Insider Trading Data Filed Friday, January 17, 2025 to Sunday, January 19, 2025

By James Portside

January 20th, 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:

Morguard Corporation —–Buy Quantity: 8,300 Average cost: $111.71 Total: $927,215.32
Insider Relationship Transaction Date Quantity Price Total
Armoyan, Sime 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-17-25 5,300 $111.69 $591,980.32
Armoyan, Sime 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-16-25 3,000 $111.74 $335,235.00
Solstice Gold Corp —–Buy Quantity: 15,000,000 Average cost: $0.01 Total: $150,000.00
Insider Relationship Transaction Date Quantity Price Total
Adamson, David William 4 – Director of Issuer, 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-17-25 4,000,000 $0.01 $40,000.00
Schultz, Blair 4 – Director of Issuer 10 – Acquisition or disposition in the public market 01-17-25 11,000,000 $0.01 $110,000.00
Asante Gold Corporation —–Buy Quantity: 113,500 Average cost: $0.97 Total: $110,021.30
Insider Relationship Transaction Date Quantity Price Total
Easah, Malik Mohammed 4 – Director of Issuer 10 – Acquisition or disposition in the public market 01-16-25 80,000 $0.97 $77,600.00
Easah, Malik Mohammed 4 – Director of Issuer 10 – Acquisition or disposition in the public market 01-15-25 33,500 $0.97 $32,421.30
Mayfair Gold Corp —–Buy Quantity: 35,000 Average cost: $1.80 Total: $62,868.50
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 01-16-25 15,000 $1.80 $26,980.50
Muddy Waters Capital LLC 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-15-25 20,000 $1.79 $35,888.00
Roots Corporation —–Buy Quantity: 22,500 Average cost: $2.25 Total: $50,650.00
Insider Relationship Transaction Date Quantity Price Total
Kernaghan, Edward Hume 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-17-25 12,100 $2.29 $27,765.00
Kernaghan, Edward Hume 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-16-25 10,400 $2.20 $22,885.00
The five stocks with the largest dollar value of insider dispositions in the public market are:

