Commodities

STARS AND DOGS

TECK RESOURCESThings you wish, in hindsight, you had done to better prepare for retirement: 1) Bought six or seven detached houses in Toronto and Vancouver 10 years ago; 2) Become an orthodontist; 3) Loaded up on Teck Resources when it traded for less than $5 earlier this year. Buoyed by cost cuts and recovering commodity prices, the miner of copper, coal and zinc posted a small profit in the second quarter, giving its surging stock another boost.   Saturday, July 30, 2016

Fund founder puts faith in farmers

Over a lobster roll and cod cakes, Tom Eisenhauer confesses to having faced a familiar financial dilemma: He struggled to find a home for his retirement savings.Where the former tech investment banker is a little different from you and me is that his solution was not to buy bonds or stocks for his RRSP, but to create Canada's first and largest farm fund manager, Bonnefield Inc. In the seven years since it was launched, Ottawa- and Torontobased Bonnefield has invested more than $400-million in 77 farms across seven provinces. Performance has been impressive, with funds returning 11 per cent to 13 per cent annually, leading Mr. Eisenhauer, the chief executive officer, and his 16-person team to launch a new fund this month that's expected to bring in an additional $300-million.   Saturday, July 30, 2016

Teck CEO expresses confidence about Fort Hills financing

Diversified miner Teck Resources Ltd. is keen on garnering a new source of revenue by early 2018 from the Fort Hills oil sands project, saying it will be able to comfortably finance its portion of construction in northern Alberta.   Friday, July 29, 2016

Our new thinking must focus on technology, talent and trade

Canada faces a dramatically changed global economy compared with just a couple of years ago. It can no longer rely on high commodity prices or traditional manufacturing for its future export successes and overall wealth. Data-driven business is the future of commerce and all Canadian firms will have to be tech-savvy to succeed. Government trade and economic policies should lay the foundation for their success.   Wednesday, July 27, 2016