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Bullboard - Stock Discussion Forum Northland Power Inc T.NPI.PR.B


Primary Symbol: T.NPI Alternate Symbol(s):  T.NPI.PR.A | NPICF | NPIFF

Northland Power Inc. is a Canada-based global power producer focused on helping the clean energy transition by producing electricity from clean renewable resources. The Company owns and manages a diversified generation mix, including onshore renewables, natural gas energy, as well as supplying energy through a regulated utility. Its facilities produce electricity from clean-burning natural gas... see more

TSX:NPI - Post Discussion

Northland Power Inc > The economy
View:
Post by BayWall on Nov 02, 2023 7:28am

The economy

I thought there were jobs aplenty?

National Post Nov. 2, 2023

......this trend has already manifested itself in some unbelievable scenes in parts of Ontario, with hundreds of workers seen queuing for a chance at a minimum wage retail job.

In Waterloo, Ont., last week, a Dollarama posted a listing for an “assistant team leader” and was swamped with nearly 2,000 applications, according to a screenshot on reddit. In early October, Toronto’s Dufferin Mall held a job fair for seasonal and entry-level retail jobs — and saw lineups of applicants stretch out the door and around the block.

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Anyway the RSI divergence is seen with other developers like Boralex, etc. All stocks in oversold condition. well below their moving averages.  I assume it's an industry move coming up. Lower interest rates will be the driver.

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