Aritzia Inc —–Sell Quantity: -607,991 Average cost: $67.18 Total: -$40,841,813.27 Options Issued: 342,575 Average cost: $464.09 Total: $158,986,881.00
Insider Relationship Transaction Date Quantity Price Total
Bensadoun, Aldo 4 – Director of Issuer 10 – Acquisition or disposition in the public market 01-14-25 -71,316 $67.01 -$4,778,885.16
Bensadoun, Aldo 4 – Director of Issuer 10 – Acquisition or disposition in the public market 01-15-25 -6,400 $67.00 -$428,800.00
Bensadoun, Aldo 4 – Director of Issuer 10 – Acquisition or disposition in the public market 01-16-25 -187,700 $67.22 -$12,617,194.00
Kwan, Karen 5 – Senior Officer of Issuer 51 – Exercise of options 01-14-25 29,966 $0.00 $0.00
Kwan, Karen 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-14-25 -29,966 $65.96 -$1,976,557.36
MacIver, David John 5 – Senior Officer of Issuer 51 – Exercise of options 01-14-25 60,000 $0.00 $0.00
MacIver, David John 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-14-25 -60,000 $66.00 -$3,960,000.00
Wong, Jennifer 4 – Director of Issuer, 5 – Senior Officer of Issuer 51 – Exercise of options 01-14-25 67,400 $0.00 $0.00
Wong, Jennifer 4 – Director of Issuer, 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-14-25 -67,400 $66.42 -$4,476,708.00
Wong, Jennifer 4 – Director of Issuer, 5 – Senior Officer of Issuer 51 – Exercise of options 01-16-25 172,600 $0.00 $0.00
Wong, Jennifer 4 – Director of Issuer, 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-16-25 -172,600 $68.00 -$11,736,800.00
Wong, Jennifer 4 – Director of Issuer, 5 – Senior Officer of Issuer 51 – Exercise of options 01-17-25 12,609 $12,609.00 $158,986,881.00
Wong, Jennifer 4 – Director of Issuer, 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-17-25 -12,609 $68.75 -$866,868.75
Africa Oil Corp —–Sell Quantity: -3,967,237 Average cost: $2.04 Total: -$8,103,358.10
Insider Relationship Transaction Date Quantity Price Total
Craig, John Hunter 4 – Director of Issuer 56 – Grant of rights 01-15-25 77,300 $2.05 $158,465.00
Johnston, Erin Elizabeth 4 – Director of Issuer 56 – Grant of rights 01-15-25 70,200 $2.05 $143,910.00
Kay, Joanna Katherine 5 – Senior Officer of Issuer 56 – Grant of rights 01-15-25 308,100 $2.05 $631,605.00
Nicodeme, Pascal Daniel 5 – Senior Officer of Issuer 56 – Grant of rights 01-15-25 535,600 $2.05 $1,097,980.00
Quinn, Oliver 5 – Senior Officer of Issuer 56 – Grant of rights 01-15-25 349,200 $2.05 $715,860.00
Tucker, Roger Morris 4 – Director of Issuer, 5 – Senior Officer of Issuer 56 – Grant of rights 01-15-25 1,053,400 $2.05 $2,159,470.00
Stampede Natural Resources S.a.r.l. 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-14-25 -1,305,772 $2.01 -$2,629,183.44
Stampede Natural Resources S.a.r.l. 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-15-25 -1,275,813 $2.06 -$2,624,358.15
Stampede Natural Resources S.a.r.l. 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-16-25 -280,307 $2.05 -$573,626.88
Stampede Natural Resources S.a.r.l. 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-17-25 -1,105,345 $2.06 -$2,276,189.63
Stampede Natural Resources S.a.r.l. 3 – 10% Security Holder of Issuer 11 – Acquisition or disposition carried out privately 01-17-25 -300,937 $0.00 $0.00
Bartlett, Andrew Donald 4 – Director of Issuer 56 – Grant of rights 01-15-25 70,200 $2.05 $143,910.00
Peyto Exploration & Development Corp —–Sell Quantity: -108,212 Average cost: $16.20 Total: -$1,752,911.35 Options Issued: 111,000 Average cost: $12.48 Total: $1,385,790.00
Insider Relationship Transaction Date Quantity Price Total
Burdick, Todd 5 – Senior Officer of Issuer 51 – Exercise of options 01-17-25 49,000 $13.01 $637,690.00
Burdick, Todd 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-17-25 -46,212 $16.23 -$749,974.55
Czember, Derick Nathan 5 – Senior Officer of Issuer 51 – Exercise of options 01-17-25 62,000 $12.07 $748,100.00
Czember, Derick Nathan 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-17-25 -62,000 $16.18 -$1,002,936.80
Frame, Riley Millar 5 – Senior Officer of Issuer 90 – Change in the nature of ownership 01-16-25 0 $0.00 $0.00
Sol Strategies Inc. (formerly, Cypherpunk Holdings Inc.) —–Sell Quantity: -241,900 Average cost: $3.20 Total: -$774,890.00
Insider Relationship Transaction Date Quantity Price Total
Ho, Rubsun 4 – Director of Issuer 10 – Acquisition or disposition in the public market 01-14-25 -75,800 $3.12 -$236,675.00
Ho, Rubsun 4 – Director of Issuer 10 – Acquisition or disposition in the public market 01-15-25 -166,100 $3.24 -$538,215.00
Canadian Natural Resources Limited —–Sell Quantity: -11,580 Average cost: $45.11 Total: -$522,423.86 Options Issued: 9,580 Average cost: $10.38 Total: $99,440.40
Insider Relationship Transaction Date Quantity Price Total
Graham, Stephanie Ann 8 – Deemed Insider – 6 Months before becoming Insider 10 – Acquisition or disposition in the public market 01-14-25 -2,000 $45.34 -$90,682.00
Lunn, Erin Louise 5 – Senior Officer of Issuer 51 – Exercise of options 01-14-25 9,580 $10.38 $99,440.40
Lunn, Erin Louise 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-14-25 -9,580 $45.07 -$431,741.86


What is Insider Trading?

