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Mike Reilly

9 months ago

Canada’s Money-Makers: Top Investments of the Last Decade

From Gold to Cannabis to Bitcoin, here are the top investments that made Canada an economic powerhouse and an inspiration to the whole world. What is the number one money-maker? Teaser: Big banks don’t want you to know about this lucrative investment.

5. Aurora Cannabis
10-year return on investment: 2760%
Your initial $10,000 investment would now be worth $286,000

Canada’s Cannabusiness took a surprising turn in 2018 as the country legislated its Marijuana laws.
Aurora Cannabis was there to lead the way and profit.
With its record-breaking stock price as its currency, Aurora went shopping, buying smaller players, scaling its medical marijuana business while establishing a footprint in the expanding recreational market, effectively coining the term Green Gold.

4. Constellation Software
10-year return on investment: 4,060%
Your initial $10,000 investment would now be worth: $416,000

Growth by acquisition, that’s how Constellation Software Inc. has done it. They snapped up 21 companies in 2010 alone, but they rarely report such details now. Investors don’t seem to mind the secrecy though. CEO Mark Leonard has an eye for picking up the best tech start-ups to boost his bottom-line, driving new growth every year.

3. Boyd Group Income Fund
10-year return on investment: 4,230%
Your initial $10,000 investment would now be worth $433,000

Boyd Group has spent the last decade applying typical Canadian politeness to the steady acquisition of auto collision repair centres across North America. It’s gone from 90 to 670 locations in 10 years, and it’s now one of the biggest in North America. Boyd’s big repair supply chain has consolidated a highly fragmented industry, and insurance companies love that. They foot the bill, even during a recession, which means Boyd has more resilience in tough times than Gordie Howe did.

2. Kirkland Lake Gold Ltd
10-year return on investment: 6,730%
Your initial $10,000 investment would now be worth $683,000

Kirkland Lake Gold Ltd has been sweeter than maple syrup for investors, returning 6,730% in just a decade. Back in 2010 its Macassa mine in Ontario was struggling, abandoned after floods. It needed cash investment, but in a sideways move, Kirkland Lake bought Newmarket Gold in Australia, and its Fosterville Mine and Macassa are now the crown jewels, producing 1 million ounces a year.

Before we reveal our number one investment, notice that all businesses above have something in common: they all answered market needs in a big way. Which leads us to the kingpin of last decade investments…

1. Cryptocurrencies
10-year return on investment: 90,000%
Your initial $10,000 investment would now be worth $900,000,000

The canniest Canadian investors have made the biggest gains of the 2010s with cryptocurrencies. All those coins are now worth $412.2 billion, but in 2008 cryptos wouldn’t have bought you a bowl of poutine. A single pizza was purchased for 10,000 bitcoin in 2009, but things have changed since. If you’d bought just a dollar’s worth of BTC back then you’d be sitting on more than $90,000 today. It’s outperformed stocks, bonds, commodities, and fiat currencies all over the world.


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