Winnipeg Free Press Newspaper Archives Aug 21 2015, Page 23

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Winnipeg Free Press (Newspaper) - August 21, 2015, Winnipeg, Manitoba C M Y K PAGE B6 S & P / T S X TSX VENTURE D O W J O N E S N A S D A Q C A N A D I A N S T O C K S FPMARKETS TSX HITS 2015 LOW IN BROAD SELLOFF 13,737.00 - 299.63 - 2.13% 548.92 - 9.25 - 1.66% 16,990.69 - 358.04 - 2.06% 4,877.49 - 141.56 - 2.82% B Y A L E X A N D R A P O S A D Z K I A N D B R I A N M C K E N N A T O R O N T O • North American markets suffered steep losses, with the Toronto Stock Exchange registering a triple- digit decline for a second consecutive day amid weak energy markets, a selloff in China and the expectation that the U. S. Federal Reserve will raise interest rates this fall. The S& P/ TSX composite index closed down 299.63 points at 13,737 in what was its fourth consecutive losing session and one that took Canada’s leading index to lows not seen since mid- December. New York markets were also solidly in the red, with the Dow Jones industrial average plunging 358.04 points to 16,990.69, the Nasdaq giving back 141.56 points to close at 4877.49 and the S& P 500 down 43.88 points at 2035.73. The selloff came after the Shanghai composite index dropped 3.4 per cent on heavy selling of energy and property companies. Light crude oil futures closed at US$ 41.14 a barrel Thursday, up 34 cents from the previous day’s close. The loonie, meanwhile, rose 0.17 of a U. S. cent to 76.45 cents US. On the commodity markets, natural gas was four cents higher at US$ 2.76 per thousand cubic feet. Gold soared US$ 24.90 to US$ 1,153 an ounce. The Canadian Press FP CAREERS Every Wednesday & Saturday Reach quality candidates by showcasing your organization’s employment opportunities. Place your ad today: 1- 866- 588- 7678 | careers@ nationalpost. com For Career Advice For Job Search / jobs C O M M O D I T I E S C R U D E O I L US$ 41.14 US34¢ N Y M E X G A S US$ 2.76 US4¢ G O L D US$ 1,153.00 US$ 24.90 S I L V E R US$ 15.53 US30¢ Name CHANGE LAST VOLUME AG Growth Intl Inc - 0.77 36.54 102,240 Artis Real Estate Invmt Tr - 0.20 12.88 191,149 Bird River Resources Inc nil 0.02 0 Boyd Group Inc ( the) - 0.61 61.79 50,992 Buhler Industries Inc nil 5.85 0 Canickel Mining Limited nil 0.10 500 Empire Industries Inc - 0.01 0.10 25,000 Exchange Income Corporation 0.85 26.38 231,106 FP Newspapers Inc nil 0.58 40,772 Gendis Inc - 0.01 3.49 1,000 Gossan Resources Limited nil 0.02 0 Great West Lifeco Inc - 0.27 34.11 449,721 Hudbay Minerals Inc 0.04 6.67 861,579 IGM Financial Inc - 0.71 36.30 129,729 Lakeview Hotel Investment Corp- 0.04 0.21 500 Lanesborough Real Estate Inv - 0.02 0.23 4,500 Legumex Walker Inc - 0.06 0.98 29,400 Manitoba Telecom Services 0.12 28.92 180,500 Medicure Inc - 0.20 2.85 31,033 Miraculins Inc - 0.01 0.06 508,337 New Flyer Industries Inc - 0.64 19.19 145,587 North West Co Inc - 0.33 27.54 39,360 People Corporation nil 3.50 36,388 Pollard Banknote Ltd - 0.10 7.20 1,140 Temple Hotels Inc nil 1.53 50,200 Winpak Ltd - 0.01 40.64 20,616 Issuer Change Close Vol Issuer Change Close Vol ARC Resources 16.82 - 0.47 941 7.1 35.0 31.90 16.76 - 46.6 Agnico Eagle 35.49 + 0.96 1474 1.2 n. a. 43.70 25.05 - 16.9 Agrium 133.71 - 3.83 366 3.4 17.4 146.51 92.81 + 30.7 Aimia 12.09 - 0.18 984 6.3 67.2 17.97 11.35 - 33.1 Air Canada 11.67 - 0.13 805 n. a. 16.4 15.09 6.52 + 31.9 Aliment B SV 58.01 - 1.10 789 0.4 26.9 60.69 30.88 + 87.5 AltaGas 32.39 - 0.75 313 5.9 62.3 52.60 32.11 - 37.7 Amaya Inc 28.90 - 0.58 412 n. a. 16.1 