How Insider Trading works.

Continue reading Insider Trading Data Filed Friday, January 17, 2025 to Sunday, January 19, 2025

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Can the current Minister of Housing make a difference in the few months he has left?

By Pepper Parr

January 20th, 2025

BURLINGTON, ON

Nathaniel Erskine-Smith isn’t running for the Liberal leadership. He has a different job to do, and not much time to make a difference.

Erskine-Smith represents Beaches-East York, the community I published the community newspaper in more than 40 years ago.  The paper is still published weekly – never more than 40 pages – because that is about as much as the carriers can handle as they deliver the paper door to door – free.

Erskine-Smith had said that he was not going to seek re-election – it was clear to him that he wasn’t one of the Justin Trudeau favourites – he frequently voted against the party. Then in one of the Prime Minister’s Cabinet shuffles Erskine-Smith was invited into Cabinet.  He took the job seriously and in the following interview (which I didn’t do) he sets out what the issues are and what he is in the process of doing.

In an interview with Erskine-Smith earlier this week, which I did do he did mention that he thinks there is a project he could work through with Burlington – no details at this point.

Continue reading Can the current Minister of Housing make a difference in the few months he has left?

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We can turn garbage into fuel - so why aren't we doing that

By Harold Dickert

January 18th, 2025

BURLINGTON, ON

 

No one is talking about “Garbage into oil” technology.   Not even the Canadian Liberal Party, who added major funding to the world’s largest facility now under construction just outside of Montreal – built by Enerkem (https://enerkem.com/).

From 360 000 tonnes of waste To 285 000 000 liters of clean fuels

Continue reading We can turn garbage into fuel – so why aren’t we doing that

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Insider Trading Data Filed Wednesday, January 15, 2025 to Thursday,

By James Portside

January 17th, 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:

Morguard Real Estate Investment Trust —–Buy Quantity: 99,700 Average cost: $5.50 Total: $548,294.92
Insider Relationship Transaction Date Quantity Price Total
Morguard Corporation 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-15-25 57,400 $5.50 $315,644.92
Morguard Corporation 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-14-25 14,400 $5.50 $79,200.00
Morguard Corporation 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-13-25 27,900 $5.50 $153,450.00
First National Financial Corporation —–Buy Quantity: 12,824 Average cost: $39.00 Total: $500,136.00
Insider Relationship Transaction Date Quantity Price Total
FNSC Holdings Inc. 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-14-25 6,412 $39.00 $250,068.00
Smith Financial Corporation 3 – 10% Security Holder of Issuer 47 – Acquisition or disposition by gift 01-14-25 -6,412 $38.99 -$250,003.88
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 01-14-25 6,412 $39.00 $250,068.00
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 01-14-25 -6,412 $38.99 -$250,003.88
Morguard Corporation —–Buy Quantity: 3,200 Average cost: $111.00 Total: $355,200.00
Insider Relationship Transaction Date Quantity Price Total
Armoyan, Sime 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-13-25 3,200 $111.00 $355,200.00
Jaguar Mining Inc —–Buy Quantity: 120,800 Average cost: $2.23 Total: $268,828.32
Insider Relationship Transaction Date Quantity Price Total
2176423 Ontario Ltd. 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-13-25 60,400 $2.23 $134,414.16
Sprott, Eric 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-13-25 60,400 $2.23 $134,414.16
Tourmaline Oil Corp —–Buy Quantity: 2,500 Average cost: $66.44 Total: $166,109.00
Insider Relationship Transaction Date Quantity Price Total
Rose, Mike 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-16-25 2,500 $66.44 $166,109.00
The five stocks with the largest dollar value of insider dispositions in the public market are:

