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Our bucket approach to earning income in retirement + MORE Apr 4th
Save, invest, prosper with My Own Advisor.
Earning income in retirement
There is a wealth of information about asset accumulation, how to save within your registered and non-registered accounts to plan for retirement – when you’re no longer working. Or maybe you are working? Potentially .... More »
TFSA contribution room calculator Jul 2nd
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator.
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Tax-free savings account is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like&nb.... More »
As Switch Hardware Sales Slow, How Long Can Nintendo Delay 'Switch 2'? - Nintendo Life May 10th
As Switch Hardware Sales Slow, How Long Can Nintendo Delay 'Switch 2'? Nintendo LifeSwitch Is Still Outselling Everything Else Despite Ongoing Chip Shortage KotakuNintendo Switch shipments drop 20 percent year-over-year MobileSyrupNintendo achieves their highest annu.... More »
Home Capital Group says new mortgage rules have clients migrating from big banks + MORE Feb 15th
TORONTO _ Home Capital Group Inc. believes early results from this year suggest that mortgage business may be migrating to the alternative lender after the federal banking regulator introduced tougher rules for uninsured mortgages at the beginning of the year _ even though it too is required to abid.... More »
How retired parents can use the FHSA to help their adult children Mar 23rd
If you’re a retiree or close to retiring, you probably have a paid-off principal residence, or should be close to having one.
However, many retirees—including me—have grown children struggling to get onto the first rung of the real estate ladder. Coming up with a down payment is still diffi.... More »
Goldman Sachs Group Inc., has agreed to pay US$5.06 billion to settle claims that it misled mortgage bond investors during the financial crisis, the U.S. Department of Justice said on Monday.
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,422.76, up 26.03 points):
B2Gold Corp. (TSX:BTO). Miner. Up 20 cents, or 9.26 per cent, to $2.36 on 11.7 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Up 45 cents, or 9.64 per cent, to $5.12 on 10.6 million shares.
Torex Gold Resources Inc. (TSX:TXG). Miner. Up four cents, or 2.23 per cent, to $1.83 on 7.4 million shares.
Kinross Gold Corp. (TSX:K). Miner. Up 35 cents, or 6.88 per cent, to $5.44 on 7.1 million shares.
Teck Resources Ltd. (TSX:TCK.B). Miner. Up 78 cents, or 8.18 per cent, to $10.31 on 6.8 million shares.
Whitecap Resources Inc. (TSX:WCP). Oil and gas. Up 72 cents, or 8.83 per cent, to $8.87 on 6.3 million shares.
Companies reporting major news:
Canadian Pacific Railway (TSX:CP). Transportation. Up $4.60, or 2.62 per cent, to $179.91 on 525,496 shares. Canadian Pacific has given up its attempt to merge with Norfolk Southern Corp., days after the U.S. Justice and Defense departments raised concerns about the proposed takeover of the Virginia-based company…
Toronto Stock Exchange (13,422.76, up 26.03 points):
B2Gold Corp. (TSX:BTO). Miner. Up 20 cents, or 9.26 per cent, to $2.36 on 11.7 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Up 45 cents, or 9.64 per cent, to $5.12 on 10.6 million shares.
Torex Gold Resources Inc. (TSX:TXG). Miner. Up four cents, or 2.23 per cent, to $1.83 on 7.4 million shares.
Kinross Gold Corp. (TSX:K). Miner. Up 35 cents, or 6.88 per cent, to $5.44 on 7.1 million shares.
Teck Resources Ltd. (TSX:TCK.B). Miner. Up 78 cents, or 8.18 per cent, to $10.31 on 6.8 million shares.
Whitecap Resources Inc. (TSX:WCP). Oil and gas. Up 72 cents, or 8.83 per cent, to $8.87 on 6.3 million shares.
Companies reporting major news:
Canadian Pacific Railway (TSX:CP). Transportation. Up $4.60, or 2.62 per cent, to $179.91 on 525,496 shares. Canadian Pacific has given up its attempt to merge with Norfolk Southern Corp., days after the U.S. Justice and Defense departments raised concerns about the proposed takeover of the Virginia-based company…
Investigators visit Panama Papers law firm’s office
– macleans.ca
A security guard sit outside the Mossack Fonseca law firm in Panama City. (AP Photo/Arnulfo Franco)PANAMA CITY – Panamanian prosecutors visited the offices of the Mossack Fonseca law firm Monday to look into its allegations that a computer hacker was behind the leak of a trove of financial documents about tax havens the firm set up to benefit influential people around the globe.
Public ministry spokeswoman Sandra Sotillo said the visit to the offices of Mossack Fonseca was made by investigators from the intellectual property prosecutor’s office.
The firm filed a complaint charging the security breach shortly before media reports appeared last week using the documents to detail how politicians, celebrities and companies around the globe were hiding assets in offshore bank accounts and anonymous shell companies.
“Finally the real criminals are being investigated,” firm co-founder Ramon Fonseca said in a message to The Associated Press.
Fonseca has maintained that the only crime which can be taken from the leak was the computer hack itself…
Loonie soars to highest level in half a year as crude prices climb above US$40 – Calgary Herald
– news.google.ca
The Globe and MailLoonie soars to highest level in half a year as crude prices climb above US$40Calgary HeraldTORONTO – The trading week started Monday with a bang, as the Canadian dollar soared to its highest level in half a year on the back of rising crude and gold prices. The oil-fuelled loonie, which was higher for a second straight day, rose 0.62 of a U.S …Not great, but not horrible either: Analysts see mixed earnings season ahead for CanadaFinancial PostCanadian dollar tops 77 cents US as oil goes above $40 USCBC.caAir Canada Investors: Don't Worry About Oil PricesThe Motley Fool CanadaReuters Canada -BlackburnNews.com -Wall Street Journal -Khaleej Timesall 12 news articles »
Enerplus selling non-core assets in northwest Alberta for $95.5M in cash
– canadianbusiness.com
CALGARY – Enerplus Corp. (TSX:ERF) says it has an agreement to sell some non-core assets in northwest Alberta, including its Pouce Coupe asset, for about $95.5 million in cash.
The deal, subject to closing adjustments, is expected to be completed in the second quarter.
Enerplus says it is using its 2016 divestment proceeds, which will total $288.5 million upon the closing of this latest deal, to reduce outstanding debt, including repurchasing a portion of its senior unsecured notes.
Enerplus says it is maintaining its 2016 production guidance range of 90,000 to 94,000 barrels of oil equivalent per day despite the divestment as a result of continued strong operational performance.
The post Enerplus selling non-core assets in northwest Alberta for $95.5M in cash appeared first on Canadian Business – Your Source For Business News.
The deal, subject to closing adjustments, is expected to be completed in the second quarter.
Enerplus says it is using its 2016 divestment proceeds, which will total $288.5 million upon the closing of this latest deal, to reduce outstanding debt, including repurchasing a portion of its senior unsecured notes.
Enerplus says it is maintaining its 2016 production guidance range of 90,000 to 94,000 barrels of oil equivalent per day despite the divestment as a result of continued strong operational performance.
The post Enerplus selling non-core assets in northwest Alberta for $95.5M in cash appeared first on Canadian Business – Your Source For Business News.
