My TFSA and RRSP trading accounts are with BMO. Not impressed with them on those levels either. TD is a gong show of platform outages from what I've heard. Interactive is the gold standard for serious traders in Canada from what I've been told, but I've never used it myself.I'm looking for a new broker on the CDN side. My RSPs are with RBC because that was my bank when I was 20. Nothing about them is good -- interface, tools, commissions, etc. It's just a hassle to switch....but plan on doing so in 2020
No. Game changer that won't save poorly run companies who built out for an industry that never existed, but will now save those who were some combination of competently run and had the foresight to cash up while the the capital markets were puking out huge money at every equity raise out there.Ontario removing the cap on number of pot shops.
Too little, too late?
Not necessarily. There's no cap on liquor licenses held by companies in Alberta for example, and there's tons of mom and pop shops to go along with the big chain stores. Shit, Aurora's store in WEM has been pretty universally panned as a low rent apple store knock off. Retail is it's own monster entirely. Where the big boys have the advantage is in the truly high profile, high traffic locations. Mom and Pop can't afford the rent there. But in central Scarborough? Mom and pop will reign supreme.Weed Walmart is going to eat up the mom and pop pot shops.
Quebec's head is probably lodged in it's ass permanently. But with Ontario-BC-Alberta figuring their shit out, that's fine. Not ideal, but fine.That said, once Quebec gets its head out of its ass, canada might have a decent weed retail market.
I don't know if I agree broLoblaws/Shoppers will be the mainstream go to by 2025. The competition will be artisanal indie shops for the craft/prime products