G Mining Ventures Corp —–Sell Quantity: -514,622 Average cost: $13.17 Total: -$6,780,144.22 Options Issued: 34,622 Average cost: $0.00 Total: $0.00
Insider Relationship Transaction Date Quantity Price Total
La Mancha Capital Management GP 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-13-25 -160,000 $13.19 -$2,109,904.00
La Mancha Investments S.à r.l. 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-13-25 -160,000 $13.19 -$2,109,904.00
Loza-Sawiris, Yousriya 3 – 10% Security Holder of Issuer 10 – Acquisition or disposition in the public market 01-13-25 -160,000 $13.19 -$2,109,904.00
MacDonald, Norman 4 – Director of Issuer 51 – Exercise of options 01-13-25 34,622 $0.00 $0.00
MacDonald, Norman 4 – Director of Issuer 10 – Acquisition or disposition in the public market 01-13-25 -34,622 $13.01 -$450,432.22
Canadian Natural Resources Limited —–Sell Quantity: -85,504 Average cost: $45.00 Total: -$3,847,721.98 Options Issued: 85,504 Average cost: $10.85 Total: $927,977.44
Insider Relationship Transaction Date Quantity Price Total
Balog, Brenda Gayle 5 – Senior Officer of Issuer 51 – Exercise of options 01-13-25 4,504 $19.36 $87,197.44
Balog, Brenda Gayle 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-13-25 -4,504 $45.37 -$204,341.98
Stainthorpe, Mark Allen 5 – Senior Officer of Issuer 51 – Exercise of options 01-15-25 81,000 $10.38 $840,780.00
Stainthorpe, Mark Allen 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-15-25 -81,000 $44.98 -$3,643,380.00
Peyto Exploration & Development Corp —–Sell Quantity: -103,000 Average cost: $17.09 Total: -$1,760,770.00 Options Issued: 105,000 Average cost: $11.85 Total: $1,244,250.00
Insider Relationship Transaction Date Quantity Price Total
Lachance, Jean-Paul Henri 4 – Director of Issuer, 5 – Senior Officer of Issuer 51 – Exercise of options 01-13-25 35,000 $9.49 $332,150.00
Lachance, Jean-Paul Henri 4 – Director of Issuer, 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-13-25 -35,000 $17.20 -$602,000.00
Lachance, Jean-Paul Henri 4 – Director of Issuer, 5 – Senior Officer of Issuer 51 – Exercise of options 01-14-25 38,300 $12.38 $474,323.00
Lachance, Jean-Paul Henri 4 – Director of Issuer, 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-14-25 -38,300 $16.96 -$649,680.00
Lachance, Jean-Paul Henri 4 – Director of Issuer, 5 – Senior Officer of Issuer 51 – Exercise of options 01-15-25 31,700 $13.81 $437,777.00
Lachance, Jean-Paul Henri 4 – Director of Issuer, 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-15-25 -31,700 $17.10 -$542,070.00
Carlson, Tavis Aaron 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-16-25 2,000 $16.49 $32,980.00
Byrna Technologies, Inc —–Sell Quantity: -43,731 Average cost: $39.89 Total: -$1,744,562.19
Insider Relationship Transaction Date Quantity Price Total
Eng, Victor 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-15-25 -43,731 $39.89 -$1,744,562.19
Agnico Eagle Mines Limited —–Sell Quantity: -10,000 Average cost: $120.27 Total: -$1,202,730.00
Insider Relationship Transaction Date Quantity Price Total
Girard, Dominique 5 – Senior Officer of Issuer 10 – Acquisition or disposition in the public market 01-14-25 -10,000 $120.27 -$1,202,730.00


What is Insider Trading?

How Insider Trading works.

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10 Busiest Airports in Canada

By Lisa Nathalie

January 17th, 2025

BURLINGTON, ON

 

 Canada is home to some of the most diverse bucket-list destinations on the planet — it has some of the best ski slopes, thousands of kilometres of untouched nature, and multiple hubs of commerce and entertainment of international renown. This, coupled with its expansive tourism push in recent years, means that Canada relies on an adaptable and modern aviation industry.

