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Retirement planning at every life stage Jan 9th
Preparing for retirement can be intimidating. You’re facing great uncertainties about how your financial future will unfold, with a lot at stake. Fortunately, a comfortable and sustainable retirement should be within your reach if you prepare for it properly.
You’ll find that a little plannin.... More »
Shares in two major cannabis companies halted on TSX + MORE May 3rd
Shares in two of Canada's three largest cannabis companies were halted on the Toronto Stock Exchange on Thursday..... More »
Ms. Money and Math adds up the good advice and subtracts the bad + MORE Apr 1st
Math is taught in school, but finances? Not so much. Michelle Robertson is good at math, especially accounting. She became a Canadian Chartered Professional Accountant and has worked for PwC, the Globe and Mail and the PanAm Games. But she admits she “lived beyond” her means, “paycheque to pay.... More »
RRIF and LIF withdrawal rates: Everything you need to know Mar 6th
At some point, a registered retirement savings plan (RRSP) is typically converted to a registered retirement income fund (RRIF). The latest you can defer the conversion of your account is the end of the year you turn 71. This means that by December 31 of your 71st year, you need to either withdraw t.... More »
Who’s buying crypto in Canada, and why? + MORE Nov 19th
Despite crypto’s extreme volatility, nearly one in three Canadians (31%) said they planned to buy crypto assets in the next 12 months, according to a recent survey. And 11% said they definitely will.
The survey by the Ontario Securities Commission found that 13% of Canadians currently.... More »
HBC investors want debt reduction, payouts from real estate proceeds
– theglobeandmail.com
Activist hedge fund wants Hudson’s Bay to sell or convert stores to alternate uses and transform itself into a real estate play
A Hedge Fund That Has a University
– online.wsj.com
Taxing endowments’ investment income would help higher ed.Canopy Growth reports Q2 loss, more than doubles revenue compared with year ago
– canadianbusiness.com
TORONTO _ Canada’s largest licensed marijuana producer reported a $1.3-million loss in its latest quarter despite doubling its revenue compared with a year ago, sending its shares lower in Tuesday trading.
However, Canopy Growth Corp.’s (TSX:WEED) chief executive Bruce Linton told analysts on its earnings call that the company is “driving ahead,” pointing to 27 provisional patents filed through its subsidiary Canopy Health Innovations and several international deals, such as strategic partnerships in Denmark and Jamaica.
“The international opportunities are now increasingly happening,” Linton said.
Canopy shares slipped two per cent in Toronto in afternoon trading to $20.02, as its latest results fell short of analyst expectations.
The Smiths Falls, Ont.-based company said Tuesday it lost $1.3 million attributable to shareholders, or a penny per share for the quarter, compared with a profit of $5.4 million, or five cents per share in the same quarter last year…
However, Canopy Growth Corp.’s (TSX:WEED) chief executive Bruce Linton told analysts on its earnings call that the company is “driving ahead,” pointing to 27 provisional patents filed through its subsidiary Canopy Health Innovations and several international deals, such as strategic partnerships in Denmark and Jamaica.
“The international opportunities are now increasingly happening,” Linton said.
Canopy shares slipped two per cent in Toronto in afternoon trading to $20.02, as its latest results fell short of analyst expectations.
The Smiths Falls, Ont.-based company said Tuesday it lost $1.3 million attributable to shareholders, or a penny per share for the quarter, compared with a profit of $5.4 million, or five cents per share in the same quarter last year…
Adding Roku (ROKU) To The Stocks I Follow
– IntelligentSpeculator.net
Good morning, today I will be adding one more stock the list of stocks that I follow. As a reference, this is the list of stocks that I follow news about, read earnings call transcripts of and eventually start trading for my long & short stock picks. In this case, I don’t expect to trade ROKU for a little bit as the company just went public and while it has had a promising start, I (almost!) always prefer watching from the sidelines initially as I get a better feel for the company.Roku is a company that provides a tv stick/digital top boxes that basically provides content to users tv. It competes with the likes of Apple TV (AAPL), Fire TV (Amazon), Chromecast (GOOG) and provides a platform for content companies such as Netflix, Google’s Youtube and so much more. As you can imagine it is an incredibly competitive space but one that ROKU has been able to do very well in. The company has not been profitable on a EPS basis in the past few quarters which is not always a problem but I’ll be curious to see how they can turn things around in this case…
The best five financial authors to read, the new hot pot stock, and two worrisome indicators for markets
– theglobeandmail.com
A roundup of investment ideas for active investors
