A Commodity Based Economy Canadians have a history of being a resource based economy. When the world economy suffers, so does Canada. This has been true for as long as Canada has existed as a nation. Attempts to Broaden our Economy Previous governments have enacted all sorts of policies to attempt to diversify and strengthen… Continue reading An Examination of the TSX LSE “Merger”
Author: Larry Cyna
Mr. Cyna is an accomplished investor in the Canadian public markets for over 20 years, and has managed significant portfolios. He is a financing specialist for private and public companies, and has expertise in real estate and debt obligations. He has assisted private companies accessing the public markets, has been a founding director of public companies and continues as a strategic consultant to selected clientele.
He is and has been a director, a senior officer and on the Advisory Board of a number of TSX and TSXV public companies in the mining, resource, technology and telecommunications sectors, and the Founding Director of two CPC’s with qualifying transactions in mining and minerals. He was an honorary director of the Rotman School of Management MBA IMC program, has completed the Canadian Securities Institute Canadian Securities Course & Institute Conduct and Practices Handbook Course, was a former Manager under contract to an Investment Manager at BMO Nesbitt Burns, a roster mediator under the Ontario Mandatory Mediation Program, Toronto, a member of the Institute of Corporate Directors of Ontario, a member of the Upper Canada Dispute Resolution Group, and the Ontario Bar Association, Alternate Dispute Resolution section.
He obtained his designation as a Chartered Accountant in Ontario in 1971 and was the recipient of the Founder’s Prize for academic achievement together with a cash reward. He became a CPA in the State of Illinois, USA in 1999 under IQEX with a grade of 92%. He is a Member of the Institute of Chartered Accountants of Ontario and the Canadian Institute of Chartered Accountants.
He holds certificates in Advanced ADR & in Civil Justice in Ontario, Faculty of Law, University of Windsor, certificate in Dispute Resolution from the Ontario Institute of Chartered Accountants. Previous accomplishments are Manager of Cymor Risk Consultants LP specializing in Risk Management Assessment; CEO of Cyna & Associates specializing in mediation and ADR; Founder & Senior Partner of Cyna & Co, Chartered Accountants, a fully licensed and accredited public accountancy firm with international affiliations; and was a partner in a large public accountancy firm.
Mr. Cyna is well known in the Canadian Investing community. He is invited to, and attends presentations given by public companies usually 3 or 4 times each week. These presentations are intended by the various hosting companies to present their inside story to sophisticated parties and Investment Managers for the purpose of attracting funding, or of making parties more interested in acquiring shares of those companies. Being a part of this keeps Mr. Cyna deeply involved in the current market and leads to numerous investment opportunities.
The Takeover of the TSX by the LSE is VERY BAD NEWS for Canada
The following is a letter that we sent to the CEO of the TSX I believe this is a very bad thing that you are doing. The TSX has been decimated by foreign takeovers of companies listed on the TSX and the loss of Canada’s manufacturing sector to foreign interests. It is only recently that… Continue reading The Takeover of the TSX by the LSE is VERY BAD NEWS for Canada
Capitalism Needs Tweaking – Point #5 of 10 – The Four Pillars of the Financial System
In my blog of December 9, 2010, I pointed out how our capitalist society suffers from dramatic up and down cycles that rob the middle class of their wealth and earnings. I suggested 10 points that would very much moderate these cycles and bring about a far better capitalist society. This is the 5th of… Continue reading Capitalism Needs Tweaking – Point #5 of 10 – The Four Pillars of the Financial System
Investing in Commodities & The China Effect
Prosperity Runs in Cycles – which are predictable in their occurrence, yet unpredictable in their cause or length The economic world is a strange historical combination of repetition of i) prosperity cycles, – combined with ii) technological advancement. Those that say history always repeats itself are correct – to some extent. We have always had… Continue reading Investing in Commodities & The China Effect
Investing in Renewable Energy – The Incredible Bumbling of the Liberal Government of Ontario, Canada
Renewable Energy A recent phenomenon of political correctness and social responsibility of the Liberal Government of Ontario, Canada points out just how ridiculously inefficient the actions of government can be. In their rush to be environmentally correct, the Liberal government of Ontario brought in a number of the most ridiculous rules and regulations. One of… Continue reading Investing in Renewable Energy – The Incredible Bumbling of the Liberal Government of Ontario, Canada
Capitalism Needs Tweaking – Point #4 of 10 – The Income Tax System is used Ineffectually
There are large income tax incentive programs to Encourage Conservation of Energy, or to Promote Research and Development, or to Induce the Production of Ethanol, and so many other programs Yet our biggest issue is ignored under our income tax system – the devastation wrecked upon average citizens by the relentless economic cycles that ravage… Continue reading Capitalism Needs Tweaking – Point #4 of 10 – The Income Tax System is used Ineffectually
FUND ELECTIONS OUT OF THE PUBLIC PURSE.
The Remarkable Story of China & the Negative Effect of Democracy So much has been written about China that everyone is aware of this economic miracle. There is a lot to be said about a central economy that considers economic growth to be important. The largest reason for this economic growth, is the planning and… Continue reading FUND ELECTIONS OUT OF THE PUBLIC PURSE.
Gold, Silver and Commodity Prices
A Bubble in Commodity Prices? We Think Not We often hear speculation about whether commodity prices are in a bubble and whether investors should take their money off the table before the bubble bursts. We disagree. There are essential reasons that commodities have risen in price and why they will maintain current price trends, as… Continue reading Gold, Silver and Commodity Prices
Investment Advisors Make Money on Sales, not on Performance. Commissions Provide the Incentive to Look for the Next Sale
In our January 6, 2011 blog, we published a list of 10 corrections needed to the Capitalist System. This is Point # 3. The Commission Incentive for Humans to Ignore What They Sell. If you get paid only on what you sell, and the moment it leaves your shop, there is no incentive to stand… Continue reading Investment Advisors Make Money on Sales, not on Performance. Commissions Provide the Incentive to Look for the Next Sale
Invest in Safe Jurisdictions – Measure Risk
Length of Cymor Blogs Comments have been made that our blogs are a bit too long and that readers lose interest because of their length. We will attempt a shorter version for a while. We appreciate comments on this matter. Safe Jurisdictions One of the basic tenets of the investing policies of the CymorFund is… Continue reading Invest in Safe Jurisdictions – Measure Risk