March 13, 2026
Canadian oil companies expected to ‘benefit disproportionately’ during the war in Iran - Darryl McCoubrey, VP and Senior Energy Analyst at Veritas, was on BNN Bloomberg to discuss oil prices and the escalating war in the Middle East.

February 10, 2026
'We were expecting better from Barrick,' analyst says after Newmont calls to fix Nevada Gold Mines - Martin Pradier, our Materials Analyst, joined BNN Bloomberg to discuss Barrick Mining Corp. (NYSE: B, TSX: ABX) after it lowered guidance and cut 2026 production.

February 10, 2026
Natural gas price is likely to rise on demand from LNG export and electrification: McCoubrey - Darryl McCoubrey, our Senior Energy Analyst, appeared on BNN Bloomberg to discuss his preference for natural gas over oil.

February 03, 2026
The Veritas outlook for Canadian dividend stocks - Dan Fong, Head of Research at Veritas, joined BNN Bloomberg to discuss our outlook for Canadian dividend stocks for 2026.

January 27, 2026
Is the AI Bubble Ready to Pop? | Anthony Scilipoti and Jimmy Connor - Our President and CEO, Anthony Scilipoti, joined the podcast of Bloor Street Capital's Jimmy Connor for a discussion about forensic accounting, Nortel, the dot-com boom and bust, and parallels to the AI industry today.

January 27, 2026
Gold miners outperformed gold in recent years: Veritas - Martin Pradier, our Materials Analyst, joined BNN Bloomberg to discuss gold as it surpasses US$5,000 amid safe-haven appetite.

January 15, 2026
Nutrien jumps on surging potash demand - Martin Pradier, our materials analyst, joined BNN Bloomberg to discuss Nutrien Ltd. (NYSE, TSX: NTR) as its stock surges following an increase in potash demand.

January 14, 2026
Mining Shares Climb in 2026 as Investors Chase Safe Havens - Our Materials Analyst, Martin Pradier, is quoted in this Bloomberg article about how mining stocks have jumped at the start of the year. Gold, silver and copper all hit record highs on January 14, extending a rally fueled by geopolitical tension and renewed demand for safe-haven assets.

December 05, 2025
Telus adds to this year's dividend gloom. It may be a learning experience - Disappointing dividend announcements are piling up, just five years after a rash of high-profile Canadian companies slashed their payouts during the early stages of the COVID-19 pandemic. In a nutshell, this Globe columns is why our bi-annual dividend reports have become some of the most-read ones of the year with our clients.

December 04, 2025
Inside this Ontario loan company, concern grew as payments stopped. Its plan to keep bad debt​ off the books came at the expense of vulnerable borrowers - Shalabh Garg, our Financial Services Analyst, is quoted in this Toronto Star article, saying he believes goeasy Ltd.'s (TSX: GSY) practices are "definitely non-transparent" and he wonders whether shareholders have a full view "on the real earnings, the quality of the earnings."

December 01, 2025
'I think it will happen': Pradier on Barrick Mining's potential gold-asset spinoff - Martin Pradier, our Materials Analyst, joined BNN Bloomberg to discuss Barrick Mining Corp. (NYSE: B, TSX: ABX) exploring a new IPO for North American gold assets.

November 24, 2025
Everything you need to know about the AI bubble - One of our analysts and our CEO was quoted in a long feature by The Globe about the AI bubble. Our special situations analyst, Ben Butler, recently wrote a comprehensive report on Nvidia Corp.'s accounting, and some of its findings were used in the feature.

November 14, 2025
Putting Telus's outsized dividend under the microscope - As this column by John Heinzl of The Globe outlines, our Communications Services & Information Technology Analyst, Liam Gallagher, recently downgraded Telus Corp. (NYSE: TU, TSX: T) to Sell from Reduce and is the only analyst with a Sell rating on the stock.

November 03, 2025
Short sales on the TSX: What bearish investors are betting against - This monthly article in the Globe & Mail about short sales highlighted some of our Sell recommendations, noting that our Sells have underperformed the S&P/TSX Composite Index by a compound annual growth rate of 528 basis points from inception March 25, 1999, to September 30, 2025.

October 24, 2025
Could Barrick’s next CEO break up the company? - Spinning off Barrick Mining Corp.’s (NYSE: B, TSX: ABX) U.S. assets into a new company or exploring a merger with Newmont (NYSE: NEM) are some of the key options that the Canadian miner’s next CEO will need to weigh, analysts told the Northern Miner. In the meantime, Barrick will probably write down the value of its Mali assets to zero when it releases fourth-quarter results early in 2026, said Martin Pradier, our Materials Analyst at Veritas.

October 20, 2025
Here's the real reason the Canadian dream of home ownership won't die any time soon - A panel at our 13th Annual Real Estate Conference debated whether home ownership is dead.

October 17, 2025
Watch out Edmonton — people from Toronto and Vancouver are coming for your homes - Canada’s two most expensive cities for housing are not building enough new homes, and that is driving people to Edmonton, according to Aled ab Iorwerth, deputy chief economist of Canada Mortgage and Housing Corp., who spoke at the Veritas 13th Annual Great Canadian Real Estate Conference.

September 29, 2025
Barrick Mining appoints new interim CEO as Mark Bristow departs - Martin Pradier, our Materials Analyst, joined BNN Bloomberg to discuss the outlook for Barrick Mining following leadership change.

September 26, 2025
Still negative on copper: Pradier - Martin Pradier, our Materials Analyst, joined BNN Bloomberg to discuss the copper and gold markets.

September 05, 2025
Gold Stocks Break 2011 Record High as Investors Seek Safe Havens - Gold stocks are having an extraordinary year. Eight of the 10 top-performing stocks on the S&P/TSX Composite Index are in the gold sector. Are they overvalued as a group, or are the returns too excessive? Our Materials Sector analyst, Martin Pradier, doesn't think so.

September 03, 2025
Teck undertaking major overhaul at QB2 mine in Chile after years of struggles - Our Materials Analyst, Martin Pradier, was quoted in a Globe & Mail story about Teck Resources Ltd. (NYSE: TECK, TSX: TECK.b) undertaking an overhaul of its Quebrada Blanca (QB) mine in Chile.

August 29, 2025
Business is booming for the Big Six banks, but no one is taking a victory lap - Our Financial Services Analyst, Shalabh Garg, contributed to The Financial Post's article wrapping up Q2-F25 earnings from Canadian banks.

August 26, 2025
'Unique' opportunity for Cenovus in buying MEG - Darryl McCoubrey, notre analyste principal, Énergie et pipelines, s'est joint à BNN Bloomberg pour discuter des défis liés au développement de nouveaux pipelines canadiens et de certaines de ses recommandations sur les actions de son secteur, notamment Enbridge Inc. (NYSE, TSX : ENB) et Cenovus (NYSE, TSX : CVE).

August 08, 2025
Where can investors look for sanity in a market gone mad? - Avec le S&P 500 et le Nasdaq à des sommets historiques, c'est « le bon moment pour les investisseurs de réfléchir à l'endroit où ils peuvent trouver de la raison dans un marché fou », a suggéré Ian McGugan dans sa récente chronique dans The Globe and Mail. Un endroit de raison, selon lui, ce sont les bons payeurs de dividendes. Sa chronique mentionnait des titres à dividendes recommandés dans notre rapport semestriel de Veritas sur les dividendes.

August 05, 2025
Condos. Unemployment. Rates - Le président et chef de la direction de Veritas, Anthony Scilipoti, a participé au podcast Angry Mortgage de Ron Butler. Ils ont abordé les raisons pour lesquelles le marché des condos s'effondre enfin (voir le titre de l'épisode), comment l'industrie de la construction semble se diriger vers un fort ralentissement, et qui souffre le plus lors d'une correction immobilière.

July 16, 2025
Canadians are finally getting choice in their banking, but will it last? - Shalabh Garg, notre analyste des services financiers, est cité dans cet article sur l'émergence des fintechs comme alternatives aux six grandes banques.

July 28, 2025
Canada's TD Bank names new chair to steer oversight push - Shalabh Garg, analyste des services financiers chez Veritas, est cité dans cet article sur le renversement du conseil d'administration de la Banque Toronto Dominion à la suite du scandale de blanchiment d'argent aux États-Unis.

June 11, 2025
Builders taking on more debt as some in residential sector struggl - De nouvelles données de la Banque du Canada montrent que les banques à charte canadiennes ont doublé la dette accordée aux promoteurs et constructeurs immobiliers au cours de la dernière année, portant les engagements de prêts en cours à un niveau sans précédent de 85 milliards de dollars. Bien que cela soit un autre signe que le secteur immobilier canadien est sous pression, l'essentiel est que cela ne représente toujours pas une exposition importante pour les banques, a déclaré Shalabh Garg, analyste des services financiers chez Veritas.

May 03, 2025
How rail giant CPKC is navigating Trump’s trade chaos - Canadian Pacific Kansas City (NYSE, TSX: CP) has held up better than other North American railroads since Trump's election. As Will Guy, Veritas Senior Research Associate for Diversified Industrials & Energy, explains in this Globe & Mail feature, one reason for the relative outperformance is the flexibility the CPKC merger has given the combined company to develop trade corridors that didn't exist prior to the merger, such as more trade directly between Canada and Mexico.

April 24, 2025
Empire Co. says CEO Michael Medline to retire in May 2026 - Kathleen Wong, analyste principale en investissement chez Veritas pour les produits de base de consommation et la consommation discrétionnaire, a été citée dans cet article de la Presse canadienne au sujet des projets de retraite du PDG d'Empire Co. Ltd., Michael Medline, en mai 2026. Elle a reconnu que Medline a joué un rôle déterminant dans la transformation de l'entreprise. « L'une des principales décisions que le nouveau PDG devra prendre sera de savoir quand ou s'il faut procéder à l'ouverture du quatrième centre de traitement central en Colombie-Britannique », a-t-elle noté dans un courriel. « L'entreprise a suspendu sa construction en raison de ventes d'épicerie en ligne plus faibles que prévu et de faibles rendements sur investissement. »

April 21, 2025
‘Still going up’: Analyst sees gold-buying trend continuing - Notre analyste des matériaux, Martin Pradier, était sur BNN Bloomberg pour discuter de ses perspectives haussières sur l'or. « Nous voyons la tendance de l'or continuer à monter très, très fortement », a-t-il déclaré.

April 04, 2025
Brookfield’s Big Insurance Bet: A $300B Ambition Under Growing Scrutiny - Life Annuity Specialist, une filiale du Financial Times, a rédigé un article sur Brookfield Wealth Solutions et ses ambitions d’augmenter ses actifs d’assurance à 300 milliards de dollars d’ici 2029 contre 110 milliards actuellement, citant Dimitry Khmelnitsky, chef de la comptabilité et des situations spéciales chez Veritas. Il s’inquiète du fait que les régulateurs pourraient avoir du mal à superviser efficacement les activités d’assurance de Brookfield. « Les assureurs soutenus par le capital-investissement disposent des ressources et des incitations nécessaires pour attirer autant de talents que nécessaire afin d’exploiter les failles réglementaires disponibles », a-t-il déclaré.

March 21, 2025
Telus shares tumble on Bank of America downgrade over leverage and dividend payout concerns - Les actions de Telus Corp. (NYSE : TU, TSX : T) ont perdu 5 % vendredi après une dégradation de la part de Bank of America en raison de préoccupations liées à l’endettement. Nos clients avaient reçu un avertissement bien plus tôt. Comme l’a écrit Liam Gallagher, notre analyste associé pour les services de communication et la technologie de l’information, dans un rapport du 4 février, Telus a augmenté ses dividendes à un taux de croissance annuel composé de 11 % de l’exercice 2019 à 2024, tandis que les flux de trésorerie d’exploitation avant le fonds de roulement et les éléments non récurrents n’ont augmenté que de 5 % par an.