39.25 22.07 - 3.0 BCE 53.88 - 0.46 1184 4.8 18.3 60.20 46.43 + 10.8 B2Gold 1.77 + 0.07 4917 n. a. n. a. 2.88 1.30 - 36.1 Bank of Mtl 70.05 - 1.44 1211 4.7 11.3 85.71 70.05 - 14.1 Bank of NS 58.58 - 1.30 1840 4.6 10.2 74.39 58.52 - 20.3 Barrick Gold 10.77 + 0.43 4039 1.0 n. a. 20.20 8.60 - 47.6 Baytex Energy 6.63 - 0.47 3415 18.1 n. a. 48.70 6.56 - 85.8 BlackBerry 9.66 - 0.17 1134 n. a. n. a. 15.10 9.30 - 13.4 Bombrdr B SV 1.27 + 0.08 30459 n. a. n. a. 4.43 1.15 - 66.5 BrkfldAsst LV 43.44 - 1.16 986 1.4 10.3 48.64 32.213 + 23.9 BrookfldInfra 52.98 + 0.18 229 5.2 35.3 58.63 40.94 + 17.0 CCL Inds B NV 181.23 - 3.27 71 0.8 25.0 189.88 97.00 + 54.9 CGI Group SV 47.59 - 1.54 610 n. a. 15.5 57.69 36.35 + 26.4 CI Financial 30.98 - 0.77 953 4.3 15.6 36.25 30.56 - 13.0 Cameco 18.15 - 0.01 987 2.2 n. a. 22.46 16.73 - 19.5 CIBC 89.38 - 1.45 1328 4.9 10.2 107.37 88.04 - 14.2 Cdn Natl Rail 75.91 - 2.14 1196 1.6 18.7 88.89 68.81 - 0.4 Cdn Natrl Res 27.53 - 0.77 3329 3.3 19.0 47.53 27.51 - 40.4 Cdn Oil Sands 6.16 + 0.04 2405 3.2 n. a. 23.44 6.01 - 73.2 Cdn Pac Rail 191.49 - 6.92 775 0.7 20.6 247.56 188.40 - 12.9 Cdn Tire A NV 123.77 - 2.89 234 1.7 16.4 137.48 111.22 + 10.7 Cenovus Enrg 16.68 - 0.57 1654 3.8 n. a. 34.70 16.62 - 50.7 Cominar REIT 16.76 - 0.17 746 8.8 11.6 20.11 16.51 - 14.4 ConcordiaHlth 99.52 - 3.68 206 0.4 n. a. 109.77 32.58+ 186.7 ConstlltnSftw 548.84 - 1.83 37 1.0 64.9 598.00 265.64+ 101.2 CrescentPoint 14.07 - 0.66 4097 8.5 52.1 45.04 14.06 - 68.3 Detour Gold 15.03 + 0.29 1069 n. a. n. a. 16.37 6.02 + 9.4 Dollarama 79.28 - 1.70 230 0.5 34.0 81.68 46.11 + 66.7 Eldorado Gold 5.21 + 0.14 2576 0.4 n. a. 9.68 3.94 - 41.9 Element Finl 18.89 - 0.63 1836 n. a. 67.5 20.47 11.50 + 28.3 Emera 44.10 - 1.00 338 4.3 17.6 46.20 33.45 + 26.7 Enbridge 52.13 - 1.71 1439 3.6 n. a. 66.14 47.43 - 5.6 EnCana 8.26 - 0.28 3365 4.4 n. a. 25.69 8.25 - 65.6 FairfaxFin SV 608.60 + 0.67 30 2.1 20.8 739.00 490.00 + 21.5 Finning Intl 20.79 - 0.65 697 3.5 12.9 34.34 20.52 - 37.0 First Quantum 7.33 - 0.30 7409 1.1 8.5 25.65 7.22 - 70.7 Fortis 37.25 - 1.30 585 3.7 17.7 42.23 33.12 + 10.9 Franco- Nevada 61.93 + 2.27 1003 0.2 98.6 74.10 49.96 - 2.5 Genworth MI 28.91 + 0.23 345 5.4 6.9 41.98 27.58 - 24.1 Gildan Actvwr 41.20 - 0.43 404 0.8 32.5 45.73 28.45 + 30.1 Goldcorp 20.26 + 0.41 3078 1.5 n. a. 30.95 16.16 - 34.9 Grt- West Life 34.11 - 0.27 450 3.8 12.6 37.70 29.30 + 7.0 Husky Energy 22.90 - 0.24 871 5.2 88.1 33.62 21.39 - 30.4 Imperial Oil 45.39 - 0.83 520 1.2 17.9 57.96 44.08 - 19.2 Indl- Alliance 42.07 - 0.42 245 2.9 9.4 49.14 38.33 - 11.8 Intact Finl 91.80 - 0.42 263 2.3 15.8 95.77 70.52 + 23.3 Inter Ppln 26.49 - 1.16 638 5.5 25.0 38.95 25.82 - 28.0 Linamar 68.00 - 4.08 250 0.6 11.5 89.42 48.13 + 6.1 Loblaw Cos 72.02 - 1.41 393 1.4 38.2 74.45 52.50 + 36.5 Lundin Mining 4.34 + 0.03 2074 n. a. 12.8 6.46 3.68 - 29.0 MEG Energy 10.69 - 0.06 997 n. a. n. a. 39.01 10.54 - 72.0 METRO 36.78 - 0.75 412 1.3 18.8 38.10 23.417 + 55.8 Magna Intl 66.65 - 2.18 1302 1.7 10.8 74.50 46.445 + 6.4 Manulife Finl 21.34 - 0.49 2480 3.2 13.7 24.20 18.91 - 2.7 Methanex 53.44 - 2.07 328 2.7 12.7 77.82 48.97 - 28.5 National Bank 42.84 - 0.65 1099 4.9 9.5 55.50 42.72 - 13.5 New Gold 3.20 + 0.08 3724 n. a. n. a. 7.13 2.52 - 54.1 Northland Pwr 15.44 - 0.13 672 7.0 n. a. 18.39 14.45 - 14.5 Onex SV 77.07 - 1.02 204 0.3 n. a. 78.50 58.27 + 22.2 Open Text 58.40 - 1.39 251 1.8 23.3 76.71 47.68 - 4.0 Paramount Res 12.70 + 0.36 1181 n. a. n. a. 66.37 11.94 - 78.6 Pembina Ppln 35.62 - 0.94 834 5.1 42.9 53.04 35.59 - 27.8 Peyto Expl 26.38 - 0.99 725 5.0 20.9 