor George |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
51 – Exercise of options |
12-10-24 |
150,000 |
$55.85 |
$8,377,500.00 |
Dodig, Victor George |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-10-24 |
-150,000 |
$94.22 |
-$14,132,865.00 |
Dodig, Victor George |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
51 – Exercise of options |
12-11-24 |
22,750 |
$55.85 |
$1,270,587.50 |
Dodig, Victor George |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-11-24 |
-22,750 |
$94.87 |
-$2,158,383.50 |
Guse, Frank |
5 – Senior Officer of Issuer |
51 – Exercise of options |
12-09-24 |
15,498 |
$58.57 |
$907,710.58 |
Guse, Frank |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-09-24 |
-15,498 |
$93.30 |
-$1,446,033.37 |
Sedran, Robert |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-09-24 |
-108 |
$93.83 |
-$10,133.64 |
Sedran, Robert |
5 – Senior Officer of Issuer |
51 – Exercise of options |
12-12-24 |
20,652 |
$55.40 |
$1,144,017.54 |
Sedran, Robert |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-12-24 |
-20,652 |
$94.97 |
-$1,961,227.51 |
|
TC Energy Corporation —–Sell Quantity: -267,435 Average cost: $66.51 Total: -$17,785,898.39 Options Issued: 267,435 Average cost: $53.93 Total: $14,421,662.71 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Chapman III, Stanley G. |
5 – Senior Officer of Issuer |
51 – Exercise of options |
12-12-24 |
267,435 |
$53.93 |
$14,421,662.71 |
Chapman III, Stanley G. |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-12-24 |
-267,435 |
$66.51 |
-$17,785,898.39 |
|
Sol Strategies Inc. (formerly, Cypherpunk Holdings Inc.) —–Sell Quantity: -3,000,000 Average cost: $2.39 Total: -$7,172,861.40 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Guoga, Antanas (Tony) |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-10-24 |
-1,263,000 |
$2.28 |
-$2,876,694.61 |
Guoga, Antanas (Tony) |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-11-24 |
-787,300 |
$2.55 |
-$2,005,876.70 |
Guoga, Antanas (Tony) |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-12-24 |
-949,700 |
$2.41 |
-$2,290,290.09 |
|
SilverCrest Metals Inc —–Sell Quantity: -126,331 Average cost: $15.99 Total: -$2,019,475.24 Options Issued: 43,666 Average cost: $10.09 Total: $440,450.14 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Beaudoin, Pierre |
4 – Director of Issuer |
51 – Exercise of options |
12-09-24 |
43,666 |
$10.09 |
$440,450.14 |
Beaudoin, Pierre |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-09-24 |
-35,331 |
$16.10 |
-$568,875.24 |
Fier, Nathan Eric |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-09-24 |
-75,000 |
$15.96 |
-$1,197,000.00 |
Fier, Nathan Eric |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-10-24 |
-16,000 |
$15.85 |
-$253,600.00 |
|
TransAlta Corporation —–Sell Quantity: -28,338 Average cost: $18.82 Total: -$533,393.20 Options Issued: 28,338 Average cost: $12.59 Total: $356,701.16 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Fedoretz, Jane Nyla |
5 – Senior Officer of Issuer |
51 – Exercise of options |
12-11-24 |
28,338 |
$12.59 |
$356,701.16 |
Fedoretz, Jane Nyla |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-11-24 |
-28,338 |
$18.82 |
-$533,393.20 |
What is Insider Trading?
How Insider Trading works.
By Pepper Parr
December 9th, 2024
BURLINGTON, ON
Few would describe Burlington as a significant part of the marine industry – most would see that as part of what Hamilton is.
There are two organizations in Burlington that are major players in the marine industry – they work together. One makes things that sea going ships use and the other owns ships that ply the Great Lakes.
Thordon Bearings staff with the products they manufacture.
Thordon Bearings has delivered COMPAC water-lubricated propeller shaft and SXL rudder bearings to replace oil- and grease- lubricated bearings onboard McKeil Marine’s bulk carrier Northern Venture as part of a major refurbishment project.
Established in 1956, Canada-based McKeil Marine provides marine transportation along the St. Lawrence Seaway, the East Coast, and Canadian Arctic with its diversified fleet of tugs, barges, workboats and vessels, including bunkers, cement carriers, and tankers.
The shipowner acquired the 155m (508.5ft), 19,651dwt Northern Venture in 2022. The self-discharging River Class vessel has a forward mounted discharge boom and a single point loading system which allows all four holds to be loaded via shuttle conveyors from a single deck-mounted hopper.
The Northern Venture, part of the McKeil Marine fleet of ships.
The conversion to water-lubricated propeller shaft and grease-free rudder bearings was made to ensure the vessel does not discharge oil or grease into the Great Lakes, said Andy Vary, Director of Technical Operations at McKeil Marine. “It’s part of our continuous commitment to our people, our customers and the communities in which we operate.”
The retrofit included COMPAC bearings for the vessel’s 409mm (16.1in) diameter propeller shaft along Thordon’s Water Quality Package to ensure a clean water supply to the bearings. Thordon grease-free SXL rudder bearings were also supplied for the bulker. This installation was undertaken in summer 2023 at COSCO’s Nantong Shipyard in China, with the vessel operational on the Great Lakes in December 2023.
The world’s first Thordon water-lubricated propeller shaft bearing was installed on a Great Lakes tug owned by McKeil Marine in the late 1970s.
McKeil Marine is a returning customer for Thordon Bearings. The world’s first Thordon water-lubricated propeller shaft bearing was installed on a Great Lakes tug owned by McKeil Marine in the late 1970s.
Following this conversion, many other Great Lakes operating vessels converted to Thordon, helping to raise the profile of the Burlington, Ontario-headquartered company across the global shipping industry.
Thordon’s COMPAC propeller shaft bearing is constructed from a cross-linked polymer alloy that offers a low breakaway friction resulting in quiet and smooth operation. The material’s abrasive resistance is much greater than traditional laminated materials. The visco-elastic nature of the material also improves the hydrodynamic performance of the bearing leading to longer wear life, and as the material is homogenous, it provides consistent low wear and friction properties.
To promote early formation of a hydrodynamic film between the propeller shaft and bearing, the lower (loaded) portion of the bearing is smooth, while the upper half of the bearing incorporates grooves to allow water lubricant/coolant to flow. A key benefit of the water-lubricated propeller shaft system is that it negates the need for a damage-prone aft seal.
