All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
Ontario takes control of real estate regulator - CBC Nov 28th
Ontario takes control of real estate regulator CBC‘Decisive action is required:’ Ontario moves to take over real estate regulator CP24Ford government to take control of Ontario’s real estate regulator Monday, assumes all powers of board Toronto StarOntario appo.... More »
Are stock markets loaded for bear? + MORE Feb 8th
As 2018 progresses, business leaders and market participants should – and undoubtedly will – bear in mind that we are moving ever closer to the date when payment for today’s recovery will fall due
.... More »
Saskatchewan court rules in Manulife's favour in Mosten case - BNNBloomberg.ca + MORE Mar 18th
Saskatchewan court rules in Manulife's favour in Mosten case BNNBloomberg.caTORONTO - Manulife Financial Corp. (MFC.TO) says a Saskatchewan court has ruled in its favour in its legal fight with hedge fund Mosten Investment LP over ...View full coverage on Google News.... More »
Why are we so afraid of financial mistakes? + MORE Jul 17th
Growing up, I heard one saying repeatedly: the early bird gets the worm. Like so many childhood proverbs, I accepted it without much thought—one of those quiet truths adults repeat often enough that children stop questioning them.
For most of my life I assumed it was a lesson about hard w.... More »
AI chip firm Nvidia valued at $2tn - BBC.com Feb 23rd
AI chip firm Nvidia valued at $2tn BBC.comStock Market Today: Dow, S&P Live Updates for February 23 BloombergWhy Nvidia $2 trillion bubble is likely to burst AxiosWhat did Goldman Sachs say about chip maker Nvidia's stock? Take our business and investing news qui.... More »
Tax fairness, in name only
– moneysense.ca
THE CANADIAN PRESS/Darryl DyckIs Canada’s tax system fair? That question has been the subject of a fiery debate across Canada ever since federal Finance Minister Bill Morneau proposed changes to small business tax rules.
The undertone of this proposal is that high-income Canadians are taking advantage of the tax system, to the detriment of the middle class. To address this, the federal government is looking to reform the Income Tax Act (ITA) by targeting incorporated professionals. A consultation paper released earlier this year talks about eliminating tax loopholes for sprinkling income using private corporations, holding a passive investment portfolio inside a private corporation and converting a private corporation’s regular income into capital gains.
If you’re a high-income Canadian, it’s a big deal. These changes would cost incorporated professionals anywhere from tens of thousands to possibly more than a hundred thousand dollars a year in taxes.
But to return to my original question: is this fair? It really comes down to your perspective…
Invest in Trump? There’s an ETF for that
– moneysense.ca
A Texas financial firm is betting GOP supporters will put their money where their politics are (Jim Young/Reuters)It’s a truism to say that we are in hyper-partisan times, the United States in particular. From our bumper stickers to our news sources, we can choose to live in a way that reflects our political beliefs. Investment products, apparently, are no exception.
As of last week, supporters of U.S. President Donald Trump have their very own exchange-traded fund. Point Bridge Capital, a financial firm in Fort Worth, Texas combed through election filings to identify 150 corporations whose employees, management and political action committees have donated the most money to Republican candidates for office and any party-affiliated federal committees or groups. Point Bridge then launched the GOP Stock Tracker ETF to invest in those companies. “Obviously, the ticker is MAGA,” says Hal Lambert, the company’s founder (that would be, “Make America Great Again”)…