38.70 26.27 - 27.2 Potash Corp 33.68 - 0.87 1330 5.9 14.2 47.10 33.64 - 13.2 Power Corp SV 29.00 - 0.26 867 4.3 7.9 34.79 27.60 - 8.0 PrairieSky Rt 24.26 - 0.19 3261 5.4 n. a. 40.45 23.06 - 38.7 Precisn Drill 5.53 - 0.28 1737 5.1 n. a. 13.97 5.52 - 58.1 Rstrnt Brand 53.04 - 2.74 366 0.8 n. a. 58.83 34.02 n. a. RioCan REIT 25.68 - 0.36 466 5.5 16.3 30.25 25.11 - 6.1 RogerCom B NV 45.89 - 0.41 850 4.2 19.0 47.50 40.72 + 5.0 Royal Bank 74.08 - 1.68 3027 4.2 11.4 83.87 71.74 - 9.2 SNC- Lavalin 38.24 - 0.58 304 2.6 4.4 56.85 36.24 - 31.9 Saputo 30.55 - 0.07 578 1.8 20.0 37.58 28.78 - 7.0 Seven Generat 12.91 - 0.87 661 n. a. 67.9 24.70 12.78 n. a. Shaw Com B NV 26.48 - 0.30 869 4.5 16.3 31.93 26.28 - 3.0 Silver Wheatn 18.17 - 0.03 1436 1.4 32.3 29.86 15.79 - 35.0 Sun Life Finl 42.60 - 0.98 1464 3.6 12.4 45.44 35.73 + 4.3 Suncor Energy 34.22 - 0.94 2677 3.4 36.0 44.72 30.89 - 21.6 TELUS 43.99 - 0.58 836 3.8 18.8 45.185 37.13 + 13.7 Tahoe Res 12.77 + 0.32 913 2.5 30.5 28.03 9.66 - 55.8 Teck Res B SV 8.53 + 0.04 2066 3.5 14.2 25.45 8.13 - 66.5 ThomsonReuter 51.90 - 1.42 839 3.4 16.3 54.47 39.45 + 25.7 TD Bank 50.91 - 1.02 2682 4.0 12.4 58.20 49.67 - 11.5 Tourmaline 30.01 - 0.76 930 n. a. 17.2 55.17 29.92 - 43.9 TransCanada 45.09 - 1.15 1065 4.6 18.5 63.86 45.09 - 20.9 TransForce 22.94 - 0.35 996 3.0 14.2 31.60 22.895 - 17.3 Valeant Pharm 298.75 - 21.47 514 n. a. 92.5 347.84 123.35+ 140.7 VermilionEnrg 43.08 + 0.58 445 6.0 38.8 71.21 41.61 - 38.9 West Fraser 53.44 + 0.75 307 0.5 25.3 78.55 49.46 - 0.6 WestJet Airl 24.33 - 0.34 385 2.3 8.9 34.95 21.28 - 17.4 Weston George 110.76 - 2.45 102 1.5 36.4 114.24 85.15 + 29.3 Whitecap Res 10.60 - 0.26 1450 7.1 11.9 18.70 9.75 - 38.4 Yamana Gold 3.15 + 0.16 4664 2.5 n. a. 9.28 2.26 - 66.8 T H E T S X T O P 1 0 0 Net Vol % 52 wk 52 wk 52 wk Stock Close ch 000s yield P/ E high low % ch Net Vol % 52 wk 52 wk 52 wk Stock Close ch 000s yield P/ E high low % ch C U R R E N C I E S Currency In $ Cdn Argentina peso 0.0825 Australia dollar 0.9615 Chinese yuan 0.2049 Denmark krone 0.1963 Dominican peso 0.0292 Euro 1.4654 Hong Kong dollar0.1689 India rupee 0.0200 Japan yen 0.0106 S. Korea won 0.0011 Mexico peso 0.0783 Pakistan rupee 0.0128 Russia rouble 0.0195 Sri Lanka rupee 0.0098 Sweden krona 0.1532 Switzerland franc1.3602 Taiwan dollar 0.0402 U. A. E. dirham 0.3564 U. K. pound 2.0521 U. S. dollar 1.3091 C A N A D I A N D O L L A R US76.45¢ US0.17¢ Currency In $ Cdn Currency In $ Cdn Currency In $ Cdn M A N I T O B A S T O C K S These companies all have headquarters or major operations in Manitoba. Closing values are as of the end of trading yesterday. Provided by Laurentian Bank Securities FUTURES TRADING CANOLA Nov. ‘ 15473.50 481.90 472.80 478.30 473.40 Jan. ‘ 16473.40 482.00 472.20 478.30 473.30 March 474.20 481.80 472.10 478.30 473.10 May 471.00 480.20 471.00 476.70 471.20 July 467.80 475.70 467.80 474.00 468.10 Nov. 453.00 457.00 453.00 454.10 449.20 Jan. ‘ 17 0.00 0.00 0.00 455.30 450.40 March 0.00 0.00 0.00 457.00 452.10 May 0.00 0.00 0.00 457.00 452.10 July 0.00 0.00 0.00 457.00 452.10 Nov. 0.00 0.00 0.00 457.00 452.10 BARLEY ( WESTERN) Oct. ‘ 15 0.00 0.00 0.00 202.10 203.60 Dec. 0.00 0.00 0.00 202.10 203.60 March ‘ 160.00 0.00 0.00 204.10 205.60 May 0.00 0.00 0.00 205.10 206.60 July 0.00 0.00 0.00 205.10 206.60 Oct. 0.00 0.00 0.00 205.10 206.60 Dec. 0.00 0.00 0.00 205.10 206.60 March ‘ 170.00 0.00 0.00 205.10 206.60 May 0.00 0.00 0.00 205.10 206.60 July 0.00 0.00 0.00 205.10 206.60 Oct. 0.00 0.00 0.00 205.10 206.60 WINNIPEG ( CP) — Grain quotes yesterday. