Yo dawg, stop sweatin’ PotashCorp
Allan J. Evansis, Executive Director of the Prairie Policy Centre, asks an important question:
So, why don’t we value the wealth creators like we do the rappers, athletes and talking heads?
If you are one of those people outraged by PotashCorp’s compensation for senior management, I suggest you do not buy shares in the company. You should also ask your pension administrator and financial advisor to take you out of any funds that hold PCS shares because you probably own some already. Then again, maybe that’s not such a good idea considering PotashCorp is one of the world’s best performing companies.
PotashCorp is also part of a great performing sector. It was reported today that the recent surge in fertilizer sales pushed Canada’s wholesale trade up by 2.6 percent in January, more than twice what was expected from Statistics Canada.
You can read the complete article by Evansis here — and if agriculture investing floats your boat (milks your cow?) you can read my post on the subject here.