How to go about securing the best return for your investment in Canada.
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Consumer group that battles the big telcos blames CRTC for its 'dire' financial troubles Dec 17th
The Public Interest Advocacy Centre, the voice behind some of the country’s most important consumer protections, is at risk of having to close its doors for good. And it says the CRTC, the regulator it has so often prodded over the past 42 years, is to blame for its financial troub.... More »
What’s the RRSP deadline for 2022? Feb 10th
RRSP contribution deadline highlights
The RRSP contribution deadline for 2022 is March 1, 2023. Contributions made before the deadline must be reported on your 2022 tax return, but you can choose to carry the deductions forward into 2023 or beyond.
Every year, Canadians are asked to prepare.... More »
Microsoft paying $7.5B US for GitHub + MORE Jun 4th
Microsoft says it's paying $7.5 billion US in stock for the popular GitHub, a platform where software developers can go to host and review each other's code..... More »
Canada pledges financial, technical support to help fight Amazon wildfires in Brazil - The Globe and Mail Aug 26th
Canada pledges financial, technical support to help fight Amazon wildfires in Brazil The Globe and MailMacron calls Brazilian president 'extremely disrespectful' for mocking his wife CBC NewsBrazil wary of foreign help with Amazon fires over fear region is 'ripe for invasion': .... More »
7 ways to protect yourself from ID theft + MORE Jan 7th
Avoiding identity theft is becoming ever more challenging in Canada. The Canadian Anti-Fraud Centre (CAFC) received more than 11,000 identity theft and fraud reports in 2023, and both government and financial institutions report an increase in cases.
According to the CAFC, these are some of the m.... More »
Shopify stock falls for a second day after business model challenged by Citron
– canadianbusiness.com
TORONTO _ Shopify Inc. (TSX:SHOP) stock has plunged for a second day, following a prominent short-seller’s claim that it’s running an overvalued get-rich-quick scheme.
The Canadian technology company issued a defence of its business early Thursday but didn’t specifically refer to allegations published by Andrew Left of Citron Research.
After Left’s comments, Shopify stock plunged by 11.5 per cent on Wednesday and it was down another seven per cent Thursday morning at the Toronto Stock Exchange.
On the New York Stock Exchange, Shopify was at US$97.91 at 10:30 a.m., down from Tuesday’s close at US$120 but still above Left’s estimate of its value at US$60.
Among other things, Left questioned how many of the merchants that use Shopify would meet the guidelines set by the U.S. Federal Trade Commission. His accusations have not been substantiated by the FTC, which has said it can not comment on the matter.
Shopify posted a prominent statement on its website Thursday morning, saying that it stands behind its mission and the success of the merchants that use its system…
The Canadian technology company issued a defence of its business early Thursday but didn’t specifically refer to allegations published by Andrew Left of Citron Research.
After Left’s comments, Shopify stock plunged by 11.5 per cent on Wednesday and it was down another seven per cent Thursday morning at the Toronto Stock Exchange.
On the New York Stock Exchange, Shopify was at US$97.91 at 10:30 a.m., down from Tuesday’s close at US$120 but still above Left’s estimate of its value at US$60.
Among other things, Left questioned how many of the merchants that use Shopify would meet the guidelines set by the U.S. Federal Trade Commission. His accusations have not been substantiated by the FTC, which has said it can not comment on the matter.
Shopify posted a prominent statement on its website Thursday morning, saying that it stands behind its mission and the success of the merchants that use its system…
Twelve TSX stocks that could help defend against a possible correction
– theglobeandmail.com
We look for sustainable dividends from companies ready to defy any cool-down in the Toronto stock market
Monthly fee for identity theft protection? Not worth it
– moneysense.ca
Canadians rattled by the massive Equifax data breach may turn to credit monitoring and anti-identify theft services for peace of mind, but in most cases they’ll be paying more for what is presently available for little or no cost, according to experts.
Consumers can already contact the two main credit bureaus, Equifax and TransUnion, by mail, fax or telephone to receive a physical copy of their credit report, or access it online, usually for a fee. The Financial Consumer Agency of Canada recommends requesting from one bureau, then waiting six months before ordering from the other.
READ: Equifax revises number of Canadians affected by hack
It also warns that fraudsters may offer free credit scores in an attempt to share your personal information —adding to the complexity of the existing web of credit monitoring services.
However, amid an increasing number of high-profile cyberattacks in recent years, Equifax, TransUnion and some Canadian banks and fintechs have introduced identity theft protection and credit monitoring services…
Consumers can already contact the two main credit bureaus, Equifax and TransUnion, by mail, fax or telephone to receive a physical copy of their credit report, or access it online, usually for a fee. The Financial Consumer Agency of Canada recommends requesting from one bureau, then waiting six months before ordering from the other.
READ: Equifax revises number of Canadians affected by hack
It also warns that fraudsters may offer free credit scores in an attempt to share your personal information —adding to the complexity of the existing web of credit monitoring services.
However, amid an increasing number of high-profile cyberattacks in recent years, Equifax, TransUnion and some Canadian banks and fintechs have introduced identity theft protection and credit monitoring services…
Las Vegas Shooting: NRA Supports New Rules on 'Bump Stock' Devices – New York Times
– news.google.ca
New York TimesLas Vegas Shooting: NRA Supports New Rules on 'Bump Stock' DevicesNew York TimesA window Stephen Paddock broke at the Mandalay Bay Resort & Casino in Las Vegas to fire on the crowd at a concert. Credit David Becker/Getty Images. LAS VEGAS — The National Rifle Association on Thursday endorsed tighter restrictions on devices that …What exactly are bump stocks, and why do they matter now?Washington PostThe true secret of the NRA's successNew York PostToday in Conservative Media: Liberals Need to Stop Lying About GunsSlate Magazine (blog)FactCheck.orgall 665 news articles »
Podcast 11: Fighting Evil With Index Funds
– CanadianCouchPotato.com
The waiting is over: we’re back with another episode of the Canadian Couch Potato podcast:
Our featured interview this time around is with Mike Foy, senior director of the Wealth Management Practice at J.D. Power, the well-known research firm. Mike was the lead author on the Canadian Self-Directed Investor Satisfaction Study, released in September. The survey included some 2,500 clients of the major online brokerages in Canada.
The full J.D. Power survey is not available to the public. But if you’re interested in comparing online brokerages in Canada, MoneySense has been doing an annual survey since 2013, and I was closely involved in establishing the criteria and writing the articles during the first couple of years. The 2017 edition includes a handy comparison tool that lets you scan for the features that are most important to you.
If you want to dig more deeply, you can visit the website for Surviscor, the research firm that provides the raw data for the MoneySense rankings.
Rob Carrick and the Globe and Mail also do an annual review of online brokerages and robo-advisors…
