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Coworking space demand soars as career patterns shift, firms cut costs + MORE Oct 27th
A deal between one of Canada’s oldest retailers and a fast-growing U.S. startup that wants to convert portions of its flagship stores into shared offices is the latest evidence that coworking spaces are increasingly hot properties _ and demand for retail real estate is cooling.
This week, Huds.... More »
U.S. banning use of WeChat, TikTok, citing national security reasons - CBC.ca Sep 18th
U.S. banning use of WeChat, TikTok, citing national security reasons CBC.caTrump to block TikTok, WeChat downloads in U.S. Global NewsByteDance plans TikTok IPO if U.S. clears deal: sources Yahoo Canada FinanceTrump Is Wrong About TikTok. China’s Plans Are Much Mor.... More »
Ecosystem Plays Continue To Dominate ($GOOG, $AMZN, $AAPL, $FB, $MSFT) + MORE Apr 28th
For years I feel like I’ve been discussing the “ecosystem play” and I certainly wish I had been able to buy an ETF that held all those plays. In this 2013 post, I didn’t include Microsoft but started including it in 2014 as it became clear it would successfully adapt to this.... More »
iPhone 16 models delivery pushed to October on Apple Store, but why you may not need to wait that long to - The Times of India + MORE Sep 16th
iPhone 16 models delivery pushed to October on Apple Store, but why you may not need to wait that long to The Times of IndiaiPhone 16 Pro and iPhone 16 Pro Max AppleApple stock slides as reports suggest muted early iPhone 16 demand Yahoo FinanceiPhone 16 Pro vs. 15 P.... More »
What Went Down at CB and TL Insider’s Thought Leadership Panel at Artscape Daniels Launchpad + MORE Jun 16th
Urban centres have faced unique challenges over the course of the pandemic. As Toronto, among other cities, moves forward and focuses on creating a thriving, post-pandemic way of life; the country’s appeal on the global stage is a hot topic of interest. To get a lead on this timely discussion, TL .... More »
Why you can't emulate the investing greats, a stock worth its dollars, and the challenges investors face in the Trump era
– theglobeandmail.com
A roundup of investment ideas for active investors
What happens to an RESP when you die
– moneysense.ca
Q: I am the account subscriber for an RESP for a child to whom I am not related by blood. I have been told by the financial institution that the only way to name the child’s father as the subscriber upon my death is through my will, which would be subject to probate. Is that correct? I would have thought that I could name the father as a beneficiary as you can for a TFSA or RRSP.
—Wayne
A: A parent or grandparent would be the most common subscriber for a Registered Education Savings Plan (RESP). But it’s not unheard of for an aunt, uncle, godparent, etc. to open an RESP to save for the education of a special child in their lives. No matter who the beneficiary of an RESP is, it’s important for the subscriber to understand how RESPs factor into their estate planning (or lack thereof).
Even though an RESP is generally opened and intended for a child, grandchild, or, in your case, Wayne, an important child in your life, the RESP is technically yours. The child is simply the beneficiary—or more specifically, the potential beneficiary—of the RESP…
Ritchie Bros. buys Kramer Auctions to strengthen presence in central Canada
– canadianbusiness.com
VANCOUVER – Ritchie Bros. Auctioneers (TSX:RBA) has acquired Kramer Auctions to strengthen its presence in the Prairies and grow the scale of its Canadian agricultural business.
Kramer Auctions, headquartered in North Battleford, Sask., operates approximately 75 on-the-farm auctions, four on site auctions and eight livestock auctions each year in Alberta and Saskatchewan.
The family owned and operated company sold more than $60 million of agricultural equipment, real estate and other assets in the last year.
Ritchie Bros., which sells used equipment for the construction, transportation, agriculture, energy, mining, forestry and other industries, said it intends to retain the Kramer brand for the immediate future.
Kramer Trailer Sales was not acquired by Ritchie Bros. and remains owned by the Kramer family.
No other terms of the deal were disclosed.
The post Ritchie Bros. buys Kramer Auctions to strengthen presence in central Canada appeared first on Canadian Business – Your Source For Business News.
Kramer Auctions, headquartered in North Battleford, Sask., operates approximately 75 on-the-farm auctions, four on site auctions and eight livestock auctions each year in Alberta and Saskatchewan.
The family owned and operated company sold more than $60 million of agricultural equipment, real estate and other assets in the last year.
Ritchie Bros., which sells used equipment for the construction, transportation, agriculture, energy, mining, forestry and other industries, said it intends to retain the Kramer brand for the immediate future.
Kramer Trailer Sales was not acquired by Ritchie Bros. and remains owned by the Kramer family.
No other terms of the deal were disclosed.
The post Ritchie Bros. buys Kramer Auctions to strengthen presence in central Canada appeared first on Canadian Business – Your Source For Business News.
Oil prices rallied and Canada’s biggest stock market strengthened amid growing prospects that OPEC members will reach a deal on capping oil production later this month.
Ask the Spud: Reverse Share Splits in ETFs
– CanadianCouchPotato.com
Q: I noticed the unit price of some iShares ETFs changed radically last week. For example, the iShares MSCI Singapore ETF (EWS) shot up from around $10 to $20 overnight on November 7. Another fund went from $14 to over $28. What’s going on here, and how would it affect investors? — Chris
If you wake up to find the unit price of your ETF doubled overnight, you might be tempted to think you just scored a 100% return while you slept. But unless you’re an eternal optimist, you’ll probably realize that isn’t the case. What’s happened here is called a reverse share split, or consolidation. Although the price per share of these iShares ETFs doubled (or in some cases quadrupled), the total value of each investor’s holding hasn’t changed, because they now own correspondingly fewer units.
If you’ve ever traded stocks, you’re probably more familiar with a regular stock split, whereby a company increases its number of outstanding shares by some multiple, reducing the price of each share by a proportional amount…
If you wake up to find the unit price of your ETF doubled overnight, you might be tempted to think you just scored a 100% return while you slept. But unless you’re an eternal optimist, you’ll probably realize that isn’t the case. What’s happened here is called a reverse share split, or consolidation. Although the price per share of these iShares ETFs doubled (or in some cases quadrupled), the total value of each investor’s holding hasn’t changed, because they now own correspondingly fewer units.
If you’ve ever traded stocks, you’re probably more familiar with a regular stock split, whereby a company increases its number of outstanding shares by some multiple, reducing the price of each share by a proportional amount…
