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“Why do I need a financial plan?” + MORE Oct 6th
I am in my early 50s, have a steady job, I’m not a big spender, and I make RRSP contributions. Why would I need a financial plan? I don’t see how it could help me.—Tom
What is financial planning?
To answer your question—and it’s a good one!—let’s think about why people get a fina.... More »
Ride-hailing services Uber and Lyft preparing to become public companies + MORE Dec 10th
The two largest ride-hailing companies appear set to go public, with both Uber and Lyft making confidential filings with the U.S. Securities Commission for an IPO..... More »
‘See people, not the virus’: HIV Edmonton aims to end stigma on World Aids Day - CTV News Dec 2nd
‘See people, not the virus’: HIV Edmonton aims to end stigma on World Aids Day CTV NewsMessage from the Minister of Health and the Minister of Indigenous Services on World AIDS Day and Indigenous AIDS Awareness Week canada.caHIV rates on the rise since start of COVID-19 pan.... More »
CPPIB using its shareholder votes to push for more women on corporate boards: CEO + MORE Nov 11th
TORONTO _ Canada’s largest retirement fund manager is pushing to have more women on corporate boards because diversity makes for better business decisions, CPPIB chief executive Mark Machin said Friday.
“This is a high priority for us,” Machin said in an interview after Canada Pens.... More »
What the right ETFs can do for you Nov 29th
Jonathan Chevreau will be presenting: The MoneySense ETF All-Stars and Their Role in Establishing Financial Independence and Generating Retirement Income on Thursday, December 2, 2021 at 12:25 p.m. to 12:55 p.m. EST. Now in its ninth year, the ETF All-Stars helps Canadian investors narrow down the f.... More »
Fortis to buy Teck stake in B.C.'s Waneta dam for $1.2-billion
– theglobeandmail.com
Vancouver-based Teck said last September it was considering selling some infrastructure assets
The war for control of the Home Capital Group story
– canadianbusiness.com
Gerald Soloway, then CEO of Home Capital Group, addressing investors at the company’s 2011 AGM. (Aaron Vincent Elkaim)Gerald Soloway must have been feeling jubilant on an earnings conference call in May 2016. It was, in fact, his last such call before retiring as CEO of Home Capital Group, the company he had co-founded 30 years ago. The alternative mortgage lender had long provided fat returns, but also found itself the target of short sellers betting the stock would crash alongside the Canadian housing market. “We don’t put a lot of time and energy into dealing with what often is false comments by the shorts,” Soloway said. But he couldn’t resist a final dig at those rooting for his firm to fail, relaying a “little ditty” about how short sellers were apparently dealt with in the 19th century: “He who sells what isn’t his’n, must buy it back or go to pris’n.”
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Second Cup Ltd. says its chief financial officer has decided to leave the company at the end of June, the second high-ranking executive departure announced by the coffee company this week.