March 06, 2025
FT Investigation: How much does Brookfield really make? - Le Financial Times a publié une enquête sur le conglomérat Brookfield, citant à plusieurs reprises Dimitry Khmelnitsky, vice-président, associé et chef de la comptabilité et des situations spéciales chez Veritas. L’article détaille la dépendance croissante du conglomérat aux transactions entre entités Brookfield, ou flux de trésorerie circulaires, ainsi que ses problèmes de transparence. Il aborde également les risques accrus liés au virage de Brookfield vers l’assurance et à son exposition immobilière problématique.

December 31, 2024
Anthony Scilipoti guest appearance on Ron Butler's Angry Mortgage Podcast - Ron Butler est un panéliste régulier haut en couleur et d'une honnêteté sans faille à notre conférence annuelle Veritas Great Canadian Real Estate. Le propriétaire de Butler Mortgage anime également un podcast suivi par 21 600 personnes. Anthony Scilipoti, président et chef de la direction de Veritas, a été invité au 103e épisode pour discuter du début et de l'évolution du boom des condos, ainsi que de la façon dont la crise se déroule maintenant et s'étend à l'ensemble de l'économie. Ils ont examiné les effets de l'immigration inversée, ce qu'un krach des condos signifierait pour les six grandes banques et ce que les gouvernements pourraient faire pour en atténuer l'impact. Enfin, ils ont partagé leurs réflexions sur la question de savoir si nous sommes au cœur d'une récession « made in Ontario ».

December 04, 2024
Lundin gold expands Ecuador drilling capacity - Martin Pradier, notre analyste des matériaux, a rejoint BNN Bloomberg pour donner son point de vue sur le forage de Lundin Gold Inc. (TSX : LUG) en Équateur. En hausse de 111 % depuis le début de l'année, Lundin Gold est l'un des CHOIX PRINCIPAUX de Martin pour sa production croissante, ses teneurs élevées et ses faibles coûts.

November 28, 2024
Hot Picks: Magna and Bombardier - Dan Fong, notre analyste en énergie et industries diversifiées et chef de la recherche, est apparu sur BNN Bloomberg pour présenter deux de ses MEILLEURS CHOIX : Magna International Inc. (NYSE : MGA, TSX : MG) et Bombardier Inc. (TSX : BBD.b).

November 27, 2024
To cut or not to cut the dividend? That is the question for BCE Inc. - As reported by The Globe & Mail, we surveyed our institutional investor clients about BCE Inc.'s (NYSE, TSX: BCE) dividend, with 83% of respondents saying the company should cut the dividend and more than half saying it should be reduced by at least 50%.

November 22, 2024
CEO of the Year: All hail the almighty Dollarama - Kathleen Wong, our Senior Analyst, Consumer Staples & Consumer Discretionary, said in this ROB Magazine feature that Dollarama Inc. (TSX: DOL) still has room to expand within Canada.

November 18, 2024
Suncor has ‘more room to run,’ analyst says after Q3 earnings beat - Dan Fong, our Head of Research and Energy Analyst, was on BNN Bloomberg with Andrew Bell to discuss his recent upgrade to BUY for Suncor Energy Inc.

October 19, 2024
TD has a big problem with its U.S. operations. No, not that one - Toronto Dominion Bank's (NYSE, TSX: TD) money laundering problems are well documented, but our Senior Financial Services Analyst, Nigel D'Souza, highlights another one, as is detailed in this Globe & Mail column by Ian McGugan. Of the Big Six Canadian banks, TD and Bank of Montreal (NYSE, TSX: BMO) have been most aggressive about expanding into U.S. banking, and it is not paying off.

October 04, 2024
Our copper outlook continues to be bearish: Pradier - Our Materials Analyst, Martin Pradier, remains bearish on copper, despite China's recent economic package. "I think [China's latest stimulus] is a step in the right direction, but it won't be enough to revive the housing market, which has a lot of problems," Martin said on BNN Bloomberg. China accounts for 57% of the world's consumption, and given that real estate is such a big part of China's copper consumption, he expects copper prices to weaken further over the next one to two years.

September 24, 2024
Exclusive: RBC bankers fear layoffs as pledge to keep HSBC staff nears end, sources say - For years, investors would give 50% to 60% of their money upfront to developers in China. With 34 out of the 50 largest developers there in default, many investors are going to be left hanging. There are also 90 million houses unoccupied because they were investments. "That's the same as the whole of Brazil." As for copper, China accounts for 57% of the world's consumption, and given that real estate is such a big part of China's copper consumption, he expects copper prices to weaken further over the next one to two years.

September 20, 2024
One of Canada’s top bankers is leaving TD amid a money-laundering scandal - Veritas Take : Bien que nous n'aimions pas voir quelqu'un perdre son emploi, Nigel D'Souza, notre analyste principal des services financiers, a présenté le point de vue des actionnaires dans l'article, notant que la banque pourrait comptabiliser une charge de restructuration au prochain trimestre alors qu'elle réduit son personnel administratif.

August 27, 2024
Gold jumped 22% this year, record highs - Martin Pradier, notre analyste des matériaux, s'est joint à Andrew Bell sur BNN Bloomberg pour discuter des sociétés minières aurifères. Les actions aurifères ont connu de fortes hausses cette année, surtout au dernier trimestre, suivant la hausse du prix de l'or.

August 21, 2024
Lower rates not great for Canadian banks: D'Souza - Notre analyste principal des services financiers, Nigel D'Souza, a rejoint BNN Bloomberg pour discuter des marchés alors que les principales banques canadiennes s'apprêtent à publier leurs résultats cette semaine.

August 12, 2024
Scotiabank to invest in U.S.-based KeyCorp - Veritas Analyst Criticizes Deal - Notre analyste principal des services financiers, Nigel D'Souza, a critiqué l'accord de la Banque de Nouvelle-Écosse (NYSE, TSX : BNS) visant à acquérir 15 % de KeyCorp (NYSE : KEY), affirmant que la transaction n'a "aucun sens stratégique ou financier" et constitue une "utilisation sous-optimale du capital" qui pourrait réduire les rendements ajustés au risque de la Banque Scotia.

July 19, 2024
Cogeco has another option to address its sagging growth: Be a cannibal of capital - Les actions aurifères ont connu de fortes hausses cette année, surtout au dernier trimestre, suivant la hausse du prix de l'or.

June 12, 2024
With acquisition, Canada's National Bank expands west and analysts applaud growth potential - Notre analyste principal des services financiers, Nigel D'Souza, a été largement cité au sujet de l'accord de la Banque Nationale du Canada (TSX : NA) pour acheter la Banque Canadienne de l'Ouest (TSX : CWB). L'accord avec Canadian Western est "un véritable gagnant" pour la Banque Nationale, a déclaré Nigel à Reuters. Il a salué l'expansion et la diversification de la franchise canadienne de la banque, qui, selon lui, offre les meilleurs rendements ajustés au risque à long terme. Les activités bancaires internationales, un segment que de nombreuses grandes banques canadiennes ont de plus en plus poursuivi, présentent les rendements ajustés au risque les plus faibles.

June 12, 2024
National Bank buying CWB for $5 billion - BNN Bloomberg also had Nigel on to discuss the merits of National Bank buying Canadian Western Bank. "When you look at the businesses the banks operate in -- Canadian banking, wealth management, capital markets and international banking (mainly U.S. and Latin America ) -- by far, Canadian banking generates the highest ROEs (Return on Equity), typically close to 30% or higher, with the lowest credit losses and in a financial system that is relatively stable," Nigel said.

June 12, 2024
National Bank Deal at Huge Premium to Test Investor Patience - Nigel was also quoted by Bloomberg about the price National Bank is paying for Canadian Western Bank. "Strategically, this deal is a win for National Bank as it expands and diversifies the bank's Canadian personal and commercial franchise across Canada, further enhancing risk-adjusted ROE," Nigel said in a report. It will be three years after closing before National Bank can fully realize projected annual cost savings of about C$270 million, and it will take some time to determine what other benefits it can wring out of the deal, Nigel said.

June 12, 2024
National Bank's bid to buy Canadian Western signals more consolidations in banking sector - Furthermore, The Financial Post quoted Nigel about further consolidation in the bank sector. "Our view has always been that there will be consolidation in the Canadian banking space because the large banks have structural competitive advantages that the smaller banks can't overcome," Nigel said.

June 12, 2024
Canadian Western Bank shares soar after National Bank tie-up announced - Enfin, Nigel a également été cité par La Presse Canadienne au sujet de la consolidation accrue dans le secteur bancaire. « L'acquisition de CWB s'aligne également avec nos attentes de consolidation supplémentaire dans l'industrie bancaire canadienne », a déclaré Nigel dans un rapport de recherche destiné à nos clients.

May 31, 2024
Canadian banks brace for second-half uncertainty as they cling to rate cut hopes - Comme l'a rapporté Reuters, les banques canadiennes se préparent à quelques mois d'incertitude, les provisions pour pertes sur prêts devant augmenter si les taux d'intérêt restent élevés, même si leurs activités de fusions-acquisitions et de banque d'investissement s'améliorent, selon les dirigeants des principaux prêteurs. « Si les taux restent à leur niveau actuel et évoluent comme prévu avec seulement quelques baisses, alors les provisions devraient rester élevées au moins pour le ou les prochains trimestres », a déclaré notre analyste principal des services financiers, Nigel D'Souza, ajoutant qu'il s'attend à ce que les pertes sur créances atteignent un pic au plus tôt début 2025.

May 28, 2024
Sell Teck Resources and Lundin Mining: analyst - Martin Pradier, notre analyste du secteur des matériaux, a rejoint BNN Bloomberg pour donner son avis sur la hausse du cuivre. Il reste sceptique quant à ce rallye, estimant qu'un short squeeze sur le marché à terme fait grimper les prix davantage que la dynamique du marché. La Chine stimule la consommation de cuivre depuis plus de 20 ans, représentant désormais environ 55 % de la consommation mondiale, contre 7 % en 1995. « L'immobilier en Chine était l'un des principaux moteurs de la demande de cuivre, et il est en difficulté », a-t-il déclaré. « Cela finira par rattraper le marché. Sur le plan physique, nous voyons les stocks augmenter. Il y a un surplus ce trimestre entre l'offre et la demande. » Martin recommande de VENDRE Teck Resources Ltd. (NYSE : TECK, TSX : TECK.b) et Lundin Mining Corp. (NYSE, TSX : LUN).

May 27, 2024
Buy Canadian Western Bank: Nigel D'Souza - Nigel D'Souza, notre analyste principal des services financiers, a rejoint BNN Bloomberg pour discuter des perspectives de la Banque Toronto Dominion (NYSE, TSX : TD) face à ses problèmes de blanchiment d'argent et de sa recommandation d'ACHAT pour Canadian Western Bank (TSX : CWB).

May 09, 2024
Nutrien's quarterly results aligned with our positive expectations, but there's risks: analyst - Notre analyste des matériaux, Martin Pradier, a rejoint BNN Bloomberg pour discuter des résultats du premier trimestre 2024 de Nutrien Ltd. Les prix des engrais étaient bas au trimestre (potasse en baisse de 37 % sur un an, azote en baisse de 35 %), mais Martin pense que les prix se stabilisent alors que l'entreprise aborde sa saison clé du deuxième trimestre.

April 25, 2024
Copper is overvalued right now, expect further downside this year: Equity research analyst -

April 08, 2024
Don’t Expect a Regional Banking M&A Wave, Says Analyst - Fertilizer prices were low in the quarter (potash down 37% YoY, nitrogen down 35%), but Martin thinks prices are stabilizing as the company heads into its important Q2 season.

March 26, 2024
Banks to reach cyclical bottom near end of 2024: financial services analyst - Despite the Big Six banks performing well since bottoming in October last year, Nigel D'Souza, our Senior Financial Services Analyst, thinks the economy will deteriorate and experience a hard landing as the year progresses, dragging the banks down with it. He appeared on BNN Bloomberg.

