Bauer-owner Performance Sports to sell assets to Sagard, Fairfax + MORE Jan 26th

Move comes after no other competing bids for company emerged

CTV NewsFact check: Is Michigan a threat to economic investment in Ontario?CTV NewsOTTAWA — "We're completely uncompetitive. The incremental dollar from any investor globally will not come to Ontario for a new plant. It'll go to Michigan, where they'll have 30 per cent less in tax, no regulations, no carbon tax. We need to be …Ontario Liberals find a useful enemy in Kevin O'Leary: Robyn UrbackCBC.caMeet Two Aspiring Canadian TrumpsSlate MagazineHow the Star got its O'Leary poll story dead wrongiPolitics.ca (subscription)St. Catharines Standard -World Socialist Web Site -TheJointBlog (blog)all 14 news articles »

In Episode 4 of the Canadian Couch Potato podcast, I answered the following question from a listener named Jakob:
I’m currently investing with all my ETFs in RRSP and TFSA accounts. This year, however, I’ll finish paying off my mortgage, so I will have more surplus cash and will have to start using taxable accounts. I have been reading your blog posts about adjusted cost base, and they’re helpful, but it still sounds like a pain to track and calculate. I’d consider paying some extra fees for help with this. What options do I have?
Investing in a non-registered account involves a lot more hands-on work than RRSPs and TFSAs. While there’s no such thing as a maintenance-free taxable portfolio, you can certainly make your life easier with a few simple strategies:
1. Consider alternatives to ETFs. Make no mistake: ETFs are generally tax-efficient and they can be a great choice in non-registered accounts. But if you’re a novice index investor, consider other good products that require a lot less recordkeeping…

While most seniors and near-retirees are well acquainted with RRSPs and ultimately Registered Retirement Income Funds (RRIFs), the lesser-known comparable structures of Locked-in Retirement Accounts (LIRAs) and Life Income Funds (LIFs) appear to many as something of a mystery.
They shouldn’t be and based on the rising trend to layoffs and/or termination “packages” from large employers, it’s a safe bet that LIRAs and soon LIFs (or Locked-in Restricted Life Income Funds or LRIFs) will soon become almost as familiar to us as RRSPs and RRIFs.
LIRAs are also known in some provinces as Locked-in RRSPs, which is exactly what they are. Unlike regular RRSPs, from which you can withdraw funds (and pay tax) if you need it at any time, LIRAs generally prohibit you from making any withdrawals before 55, according to Adrian Mastracci, portfolio manager with Vancouver-based KCM Wealth Management. Check with your province of residence for any variants on this. After all, the idea of LIRAs is to keep a retirement nest egg intact for the inevitable day when it is needed to live on post-employment…

I was fortunate enough to attend the 2016 Canadian Personal Finance Conference (#CPFC16) in Toronto back in November. This two-day event featured some of Canada’s top personal finance influencers; bloggers, writers, speakers, disruptors, and commentators speaking on a variety of money related subjects. Presentation topics ranged from a discussion panel on Canada’s housing market to an 8-year-old tax whiz schooling us on the RRSP vs TFSA debate. The conference also provided an opportunity to check out some of the latest “fin-tech” offerings, products designed to help people manage their money better…and easier. Let’s take a look at three products designed to help you with your finances in three very different ways.
No. 1: Sensibill
Toronto-based Sensibill is on a mission to eliminate George Kostanza’s big wallet by changing the way we manage our receipts and invoices. In short, they want to make it paperless.
Sensibill is partnering with the banking industry to make it easy for you to store and retrieve your receipts online…