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Richard Dias, CFA reposted thishttps://lnkd.in/epPEH7dY … super interesting, thanks for sharing!Richard Dias, CFA reposted thisFOG OF WAR - who can help? See our latest on Iran: https://lnkd.in/epPEH7dY We thought it might be useful to share one of the smaller “intel nodes” we recently spun up to help navigate the current bewildering “fog of war.” This small intel node emerged somewhat organically. As part of our much broader work on AI-driven investment reasoning, several clients recently asked whether we could quickly assemble something that might help track and interpret the fast-moving situation in the Middle East Situations like this highlight just how difficult real-time analysis can be. Much of the signal is qualitative rather than numerical: narratives, interpretations, incentives, and the credibility of sources - all moving dynamically. The information landscape is rapidly evolving, facts are often fragmentary, and many sources come with uncertain or shifting biases. At the same time, the key questions involve a mix of short-term market reactions and longer-term strategic consequences. This is precisely the kind of environment where traditional quantitative analytical tools struggle, and where analysts and decision-makers (who typically other responsibilities and focus areas) find it difficult to get their arms around the situation, let alone keep up with it. It is also why we believe the next frontier is “qualitative compute”: AI systems capable of reasoning across fragmented signals, competing narratives, evolving evidence, and uncertain source credibility. The link above should therefore be considered a quick experimental 'intel node', assembled rapidly from components of our broader platform. It is very much an early subset prototype, built quickly for a timely situation, but it gives a sense of the direction we’re heading. We’ve been operating in stealth mode since pivoting to an AI-native architecture in Q4 2024, and will resurface soon with what we believe is a ground-breaking investment reasoning platform. More soon. #assetmanagement #wealthmanagement #familyoffices #portfoliomanagement #macro #geopolitics #markets #hedgefunds #cfo #cio #middleeast #iran
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Richard Dias, CFA shared thisThe World consumes 105 million barrels of oil per day. The People and Parties that spent a decade trying to convince Canadians that crude oil was dead should be mocked and vilified. Canada has a strategic opportunity and a moral imperative to exploit its natural resources.
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Richard Dias, CFA shared thisOne the best Loonie Hour episodes yet!Richard Dias, CFA shared thisWhat happens when governments fail to protect private property rights? This week on The Loonie Hour Podcast, we’re joined by Thomas Isaac, a leading First Nations lawyer, to discuss private property rights, DRIPA, and the challenges facing major resource development in Canada. Have a listen - https://thelooniehour.ca
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Richard Dias, CFA shared thisPlease check out my breakdown of Canada's Big Beautiful Budget Deficit! https://lnkd.in/e24ByDPCCanada's 2025 Budget; The Good, The Bad & The Ugly | IceCap Canadian Market Wrap Episode 62Canada's 2025 Budget; The Good, The Bad & The Ugly | IceCap Canadian Market Wrap Episode 62
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Richard Dias, CFA shared thisSolving Canada's structural problems will NOT come from ever more Government spending. Our Federal & Provincial Govts. must facilitate and encourage the deployment of PRIVATE capital, without which Canada's Labour Force Productivity Growth will not improve.
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Richard Dias, CFA shared thisThe Government's Economic Footprint is at a 30-year high, at the same time as we face a productivity emergency. Perhaps it is time for a change in philosophy. Doing the same thing and expecting a different result is getting old.
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Richard Dias, CFA reposted thisRichard Dias, CFA reposted thisHas a new rate-cutting cycle begun!? 🇨🇦 + 🇺🇸 We tackle all the news this week + Canada's productivity crisis with Richard Dias, CFA 🎥: https://lnkd.in/gJCZApfw 🎧: https://lnkd.in/gUJGvb4H
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Richard Dias, CFA shared thisWith fiscal discipline anathema and a central bank likely to provide cover for more profligacy by cutting rates in the face of rising core inflation, Canadian government bonds (and those of other governments, too) will see yields rise, producing some unpleasant experiences for investors.
