The two most common inquiries we get are: “Am I too old for investment banking?” “When should I give up on investment banking?” We much prefer “what is a type curve?” but we appreciate a reader base that exceeds 3 people so we are going to take a stab at the aforementioned questions.
Real estate is very important relative to the size of the Canadian economy, in no small part due to longstanding robust foreign investment in a country perceived to be politically stable with strong legal frameworks and the country’s low population density. Real estate is an especially attractive vehicle to park
This article was written by an oil and gas analyst at a Bulge Bracket investment bank. An Introduction: Alberta Deep Basin The Deep Basin, one of Canada’s premier natural gas plays, produces ~3.2-3.3 billion cubic feet per day (bcf/d) of gas and is cost competitive with premier US gas basins such as
As a continuation of our last macro post and knowing that investment banking interviews continue to include more macroeconomic questions to separate engaged candidates from brainless, preppy kids who have memorized the Vault guide, we are going to touch upon some of the more popular themes right now for major
PetroChina Canada PetroChina Canada opened its doors in 2010 as Dover Operating Corporation, a joint venture between PetroChina and Athabasca Oil Corporation. Dover was focused on two oilsands operations in the region of Fort McMurray, Alberta. After amalgamating with Phoenix Energy Holdings, the company now holds a portfolio of six assets in
Investment banking meal allowance is the daily stipend that the junior staff receive for food for days where they have to work past a certain hour (which is often). Also, after a certain time later than the meal allowance checkpoint, bankers are allowed to expense reasonable transportation home. Previously, investment
Top Weekly TSX Gainers (Week of September 15, 2017) Empire Company Ltd (TSX:EMPa, Chg:24.3%) Industry: Consumer & Retail EMP.A has consistently underperformed the Canadian grocer comp since the messy $5.8bn takeover of Safeway Canada. Sobey’s SAP software led to technical integration hurdles and frustrated employees. Logistic problems led to many out-of-stock products and
Our previous Canadian Mergers & Acquisitions roundups can be found here. Our previous global M&A roundups can be found here. Target: Polaris Materials Corporation (TSX:PLS) Industry: Basic Materials - Construction Materials Acquirer: Unknown US Buyer Target: Polaris Materials Corporation Size: $301 million Consideration: 100% Cash Source of Funds: Not Disclosed Sell Side Advisors: Canaccord Genuity Corp.