March 21, 2024
Battle for Canadian bank deposits seen heating up as rate cuts loom - Our Senior Financial Services Analyst Nigel D'Souza was quoted in this Reuters article about the competition for consumer deposits amongst Canadian banks. "What's changing is that banks are being more competitive ... the price competition with deposits has gotten fiercer, and that's resulting in banks offering more competitive deposit rates, and that's also putting upward pressure on costs," he said.

March 07, 2024
Shareholders set to miss out on Neighbourly’s next stage of growth - Shareholders of Neighbourly Pharmacy were set to vote on a take-private offer from Persistence Capital Partners, which already owned half the company. As this Globe & Mail article laid out, our Senior Analyst, Kathleen Wong, was skeptical of the valuation used to make the offer, particularly management's forecasts and TD Securities' modelling of the current year's EBITDA as a base.

February 29, 2024
A stable and growing dividend at BCE? A cut would be a better idea - Our Senior Analyst Desmond Lau was quoted in a Globe & Mail column by David Milstead about BCE Inc.'s high dividend payout ratio. By its own calculations, BCE's dividend payout ratio exceeds 100%. However, as the article explains, BCE management's calculation of free cash flow (FCF) excludes capital lease payments for essential equipment such as satellites and cell towers. The payout ratio is even higher once capital leases are included back in. Desmond has been subtracting $800 million from BCE management's FCF ratio to reflect these capital leasing costs.

February 21, 2024
Full hit of commercial real estate losses for banks still to come - Nigel D’Souza, our Senior Financial Services Analyst, talked with Financial Post’s Larysa Harapyn about what investors should look for when Canada’s big banks reported Q1-F24 earnings. Margins, credit losses and capital markets will be in focus.

January 24, 2024
CN Railway’s stock price is baking in an overly-aggressive growth rate: Veritas Investment Research - Dan Fong, notre analyste principal en investissement pour les industries diversifiées et l'énergie, a été invité sur BNN Bloomberg pour expliquer pourquoi il a rétrogradé la Compagnie des chemins de fer nationaux du Canada à RÉDUIRE au lieu d'ACHETER après la publication des résultats du T4-F23.

December 20, 2023
Martin Pradier of Veritas warns that world has too much copper - Martin Pradier, our Materials Sector Analyst, joined BNN Bloomberg's Andrew Bell to discuss how China's residential real estate slump is likely to drag on for years, pushing down copper prices and creating a global surplus in 2024.

December 18, 2023
Persistence Capital Partners cuts buyout offer for Neighbourly Pharmacy - Kathleen Wong, our Senior Investment Analyst for the Consumer Staples & Consumer Discretionary Sectors, was quoted in this Globe & Mail article about Persistence Capital Partners reducing its offer for the remaining 49.8% it doesn't already own of Neighbourly Pharmacy Inc.

December 13, 2023
Constellation Software is well positioned to capitalize on M&A - Desmond Lau, our Senior Investment Analyst of telecom and technology, joined BNN Bloomberg to discuss where a higher interest rate environment is a risk for the Canadian tech giant Constellation Software Inc. in the new year.

November 28, 2023
Franco Nevada analyst on Panama Court ruling against First Quantum - Martin Pradier, our Materials Analyst, joined BNN Bloomberg to discuss the impact of the shutdown of Cobre Panama on Franco-Nevada Corp.

November 27, 2023
Why a soft landing could be bad for Canada's big banks - Nigel D'Souza, our Senior Financial Services Analyst, spoke with the Financial Post in this video about what to expect from the banks' upcoming fourth-quarter earnings.

November 23, 2023
Canadian producers don't need US$100 oil to succeed: analyst - Dan Fong, our Senior Analyst of Diversified Industrial and Energy, discussed with BNN Bloomberg how Canadian oil producers have been outperforming despite the fall in oil prices.

November 22, 2023
How Tracy Robinson got CN Rail back on track - Tracy Robinson, CEO of Canadian National Railway, was named CEO Newcomer of the Year in ROB Magazine's annual CEO awards. In a feature about her and CNR, Dan said strategic changes under Robinson have put the railway in a better position to drive profitability.

November 22, 2023
Canada’s Biggest Bank Is Trying to Fix Its $10 Billion Headache - Nigel D'Souza, our Senior Financial Services Analyst, provided analysis in this Bloomberg feature about how Royal Bank of Canada has had to inject billions of dollars into its U.S. bank, City National, including US$2.9 billion this year.

October 20, 2023
I don't see a reason for rejecting the takeover: Analyst on RBC-HSBC Canada - Nigel D'Souza, notre analyste principal des services financiers, a rejoint BNN Bloomberg pour parler du paysage bancaire canadien et expliquer pourquoi il pense que l'accord Royal Bank-HSBC Canada devrait être approuvé.

August 25, 2023
RBC downgraded amid higher expenses, 'unfavourable' deposit trends - Notre analyste principal des services financiers, Nigel D'Souza, a rétrogradé la Banque Royale du Canada à RÉDUIRE après les résultats du T3-F23, comme l'a rapporté BNN Bloomberg. Malgré cette rétrogradation, il conserve une opinion favorable sur les fondamentaux de RBC et s'attend à ce que la banque surperforme ses pairs à long terme.

August 23, 2023
We expect lower loan growth in the upcoming results: Bank earnings preview - Nigel D'Souza, notre analyste principal des services financiers, a rejoint BNN Bloomberg pour expliquer pourquoi les investisseurs devraient aller au-delà des chiffres principaux et s'intéresser aux points d'inquiétude concernant les banques canadiennes.

June 20, 2023
Higher 'DSB' means smaller dividend increases for banks: Analyst - Our Financial Services Senior Analyst, Nigel D'Souza, was on BNN Bloomberg to provide his take on what a higher domestic stability buffer means to investors in Canadian bank stocks.

June 12, 2023
Analyst Actions: CN Rail is seeing unreasonably low growth priced in - Dan Fong, Senior Investment Analyst for Diversified Industrials & Energy, was on BNN Bloomberg discussing his outlook for Canadian National Railway and a recent controversy that has made headlines about a new federal government proposal to expand interswitching.

May 28, 2023
Canada’s big banks log 13-fold rise in loan loss provisions - Our report on long-term investing in Canada's Big Six banks was also featured in The Financial Times. “Canadian banks generate higher [return on equity] and trade at higher book multiples than US banks,” The Financial Times wrote, quoting the report. “Since 1840, Canada has not experienced a bank crisis, and only two banks have failed since 1923 . . . The US banking system, on the other hand, has experienced 12 major banking crises since the 1840s.”

May 25, 2023
Canadian banks bent on international expansion lag those that stay home, Veritas report argues - Our report on long-term investing in Canada's Big Six banks was featured in The Globe & Mail. In the report, entitled “The Tortoise and the Hare,” Senior Financial Services Analyst Nigel D'Souza and his Associate Analyst Roshun Paunikar argue that “slow and steady” wins the race in Canadian banking. Published at the beginning of May, the report concludes that the banks that generated the best risk-adjusted returns over the past decade were the “tortoises” that focused on Canadian banking rather than the “hares” that raced out to pursue international diversification.

May 23, 2023
Gearing up for Canadian bank earnings - Nigel D'Souza, our Senior Analyst for Financial Services, joined BNN Bloomberg to discuss his outlook for Canada's Big Six banks, which are reporting their Q2-F23 quarters this week. "Longer-term, I think that banks that focus on Canadian banking, like RBC and National Bank, are going to outperform banks that chase international banking growth, like BMO, Scotia, TD, and even now CIBC with its entry into U.S. commercial banking," he said.

May 15, 2023
Why Newmont's Deal for Newcrest May Not Pan Out - Our Materials Analyst Martin Pradier was on BNN Bloomberg to discuss Newmont Corp.'s (NYSE: NEM, TSX: NGT) proposed acquisition of Newcrest Mining Ltd. (TSX: NCM) now that Newcrest's board backs the deal. He continues to have doubts that the deal will be accretive for shareholders.

May 01, 2023
TFI International: Freight Volumes & The Economy - Dan Fong, our Senior Investment Analyst for Diversified Industrials & Energy, joined BNN Bloomberg to discuss TFI International Inc. (NYSE, TSX: TFII) and its acquisitions of two entities, Siemens Transportation Group and Hot Line Freight Systems. He also discussed the outlook for the freight and transportation industry.

April 12, 2023
Outlook for Canadian banks amid BoC rate pause - Our Financial Services Analyst, Nigel D'Souza, was on BNN Bloomberg following the Bank of Canada's decision to hold interest rates steady. He discussed which of the Big Six banks should do better with higher interest rates, but noted that this should be balanced by the fact that the banks will also be facing higher credit losses the longer rates stay high.

April 11, 2023
Newmont's offer for Newcrest Mining will destroy shareholder value if accepted: Analyst - In the wake of Newmont Corp.'s increased bid for Newcrest Mining Ltd. this morning, our materials sector analyst Martin Pradier told BNN Bloomberg that he thinks the US$19-billion acquisition will prove to be value-destroying for Newmont shareholders.

April 10, 2023
Utilities will outperform as economic risks start to mount again: Darryl McCoubrey - Darryl McCoubrey, our Head of Research and Utilities and Infrastructure Analyst, was on BNN Bloomberg to discuss his recommendations on his sector at a time when investors are risk averse.

April 01, 2023
Green For Life’s founder built a garbage empire on $9 billion in debt. Now interest rates are rocketing up — is he worried? - As quoted in this Toronto Star article, Darryl McCoubrey, our Head of Research at Veritas and Utilities and Infrastructure analyst, wonders if the desire for growth could hurt GFL Environmental in a potential recession, especially given the company's high levels of debt and interest rates that are higher now than they have been in GFL's lifetime.

February 24, 2023
'Holding ourselves accountable': Tim Hortons' parent RBI to start releasing earnings per restaurant - The Financial Post recently wrote about how the new executive chairman at Restaurant Brands International Inc. is going to release EBITDA per restaurant for each of the company's four major brands in order to "elevate accountability to our franchises even further." Kathleen Wong, our Senior Investment Analyst for the Consumer Staples and Consumer Discretionary Sectors, said restaurant EBITDA is the best metric for investors to evaluate management’s execution of its strategy.

February 17, 2023
Quebec’s Lion Electric Co. transforming an industry by cranking out electric school buses - The Globe & Mail recently wrote a long feature about The Lion Electric Company, in which Veritas Special Situations Analyst Brent Levenstadt is the only outside analyst quoted in the article with concerns about fundamental weaknesses in the business.

February 11, 2023
Swimming against Brookfield’s tide of positivity - Dimitry Khmelnitsky, our Head of Accounting & Special Situations, remains the lone analyst with a Sell on Brookfield Asset Management Inc. and a Reduce on the parent, Brookfield Corp. As this Globe & Mail article lays out, the remaining analysts on the Street rate the two Brookfield entities as either a Strong Buy, Buy or Hold.

February 08, 2023
We prefer Manulife Financial ahead of a recession: Analyst - Nigel D'Souza, our Senior Analyst for Financial Services, was on BNN Bloomberg ahead of Canada's main insurance companies reporting Q4-2022 results.

February 06, 2023
Barrick Gold is a better option to own Newcrest: Analyst - Martin Pradier, our Materials Analyst, was on BNN Bloomberg with host Andrew Bell to discuss Newmont Corp.'s US$16.9 billion bid for Newcrest Mining Ltd.

February 01, 2023
Big Three grocers have new appeal in recessionary environment - As this Globe Advisor article laid out, the Big Three Canadian grocers have performed well since the pandemic for investors, but with inflation running high and a recession looming, will the strong performance continue? Kathleen Wong, our Senior Investment Analyst for the Consumer Staples & Consumer Discretionary Sectors, is quoted in the article as saying that she favours Metro Inc. in this environment.

