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Amaya’s PokerStars takes big share of New Jersey market after just one month + MORE May 17th
MONTREAL – Amaya’s PokerStars captured 46 per cent of New Jersey’s online poker revenue in the first full month of operation in April, the online gambling company said Monday as it released first-quarter results.
The Montreal-based company said PokerStars is helping to grow the Ne.... More »
The best high-interest savings accounts in Canada for 2023 Jun 14th
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The best high-interest savings accounts in Canada for 2023
Here are the accounts offering the highest interest rates and lowest fees.
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The rates i.... More »
Rewards can be great with cryptocurrency investing — but so can the risks + MORE Dec 21st
The growing frenzy around bitcoin and other cryptocurrency offerings has prompted warnings from a range of financial heavyweights on the risks that current and potential investors should keep in mind..... More »
Selling a cottage to a family member: What that means for capital gains Jul 18th
AskMoneySense
I shared a cottage property with my brother. I sold my half to my half to my niece. Do I have to pay capital gains tax? If so, how do you calculate this? How do you determine the adjusted cost base? What expenses can be applied?
—Terry
What happens when you sell your cottage t.... More »
No house? No worries: How to tip the financial scales in your favour if you can’t afford to buy a home Jun 12th
How can you generate wealth without owning four walls and a roof? We asked the experts..... More »
Average Canadian home price is $508,567
– moneysense.ca
TORONTO – A record number of homes across the country were sold in March, although the Vancouver and Toronto markets saw declines from the previous month, the Canadian Real Estate Association said Friday.
The Ottawa-based group said about 60 per cent of all local markets showed an increase in transactions from February, including Edmonton, Calgary, Montreal and Victoria.
But sales in the Toronto area were down 1.8 per cent from February. The situation was slightly similar in Vancouver, where sales fell a more modest 0.3 per cent, but that contrasted with a national increase of 1.5 per cent.
March was the first full month where new federal rules intended to cool overheated markets were in effect. Under the changes, anyone buying a home that costs between $500,000 and $1 million face a minimum down payment of 10 per cent.
Canada’s Best Deals in Real Estate »
The changes were aimed at slowing the torrid rise in prices in the red-hot markets of Toronto and Vancouver without hurting sales in other markets…
The Ottawa-based group said about 60 per cent of all local markets showed an increase in transactions from February, including Edmonton, Calgary, Montreal and Victoria.
But sales in the Toronto area were down 1.8 per cent from February. The situation was slightly similar in Vancouver, where sales fell a more modest 0.3 per cent, but that contrasted with a national increase of 1.5 per cent.
March was the first full month where new federal rules intended to cool overheated markets were in effect. Under the changes, anyone buying a home that costs between $500,000 and $1 million face a minimum down payment of 10 per cent.
Canada’s Best Deals in Real Estate »
The changes were aimed at slowing the torrid rise in prices in the red-hot markets of Toronto and Vancouver without hurting sales in other markets…
Initial public offerings scheduled to debut next week
– canadianbusiness.com
NEW YORK, N.Y. – The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.
Week of April 18:
American Renal Associates Holdings – Beverly, Mass., 7.5 million shares, priced $20-$23, managed by BofA Merrill Lynch/Barclays Goldman Sachs. Proposed NYSE symbol ARA. Business: Kidney dialysis clinics.
MGM Growth Properties LLC. – Las Vegas, 50 million shares, priced $18-$21, managed by BofA Merrill Lynch/J.P. Morgan Stanley. Business: MGM Resorts-backed REIT with an initial protfolio of 10 gaming properties.
SecureWorks – Atlanta, 9 million shares, priced $15.50-$17.50, managed by BofA Merrill Lynch/Morgan Stanley Goldman Sachs. Business: Managed security services provider being spun out of Dell.
The post Initial public offerings scheduled to debut next week appeared first on Canadian Business – Your Source For Business News.
Week of April 18:
American Renal Associates Holdings – Beverly, Mass., 7.5 million shares, priced $20-$23, managed by BofA Merrill Lynch/Barclays Goldman Sachs. Proposed NYSE symbol ARA. Business: Kidney dialysis clinics.
MGM Growth Properties LLC. – Las Vegas, 50 million shares, priced $18-$21, managed by BofA Merrill Lynch/J.P. Morgan Stanley. Business: MGM Resorts-backed REIT with an initial protfolio of 10 gaming properties.
SecureWorks – Atlanta, 9 million shares, priced $15.50-$17.50, managed by BofA Merrill Lynch/Morgan Stanley Goldman Sachs. Business: Managed security services provider being spun out of Dell.
The post Initial public offerings scheduled to debut next week appeared first on Canadian Business – Your Source For Business News.
TORONTO — A record number of homes across the country were sold in March, although the Vancouver and Toronto markets saw declines from the previous month, the Canadian Real Estate Association said Friday.
The Ottawa-based group said about 60 per cent of all local markets showed an increase in transactions from February, including Edmonton, Calgary, Montreal and Victoria.
But sales in the Toronto area were down 1.8 per cent from February. The situation was slightly similar in Vancouver, where sales fell a more modest 0.3 per cent, but that contrasted with a national increase of 1.5 per cent.
Related post: The crazy world of peak real estate
March was the first full month where new federal rules intended to cool overheated markets were in effect. Under the changes, anyone buying a home that costs between $500,000 and $1 million face a minimum down payment of 10 per cent.
The changes were aimed at slowing the torrid rise in prices in the red-hot markets of Toronto and Vancouver without hurting sales in other markets…
Bombardier stock hits six-month high after reports of Delta order
– theglobeandmail.com
A final agreement between Atlanta-based Delta and Bombardier for 75 firm orders and options for 50 more of its 100-150 seat C Series planes is expected at the end of April
Mitel Networks Corp. has a friendly deal to pay $1.96 billion US in cash and stock for Polycom Inc., a Silicon Valley company with global expertise in telephone and video conferencing and a much larger workforce around the world.
