Tuesday, June 26, 2018

De Beers enjoys strong diamond sales

The world’s largest diamond producer reported its latest rough diamond sales at a provisional $575m. This is a 6% increase from the $541m in 2017. Healthy demand from China’s retail jewellery market is the driver, the world’s second-largest diamond market.

Analysts estimated lab-grown diamonds could soon account for as much as 8% of the polished diamond market by weight, but less by value. De Beers has announced it would set up synthetic diamond production.


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Monday, June 18, 2018

Saputo criticizes supply management system, sides with U.S.

In one of the few Trump truths the President of the United States claims a 350% tariff on Canadian dairy products. Sadly, that isn't a lie. Canada matches dairy production to domestic consumption, yielding less than 10 percent of the market to imports. Above quotas, imported dairy faces tariffs of up to 314 percent. Canadians pay some of the highest prices for milk products in the world.


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Friday, June 15, 2018

Canada Goose Holdings Inc. - GOOS.t

Canada Goose Holdings Inc. - GOOS.t was founded in a small Toronto warehouse 60 years ago. Canada Goose has grown into a highly coveted global outerwear brand that helps people from all corners of the globe embrace the elements and make their adventures possible.



On November 9, 2017 the company released News

Canada Goose Reports Results for Fiscal Year 2018


Fiscal 2018 Highlights (in Canadian dollars, compared to Fiscal 2017):
  • Total revenue increased by 46.4% to $591.2 million
  • Net income was $96.1 million, or $0.86 per diluted share
  • Adjusted EBITDA margin expanded by 517 basis points to 25.2% from 20.1%
  • Adjusted net income per diluted share increased by 95.3% to $0.84