Gavin Graham Quotations

There are too many department stores in Canada. It simplifies the corporate structure so he doesn't have to worry about minority shareholders. If he wants to start selling real estate and leasing back stores, he can do that and get some cash back. It gives him complete control.

Of course, foreign content is important for diversification. But you should be sure that you will match Canadian returns before you go above 15 or 20 per cent.

Capital markets performance was excellent, a blow-out quarter.

If oil goes to $65, it'll be 12,500.

Over half the banks' earnings these days comes from non-interest deposits.

With Bombardier, the story is how well the corporate-jet business is doing and how badly the regional-jet business is doing.

With energy, materials and financials, you've got three quarters of the market chugging along. It's not the return of Nortel.

We've had the warmest winter in 150 years in North America, we're coming into the shoulder season when traditionally, oil sells off because of the end of the winter heating season, and yet we keep going.

You're still paying cold, hard cash, but because the product is considered better, it's counted as a price-cut.

It's a reminder that the political uncertainties and the exciting areas of the world to which you have to go to find this stuff, leave oil vulnerable to supply disruptions.

The boom in western Canada's resource economy will help Canadian Pacific.

Once they sold the credit-card business, what was left was the store chain, which is not particularly impressive.

General merchandisers have been lousy places to be, because management has not delivered and that format is very hard to pull off these days.

The underlying drivers of this market - resources, energy - are continuing to run very strongly at record highs in copper, nickel, zinc, aluminum, gold ... oil prices are back to 68 bucks a barrel despite this wonderful, balmy weather we're having.