April 25, 2024
Funds

Dye & Durham in crosshairs of activist funds Blacksheep and Engine

A second activist investor is targeting legal software provider Dye & Durham Ltd. The Toronto company said Monday it had received notice from Blacksheep Fund Management that the Irish hedge fund may nominate its chief investment officer to join D&D’s seven-person board at its next scheduled shareholder meeting Aug. 20. That meeting was called after

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Mortgage

A government mortgage policy that makes sense – with one glaring question

Open this photo in gallery: Homes under construction in an Ottawa suburb on Oct. 15, 2021.Adrian Wyld/The Canadian Press The state of Canadian housing affordability has long been an acute issue, but government policy attempts to ease the pressure haven’t always made good sense. That’s why we were pleasantly surprised to see the federal government

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Crypto

Opinion: My ill-fated dip in the cesspool of cryptocurrency

Open this photo in gallery: Representations of cryptocurrency Bitcoin in Paris on March 9.Benoit Tessier/Reuters Rob Csernyik is a 2022 Michener-Deacon fellow and a contributing columnist for The Globe and Mail. When Bitcoin hit an all-time high of nearly US$74,000 on March 14 – pushing the cryptocurrency market to a dizzying US$2.8-trillion – I was

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Funds

Opinion: Deals of the year: Companies offer big discounts to raise funds

Retailers wait until Boxing Day to slash prices. Not investment banks. Dealers that raise the money Corporate Canada needs to pay for takeovers have been selling stock at bargain-basement prices all year long to get deals done. Rising interest rates and economic uncertainty have upset what had been a sweet, decade-long run for Bay Street’s

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