How to go about securing the best return for your investment in Canada.
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From Pokemon cards to music royalties: Do alternative investments work? + MORE Oct 22nd
When some rare first-edition Pokemon trading cards went on sale three years ago, Adam O’Brien was hit with a wave of nostalgia. For the now 32-year-old, it was an irresistible offer that had the potential for value in the long run.
It was a bit of a gamble, spending $100,000 for thre.... More »
Survey finds 1/3 of Canadians can’t pay monthly bills as rates set to rise + MORE Jan 15th
CALGARY _ A new survey suggests a third of Canadians can’t pay their monthly bills, including debt repayments, against a backdrop of rising interest rates.
The quarterly MNP consumer debt index survey finds the number of Canadians who can’t cover their fixed monthly expenses is up eight .... More »
Dow jumps 500 points on optimism over China, U.S. trade talk Mar 26th
North American stock markets jumped higher in early morning trading on Monday following Friday's steep losses as reports suggested the United States and China were willing to negotiate tariffs and trade imbalances to avert a trade war..... More »
“Which reverse mortgage is right for me?” + MORE Sep 8th
When Vancouver condo owners Maggie and Rob found out they were on the hook for $400,000 in improvement costs to their building and unit as required by an assessment from their Strata Council, they weren’t sure what to do. (We’ve changed their names and some details to protect their privacy.)
.... More »
National Bank to buy Canadian Western Bank, household wealth jumps to record high and lessons from Swiss Chalet: Must-read business and investing stories - The Globe and Mail Jun 16th
National Bank to buy Canadian Western Bank, household wealth jumps to record high and lessons from Swiss Chalet: Must-read business and investing stories The Globe and MailView Full Coverage on Google News.... More »
Unilever rejected a surprise $143 billion US takeover bid from U.S. food company Kraft Heinz Co. on Friday, saying it saw no reason to discuss a deal which it said had no financial or strategic merit.
Married couple facing charges in multi-million dollar fraud investigation – CP24 Toronto's Breaking News
– news.google.ca
CP24 Toronto’s Breaking NewsMarried couple facing charges in multi-million dollar fraud investigationCP24 Toronto’s Breaking NewsA married couple, one of whom had worked as a fraud detection agent at a financial institution, are facing charges in connection with a multi-million-dollar fraud investigation. Police say they began an investigation into an alleged fraud on June 28 …and more »
What do I owe my step-children?
– moneysense.ca
Q: In the case of a blended family should the mother of the children pass first, what is the obligation of the husband to his step-children? If the mother’s wishes have been satisfied as to jewellery and personal belongings being passed on to the kids, what is the obligation of the step father to these children with the remaining assets upon his death and during estate planning? The kids are in their late teens.
—Patrick S.
A: Blended families have confusing rights and obligations. Some are moral and some are legal rights so it’s difficult to give simple answers to your question because people frequently have more than one marriage and one partner. Blended couples may also have children from previous relationships or marriages and this can create potential conflict for those expecting a family inheritance. As well, there’s the time element—children and relatives may lose their inheritance or wait years to receive it.
But no question, blended families have special estate planning issues…
5 ways Canadian investors are getting duped
– moneysense.ca
(dedMazay/iStock)To say that Al and Mark Rosen have a dim view of securities regulators and investor protection law in Canada is putting it mildly. The father-and-son forensic accounting duo, who co-founded Accountability Research Corp. in Toronto, lay out an alarming picture of the Canadian investing landscape in a new book, Easy Prey Investors: Why Broken Safety Nets Threaten Your Wealth. In short, the book explains how companies can present misleading financial statements that are approved by auditors, and then used by equity analysts to talk up shares in those companies. Under International Financial Reporting Standards (IFRS), a set of accounting guidelines adopted in Canada and in other countries, figures are especially prone to manipulation. Regulators and lawmakers, meanwhile, have shirked off their duties to protect investors. Ultimately, the Rosens argue, investors have to watch their own backs. In this excerpt, they outline the most common traps investors fall into.
We are often asked to identify the most troublesome situations that we encounter in our forensic investigations…
Fairfax’s Watsa doubles down on Trump bet, cuts stock shorts
– theglobeandmail.com
Investor believes U.S. president will spur growth
