Should carbon credit ETFs count as ESG funds? | Wealth Professional

Both strategies offer Canadian investors the chance to participate in the growth of the global carbon credits markets. According to Lanz, the carbon credit market is worth approximately US$850 billion today, and some analysts predict it could exceed US$22 trillion in the next 30 years. Because they provide investors with exposure to a climate-related theme […]

Higher rates, inflation bite into Canada’s scorching-hot housing market | Wealth Professional

According to Reuters, properties advertised for sale in Toronto’s supply-constrained market have already decreased at a slower rate than sales in February from a year ago. “I had listings that, in January, would have had a 100+ showings,” Nasma Ali, chief executive of broker One Group, told the news outlet. A conjunction of variables appears […]

Durum Capital joins Canadian carbon-fund fray | Wealth Professional

Canada’s transition to a low-carbon economy, combined with stricter environmental rules, has created a one-of-a-kind market opportunity for the acquisition and selling of carbon credits. Carbon credits equivalent to the quantity of carbon dioxide decreased or removed can be generated by creative enterprises that reduce or remove GHG from the atmosphere. These carbon credits can […]

A diversifying investment in the low-carbon future | Wealth Professional

Given the developments of the past few weeks, investors might be quick to blame the surging price of oil on the conflict between Russia and Ukraine, and they’d be right. To push high-emission companies to shrink their carbon footprint, a number of jurisdictions around the world have instituted systems of carbon regulation. The Ninepoint Carbon […]

Interested in buying carbon credits in Canada? | Wealth Professional

Veripath manages more than 90,000 acres of Canadian prairie farmland and has $200 million of assets under management and $400 million of private equity. In fact, in 2021, Johnston estimates that Veripath captured 13,621 tons of carbon, the equivalent of 2,951 vehicles, with a $681,050 implied value. “We have people reaching out to us and […]

Horizons pips Ninepoint in race for Canada-first carbon credit fund | Wealth Professional

The Horizons Carbon Credits ETF, set to launch on February 10 on the TSX under the ticker symbol CARB, aims to replicate the performance of an index that seeks to provide exposure to investments in cap-and-trade carbon allowances, while hedging non-Canadian dollar portfolio exposure back to the loonie. Carbon credits are permits issued through a […]

How the fight against climate change has unlocked a new asset class | Wealth Professional

In July last year, Carbon Streaming, which applies the tried-and-tested model of royalty-based financing to carbon projects around the world, made its debut on the NEO Exchange. “We’ve seen just a tremendous response to the public listing in Canada,” Justin Cochrane, founder and CEO of Carbon Streaming, told Wealth Professional. While climate change is steadily […]

Is bitcoin displacing gold as an inflation hedge? | Wealth Professional

According to JP Morgan, bitcoin has made the institutional investing community reassess the usefulness of gold, with rising concerns of inflation this year. Lightning is a second layer technology that resolves the bitcoin first layer’s reputation for slow transaction resolution without compromising the integrity of the bitcoin network as a whole. The purpose of a […]

Ninepoint, Evolve pursue ESG commitments through carbon neutrality

After the successful conversion of its Bitcoin Trust into the Ninepoint Bitcoin ETF – with Canadian dollar U.S. Through the partnerships, Ninepoint said the fund will be subject to carbon footprint analysis and provided with carbon offsets from projects that meet the highest global standards. “Bitcoin is both a rapidly growing asset class and increasingly […]

NFL tight end to convert entire salary to Bitcoin

According to a report by Financial Advisor IQ, Culkin, who has played in the league for four years, signed a one-year reserves/futures contract with the Kansas City Chiefs in February which would pay him $920,000 next season. He consulted his advisors at Cyndeo Wealth Partners — particularly CEO and president Matt Kilgroe and vice president […]