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When not to contribute to a TFSA + MORE Jan 3rd
Q: My wife and I would like to put our inheritance (approximately $80,000) into our TFSAs, which we have never used, to generate as much tax-free monthly income as possible.
Any tips, suggestions?
—Richard
A: Tax-Free Savings Accounts (TFSAs) are a good tool, but they’re just one of many avai.... More »
Markets need active investors more than ever + MORE Apr 15th
(Illustration by Sam Island)
I am a firm believer in stock picking. I think stock picking, with the right process and the right temperament, works. Stock pickers, at least the ones I track, in the long run tend to outperform. As a result, the growth in exchange-traded funds, which are investment .... More »
How the Liberals’ re-election impacts RRIFs, taxes and more May 6th
The Liberals held on to power in the recent federal election, and this has tax implications for Canada’s seniors and other taxpayers—in particular, for retirees and their strategies for their registered retirement income fund (RRIF) this year and possibly in the future.
Reduced RRIF minimum w.... More »
Activision Confirms 'Call of Duty' Features AI-Generated Visuals - CNET Feb 25th
Activision Confirms 'Call of Duty' Features AI-Generated Visuals CNETCall of Duty updated with generative AI disclosure on Steam page PolygonActivision Finally Admits It Uses Generative AI for Some Call of Duty: Black Ops 6 Assets After Backlash Following 'AI Slop' Zombie Santa.... More »
Xbox Boss "Looking Forward" To Working With Bungie on 'Destiny' Following Activision Break Up - Comicbook.com Jan 12th
Xbox Boss "Looking Forward" To Working With Bungie on 'Destiny' Following Activision Break Up Comicbook.comAfter Bungie and 'Destiny,' Please Free Blizzard From Activision GeekFive Big Questions For Bungie After The Activision 'Destiny' Split ForbesBungie-Activision .... More »
China’s Wanda buys Dick Clark Productions for $1 billion
– canadianbusiness.com
BEIJING, China – China’s Dalian Wanda Group has spent $1 billion to acquire Dick Clark Productions, the TV company that produces the “Miss America” pageant and the Golden Globe awards.
Wanda announced the deal in a statement Friday.
Wanda’s push into the U.S. entertainment industry has led to calls from some American lawmakers for greater scrutiny of Chinese investment amid concerns about creative freedom and the promotion of Chinese propaganda.
Wanda already owns AMC Theaters and bought Legendary Entertainment for $3.5 billion in January. It also announced a movie partnership in September with Sony Pictures.
The namesake company of legendary American television host Dick Clark was purchased in 2012 by a group including investment firm Guggenheim Partners. It owns several awards shows and the New Year’s Eve countdown show in New York.
The post China’s Wanda buys Dick Clark Productions for $1 billion appeared first on Canadian Business – Your Source For Business News.
Wanda announced the deal in a statement Friday.
Wanda’s push into the U.S. entertainment industry has led to calls from some American lawmakers for greater scrutiny of Chinese investment amid concerns about creative freedom and the promotion of Chinese propaganda.
Wanda already owns AMC Theaters and bought Legendary Entertainment for $3.5 billion in January. It also announced a movie partnership in September with Sony Pictures.
The namesake company of legendary American television host Dick Clark was purchased in 2012 by a group including investment firm Guggenheim Partners. It owns several awards shows and the New Year’s Eve countdown show in New York.
The post China’s Wanda buys Dick Clark Productions for $1 billion appeared first on Canadian Business – Your Source For Business News.
Reuters CanadaTSX falls to three-week low as energy shares track oil lowerReuters CanadaTORONTO (Reuters) – Canada's main stock index fell on Thursday to a three-week low as weaker oil prices sparked a sell-off in energy shares, but the financials and materials groups gained ground. The Toronto Stock Exchange's S&P/TSX composite index .Canada shares lower at close of trade; S&P/TSX Composite down 0.08%Investing.com UKall 14 news articles »
In a hidden camera investigation carried out in the Greater Toronto Area, Marketplace found some real estate agents promised to use confidential information in an effort to double their commission on home sales.
October home prices soar in Toronto
– moneysense.ca
TORONTO – October was another hot month for the Toronto area’s residential real estate market, with the number of sales hitting a record high and prices soaring by double-digits.
The Toronto Real Estate Board says there were 9,768 sales in the Greater Toronto Area — up 11.5 per cent from the same month last year.
Its benchmark price index was also up by 19.7 per cent from a year ago and the average selling price for all types of homes rising by 21.1 per cent to $762,975.
TREB president Larry Cerqua (SIR-kwa) says growth was strong throughout October — a month in which Finance Minister Bill Morneau announced stricter rules for mortgage lenders and foreign buyers.
He says TREB will be monitoring sales and listings carefully in light of Morneau’s policy changes and the board is surveying consumers to measure buying intentions for 2017.
The Toronto Real Estate Board says there were 9,768 sales in the Greater Toronto Area — up 11.5 per cent from the same month last year.
Its benchmark price index was also up by 19.7 per cent from a year ago and the average selling price for all types of homes rising by 21.1 per cent to $762,975.
TREB president Larry Cerqua (SIR-kwa) says growth was strong throughout October — a month in which Finance Minister Bill Morneau announced stricter rules for mortgage lenders and foreign buyers.
He says TREB will be monitoring sales and listings carefully in light of Morneau’s policy changes and the board is surveying consumers to measure buying intentions for 2017.
More on real estate:
Top 25 Toronto neighbourhoods to buy in
Top 25 richest neighbourhoods in Canada
Toronto’s top neighbourhoods
The post October home prices soar in Toronto appeared first on MoneySense.
Nortel Networks, pension group battle over $7.3-billion in assets
– theglobeandmail.com
Pension Benefit Guaranty says it will ‘defend its claims aggressively’ to ensure it receives the highest payout possible
