Can Canada afford big corporate stock buybacks?
Front Burner
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Buybacks
"It's a values question, right? I mean, I won't sort of blame these companies for doing buybacks because the system is set up in a way that encourages them," he says. Year to date, buybacks announcements have topped a hundred and seventy-three billion dollars,. That's according to data that was compiled by Reuters with a record January where buybacks more than tripled from a year ago in January. "To me, even as an investor, I would say, when you do that many buybacks, the space of the company emitting, we literally have no other ideas."
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