Brad Lafortune
Public Interest Alberta Executive Director, Brad Lafortune, speaks with Alberta Primetime host Michael Higgins about the delay in delivery for a report into health care procurement practices.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
30 minutes ago
- Globe and Mail
Coinbase's Transaction Fees Improve: Will it Accelerate Growth?
Coinbase Global Inc. COIN generates the bulk of its revenues from transaction fees, its biggest but most volatile income source. Transaction revenues, which contribute over 50% of COIN's top line, are closely tied to trading volumes and are primarily earned from spot trades executed by both retail and institutional customers on its platform. International revenues comprised mainly transaction revenues. Transaction revenues increased 18.2% year over year to $1.3 billion in the first quarter of 2025, driven by a 26% increase in trading volume, which reflected both broader market momentum and Coinbase's rising market share in the United States. For the second quarter of 2025, COIN expects institutional transaction revenues to be impacted by $30 million to $40 million on a quarter-over-quarter basis. The surge in crypto trading activity, spurred by increasing adoption of Bitcoin ETFs and tokenized assets, continues to drive COIN's transaction-based income. To support long-term growth and improve crypto utility, Coinbase is investing in foundational infrastructure like Base, its Layer 2 Ethereum scaling solution. In 2024, Coinbase partnered with Stripe to integrate USDC on Base, advancing global crypto adoption. Additionally, the platform has broadened its asset offerings by launching tokenized equities such as cbXRP and cbDOGE on Base. Transaction revenues offer strong operating leverage, with profitability improving as volumes rise faster than costs as well as scale globally. While inherently sensitive to market conditions, this revenue stream continues to be a key growth engine. At the same time, Coinbase is steadily expanding its subscriptions and services segment to diversify income and enhance business resilience. What About COIN's Competitors? COIN competes with Robinhood Markets HOOD and Interactive Brokers Group, Inc. IBKR, two crypto-oriented companies. Transaction revenues, a key contributor to Robinhood Markets' growth, are driven by active retail trading in cryptocurrencies, options, and equities. Making up over 60% of its total revenues, these earnings reflect Robinhood's strong sensitivity to market fluctuations and the behavior of retail investors. Interactive Brokers Group's commission-based transaction revenues are a key driver of growth, reflecting its success in capitalizing on rising client trading activity. This high-margin revenue stream demonstrates strong operating leverage, as increased trading volumes translate into outsized revenue gains and improved profit margins. COIN's Price Performance Shares of COIN have gained 1.2% year to date, outperforming the industry. COIN's Expensive Valuation COIN trades at a price-to-earnings value ratio of 45.5, above the industry average of 18.72. But it carries a Value Score of F. Estimates Movement for COIN The Zacks Consensus Estimate for COIN's second-quarter and third-quarter 2025 EPS has moved down 47.1% and 37%, respectively, over the past 30 days. The same for full-year 2025 and 2026 has increased 52.3% and 16.7%, respectively. The consensus estimates for COIN's 2025 and 2026 revenues indicate year-over-year increases. While the consensus estimate for COIN's 2025 EPS indicates a decline, the same for 2026 EPS suggests an increase. COIN stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. 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
CBC
30 minutes ago
- CBC
What happens when a university faculty votes to divest from war?
U of T faculty and librarians have voted to divest their pension money from companies supporting human rights atrocities around the world, including Israel. In this edition of our series 'Toronto Explained,' CBC's Chris Glover breaks down what the vote means and whether divestment could actually happen.
CBC
33 minutes ago
- CBC
Homelessness and addiction hubs in Sault Ste. Marie and Sudbury face delays opening
Social Sharing Treatment (HART) hubs in northeastern Ontario are still waiting for final approvals from the province to start operating. On the eve of the provincial election, Ontario Health Minister Sylvia Jones announced 19 new HART hubs would be operational by April 1. The hubs would provide access to recovery and treatment systems for people struggling with addictions and mental health issues, but would not provide any safe drug consumption services. Lisa Case is the CEO of the Canadian Mental Health Association (CMHA) Algoma, which was chosen to run the HART hub in Sault Ste. Marie. She said the organization has submitted its budget with the province for the planned hub. Ontario's Ministry of Health and Ontario Health have reviewed that submission, Case said, but now she's waiting for additional feedback. "We have received updated terms and conditions related to that funding that we're reviewing with our partners and responding with some additional questions, but we're still in that holding pattern right now," Case said. She said the province has allocated CMHA Algoma a budget of $6.31 million annually over three years to run its HART hub. Case added the services are especially needed in northern Ontario. "We've been hit harder across the north in spite of the creativity that we've used as community partners and the interventions we're able to provide," she said. "We're seeing just the volumes of individuals seeking help and then often the distance to get help." The City of Greater Sudbury will run a HART Hub in collaboration with the Health Sciences North hospital. The city says it's still finalizing logistical details but should have more concrete information to share by next week. Ema Popovic, a spokesperson for Ontario's health minister, said in an email to CBC News that nine HART hubs in the province that were previously supervised drug consumption sites opened on April 1. That includes the NorWest Community Health Centre in Thunder Bay.
