How to go about securing the best return for your investment in Canada.
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Global stock markets have lost $6 trillion in value in six days - CNBC + MORE Feb 28th
Global stock markets have lost $6 trillion in value in six days CNBCCoronavuirus fears devastate Dow Jones by 4.4 per cent Sky News AustraliaCoronavirus spread sparks “bloodbath” on Wall Street World Socialist Web SiteHere's how long stock market corrections last.... More »
Housing market has gone into 'hibernation' CREA says, with lower sales, listings and flat prices - CBC News Nov 15th
Housing market has gone into 'hibernation' CREA says, with lower sales, listings and flat prices CBC NewsAverage home price in Canada rises to $656625 as monthly sales slow: CREA - Business News Castanet.netCanadian home sales slow in October as many buyers have already 'gone i.... More »
Will Ottawa's new rules help Canada's oilpatch build another major pipeline? + MORE Feb 9th
There were high expectations headed into Thursday's long-awaited announcement on how the federal government would overhaul the approval process for major energy projects in Canada. Ottawa says the new regulatory regime would help entice new investment, but the industry has many quest.... More »
Warren Buffett says U.S. shouldn’t use ‘trade as a weapon’ as Berkshire Hathaway holds meeting - The Globe and Mail May 3rd
Warren Buffett says U.S. shouldn’t use ‘trade as a weapon’ as Berkshire Hathaway holds meeting The Globe and MailWarren Buffett says ‘trade should not be a weapon’ at annual Berkshire meeting CNNLive: Berkshire Hathaway Earnings and Annual Meeting Bloomberg.... More »
Stock market news live updates: Stock futures little changed after mixed batch of earnings - Yahoo Canada Finance May 19th
Stock market news live updates: Stock futures little changed after mixed batch of earnings Yahoo Canada FinancePowell's testimony: Committed to using our full range of tools to support economy in this challenging time FXStreetU.S. stocks rally on hopes for vaccine and economic .... More »
The close: Financials lead TSX higher, but energy shares temper gains
– theglobeandmail.com
U.S. stocks rise as investors brush aside concerns about North Korea, Hurricane Harvey
Kremlin confirms Trump’s lawyer reached out about deal
– canadianbusiness.com
The Kremlin on Wednesday confirmed that President Donald Trump’s personal lawyer reached out to them during the 2016 presidential campaign, seeking help for a business project in Russia.
In a statement to the House Intelligence Committee investigating Russian interference in the 2016 U.S. presidential election and possible collusion between the Trump campaign and Russia, Trump’s personal lawyer Michael Cohen said Monday the president’s company pursued a project in Moscow during the Republican primary. He said the plan was abandoned for various reasons.
President Vladimir Putin’s spokesman, Dmitry Peskov, told reporters in Moscow on Wednesday that they received Cohen’s email, which was sent to the press office’s general email address. Peskov said it was one of many emails the Kremlin press office gets _ since its email address is available online _ and that the Kremlin did not reply to it.
Cohen said he worked on the real estate proposal with Felix Sater, a Russia-born associate who he said claimed to have deep connections in Moscow…
In a statement to the House Intelligence Committee investigating Russian interference in the 2016 U.S. presidential election and possible collusion between the Trump campaign and Russia, Trump’s personal lawyer Michael Cohen said Monday the president’s company pursued a project in Moscow during the Republican primary. He said the plan was abandoned for various reasons.
President Vladimir Putin’s spokesman, Dmitry Peskov, told reporters in Moscow on Wednesday that they received Cohen’s email, which was sent to the press office’s general email address. Peskov said it was one of many emails the Kremlin press office gets _ since its email address is available online _ and that the Kremlin did not reply to it.
Cohen said he worked on the real estate proposal with Felix Sater, a Russia-born associate who he said claimed to have deep connections in Moscow…
Home Capital favours Buffett’s bid to increase company stake, despite ISS warning
– canadianbusiness.com
Home Capital Group (TSX:HCG) is standing behind Warren Buffett’s Berkshire Hathaway bid to increase its stake in the company after leading proxy advisory firm Institutional Shareholder Services advised investors to vote against the deal.
The Toronto-based alternative lender said Wednesday its prospects have improved since the American billionaire’s conglomerate announced in June that it would support Home Capital through an initial investment of $153 million for a 19.99 per cent stake in the company and by providing it with a $2 billion line of credit. That investment required only regulatory approval, which it received at the end of June.
Berkshire also agreed to invest a further $246.7 million, at $10.30 per share, which would increase its indirect stake in Home Capital to 38.4 per cent. This round requires shareholder approval in a vote on Sept. 12.
Despite ISS’s warning that the proposed second tranche will do little to enhance the already-improved stability of the company, Home Capital says the larger investment will lead to a stronger commitment from Berkshire to the long-term success of the lender…
The Toronto-based alternative lender said Wednesday its prospects have improved since the American billionaire’s conglomerate announced in June that it would support Home Capital through an initial investment of $153 million for a 19.99 per cent stake in the company and by providing it with a $2 billion line of credit. That investment required only regulatory approval, which it received at the end of June.
Berkshire also agreed to invest a further $246.7 million, at $10.30 per share, which would increase its indirect stake in Home Capital to 38.4 per cent. This round requires shareholder approval in a vote on Sept. 12.
Despite ISS’s warning that the proposed second tranche will do little to enhance the already-improved stability of the company, Home Capital says the larger investment will lead to a stronger commitment from Berkshire to the long-term success of the lender…
Adviser, advisor or financial planner? Does the name matter?
– theglobeandmail.com
Titles used by financial advisors can be confusing. Here’s what to look for and what might be changing
How Newfoundland’s Chase the Ace contest works
– moneysense.ca
ST. JOHN’S, N.L. — A small community outside St. John’s, N.L., was a traffic-clogged madhouse Wednesday, as tens of thousands of people sought sudden wealth in the finale of a much-watched, big-money Chase the Ace contest.
“There’s a lot of big orders coming — people are doubling up their money because it’s the last one,” said Carol O’Brien, a spokesperson for the draw in Goulds, N.L.
People began lining up before dawn at St. Kevin’s Parish hall, and the line was already a kilometre long by 7:30 a.m. local time Wednesday ahead of a draw later in the evening that could be worth $2.5 million or more.
“There’s a lot of big orders coming — people are doubling up their money because it’s the last one,” said Carol O’Brien, a spokesperson for the draw in Goulds, N.L.
People began lining up before dawn at St. Kevin’s Parish hall, and the line was already a kilometre long by 7:30 a.m. local time Wednesday ahead of a draw later in the evening that could be worth $2.5 million or more.
How to win the lottery »
The province has declared the ace of spades must be drawn Wednesday night, and there could be multiple draws until someone is declared the winner.
There are eight cards remaining in the deck.
Goulds has been inundated with Chase the Ace crowds most Wednesdays this summer, buying numbered tickets for about $5 each to vie for the life-changing jackpot…