José Duarte, Marine Business Development Manager – North America, Thordon Bearings, said: “As an added environmental benefit, Thordon’s COMPAC system has been shown to lead to fuel savings and reduced emissions. Compared to oil-lubricated bearings, at rated shaft speeds viscous friction is lower with water.”
The Thordon Water Quality Package is designed to supply sea or lake water to the propeller shaft bearings for lubrication and cooling and to condition the water by removing suspended solids.
Thordon’s SXL rudder bearings operate without grease above and below the waterline, offer high abrasion resistance and can also withstand high shock loads, improving the wear life of the bearing.
Thordon has been actively supporting shipowners such as McKeil Marine, Algoma Central, American Steamship, CSL, Lower Lakes Towing and Interlake Steamship for over three decades. More than 120 vessels sailing the Great Lakes have Thordon’s water-lubricated components.
Related news story:
Thordon celebrates
By James Porthouse
December 6th, 2024
BURLINGTON, ON
This information is not professional investment advice. Investors are advised to do their own research into individual stocks before making an investment decision.
The five stocks with the largest dollar value of insider acquisitions in the public market are:
|
Ascend Wellness Holdings, Inc —–Buy Quantity: 1,298,612 Average cost: $0.60 Total: $774,294.13 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Francis, Julie |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-03-24 |
1,040,612 |
$0.60 |
$629,530.62 |
Francis, Julie |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
258,000 |
$0.56 |
$144,763.51 |
|
Magna Terra Minerals Inc —–Buy Quantity: 13,955,000 Average cost: $0.02 Total: $209,325.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Gentile, Michael |
3 – 10% Security Holder of Issuer |
00 – Opening Balance-Initial SEDI Report |
12-03-24 |
0 |
$0.00 |
$0.00 |
Gentile, Michael |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
12-03-24 |
13,955,000 |
$0.02 |
$209,325.00 |
|
AI/ML Innovations Inc —–Buy Quantity: 1,400,000 Average cost: $0.10 Total: $138,500.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
1313366 Ontario Inc. |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
700,000 |
$0.10 |
$69,250.00 |
Kopman, Jeff |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
700,000 |
$0.10 |
$69,250.00 |
|
Aimia Inc —–Buy Quantity: 50,000 Average cost: $2.65 Total: $132,500.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Summerton, Rhys Drennan |
8 – Deemed Insider – 6 Months before becoming Insider |
10 – Acquisition or disposition in the public market |
12-04-24 |
50,000 |
$2.65 |
$132,500.00 |
|
Kiwetinohk Energy Corp —–Buy Quantity: 4,000 Average cost: $15.68 Total: $62,700.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Hantzsch, Michael Alexander |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-04-24 |
4,000 |
$15.68 |
$62,700.00 |
The five stocks with the largest dollar value of insider dispositions in the public market are:
|
Power Corporation of Canada —–Sell Quantity: -175,000 Average cost: $47.22 Total: -$8,262,967.50 Options Issued: 225,000 Average cost: $30.03 Total: $6,756,750.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Orr, Robert Jeffrey |
4 – Director of Issuer, 7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6), 5 – Senior Officer of Issuer |
51 – Exercise of options |
12-02-24 |
125,000 |
$30.03 |
$3,753,750.00 |
Orr, Robert Jeffrey |
4 – Director of Issuer, 7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6), 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
-125,000 |
$47.23 |
-$5,903,142.50 |
Orr, Robert Jeffrey |
4 – Director of Issuer, 7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6), 5 – Senior Officer of Issuer |
51 – Exercise of options |
12-03-24 |
100,000 |
$30.03 |
$3,003,000.00 |
Orr, Robert Jeffrey |
4 – Director of Issuer, 7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6), 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-03-24 |
-50,000 |
$47.20 |
-$2,359,825.00 |
|
Computer Modelling Group Ltd —–Sell Quantity: -429,110 Average cost: $11.18 Total: -$4,796,489.77 Options Issued: 228,373 Average cost: $0.00 Total: $0.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Balic, Sandra |
5 – Senior Officer of Issuer |
51 – Exercise of options |
12-02-24 |
148,110 |
$0.00 |
$0.00 |
Balic, Sandra |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
-148,110 |
$11.11 |
-$1,645,724.27 |
Dedeluk, Kenneth Michael |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
-700 |
$11.55 |
-$8,085.00 |
Nghiem, Long X |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
-235,500 |
$11.21 |
-$2,639,248.50 |
Nghiem, Long X |
5 – Senior Officer of Issuer |
51 – Exercise of options |
12-02-24 |
80,263 |
$0.00 |
$0.00 |
Nghiem, Long X |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-03-24 |
-19,800 |
$11.09 |
-$219,582.00 |
Nghiem, Long X |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-04-24 |
-25,000 |
$11.35 |
-$283,850.00 |
|
Cameco Corporation —–Sell Quantity: -50,000 Average cost: $85.66 Total: -$4,283,000.00 Options Issued: 50,000 Average cost: $15.27 Total: $763,500.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Gitzel, Tim Scott |
5 – Senior Officer of Issuer |
51 – Exercise of options |
12-05-24 |
50,000 |
$15.27 |
$763,500.00 |
Gitzel, Tim Scott |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-05-24 |
-50,000 |
$85.66 |
-$4,283,000.00 |
|
Peyto Exploration & Development Corp —–Sell Quantity: -54,000 Average cost: $16.00 Total: -$864,000.00 Options Issued: 54,000 Average cost: $14.00 Total: $756,070.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Lachance, Jean-Paul Henri |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
51 – Exercise of options |
12-05-24 |
54,000 |
$14.00 |
$756,070.00 |
Lachance, Jean-Paul Henri |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-05-24 |
-54,000 |
$16.00 |
-$864,000.00 |
|
SilverCrest Metals Inc —–Sell Quantity: -50,720 Average cost: $14.79 Total: -$749,910.87 Options Issued: 60,000 Average cost: $10.87 Total: $652,200.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Beaudoin, Pierre |
4 – Director of Issuer |
51 – Exercise of options |
12-03-24 |
12,000 |
$10.87 |
$130,440.00 |
Beaudoin, Pierre |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-03-24 |
-10,648 |
$14.56 |
-$155,034.88 |
Beaudoin, Pierre |
4 – Director of Issuer |
51 – Exercise of options |
12-04-24 |
36,000 |
$10.87 |
$391,320.00 |
Beaudoin, Pierre |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-04-24 |
-31,045 |
$14.86 |
-$461,438.71 |
Beaudoin, Pierre |
4 – Director of Issuer |
51 – Exercise of options |
12-05-24 |
12,000 |
$10.87 |
$130,440.00 |
Beaudoin, Pierre |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-05-24 |
-9,027 |
$14.78 |
-$133,437.28 |
What is Insider Trading?
