The Western Investment Company of Canada Ltd (TSE:WI) has released an update.
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Western Investment Company of Canada reported a robust third quarter with record equity income, highlighting its strategic shift towards becoming a property and casualty insurance holding company. The company increased its ownership in Fortress Insurance to 83.57%, positioning itself for future growth. Despite some transaction costs, Western’s performance was strong, aided by favorable results from its associate companies.
For further insights into TSE:WI stock, check out TipRanks’ Stock Analysis page.