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Poilievre says he'll support Carney's expected project-approval bill if it ‘gets things done quickly'

Poilievre says he'll support Carney's expected project-approval bill if it ‘gets things done quickly'

CBCa day ago

Conservative Leader Pierre Poilievre said his party would have to look at a proposed Liberal bill that aims to fast-track major projects and remove trade barriers before backing it.

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3 Things to Know About Amazon Stock Before You Buy
3 Things to Know About Amazon Stock Before You Buy

Globe and Mail

timean hour ago

  • Globe and Mail

3 Things to Know About Amazon Stock Before You Buy

Everyone knows about Amazon (NASDAQ: AMZN). It's one of the most dominant, innovative, and disruptive enterprises that the world has ever seen. Today, it sports a monster market cap of $2.2 trillion, making it one of the most valuable companies out there. Amazon has done a fantastic job of rewarding its perennial investors. Shares are up 853% in the past decade and 11,290% in the past 20 years (as of May 28). Even after such an incredible performance, the " Magnificent Seven" stock might still be a worthy portfolio addition today, especially since it trades 15% off its peak. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Here are three things that investors need to know about Amazon before they buy. 1. The growth isn't over Between 2021 and 2024, Amazon's revenue increased by 36%. And according to Wall Street consensus analyst estimates, the top line will grow by 31% between 2024 and 2027. This is despite the business collecting a whopping $638 billion in sales last year. There is still meaningful growth potential. Amazon is well positioned to ride the wave of four potent secular trends. Of course, there's online shopping and the ongoing rise of e-commerce. But the company should also be able to continue leveraging its strong competitive positions in cloud computing with Amazon Web Services (AWS), digital advertising, and artificial intelligence (AI). Because Amazon's performance will be influenced by these tailwinds, I wouldn't be surprised if Wall Street's revenue forecast over the next three years proves conservative. 2. Multiple competitive advantages Warren Buffett is an investing legend who loves to own businesses that have an economic moat. This just means that a company possesses durable competitive advantages that make it difficult for rivals to effectively compete in an industry. Amazon stands out because it has multiple factors working to its benefit. For starters, the business has a powerful network effect, specifically with its marketplace. As more buyers go to the site to shop, sellers find the platform more valuable. In turn, this attracts more buyers because the product selection keeps expanding. Plus, the Prime membership option perpetuates this positive feedback loop, as Prime customers are sticky and might spend more. There's also a cost advantage that stems partly from Amazon's sprawling logistics footprint. Dense delivery routes keep shipping expenses low. And with its scale and sales base, the business also has buying power over suppliers. Switching cost is another important competitive advantage, this one for AWS. Enterprise customers depend on Amazon as an IT partner, which will become truer as adoption of AI tools grows. These customers won't want the hassle of changing providers. Investors can point to Amazon's wide economic moat as proof that this is an extremely high-quality company. There is minimal threat of disruption, which reduces risk. 3. Untapped earnings power Amazon has historically focused on growing the top line at a brisk pace. Shareholders bought into management's strategy because they knew the business was investing aggressively in new growth vectors. This has worked, as demonstrated by the company's huge scale. However, CEO Andy Jassy is figuring out ways to boost profitability, which is encouraging for investors. He wants to boost operational efficiencies and expense controls. As a result, operating income went from $24.9 billion in 2021 to $68.6 billion in 2024. While investors probably appreciate seeing profitability continue to improve, the best course of action for Amazon's long-term success is for the leadership team to properly invest in opportunities to grow the intrinsic value of the business over time. In other words, Amazon's true earnings power is still untapped. Should you invest $1,000 in Amazon right now? Before you buy stock in Amazon, 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 Amazon 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 $651,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $828,224!* Now, it's worth noting Stock Advisor 's total average return is979% — a market-crushing outperformance compared to171%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 May 19, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy.