How Insider Trading works.
By Jeannie Løjstrup
December 5th, 2024
BURLINGTON, ON
Canadian players have long since converted real money online casinos into their favorite pastime. However, in order to get the most out of your gaming experience, you need to know key concepts such as Return to Player. RTP is a metric that can make or break your successes and experience in a game in a casino.
For instance, real money casino in Canada like SurfPlay offer Canadian players a safe and wide variety of gaming platforms to choose from, while maximum gaming options involving high RTPs are available. Testament to this is that these platforms are transparent and fair meaning players can play their favorite games without strain.
What Is RTP?
RTP (Return to player) is the yield that a game is predicted to return to the people over time. It’s a theoretical figure
In a casino, RTP (Return to player) is the yield that a game is predicted to return to the people over time. It’s a theoretical figure based on millions of spins or rounds, and it shows you roughly how much of your wagered money you’re going to win back.
Let’s say that one slot game has an RTP of 96%, this implies that it will pay back on average $96 for every $100 bet. Of the remaining percentage—4% in this case—the house edge is how much the casino profit margin is.
Why Is RTP Important for Canadian Players?
This allows Canadian players to understand RTP, and make use of it by making informed decisions about which games to play. Here’s why RTP matters:
The fun and excitement of winning
Informed Choices
The higher the RTP percentage of the game, the better the returns it will offer to players over time.
Managing Expectations
RTP predicts the real chances of getting the pay, offering players realistic expectations of how much they should win.
Fairness and Transparency
RTP values are displayed for the sake of fairness on reliable online casinos like SurfPlay in order to gain their players’ trust in Canada or wherever they may be playing.
Maximizing Value
Players who choose games with competitive RTPs play longer, and their bankrolls may last longer, there are some things that you should consider when choosing your games.
RTP in Popular Casino Games
There are different ranges of RTP for different casino games, depending on their rules and mechanics.
1. Slots
The RTP slots are from 90% to 98%. The high value games are games with RTPs higher than 96% for the player. Popular examples include:
2. Blackjack
Blackjack is a game you can play with more than 99% RTP
High RTP is associated with Blackjack, where you can play with more than 99% RTP if you play Blackjack with optimum strategy. Some variants include the best returns such as Classic Blackjack and Atlantic City Blackjack.
RTP in roulette depends on the variation:
3. Roulette
RTP in roulette depends on the variation:
European Roulette: 97.3%
American Roulette: 94.74% (Due to the extra double zero)
4. Video Poker
With perfect strategy, video poker games such as Jacks or Better can have RTPs up to 99.54% and these kinds of games can be a real favorite for strategists.
So, How do you Identify High-RTP Games
1. Check Game Details
There’s nothing to be ashamed of; transparent casinos such as SurfPlay list RTP values in the game descriptions, stating clearly what percentage of your bet is expected to be paid out
2. Read Reviews
Regulars often prefer to take note of RTP (Returns to Player) of popular games in online reviews.
3. Test Games
The majority of online casinos will provide a demo version of a game where the player can try mechanics and RPT performance with no real money wagered.
Misconceptions About RTP
While RTP is a useful tool, it’s important to understand its limitations:
RTP Is a Long-Term Metric
This is a very useful RTP percentage because it was based on millions of rounds, and individual gaming sessions will not show these averages.
No Guarantee of Winnings
Having a high RTP doesn’t promise you a high frequency of wins. All it really means is the game is designed to return a specific percentage to players over time.
Variance Matters
A game with high variance (volatility), often a high RTP, will provide you with fewer frequent wins. Understanding variance is important — if you can find out what is being paid out for variance, then you can match your game style to the right game.
RTP and Responsible Gaming
RTP can be used to foster responsible gambling practices. Here’s how:
- Set Realistic Goals: Knowing RTP allows players to get a realistic idea of what level of return to expect, thus minimizing the likelihood of running after losses.
- Choose Budget-Friendly Games: How to play RTP games is so simple that players can even play them for hours without ending up with an empty wallet.
- Play for Entertainment: Enjoy the game more, not just the wins. RTP guarantees you fairness, but nothing can predict a winner or a loser of a game. A gaming outcome can be randomly found anywhere.
No matter what is their gambling interest and a good reason that makes them want to have fun, Canadian players looking for real money casinos to play into should definitely start with learning what RTP is. Luckily, by highlighting games with competitive RTPs, one can find a balance. Plus with trusted platforms such as SurfPlay, players can enjoy the fun without fear.
Not only does RTP guarantee fairness, but it also gives players the opportunity to make strategic choices that reflect their aspirations and budget at play. Whether you’re spinning the reels on a high RTP slot or strategizing at the blackjack table, knowing this most important metric could equal as much as an additional 100x your buy-in.
By James Portside
December 4th, 2024
BURLINGTON, ON
This information is not professional investment advice. Investors are advised to do their own research into individual stocks before making an investment decision.
