The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Mixed Up Money’s Alyssa Davies on striving for CoastFIRE, the value of time, and more Jan 12th
Alyssa Davies doesn’t let complex calculations get in the way of making sound financial decisions—though she does advocate for tracking your spending. “I strongly believe that money is less about numbers and math, and more about emotions and feelings,” she writes on her award-winning blog, M.... More »
What expenses can you deduct for a second property in Canada? + MORE Sep 14th
If someone owns a second property, what can they deduct? Can they deduct the cost of purchasing or renovations?—Nicole
The types of expenses you can deduct for a second property
There are several expenses that can be deducted from a second property, particularly if it is designated as an inv.... More »
Freshii aims to add 150 to 160 restaurants this year + MORE Mar 22nd
Freshii released its first earnings report since it began trading on the TSX, reporting $16.1-million in revenue
.... More »
Is $779,000 overpriced for this old bungalow in Ajax? This real estate agent says it’s ‘madness’ Nov 19th
“Who is going to pay $779,000 for this little (house) in Ajax? I mean, it’s cute, but it’s $779,000 for two bedrooms and two bathrooms. That’s crazy,” said real estate agent Othneil Litchmore..... More »
At the open: Dow nears 20,000, Nasdaq hits record + MORE Dec 27th
Apple top stock on all three indexes; Biogen up after FDA clears muscular atrophy drug
.... More »
Women in politics: We’re not as equal as we think we are
– macleans.ca
Governor General Adrienne Clarkson poses for an official photograph with Prime Minister and his cabinet in Ottawa, Thursday, October 14,1999, at Rideau Hall, official residence of the Governor General. (FRED CHARTRAND/CP)One day when Penny Collenette was director of appointments for Prime Minister Jean Chrétien, her executive assistant slunk into her office clutching a list. “You’re not going to like this,” she said. Collenette looked at it: 18 people recommended for an advisory group on a sensitive public policy issue. All of them were men.
Before the Liberal government was elected in 1993, they made a campaign promise to appoint more women. When they took office, Collenette asked to see the numbers: of about 3,000 people appointed by governor-in-council — deputy ministers, heads of agencies, Crown corporations, ambassadors, judges, returning officers and commission members — women made up between 26 and 29 per cent. Over the first year or so, Collenette kept an eye on that number like it was a stock ticker…
2016 Predictions Summer Update
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.
I enjoy predictions, I treat them as entertainment. I had some fun with my 2015 predictions and I actually got a few of them right.
Many months ago I predicted the financial markets would be a wild ride in 2016. It’s actually been a decent uphill climb since the beginning of the year – but the year isn’t over yet! What stocks would raise their dividends in 2016? How would our dollar finish this year? Here was my forecast for 2016 and where things stand today.
I enjoy predictions, I treat them as entertainment. I had some fun with my 2015 predictions and I actually got a few of them right.
Many months ago I predicted the financial markets would be a wild ride in 2016. It’s actually been a decent uphill climb since the beginning of the year – but the year isn’t over yet! What stocks would raise their dividends in 2016? How would our dollar finish this year? Here was my forecast for 2016 and where things stand today.
The Ottawa Senators will make the playoffs.
Nope. I didn’t come close to getting this prediction right, unfortunately. With new head coach Guy Boucher in town now, the Senators should be able to turn the page on an old chapter and start a new one for the 2016-2017 campaign. At least Sens fans like me are hoping so.
The Chicago Blackhawks will win The Stanley Cup.
Wrong again. Did you have Sid the Kid and his Pens on your Stanley Cup shortlist at the Christmas break? I doubt it and neither did I…
Five things to watch for in the Canadian business world in the coming week
– canadianbusiness.com
TORONTO – Five things to watch this week in Canadian business:
Take a break: Fretting about returning to work Monday? Relax. It’s a holiday for most Canadians, including Bay Street traders. The Toronto Stock Exchange is closed.
Real estate tax: As of Tuesday, foreigners buying property in Vancouver will have to pay a 15 per cent tax. The B.C. government introduced the levy in an effort to cool down the city’s torrid real estate market — two months after saying it wasn’t in favour of it out of concerns it would deter investment from Asia. Concerns are now rising that foreign capital will migrate elsewhere, including Toronto.
Earnings, earnings, earnings: It’s another big week for earnings. Quarterly results are due from numerous corporate giants, including Molson, Saputo, Quebecor, SNC-Lavalin and Canadian Tire.
Bombardier: The Montreal-based manufacturer of planes and trains releases its second-quarter results Friday. Bombardier, which has been the focus of much public attention as it makes a push to sell its CSeries passenger jets, is still awaiting response from Ottawa for its request for federal funding…
Take a break: Fretting about returning to work Monday? Relax. It’s a holiday for most Canadians, including Bay Street traders. The Toronto Stock Exchange is closed.
Real estate tax: As of Tuesday, foreigners buying property in Vancouver will have to pay a 15 per cent tax. The B.C. government introduced the levy in an effort to cool down the city’s torrid real estate market — two months after saying it wasn’t in favour of it out of concerns it would deter investment from Asia. Concerns are now rising that foreign capital will migrate elsewhere, including Toronto.
Earnings, earnings, earnings: It’s another big week for earnings. Quarterly results are due from numerous corporate giants, including Molson, Saputo, Quebecor, SNC-Lavalin and Canadian Tire.
Bombardier: The Montreal-based manufacturer of planes and trains releases its second-quarter results Friday. Bombardier, which has been the focus of much public attention as it makes a push to sell its CSeries passenger jets, is still awaiting response from Ottawa for its request for federal funding…
Mideast courier Aramex founder cashes out 10-per cent stake
– canadianbusiness.com
DUBAI, United Arab Emirates – The Mideast courier service Aramex announced Sunday that its founder had sold a nearly 10-per cent stake in the Dubai-based company.
Aramex said in a stock exchange filing that founder Fadi Ghandour sold all of his stake in Levant Logistics Holdings, a Cayman Islands-based company that controls a 9.9-per cent stake in Aramex. The buyer was another Cayman Islands-based company, Boson Ventures Corporation.
Aramex did not disclose when the sale happened or at what price. Based on the most recent Aramex closing price, the stake is worth 579.8 million dirhams ($158 million).
Aramex shares rose on the news, extending an 11-day winning streak. They gained 2.5 per cent to close at 4.10 dirhams as the broader Dubai Financial Market declined.
The post Mideast courier Aramex founder cashes out 10-per cent stake appeared first on Canadian Business – Your Source For Business News.
Aramex said in a stock exchange filing that founder Fadi Ghandour sold all of his stake in Levant Logistics Holdings, a Cayman Islands-based company that controls a 9.9-per cent stake in Aramex. The buyer was another Cayman Islands-based company, Boson Ventures Corporation.
Aramex did not disclose when the sale happened or at what price. Based on the most recent Aramex closing price, the stake is worth 579.8 million dirhams ($158 million).
Aramex shares rose on the news, extending an 11-day winning streak. They gained 2.5 per cent to close at 4.10 dirhams as the broader Dubai Financial Market declined.
The post Mideast courier Aramex founder cashes out 10-per cent stake appeared first on Canadian Business – Your Source For Business News.