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Richard Dias, CFA shared thisCanada Sells Natural Resources (Crude Oil) to Pay for Imported Goods. No amount of government sophistry will change this. The sooner Canadians make peace with this fact, the sooner Canada can move forward.
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Richard Dias, CFA liked thisRichard Dias, CFA liked thisAlmost everyone loses... except a few sharks "Prediction-market contracts are binary contingent claims that pay out on the resolution of an underlying event, and trading is zero-sum: every dollar gained by one trader is lost by another. Unlike equity markets, there is no equity premium, no dividends, and no passive investment options. [..] Who wins and who loses in prediction markets? [..] Do prediction markets function primarily as information-aggregation mechanisms or as speculative financial instruments? [..] Profits are concentrated: the top 1% of users capture 76.5% of all gains, while the median user loses money, consistent with a near-zero-sum market. Prices are relatively efficient and informative on aggregate [..] Yet this efficiency is itself the central hazard for investors: because prices already reflect the collective wisdom of all traders, systematic outperformance requires identifying genuine mispricings, a skill concentrated in a tiny number of sophisticated traders. Investors entering prediction markets should therefore treat them as they would other highly competitive financial markets: prices are on average fair, market-level PnL is zero-sum by construction, and the probability of a loss is higher for users who take liquidity, given the spread and information environment they face." - Pat Akey, Vincent Grégoire, Nicolas Harvie and Charles Martineau, pages 2, 4 and 30, (2026) #polymarket #forecast #bet See also: https://lnkd.in/d7X5mhvX https://lnkd.in/emxpQjMZ https://lnkd.in/dUnm-Hk8
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Richard Dias, CFA liked thisCanadian Alternative Mortgage Lenders Association
Canadian Alternative Mortgage Lenders Association
2wRichard Dias, CFA liked thisLearning from our #camlaONexpo2026 keynote speaker, Richard Dias, CFA, Micro Strategist -
Richard Dias, CFA liked thisRichard Dias, CFA liked thisMeet Matthew Peris, our Vice President of Operations 🏒🏙️ From overseeing a growing national commercial portfolio to giving back through community and charity initiatives, Matthew brings leadership, balance, and dedication into everything he does. When he’s not keeping operations running seamlessly at Leyad, you’ll likely find him gearing up for hockey season or spending time supporting causes that matter most to him. At Leyad, we believe great property management goes beyond buildings; it’s about building lasting relationships, strong communities, and a culture people are proud to be part of. ------- Rencontrez Matthew Peris, notre vice-président des opérations 🏒🏙️ De la supervision d’un portefeuille commercial national en pleine croissance à son engagement dans des initiatives communautaires et caritatives, Matthew apporte leadership, équilibre et dévouement à tout ce qu’il entreprend. Lorsqu’il ne veille pas au bon déroulement des opérations chez Leyad, vous le trouverez probablement en train de se préparer pour la saison de hockey ou de consacrer du temps aux causes qui lui tiennent le plus à cœur. Chez Leyad, nous croyons qu’une excellente gestion immobilière va bien au-delà des bâtiments; il s’agit de bâtir des relations durables, des communautés fortes et une culture dont chacun peut être fier de faire partie. - - - #Leyad #Operations #Leadership #CompanyCulture #WorkLifeBalance #CommercialRealEstate
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Richard Dias, CFA liked thisRichard Dias, CFA liked thisCongratulations to Pat Akey, Associate Professor in Finance at ESSEC Business School, whose article "Noisy Factors in Law?" published in the The University of Chicago Law Review, has been selected as one of the Top 10 Corporate and Securities Articles of 2025. This distinction was announced as part of the results from the Corporate Practice Commentator's thirty-first annual poll. Teachers in corporate and securities law were asked to select the best corporate and securities articles from a list of over 440 articles published in legal journals during 2025. Roméo Tédongap Sofia Ramos