The five stocks with the largest dollar value of insider acquisitions in the public market are:
|
Linamar Corporation —–Buy Quantity: 48,101 Average cost: $60.99 Total: $2,933,867.58 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Linamar Corporation |
1 – Issuer |
10 – Acquisition or disposition in the public market |
11-29-24 |
25,101 |
$60.95 |
$1,529,963.68 |
Linamar Corporation |
1 – Issuer |
38 – Redemption, retraction, cancellation, repurchase |
11-29-24 |
-203,303 |
$0.00 |
$0.00 |
Linamar Corporation |
1 – Issuer |
10 – Acquisition or disposition in the public market |
11-28-24 |
23,000 |
$61.04 |
$1,403,903.90 |
|
DeFi Technologies Inc —–Buy Quantity: 480,600 Average cost: $2.78 Total: $1,336,068.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
DeFi Technologies Inc. |
1 – Issuer |
10 – Acquisition or disposition in the public market |
12-03-24 |
480,600 |
$2.78 |
$1,336,068.00 |
|
South Bow Corporation —–Buy Quantity: 11,000 Average cost: $34.79 Total: $382,690.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Wirzba, Bevin Mark |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
11,000 |
$34.79 |
$382,690.00 |
|
Asante Gold Corporation —–Buy Quantity: 150,200 Average cost: $1.17 Total: $176,064.44 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Easah, Malik Mohammed |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
150,200 |
$1.17 |
$176,064.44 |
|
Lavras Gold Corp —–Buy Quantity: 55,000 Average cost: $2.43 Total: $133,850.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Raykov, Rostislav Christov |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-03-24 |
55,000 |
$2.43 |
$133,850.00 |
The five stocks with the largest dollar value of insider dispositions in the public market are:
|
Celestica Inc —–Sell Quantity: -88,958 Average cost: $120.02 Total: -$10,676,973.82 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Agrawal, Alok K. |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
57 – Exercise of rights |
12-02-24 |
1,550 |
$120.02 |
$186,035.09 |
Agrawal, Alok K. |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
10 – Acquisition or disposition in the public market |
12-02-24 |
-1,550 |
$120.02 |
-$186,035.09 |
Chawla, Mandeep |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-02-24 |
9,704 |
$120.02 |
$1,164,699.68 |
Chawla, Mandeep |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
-9,704 |
$120.02 |
-$1,164,699.68 |
Cooper, Todd Christopher |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-02-24 |
9,769 |
$120.02 |
$1,172,501.15 |
Cooper, Todd Christopher |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
-9,769 |
$120.02 |
-$1,172,501.15 |
Etienvre, Yann Louis |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-02-24 |
8,850 |
$120.02 |
$1,062,200.34 |
Etienvre, Yann Louis |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
-8,850 |
$120.02 |
-$1,062,200.34 |
Mionis, Robert Andrew |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-02-24 |
46,766 |
$120.02 |
$5,612,978.68 |
Mionis, Robert Andrew |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
-46,766 |
$120.02 |
-$5,612,978.68 |
Phillips, Jason |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
12-02-24 |
10,204 |
$120.02 |
$1,224,711.00 |
Phillips, Jason |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
-10,204 |
$120.02 |
-$1,224,711.00 |
Wong, Leila |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
57 – Exercise of rights |
12-02-24 |
3,004 |
$120.46 |
$361,861.38 |
Wong, Leila |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
10 – Acquisition or disposition in the public market |
12-02-24 |
-2,115 |
$120.02 |
-$253,847.88 |
|
Eldorado Gold Corporation —–Sell Quantity: -23,166 Average cost: $22.05 Total: -$510,810.30 Options Issued: 23,166 Average cost: $11.90 Total: $275,675.40 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Frank, Per Niklas |
5 – Senior Officer of Issuer |
51 – Exercise of options |
12-02-24 |
23,166 |
$11.90 |
$275,675.40 |
Frank, Per Niklas |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
-23,166 |
$22.05 |
-$510,810.30 |
|
Mandalay Resources Corporation —–Sell Quantity: -100,000 Average cost: $3.82 Total: -$382,320.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Davis, Christopher Thornton Myles Davis |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
12-03-24 |
-100,000 |
$3.82 |
-$382,320.00 |
|
Biorem Inc —–Sell Quantity: -120,000 Average cost: $2.93 Total: -$351,600.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Webb, Derek |
7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
10 – Acquisition or disposition in the public market |
12-02-24 |
-120,000 |
$2.93 |
-$351,600.00 |
|
Africa Oil Corp —–Sell Quantity: -121,343 Average cost: $1.64 Total: -$199,203.06 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Bartlett, Andrew Donald |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
12-02-24 |
-19,786 |
$0.00 |
$0.00 |
Stampede Natural Resources S.a.r.l. |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-28-24 |
-101,557 |
$1.96 |
-$199,203.06 |
What is Insider Trading?
How Insider Trading works.
By Tina S. Singh
November 26th, 2024
BURLINGTON, ON
Artwork in various forms has the power to grab attention, inspire, and stir emotions. That said, whether it’s a bespoke painting, a sculpture, or a precious photograph, such items must be safeguarded and preserved for future art enthusiasts to enjoy. Without proper care, water damage or heat can severely impair valuable art items you’ve spent considerable time collecting.
Understand the Risk of Water Damage and Heat
If this was your home – the flooding would have damaged some of your art beyond repair.
Extreme heat and water damage can wreak havoc on art items. Water can permeate delicate materials, causing warping, ballooning, and color distortion. Such a threat can accelerate mold growth issues, compromise artwork appearance, and pose health concerns. Intense heat conditions ultimately lead to fading, flaking, and degradation of art mediums, including canvas, paint, and paper.
In this guide, let’s discuss expert tips to help you protect your precious collection from potential dangers.
- Climate Control
In other words, maintain a stable environment. Keeping your artwork in a controlled setting (ideally 68-720F and 40-50% humidity) is critical to preserving art. Install temperature and humidity monitors to ensure the parameters remain within the desired range, especially within storage spaces like galleries and studios.
- Ample Ventilation
Adequate ventilation limits excessive moisture buildup and curbs the risk of mildew and mold growth. Do not store or exhibit your art pieces in damp, poorly ventilated spaces like basements or attics. If you store your art items in storage boxes, ensure the containers are moisture-resistant and boast adequate airflow.
- Disaster-Proof Storage
Preparing a solid disaster plan to cater to extreme weather conditions is a good idea. Neglected drain pipes, lapses in inspection, and blocked grates are among the leading causes of flooding, triggering substantial damage with financial implications to homeowners. Consider elevating your artwork storage racks—such a move limits direct contact with the floor in the event of flooding. Investing in waterproof and fire-resistant safes adds an extra protective measure.
A solander box, a drop-spine box, or a clamshell is an excellent storage idea to protect your valuable artwork. Thanks to its solid case with a hinged lid, a solander box design allows it to open flat, allowing you easy access to your valuables. It shields enclosed items from the weather elements, ensuring longevity.
To build a solander box, you will need:
Very very hard to recover art work that has been damaged by water from flooding.
Procedure:
- Fold upwards along the sides of the base and lid pieces, including the corners, to form a box shape. Glue the triangular corners to the inner adjacent walls. Here, use the best types of glue for household use. Hold the pieces together using a clip temporarily.
- Spread out your fabric and place the two cover pieces with the spine positioned in the middle (allow for a few millimeters gap between them). Use scissors to cut the material diagonally across its corners (as far as the cover pieces allow).
- Glue the cardboard pieces to the fabric as currently positioned.
- Fold the ends of the fabric up and around the pieces and apply glue—use paper clips to keep everything in place.
- Glue the two strips of ribbon midway down the outer edges of the covers, allowing for adequate free ribbon to tie in a bow together after completing the project.
- Glue the smaller box onto the right cover.
- Fit the larger box over the smaller one—leaving a gap at the turn close to the spine.
