Saskatchewan premier shares thoughts on Bill C-5

Regina Watch
WATCH: Sask. Premier Scott Moe has given his support for federal Bill C-5, also coined 'One Canadian Economy.' Donovan Maess has the details.

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Globe and Mail

11 minutes ago

• Globe and Mail

Prediction: 2 Monster Growth Stocks Will Be Worth More Than Palantir Technologies by 2030

Palantir Technologies (NASDAQ: PLTR) stock has advanced 450% in the past year, and its $330 billion market value makes its one of the 30 most valuable public companies in the world. But I think AppLovin (NASDAQ: APP) and MercadoLibre (NASDAQ: MELI) can top that figure in four years or less. Here's what that would mean for shareholders: Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » AppLovin is worth $117 billion. The stock must increase 183% for its market value to hit $331 billion. MercadoLibre is worth $122 billion. The stock must increase 171% for its market value to hit $331 billion. Importantly, both stocks have topped those thresholds in the past. In the last three years, AppLovin and MercadoLibre shares advanced 925% and 275%, respectively. But these monster growth stocks can keep climbing higher. Here's why. AppLovin could top Palantir's current market value in three years AppLovin develops adtech software that helps developers market and monetize their applications across mobile and connected TV campaigns. Most advertising on its platform has traditionally focused on video games, but the company is attracting a broader variety of brands with its new e-commerce advertising product. AppLovin put a great deal of effort into building its Axon recommendation engine. It began acquiring game studios years ago to train the underlying machine learning models that optimize targeting, and the company has since released two major updates. The end result? Axon is superior to other campaign targeting engines as measured by return on ad spend, according to Morgan Stanley. AppLovin reported excellent first-quarter financial results. Total revenue increased 40% to $1.4 billion, as strong sales growth in the advertising segment offset a decline in the mobile games segment. Meanwhile, generally accepted accounting principles (GAAP) earnings climbed 149% to $1.67 per diluted share. And management guided for 69% advertising sales growth in the second quarter. Importantly, CEO Adam Foroughi recently discussed the success of its new e-commerce advertising product. He told analysts, "This opens up a massive opportunity, as there are over 10 million businesses who advertise online that could eventually use our platform profitably. By delivering incremental value, we position ourselves as an engine for growth." Wall Street expects AppLovin's earnings to increase at 49% annually over the next three to five years. That makes the current valuation of 62 times earnings look reasonable. Also, if the company maintains that pace for three years, its market value can hit $331 billion, while its price-to-earnings multiple falls to 54. AppLovin has carved out a strong presence in the adtech space due to its Axon recommendation engine. The company could surpass Palantir's current market value within three years, so patient investors should consider purchasing a small position in this monster growth stock today. MercadoLibre could top Palantir's current market value in four years MercadoLibre operates the largest online marketplace in Latin America. The company has consistently gained market share during the last three years, and that trend is expected to continue. One reason for that success is a network effect, whereby the platform becomes increasingly attractive to shoppers as more sellers list products, and increasingly attractive to sellers as more shoppers participate. MercadoLibre has reinforced and accelerated that network effect with adjacent solutions for fulfillment, advertising, financing, and payments. The company has built the fastest and most extensive delivery network in Latin America. It is the largest retail media advertiser in the region. And it owns the largest fintech platform in Argentina, Chile, and Mexico, and the second-largest in Brazil. MercadoLibre reported strong financial results in the first quarter. Revenue jumped 37% to $5.9 billion on especially strong sales growth in the fintech segment, which itself was due to adoption of credit cards, financing, and asset management products. Meanwhile, profit margin improved modestly, and GAAP net income increased 44% to $9.74 per diluted share. Wall Street estimates MercadoLibre's earnings will increase at 30% annually over the next three to five years. That makes the current valuation of 59 times earnings look reasonable. And if the company maintains that growth rate during the next four years, its market value can hit $331 billion, while its price-to-earnings multiple falls to 57. MercadoLibre enjoys a strong position in multiple growing markets, and the company could exceed what Palantir is worth today within four years. Regardless, patient investors should feel good about buying a few shares today. Should you invest $1,000 in AppLovin right now? Before you buy stock in AppLovin, 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 AppLovin 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 $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor 's total average return is995% — a market-crushing outperformance compared to172%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 9, 2025

Globe and Mail

an hour ago

• Globe and Mail

STR Launch Launches Innovative Co‑Leasing Model in Canada

Toronto, ON - STR Launch, a pioneering force in short‑term rental investing, is redefining how Canadians build profitable real estate portfolios— without buying property, furnishing, or managing guests. Employing its proprietary Co‑Leasing system, the company provides complete end‑to‑end support across Airbnb, VRBO, and STR Launch's signature 4-Step Process: - Property Sourcing & Negotiation: Locates fully furnished, rent-ready units and secures landlord approval. - Listing Set-Up: Creates optimized listings across major platforms. - Launch & Automation: System fully launches, with guest communication, pricing, and cleaning all automated. - Performance Monitoring: Guides clients through performance tracking—backed by a 90‑day profitability guarantee: no profit, no payment. 'Our system lets Canadians tap into U.S. cash flow without the traditional hurdles of real estate investing,' said Jacob McCrae, Founder and CEO at STR Launch. 'From sourcing properties to automating operations, we've taken everything that intimidates new investors off their plate.' STR Launch has already launched more than 50 short‑term rental properties, helping investors achieve consistent monthly income while avoiding down payments, mortgage applications, credit checks, furnishing expenses, and in-person management. To learn more, visit or contact Jacob McCrae at contact@ About STR Launch Founded by portfolio investor Jacob McCrae, STR Launch transforms the short-term rental experience with its co-leasing methodology—designed to be fast, efficient, and zero-risk. The team ensures clients are fully onboarded, set up, and ready to collect returns within 90 days or receive a full refund.

CBC

3 hours ago

• CBC

Mike Pemberton elected new leader of the Yukon Liberal Party

Members of the Yukon Liberal Party have chosen their next leader and the territory's next premier: businessman Mike Pemberton. "We are here tonight as part of a proud, and strong Liberal movement that is rooted in community. Compassion. And the belief that we can work together to build a brighter future for all Yukoners," Pemberton said. Pemberton narrowly won by 14 votes. Out of a total of 873 votes, Pemberton received 442, while fellow candidate Doris Bill received 429. Pemberton has been involved with the federal and territorial Liberals for more than 20 years. He was the spokesperson for Ranj Pillai's campaign when the current premier and party leader ran uncontested for the Yukon Liberal Party leadership. He also previously owned a furniture store in downtown Whitehorse. He's served on the Whitehorse and Yukon chambers of commerce, the Yukon Development Corporation and the board of Yukon Energy. Pemberton is now premier-designate until a swearing-in ceremony. Once sworn in, They will then serve as the territory's 11th premier until the next general election, which must happen before November 3.