The Investor Who Reads a Book a Week: John Ewing on Conviction, Curiosity and the Edge in the Overlooked
John Ewing didn’t grow up planning to be an investor. The interest arrived late in university, a light bulb moment he calls it, and once it switched on, he knew that was the hill he wanted to climb. He’s been climbing it ever since. As Co-Founder and Chief Investment Officer, John leads Ewing Morris’s investment […]
Darcy Morris and The Letter That Started Everything

Darcy Morris’ job today is to define the vision for Ewing Morris, set the long-term strategy, and make sure the right people are in place to execute it. It’s a role he describes with characteristic directness. But to understand where that clarity comes from, you have to go back to the beginning: a 15-year-old hockey […]
Darcy Morris on The Mark Faris Experience

Darcy Morris didn’t set out to start an investment firm at 30. He thought you had to wait your turn- put in the years, pay the dues, and eventually, when the time was right, make your move. Then he heard something at an MBA commencement speech that changed the calculation entirely. Darcy grew up in […]
From Lawyer to Partner – Will Jones on Trust, Clients, and the Train That Doesn’t Stop Twice
Will Jones didn’t come to Ewing Morris through a job posting. He came through a fishing trip, a long-standing relationship, and a moment he describes simply: he realized the train wasn’t going to stop at the station twice. Will spent the early part of his career as a lawyer, with John Ewing and Darcy Morris […]
The Ewing Morris Dark Horse 2025 Annual Letter
by Anthony Hammill
Finding Compounders, and the Management “Surprise Ratio”

Many businesses can grow in a good environment. Fewer can defend their economics when conditions change. In this episode of Ewing Morris Perspectives, John Ewing focuses on what tends to persist: pricing power, moats you can test in the real world, and management teams that consistently find the next lever without stretching. Topics Include: ◆ […]
Ewing Morris Announces Successful Completion of its Offer for Units of BTB Real Estate Investment Trust

October 20, 2025 (Newsfile Corp.) – Ewing Morris, on behalf of investment vehicles and accounts managed by it (“Ewing Morris“), today announced the completion of its all-cash offer (the “Offer“) to acquire Units (the “Units“) in the capital of BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “Trust“) at a price of $4.10 […]
Market Call with James Telfser: Outlook on North American Stocks

James Telfser, Partner and Portfolio Manager, shares his outlook on North American Stocks. All information provided is for informational purposes only and should not be construed as personal investment advice. Users of these materials are advised to conduct their own analysis prior to making any investment decision.
Ewing Morris Announces Best and Final Revised All-Cash Offer to Acquire Units of BTB Real Estate Investment Trust

October 02, 2025 7:30 AM EDT Ewing Morris, on behalf of investment vehicles and accounts managed by it (“Ewing Morris“), today announced that it has revised its all-cash offer (the “Offer“) to purchase units (“Units“) in the capital of BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “Trust“) by increasing the price being […]
Canada’s best companies are ghosting Bay Street. That should scare us

Darcy Morris Special to The Globe and Mail. September 2, 2025 Another one’s gone. Last week, Guardian Capital GCG-T, one of Canada’s oldest and most respected investment companies, announced its sale to Desjardins Group in a $1.67-billion take-private deal − at a 66-per-cent premium to its share price. The transaction removes yet another high-quality company from the […]