- Apply glue to the upside-down cardboard box and lift the covered card as if closing a book. Next, press down gently until the two surfaces stick.
- Once the glue dries, place your taonga inside. For extra protection, you can opt to wrap it in tissue paper.
If your house had been flooded – your art work may have ended up in a pile like this.
Now’s the Time to Disaster-Proof Your Precious Artwork
Protecting your artwork from adverse environmental elements requires a mix of skill, care, and proactive measures. Pick the correct display methods, invest in proper storage, and you can be sure your cherished artwork will retain its vibrant appeal.
ByAlina Jovia
November 26th, 2024
BURLINGTON, ON
Many consumers have considered gambling online because the activity is convenient, inexpensive, and fun.
The online experience is different than at a casino.
Gambling online provides consumers with quick and easy access to their favorite gambling titles, including slots, roulette, blackjack, and more. Furthermore, gambling online means the consumer can access these titles without leaving home. Nevertheless, consumers must understand that gambling online is far different than gambling in person.
It is vital to adjust to the switch. Otherwise, the gambler may run into a variety of issues, including lost money and a stolen identity. Just make sure that you consider the information at GamblingInformation before moving forward.
Why Online?
Online gambling is not suitable for all consumers. For instance, some consumers may prefer mingling with other gamblers. Online casinos offer some degree of social features, but it’ll never be enough for some. Furthermore, some gamers may prefer playing in person with friends and relatives. For these individuals, it is best to visit a local casino. However, online gambling provides numerous perks that aren’t available elsewhere.
Consumers can play from home so they’ll save money and they’ll be much safer. They also won’t have to adhere to the casino’s schedule. After all, online casinos are open around the clock. Online gambling in Canada has grown in popularity because online sites offer so many benefits.
New Risks
Do your homework – know what you are getting into – there are shady operators out there.
When gambling online, the risks are going to be significantly different. With in-person gambling, you have to worry about someone mugging you when you leave. You’ll also need to worry about theft and other issues. However, online gambling tends to be much safer since you don’t have to leave home. Still, there are risks involved. In particular, consumers must avoid signing up for shady sites.
Each player should carefully research the site in question to ensure that they’re making the right decision. Otherwise, they could lose everything. More about this will be explored below.
Research Each Site
Consumers have to be concerned about signing up for a bad website. Doing so could lead to issues, including a stolen identity. When choosing an online gambling site, the consumer must perform extensive research. Some sites pose as legitimate gambling sites even though they’re scams. You don’t want to fall for one of these traps. Instead, you should do your best to avoid such problems. Make sure that the site you choose is reliable and safe. The gambling site should use the latest safety protocols to protect your information.
Promotions
Bonuses are a big part of the fun when you gamble online.
Experts in the industry providing trustable information recommend taking advantage of bonuses, including free spins. However, some casinos may provide more generous bonuses. For instance, some will deliver a deposit bonus to new and existing customers. If you deposit a specific amount, you should receive a specific amount. Each casino establishment will have unique rules. Still, it is important to consider these things because bonuses are very beneficial.
Bonuses can keep you playing for longer without depositing more money.
Games Available
It is also pertinent to consider the selection of games. Some casinos are better about this than others. For instance, some online casinos only offer three or four games. Others provide access to conventional gambling titles as well as innovative ones. It is wise to consider your options. Make sure that you’ll have access to the hottest titles.
When it comes to online gambling in Canada, it is always best to pick a diverse platform.
Social Features
GamblingInformation.com provides consumers with access to gambling resources, reviews, and more. One thing to remember when digesting such information is that online gambling can also be social. It’s not as social as in-person gambling, but you can still interact with others. Usually, online gambling platforms provide players with chat features. You can use these features to interact with other players. Doing so will undoubtedly make the experience more exciting.
Player Protection
Online casinos offer player protection, such as secure checkouts. It is up to players to maintain a responsible gambling protocol. Temptations are the worst in the gambling industry. People addicted to gambling struggle to stop, even after they have depleted their bankroll.
Experts insist all consumers read the casino’s policies fully before an initial wager. Be sure to focus on the fine print because it is vital information about the casino operations.
By Ray Rivers
November 25th, 2024
BURLINGTON, ON
OPINION
The annual Climate Change Congress of the Parties (COP 29) held this year in Azerbaijan has concluded in uncertainty, discontent and pessimism. Pessimism is what every single one of those delegates should be feeling about the future of the planet we are leaving for our offspring. The global community has completely failed to halt the advance of global climate warming and with it the ravages of climate change.
Climate Change Congress of the Parties (COP 29)
It’s the fossil fuels and, like an addict on heroin, we are unable to put down the syringe. And the rush from this drug, fossil fuels, will continue for almost a millennium. The worlds largest producer of oil, the USA, emits just over 10% of global annual GHG emissions but accounts historically for the majority of all that stuff still up there. That unfortunate record is due to be broken one day soon by the world’s second largest economy and its most significant polluter.
China is still using coal
China, currently at 30% of global GHG annual emissions, is still building coal burning plants. In fact it had initiated 95% of all global coal plant construction in 2023. Ironically, it is also the leader in renewable technologies and electric vehicles. The country is claiming it’ll be carbon neutral by 2060. But only a blind optimist would buy that given its GHG emissions increased almost 5% last year, 15% faster than the rest of the world.
There is discontent among the smaller nations, including those island states which will eventually disappear into the ever rising oceans. Many of these less developed countries (LDC) are relatively small contributors to global emissions, certainly compared to China the US and Europe. But they are at the table, though it seems more like a trough. If money is for the taking, they want in – the only reason they used all those carbon credits getting there.
The COP process used to be about reducing emission reductions with a little cash on the side to help those LDCs in need. But it has morphed into an income redistribution exercise and a money grab. $100 billion was promised in 2009 and this year the ante was upped to $300 billion. Still the ask was for two or three trillion big ones. Delegates from less developed nations are calling it a paltry sum, but nobody is leaving money on the table. And how does India, with the fifth largest global economy and fourth largest military have the nerve to claim access to that COP money?
COP has lost its way. The 1990’s Kyoto protocol was the best chance to get global cooperation and action on reductions.
COP has lost its way. The 1990’s Kyoto protocol was the best chance to get global cooperation and action on reductions. But then GW Bush, the oil president, pulled the rug out and it was drill baby drill. Obama helped create the voluntary Paris Agreement in a faint hope to limit the earth’s temperature increase to below 1.5 degrees. But then the 2016 Donald took his baseball and went home. Though he is coming back and now threatening to take the ball diamond as well.
