Here’s a stock tip Valeant investors should have heeded: If a company that’s not a bank becomes the largest in Canada, run!
Paul Wells on Stephen Harper’s recent reversals
The anxious tone the Prime Minister recently injected into the debate on Canada’s economic competitiveness was picked up today and amplified by one of the country’s top business lobbyists—Perrin Beatty, president of the Canadian Chamber of Commerce.
Those old Canadian devils—fear of foreigners, a vacuum of national leadership, petty provincialism—are conspiring to rob us
COYNE: Why we need fundamental reforms to our foreign investment laws
In opposing the Potash Corp. takeover, is the province protecting Canada’s interests, or its own bottom line?
Tony Clement’s decision on Potash Corp. looks to have been improvised
BHP takeover could cost the Sask treasury as much as $6 billion
BHP’s bid to buy Potash Corp. has put the global spotlight on Saskatchewan’s business potential
COYNE: A willingness to cash in shows a focus, not on past glories, but on future opportunities
How CEOs became obscenely overpaid, and what can be done about it
Back in August I wrote a piece for the magazine on the inflated value of Potash Corp., the Saskatchewan fertilizer producer that briefly became Canada’s largest company by market cap. A quick recap: Those bullish on the stock pointed to the fast growing middle classes of Asia, and their desire to eat more meat and vegetables, as a sign that demand for potash (which is used to make fertilizer) could only go up. The stock’s promoters pointed to soaring food prices as evidence this was the case.