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Am I on track to quit my job now? + MORE Sep 28th
(Photograph by Gemma Robillard)
The current situation
Lana, 42, works in Toronto’s financial sector and is the mother of two children aged 8 and 10. “I have been working for 15 years and now I’m ready to step away from the corporate ladder and be a full-time mom,” she says. However, her husb.... More »
Telecommuting on the rise to meet challenges of real estate market, labour shortage Nov 4th
Remote workers are looking better than ever to companies contending with expensive office space and a shortage of skilled workers who may not be able to afford housing in major urban centres..... More »
Canada pledges financial, technical support to help fight Amazon wildfires in Brazil - The Globe and Mail Aug 26th
Canada pledges financial, technical support to help fight Amazon wildfires in Brazil The Globe and MailMacron calls Brazilian president 'extremely disrespectful' for mocking his wife CBC NewsBrazil wary of foreign help with Amazon fires over fear region is 'ripe for invasion': .... More »
Should you favour dividend ETFs in retirement? Jun 24th
Drawing down your Couch Potato portfolio? That doesn't mean you need to switch to a dividend strategy. [MoneySense].... More »
Nicole, 29, makes $78,000 as a policy analyst. She has some regrets after buying her first home in the pandemic and says she feels ‘lost’ with her finances. What can she do? Feb 22nd
Nicole says she’s going through a #MillennialLifeCrisis with her finances, and wants more clarity from the financial expert..... More »
With negative rates, even your money market fund’s not safe
– theglobeandmail.com
Negative rates are posing a risk to public pensions in Europe – and Canada should take note
Rules for safe dividend investing
– moneysense.ca
(Illustration by Sébastien Thiebault)In this prolonged low-interest-rate environment, nothing has captured the hearts and minds of investors more than dividend stocks. Roughly three-quarters of the stock market’s real return has historically come from dividends, so there’s validity to chasing yield. But some industry experts worry this near-obsessive focus on high-yield investment strategies is putting our nest eggs at risk because it ignores the basic tenets of proper portfolio construction. And when you combine that with a fragile economy, the outlook only worsens.
“Dividend stocks tend to be under-diversified and this leaves your portfolio exposed, particularly in a downturn,” explains Tom Bradley, CEO of Steadyhand. Don’t forget that Canadian companies with dividends are heavily concentrated in just a few sectors that make up 30% to 40% of our overall economy—namely utilities, banks and real estate. If these sectors get hit hard, says Bradley, expect slower earnings and lower returns…
Low-cost airline asks Ottawa for higher foreign investment limit
– theglobeandmail.com
Report says that the Vancouver-based low-cost airline would mark the first carrier in the country of its kind
KingSet, AIMCo to own half of Scotia Plaza in deal with H&R, Dream REIT
– canadianbusiness.com
TORONTO – KingSett Capital and the Alberta Investment Management Corp. are acquiring a 50 per cent interest in Scotia Plaza, including 100 Yonge St. in downtown Toronto, in a deal valued at well over half a billion dollars.
Under the arrangement, KingSett and AIMCo have agreed to buy a 16.67 per cent ownership interest in the property from Dream Office REIT (TSX:D.UN) while concurrently acquiring the 33.33 interest currently owned by H&R REIT.
Following the transaction, Dream REIT, which expects to received net proceeds of $115 million in the deal, will continue to own a 50 per cent interest in Scotia Plaza.
H&R said is selling its interest for about $433 million and expects net proceeds of about $229 million before closing cost and adjustment after the buyers assume its share of existing financing.
H&R says it will use the proceeds to repay debt, including the $180 million in unsecured debentures maturing in July 2016.
Closing is expected to occur on or about June 30…
Under the arrangement, KingSett and AIMCo have agreed to buy a 16.67 per cent ownership interest in the property from Dream Office REIT (TSX:D.UN) while concurrently acquiring the 33.33 interest currently owned by H&R REIT.
Following the transaction, Dream REIT, which expects to received net proceeds of $115 million in the deal, will continue to own a 50 per cent interest in Scotia Plaza.
H&R said is selling its interest for about $433 million and expects net proceeds of about $229 million before closing cost and adjustment after the buyers assume its share of existing financing.
H&R says it will use the proceeds to repay debt, including the $180 million in unsecured debentures maturing in July 2016.
Closing is expected to occur on or about June 30…
