Sign in

You're signed outSign in or to get full access.

Jamie Glowen

Vice President and Senior Analyst at National Bank

Jamie Glowen is a Vice President and Senior Analyst at National Bank, specializing in equity research with a focus on the Canadian financial and energy sectors. She covers leading companies such as Royal Bank of Canada, TD Bank, Enbridge, and Suncor Energy, and has maintained a strong track record with a success rate exceeding 65% and consistent outperformance relative to sector benchmarks. Glowen began her career in 2012 as an associate analyst at BMO Capital Markets, joining National Bank in 2017, and has since built a reputation for rigorous analysis and insightful investment calls. She holds FINRA Series 7 and Series 63 licenses, is a registered securities professional, and has received recognition for her contributions to industry thought leadership.

Jamie Glowen's questions to Brookfield Business Partners (BBU) leadership

Question · Q3 2025

Jamie Glowen inquired about the receipt of cash for a tax credit, the expected ramp-up in capital deployments given current liquidity, and an update on DexKo Global's performance and outlook, specifically if it has turned a corner.

Answer

Jaspreet Dehl, Chief Financial Officer, confirmed that the cash for the tax credit has not yet been received, with delays expected due to government processing. She stated that capital allocation priorities include funding business growth, maintaining leverage, and the ongoing buyback program, with sufficient liquidity for growth opportunities. Anuj Ranjan, Chief Executive Officer, added that the investment environment is strong, with a robust pipeline of opportunities. Adrian Letts, Head of Global Business Operations Team, noted that DexKo Global's performance is pleasing in an improving but still challenging market, with early recovery signs in North America and internationally, and hopes for further green shoots in 2026.

Ask follow-up questions

Fintool

Fintool can predict Brookfield Business Partners logo BBU's earnings beat/miss a week before the call

Question · Q3 2025

Jamie Glowen asked if Brookfield Business Partners had received cash for the tax benefits yet. He also questioned whether the current high pro forma liquidity indicates a ramp-up in deployments or if it remains contingent on recycling other assets. Finally, he sought an update on Dexco, specifically if its increased volumes and EBITDA signify a turning point and what to expect in the coming year.

Answer

CFO Jaspreet Dehl confirmed that cash for tax benefits has not yet been received, attributing delays to government processing but expecting receipt. She stated that capital allocation priorities include funding growth, maintaining leverage, and the buyback program, with sufficient liquidity for new investments. CEO Anuj Ranjan added that the investment environment is favorable, with strong financing markets and attractive acquisition opportunities. Adrian Letts, Head of Global Business Operations Team, reported that Dexco's performance is pleasing in an improving but challenging market, with early recovery signs in North America and internationally, and hopes for further green shoots in 2026.

Ask follow-up questions

Fintool

Fintool can write a report on Brookfield Business Partners logo BBU's next earnings in your company's style and formatting