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Baystreet.ca - Canadian Labour, Wholesale Figures Due Next Week


Canadian Labour, Wholesale Figures Due Next Week
Monday
Featured Earnings
Casey’s General Stores, Inc. (NASDAQ:CASY) (Q3) EPS projected for 93 cents, compared to 91 cents in the prior-year quarter.
CarParts.com, Inc. (NASDAQ: PRTS) (Q4) EPS projected for loss of 18 cents, compared to a loss of 70 cents in the prior-year quarter.
Clarus Corporation (NASDAQ: CLAR) (Q4) EPS projected for 29 cents, compared to 20 cents in the prior-year quarter.
Canada
Featured Earnings
Americas Gold and Silver Corporation (T.USA) (Q4) EPS projected for a loss of five cents, compared to a loss of seven cents in the prior-year quarter.
Geodrill Limited (T.GEO) (Q4) EPS projected for five cents, identical to the prior-year quarter. ....

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Historic deal closes: Premium Brands, Indigenous Group complete bid to buy Clearwater Seafoods Incorporated | Dentons


2 Clearwater’s subsidiaries are located in Atlantic Canada, Scotland, England, the US, Argentina and Luxembourg.

joint press release from Clearwater and the Mi’kmaq coalition stated: “Given the importance of this investment opportunity to the future prosperity of Mi kmaq communities, all First Nations in Nova Scotia along with Miawpukek First Nation from Newfoundland and Labrador were provided the opportunity to participate in the collective investment…Commercial investments in the seafood sector are a strategic investment to advance the prosperity of First Nations communities.”
On January 6, 2021, the Competition Bureau of Canada issued a no-action letter, allowing the parties to move quickly to complete the complicated transaction. ....

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CPP Investments Net Assets Total $475.7 Billion at Third Quarter Fiscal 2021


Third-Quarter Highlights:
10-year annualized net return of 10.8%
TORONTO, Feb. 11, 2021 /CNW/ - Canada Pension Plan Investment Board (CPP Investments) ended its third quarter of fiscal 2021 on December 31, 2020, with net assets of $475.7 billion, compared to $456.7 billion at the end of the previous quarter.
The $19.0 billion increase in net assets for the quarter consisted of $23.0 billion in net income after all CPP Investments costs less $4.0 billion in net Canada Pension Plan (CPP) outflows. CPP Investments routinely receives more CPP contributions than required to pay benefits during the first part of the calendar year, partially offset by benefit payments exceeding contributions in the final months of the year. ....

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