January 25, 2023
If your bank accentuates the positive, bad news may follow - As David Milstead at The Globe & Mail wrote this week, buried deep within the securities filing of Canadian banks are their forward-looking economic indicators for GDP, unemployment and housing. Each bank must provide a benign case, base case and adverse case for each economic indicator. The banks use those indicators to forecast losses on performing loans, also called their provisions for credit losses (PCLs). The banks actually use much more sophisticated models to forecast PCLs, but this is as much as shareholders get to see. Our Financial Services Analyst Nigel D'Souza tracks these indicators quite closely for our clients and it helps him predict how hard the banks are going to get hit with credit losses on performing loans in the future, or vice versa.

January 17, 2023
Why Hydro One’s shares are soaring despite rising rates and constant CEO upheaval - Darryl McCoubrey, notre vice-président et chef de la recherche, associé, analyste des services publics et des infrastructures, a été cité dans The Globe & Mail expliquant pourquoi Hydro One est depuis longtemps l'une de ses préférées. « Ils cochent toutes les cases que vous souhaitez voir cochées pour une entreprise de services publics réglementée », a déclaré Darryl. « Les revenus d'abord. »

January 16, 2023
Barrick Gold before Mark Bristow had trouble as a stock: Analyst - Martin Pradier, notre analyste en investissement pour les matériaux, a rejoint BNN Bloomberg pour discuter des perspectives de l'or et des principales sociétés minières aurifères Agnico Eagle Mines Ltd., Barrick Gold Corp. et Newmont Corp.

December 22, 2022
Brookfield Unit’s Rough Start Looks Like an Opportunity to Goldman - Dimitry Khmelnitsky, notre chef de la comptabilité et des situations spéciales, propose une vision alternative à l'opinion de Goldman Sachs sur Brookfield Corp. et sa récente scission Brookfield Asset Management Inc. dans cet article de Bloomberg.

December 21, 2022
Canadian banks debt servicing costs will hit a new high in 2023: Analyst - Our Financial Services Analyst Nigel D'Souza was on BNN Bloomberg discussing his outlook for the Canadian Big Six banks as Canadians face inflationary pressure and higher mortgage rates.

December 19, 2022
Economic outlook to create ‘stiff headwinds’ for insurers but dividends are sustainable - Nigel D’Souza, our Financial Services Analyst, sees the global economic outlook as offering stiff headwinds for profits for Canada's life insurers, which is why he favours Manulife Financial Corp. over Sun Life Financial Inc. and Great-West Lifeco Inc.

December 14, 2022
BMO's plans to fund Bank of the West deal shaken by surprise OSFI capital-buffer changes - Veritas Financial Services Analyst Nigel D'Souza comments on Bank of Montreal's recent equity offering to pay for a major acquisition.

November 28, 2022
We believe there will be a deterioration in the macro outlook for the Big Six banks: Nigel D’Souza - Our Financial Services Analyst Nigel D'Souza was a guest on BNN Bloomberg, providing his outlook for the Canadian banks as they started reporting their Q4-F22 results this week.

November 21, 2022
Home Capital's current share price worth below $30/share is a worse case scenario: Nigel D'Souza - Notre analyste des services financiers, Nigel D'Souza, est apparu sur BNN Bloomberg aujourd'hui pour discuter de l'accord de Home Capital Group Inc. pour être acquis par Smith Financial pour 44 $ par action. « Je pense que l'offre est juste », a-t-il déclaré. « Je pense que les actionnaires devraient l'accepter et l'approuver. » Nigel avait récemment conseillé à nos clients d'ACHETER l'action car elle se négociait à une valorisation « incroyablement bon marché ».

November 01, 2022
Brookfield Eases Concern About Slow Deal Pace With Westinghouse Sale - Dimitry Khmelnitsky, notre vice-président et chef de la comptabilité et des situations spéciales, a récemment initié la couverture de Brookfield Asset Management Inc. et a été cité dans cet article de Bloomberg à propos de la vente récente de l'une de ses participations, Westinghouse Electric Co. pour 8 milliards de dollars américains.

October 28, 2022
Solving Shopify’s misery: How Canada’s tech saviour lost its swagger — and why investors remain so scared - Desmond Lau, notre analyste des services de communication et des technologies de l'information, a donné son avis sur l'avenir de Shopify Inc. dans ce dossier du magazine ROB du Globe & Mail.

October 04, 2022
There's likely an external shareholder pressuring HSBC to focus on their core business: D'Souza - Nigel D'Souza, notre analyste des services financiers, a rejoint BNN Bloomberg pour expliquer pourquoi HSBC Holdings envisagerait de vendre sa division canadienne.

October 04, 2022
Banking: Veritas cuts bank targets, citing sour loan concerns - Notre analyste des services financiers, Nigel D'Souza, a abaissé ses valorisations sur l'ensemble des six grandes banques canadiennes, affirmant que la hausse des coûts d'emprunt et une éventuelle récession pourraient entraîner une augmentation des provisions pour pertes sur créances (PCL), comme le rapporte cet article de BNN Bloomberg. Bien que Nigel ait abaissé ses valorisations, il a relevé la Banque de Nouvelle-Écosse à l'achat et a réitéré que la Banque TD est sa principale recommandation dans le secteur.

September 14, 2022
Canadian Tire’s rise in past-due accounts might be a big red flag - Le chroniqueur du Globe & Mail, David Milstead, a cité notre analyste principale des produits de base de consommation et de la consommation discrétionnaire, Kathleen Wong, dans cet article sur les risques liés à l'activité de cartes de crédit de Canadian Tire.

August 22, 2022
Rising recession risks could make Canadian bank executives change their upbeat tune - Le Financial Post a cité notre analyste des services financiers, Nigel D'Souza, dans un article préparant les résultats du troisième trimestre 2022 des six grandes banques. « Je pense que les résultats seront très bien accueillis et qu'on pourrait voir un rebond des actions bancaires en raison du sentiment très négatif de ces derniers mois », a déclaré Nigel.

August 22, 2022
Far too early to sell Canadian bank stocks today for credit losses that are a year out - Notre analyste des services financiers, Nigel D'Souza, a rejoint BNN Bloomberg pour discuter de la saison des résultats du troisième trimestre 2022 des six grandes banques canadiennes, qui commence le 23 août avec la publication de la Banque de Nouvelle-Écosse. Vous vous souviendrez qu'il était devenu négatif sur le secteur en février, estimant que le marché ne mesurait pas l'impact des fortes hausses de taux d'intérêt sur les valorisations. La semaine dernière, dans un rapport destiné à ses clients, il a relevé la Banque de Nouvelle-Écosse (TSX : BNS), la Banque Canadienne Impériale de Commerce (TSX : CM) et la Banque Toronto-Dominion (TSX : TD) à ACHETER, le secteur ayant chuté d'environ 15 % par rapport à son sommet de janvier/février et se négociant à environ 9,5 fois les bénéfices prévisionnels. La Banque de Montréal reste à ACHETER, tandis qu'il a relevé la Banque Nationale (TSX : NA) à RÉDUIRE au lieu de VENDRE, et maintenu la Banque Royale (TSX : RY) à RÉDUIRE.

August 03, 2022
A new international accounting standard will have the biggest impact on Manulife: Analyst - Nigel D'Souza, notre analyste des services financiers, a rejoint Jacqueline Hansen de BNN Bloomberg pour discuter d'une nouvelle norme internationale d'information financière pour la comptabilité des contrats d'assurance (IFRS 17), affirmant qu'elle aura le plus grand impact sur Manuvie.

August 02, 2022
Lifecos face 'really epic' accounting change - here's why it matters - La nouvelle norme internationale d'information financière pour la comptabilité des contrats d'assurance (IFRS 17) exige que les compagnies d'assurance distinguent la source des revenus entre les activités d'assurance et les activités liées à l'investissement, telles que la gestion de patrimoine. « Le problème [actuellement], c'est que les compagnies d'assurance-vie ne font pas cette distinction », a déclaré l'analyste de Veritas, Nigel D'Souza, à BNN Bloomberg dans un article. « Je pense que [l'IFRS 17] conduira à une meilleure comparabilité et à plus de cohérence. »

July 28, 2022
'Calm before the storm': Canadian banks expected to start shoring up reserves as consumer credit risks build - Canada’s big banks may need to start shoring up their loan-loss provisions as the economic cycle turns and they eye growing consumer credit risks. “Given cycle highs in household leverage and the fastest pace of interest rate increases in over twenty years, we expect provisions for credit losses (PCLs) in the upcoming cycle to match or potentially exceed PCLs during the global financial crisis (GFC),” Veritas Financial Services Analyst Nigel D'Souza wrote in an extensive recent report for our clients that is quoted in this National Post article.

July 15, 2022
Canadian bank stocks could fall another 5-15% before they hit bottom: Veritas - Nigel D’Souza, our Financial Services Analyst, explained on BNN Bloomberg why he doesn't think Canadian bank stocks have yet reached a bottom.

June 24, 2022
Investors are selling banks now anticipating impact of headwinds in 2023: Analyst - Nigel D’Souza, our Financial Services Analyst, told BNN Bloomberg that the negative impact from rising rates or slowing growth is unlikely to be reflected until next year, but investors are getting ahead of that.

June 01, 2022
We could see valuation headwinds for banking sector if BOC moves above 2%: Analyst - Nigel D'Souza, our Financial Services Analyst, joined BNN Bloomberg to discuss how the Bank of Canada's second consecutive half-point rate hike impacts the outlook for Canadian bank stocks.

May 24, 2022
Historically, valuation multiples for banks have bottomed when credit losses peak: Veritas - Our Financial Services Analyst Nigel D'Souza was a guest with Andrew Bell on BNN Bloomberg discussing his outlook for Canadian bank earnings. Nigel explained that the best time to buy bank stocks historically has been when provisions for credit losses have peaked. Usually, credit losses peak about two years after interest rates start to rise.

May 19, 2022
How the automotive supply chain crisis is leading to efficiency and investment opportunity - Our Industrials Analyst Dan Fong looked at auto cycles for the last 40 years and found that whenever U.S. auto sales were in a recovery phase, auto maker and auto-parts stocks outperformed the market significantly. “Right now, we’re in a heavy contraction,” Dan told Globe Advisor. In a recovery phase, “automotive stocks tend to outperform the broader market wildly.”

May 03, 2022
Canadian corporations get lucky on pension funding - At Veritas, we have been tracking pension deficits at companies in the S&P/TSX 60 since 2007. We have constantly warned that companies’ profitable income statements failed to reflect chronic pension underfunding. However, as this article in The Globe and Mail lays out, things have turned on their head in the last two years.

April 07, 2022
2021 is not an appropriate benchmark for bank profitability: Analyst Nigel D’Souza - Nigel D'Souza, our Financial Services Analyst, told BNN Bloomberg that the increase in taxes for financial institutions unveiled in the federal budget is not justified, as banks benefited in 2021 due to several temporary factors.

April 06, 2022
No risk of banks increasing fees, but they might generate fewer loans: D'Souza on big banks surtax - Nigel D'Souza, our Financial Services Analyst, joined BNN Bloomberg to discuss the risks of the surtax on banks ahead of the Federal Budget. He notes that apart from setting a dangerous precedent, it could also push banks to generate fewer loans, affecting the Canadian economy.

March 22, 2022
Biggest risk of bank surtax is precedent it sets: Veritas Analyst - The Liberal and NDP partnership means that the proposed surtax on profits for major Canadian financial institutions is a step closer to reality. The proposal taxes profits an extra 3% beyond $1 billion. “It’s not something that’s going to impact the banks’ earnings growth or the return on equity materially going forward,” Veritas Financial Services Analyst Nigel D'Souza told BNN Bloomberg. “To me, the bigger concern isn’t this tax rate itself, but whether it sets a precedent for more onerous taxation on bank profits in the future.”

