Tech wunderkind Shopify and Brookfield Infrastructure Partners are set to join the big club of corporate Canada – the S&P/TSX 60 index of stocks – while Hudson’s Bay managed to keep its place in the broader index of Canadian equities,. S&P Dow Jones Indices, manager of those two major Canadian stock indexes, announced its quarterly changes to their memberships late Friday. The additions and deletions will go into effect on March 18, before trading opens.
Murray Leith is often asked the same question: “Is now a good time to invest?” Regardless of what’s happening in the markets, his answer is: “It’s almost always a good time to own great businesses.” When it comes to generating wealth, the executive vice-president and director of investment research at Odlum Brown Ltd. says investors should think like business owners, not traders.
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