Canada survives red card and penalty to defeat Nicaragua 4-1 at CONCACAF U-20 Championship
Canada survives red card and penalty to defeat Nicaragua 4-1 at CONCACAF U-20 Championship

Globe and Mail

timean hour ago

  • Globe and Mail

Canada survives red card and penalty to defeat Nicaragua 4-1 at CONCACAF U-20 Championship

Canada survived a first-half red card and penalty to defeat Nicaragua 4-1 Saturday and remain unbeaten at the CONCACAF Women's U-20 Championship. Despite being a player down for 80-plus minutes, Canada outshot Nicaragua 30-7 (4-4 in shots on target), had 67.7 per cent possession and a 14-0 edge in corners. Teegan Melenhorst, Anabelle Chukwu and Liana Tarasco scored for Canada (2-0-0), which also profited from a Nicaragua own goal. Chukwu, who scored twice in Canada's opening 7-1 Group B win over Panama, added to her Canadian youth international scoring record, previously held by Christine Sinclair. Chukwu now has 37 goals in 39 games from the under-15 to under-20 level. The 18-year-old from Ottawa, who plays collegiate soccer at Notre Dame, has been called into camp by the Canadian senior side but has yet to win a cap. Captain Jenifer Sarantes scored for Nicaragua (0-2-0). The eight-team CONCACAF tournament, which runs through June 8 at Alejandro Morera Soto Stadium, will send four CONCACAF sides to the 24-team FIFA U-20 World Cup, scheduled for September 2026, in Poland. Group A features host Costa Rica, the U.S., Puerto Rico and Guyana. The top two from each group advance to the semifinals, securing World Cup qualification in the process. Mexico played Panama later Saturday with a Mexican win or draw ensuring Canada reaches the semifinals and qualifies for the World Cup. Canada wraps up Group B play against defending champion Mexico on Monday. Nicaragua was blanked 6-0 by defending champion Mexico in its opener. Canada was reduced to 10 women in the 10th minute when Trinidad and Tobago referee Crystal Sobers showed Ines Nourani, judged to be the last defender, a red card for bodying Daniela Manzaneres to the ground on a Nicaragua counter-attack after an errant pass off a Canada short corner. Canada coach Cindy Tye sent on defender Victoria Rocci for midfielder Juliette Perreault after the red card. Canada went ahead in the 23rd minute on an own goal. Chukwu got her head to a Canadian corner with Adriana Munguia's attempted headed clearance going straight back and beating Nicaragua 'keeper Greta Genie, who plays for Belmont University in Nashville. Canadian goalkeeper Noelle Henning wiped out Manzaneres in the 32nd minute going for a high ball in the penalty box, prompting a lengthy discussion with the video assistant referee. Sobers went to the pitchside monitor, to check for a potential offside before the collision, and then pointed to the penalty spot. Sarantes beat a diving Henning, who was yellow-carded on the play, to tie it at 1-1 in the 37th minute. But two goals in first-half stoppage time restored Canada's lead. Melenhorst's left-footed shot from the edge of the box beat a diving Genie before Chukwu evaded two defenders and sent a low shot into the far corner of the goal. Tarasco made it 4-1 in the 85th minute, knocking the ball home after a pinball-like sequence in front of the goal off a Canadian corner. Despite the numerical disadvantage, Canada outshot Nicaragua 15-3 in the first half, although the Central Americans had a 3-2 edge in shots on target. Canada had 70 per cent possession and had eight corners to Nicaragua's none in the first 45 minutes. Canada, with a height advantage, threatened on almost every set piece but could not convert. Tye made five changes to her starting lineup. Nicaragua started 14-year-old attacker Maxie Teofilo, who plays her club soccer in the U.S. for Seattle United. Canada booked its ticket to the CONCACAF tournament by winning its qualifying group with ease in February. The Canadians outscored their qualifying opposition 43-0, dispatching Dominica 22-0, Bermuda 9-0 and host Trinidad and Tobago 12-0. The U.S. and Mexico, as the top-ranked countries in CONCACAF, skipped the qualifying round and were given direct entry to the CONCACAF championship. Canada and 23 other teams had to win their way there, with Costa Rica, Guyana, Nicaragua, Panama and Puerto Rico also topping their groups. Canada won the CONCACAF tournament in 2004 and 2008 and was runner-up to the U.S. in 2002, when the age group was under-19. The Americans are looking for their eighth title, having last won in 2020 and 2022. Canada has taken part in nine of the previous 11 editions of the FIFA U-20 tournament, missing out in 2010 and 2018. The Canadians lost 2-1 to Spain in the round of 16 at last year's FIFA U-20 World Cup in Colombia.

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