March 09, 2022
This dividend-growth story is also a debt-downgrade candidate - Emera Inc has been raising its dividend for more than a decade and told Bay Street that it’s targeting 2% to 4% annual dividend growth through 2024. But Veritas Investment Research analyst Darryl McCoubrey casts doubt on that outlook, as reported in this Globe & Mail article.

February 23, 2022
The Canadian banks will show softer earnings results this quarter - Nigel D'Souza, notre analyste des services financiers, a rejoint BNN Bloomberg pour expliquer pourquoi il pense que les banques canadiennes afficheront des résultats plus faibles dans les divisions des marchés des capitaux et de la gestion de patrimoine lors de la publication des résultats du T1-F22. Il souligne également les risques potentiels à venir pour le secteur, notamment la hausse des taux d'intérêt.

February 22, 2022
Analyst downgrades five of the Big 6 banks over worries risks of rate hikes will outweigh rewards - Le Financial Post a également couvert Nigel D'Souza, notre analyste des services financiers, qui a abaissé la note de cinq des six grandes banques.

February 09, 2022
Analyst cuts five of Big Six banks to sell on rate-hike fallout - Nigel D’Souza, our Financial Services Analyst, downgraded all but one of Canada’s Big Six banks, citing the eventual drag from higher interest rates, as covered in this article by BNN Bloomberg.

January 30, 2022
Why renewable energy stocks are tanking again, despite climate change fears - Veritas Utilities and Infrastructure Analyst Darryl McCoubrey explained in this Globe & Mail article why many renewable energy stocks have fallen sharply in recent months.

January 26, 2022
Canadian banks stand to benefit once the BoC hikes interest rates - Nigel D’Souza, our Financial Services Analyst, joined BNN Bloomberg to discuss his reaction to the Bank of Canada keeping rates on hold at its January meeting this week. Nigel noted he was surprised by the decision to hold rates steady, but expects hikes to begin in the coming months.

January 24, 2022
Canada's housing market is betting interest rates will never rise - A Veritas survey was cited in this article by Bloomberg about Canada's housing market. The survey found about 40% of residential real estate investors were only breaking even in 2020 — making that group completely reliant on price appreciation to earn a return.

January 21, 2022
Fresh vs frozen: Circle K, On The Run parents face off in convenience store food fight - Veritas Retail Analyst Kathleen Wong was quoted in this BNN Bloomberg story about the strategy of convenience stores, particularly Alimentation Couche-Tard, to offer more food services.

December 30, 2021
IASB’s Investor Update December 2021 Newsletter - Profile - The leadership at Veritas takes an active role in representing investors to accounting and financial markets regulators. Anthony Scilipoti, Veritas President and CEO, is a member of the International Accounting Standards Board Capital Markets Advisory Committee and was profiled in the IASB’s Investor Update December 2021 Newsletter. Anthony covered how Veritas was founded, what makes investing in Canada unique both from a sector mix and a financial reporting point of view, areas of corporate reporting that can be improved and what topics standard setters should focus on in coming years.

December 19, 2021
Bombardier shares drop as Swedish corruption probe unfolds - Anthony covered how Veritas was founded, what makes investing in Canada unique both from a sector mix and a financial reporting point of view, areas of corporate reporting that can be improved and what topics standard setters should focus on in coming years.

November 29, 2021
Preparing for Q4-F21 Bank Earnings - Nigel D’Souza, our Financial Services Analyst at Veritas Investment Research, joined BNN Bloomberg’s Amanda Lang ahead of the Canadian banks releasing their Q4-F2021 results this week.

November 04, 2021
Banking regulator set to make announcement on capital distributions - Nigel D’Souza, our Financial Services Analyst, discussed how the regulator will likely allow banks to raise dividends again in this article by Canadian Press.

November 03, 2021
"I expect OSFI to announce banks can pursue dividend hikes and share buybacks" - Nigel D’Souza, our Financial Services Analyst, was a guest on BNN Bloomberg with Amanda Lang to discuss how the banking regulator will likely allow banks to raise dividends and participate in share buybacks again.

October 24, 2021
SNC-Lavalin suing government for damages over Montreal’s Champlain Bridge project - Veritas Special Situations Analyst Dimitry Khmelnitsky commented on the company's lawsuit versus the Canadian government, noting that the lawsuit is another indication that SNC’s decision in 2019 to exit fixed-price construction was the right one.

October 21, 2021
Emera not currently the best choice in utilities - Veritas is the only firm with a Sell rating on Emera. Darryl McCoubrey, VP of Utilities and Infrastructure at Veritas, joined BNN Bloomberg to discuss why he is wary of the stock.

October 16, 2021
A buy-and-hold utility with a growing dividend - Veritas Utilities Analyst Darryl McCoubrey's main concern with Emera is that the company's investment-grade credit rating could be at risk if the company fails to improve its debt ratios, as discussed in this Globe & Mail article.

October 13, 2021
Shareholders should look to lock in gains on Lightspeed shares amid competitive pressures - Veritas's research about Lightspeed's disclosure and growth prospects is referred to in this piece by Globe & Mail columnist David Milstead.

October 08, 2021
How to play the new energy bull market - Jeffrey Craig, Veritas Energy Analyst, is bullish on the sector, and particularly on major Canadian oil sands companies. "You could see some serious dividend increases and a lot of share buybacks.”

September 30, 2021
Canadian tech firm Lightspeed walloped - Veritas Analyst Howard Leung's report was quoted in this CBC story about Lightspeed: "Investor doubts persist around [Lightspeed] because management is not providing enough high-quality disclosure."

September 25, 2021
The death of profit: Why investing feels broken, and markets no longer make sense - Howard Leung, analyste FPI et technologie chez Veritas, a été cité dans ce dossier du Globe and Mail sur les raisons pour lesquelles les investisseurs injectent d'énormes sommes d'argent dans des entreprises déficitaires dans l'espoir de trouver le prochain Amazon.

September 21, 2021
Liberal tax hike will impact earnings but not economic fundamentals of banks - Nigel D’Souza, notre analyste des services financiers, a été l'invité de BNN Bloomberg avec Greg Bonnell, pour discuter de son point de vue sur la victoire minoritaire du gouvernement libéral et de la façon dont ses hausses d'impôts proposées pour les banques et les assureurs affecteront le secteur financier et les actionnaires.

August 23, 2021
Canadian banks will have to navigate the impact of the Delta variant - L'analyste des services financiers de Veritas, Nigel D'Souza, a discuté de ses perspectives pour le troisième trimestre des banques canadiennes avec Greg Bonnell sur BNN Bloomberg, prédisant que les investisseurs ne récompenseraient pas les banques pour les reprises de provisions pour pertes sur créances.

July 28, 2021
Canadian restaurant stocks rebound from COVID-19 pandemic, but concerns linger - Kathleen Wong, Senior Retail Analyst at Veritas, told the Globe & Mail that quick-service restaurants are the best way to play restaurant stocks as economies reopen after lockdowns.

July 21, 2021
Investors unlikely to reward pandemic-boosted Canadian bank results - L'analyste des services financiers de Veritas, Nigel D’Souza, est apparu sur BNN Bloomberg pour discuter de son dernier rapport sur les banques canadiennes.

July 14, 2021
Oilsands assets worth $13.4 billion may be up for grabs with Big Oil on divestment spree - Des actifs de sables bitumineux canadiens d'une valeur potentielle de 13,4 milliards de dollars pourraient être mis en vente alors que les grandes compagnies pétrolières se départissent de leurs actifs de pétrole lourd dans l'Ouest canadien, selon un rapport de notre analyste énergie Veritas Jeff Craig, cité par le Financial Post.

July 03, 2021
With limitations of remote work becoming more evident, REITs will be among biggest beneficiaries - Alors que les confinements s'assouplissent et que les gens retournent au bureau, l'analyste immobilier de Veritas, Howard Leung, a donné son avis au Globe & Mail sur la façon dont cela affectera les FPI de bureaux.

June 17, 2021
“I think it’s appropriate for OSFI to raise the DSB in October:” - L'analyste des services financiers de Veritas, Nigel D’Souza, est apparu sur BNN Bloomberg avec Amanda Lang pour expliquer ce que signifie la décision du régulateur bancaire d'augmenter le coussin de stabilité pour les actions bancaires.

June 11, 2021
Canadian auto parts makers give investors a chance to bet on North America’s economic reopening - Veritas Industrial Analyst Dan Fong provided his outlook on Canadian auto parts companies in this article by Ian McGugan in The Globe & Mail. “There is a very positive set of factors driving the outlook for the auto sector right now,” he said.

May 27, 2021
Regulators now equipped to crack down on misleading financial metrics - Veritas President and CEO Anthony Scilipoti provided his opinion on new Canadian regulations for non-GAAP financial reporting in this article in The Globe & Mail. “I’m impressed that it has more teeth than even the U.S. regulations."

May 25, 2021
Canadian banks likely to release pandemic-era provisions for sour loans - Veritas Financial Services Analyst Nigel D'Souza appeared on BNN Bloomberg with Amanda Lang to discuss how he expects the banks to beat expectations for Q2 earnings.

May 18, 2021
Bombardier strikes deal with mystery investor in bid to end debt covenant saga - L'analyste industriel de Veritas, Dan Fong, a fourni son analyse des tactiques de défense de Bombardier dans un différend avec un détenteur d'obligations dans cet article du Globe & Mail.

May 14, 2021
CN and CP are offering enormous sums for Kansas City Southern, but history suggests the payback will be robust - L'analyste industriel de Veritas, Dan Fong, a parlé au Globe and Mail de ses opinions d'investissement sur les chemins de fer et les fusions.

May 12, 2021
What to expect from Home Capital Group earnings on Thursday - L'analyste des services financiers de Veritas, Nigel D'Souza, a présenté les facteurs favorables qu'il voit pour les perspectives de Home Capital Group dans cet article du Globe & Mail.

May 11, 2021
Flexible reporting standards mean investors know little about when companies used emergency wage subsidies - Le président et chef de la direction de Veritas, Anthony Scilipoti, a discuté avec The Globe & Mail de la façon dont le programme canadien de subvention salariale d'urgence obscurcit la capacité des investisseurs à évaluer la performance des entreprises pendant la pandémie.

May 07, 2021
How dividend stocks can protect you from inflation - Les producteurs d'électricité et les services publics disposent de mécanismes pour se protéger contre l'inflation, a déclaré Darryl McCoubrey, chef de la recherche chez Veritas, au Globe & Mail.

May 03, 2021
Bombardier disputes unnamed bondholder’s claims it breached pledges over sale of train unit - Dan Fong, analyste industriel chez Veritas, a donné son avis sur le différend avec les détenteurs d'obligations dans un article du Globe and Mail.

April 30, 2021
The trouble with ‘bubble’: Why Canada’s red-hot housing market is defying the burst - Le président et chef de la direction de Veritas, Anthony Scilipoti, a été cité dans ce dossier du samedi du Globe & Mail sur le marché du logement. Il a déclaré que l'économie canadienne dépendait trop du secteur résidentiel imprévisible, la rendant vulnérable à toute faiblesse dans ce domaine. « Ce n'est pas bon pour le pays. »

April 01, 2021
Veritas Analyst Howard Leung has been appointed to be a member of the Canadian Accounting Standards Board - Le CNC est un organisme indépendant qui établit les normes d'information financière pour toutes les entités du secteur privé canadien et contribue aux normes internationales d'information financière acceptées.

March 12, 2021
Household savings are fuelling the demand side of Canada’s housing market - Nigel D’Souza, analyste des services financiers chez Veritas, a été invité sur BNN Bloomberg pour expliquer pourquoi il ne pense pas que les prix des maisons vont baisser prochainement.

