How to go about securing the best return for your investment in Canada.
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6 Ways Businesses Can Use Money Wisely + MORE Nov 19th
Of the many moving parts that go into running a business, the financial structure is arguably the most important one to manage. This stems from the fact that this structure is what dictates in what direction business can go. Also, it dictates how quickly they can go in that direction. For example, i.... More »
Stock markets brace for collateral damage as first shots fired in Trump's trade war + MORE Mar 23rd
Fears of a trade war are roiling financial markets Friday, with stocks under pressure around the world and the dollar in retreat..... More »
Xbox Boss "Looking Forward" To Working With Bungie on 'Destiny' Following Activision Break Up - Comicbook.com Jan 12th
Xbox Boss "Looking Forward" To Working With Bungie on 'Destiny' Following Activision Break Up Comicbook.comAfter Bungie and 'Destiny,' Please Free Blizzard From Activision GeekFive Big Questions For Bungie After The Activision 'Destiny' Split ForbesBungie-Activision .... More »
Getting the Most Out of Your Biweekly Paycheck Aug 9th
No matter what kind of work we do, we all look forward to the next paycheck. For many of us, the anticipation unfortunately stems from the fact that we get paid bi-weekly, or twice a month, even though our bills come monthly.
Over 36 percent of U.S. private businesses pay their employees every two w.... More »
Making sense of the markets this week: July 30, 2023 + MORE Jul 28th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
U.S. tech stocks continue to devour the old world
Tech and telecom earnings highlights this week
The U.S. tech earnings machine kee.... More »
Three Trump-resistant investment ideas to consider
– theglobeandmail.com
With reasonable valuations and attractive yields, these stocks should do well regardless of what the President tweets
CBC.caRussia warns Canada over 'blatantly unfriendly' Magnitsky ActCBC.caThe Kremlin fired a diplomatic shot across Ottawa's bow Thursday, warning that the adoption of a Canadian version of a U.S. law that imposes financial sanctions and travel bans on high-ranking Russian officials will cause serious damage in relations …Liberals to support Magnitsky-style bill targeting Russia for human rights abuseThe Globe and MailCanada backs recommendation for Magnitsky Act targeting human rights violatorsToronto StarNine stories in the news today, May 18Cape Breton Postall 32 news articles »
Montreal’s financial sector tested by the black-hole pull of Toronto
– theglobeandmail.com
Ottawa’s decision to put Canada Infrastructure Bank on Bay Street only adds to the rising sense of concern
The Lessons of Amazon
– online.wsj.com
A case of disruption creating wealth, but government aided its e-book dominance.Vancouver developer fined, banned from trading after investor loses $1M
– canadianbusiness.com
The B.C. Securities Commission has ordered a real estate developer to pay a fine of $125,000 after a hearing concluded he defrauded a client for part of a $1-million investment in a project that failed.
The commission says that after Vancouver resident Brendan Schouw deposited the investor’s money into Hornby Residences Ltd., his company account, he put some of the funds into his own account.
A news release from the commission says Schouw spent about $75,000 of the redirected money on his personal mortgage payments and on his separate property management business.
Schouw and Hornby Residences are listed as respondents in the case.
The panel says Schouw knew his actions would put the investor’s money at risk and disagrees with a submission from the respondents that characterized the misconduct as “technical in nature” or a fault that can be attributed to poor record keeping.
Besides the fine, Schouw and his company have been permanently banned from trading in and buying any securities and ordered to pay the commission nearly $75,000 for repayment to the investor…
The commission says that after Vancouver resident Brendan Schouw deposited the investor’s money into Hornby Residences Ltd., his company account, he put some of the funds into his own account.
A news release from the commission says Schouw spent about $75,000 of the redirected money on his personal mortgage payments and on his separate property management business.
Schouw and Hornby Residences are listed as respondents in the case.
The panel says Schouw knew his actions would put the investor’s money at risk and disagrees with a submission from the respondents that characterized the misconduct as “technical in nature” or a fault that can be attributed to poor record keeping.
Besides the fine, Schouw and his company have been permanently banned from trading in and buying any securities and ordered to pay the commission nearly $75,000 for repayment to the investor…