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Richard Dias, CFA liked thisRichard Dias, CFA liked thisI am pleased to announce I will be joining FTI Consulting as Managing Director, Turnaround & Restructuring, based in Montreal. I am grateful for the relationships built over the years and looking forward to strengthening our collaboration in this next chapter. J’ai le plaisir d’annoncer que je rejoindrai FTI Consulting en tant que Directeur Général, Redressement & Restructuration, basé à Montréal. Je suis reconnaissant pour les relations établies au fil des années et impatient de renforcer notre collaboration dans ce nouveau chapitre. Martin Franco CPA, CIRP, SAI, Patrick Fillion, CPA, CF, Sebastien Beaulieu CPA, Jordan Ouellet-Arijon, CPA, Oswaldo Vibert, CPA, Tomas Kalos, CPA Auditor Let's Go! 🚀
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Richard Dias, CFA liked thisRichard Dias, CFA liked thisSome news to share, and one that’s a little bittersweet 💜 Over the past year, I’ve had the absolute privilege of working with the incredible team at Emerging Engines, led by the formidable Gabrielle Cutfield. Gabi is a truly special human. The kind of leader who brings both sharp thinking and deep care into every room, and I’ll genuinely miss her and this team a lot. This chapter has been one of the most energising, stretching, and rewarding of my career. Working alongside founders and leadership teams at such pivotal moments, and doing it with a group of people who lead with boldness, heart, and a relentless focus on impact, has been pretty magic. 💫 Late last year, something unexpected happened: Timely (EverWell) became a client of Emerging Engines. Stepping back into that world made me realise just how strong my connection to the people and mission still is. Timely was my first job when I moved to New Zealand in 2019 and coming back into the fold felt a bit like coming home. So when the opportunity came up to make that connection permanent, it felt right. I’m really excited to share that I’ll be stepping into the role of Head of People at EverWell (part of EverCommerce). Leaving Emerging Engines is genuinely hard, especially knowing how much ambition and momentum sits ahead for this team. I’ll be their number one cheerleader from the sidelines, watching in awe as they take on some big, bold moves in the year ahead. 💪 I'll absolutely keep tapping into Gabi’s magic (particularly her world-class exec facilitation) to drive some seriously high-impact outcomes this year. A huge thank you to the Emerging Engines team, and to the incredible clients I’ve had the privilege of working alongside. I’m leaving with a lot of gratitude — and a lot of excitement for what’s ahead. 🫶 #productivitythroughpeople Gabrielle Cutfield, Rachael Fitzjohn, Claire Bond, Kathryn Street, Catherine Collins, Abby Fannin-Robin, Sarah Ashworth - the real MVPs
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AdvisorAnalyst Group Inc.
1K followers
Physical commodities and producers are not the same trade. Bipan Rai, Head of ETF & Alternatives Strategy at BMO Global Asset Management, highlights an important distinction: Owning the physical commodity is very different from owning a miner or producer. Producers carry idiosyncratic risk — permits, capital allocation, execution, operational issues. That makes them a higher-beta play on the underlying commodity. When gold surged more than 65% last year, miners outperformed. But in down years, that leverage works in reverse. The takeaway: producers can amplify returns — in both directions. Investors need to understand that added layer of risk when positioning commodities in a portfolio. #Commodities #Gold #PortfolioConstruction #ETFs #AssetAllocation
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Canadian ETF Association (CETFA)
2K followers
What does “.U” mean on ETF tickers? A “.U” at the end of a Canadian ETF ticker indicates the ETF trades in U.S. dollars rather than Canadian dollars. While the underlying holdings are the same as the CAD version, the trading currency is USD. This can be useful for investors who already hold U.S. dollars or want to avoid currency conversion when buying or selling. #ETFs #InvestingBasics #CurrencyMarkets #FinancialLiteracy #CETFA
