Brian Canfield - Westshore Terminals Independent Director

WTE Stock  CAD 23.38  0.62  2.58%   

Director

Mr. Brian A. Canfield is Independent Director of Westshore Terminals Investment Corporationration Mr. Canfield was, until March 2014, the Chair of the board of directors of the TELUS Corporationrationration. His career with TELUS spanned more than 50 years, including almost a year serving as interim Chief Executive Officer of TELUS from September 1999 to July 2000, four years as Chair and Chief Executive Officer of BC TELECOM Inc., three years as President and Chief Executive Officer and one year as President and Chief Operating Officer. He retired as an executive of BC TELECOM Inc. in 1997 since 2012.
Age 74
Tenure 13 years
Professional MarksPh.D
Address 1067 West Cordova Street, Vancouver, BC, Canada, V6C 1C7
Phone604 688 6764
Webhttps://www.westshore.com
Canfield has also served on the board of directors for Suncor Energy Inc. and Canadian Public Accountability Board. He was named an Honorary Doctor of Technology by the British Columbia Institute of Technology in 1997. He has received a Fellowship Award from the Institute of Corporationrationrationrate Directors, and is a Member of the Order of British Columbia and the Order of Canada.

Westshore Terminals Management Efficiency

The company has return on total asset (ROA) of 0.0628 % which means that it generated a profit of $0.0628 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1467 %, meaning that it generated $0.1467 on every $100 dollars invested by stockholders. Westshore Terminals' management efficiency ratios could be used to measure how well Westshore Terminals manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Westshore Terminals' Return On Tangible Assets are very stable compared to the past year. As of the 1st of February 2025, Return On Assets is likely to grow to 0.1, while Return On Capital Employed is likely to drop 0.11. At this time, Westshore Terminals' Total Current Assets are very stable compared to the past year. As of the 1st of February 2025, Return On Tangible Assets is likely to grow to 0.19, while Total Assets are likely to drop about 830.2 M.
Westshore Terminals Investment has accumulated 277.89 M in total debt with debt to equity ratio (D/E) of 0.38, which is about average as compared to similar companies. Westshore Terminals has a current ratio of 2.54, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Westshore Terminals until it has trouble settling it off, either with new capital or with free cash flow. So, Westshore Terminals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Westshore Terminals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Westshore to invest in growth at high rates of return. When we think about Westshore Terminals' use of debt, we should always consider it together with cash and equity.

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Westshore Terminals Investment Corporation operates a coal storage and loading terminal at Roberts Bank, British Columbia. Westshore Terminals Investment Corporation was founded in 1970 and is headquartered in Vancouver, Canada. WESTSHORE TERMINALS operates under Marine Shipping classification in Canada and is traded on Toronto Stock Exchange. Westshore Terminals Investment (WTE) is traded on Toronto Exchange in Canada and employs 423 people. Westshore Terminals is listed under Marine Transportation category by Fama And French industry classification.

Management Performance

Westshore Terminals Leadership Team

Elected by the shareholders, the Westshore Terminals' board of directors comprises two types of representatives: Westshore Terminals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westshore. The board's role is to monitor Westshore Terminals' management team and ensure that shareholders' interests are well served. Westshore Terminals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Westshore Terminals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Glen Clark, Independent Director
Dianne Watts, Independent Director
William Stinson, Chairman, CEO and President Chairman of Westshore Terminals Ltd and President of Westshore Terminals Ltd
Brian Canfield, Independent Director
H Hollands, Independent Director
Glenn Dudar, VP GM
Nick Desmarais, Vice President - Corporate Development, Secretary, Director
Steve Akazawa, Independent Director
Andrew MacDonell, Manager Operations
David Honsberger, Director Resources
M Ross, Chief Financial Officer, Director

Westshore Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Westshore Terminals a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Westshore Terminals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Westshore Terminals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Westshore Terminals will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Westshore Terminals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westshore Terminals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Westshore Terminals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Westshore Terminals Investment to buy it.
The correlation of Westshore Terminals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Westshore Terminals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westshore Terminals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Westshore Terminals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Westshore Stock

Westshore Terminals financial ratios help investors to determine whether Westshore Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Westshore with respect to the benefits of owning Westshore Terminals security.