March 11, 2021
SPAC'd out: Everything you need to know about the next hyped-up investment fad - Le président et chef de la direction de Veritas, Anthony Scilipoti, a partagé quelques conseils et réflexions dans cet article de CBC sur la raison pour laquelle de nombreux SPAC arrivant sur le marché aujourd'hui finiront mal.

February 22, 2021
Investors should be overweight Canadian banks tied more closely to financial markets - Amanda Lang de BNN Bloomberg a interviewé l'analyste de Veritas Nigel D’Souza au sujet des perspectives pour les six grandes banques à l'approche de la saison des résultats du premier trimestre.

February 18, 2021
Shopify: Barriers to higher valuation - Le Financial Post a interviewé l'analyste de Veritas Chris Silvestre au sujet du modèle économique de Shopify comparé à celui d'Amazon.

February 16, 2021
Shopify’s growth path is the biggest unknown as valuation soars - Veritas Analyst Chris Silvestre was interviewed by Bloomberg about Shopify’s 2021 outlook: “The recent pace of growth is unsustainable.”

February 13, 2021
With Shopify set to report record Q4 Wednesday, CEO Tobi Lutke looks to change ‘everything’ about the eCommerce platform - The Globe & Mail quoted Veritas Analyst Chris Silvestre about Shopify’s growth prospects. Shopify is “so large that sustaining the recent pace of penetration gains in the U.S. is unlikely.”

February 05, 2021
Beaten-down REITs could see negative sentiment reverse quickly as lockdowns end - Veritas Analyst Howard Leung was interviewed by Ian McGugan in The Globe & Mail about value opportunities in the REIT sector.

January 26, 2021
International Accounting Standards Board survey to analysts and investors who follow the Metals & Mining or the Oil and Gas Sectors. - L'IASB nous a demandé de transmettre ce sondage alors qu'il tente de décider s'il doit élaborer des propositions pour remplacer l'IFRS 6 Exploration et évaluation des ressources minérales.

January 21, 2021
TC Energy could shrug off loss of Keystone XL pipeline project - "A loss in its oil business indirectly enhances opportunity in its other, much more important operations," Darryl McCoubrey, Veritas Head of Research, told S&P Global Market Intelligence. "I don't get why it's all doom and gloom.

January 21, 2021
CPAs and the New Social Contract: The Rise of the Warrior Accountant. - « L’évaluation ESG est subjective, avec trop peu d’accent sur la façon dont elle est calculée… Ce n’est pas parce qu’une entreprise a des scores ESG élevés ou faibles que c’est un bon investissement », déclare Anthony Scilipoti, président et chef de la direction de Veritas, dans ce rapport de CPA Ontario.

January 18, 2021
Why Shopify’s Tobias Lütke is No. 2 on the 2021 Maclean’s Power List - Writer Jason Kirby interviewed Veritas Analyst Chris Silvestre about Shopify’s dizzying valuation. “Shopify is a phenomenal company at the right price. But it’s so hard to wrap your head around the valuation.”

January 18, 2021
What blocking Keystone XL could mean for the Canadian energy sector - Veritas Head of Research Darryl McCoubrey appeared on BNN Bloomberg discussing the implications for pipelines and oil producers if President-elect Joe Biden blocks Keystone XL as rumoured.

January 08, 2021
Pandemic, oil downturn hitting Calgary's office real estate with one-two punch - Veritas Energy Analyst Jeff Craig told BNN Bloomberg that consolidation in the energy industry is expected to be a continuing trend.

January 06, 2021
Markets react to prospect of 'blue wave' in Georgia Senate vote - Veritas Investment Research Head of Research, Darryl McCoubrey, was quoted by the CBC in this article about markets reacting to the Democratic “blue wave” and the impact on renewable energy stocks.

December 22, 2020
Air Canada is well-positioned to weather the storm - Veritas Industrial Analyst Dan Fong joined BNN Bloomberg to discuss his outlook on Air Canada.

December 09, 2020
Veritas Residential Real Estate Investment Property Survey Results - Please see our slide deck on how real estate investors could impact future house prices.

November 30, 2020
Canadian banks well-positioned to meet or exceed Q4 expectations - Veritas Financial Services Analyst Nigel D’Souza appeared on BNN Bloomberg to discuss upcoming bank earnings and why he has a cautious outlook for next year.

November 25, 2020
The growth and acquisition outlook for TFI International - L'analyste de Veritas, Don Fong, a discuté des opportunités de l'entreprise de camionnage lors de la réouverture de l'économie dans cet article de Transport Dive.

November 20, 2020
How much are Canadian real estate prices vulnerable to expiring mortgage deferrals? - Better Dwelling wrote about a report by Veritas Analyst Nigel D’Souza that estimated what a supply-shock from financially pressured homeowners could do to the housing market.

November 06, 2020
Why we upgraded three of Canada’s banks - Veritas Investment Analyst Nigel D’Souza appeared on BNN Bloomberg to explain why he no longer has a SELL on all of the Big Six.

November 03, 2020
How a murky balance sheet line signals weak profits ahead - Veritas Analyst Dan Fong provided insights into how investors should look at deferred tax assets in this Globe & Mail article.

October 29, 2020
How Accounting Standard Changes Affect Investment Research - Veritas REITs and Technology Analyst Howard Leung was a guest on LumiQ’s podcast: A Discussion on Restatement Rules, Real-World Scenarios, and Accounting Policy Choices (the link includes a free trial for LumiQ, which is a podcast site that provides Continuing Professional Development credits for Chartered Professional Accountants. Register and then search for the Veritas podcast).

October 27, 2020
Oil patch primed for more consolidation in wake of Cenovus deal for Husky - Veritas Analyst Jeff Craig was quoted in this article by The Financial Post about why more mergers may happen.

September 17, 2020
Bombardier bonds, shares rise as rail sale to Alstom is signed - Bloomberg quoted Veritas Analyst Dan Fong about the market's reaction to Bombardier finalizing the sale of its train unit.

September 15, 2020
Downtown Won’t Become a Ghost Town - Veritas President and CEO Anthony Scilipoti and REIT Analyst Howard Leung discussed real estate investing in this Morningstar Market Insights article.

September 15, 2020
Veritas places #1 and #3 in Refinitiv StarMine Awards with eight total awards - Desmond Lau, our Communication Services & Information Technology Analyst, placed first overall across all industries and analysts in Canada, while Dan Fong, our Industrials Analyst, placed third overall. We have won awards for the past seven consecutive years.

August 28, 2020
Retail apocalypse now?: A day of reckoning may be approaching for two of Brookfield's property entities - Le Financial Times a cité Veritas Investment Research dans cet article sur Brookfield Property Partners.

August 21, 2020
We Nailed Bombardier, Nortel & Valeant. Who’s Next? - Dans cette interview avec Mark Bunting d'Uncommon Sense Investor, Anthony Scilipoti, président et chef de la direction de Veritas, a expliqué pourquoi les investisseurs doivent être plus prudents maintenant qu'à tout autre moment du cycle de marché.

July 27, 2020
Canadian banks face rising loan losses as Government COVID-19 support programs taper off - Financial Services Analyst Nigel D’Souza is quoted in The Globe and Mail.

July 15, 2020
Survey: How do you use Financial Statements? Veritas/AASB Survey - We represented external users on Canada’s Auditing & Assurance Standards Board’s Extended External Report (EER) advisory group. The standards setters were proposing changes to unaudited financial reports.

July 11, 2020
When the tide goes out, what companies will be left standing naked? - Veritas President and CEO Anthony Scilipoti was the guest on Governance Dialogues with Alissa Kole. They discussed how investors can protect themselves from companies that may cheat or stretch accounting during an economic shock.

June 09, 2020
Shopify Is Enjoying a Big Moment and Hoping It Will Last - L'analyste de Veritas Chris Silvestre a été interviewé pour cet article dans Bloomberg Businessweek.

May 26, 2020
Banks will see credit losses peak at end of 2020 - L'analyste en investissement de Veritas, Nigel D’Souza, est apparu sur BNN Bloomberg avec Amanda Lang pour discuter du prochain cycle de publication des résultats trimestriels des banques canadiennes.

May 21, 2020
Residential real estate: a reckoning or just a softening? - L'analyste en investissement de Veritas, Howard Leung, s'est entretenu avec Morningstar au sujet de certaines opportunités dans les FPI.

April 29, 2020
Stock markets are surging, but has this rebound come too far, too fast? - Veritas Head of Research Sam La Bell was interviewed in this Financial Post article about the dislocation between earnings and rising stocks.

April 27, 2020
The economy with a capital ‘E’: markets, energy and housing - CBC radio host Paul Haavardsrud interviewed Veritas President and CEO Anthony Scilipoti on the pandemic’s effects on the market.

April 21, 2020
What to make of this quarter’s earnings season - Veritas Head of Research Sam La Bell told MoneySense how to evaluate companies as they report Q1 during the pandemic.

April 17, 2020
It doesn’t take much extra supply to tip the housing market - Anthony Scilipoti, président et chef de la direction de Veritas, a discuté avec Amanda Lang de BNN Bloomberg de l'effet négatif de la pandémie sur le marché du logement.

April 15, 2020
Once Safer Than Gold, Canadian Real Estate Braces for Reckoning - Anthony Scilipoti, président et chef de la direction de Veritas, a été interviewé par Bloomberg au sujet des prix des maisons.

April 13, 2020
Alberta eyes 'liquidity package' for oilpatch from Ottawa as OPEC+ deal underwhelms - L'analyste Jeff Craig de Veritas a été cité dans le Financial Post au sujet des prix du pétrole à court et long terme dans le contexte de la pandémie.

April 12, 2020
A 60-cent loonie and painful days for banks and homeowners: predictions for what comes next - Le président et chef de la direction de Veritas, Anthony Scilipoti, et le directeur de la recherche, Sam La Bell, ont rédigé une chronique pour The Globe and Mail.

April 07, 2020
The weakest corporate pension plans now have even bigger problems - L'analyste de Veritas, Dimitry Khmelnitsky, a été cité dans The Globe & Mail, affirmant que les déficits de retraite augmenteront considérablement en raison de la crise pandémique.

April 03, 2020
COVID-19 – Thoughts on the markets and the future - Le 26 mars, nous avons publié un rapport pour nos clients qui examine les impacts socio-économiques à court et à long terme du virus COVID-19. Le rapport a suscité une telle réaction que nous avons jugé approprié de le partager largement.

March 31, 2020
Oil stocks surge after Keystone deal, but sector isn't out of the woods yet - Veritas Analyst Jeff Craig was quoted in The Financial Post, cautioning investors about the rally in oil stocks.

March 17, 2020
Low interest rates making simple investing difficult - BNN Bloomberg interviewed Anthony Scilipoti, Veritas President and CEO, about how investors should approach the markets with volatility caused by the coronavirus pandemic and interest rates approaching zero.

March 15, 2020
How to manage the market volatility - A special message about the market turmoil from Team Veritas.

March 13, 2020
Energy stocks best-positioned to survive the oil price war - L'analyste de Veritas Jeffrey Craig est apparu sur BNN Bloomberg pour discuter des actions énergétiques canadiennes qui valent la peine d'être achetées pendant la guerre des prix du pétrole.

March 13, 2020
The market rout is a gift for income seekers - Le Globe and Mail a interviewé l'analyste Veritas Darryl McCoubrey au sujet des opportunités d'achat d'actions à dividendes dans les services publics et les infrastructures pendant la chute du marché.

March 11, 2020
The bear case against Canadian banks amid oil shock - Sur BNN Bloomberg, l'analyste Veritas Nigel D’Souza a expliqué pourquoi il est encore trop tôt pour acheter des banques et comment la chute du prix du pétrole affecte sa thèse.

March 06, 2020
Vermilion Energy slashing dividend in half, points to virus impact - BNN Bloomberg quoted Veritas analyst Jeff Craig, who had predicted that management should cut the dividend.