In any case it is probably too late for incremental emissions reductions, emission targets and all that bureaucratic stuff. Many have already decided we’re at the 10th stage of grief – acceptance. The oil companies may have lost the battle to discredit climate scientists since their predictions are ringing in close to home. But big oil appears to have won the war anyway. That 1.5 degree tipping point is now within sight – possibly as early as next year. And so the Paris Agreement will also have failed.
The demographic that is going to have to live with the results of COP29
So the discussion at these annual mega-groupies has turned to something else – welfare for those less developed nations in their struggle to adapt. COP is not really about emissions reductions for LDCs since if they can afford fossil energy they can easily afford the less costly renewable energy option. And these less developed nations typically are not the heavy polluters anyway. Even Canada, which has the tenth largest global economy and is the fourth largest oil producer, still only contributes less than 2% to the problem.
Russia has decided to ignore the world and fall back to it’s nasty environmentally dirty old imperial ways. The holy land has become one big carbon emitting battlefield. And China, already the world’s dirtiest polluter will continue to pollute, as we in North America continue to buy their manufactured goods, thus making ourselves complicit. The USA will once again face a neoconservative ideological agenda promising “drill baby drill” and an end to new renewables. Canada is almost certainly to follow if the opinion polls are right – Ontario already has.
Humble beggar
40% of India’s installed electrical power capacity came from non-fossil fuel sources in 2021. It already has among the lowest emissions per capita in the world. And perhaps that alone, reducing its carbon footprint when wealthier nations are floundering, is a good enough reason to reward India by letting it dine at the beggar’s banquet. And, no humble beggar, the Indian delegation was one of the loudest voices demanding more money at this COP.
It was symbolic that the last two annual COP meetings were hosted by nations heavily dependant on oil revenues for their GDP. This year the host was the autocratic and highly repressive former Soviet republic of Azerbaijan which obtains 90% of its foreign income from the black gold. That country’s president kicked off the COP by setting the tone. He lectured that oil was a gift from God.
The head of France’s delegation went home after the Azerbaijani president insulted France and Holland over their colonial policies. The Argentine president brought his entire delegation home after only three days, probably as a symbol to please his new pal the American president-elect. It was chaos and there were also reports of others leaving in droves like rats abandoning a sinking ship. And no one should wonder why.
Background links:
Climate Not Improving – Greenwash Conference –
UNFCCC – Poilievre and Paris –
Time to Rethink COP –
Stages of Grief –
Ray Rivers has worked on the climate change challenge since 1992. In addition to private consulting and heading the international emissions trading company Clean Air Canada, Rivers also assisted the federal and provincial governments in developing emissions trading and reduction programs. He attended COP 4 in Buenos Aires and COP 9 in Milan.
By James Portside
November 25th, 2024
BURLINGTON, ON
This information is not professional investment advice. Investors are advised to do their own research into individual stocks before making an investment decision.
The five stocks with the largest dollar value of insider acquisitions in the public market are:
|
Sol Strategies Inc. (formerly, Cypherpunk Holdings Inc.) —–Buy Quantity: 100,000 Average cost: $1.21 Total: $121,250.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Guoga, Antanas (Tony) |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-22-24 |
100,000 |
$1.21 |
$121,250.00 |
|
Vecima Networks Inc —–Buy Quantity: 6,000 Average cost: $17.08 Total: $102,456.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Kumar, Saket |
8 – Deemed Insider – 6 Months before becoming Insider, 6 – Director or Senior Officer of 10% Security Holder, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
1,000 |
$17.44 |
$17,440.00 |
Kumar, Sumit |
8 – Deemed Insider – 6 Months before becoming Insider, 4 – Director of Issuer, 6 – Director or Senior Officer of 10% Security Holder, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
1,000 |
$17.44 |
$17,440.00 |
Kumar, Surinder Ghai |
3 – 10% Security Holder of Issuer, 4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
1,000 |
$17.44 |
$17,440.00 |
Kumar, Saket |
8 – Deemed Insider – 6 Months before becoming Insider, 6 – Director or Senior Officer of 10% Security Holder, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-20-24 |
1,000 |
$16.71 |
$16,712.00 |
Kumar, Sumit |
8 – Deemed Insider – 6 Months before becoming Insider, 4 – Director of Issuer, 6 – Director or Senior Officer of 10% Security Holder, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-20-24 |
1,000 |
$16.71 |
$16,712.00 |
Kumar, Surinder Ghai |
3 – 10% Security Holder of Issuer, 4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
11-20-24 |
1,000 |
$16.71 |
$16,712.00 |
|
Martinrea International Inc —–Buy Quantity: 7,000 Average cost: $10.02 Total: $70,140.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Martinrea International Inc. |
1 – Issuer |
38 – Redemption, retraction, cancellation, repurchase |
11-22-24 |
-322,300 |
$0.00 |
$0.00 |
Wildeboer, Robert Peter Edward |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-22-24 |
7,000 |
$10.02 |
$70,140.00 |
Martinrea International Inc. |
1 – Issuer |
38 – Redemption, retraction, cancellation, repurchase |
11-21-24 |
322,300 |
$16.71 |
$5,386,412.42 |
|
Aurion Resources Ltd —–Buy Quantity: 100,000 Average cost: $0.56 Total: $56,470.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Lotan Holdings Inc. |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
11-22-24 |
30,000 |
$0.56 |
$16,820.00 |
Lotan Holdings Inc. |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
5,000 |
$0.57 |
$2,850.00 |
Lotan Holdings Inc. |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
11-20-24 |
34,000 |
$0.57 |
$19,240.00 |
Lotan Holdings Inc. |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
11-19-24 |
31,000 |
$0.57 |
$17,560.00 |
|
Andrew Peller Limited (formerly Andrés Wines Ltd.) —–Buy Quantity: 9,100 Average cost: $5.05 Total: $45,955.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Tsiofas, Chris |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
11-22-24 |
4,600 |
$5.05 |
$23,230.00 |
Tsiofas, Chris |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
11-20-24 |
4,500 |
$5.05 |
$22,725.00 |
The five stocks with the largest dollar value of insider dispositions in the public market are:
|
Quebec Innovative Materials Corp. (formerly Quebec Silica Resources Corp.) —–Sell Quantity: -910,000 Average cost: $1,048.92 Total: -$954,520,973.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Inwentash, Sheldon |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-19-24 |
