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Wealthsimple reveals that it’s now profitable, after 10 years in operation Sep 18th
As Wealthsimple marks a decade in operation, the financial platform is disclosing for the first time that it’s profitable as its revenue and assets jump.
The company that started as a robo-advisor has been steadily adding investment capabilities over the years as well as more bank-like featur.... More »
Real estate: Three experts, one night, zero agreement + MORE Apr 29th
Jeff Rubin, author of The Carbon Bubble. Photographed on May 13, 2015. (Rick Madonik/Toronto Star/Getty Images)
When Jeff Rubin gave advice on Toronto real estate this week, the only thing polished was his shoes. Waving his fist clenched around a paper he wrote in 1989 as evidence, he chided the Ba.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Jan 26th
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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How your tax bracket decides whether a TFSA or RRSP contribution is best + MORE Feb 25th
I was a bit surprised to learn recently that TFSAs had just ‘turned ten’. It seems like just yesterday that I was answering questions from the media about how these newfangled government-sponsored programs might change the landscape for investing in general and retirement planning in particul.... More »
‘See people, not the virus’: HIV Edmonton aims to end stigma on World Aids Day - CTV News Dec 2nd
‘See people, not the virus’: HIV Edmonton aims to end stigma on World Aids Day CTV NewsMessage from the Minister of Health and the Minister of Indigenous Services on World AIDS Day and Indigenous AIDS Awareness Week canada.caHIV rates on the rise since start of COVID-19 pan.... More »
How to do a background check on financial advisers
– canadianbusiness.com
NEW YORK, N.Y. – Shopping for a financial adviser? Make sure to do a background check first.
A few quick internet searches can save you from handing over your money to a fraudster or someone who has racked up complaints from past customers.
Running into someone with a less-than-stellar record can be more common than you think. As many as 20 per cent of brokers at some of the country’s largest financial institutions have disciplinary records, according to a March study by researchers at the University of Chicago and the University of Minnesota.
It’s up to you to do the research and ask questions to protect your money. Here’s how:
___
CHECK THEIR HISTORY
Typically, advisers fall into two categories. They are either brokers, who buy or sell stocks on your behalf, or investment advisers, who charge a fee for advice.
If the person you are considering is a broker, they should be able to be found at brokercheck.finra.org , which is run by the Financial Industry Regulatory Authority…
A few quick internet searches can save you from handing over your money to a fraudster or someone who has racked up complaints from past customers.
Running into someone with a less-than-stellar record can be more common than you think. As many as 20 per cent of brokers at some of the country’s largest financial institutions have disciplinary records, according to a March study by researchers at the University of Chicago and the University of Minnesota.
It’s up to you to do the research and ask questions to protect your money. Here’s how:
___
CHECK THEIR HISTORY
Typically, advisers fall into two categories. They are either brokers, who buy or sell stocks on your behalf, or investment advisers, who charge a fee for advice.
If the person you are considering is a broker, they should be able to be found at brokercheck.finra.org , which is run by the Financial Industry Regulatory Authority…
German industrial production up 0.8 per cent in April
– canadianbusiness.com
BERLIN – German industrial production rose 0.8 per cent in April, making up most of the decline from a month earlier.
Industrial production had fallen 1.1 per cent in March.
The figures released Tuesday by the Economy Ministry showed the production of investment goods rose 2.2 per cent and manufacturing increased 1.1 per cent in April.
Construction in Europe’s biggest economy fell 1.7 per cent since March.
The post German industrial production up 0.8 per cent in April appeared first on Canadian Business – Your Source For Business News.
Industrial production had fallen 1.1 per cent in March.
The figures released Tuesday by the Economy Ministry showed the production of investment goods rose 2.2 per cent and manufacturing increased 1.1 per cent in April.
Construction in Europe’s biggest economy fell 1.7 per cent since March.
The post German industrial production up 0.8 per cent in April appeared first on Canadian Business – Your Source For Business News.
Ontario Teachers’ Pension Plan eyes investment in public infrastructure
– theglobeandmail.com
Ottawa is considering a system, called “asset recyling,” that could see different levles of government lease or sell parts of mature public assets
Wealthy next door neighbour is buying Playboy mansion
– macleans.ca
(Photo by John Salangsang/Invision/AP, File)LOS ANGELES – Hugh Hefner’s Playboy Mansion is about to acquire a new owner – the wealthy businessman who lives next door.
Representatives for Playboy Enterprises and Daren Metropoulos confirmed Monday that Metropoulos’ bid to buy Hefner’s man cave is in escrow.
Both sides declined to reveal the sale price until escrow closes, but a representative for Metropoulos said terms would allow Playboy Magazine’s 90-year-old founder to remain in the mansion for the rest of his life.
The home in LA’s fashionable Holmby Hills was originally listed at $200 million, but local real estate agents said at the time that appeared ridiculously overpriced. A nearby property sold last year for $59 million.
Metropoulos bought his current home next door to the mansion from Hefner in 2009 for $18 million.
The mansion, the scene of countless celebrity-filled parties and innumerable tales of sexual shenanigans, was built in 1927 and purchased by Playboy Enterprises in 1971 for $1…
The Four Seasons is apparently up for sale – Toronto Life
– news.google.ca
Toronto LifeThe Four Seasons is apparently up for saleToronto LifeReuters reports that an investment group owned by a Saudi prince is looking for a buyer for Toronto's Four Seasons Hotel. Alwaleed bin Talal, whom Bloomberg pegs as the world's 38th richest man, bought an ownership stake in the Four Seasons' parent …and more »