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Afriforesight
4K followers
𝗨𝗿𝗮𝗻𝗶𝘂𝗺 𝘀𝗽𝗶𝗸𝗲𝘀 𝗼𝗻 𝗘𝗧𝗙 𝗯𝘂𝘆𝗶𝗻𝗴 On Monday, Canada’s SPROTT received $𝟭��𝟬𝗺𝗻 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 𝘁𝗼 𝗯𝘂𝘆 𝗽𝗵𝘆𝘀𝗶𝗰𝗮𝗹 𝘂𝗿𝗮𝗻𝗶𝘂𝗺, which it holds for ETF investors, boosting uranium market sentiment and prices significantly. The ETF news added to already-strong general positivity around uranium, which had seen prices increasing since March (see graph) on the back of 𝗲𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝗿𝗶𝘀𝗶𝗻𝗴 𝗱𝗲𝗺𝗮𝗻𝗱. 𝗖𝗵𝗶𝗻𝗮 is building about 𝟲𝟬% 𝗼𝗳 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱’𝘀 𝗻𝗲𝘄 𝗿𝗲𝗮𝗰𝘁𝗼𝗿𝘀 while the US, Europe have increased government support for operating reactors and 𝗞𝗮𝘇𝗮𝗸𝗵𝘀𝘁𝗮𝗻 𝗽𝗹𝗮𝗻𝘀 𝘁𝗼 𝗮𝗱𝗱 𝗿𝗲𝗮𝗰𝘁𝗼𝗿𝘀. Meanwhile, global mined uranium supply continues to lag nuclear reactor demand. Nuclear reactors are receiving a boost as sources of clean baseload energy, particularly for energy hungry data centres. #Uranium #ETFs #Sprott #UraniumPrices #NuclearEnergy #CleanEnergy #EnergyTransition #ChinaEnergy #Kazakhstan #BaseloadPower #EnergyDemand #DataCentres #NuclearReactors #Mining #UraniumDemand #CommodityMarkets #EnergySecurity
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Global X Canada
27K followers
New accumulating units. Same market-leading cash solutions. Introducing accumulating units classes for select Global X cash ETFs, designed to automatically reinvest distributions, reduce cash drag, and simplify portfolio management. Global X continues to expand Canada’s largest cash ETF suite with accumulating unit classes designed to help advisors and investors keep cash fully invested with less operational friction. Because better cash management should be simple.
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Elliot Johnson
6K followers
Evolve ETFs is excited to announce that the Evolve Canadian Equity UltraYield ETF (𝗧𝗦𝗫: 𝗖𝗔𝗡𝗬) is now trading on the TSX. 🍁 Modestly 1.33x levered exposure to leading Canadian companies 🍁 Active covered call strategy for enhanced yield 🍁 Distributions paid twice per month https://lnkd.in/gV_f__jT
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Philip Petursson
IG Wealth Management • 6K followers
"Do less" Canadian #CPI came in as expected for June with a headline year-over-year print of 1.9%. But meeting expectations doesn’t make the #interestrate decision easier for the #BankofCanada. At 1.9% #inflation is right on target with respect to the BoC’s range of 2% +/- 1%. Looking deeper into the components shows accelerating inflation for clothing and footwear, as well as health and personal care items. How much of the recent price increase is a consequence of tariffs remains to be seen. Meanwhile, shelter cost inflation has been easing but remains elevated at 2.9% year-over-year. Shelter should continue to be less of a driver of inflation going forward as the base effects from the interest rate increases of prior years fades. This report however, does not give the Bank of Canada the green light to cut its overnight rate in July. In fact, we believe the direction for inflation is higher through the back half of the year – which will keep the Bank on the sidelines. Modelling out inflation through the remainder of 2025 shows an upward trend back towards 3%. Further #tariff pressure will only compound that number. This is the challenge the #BoC has. The higher inflation is more of a math/base effect problem than a true inflation problem. As we drop off the flat/negative month-over-month inflation prints of last year (August, September, November and December) even factoring for only a modest increase in month-over-month inflation of 0.1% will push the yoy print towards 3%. Nonetheless, should the Bank hold firm on its inflation commitment, the likelihood of an additional #ratecut falls further and further away. The Governing Council would have a difficult time justifying an additional rate cut given sticky (and higher) inflation, alongside the better-than-expected June jobs report. “Do less” is the higher probability path forward. The takeaway for investors is that #GovernmentofCanada #bond #yields are likely to push higher while the recent #loonie strength is likely to remain in place, for now. #interestrates #centralbankpolicy #assetallocation #bondyields #fixedincome #bonds #currency #foreignexchange #investing #igwealthmanagement #igwealth #thelivingmarketpodcast
