There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
When do ‘in-kind’ transfers to a TFSA not trigger a ‘deemed disposition’? + MORE Aug 26th
Q. I was surprised to find out from a friend that making an in-kind transfer of losing stocks from a non-registered account to a TFSA would not trigger a “deemed disposition” for tax purposes. However, if the stocks had gone up in value, there would be a deemed disposition and you would have to.... More »
Dozens more alleged victims come forward as Brampton man accused in real estate fraud faces new charges - CBC Jul 14th
Dozens more alleged victims come forward as Brampton man accused in real estate fraud faces new charges CBC.... More »
In Humboldt, sorrow, love and loss take the ice on game night Apr 9th
Al and Jean Gaetz were in their arena seats in Row 8, in Section U near the blue line on Sunday, just as they were planning to do if their beloved Humboldt Broncos had reached Game 6.
They’ve held Broncos season tickets since 1973; they billeted young players for decades. Al, still selling real es.... More »
Toys 'R' Us Canada files for creditor protection - CBC Feb 4th
Toys 'R' Us Canada files for creditor protection CBCToronto Toys “R” Us closure highlights Canada’s shrinking big-box toy retail scene NOW TorontoToys “R” Us Canada facing another lawsuit from landlord claiming it’s owed rent - Toronto Global NewsTOYS "R".... More »
CPPIB shakes up executive team as succession planning continues + MORE Jul 5th
Changes to investment board’s executive team are slowly being rolled out by CEO Mark Machin
.... More »
How Jennifer Reynolds is working to get women to return to finance careers
– canadianbusiness.com
Women in Capital Markets CEO Jennifer Reynolds. (Paul Chiasson/CP)Around the time Jennifer Reynolds was making strides in her career in investment banking, she was also getting ready to have children. She knew balancing kids and a demanding job would be a challenge—one she decided, after careful consideration, that she was up for. Her employers, however, were not so sure. “That’s the glass ceiling right there,” says Reynolds, now the president and CEO of Women in Capital Markets (WCM), an organization that helps bolster women in the field through mentorships, award programs, training, and networking. “At that stage, you’re ready to move up but you’re facing people wondering if you’re going to stick around, or maybe you don’t want that promotion because it would add more work and more travel time. I had people taking options off the table for me.”
.cbR{box-sizing:border-box;display:block;width:100%;margin:1em 0;border:1px solid #bbb;padding:.5em}@media (min-width:480px){…
Wal-Mart’s profit falls but beats estimates; revenue misses
– canadianbusiness.com
NEW YORK, N.Y. – Wal-Mart Stores Inc. reported its third-quarter profit fell 8.2 per cent, dragged down by investments in e-commerce and its stores. Its earnings still beat Wall Street estimates. But its revenue fell short of expectations.
Shares fell nearly 3 per cent in premarket trading.
Wal-Mart is reinventing itself to be more nimble as it fights off competition from online leader Amazon.com and other rivals.
Wal-Mart has been launching a number of changes online and in the store, from cleaning up its stores to being sharper on prices. It’s melding online services with the stores, and it’s pressing ahead with online grocery and pick-up services.
The company told investors in October that it was planning to slow its new store openings and pour money into its online efforts, technology and store remodels.
In September, it completed its deal to buy fast-growing Jet.com for $3 billion in cash plus $300 million in stock in an acquisition aimed at helping the retailer attract younger and more affluent customers to drive online sales…
Shares fell nearly 3 per cent in premarket trading.
Wal-Mart is reinventing itself to be more nimble as it fights off competition from online leader Amazon.com and other rivals.
Wal-Mart has been launching a number of changes online and in the store, from cleaning up its stores to being sharper on prices. It’s melding online services with the stores, and it’s pressing ahead with online grocery and pick-up services.
The company told investors in October that it was planning to slow its new store openings and pour money into its online efforts, technology and store remodels.
In September, it completed its deal to buy fast-growing Jet.com for $3 billion in cash plus $300 million in stock in an acquisition aimed at helping the retailer attract younger and more affluent customers to drive online sales…
Before the Bell: Steady stock futures await Yellen speech
– theglobeandmail.com
A look at overnight markets and what's ahead this trading day in North America
Wal-Mart beats 3Q profit forecasts
– canadianbusiness.com
BENTONVILLE, Ark. (AP) _ Wal-Mart Stores Inc. (WMT) on Thursday reported fiscal third-quarter net income of $3.03 billion.
On a per-share basis, the Bentonville, Arkansas-based company said it had net income of 98 cents.
The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 96 cents per share.
The world’s largest retailer posted revenue of $118.18 billion in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $118.53 billion.
Wal-Mart expects full-year earnings in the range of $4.20 to $4.35 per share.
Wal-Mart shares have climbed 16 per cent since the beginning of the year, while the Standard & Poor’s 500 index has risen 6.5 per cent. The stock has increased 23 per cent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WMT at https://www…
On a per-share basis, the Bentonville, Arkansas-based company said it had net income of 98 cents.
The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 96 cents per share.
The world’s largest retailer posted revenue of $118.18 billion in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $118.53 billion.
Wal-Mart expects full-year earnings in the range of $4.20 to $4.35 per share.
Wal-Mart shares have climbed 16 per cent since the beginning of the year, while the Standard & Poor’s 500 index has risen 6.5 per cent. The stock has increased 23 per cent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WMT at https://www…
Canada Mortgage and Housing Corp. passes stress test extreme scenarios
– canadianbusiness.com
OTTAWA – Canada Mortgage and Housing Corp. says its stress testing shows it will be able to withstand even the most extreme economic scenarios.
The agency tested its mortgage loan insurance and securitization businesses against several scenarios including different changes in the unemployment rate and home prices.
The tests looked at the impact of a severe and prolonged economic depression and a plunge in the price of oil.
Other situations that were tested included a strong earthquake and a sudden rise in interest rates that causes a drop in housing prices and the failure of a Canadian financial institution.
They also looked at what would happen if a U.S. style housing correction occurred in Canada.
CMHC says the tests confirm that its capital holdings are sufficient.
“Stress testing involves searching out extreme scenarios that have a very remote chance of happening and planning for them,” said Romy Bowers, CMHC’s chief risk officer.
“Rigorous stress testing is an essential part of our risk management program and allows CMHC to evaluate its capital levels against these scenarios…
The agency tested its mortgage loan insurance and securitization businesses against several scenarios including different changes in the unemployment rate and home prices.
The tests looked at the impact of a severe and prolonged economic depression and a plunge in the price of oil.
Other situations that were tested included a strong earthquake and a sudden rise in interest rates that causes a drop in housing prices and the failure of a Canadian financial institution.
They also looked at what would happen if a U.S. style housing correction occurred in Canada.
CMHC says the tests confirm that its capital holdings are sufficient.
“Stress testing involves searching out extreme scenarios that have a very remote chance of happening and planning for them,” said Romy Bowers, CMHC’s chief risk officer.
“Rigorous stress testing is an essential part of our risk management program and allows CMHC to evaluate its capital levels against these scenarios…