Luckily for tourists and Canadians alike, the nation hosts North America’s busiest and most technologically advanced airports, perfect for handling the influx of tourism expected over the next ten years. Take a look at the top ten busiest airports in Canada.

10. Kelowna International Airport (YLW)

Kelowna Airport – gets people into the heart of British Columbia wine regions.

You can fly into Kelowna, a critical gateway to British Columbia’s Okanagan region, to explore some of Canada’s best wineries, lake regions, and the breathtaking scenery of Osoyoos. The airport serves around 2,000,000 passengers a year and offers destinations nationwide and routes all the way down to sunny Mexico.

9. Billy Bishop Toronto City Airport (YTZ)

The Billy Bishop Airport is minutes from Toronto’s downtown core.

Toronto’s second-largest airport, situated on the Toronto Islands, is named after one of Canada’s most iconic fighter pilots. This airport caters to just over 2,000,000 passengers a year and makes a great alternative to the massive Toronto Pearson International Airport, especially if you’re looking for either domestic or short-haul flights. You can expect shorter security queues and faster processing times so that you can make every minute count of your vacation or work trip.

8. Halifax Stanfield International Airport (YHZ)

Coming in at 8th place on the list is Halifax Stanfield. The airport serves the Halifax region, mainland Nova Scotia, and other areas in the Maritime provinces. As Canada’s easternmost international airport, it is a vital connection for rural communities and also provides hundreds of jobs for the region’s tourism sector. The airport generated a massive C$4.2 billion for the Nova Scotia economy in 2023 alone, and with a rise of over 20%, it’s expected to continue to grow in the coming years.

The airport is also home to numerous Fixed-Based Operators (FBOs), private companies that provide essential aviation services like fuel, parking, maintenance, and passenger amenities.

7. Winnipeg James Armstrong Richardson International Airport (YWG)

Winnipeg James Armstrong Richardson International Airport, located in the Winnipeg Capital Region, handled just over 4 million passengers last year. YWG is crucial for connecting small communities living in difficult conditions with regularly scheduled flights to Northern Manitoba, Northwestern Ontario, and Nunavut.

6. Ottawa/Macdonald–Cartier International Airport (YOW)

As the airport serving Canada’s capital city, Ottawa International is a home base for  Canadian North and a major hub for Porter Airlines, which is investing $65 million into the airport infrastructure over the coming years. The airport serves the National Capital Region with over 4 million passengers annually — a 36.9% increase on the previous year, the highest such growth among Canada’s busiest airports.

The airport’s modern terminal, extended in 2008, features artwork reflecting the region’s history and culture, creating a uniquely Canadian welcome for first-time visitors to the country.

5. Edmonton International Airport (YEG)

Climbing into the top 5 busiest airports in Canada sees a marked jump in passenger numbers, with a massive 7.4 million passengers flying in and out of Edmonton International Airport. The airport caters to residents and visitors to the Edmonton Metro Region, some three hours north of Calgary.

The airport itself is so busy due to the lack of other major cities in the region, making it the only major airport for those travelling from Alberta and Saskatchewan.

4. Calgary International Airport (YYC)

Calgary International Airport, also known as “the gateway to the Rockies,” serves a whopping 18.5 million passengers a year. One reason for YYC’s huge numbers is its proximity to Banff and Canada’s impressive range of ski destinations.

YYC is home to two terminals — one domestic and one international — and serves as the main hub for Canadian airline WestJet. The airport offers world-class accessibility with modern parking systems, easy-to-use car rental services, and the reliable Calgary Transit System, which offers routes across the region.

3. Montréal–Trudeau International Airport (YUL)

Serving the Greater Montreal area, Montréal–Trudeau International Airport is a bustling hub that managed over 21 million passengers in 2023. This large operation is the region’s primary link between Canada’s French-speaking population and the rest of the world.

YUL’s strategic location makes it perfect for transatlantic flights, with popular routes to Paris, London, and Frankfurt. This dynamic location, combined with a modern general aviation terminal, makes it an ideal airport for those looking to charter a private plane to Europe and beyond. Domestic travellers also benefit from frequent flights to Toronto, Vancouver, and Halifax.