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. T H E M A R K E T S O N 0 8 . 2 0 . 1 5 SAVERS & INVESTORS REACH WE MORE 74% THE FREE PRESS IN PRINT OR ONLINE EACH WEEK READ BUSINESS WANTED Local buyer with cash wishes to purchase a niche manufacturing, specialty service or retail business with a consistent earnings record over the past 5 years. Buyer is private individual, not a broker, agent or realtor. Would consider enterprises in the $ 1M to $ 4M value range. Reply in confidence to businessbuyer204@ hotmail. com Seller’s identity will not be revealed to third parties. I F you own investments, you will receive periodic statements with the value of your holdings, the details and perhaps performance. Statements might appear monthly or quarterly in the mail, or you might have converted everything to online access only. Either way, do you have questions about what some of the terms mean? Every week I meet someone who isn’t clear on the industry jargon that is unfortunately still used on many of these statements. Let’s try to clarify a few of those. Account type — the terms used could include Cash, Margin, RRSP, RRIF, LIF, TFSA and a few others. Cash means non- registered or open, which means it is not an RRSP, TFSA or similar, and the investment income is taxable each year. It does not mean all of the money is sitting in cash, but rather it is invested. Each account description will usually identify Canadian or US dollars, the currency in which that account is invested. The terms Balance or Cash ( yes, the same word but in a different context) denote the amount of actual cash balance in that account at month end. “ Margin” is a type of non- registered investment account that has a built- in line of credit, allowing you to purchase investments ( or make withdrawals) “ on margin”, which means with money borrowed from your investment dealer. Most statements start with a portfolio summary on the first page, listing the account type, account number and current value of cash and securities. Securities in this context means money that is invested, as opposed to the cash balance. Confusion can arise when first looking at the summary and then the details of the accounts, because there is repetition. The summary totals everything up, while the details repeat those same amounts but break them down much further. Some companies refer to the investments or securities as positions or holdings. Others group investments by the asset class, which could be cash and short- term, bonds or fixedincome, preferred shares, common stock or equities, and may be further broken down between domestic ( Canadian) and foreign, sometimes further broken down between US and international. In the details, the statement tries to describe the security, though sometimes they use contractions. More detail is always available by looking up the trading symbol. The statement then shows the quantity ( which is the face value of bonds or the number of shares or units you own of a security) and the current market price. If you multiply the quantity by the price, you should get your current market value. Many statements also show book value. This may be the original amount you paid for the security, although book value is actually adjusted over time by things like dividends reinvested into the same security, or return of capital on trust units. ( This may be more detail than you need.) Account activity — this is the area that tells you what has happened in the month. Sometimes there is a summary first, which is an accounting of changes