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Pieter Borsje
eona • 17K followers
Mining stocks just reminded everyone what a real liquidity cycle looks like. The TSX Venture Exchange released its TSXV 50 list this week, and it’s basically a scoreboard of where risk capital is rotating. Mining dominated the ranking with 48 of 51 entries. The TSXV 50 delivered an average share price gain of 443 percent in 2025. The group represented 19.9 billion dollars in market capitalization. Forty three of the ranked companies raised over 1.5 billion dollars in 2025. Trading volume hit over 13.2 billion shares, roughly double year on year. The top names tell the story. Santacruz Silver Mining was up roughly 1,100 percent on share price. Ucore Rare Metals posted roughly 1,100 percent market cap growth, with a focus on rare earth processing. This isn’t just speculation. It’s a signal. When gold rallies and rare earths come back into focus, the market does something predictable. It moves upstream. First the metal moves. Then the optionality moves. Then the juniors explode. And when processing stories rank this high, it tells you something bigger. This cycle isn’t only about geology. It’s about strategic supply chains. If you track commodities, track junior markets too. They often show you where the next scarcity premium is forming before the mainstream narrative catches up. Are we entering a sustained hard asset financing cycle, or was 2025 a squeeze that fades?
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Stephen Johnston
Omnigence Asset Management • 32K followers
US versus Canada - cumulative net capital flows since 2000 as a percent of GDP (2025 forecast). This is the "stagnation" in Canada's stagflation trajectory as a visual. Add in persistent current and fiscal account deficits and you get the inflation side of the equation. Are you levered long aggregate Canadian GDP growth and short Canadian inflation without knowing it? Perhaps consider adding exposures that hedge these risks. Arvore Partners | Veripath Farmland Funds
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Kalkine Media Canada
968 followers
PrairieSky Royalty (TSX:PSK) shows mixed valuation signals supported by its S&P/TSX Composite Index context — with premium earnings multiples versus peers and long-term fundamentals diverging from shorter-term trading momentum in the Canadian energy royalty sector. https://zurl.co/ue8ks #PrairieSkyRoyalty #PSK #TSX #TSXComposite #EnergyRoyalties #MarketUpdate #Valuation #EquityNews #InvestorInsights
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Duncan Oil
4K followers
As of March 11, 2026, at 5:40 AM ET, gold and silver prices are showing slight morning volatility as investors react to safe-haven demand and shifting inflation expectations. ✅ Precious Metals Price Snapshot (5:40 AM ET) Gold (Spot): $5,203.80 per ounce. Day Range: $5,183.30 – $5,230.90. 👉Market Sentiment: Trading down roughly 0.73% from the previous close, despite early morning attempts to edge higher on Reuters reporting safe-haven interest. Silver (Spot): $87.42 per ounce. Day Range: $86.56 – $89.71. 👉Market Sentiment: Down approximately 2.43% from the last close, experiencing sharper selling pressure than gold 👉 Key Market Drivers 👈 Safe-Haven Demand: Intensified airstrikes in the Middle East have pushed some investors toward bullion, even as markets bet on a potential diplomatic end to the conflict. Inflation & Fed Policy: Market participants are closely watching for upcoming U.S. Consumer Price Index (CPI) data to gauge the Federal Reserve's next interest rate move. Energy Prices: A retreat in oil prices below $90 per barrel has briefly eased broader inflation jitters, which often acts as a headwind for precious metals. Domestic Market Impact: In India, Moneycontrol reports that MCX gold is trading near ₹1.63 lakh per 10g, while silver has declined over 1.5%.