2. Vancouver International Airport (YVR)

Some people choose to dine at the airport before their departure. Vancouver has a superb restaurant that uses an Indigenous theme at its entrance.

Vancouver International Airport, nestled on Sea Island in Richmond, British Columbia, is the busiest airport in Western Canada. Welcoming almost 25 million passengers in 2023, the airport is the ultimate gateway to the region’s surrounding mountains, lakes, and the icy North Pacific. YVR is consistently ranked as one of the best airports in North America and was most recently named as the number-one airport on the continent in 2024.

Vancouver International is also the nation’s best link to Asia, with frequent flights to Tokyo, Hong Kong, and Seoul. Its location also makes it a popular stopover for flights to Australia and New Zealand.

1. Toronto Pearson International Airport (YYZ)

Toronto’s Pearson Airport

With almost double the capacity of number two on the list, Toronto has been Canada’s busiest airport for decades. It’s the primary hub for Air Canada and the second busiest arrivals hub for international travellers to North America. Serving the Greater Toronto Area, Pearson handled an impressive 44.8 million passengers in 2023, making it the pride of Canada’s already-impressive aviation industry.

Located just outside Toronto in Mississauga, Pearson offers direct flights to destinations on every continent. With its cutting-edge amenities, including world-class dining and shopping, Toronto Pearson sets the standard for Canadian airports when it comes to sheer size and availability.

Canada, Connected

With some of the most forward-thinking, accessible, and downright massive airports in North America, Canada continues to impress year-on-year with its dazzling array of airports. Vancouver continues to offer the best service in North America, Toronto Pearson connects you to the world with ease, and Calgary, Halifax, and Winnipeg airports continue to provide a vital lifeline to some of the continent’s remotest communities.

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Just how much trouble is North American media in?

By Pepper Parr

January 17th, 2025

BURLINGTON, ON

If you want to know just how much trouble media is in North America try this on for size.

Jeff Bezos with his second wife Laura Sanchez

The Washington Post, owned by Jeff Bezos, who owns the Amazon organization told the Post editorial staff they were not to endorse any candidate during the election.

The Post was said to be getting ready to endorse Kamala Harris.

The Post had a tag line, Democracy Dies in Darkness, that was always published under the title of the newspaper.

Continue reading Just how much trouble is North American media in?

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Shocking Truth: How Economic Sanctions Are Crashing Global Currencies

By John Nicolic

January 17th, 2025

BURLINGTON, ON

One or more countries can take economic sanctions against another country in order for the latter state to lose certain economic opportunities. Sanctions aim to change the state’s behavior, decrease its economy, or penalize it for the occurrence of international violations. Trade restrictions, asset freezes, and restrictions on financial transactions are all sorts of sanctions.

These measures have a variety of impacts on the target country’s economy, from reducing export dollars to raising import costs and foreign investment. A perfect example here is Russia right now. Sanctions also have a psychological effect on consumers and investors, which leads to huge capital outflow, and a devaluation of national currencies.

Sanctions and National Currencies

Often, countries under sanctions have very devalued their national currencies. This is due to several factors:

  • Access to international capital markets is restricted;
  • Cuts in exports because of trade bans;
  • Loss of investor confidence and huge capital outflow;
  • Foreign currency reserves liquidation.

The ruble lost a lot of its value after, for example, in 2014 when sanctions were imposed on Russia. A sharp drop in export revenues particularly in the form of oil and gas sales led to such a shortage of foreign exchange earnings that proved to be the main factor.

The Case of Iran

Iran has been facing sanctions for decades, which has had serious consequences for its national currency, the rial. The main effects include persistent inflation due to restrictions on imports of vital goods, a decline in the foreign exchange reserves needed to maintain the currency, and the emergence of a shadow market for currency exchange where the rial’s exchange rate differs significantly from the official rate.

