Thank God for Tony Clement! I’m probably the only Potash (POT:TSX) shareholder to ever say that out loud. But with the shares closing at $152.56 yesterday, there are plenty of people who should be grateful that Minister Clement didn’t allow them to tender to BHP for $139/share, or $145 for that matter. A mere few
Mark McQueen on BNN’s The Pitch
For those of you who missed it, Wellington Financial’s Mark McQueen was on today’s BNN’s The Pitch as one of the panelists. In this episode, Zaheed Poptia, co-founder of CardSwap, talked about his Company – where gift card holders can go to redeem unwanted gift cards for cash.  Also on the show, Matthew Clancy, President of
Fickle Rules in Bank M&A Land
The market can be fickle. You’ve got to commiserate with Bank of Montreal (BMO:TSX) CEO Bill Downe. After years, maybe decades, of waiting to buy the right banking business in the Midwest, his bank pulled the trigger last week with the US$4.1 billion purchase of Marshall & Ilsley. By any metric, the acquisition was inexpensive
Clarus research on Biox
The passage of some pending tax legislation in the U.S. means good news for the folks over at Biox (BX:TSX), operator of Canada’s largest and coolest biodiesel plant (and Wellington Financial Fund III portfolio company). Here’s a report from the equity research team at Clarus Securities: The U.S government has extended the biodiesel tax incentive
