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Archive for the ‘Canadian Economy’ Category

I Told You Mark Carney Was An Out Of Touch Moron As Bank Of Canada Governor .. Now We Have The Proof

Posted by AGORACOM at 11:27 AM on Wednesday, April 2nd, 2014

Courtesy Of National Post


A couple of days ago, new and SANE Bank of Canada Governor Stephen Poloz said:

bank economists have been struggling to adapt to a “new reality” since the crisis, making it much tougher to predict where the economy is headed. He acknowledged that the economy has “fallen short of our expectations.”  Globe & Mail

In other words, Mark Carney’s delusions that Canada was somehow booming and on the verge of needing interest rate hikes were WRONG.  Hell, I could have told you that …. Actually, I did, on several occasions.  My 3 famous “Mark Carney Is A Moron” posts


AGORACOM Small-Cap Wire – China Rich Love Canada, QE3 Has Started, Brilliant Greek Prime Minister

Posted by AGORACOM at 8:07 AM on Thursday, November 3rd, 2011


8:00 AM EST …

CHINA’S RICH LOVE CANADA … Canada Booms As #2 Destination For Emmigrating Chinese Millionaires … And Growing  Full Story

JIM ROGERS SHOWS QE3 HAS ALREADY STARTED … Every Banker Is Rigging The Game Why Not The Fed? Must See Video and Story

WHY GREEK REFERENDUM MOVE IS BRILLIANT … Greek Prime Minister Papandreou Is Now In A No Lose Position Full Story

NO TIME FOR TWITTER? TSX Venture Tweets Summarizes The Best Tweets From Participating TSX Venture Companies. Check It Out

RUMOURS GONE WILD … Euro Runs Up and Down On Rumours / Refutes Of Greek PM Resignation, Confidence Votes, You Name It.


Link to HUB / Website / Stock Quotes

AGORACOM Ranks 57 In Profit 100 Ranking of Canada’s Fastest-Growing Companies

Posted by AGORACOM at 10:31 AM on Monday, June 1st, 2009

TORONTO, June 1st, 2009 – AGORACOM North America’s largest online investor relations community and social networking website for serious small and micro cap retail investors, proudly announces that it has been selected by PROFIT Magazine as one of Canada’s fastest growing organizations.

Measured against a running five-year revenue growth, AGORACOM ranks 57th overall in the 21st annual PROFIT 100 ranking of Canada’s Fastest-Growing Companies by PROFIT Magazine using results reported for the period between 2003-2008.

“We are thrilled to have our company achieve the #57th position on the PROFIT 100, and honoured to have received this recognition in spite of a tough economy,” says AGORACOM Founder George Tsiolis. “We are especially proud of the fact we are a Web 2.0 organization that has demonstrated a successful business model beyond mere advertising, Web 2.0 is not just about Facebook, YouTube and social networking sites. We are using the web to deliver real services to real customers, while generating real revenues and profits. I hope others Web entrepreneurs can follow our lead.”

In 2008 over 1.3 million retail investors from more than 200 countries visited 7.9 million times to read 96 million pages of small-cap news and information.

“It was clear as day to me the investor relations model for small-cap public companies was inefficient and broken. Small public companies needed a faster, more cost-efficient way to communicate their message to current and prospective shareholders around the world. The Web was the solution,” added Tsiolis. “Today, that vision has translated into millions of investors communicating with hundreds of small-cap companies via a moderated online community. I want to deeply thank our clients for believing and now benefiting from this great model. We pioneered the space, are still the leaders and now expanding into Europe, China and a mobile platform, so I look forward to being part of The PROFIT 100 for many years to come. Finally, this achievement serves as a real credit to our management team, employees and families, all of whom have sacrificed so much to make this happen.”

Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the PROFIT 100 profiles the country’s most successful growth companies. Published in the June issue of PROFIT and online at, the PROFIT 100 is Canada’s largest annual celebration of entrepreneurial achievement.

“The PROFIT 100 are an inspiration to entrepreneurs at all stages of growth, from startup to major corporation,” says Ian Portsmouth, editor of PROFIT. “Their business practices and product innovations are exemplary of how businesses can succeed in uncertain times”.


AGORACOM is North America’s largest online investor relations community for small-cap companies. We’ve partnered with the world’s biggest Internet companies, including Globe Investor, Yahoo, AOL, Google and Blackberry to market our clients to a massive audience of new small-cap investors. Over 300 small-cap public companies and their CEOs have trusted AGORACOM and our online investor relations model to reach millions of current and prospective small-cap investors from around the world. No rumours, profanity, stock bashing or hyping. Our traffic ranking is above the top 0.5% of all websites around the world. Visit AGORACOM online at or follow us on Twitter at

About PROFIT Magazine:

PROFIT: Your Guide to Business Success, is Canada’s preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For more than 25 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them increase their revenues, boost their profitability and get the recognition they deserve for generating positive economic and social change. Published six times a year by Rogers Publishing Ltd., PROFIT is distributed almost exclusively to the chief executives of companies with 5 to 250 employees and annual revenue of $1 million to $25 million, reaching 306,000 readers across Canada. Visit PROFIT online at



Mitchell Fanning

Director of Marketing / Communications

[email protected]


George Tsiolis, LL.B



[email protected]

AGORACOM To Speak at Communitech 2009 Tech Leadership Conference

Posted by AGORACOM at 4:05 PM on Tuesday, May 12th, 2009


For those of you who are in the Waterloo Region I’m proud to announce that I’ll be speaking at Communitech, the region’s premier business and technology leadership conference, being held at the Bingemans Conference Centre on Thursday, May 14th.