In addition to that, Iran has been forced to look for alternatives to trading, and one of them was using barter transactions or cryptocurrency. This example serves global Forex trader a reminder that geopolitical factors need to be factored in before looking at currency risk.

The Venezuelan Crisis

The economic downturn in Venezuela has been exacerbated by falling oil prices, with sanctions against Venezuela among the possible culprits. The national currency — the Bolivar — has effectively become nearly worthless and hyperinflation has gone into hyperdrive. The loss of oil revenues as the primary foreign exchange source made it impossible to raise capital abroad, and the loss of trust in the economic system by the domestic and foreign public (citizens and the international community) had been key causes.

In this case, we see the negative impact of reliance on a single export commodity that renders an economy vulnerable to sanctions and global shocks. What is more, such crises show how quickly macroeconomic problems can grow into the total collapse of the economy.

Impact of sanctions on Venezuela:

 

Factor Consequences
Loss of oil revenues Decrease in foreign exchange reserves
Restrictions on financial transactions Inability to attract foreign capital
Loss of confidence in the economic system Hyperinflation and devaluation of the bolivar

The example of Venezuela for global traders demonstrates why it is never a bad idea to diversify and remember geopolitical factors when thinking about currency risk. This is precisely the situation in which you should pay to have your investments handled by brokers such as the xChief. A proven forex broker will reduce the impact of these factors on your investment, plus supply you with quality analytics.

Ripple Effects on Global Markets

Sanctions hit their targets as well as the global markets. The main consequence is an increase in the price of commodities such as oil and gas because of less supplies. Increased volatility in currency markets means both threat and opportunity for traders: The sanctions strengthen alternate currency usage such as the Chinese yuan or cryptocurrencies as a means to avoid sanctions restrictions. The situation is that reduced world economic growth results from falling international trade. As a result, often sanctions completely upset the global currency landscape, launch new financial alliances, and intensify the need for portfolio diversification on the investor’s side.

Lessons for Traders

Sanctions need to be considered in any trader’s strategy. Key lessons include:

  1. Check on the news imposing or tightening sanctions that may have an impact on currencies and stock prices;
  2. Analyze the long-term effects on a currency due to sanctions, including a dependency on the export of a limited commodity;
  3. Of course, diversify the portfolio to mitigate the exposure to geopolitical risks;
  4. To minimize the losses that occur during volatility, use risk management tools like stop losses and limit orders.

The currencies of countries not covered by sanctions can be also thought of as attractive to investors in conditions of geopolitical instability. For example, you might think the US dollar, or the Swiss franc, is a safe haven.

Conclusion

Exchange rates and global economic stability are influenced by economic sanctions. However, analyzing their impact allows the traders to understand better currency market dynamics and minimize risk. Past cases provide lessons that for success in foreign exchange markets you need to be flexible, driven, and able to adapt to changing geopolitical circumstances.

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Doug Ford’s housing failure cost billions in lost investment last year

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

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Play Airlines announced yesterday that their last flight out of Hamilton will be on April 22.

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.

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Insider Trading Data Filed Friday, January 10, 2025 to Sunday, January 12, 2025

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.

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Insider Trading Data Filed Wednesday, January 8, 2025 to Thursday, January 9, 2025

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.

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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?

News 100 redBy 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?

Strata

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.

Taylor with Black smiling

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?

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Insider Trading Data Filed Friday December 27th, 2024 to Sunday December 30th, 2024

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.

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Boxing day has a long history; one that we do not share with our neighbours to the south.

background 100By 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.

Boxing day - regency

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

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.

Boxing day - soccer

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.

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Insider Trading Data Filed Friday, December 20th to Sunday, December 22, 2024

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


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Why does mobile gaming continue to grow?

 

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?

 

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Insider Trading Data Filed Tuesday, December 17, 2024

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


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Insider Trading Data Filed Thursday December 12th, 2024

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?

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McKiel Marine has fitted propeller shafts on 122 ships that ply the Great Lakes

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

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Insider Trading Data Filed Thursday, December 5th, 2024

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.

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