in your cash balance. In addition, or alternatively, some companies just show the activity details. The types of account activity include interest and dividends paid by securities into your cash balance, expenses and fees deducted, deposits, withdrawals and trading activity. This last term refers mostly to purchases or sales of investments. For example, if you sold $ 10,000 of Royal Bank shares, you’d see a $ 10,000 addition to your cash balance when the sale settles. If you then purchased $ 9,000 of BMO shares, this amount would be deducted from your cash balance, leaving a $ 1,000 net balance. However, in a given month you likely started with a certain cash balance, you may have received dividends on shares or interest on fixed- income investments you own, and you paid either a monthly fee from the account, or commissions on the buys and sells. When a transaction occurs, you may receive a confirmation in the mail, which is a half- page statement of what happened. These are sometimes confusing, but become clear if you go carefully through them line by line. They will tell you you bought or sold something, the net proceeds and any transaction costs. This summary just scrapes the surface of all of the terms and jargon used in investing. However, it should help reduce the stress that can arise when you are unclear on what your statements are telling you. Be sure to ask your investment advisor to go through your statements with you, if any questions remain. David Christianson, BA, CFP, R. F. P., TEP, CIM is a financial planner and advisor with Christianson Wealth Advisors, a vice president with National Bank Financial Wealth Management, and author of the book Managing the Bull, A No- Nonsense Guide to Personal Finance. T HE union representing Canada’s meat inspectors says slaughter facilities in Manitoba are severely understaffed and public safety is at risk. Bob Kingston, president of the Public Service Alliance of Canada’s agriculture union, says slaughterhouses in the province typically operate with one- third fewer inspectors than required by the Canadian Food Inspection Agency. That will be exacerbated by the federal government’s decision to cut $ 35 million from the agency’s budget, which will mean 273 fewer inspectors across Canada by 2018, he says. “ Canadians do not trust the food industry to police its own safety practices, yet the government is relying more heavily on food- production companies to self- police,” Kingston said Thursday at a Winnipeg news conference, one of several the union has held across the country recently. “ Without action to address the inspection shortage, it is just a matter of time before the next major food- borne illness outbreak occurs.” Tainted cold cuts from a Maple Leaf plant in Toronto led to an outbreak of listeriosis that killed 22 people across the country in 2008. Chris Aylward, vice- president of the Public Service Alliance of Canada, urged voters to consider food safety when casting a ballot in the upcoming federal election. “ It can’t be much worse than what it is today,” Aylward said. “ For those voters who expect more than what the federal government is delivering on food safety, now is the perfect time to voice your concerns prior to the Oct. 19 election.” — The Canadian Press Financial jargon can be confusing for investors DOLLARS AND SENSE DAVID CHRISTIANSON Union says feds’ plan to eliminate meat inspectors recipe for disaster B_ 06_ Aug- 21- 15_ FP_ 01. indd B6 8/ 20/ 15 9: 02: 24 PM

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