Stellantis says financial loss caused by Trump tariffs as Brampton plant sits empty
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Globe and Mail
40 minutes ago
- Globe and Mail
If You'd Invested $1,000 in BRK.B 5 Years Ago, Here's How Much You'd Have Today
Key Points It would be more. Much more. In fact, in that narrow window of time, the investment would have more than doubled. 10 stocks we like better than Berkshire Hathaway › Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) is Warren Buffett 's investment vehicle, and it's paved the way to wealth for many dedicated shareholders over the years. Here's a look at how well the company has done on the stock market across the past half-decade, and a glance at the reasons for its success. A (very) long-term player In that relatively short space of time, holding on to Berkshire's B shares would have doubled your money and then some. An initial $1,000 outlay as July 2020 came to a close would be worth $2,426 today. Berkshire is essentially two monster businesses rolled into one -- an insurance conglomerate, anchored by sturdy sector mainstay Geico, and a collection of investments. The latter can be broken down into businesses fully owned by Berkshire (such as confectioner See's Candies) and a bulging portfolio of stakes in publicly traded companies. The stock portfolio includes many well-known titles across a range of sectors. Nearly every investor will be familiar with such names as Apple, American Express, and Coca-Cola, among numerous others. In many ways, Buffett and his team are the ultimate buy-and-hold investors. They have always preferred to zero in on an undervalued stock and keep it in the portfolio for years, even decades. In fact, that American Express holding dates back to 1964, for an astonishing run of more than 60 years. That Coca-Cola position, meanwhile, was first amassed in 1984. Unsentimental about stocks As with any portfolio, not all of Berkshire's holdings are winners. I'm thinking these days about such uninspiring companies as Kraft Heinz. But one of the many positive aspects of Berkshire's operations is that it's usually not averse to selling out of stocks, and relatively quickly, if they underperform. Berkshire's excellent performance is the key reason why Buffett is such a celebrated investor. To me, it's always worthy of consideration as a buy on its own. Should you invest $1,000 in Berkshire Hathaway right now? Before you buy stock in Berkshire Hathaway, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Berkshire Hathaway wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025
CTV News
40 minutes ago
- CTV News
Canada in ‘no man's land' as new U.S. tariffs take effect, former foreign minister warns
Prime Minister Mark Carney listens as U.S. President Donald Trump speaks during a group photo at the G7 Summit, Monday, June 16, 2025, in Kananaskis, Canada. (AP Photo/Mark Schiefelbein) Canada is bracing for further tension in its trade relationship with the United States, after President Donald Trump imposed sweeping new tariffs. 'This is bad news,' said former foreign affairs minister Peter MacKay in an interview with CTV News Channel Sunday. 'It's bad news for the markets. It's bad news for many sectors on both sides of the border. … There is a lot of impetus now to try to bring this to an end.' Trump hit Canadian goods with a 35-per-cent tariff on Friday—targeting products not compliant with the Canada-U.S.-Mexico Agreement. The White House said the decision was made in response to Canada's 'failure to co-operate' on stemming fentanyl imports and Ottawa's retaliatory duties. Trump also introduced 50-per-cent tariffs on semi-finished copper products and maintained existing duties on Canadian steel, aluminum and automobiles. Dominic LeBlanc, Canada's trade minister, said Sunday he expects Prime Minister Mark Carney and Trump to speak 'over the next number of days' in a renewed effort to de-escalate the dispute. MacKay, meanwhile, says high-level talks are essential, especially given Trump's direct involvement. 'Having personal discussions with our prime minister … is probably the only way we are going to see this trade agreement finally get done,' he said. MacKay warned that while some 75 per cent of goods crossing the border remain tariff-free, critical sectors like steel, aluminum, copper and autos are facing sharp new costs. He also cautioned that the trade war risks turning personal. 'We've seen what happens, as recently as with the former Prime Minister Trudeau, when it does get personal,' he said. 'The Canadian economy ultimately and quickly pays a price.' Trump signed the executive order late Thursday. The Aug. 1 target date floated for a potential deal passed without progress, and there is still no clear timeline for resolution. MacKay described this current phase as 'no man's land.' 'We are not even where we used to be,' he said. 'Let's just hope that (Trump) doesn't go wildly off in all directions on the eve of getting to some sort of a finish line.' With files from the Canadian Press
CBC
41 minutes ago
- CBC
Pint-sized ice cream entrepreneur in P.E.I. tasting sweet success at Scooper's Dairy Bar
Inside a multicoloured minibarn at the Burdenell Riding Stables in eastern Prince Edward Island, an 11-year-old girl is serving up an ice-cold lesson in entrepreneurship. For two years now, Roya Cooper has run the aptly named Scooper's Dairy Bar. "We always liked ice-cream, and I wanted to start my own business," Roya said. And so it was that with some help from her parents, a little inspiration from the competition and a lot of paint that Scooper's was born. A pink, purple and blue fence surrounds the barn like an ice cream corral. The barn itself is painted like the rainbow to represent the variety of flavours the dairy bar serves, said Roya. "Death by chocolate, or chocolate chip cookie dough is the most [popular]." Sales are pretty good. Roya said she can sell about 30 cones of her most popular flavours each day. Some of the profit is eaten up by horseback riding and her personal snack habit. Serving up success Roya has one employee who's 17 years old. Mom and dad are never far away, and her big sister is helping at the family stable right next door. Managing the inventory and running the counter is all up to her. If she gets enough requests for a new flavour, she taps dad and he puts in an order. She's learned a few lessons during her time in the business. "You have to smile, you need to be good with money," she said. "You need to be very organized. You need to clean every single time. Wash your hands like a thousand times a day." The most difficult part is scooping the ice cream: "It gets pretty hard in the freezer. You have to have muscles." She gets the odd question from kids her own age — wondering why she's working at 11 years old. "I tell them they should do it," Roya said, adding that it's a lot of fun. "When the sun's shining and it's about Friday and Saturday and Sunday, those are the most busiest, funnest days." In the future, Roya said she wants to continue as an entrepreneur. In terms of university, she is split between a few options.
