FSV:CC News and Press, Firstservice Corporation From 09/29/22

TORONTO, Sept. 29, 2022 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) (" FirstService ") announced today that it has entered into two new revolving, uncommitted financing facilities (the “Facilities”) for potential future private placement issuances ...

The real estate sector in Canada, specifically the residential real estate market, is quite weak. The prices are still falling in many of the major markets, and the big banks (in addition to investors) are predicting a relatively bleak future for the housing market in Canada. This isn&#...

When investing in real estate, many Canadian investors may first think of its income generation potential. A Canadian real estate investment trust (REIT) ETF, iShares S&P/TSX Capped REIT Index ETF , yields 3.77% at writing. This is income that’s 24% higher than the yield ...

Toronto Stock Exchange has accepted a notice filed by FirstService ( NASDAQ: FSV ) of its intention to make a normal course issuer bid. The notice provides that company may, during the 12 month period commencing August 26, 2022 and ending no later than August 25, 2023...

TORONTO, Aug. 24, 2022 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by FirstService of its intention to make a normal course issuer bid ...

Royal Bank of Canada predicts that the housing market correction (which is already here) will be the deepest in the last five decades. The buying/selling activity has drastically slowed down, but the price drop most markets are experiencing is even more alarming. The MLS Home Price ...

2022 year-to-date performance was -25.4% in select accounts. Some of our worst performers continued to be our largest positions. This quarter, similar to the period early in the COVID pandemic, I scoured the portfolio for companies that might have challenges funding their growth p...

Throughout history, real estate has mostly been a safe and profitable investment. There have been instances, like the U.S. during the Great Recession and Canada now, when the housing bubble is rapidly shrinking and when it’s better to stay clear from this asset class. But if you are ...

July’s results were excellent, with strong positive returns overall outperforming broad market indexes which themselves had a very strong month. During the month, broad market indexes rallied sharply as expectations of future interest rate increases declined. The stocks tha...

When you are looking into discounted stocks for your TFSA (or RRSP) portfolio, it’s essential to try and identify why they are discounted. If it’s during a market crash, or if the sector as a whole is crashing (like tech has since Sept. 2021), the stock is just being pushe...