IMCO Gained 9.9% Last Year, Fueled by Stocks and Private Equity
Investment Management Corp. of Ontario returned 9.9% last year, driven mainly by gains in stocks and private equity holdings.
The results for the Canadian pension manager 'reflect the strength of our disciplined, long-term approach to investing,' Chief Executive Officer Bert Clark said Wednesday in a statement.
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Hamilton Spectator
an hour ago
- Hamilton Spectator
Alberta resumes buying U.S. alcohol, months after pause meant to fight tariffs
EDMONTON - Alberta is buying American alcohol and gambling machines again, three months after Premier Danielle Smith announced restrictions aimed at fighting back against U.S. tariffs. Service Alberta Minister Dale Nally said Friday that the move signals a 'renewed commitment to open and fair trade' with the United States. Smith said in March that the province would no longer buy U.S. alcohol and video lottery terminals, or sign contracts with American companies. Alberta's liquor stores are privately owned but must order stock through the provincial government. That came a day after U.S. President Donald Trump slapped heavy tariffs on Canadian goods and energy. Other premiers also announced bans on U.S. liquor along with other proposed penalties. Nally said in a statement that the decision to resume buying U.S. alcohol and gambling machines 'sets the stage for more constructive negotiations' ahead of a renewal of the Canada-U.S.-Mexico trade agreement. The agreement, known as CUSMA, was negotiated during the first Trump administration and is up for a mandatory review in 2026. 'Prime Minister Mark Carney has made a clear effort to reset the relationship with the U.S. administration, and Alberta's government supports this approach,' Nally said. 'We are focused on highlighting Alberta's role as a responsible and collaborative trading partner and will continue working alongside other provinces to advocate for a tariff-free relationship.' The minister said Albertans are encouraged to continue supporting local producers, even as more U.S. options return to store shelves. In April, the province paused its policy around procurement from U.S. companies in what Nally called 'the spirit of diplomacy.' This report by The Canadian Press was first published June 6, 2025. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Yahoo
2 hours ago
- Yahoo
Alberta resumes buying U.S. alcohol, months after pause meant to fight tariffs
EDMONTON — Alberta is buying American alcohol and gambling machines again, three months after Premier Danielle Smith announced restrictions aimed at fighting back against U.S. tariffs. Service Alberta Minister Dale Nally says the move signals a "renewed commitment to open and fair trade" with the United States. Smith said in March that the province would no longer buy U.S. alcohol and video lottery terminals, or sign contracts with American companies. That came a day after U.S. President Donald Trump slapped heavy tariffs on Canadian goods and energy. Nally says the decision to resume buying U.S. alcohol and gambling machines "sets the stage for more constructive negotiations" ahead of a renewal of the Canada-U.S.-Mexico trade agreement. The minister says Albertans are encouraged to continue supporting local producers, even as more U.S. options return to store shelves. Nally said in April that the province was pausing its policy around procurement from U.S. companies "in the spirit of diplomacy." He said since the province's retaliatory measures were first announced in early March, the Trump administration had put a hold on further tariffs. This report by The Canadian Press was first published June 6, 2025. The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 hours ago
- Yahoo
PWHL hires Princeton coach Cara Gardner Morey as GM of its Vancouver expansion team
Cara Gardner Morey is leaving Princeton following seven seasons as women's hockey coach after being hired as general manager and the first employee of PWHL Vancouver's expansion franchise, the league announced Friday. Aside from spending 14 seasons at Princeton, Gardner Morey has held various coaching roles with Hockey Canada at the senior women and under-18 levels, while also serving as a developmental camp coach with the Philadelphia Flyers the past four years. She coached the Tigers to their first ECAC conference tournament title in 2020 as part of a school-record 26-win season. Advertisement Her former Tigers players include Canadian national team members in forward Sarah Fillier and defenseman Claire Thompson, who were selected first and third overall in last year's PWHL draft. Gardner Morey's first priorities will involve hiring coaching and support staffs, while also preparing for the league's exclusive expansion signing period from June 4-8 and expansion draft on June 9. Her hiring comes two days after the PWHL appointed Boston Fleet assistant GM Meghan Turner to take over as general manager of its other expansion franchise in Seattle. The six-team league, in the midst of completing its second season, announced Vancouver and Seattle's additions in separate news conferences held a week apart late last month. 'Cara brings exceptional experience at all levels of the game, a deep understanding of player development, and an unwavering passion for advancing women's sports,' PWHL executive vice president of hockey operations Jayna Hefford said. Advertisement From Hensall, Ontario, Gardner Morey played both ice and field hockey at Brown University, and also played in the original NWHL. She earned a masters in education at Arizona State. 'It's a privilege to help bring the best women's hockey to one of the greatest cities in the world,' Gardner Morey said. Vancouver was selected as the PWHL's first expansion franchise after attracting a sold-out crowd of 19,038 to a neutral site game in January. The yet-to-be-named Vancouver team will play out of the former home of the Vancouver Canucks, the Pacific Coliseum. ___ AP Women's Hockey: John Wawrow, The Associated Press