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Bayan Uralbayeva
Risk-Enterprise • 7K followers
This is a substantial resource upgrade that positions Canada Nickel as a key emerging player in North America’s critical minerals strategy. In a credit and investment risk analysis, the scale and grade uplift enhance long-term project economics, improve asset valuations, and strengthen the company’s potential for strategic offtake and financing partnerships, particularly as demand for battery-grade nickel intensifies. #creditrisk #nickel #criticalminerals #investmentrisk #projectfinance #mining
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Monex Canada
4K followers
The loonie found support as risk appetite improved on renewed hopes for diplomatic progress, though gains remain tentative ahead of key central bank decisions. With domestic catalysts limited, CAD direction will depend on oil prices, broader sentiment, and how markets interpret upcoming policy signals. https://loom.ly/Iuc8qxs #CAD #CentralBanks #OilPrices #FXMarkets #ForeignExchange #FinancialServices #FXTraders
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Spyros Karellas
Pinnacle Capital Markets LTD. • 5K followers
Troilus Upsizes Debt Financing Mandate for up to US$1.2 Billion MONTREAL, May 05, 2026 (GLOBE NEWSWIRE) -- Troilus Mining Corp. (TSX: TLG; OTCQX: CHXMF; FSE: CM5) (“Troilus” or the “Company”) is pleased to announce that it has further increased its previously announced debt financing mandate from up to US$1.0 billion to up to US$1.2 billion, reflecting continued strong lender support and advancing progress toward a fully funded construction package for the Troilus copper-gold project (the “Project”), located in north-central Québec, Canada. The financing is being led by a syndicate of leading global financial institutions, including Societe Generale, KfW IPEX-Bank, and Export Development Canada (“EDC”) (together, the “Mandated Lead Arrangers” or “MLAs”), and is expected to form the cornerstone of the Project’s overall financing structure. The increased mandate underscores the strong alignment between Troilus and its lending partners, supported by the Project’s scale, long-life production profile, and growing strategic importance as one of North America’s next major copper-gold mines. The structure of the facility is expected to provide a flexible, competitively priced source of capital, with meaningful support from export credit agency partners. Justin Reid, CEO of Troilus, commented, “The increase of up to US$1.2 billion marks a major milestone as we advance the debt financing along with other components of the project financing package, to position Troilus toward a fully funded construction decision. This expanded mandate reflects the significant progress made by the Company through basic and into detailed engineering, which has provided the lending syndicate with increased confidence as our execution plan becomes more clearly defined. Troilus is also a uniquely flexible asset. We will produce doré on site, while also shipping a precious metal rich copper concentrate to both international and domestic markets. That level of optionality is a real strength of the Project as we move through the final gating items required to advance to construction.” For a Full TLG: TSX Profile View and Full Press Release visit them at: https://lnkd.in/g52GXJbv #goldmining #preciousmetals #miningstocks #goldstocks #investing #stockstowatch #smallcapstocks #stockmarketinvesting #stockstobuy #investments #investors #gold #goldinvestment #investment #Quebec #tsx #exploration #stocks #mining #invest #TroilusGold #Copper #QuebecMining
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Kambiz K.
