Richelieu to release its Q2 results on Thursday, July 10, 2025
CONFERENCE CALL – Financial analysts and investors are invited to join the conference call to be held on Thursday, July 10 at 2:30 p.m. (Eastern Time). Mr. Richard Lord, President and Chief Executive Officer, and Mr. Antoine Auclair, Chief Financial Officer and Chief Operating Officer, will answer questions from analysts and investors.
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Globe and Mail
an hour ago
- Globe and Mail
Can Dogecoin Reach $1 in 10 Years?
A lot of attention deservedly goes to the ongoing artificial intelligence (AI) boom. But investors can't forget another important innovation in the past decade or so, which is the rise of cryptocurrencies and blockchain networks. Love the industry or hate it, the market is valued at $3.3 trillion. So, there's certainly demand. However, critics will point to how much speculation characterizes the crypto industry. Dogecoin (CRYPTO: DOGE) might be the main culprit of this frenzy. The dog-inspired meme token was originally created as a joke. But now it's the ninth-most valuable crypto, worth $24 billion. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » In the past 10 years, Dogecoin's price has surged 82,140% higher, despite unnerving bouts of volatility. As of June 26, it trades 78% below its peak from May 2021. Can this token rise 525% to reach $1 in 10 years? Unpredictable price swings Casinos are popular partly because of the thrill they provide to gamblers. I suppose the same behavioral aspect can apply to Dogecoin. The token experiences wild price movements. For instance, it absolutely skyrocketed in November through the first week of December. But it's been a disappointment in 2025. Trying to time the ups and downs is fun for certain market participants. But this highlights the unpredictable nature of Dogecoin. There are really no fundamental reasons for why the price bounces around like it does. Instead, excitement on social media can control the narrative. And public endorsements by Elon Musk can also work wonders for the token's price. This enthusiasm can rapidly fade away, though. This makes it all the more difficult to trust Dogecoin as a long-term investment. The other issue that Dogecoin faces, particularly when it comes to increasing in price, is that there is not a supply cap. As of June 26, there are 150 billion DOGE tokens in circulation. Thanks to its proof-of-work consensus system, 5 billion new tokens are created every year. A rising supply base simply means demand has more catching up to do for the price to go up over time. That's a tough setup. Pending a major catalyst Dogecoin might have limited real-world use cases. However, it might be getting a major stamp of approval from the Securities and Exchange Commission (SEC). Multiple spot Dogecoin exchange-traded funds (ETFs) are waiting for the go-ahead. This could bring in lots of capital. This is exactly what happened with Bitcoin. Since the SEC finally approved spot Bitcoin ETFs on January 10, 2024, the price of the world's leading cryptocurrency is up 133%. These ETFs have amassed tens of billions of dollars in assets under management. I am confident the Dogecoin ETFs, if approved, won't come anywhere close to Bitcoin's success. But there is certainly upside if this happens, because the SEC would essentially be publicly portraying that Dogecoin is a legitimate financial instrument -- a development I'm sure the vast majority of observers never thought would happen. Don't expect a 525% rise by 2035 Dogecoin's price is currently $0.16. It would need to increase by 525%, or 20% on an annualized basis, to reach $1 by 2035. I don't think this bullish outcome will occur. First off, competition is stiff. Investors have plenty of other choices when it comes to meme tokens. If speculation is your thing, there are other, younger cryptos that might be more volatile to trade with. There are also safer bets such as Bitcoin. The financial services ecosystem that supports Bitcoin continues to expand. This crypto has a hard supply cap of 21 million. And it has deep liquidity and a powerful network effect that Dogecoin can only dream about. In the past three years, Bitcoin's 398% gain dominates Dogecoin's 140% rise. I believe this trend will continue over the next decade and beyond. Therefore, those expecting the dog token to get to $1 in 10 years, or ever, should temper their expectations. Should you invest $1,000 in Dogecoin right now? Before you buy stock in Dogecoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Dogecoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor 's total average return is1,062% — a market-crushing outperformance compared to177%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 23, 2025
National Post
an hour ago
- National Post
Union President Visits Kingston to Close Out Week of Escalating WSIB Strike
Article content KINGSTON, Ontario — As the province-wide Workplace Safety and Insurance Board (WSIB) strike enters a critical phase, Ontario Compensation Employees Union (OCEU/CUPE 1750) President Harry Goslin will join striking frontline workers on the picket line in Kingston on Friday, July 4 at 12:00 p.m. to close out the week. Article content The visit follows growing frustration with political interference and misinformation — including a misleading employer post and direct texts from Premier Doug Ford repeating employer talking points. Article content Where: Article content When: Article content 'Premier Ford told me he understood our concerns — but then turned around and lied to our members,' said Harry Goslin, President of the Ontario Compensation Employees Union (OCEU/CUPE 1750). 'He texted workers directly with a recycled offer and tried to pass it off as new. That's not leadership — that's manipulation.' Article content The employer's public post this week references an 'offer', but it is not new. It is the same proposal tabled weeks ago with no changes or improvements. Meanwhile, WSIB has refused to meet with the union despite being offered time by the mediator. The mediator himself was unaware the employer had gone public with its so-called offer, underscoring how disconnected the post was from actual negotiations. Article content 'This is a PR stunt — not a serious effort to bargain,' said Goslin. 'We're showing up. We're tabling formal offers. We're working through issues. But WSIB continues to delay and distract.' Article content The union has also raised red flags about WSIB quietly outsourcing union work during the strike — including a pilot program that allows private healthcare contractors to bypass unionized staff and contact employers directly, a role traditionally held by WSIB Return-to-Work Specialists. Article content 'WSIB would rather contract out public services behind closed doors than offer a fair deal to its own workers,' Goslin added. 'And now the Premier is helping push their message — texting workers directly in the middle of a strike, spreading confusion instead of offering solutions.' Article content More than 3,600 OCEU members — including case managers, return-to-work specialists, and support staff, remain locked out across Ontario. They are fighting for fair wages, safe workloads, and an end to reckless privatization. The union is scheduled to return to the table Friday morning and will continue pressing for a real offer that can be brought to a vote. Article content Article content Article content Article content Article content Contacts Article content For more information, please contact: Article content Article content Bill Chalupiak Article content Article content Article content
CTV News
2 hours ago
- CTV News
Toronto business owner says customer used point of sale terminal to issue himself $2,000 refund
Toronto business owner says customer used point of sale terminal to issue himself $2,000 refund Thousands of dollars have been taken from businesses on Queen Street East in Toronto over the past few weeks as thieves use the very machine the businesses use to accept money from customers to rob them. CTV's Jon Woodward reports.
