‘We hope there's a compromise': Residents call for changes to current zoning bylaw
Edmonton city council heard from residents both for and against infill housing on Tuesday. CTV News Edmonton's Connor Hogg has the latest.
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CTV News
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- CTV News
Centennial Academy secures funding for future survival
It's been a stressful year for staff and students at Centennial Academy, with the threat of closure hanging over their heads. But thanks to a coalition of private donors, school will be back in session next year and the foreseeable future, according to the school's director, Angela Burgos. 'The Leger Family Foundation has initiated a coalition with the support of the Molson Foundation and with the support of these foundations. We have been able to regulate our situation and we are going to be good for next year and the years to come,' she said. The school caters to students with learning difficulties, including ADHD and dyslexia, and has developed models that aren't offered in the public system. It moved to its current location on 2075 Sherbrooke St. West in 2020, but the heritage building required significant renovations, and the school's debt grew to nearly $9 million. Burgos said the crisis drew the community together, including the students who demonstrated to save their school. Ellie Girard, 16, who suffers from mental health and learning difficulties, has only been at Centennial Academy for two years, but said it's the only school where she's thrived and she wanted to do whatever she could to support the effort. 'We did a protest recently where we were holding up a bunch of signs. We have no Plan B help because a lot of us, we don't have any Plan Bs,' she said. Girard said she's filled with relief now knowing the school will be open next year. 'I can finish everything without having the anxiety of being a new kid again at another new school. And I get to finish my year here with the teachers that I know and the system that works for me,' she said. But there are still future challenges facing the school, according to Burgos. With the help of Liberal MNA Jennifer Maccarone, they are currently lobbying Quebec for funding for its French sector. In 2008 the province stopped accrediting new francophone private schools, and Centennial launched its French side in 2016, and they make up nearly half of the 300-student body. They are asking for special status for the school since it serves a population with unique needs and has an 80 per cent graduation rate. 'What we're doing is unique and has for many years provided a solution for many families with great successes of students that have gone on to all kinds of careers,' she said, adding that they still have spaces available for the 2025-2026 school year.
CTV News
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‘The CAQ is much more than just me,' says Legault
Quebec Premier François Legault speaks at a press conference marking the end of the spring session at his office in Quebec City on Friday, June 6, 2025. Legault is flanked by Quebec Deputy Premier and Minister of Transport Geneviève Guilbault, left, and Quebec Government House Leader and Minister of Justice Simon Jolin-Barrette. (The Canadian Press/Jacques Boissinot)
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Robinhood May Enter S&P 500 Club: A Win for Retail Investors?
Robinhood Markets Inc. HOOD is poised for potential inclusion in the S&P 500 Index, with an official announcement expected tomorrow. The index's quarterly rebalancing occurs later this month. Per the latest guidelines for the stocks' inclusion in the S&P 500 index, companies must have a market value of at least $20.5 billion and be profitable on a GAAP basis for the past four quarters cumulatively and in the most recent quarter. HOOD fits the bill. It has a market capitalization of almost $63 billion and has been consistently profitable over the trailing four quarters. Inclusion in the S&P 500 is significant, as it often leads to increased demand from index funds and passive investors who aim to replicate the index's performance. This heightened demand can boost a company's stock price and liquidity. For Robinhood, such inclusion would not only validate its growth trajectory but also enhance its visibility and credibility in the financial markets. However, the company must navigate potential challenges, including market volatility and regulatory scrutiny, especially given its involvement in cryptocurrency trading. HOOD's recent stock performance has been impressive, with a 94% rally this year. This has been driven by the expansion of its product suite, acquisitions, and favorable developments in the cryptocurrency space. Last month, Robinhood's competitor, Coinbase Global COIN, joined the S&P 500 Index. In the week following the announcement of its inclusion in the index, Coinbase shares soared 33.7% despite the news of a hack and regulatory scrutiny. America's largest registered cryptocurrency exchange, Coinbase, is well-placed to capitalize on heightened crypto market volatility and rising asset prices. Another HOOD peer that could become a part of the index this time is the global electronic broker, Interactive Brokers IBKR. With a market cap of approximately $87 billion, Interactive Brokers has been witnessing solid improvement in profitability as retail market participation continues to rise. This year, Interactive Brokers' stock has gained 16.6%. Robinhood's potential inclusion in the S&P 500 could be seen as a triumph, symbolizing the growing influence of retail trading platforms in mainstream finance. It underscores the shift towards democratized investing, where individual investors have greater access to financial markets. Robinhood's Valuation and Estimate Analysis Given the solid price performance, HOOD shares are currently trading at a massive premium to the industry. The company has a forward price-to-earnings (P/E) of 54.33X compared with the industry average of 13.61X. Moreover, the Zacks Consensus Estimate for Robinhood's 2025 and 2026 earnings reflect a growth of 11.9% and 20.5%, respectively, on a year-over-year. In the past month, earnings estimates for 2025 has remained unchanged, while for 2026, it has moved marginally upward. Image Source: Zacks Investment Research HOOD currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Interactive Brokers Group, Inc. (IBKR): Free Stock Analysis Report Coinbase Global, Inc. (COIN): Free Stock Analysis Report Robinhood Markets, Inc. (HOOD): Free Stock Analysis Report This article originally published on Zacks Investment Research (