Validus Risk Management • 5K followers
Sanity checking the often forgotten FX exposure in a portfolio is a key part of risk management and a potential source of performance. Not doing anything about a portfolio’s FX exposure is actually equivalent to taking a very strong view on it! #riskmanagement #hegding #FX #foreignexchange #markets #investing
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combined mining company
73 followers
Investor Outlook: Gold at Record Highs As highlighted by BNN Bloomberg, gold has surged to historic levels, driven by central bank accumulation, particularly from China, alongside investor confidence in precious metals as a hedge against uncertainty. At Combined Mining Company, we recognize this momentum as validation of our long-term strategy: strengthening local exploration and delivering sustainable gold mining operations in Africa. Our commitment is not only to meet market demand but also to position Uganda and the region as a central player in the global precious metals market. The future is golden — literally and strategically. — Dr. Jennifer Kamusana Managing Director | Combined Mining Company #Gold #Mining #InvestmentOpportunities #CombinedMiningCompany #InvestorOutlook
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Tim Murphy
Advocacy Commerce Limited • 3K followers
The Most Polite Wealth Transfer in History Canada's 2025 industrial policy is dead last among rich countries After researching and cross-checking PBO, IMF, OECD, ISED, and company filings, the numbers are in—and they are merciless. Canada runs the single least effective industrial policy of any developed nation. Composite score: 8.8 / 100 Dead last. Behind Romania. Behind South Africa. Canada is not short on cash. Ottawa has committed $78 billion+ in deficit spending to SIF, EV battery megaprojects, and “net-zero” grants. The problem is not the size of the cheques; it's who cashes them. Four Fatal Design Flaws Zero Transparency (15/100) Singapore → quarterly public dashboards US CHIPS Act → 90-day project scorecards Canada → one redacted annual report → PBO cannot even audit the $15 B Stellantis or $13 B VW deals. Northvolt collapse? $1.34 B at risk, zero clawbacks. Zero Domestic Retention (10/100) Taiwan keeps 100 % of the IP. Japan screens foreign takeovers. Canada has no golden shares, no licensing-back, no local-content mandates. → 70–80 % of the value leaves the country (PBO & IMF 2025). Next To No Private Crowd-in (10/100) ISED claims “9:1 leverage.” PBO-verified reality: 0.8–1.5 : 1. Foreign parents pocket the subsidy, invest the bare minimum, and repatriate everything. No Reinvestment Loop (8/100) South Korea’s NPS → 70–75 % domestic reinvestment Japan’s GPIF → 20–25 % strategic domestic allocation Canada’s CPP → ~12 % domestic exposure → Profits go to Seoul, Wolfsburg, or Helsinki. They never come back to seed the next Canadian champion. Net result: 18–31 cents of domestic GDP per dollar spent versus $6–10 in Singapore, Taiwan, Israel, Korea, Japan. Who Wins? Foreign multinationals (LG, Stellantis, VW, Honda, Nokia) → 70–80 % of the upside Global asset managers (Brookfield, BlackRock, KKR) → 2 % fees + 20 % carry on mostly taxpayer money Consultants, lawyers, lobbyists (hundreds of millions in fees) Politicians (photo-ops and “jobs announced” headlines and zero culpability) Who Loses? Every Canadian taxpayer, entrepreneur, pensioner, and the next generation. Every serious peer country has built legal and institutional guardrails to keep the upside at home and make it compound. Canada has consciously chose the opposite path. That is the policy. Until we demand... real-time public scorecards ≥50 % domestic retention mandates enforceable clawbacks …every new $15-billion battery-plant ribbon-cutting is just the next instalment in the largest, quietest, most polite wealth transfer in history. You can’t unsee the numbers.
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Randall Bartlett, CFA
Desjardins • 4K followers
Canada: Rate Cuts Imminent as Inflation Remains Below the BoC’s 2% Target https://lnkd.in/gpDdEhBw Headline CPI rose 1.9% y/y in August, up from 1.7% y/y in July, but slightly below the consensus expectation of economists (2.0%). Prices moved down 0.1% month‑over‑month but rose 0.2% after adjusting for seasonal effects. Headline inflation came in below the Bank of Canada’s (BoC’s) 2% inflation target for the fifth consecutive month in August. While lower energy prices continued to keep a lid on inflation in August, changes in other price categories were more mixed. The price of food edged higher. Shelter inflation slowed in August. The BoC’s preferred measures of core inflation—CPI median and trimmed mean—were broadly unchanged (graph). While underlying inflation proved somewhat sticky in August, the trend is undoubtedly its friend. With the removal of retaliatory tariffs on over $44B in imports from the US, CPI inflation is expected to gradually track lower going forward. And when combined with a weak economy and labour market, we maintain our long‑held call the the Bank of Canada will cut the policy rate by 25 basis points tomorrow.
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GyaanSetu Business
482 followers
Silver Prices To Rebound To $52 In Near Term, ETFs Outperform Physical Metal Silver fund of funds also mirrored this trend, delivering one-year returns of around 49 per cent to 50 per cent. The minor difference in performance versus ETFs stems from fund-level expenses. https://lnkd.in/gXmjYeGT
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