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How to create a more financially secure future by investing in yourself + MORE Dec 19th
When people think about making investments, putting money aside is what pops into their heads. This is understandable. After all, that is more or less all most financial advisors and money-saving blogs talk about. They rarely mention the fact that investing in yourself is just as important. You n.... More »
With debt payment looming, House weighs Puerto Rico bill + MORE Jun 9th
WASHINGTON – With a $2 billion debt payment looming, House leaders and President Barack Obama are pressuring lawmakers in both parties to support legislation to help ease Puerto Rico’s financial crisis.
The House is scheduled to begin debate Thursday on a bill that would create a financi.... More »
Miami’s Cuban exiles celebrate Castro’s death Nov 26th
The Cuban community celebrates the announcement that Fidel Castro died as they gather in front La Carreta Restaurant, early Saturday, Nov. 26, 2016, in Miami. Within half an hour of the Cuban government’s official announcement that former President Fidel Castro had died, Friday, Nov. 25, 2016, .... More »
Maclean’s on the Hill: Canada-U.S. trade, Tory leadership Apr 1st
Each week, the Maclean’s Ottawa bureau sits down with Cormac Mac Sweeney to discuss the headlines of the week. This week, trade is a major issue, with the U.S. taking the first steps toward renegotiating NAFTA—and also examining America’s relationships with its trading partners. Macleanâ.... More »
The best TFSAs in Canada for 2022 + MORE Nov 17th
As the name suggests, tax-free savings accounts (TFSAs) offer a tax break on contribution income—meaning that, unlike with a regular savings account or non-registered investment account, what you earn inside your TFSA isn’t taxed, even when you make a withdrawal. TFSAs are flexible, too, allowin.... More »
Oil prices are up three per cent today as U.S. investment bank Goldman Sachs says the supply glut has vanished.
Home sales hit nationwide record for April
– moneysense.ca
OTTAWA – The Canadian Real Estate Association says home sales in April set a new record for the month as they gained 10.3 per cent compared with a year ago.
The industry organization says sales in April were up in about 70 per cent of all local markets compared with a year ago, boosted by markets in B.C. and the Toronto region.
Compared with March, sales were up 3.1 per cent in April.
4 changes in B.C.’s hot real estate market »
The national average price for homes sold in April was $508,097, up 13.1 per cent compared with a year ago.
Excluding the Greater Vancouver and Greater Toronto markets, the average price was $369,222, up 8.7 per cent from April 2015.
Newly listed homes were down 0.2 per cent in April compared with March. The national sales-to-new listings ratio rose to 64.5 per cent in April, the ratio’s tightest reading since October 2009.
The post Home sales hit nationwide record for April appeared first on MoneySense.
The industry organization says sales in April were up in about 70 per cent of all local markets compared with a year ago, boosted by markets in B.C. and the Toronto region.
Compared with March, sales were up 3.1 per cent in April.
4 changes in B.C.’s hot real estate market »
The national average price for homes sold in April was $508,097, up 13.1 per cent compared with a year ago.
Excluding the Greater Vancouver and Greater Toronto markets, the average price was $369,222, up 8.7 per cent from April 2015.
Newly listed homes were down 0.2 per cent in April compared with March. The national sales-to-new listings ratio rose to 64.5 per cent in April, the ratio’s tightest reading since October 2009.
The post Home sales hit nationwide record for April appeared first on MoneySense.
Amaya’s PokerStars takes big share of New Jersey market after just one month
– theglobeandmail.com
Amaya had $55.5-million in net earnings from continuing operations in the quarter, up from $23.3-million a year earlier
Amaya’s PokerStars takes big share of New Jersey market after just one month
– canadianbusiness.com
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 New Jersey market, which the state Department of Gaming Enforcement estimated increased about 30 per cent over the course of last month.
Amaya (TSX:AYA), which has switched to reporting in U.S. dollars, had US$55.5 million in net earnings from continuing operations in the quarter, up from US$23.3 million a year earlier.
Excluding one-time items, adjusted profits surged 26 per cent to almost US$85 million or 43 cents per diluted share. That compared with $67.4 million or 34 cents per share in the first quarter of 2015. Revenues for the three months ended March 31 grew six per cent to US$288.7 million.
Amaya said several potential buyers, including a group headed by former CEO David Baazov, have entered into confidentiality agreements with Amaya and are conducting due diligence…
The Montreal-based company said PokerStars is helping to grow the New Jersey market, which the state Department of Gaming Enforcement estimated increased about 30 per cent over the course of last month.
Amaya (TSX:AYA), which has switched to reporting in U.S. dollars, had US$55.5 million in net earnings from continuing operations in the quarter, up from US$23.3 million a year earlier.
Excluding one-time items, adjusted profits surged 26 per cent to almost US$85 million or 43 cents per diluted share. That compared with $67.4 million or 34 cents per share in the first quarter of 2015. Revenues for the three months ended March 31 grew six per cent to US$288.7 million.
Amaya said several potential buyers, including a group headed by former CEO David Baazov, have entered into confidentiality agreements with Amaya and are conducting due diligence…
A new way to build a portfolio
– theglobeandmail.com
Some advisers are asking not what your risk tolerances are but rather what your financial hopes and dreams require