March 04, 2020
Amid uncertain market, GFL shares sink on first day of trading - The Globe & Mail a cité l'analyste Veritas Darryl McCoubrey à propos de l'introduction en bourse de la société de gestion des déchets.

February 27, 2020
Vermilion Energy could slash dividend in half, Veritas warns - BNN Bloomberg a cité l'analyste Veritas Jeff Craig à propos de son analyse de la viabilité du dividende de la société pétrolière et gazière.

February 24, 2020
Canadian banks face elevated credit risk in 2020 - BNN Bloomberg interviewed Veritas Analyst Nigel D’Souza about his cautious earnings outlook for the Big Six Banks.

February 14, 2020
Canada’s market cops trying again to police companies’ funny numbers - The conversation about non-GAAP financial reporting abuses accelerated when The Globe and Mail published the results of a report by Veritas Investment Research.

February 13, 2020
Shopify leadership manages expectations for 2020 despite 'spectacular' fourth quarter - Financial Post quoted Veritas analyst Chris Silvestre on the company’s earnings outlook.

February 09, 2020
Bombardier Has Choice Between Trains or Jets With China Pressing - Bloomberg a cité l'analyste de Veritas Dan Fong, qui a déclaré qu'il existe une raison légitime pour que les entreprises ferroviaires occidentales se consolident afin de mieux concurrencer CRRC de Chine.

January 17, 2020
VP Business Development Tom Jarmai Retires and Other Personnel Changes at Veritas - Cette annonce comprenait la promotion de Josie Monasterolo au poste de vice-présidente des opérations.

December 30, 2019
Canadian Regulators Delay Plan to Toughen Rules on Companies’ use of Non-GAAP Measures - Le Globe and Mail a cité Anthony Scilipoti, président et chef de la direction de Veritas, qui a exprimé l'espoir que la proposition finale sera au moins aussi stricte que les mesures américaines.

December 19, 2019
IFRS Foundation announces appointments - Le président et chef de la direction de Veritas, Anthony Scilipoti, a été nommé au Comité consultatif des marchés de capitaux.

December 13, 2019
Canadian Housing Market Perspectives - Un rapport de notre conférence d'automne sur le logement par Scott Adams. Il comprenait des analyses sur l'impact économique du test de résistance hypothécaire ; le marché des condos ; les contraintes sur les nouvelles constructions ; le développement d'appartements ; comment les investisseurs immobiliers pourraient aggraver une correction des prix des maisons ; le marché hypothécaire parallèle ; le blanchiment d'argent des investisseurs étrangers ; l'insolvabilité des consommateurs, les innovations en urbanisme et plus encore.

December 09, 2019
Taming expectations for Shopify - BNN Bloomberg a interviewé l'analyste Veritas Chris Silvestre pour savoir pourquoi il avait une recommandation de « vente » sur l'action. Bien que la société de commerce électronique ait un long potentiel de croissance, Chris a déclaré que la valorisation semblait élevée sur une base autonome.

December 06, 2019
Canadian bank stocks could fall as much as 20% into 2021 - BNN Bloomberg a interviewé l'analyste Veritas Nigel D’Souza au sujet de ses opinions sur la plus récente série de résultats des banques canadiennes et de sa recommandation baissière sur cinq des six grandes banques.

December 04, 2019
Finance professionals wary over today’s non-GAAP reporting, say experts - Un article des Comptables professionnels agréés du Canada cite Anthony Scilipoti, président et chef de la direction de Veritas, à propos des responsabilités professionnelles des CPA.

November 19, 2019
Dimitry Khmelnitsky, Special Situations Analyst, received the #2 ranking for the past three years - Les classements sont établis selon les investisseurs institutionnels et fournis par les Brendan Woods International TopGun Canadian Equity Research Analyst Awards.

November 12, 2019
Checking on the sell calls on Canada's banks - BNN Bloomberg

November 12, 2019
Canadian Banks Shore up Their Defenses - The Banker Canada

November 11, 2019
What’s it really worth? Shopify’s stock has doubled this year, but new competition is on the horizon - Globe and Mail

November 07, 2019
Oil and gas company forced to sell itself at 80% discount ‘canary in the coal mine’ for struggling sector - Financial Post

October 23, 2019
Dimitry Khmelnitsky, Special Situations Analyst, received the #1 ranking in Brendan Woods International TopGun Canadian Equity Research Analyst Awards - For coverage in 2019

October 22, 2019
This could be the cause of the next housing crash - Globe and Mail

October 03, 2019
Now is not the time to buy Canadian banks, analyst says - BNN Bloomberg

September 09, 2019
A third of Canada's stock market may be holding the rally back - BNN Bloomberg

September 04, 2019
Trash-talking-How-Patrick-Dovigi-built-Green-for-Life-into-a-waste-empire-Sept.4.2019-Veritas - Globe and Mail

September 03, 2019
Bank earnings wrap-up: how this analyst ranks Canadian financials - BNN Bloomberg

August 29, 2019
Canadian banks decouple from one another as economic cycle wanes - Financial Post

August 28, 2019
Canadian banks bear Nigel D'Souza turns bullish on BMO - BNN Bloomberg

August 27, 2019
Don't buy banks today: Financials analyst - BNN Bloomberg

August 21, 2019
Big Six banks brace for 'challenging' outlook on prospects of lower interest rates, roiled capital markets - Financial Post

August 16, 2019
From credit quality to low rates: What Bay Street is watching this bank earnings season - BNN Bloomberg

June 29, 2019
BlackBerry violates SEC rules with use of non-standard metrics - MarketWatch

June 20, 2019
Veritas Wins Five Starmine Analyst Awards from Refinitiv - 2019 marks the sixth consecutive year that Veritas analysts have received Refinitiv Starmine Analyst Awards

June 20, 2019
Why this top analyst has a sell rating on each of the Big Six banks - Globe and Mail

May 27, 2019
Even a 'Normalization' of Credit Risk Could Hurt Bank Shares: Veritas - BNN Bloomberg

May 23, 2019
Germany Licences Confirmed, Though Significance Uncertain - Globe and Mail

May 12, 2019
Cash-hungry Engineering Assets Threaten SNC Plans for Breakup, Analysis Finds - Globe and Mail

April 25, 2019
Is Shaw’s Wireless Success Enough to Offset its Cable Business Declines? - Globe and Mail

April 04, 2019
Bull and Bear Debate on Future of the Cannabis Sector - BNN Bloomberg

March 26, 2019
BMO Joins Rest of Canada's Big Banks on Veritas' 'Sell' List - BNN Bloomberg

March 18, 2019
Air Canada and WestJet Still a 'Buy' Despite the Grounding of 737 Max 8 Jets - BNN Bloomberg

March 11, 2019
Real Estate, Rates and Potential Hurdles for Canadian Banks - BNN Bloomberg

March 11, 2019
The Bear Case on Canada's Big Banks - BNN Bloomberg

March 01, 2019
A Bearish Take on Canada's Banks - BNN Bloomberg

February 25, 2019
Cracks appear in Toronto’s new-build condo craze as the investor-supported frenzy fizzles - Globe and Mail

February 13, 2019
Combing through changes in reporting standards - BNN Bloomberg

February 12, 2019
Canadian Tire earnings need a healthy dose of skepticism after accounting changes - Globe and Mail

February 12, 2019
Dimitry Khmelnitsky, Special Situations Analyst has received a # 3 ranking in Brendan Woods International TopGun Canadian Equity Research Analyst Awards - 2018

January 31, 2019
Don’t blame Doug Ford for the Hydro One’s U.S. deal collapse - Maclean's

January 30, 2019
Why Veritas doubts there are many buyers for TransCanada's Coastal Gaslink - BNN Bloomberg

January 10, 2019
Air Canada boosts Aeroplan purchase price – but remains the buyout’s big winner - Globe and Mail

January 05, 2019
Aphria’s dealmaker: How a self-described outsider found himself in the hot seat - Globe and Mail

December 12, 2018
Regulators move ahead with changes to how companies report non-GAAP results to investors - Globe and Mail

December 05, 2018
Cannabis producer Aphria drops 30% after short seller calls acquisitions 'worthless' - CBC News

November 27, 2018
On the TSX, pain is spreading beyond energy stocks as crude’s tumble gathers steam - Globe and Mail

November 16, 2018
Six things we learned about the cannabis industry this week - Toronto Star

October 31, 2018
Why investors are still cool on oil stocks despite blockbuster earnings - Financial Post

October 23, 2018
It would take two 'Canadas' to justify current pot valuations: Veritas analyst - BNN Bloomberg

October 17, 2018
'Bloomberg Markets: The Open' Full Show - Bloomberg

October 16, 2018
Canadian cannabis valuations at risk of falling precipitously: Veritas - BNN Bloomberg

October 15, 2018
Canada: Debt of a Nation - Financial Times

October 12, 2018
Pot Stocks Find a Bear With Analyst Eyeing ‘End of Cannabis Rainbow’ - Bloomberg

October 12, 2018
Securities watchdogs raise red flag over disclosure issues in pot industry - Globe and Mail

September 18, 2018
Why Fortis should be a core holding for dividend investors - Globe and Mail

September 04, 2018
Why a short seller is winning the battle so far with Maxar - Globe and Mail

August 24, 2018
With Aeroplan back under Air Canada's wing, Aimia's future is up in the air - Financial Post

August 23, 2018
Aimia's future without Aeroplan - BNN Bloomberg

August 02, 2018
Why Capital Power’s dividend just went up – again - Globe and Mail

July 23, 2018
How Amarjeet Sohi can help Ottawa sell Trans Mountain - BNN Bloomberg

July 17, 2018
Hydro One still an appealing stock investment, says Veritas analyst - BNN Bloomberg

July 16, 2018
Why Canadian Bank Investors Should Shudder with Each Rate Increase - Globe and Mail

July 04, 2018
Anthony Scilipoti reappointed to another term at Continuous Disclosure Advisory Committee (CDAC) at The Ontario Securities Commission. The CDAC advises OSC staff on the planning, implementation and communication of its continuous disclosure review program, as well as related policy initiatives. - TORONTO – The Ontario Securities Commission (OSC)

June 14, 2018
Accounting Standards Board launches new financial-performance reporting guidelines - Globe and Mail

June 05, 2018
Ontario Fair Hydro Bonds Offer Fat Yield, Political Baggage - Veritas PDG Anthony Scilipoti sur Fair Hydro Trust - Bloomberg

March 16, 2018
Why the Choice-CREIT deal is like to be a long-term winner for investors - Globe and Mail

February 14, 2018
Canadian stocks that will benefit the most – and the least – from U.S. tax reforms - Globe and Mail

January 23, 2018
Package Deal - Globe and Mail

December 15, 2017
Investors are still getting a distorted view of TSX stocks' financials - and regulators are promising to act - Globe and Mail

December 15, 2017
Investors, it’s time to take action on the persistent and problematic use of non-GAAP measures - Globe and Mail

November 07, 2017
Why analysts are still bullish on Enbridge - Globe and Mail

October 31, 2017
A 6.8 per cent dividend yield that’s actually safe - Globe and Mail

October 16, 2017
New-mortgage-rules-likely-signficantly-depress-economic-growth-report-finds-October-16-2017-Veritas.pdf - Globe and Mail

October 05, 2017
Energy East termination 'not a big negative' for TransCanada: Analyst - Business News Network

September 25, 2017
How Valeant’s financial reporting may still echo the bad old days - Globe and Mail

September 10, 2017
Boeing’s complaint against Bombardier an ‘assault’ on Quebec’s economy, minister says - Globe and Mail

September 11, 2017
Why are investors paying a premium for analysts' least-liked TSX oil stock - Globe and Mail

July 28, 2017
A four-letter word every REIT investor should know - Globe and Mail

June 26, 2017
How a short-seller may have caused an accidental sell-off for two Canadian companies - Financial Post

June 24, 2017
Why Do Canadian Stocks Keep Blowing Up? - Barron's

June 02, 2017
3 keys for Dollarama’s success: Pricing power, plastic and plans to expand - Business News Network