140,000 |
$0.17 |
$24,472.00 |
Inwentash, Sheldon |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
-525,000 |
$1,818.00 |
-$954,450,000.00 |
ThreeD Capital Inc. |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
-525,000 |
$0.18 |
-$95,445.00 |
|
Secure Energy Services Inc —–Sell Quantity: -2,005,532 Average cost: $16.63 Total: -$33,353,243.73 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Bonderman, David |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-19-24 |
-112,500 |
$16.74 |
-$1,883,362.50 |
Bonderman, David |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-20-24 |
-75,283 |
$16.67 |
-$1,255,042.89 |
Bonderman, David |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
-250,000 |
$16.64 |
-$4,161,250.00 |
Bonderman, David |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-22-24 |
-63,600 |
$16.34 |
-$1,039,048.96 |
Coulter, James G. |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-19-24 |
-112,500 |
$16.74 |
-$1,883,362.50 |
Coulter, James G. |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-20-24 |
-75,283 |
$16.67 |
-$1,255,042.89 |
Coulter, James G. |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
-250,000 |
$16.64 |
-$4,161,250.00 |
Coulter, James G. |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-22-24 |
-63,600 |
$16.33 |
-$1,038,524.40 |
TPG GP A, LLC |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-19-24 |
-112,500 |
$16.74 |
-$1,883,362.50 |
TPG GP A, LLC |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-20-24 |
-75,283 |
$16.67 |
-$1,255,042.89 |
TPG GP A, LLC |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
-250,000 |
$16.64 |
-$4,161,250.00 |
TPG GP A, LLC |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-22-24 |
-63,600 |
$16.33 |
-$1,038,524.40 |
Winkelried, Jon |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-19-24 |
-112,500 |
$16.74 |
-$1,883,362.50 |
Winkelried, Jon |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-20-24 |
-75,283 |
$16.67 |
-$1,255,042.89 |
Winkelried, Jon |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
-250,000 |
$16.64 |
-$4,161,250.00 |
Winkelried, Jon |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
11-22-24 |
-63,600 |
$16.33 |
-$1,038,524.40 |
|
Great-West Lifeco Inc —–Sell Quantity: -146,826 Average cost: $49.88 Total: -$7,323,842.39 Options Issued: 181,800 Average cost: $35.62 Total: $6,475,716.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Mahon, Paul |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
51 – Exercise of options |
11-21-24 |
181,800 |
$35.62 |
$6,475,716.00 |
Mahon, Paul |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
-146,826 |
$49.88 |
-$7,323,842.39 |
|
CGI Inc —–Sell Quantity: -26,130 Average cost: $154.82 Total: -$4,045,498.65 Options Issued: 13,955 Average cost: $85.62 Total: $1,194,827.10 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Boyajian, Mark |
5 – Senior Officer of Issuer |
51 – Exercise of options |
11-21-24 |
13,955 |
$85.62 |
$1,194,827.10 |
Boyajian, Mark |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
-13,955 |
$155.00 |
-$2,163,025.00 |
Henderson, Dave |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-19-24 |
-4,000 |
$153.84 |
-$615,355.58 |
Hurlebaus, Timothy |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-20-24 |
-8,175 |
$155.00 |
-$1,267,118.07 |
Hurlebaus, Timothy |
5 – Senior Officer of Issuer |
30 – Acquisition or disposition under a purchase/ownership plan |
11-20-24 |
-6,614 |
$155.07 |
-$1,025,657.75 |
|
NUVISTA ENERGY LTD —–Sell Quantity: -230,253 Average cost: $13.16 Total: -$3,029,036.83 Options Issued: 11,000 Average cost: $1.62 Total: $17,840.00 |
Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
Asman, Kevin Garth |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
11-21-24 |
32,024 |
$0.00 |
$0.00 |
Asman, Kevin Garth |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
-42,024 |
$13.27 |
-$557,534.64 |
Lawford, Michael |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
11-21-24 |
42,064 |
$0.00 |
$0.00 |
Lawford, Michael |
5 – Senior Officer of Issuer |
51 – Exercise of options |
11-21-24 |
5,000 |
$2.62 |
$13,100.00 |
Lawford, Michael |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
-47,064 |
$13.21 |
-$621,609.04 |
Paulgaard, Ryan Daniel |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
11-21-24 |
31,411 |
$0.00 |
$0.00 |
Paulgaard, Ryan Daniel |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
-31,411 |
$13.11 |
-$411,798.21 |
Truba, Joshua Thomas |
5 – Senior Officer of Issuer |
51 – Exercise of options |
11-20-24 |
6,000 |
$0.79 |
$4,740.00 |
Truba, Joshua Thomas |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-20-24 |
-6,000 |
$12.98 |
-$77,880.00 |
Truba, Joshua Thomas |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
11-21-24 |
28,456 |
$0.00 |
$0.00 |
Truba, Joshua Thomas |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
-28,456 |
$13.11 |
-$373,058.16 |
Wright, Jonathan Andrew |
5 – Senior Officer of Issuer |
57 – Exercise of rights |
11-21-24 |
75,298 |
$0.00 |
$0.00 |
Wright, Jonathan Andrew |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
11-21-24 |
-75,298 |
$13.11 |
-$987,156.78 |
What is Insider Trading?
How Insider Trading works.
By Harry Randall-Wooden
November 25, 2024
BURLINGTON, ON
Since iGaming Ontario took up the reins and the challenges of the new online gambling scene in Ontario, there has been a prominent spike in the sector’s popularity. In the first couple of years of operation, online gambling has seen plenty of positive growth in the province, but that of course is just one small drop in terms of what the country produces.
Unlike places such as the UK and Ireland, the Great White North as a whole is not governed by the same gambling framework. That’s because things are left to the provinces as to how they handle things, and therefore there are great variations between one and the next.
Things for example are tighter in Quebec, whereas the modern online gambling scene in Ontario has delivered a fresh, well-regulated and yet open platform for those interested. Legalized gambling can be an important part of a province’s economy, and proof of that comes from financial reports posted by iGaming Ontario, which may make other provinces sit up and take notice. The demand is there, can it be tapped into?
What’s Going on in Ontario?
Starting in April 2022, iGaming Ontario (different from the Ontario Lottery and Gaming Corporation) delivered a new, secure and regulated online gambling system to the province. Working in conjunction with the Government of Ontario, the overseeing body is the one that hands out and maintains licensing for any online operators.
That was a big step towards a safer gaming experience for Ontarians, because picking from the list of regulated providers from iGaming Ontario, gives players peace of mind over things like the security of payments and fair gaming. That is a massive boost for igaming and as reported in the article Ontario iGaming Expected to Triple by 2032, Written by Anthony Odiase, Published by gambleontario.ca1, popularity is soaring.
