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Sunday, October 24, 2021

Does Stantec Inc. (STN) worth the excitement?

The TSX didn't register super great gains this past Friday. However, it closed on a good 21,216.15 points. It seems like the 21,000 points are the new normal - at least these days - for the TSX. My non-registered portfolio closed today session on a good $138 642,98, my TFSA portfolio on a SUPER $131 240,44, and my RRSP stocks only portfolio - at a good $62 214,97. If I am not mistaken, my TFSA portfolio is at its highest value ever. It's interesting to see that now, both of my non-registered and TFSA portfolios are almost at the same value. 

I don't like the drama that is currently going on with Rogers Communications. I hold on to some Rogers Communications Inc. (RCI.B) shares inside my TFSA portfolio. I like its 3.332% yield. Edward Rogers is desperately trying to remain a person in power within Rogers Communications. I don't like what he's doing. His actions are too bold and illegal. The decisions he's making cannot even be taken into consideration. At a point, this situation is creating confusion for everyone. It must be a miserable time for the Rogers family. 

I am obviously not a fan of Edward Rogers's actions. I find this article from Toronto Life. It gives an idea of Edward Rogers' narcissistic personality. He's so self-centered that he wants to replace 5 board members and select himself the newcomers. Back in the day, Ted Rogers didn't want to have his son Edward as CEO. There's no reason why he should be CEO now. End of the discussion. I am just happy that my investment in Rogers Communications Inc. (RCI.B) is not a large one. I don't like drama.

Other than Rogers Communications, Stantec Inc. (STN) had made the news for its acquisition of Cardno Limited. Currently, I do not hold any shares of Stantec Inc. (STN) in my portfolio. Back in the days - a long time ago - I used to have STN in my portfolio. I sold it because I didn't like the stock, it simply wasn't gaining in value. Maybe this acquisition will help STN to move forward. Personally, I don't have any interest in Stantec Inc. (STN). At least not at this time.

I am enjoying my time in New Brunswick. The weather is getting colder. 

It's quite easy to save money here because we don't have anything close by. I cannot walk to go to the grocery store, or go to the mall, or go to the movies, go to the library, a coffee shop, or the gym. People around here use their cars to do absolutely everything and you don't get to see many people around walking on sidewalks just for the heck of walking. I am getting quite a weird, isolated feeling sometimes. The days feel much longer here. It's easier for me to get things done. Like blogging, for example. 

Right now, I am thinking about investing in my RRSP. I was thinking about a $3,000 extra RRSP contribution for this year but no amount had been fixed for now.

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