May 18, 2017
China’s Comac eyes investment in Bombardier - Globe and Mail

May 18, 2017
Bombardier-Boeing spat 'creates uncertainty for prospective U.S. buyers': Veritas - Business News Network

May 12, 2017
Home Capital's collateral with HOOPP much higher than expected - Business News Network

May 10, 2017
Why CIBC's fund arm has just tripled its stake in Home Capital - Globe and Mail

April 27, 2017
Home Capital rebounds as it firms up line of credit, looks at possible sale - Globe and Mail

May 08, 2017
Caisse to withhold vote for Beaudoin as Bombardier chairman - Globe and Mail

May 08, 2017
Home Capital suspends dividend, taps credit line, bolsters board - Reuters

April 27, 2017
Home Capital rebounds as it firms up line of credit, looks at possible sale - Globe and Mail

April 27, 2017
‘Someone forced their hand here’: Veritas CEO suspects regulator pushed Home Capital - Business News Network

April 24, 2017
Why this utility stock is gaining appeal among longer-term investors - Globe and Mail

April 23, 2017
Investors look for financial restraint as good times roll for gold miners - Globe and Mail

April 12, 2017
BlackBerry stock surges after Qualcomm settlement - Business News Network

April 10, 2017
Buy ratings for Canada Goose surge as underwriters begin coverage - Globe and Mail

April 09, 2017
How to dissect the earnings of marijuana producers - Globe and Mail

March 29, 2017
Inside Valeant’s fall - Globe and Mail

February 23, 2017
Ranks of stock analysts dwindle as markets shift, demand ebbs - Globe and Mail

February 08, 2017
Veritas maintaining sell rating on Bombardier despite federal loan - Business News Network

February 08, 2017
A warning to Bombardier investors: Its debt metrics are the worst they've ever been - Globe and Mail

February 03, 2017
Canadian company’s story shows why Trump might succeed in lowering drug prices - Global News

February 01, 2017
U.S. shale production optimism is misplaced, says Veritas analyst - Business News Network

January 30, 2017
Private Equity Firms Muscle into Constellation Software's Back Yard - Bloomberg News Network

January 26, 2017
The Analyst Whisperer - Globe and Mail

January 04, 2017
Encana running ahead of target - Business News Network

December 21, 2016
Why Veritas upgraded DH Corp from 'sell' to 'buy' - Business News Network

December 05, 2016
Amaya's true earnings should be a further warning sign for investors - Globe and Mail

November 23, 2016
Investors shun Alberta utilities — time to buy 'em - Business News Network

November 18, 2016
Three investing lessons to be learned from Valeant’s stunning fall from grace - Globe and Mail

September 23, 2016
Canadian securities regulators on high alert over misleading earnings statements - Globe and Mail

September 23, 2016
Investors need to stop blindly believing in the financial metrics of TSX stocks - Globe and Mail

August 24, 2016
Oil inventories post surprise gain - Business News Network

August 19, 2016
Warning signs found in a company’s financials call for close scrutiny - Globe and Mail

August 16, 2016
A-dividend-growing-utility-that-rewards-patience - Globe and Mail

August 15, 2016
Power players who stand to gain from Alberta's energy market - Business News Network

August 11, 2016
Criminal probe puts dent in Valeant’s recovery efforts - Globe and Mail

August 11, 2016
Khmelnitsky: Valeant too optimistic on asset sales - Business News Network

August 11, 2016
U.S. probes Valeant Pharmaceuticals - CBC News

August 08, 2016
This is no bear market territory, oil to hit $50 by end of 2016: Veritas - Business News Network

July 29, 2016
Energy Analyst: These companies can survive lower oil - Business News Network

July 29, 2016
Three automotive stocks that deserve a closer look under the hood - Globe and Mail

July 22, 2016
Why one FDA snag is moving Valeant Pharmaceuticals investors more than two successes - Financial Post

July 20, 2016
Valeant Scores a Rare Win: Have They Turned a Corner? - Business News Network

June 15, 2016
Shopping for a REIT? Here's a key factor investors may be overlooking - Globe and Mail

June 14, 2016
Valeant’s new CEO looks to restore company’s tarnished reputation - Globe and Mail

June 13, 2016
I know how to turn this company around, Valeant CEO says on eve of AGM - Globe and Mail

June 05, 2016
Grim U.S. jobs numbers may be bad news for Canada - Globe and Mail

June 05, 2016
The Valeant Meltdown and Wall Street's Major Drug Problem - Vanity Fair

May 24, 2016
Cutting to the heart of financial reporting 'The Globe and Mail Metro (Ontario Edition)' - Globe and Mail

May 18, 2016
The gold rush will not last - Business News Network

May 06, 2016
Rated a buy, but better entry point ahead for Hydro One - Business News Network

May 03, 2016
For patient investors, this utility stock offers steady growth - Globe and Mail

May 02, 2016
Here's an idea: A Cenovus-MEG Energy merger - Business News Network

April 25, 2016
Did this company engineer the largest tax dodge in Canadian history - The National Observer

April 08, 2016
The double-edged sword corporate tax avoidance - Globe and Mail

March 29, 2016
Companies Invent Their Own Performance Benchmarks - The Wall Street Journal

March 22, 2016
Anthony Scilipoti announced as a member of the OSC Continuous Advisory Committee for 2016 - Ontario Securities Commission

March 21, 2016
Valeant Write-Downs Next? - Barrons

March 18, 2016
Valeant Pharmaceuticals International Inc naysayers say company can be saved, but it’s going to take some major changes - National Post

March 18, 2016
Longtime bear on Valeant downgrades price target to US$29 - Business News Network

March 17, 2016
Investment bank analysts stayed bullish as Valeant struggled - Financial Times

March 01, 2016
The lone analyst who said sell Valeant when hedge funds piled in - Bloomberg Business

February 29, 2016
Valeant's moves meant to manage crisis, not solve problems - Business News Network

February 25, 2016
Investors be warned: Valeant's success story is over - Globe and Mail

February 23, 2016
Valeant's restating 2014-2015 results a first step, more is yet to come - Business News Network

February 12, 2016
Now's the time to increase energy exposure - Business News Network

February 10, 2016
One of the very best TSX - listed stocks has zero buy ratings - Globe and Mail

February 04, 2016
AutoCanad's shares are simply too cheap to ignore - Globe and Mail

January 21, 2016
Gold decline to put squeeze on producers - Business News Network

January 12, 2016
Why I'm buying more of the fallen dividend darling - Globe and Mail

January 07, 2016
Gold stocks get unexpected boost from mining sector's bad news - Globe and Mail

January 07, 2016
TransCanada Lawsuit a "so what" situation: McCoubrey - Business News Network

December 31, 2015
CAE stands to gain from increase in global military spending - Globe and Mail

December 25, 2015
Hudson's Bay presses forward in face of retail landscape 'headwinds' - Globe and Mail

December 15, 2015
Valeant: An Accounting Pioneer, Too - The Wall Street Journal

November 25, 2015
Investors have a right to be skeptical of Valeant's review process - Globe and Mail

November 16, 2015
Energy East pipeline prospects improve with Keystone XL demise - CBC News

November 16, 2015
Hydro One has a remarkably safe dividend, but stock price with hidden risks - Globe and Mail

November 12, 2015
Valeant should be answering on materiality and disclosure - Globe and Mail

November 12, 2015
Suncor to Canadian Oil Sands Holders: Hope 'Not a Strategy' - Bloomberg Business

November 02, 2015
Bombardier stock price would collapse with federal bailout, analysts warn - Globe and Mail

November 02, 2015
RBC scraps limit on size of newcomer mortgages - Réseau d'actualités économiques

November 02, 2015
Calgary house prices drop 6% in October while sales Plummet 33% - Nouvelles de CBC

November 02, 2015
How mortgage fraud is thriving in Canada's hot housing market - Globe and Mail

October 30, 2015
Bombardier and its state aid from Quebec. How did it come to this? - Globe and Mail

October 28, 2015
Barrick post loss, but makes headway on debt - Globe and Mail

October 28, 2015
Valeant's Philidor used 'Back Door' tactics to boost payments - Bloomberg Business

October 28, 2015
Valeant at 80% buy shows how hard skepticism is for Wall Street - Bloomberg Business

October 28, 2015
Valeant Pharmaceuticals: What the only analyst with a sell rating thinks - Financial Post

October 27, 2015
L.A pharmacy's legal battle could have huge consequences for Valeant - Globe and Mail

October 26, 2015
Valeant denies fraud allegations, but investors still wary - Globe and Mail

October 24, 2015
Valeant: Too Risky to Touch - Barron's

October 23, 2015
Anthony Scilipoti on Bloomberg Buisness, Valeant under scrutiny, Veritas searches for Truth - Bloomberg Business

October 21, 2015
Anthony Scilipoti on The Exchange on CBC, outlining our concerns over Valeant’s alternative fulfilment channel - The Exchange sur CBC

October 21, 2015
Valeant shares plunge after report of 'phantom sales' - Globe and Mail

October 21, 2015
Valeant shares plunge on short-seller scrutiny of pharmacy revenue - The New York Times

October 06, 2015
Three Canadian grocery stocks well worth checking out - Globe and Mail

October 06, 2015
Valeant, Amid Drug Pricing Storm Takes on Investors - Bloomberg Business

September 30, 2015
Is the great Valeant success unraveling? - Globe and Mail

September 18, 2015
The oil price outlook: a slippery slope for energy stocks - Globe and Mail

September 15, 2015
Enbridge shares are popular - but heavily shorted - Globe and Mail

August 25, 2015
Bombardier struggles to avoid penny-stock status amid lack of new C Series orders - Globe and Mail

August 17, 2015
Why is Joe Oliver seeking economic advice from a scandal-plagued corporate honcho? - National Observer

August 09, 2015
Gold Miners' stocks just aren't that special - Wall Street Journal

July 22, 2015
Bombardier shares fall after downbeat assessment - Globe and Mail

July 20, 2015
Gold price extracts double-digit drop in miners' stock prices - Wall Street Journal

July 19, 2015
Grip of Bombardier's founders an obstacle for Investors - Globe and Mail

June 23, 2015
BlackBerry results miss expectations - Wall Street Journal

June 23, 2015
Glassman’s Catalyst Sues West Face, Veritas Over Report - Bloomberg Business

June 23, 2015
Veritas Investment Research Corp and West Face Capital hit with $50 million lawsuit from Catalyst/Callidus - Financial Post

June 19, 2015
Veritas CEO Anthony Scilipoti’s lonely quest for financial truth - Globe and Mail

April 28, 2015
Two reasons why Canadian Tire's strong rally may not last - Globe and Mail

April 23, 2015
China supersizes Imax's share price - but get ready for the next plot twist - Globe and Mail

April 13, 2015
Why problem loans could blindside investors in Canada's big banks - Globe and Mail

April 13, 2015
Bombardier eyes rail deal in bid to rebuild finances - Globe and Mail

March 25, 2015
Record Valuations Signal Canada Oil Stocks Reality Check - Bloomberg News

March 04, 2015
Canadian Natural Resources Ltd. an investor darling for analysts even amid oil price slump - Financial Post

February 26, 2015
Maple Leaf’s results disappointing, but big bet on meat could still pay-off - Financial Post

February 24, 2015
A dividend stock that makes a great defensive play - Globe and Mail

February 20, 2015
Big deficits mean big cash contributions to corporate pensions - Globe and Mail

February 12, 2015
Sweeping changes at Bombardier aim to stem downward spiral - Globe and Mail

February 09, 2015
Bombardier flies a risky flight plan - Globe and Mail

January 26, 2015
Why I am still cautious on AutoCanada - Globe and Mail

January 16, 2015
Bombardier's woes mount as Learjet 85 put hold, jobs slashed - Globe and Mail