With players having already previously found offshore sources at which to do their online gambling, Ontario took the fresh approach of standardising the market for willing providers in the province. That was designed to bring some advantages to the economy as well, and numbers from the first two years of iGaming Ontario show the value of their approach.
Growth In Ontario
The total gaming revenue from online gambling in Ontario in 2023 was $1.4 billion. That number had jumped significantly to $2.4 billion in the second year since iGaming Ontario started running the show2. The growth has been outstanding not only for the operators in the sector but for locals as well.
There are now a reported 12,000 full-time equivalent jobs running in Ontario because of the online gambling scene, a number which is expected to add another 10,000 by 20323. So big things are still expected from this market, which contributed $1.6 billion to Ontario’s GDP during its first year of operation, and that’s a number expected to surpass $2 billion in revenue by 2032.
The overall projection is that the potential annual GDP contribution from online gambling is going to almost triple by 2032. Current figures report that more than $900 million has gone to employee compensation in Ontario’s iGaming sector with the average salary running at $103,000.
There have been clear signs that there is a big demand for online gambling and the numbers across the country are supporting that.
Year-on-Year Growth
It’s reported that there are over 19 million active online gamblers in Canada4 and across the country, the federal revenue garnered from it is around $3.1 billion. So there is a lot that is going back into the economy and the advances in Ontario in the last couple of years have certainly added to it, considering that it contributed $1.4 in revenue in 2023.
The average online gambler in Canada spends around $7 per month. But again, dialing in the focus to the progressive setup in Ontario, there have been noticeable increases in how much players gamble on average. In 2022 it was around $70 per month and that had jumped to $200 per month in 2023, significantly higher than the national average.
This isn’t a surprise since Ontario has a more open, regulated industry, which means that access to provincially-backed sites is easy. Accessibility is a big factor in more money being gambled per person. Other people in the country may have to take risks at offshore platforms to do their gambling and are less likely to risk greater funds going to places like that.
The increase in betting averages comes with concerns that there will be a rise in problem gambling, due to the players more easily accessing platforms. As part of the ongoing campaigning for the safety of players, iGaming Ontario for example has a strong approach to responsible gambling, by providing knowledge and tools to make things safer for players. That includes a coordinated and centralized self-exclusion problem from all gambling websites operating in Ontario.
Demand And Supply or Supply And Demand?
Ontario has more than 50 licensed operators providing gambling platforms in the province. That number will likely grow as the industry is still fairly new and existing operators are likely to face competition not only between themselves but from newly licensed ones down the line.
The demand for legalized gambling in Ontario appears to be there because if it wasn’t popular then the growth would not have been as strong. Or has it been a case of “build it and they will come” within the province? Has the user-friendly, legalized gambling market thrown the doors wide to give people access to something that they may well have left alone had it never been there?
There’s no way to answer that speculation of course, but in 2022, after iGaming Ontario launched the new system, around 30% of people gambling in Ontario reported back in a survey by Ipsos5, as being registered to an online gambling site as the new market fired up.
But to think that gambling wasn’t in demand before iGaming Ontario regulated it, is folly. In 2022, it was reported that around 70% of all online gambling from Canada was done on offshore platforms. A large volume of people were already finding ways to gamble before things were regulated.
Why The Discrepancy?
Why, in the new age of being able to play at fully regulated sites, would players still take chances at offshore unregulated ones? The main answer to that will come down to knowledge, not even knowing that there is now a list of regulated online gambling sites provided by iGaming Canada which are safe to use.
Ontario Lottery & Gaming – OLG.ca, which is the official Ontario Lottery website is tightly regulated and hugely popular, was even regulated
To further press that home, another Ipsos report found that more than 70% of respondents were completely unaware that OLG.ca, which is the official Ontario Lottery website, was even regulated and were under the assumption that other major online gambling providers were also unregulated.
But biases also play into this, because players who have used or are still using an unregulated platform are likely unaware that it is not regulated, and even if they did know, they would be more prone to believing that it was a regulated one.
So perhaps the message from iGaming Ontario has not been quite as far-reaching as it could be and has some work to do. Still, from a previous 70% of Ontario gamblers using offshore platforms to around 85% now using province-regulated ones, that is a sizable shift and a positive for player safety.
The Rest Of Canada
Ontario gets a lot of attention thanks to its positive approach to getting its online gambling sector regulated within its border and remains the only province that is fully regulated for private operators. Because of that open and competitive market, it is why the province stands alone because of the pioneering approach to things. But what is going on within the rest of the provinces?
Legal and Regulated
British Columbia, Alberta, Saskatchewan, Manitoba, Quebec and New Brunswick offer legal and regulated online gambling. That is all done, however, through government-run platforms that provide a range of options including sports betting, casino games and lottery. BC, Manitoba and Saskatchewan are all linked together on BC’s prominent, government-run PlayNow.com platform.
Legal and Limited
Nova Scotia, Prince Edward Island and Newfoundland and Labrador have far more limited options in terms of what online gambling is accessible, with most of them limiting sports betting. What is available in each of the territories is provided by the respective provincial government. Things are also fairly limited In the Territories where options are mostly for lottery products only.
What About Offshore?
Access to offshore gambling sites is still available across the country. It happens, and understandably so, when people’s options for legal and regulated gambling within their home province are limited. However, the danger with unregulated platforms is that they come with some extremely grey areas over things like providing any kind of customer protection and responsible gambling.
In Conclusion
With figures from online gambling expected to triple in Ontario alone within the next eight years, online gambling is going to continue to rise in popularity across the country. There may well be envious eyes being cast over to Ontario where things have shaped up nicely, and the industry there has grown competitively and strongly in the last couple of years.
Ontario’s stance has been much lauded for offering approved platforms to play at because if gamblers are going to gamble, it’s better for it to be done somewhere that’s safe and regulated without being locked into just one government-controlled platform. It is also a proven model for providing jobs and a boost to overall GDP.
- Ontario iGaming Expected to Triple by 2032, Written by Anthony Odiase, Published by gambleontario.ca
- iGaming Ontario’s FY 2023-24 Full Year Market Performance Report, Written by iGaming Ontario, Published by igamingontario.ca
- Deloitte: Economic Contribution of Ontario’s Regulated iGaming Market, written by iGaming Ontario, Published by igamingontario.ca
- Gambling Statistics in Canada, Written by Olivia Bush, Published by madeinca.ca
- Thirty Percent of Canadians Report Being Registered on an Online Gambling Website, Written by Ipsos, Published by ipsos.com
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