The hands-on workshop session is called Get Customers First, Funders Later” and will also include Mike McDerment from Freshbooks.  The workshop session is scheduled to between 9:55 am-10:55 am. 

To view the Communitech schedule click here.

I’m very proud to be sharing my views on building an online business with real customers, not funding.  Canadian web entrepreneurs have a great opportunity to step in and fill the void where the Silicon Valley free and cool model failed.  But first, we have to understand that funding a business with neither paying customers, nor a real business model is not a business in the first place.  To succeed, you need to get customers first.  It is the mantra we followed and the reason AGORACOM is now generating seven-digit revenues and profits. As such, our experiences will hopefully be extremely beneficial to those in attendance.

On March 3rd, 2009, AGORACOM reported 2008 traffic results that included:

  • 1.31 million unique visitors
  • 7.9 million visits
  • 96 million page views

About Communitech

The Tech Leadership Conference is Waterloo Region’s premier business and technology leadership conference.  The event is a full day of insights and real tactics for the tech professional, including inspiring keynotes, breakout sessions, exhibitors and of course, your industry peers.  More than 500+ attended Tech Leadership in 2008, from CEOs to middle management, government and business professionals.

See you there!

George Tsiolis

Peter Grandich Sheds Permabear Skin And Begins Building Long Portfolio

Posted by AGORACOM at 7:39 AM on Sunday, March 8th, 2009

AGORACOM Chief Commentator, Peter Grandich, has offcially shed his permabear skin according to his latest blog post.  This is a pretty important declaration because Grandich has an uncanny ability to call market tops and bottoms in commodities and equity indexes.  In fact, it’s the primary reason I brought him on to AGORACOM and I would easily state that he ranks up there with Peter Schiff.


I’m going to work on compiling a chronology over the past couple of years but go ahead and google “Grandich + robbing Peter to pay Paul and Peter is tapped out” (OK, I did it for you).   It’s the phrase he’s been using for 3-4 years now to help illustrate the state of the US economy to his audience and a quick scan of the Google results finds at least one quote in Kitco from the summer of 2005.

At the beginning of 2008, Grandich banged the table on going short the US market once the Dow crossed 13,000.  In short, he’s just been dead on.


To be clear, he is not advocating running out and filling your boots today.  Grandich believes Dow 5,000 vs. 8,000 is an even money bet right now.  Given the fact his readers have been able to avoid the fall from 14,500 to 6,600, he’s willing to take small losses in order to be a year early, rather than a day late.

Like a freight train that takes miles to come to a full stop once the brakes have been applied, Grandich believes the markets are now in the same process and investors need to start reserving some choice seats for the turn around.

In the short-term however, he does state the following:

“At the minimum, we’re overdue for a sharp bear market rally. Never have my technical indicators suggested so in almost 25 years. Several market indexes are dramatically below key moving averages. Several have never seen this far of a spread between price and moving average while others only once or twice. Knowing in technical analysis you must look only at the charts, I do believe anyone experienced in this type of analogy would suspect as I do that a significant correction of an almost straight-down decline is overdue.”

He’s even put his money where his mouth is and provided specific equities and ETF’s that he would be buying, with a lot of emphasis on oil companies.  Sound choices if you expect the global economy to begin turning around in the next 12-15 months and the stock market to anticipate it sooner.

He also believes gold and precious metals continue to be attractive investments that will run as inflation – due to extreme US deficits – hits the US economy over the next couple of years.

Read his full post.  It is worth the read.


Canadian Prime Minister Kicks Ass On CNBC. Long Canada [$$]

Posted by AGORACOM at 2:15 PM on Thursday, February 26th, 2009

Canadian Prime Minister, Stephen Harper, conducted an 11-minute interview with CNBC’s Larry Kudlow and did a fantastic job of demonstrating why Canada is so strong today and will continue to be strong in the future. I’m sure many Americans wished their country was as sound as Canada with respect to:

  • Banks (Most stable banks in the world)
  • Mortgages (Banks hold mortgages rather than sell them, so they have to be careful)
  • Budget Surplus (Canada has been in surplus for years – going into short-term deficit with stimulus)
  • Energy (US will be importing more and more oil from Canada in the future)

The interview caused Peter Grandich, our US residing Chief Commentator to blog Oh Canada! and call for a $CDN at par with the Greenback.