How to go about securing the best return for your investment in Canada.
Latest News
HBC going private? - Business News - Castanet.net Jun 10th
HBC going private? - Business News Castanet.netShareholders in HBC propose to take the company private CBC NewsHBC stock has best day in years, up on news of asset sale, privatization plan Yahoo Canada FinanceHudson’s Bay executive chair spearheading bid to take re.... More »
Stock news for investors: Groupe Dynamite Q2 profit jumps to $63.9M on strong sales growth + MORE Sep 11th
Here’s a round-up of news for Canadian investors this week.
Groupe Dynamite
Roots
Transat A.T. Inc.
Empire Co. Ltd.
Featured RRSP Accounts
featured
EQ Bank
Build your retire.... More »
CFO of Chinese tech giant Huawei arrested in Vancouver, sought by U.S. for extradition + MORE Dec 6th
Canadian officials have arrested Wanzhou Meng, the chief financial officer and deputy chairwoman of the board for the Chinese tech giant Huawei, CBC News has confirmed..... More »
CIBC report says strength in job market even better than headlines suggest + MORE Jan 11th
TORONTO _ A report by CIBC says the recent strength in Canada’s labour market runs deeper than just the 420,000 jobs added last year.
CIBC deputy chief economist Benjamin Tal says the economy also saw average wage earnings grow and the creation of more higher-paying jobs last year than low-pay.... More »
Some of my favourite Canadian dividend paying stocks + MORE Mar 6th
Save, invest, prosper with My Own Advisor.
Some of my favourite Canadian dividend paying stocks There are quite a few dividend payers in Canada but I believe you shouldn’t strive to own them all. Why on earth would I say that? While dividend payments are great dividend payments AND dividend increa.... More »
Empire to expand FreshCo grocery chain in Western Canada amid restructuring woes
– canadianbusiness.com
Shares of Empire Co. Ltd. were down more than five per cent on Wednesday amid news it’s planning to convert up to a quarter of stores in Western Canada to its discount FreshCo banner as it struggles with industry challenges and increased labour costs.
The company made the announcement after it posted a loss in its latest quarter as it was hit by restructuring costs, and said it would incur increased labour costs starting at the end of the third quarter of fiscal 2018 as a result of minimum wage increases in some parts of the country.
CEO Michael Medline said the company’s decision to convert some of its 255 Sobeys and Safeway stores provides an “attractive strategic and financial opportunity for us” to grow market share in the Western provinces in a profitable way.
“Our comprehensive research and analysis shows that the West is fertile ground for ‘small box’ discount.”
Empire said it lost $23.6 million or nine cents per share for the 13 weeks ended Nov…
The company made the announcement after it posted a loss in its latest quarter as it was hit by restructuring costs, and said it would incur increased labour costs starting at the end of the third quarter of fiscal 2018 as a result of minimum wage increases in some parts of the country.
CEO Michael Medline said the company’s decision to convert some of its 255 Sobeys and Safeway stores provides an “attractive strategic and financial opportunity for us” to grow market share in the Western provinces in a profitable way.
“Our comprehensive research and analysis shows that the West is fertile ground for ‘small box’ discount.”
Empire said it lost $23.6 million or nine cents per share for the 13 weeks ended Nov…
Bitcoin and blockchain start ups cashing in on cryptocurrency frenzy
– canadianbusiness.com
CALGARY _ The investor frenzy driving Bitcoin prices to precipitous heights _ trading at over US$16,000 a piece Wednesday _ is playing out on stock markets as well, as companies shift focus to cryptocurrencies to get in on the latest boom.
“People are trying to surf off the wave of bitcoin by strategically changing their name,” said Jean-Philippe Vergne, co-director of the Scotiabank Digital Banking Lab at Western University. “There’s always been a strategic use of these market hype cycles.”
Hive Blockchain Technologies Ltd. (TSXV:HIVE) has been making the most of the heightened interest, announcing plans Wednesday to raise as much as $100 million to buy more digital currency mining hardware.
The financing comes after the company had already raised more than $80 million since announcing in June it was changing its name from Leeta Gold Corp. and its focus to cryptocurrencies, prompting its share price to climb from about 29 cents before its restructuring to about $3…
“People are trying to surf off the wave of bitcoin by strategically changing their name,” said Jean-Philippe Vergne, co-director of the Scotiabank Digital Banking Lab at Western University. “There’s always been a strategic use of these market hype cycles.”
Hive Blockchain Technologies Ltd. (TSXV:HIVE) has been making the most of the heightened interest, announcing plans Wednesday to raise as much as $100 million to buy more digital currency mining hardware.
The financing comes after the company had already raised more than $80 million since announcing in June it was changing its name from Leeta Gold Corp. and its focus to cryptocurrencies, prompting its share price to climb from about 29 cents before its restructuring to about $3…
Editor’s Picks: Our favourite stories from 2017
– macleans.ca
From risking life and limb to trek to Canada, to the peak of real estate madness and the death of a Canadian musical hero, here’s a look back at the year that was. Click your way through our favourite reads of 2017.
The new underground railroad
Razak Iyal in his room at Health Sciences Centre in Winnipeg, January 25, 2017. (Photograph by Sam Tarling)
More and more refugees are making a dangerous trek north to Canada to escape a harsh new U.S. regime—risking life and limb
The American Dream has moved to Canada
By every measure, Canada is the true place to find ‘life, liberty and the pursuit of happiness.’ Let’s stop squandering our good fortune. By Scott Gilmore
The return of the czar
Russian President Vladimir Putin enters the St. George Hall at the Grand Kremlin Palace at the Kremlin in Moscow, on December 12, 2013, to deliver an annual state of the nation address. (Mikhail Klimentyev/AFP/Getty Images)
One hundred years after the Russian Revolution, an emboldened Putin regime is embracing its czarist past…
The surprising way one of the greatest TSX success stories is paying for its share buybacks
– theglobeandmail.com
Shareholders may be hard-pressed to connect the dots that plan is fuelled by adding debt
Feds provide more details on revisions to controversial tax proposals
– canadianbusiness.com
OTTAWA _ The federal government released more details Wednesday on changes to its controversial tax proposals in hopes of further addressing deep concerns over reforms that have angered the small-business community.
The Liberals are tweaking a proposal that, as of Jan. 1, would tighten existing rules enabling small-business owners to lower their tax burden by distributing earnings among family members who do not make significant contributions to their companies _ a practice known as income sprinkling.
The changes are among several adjustments the government made to its overall tax-reform package following an onslaught of complaints from doctors, lawyers, accountants, tax experts, farmers, premiers and even some Liberal backbenchers.
Critics have denounced the proposals, contending they would hurt the very middle class the Trudeau government claimed to be trying to help.
Earlier Wednesday, the Senate finance committee urged the government to abandon its controversial tax proposals _ or at the very least delay their implementation for one year, until 2019…
The Liberals are tweaking a proposal that, as of Jan. 1, would tighten existing rules enabling small-business owners to lower their tax burden by distributing earnings among family members who do not make significant contributions to their companies _ a practice known as income sprinkling.
The changes are among several adjustments the government made to its overall tax-reform package following an onslaught of complaints from doctors, lawyers, accountants, tax experts, farmers, premiers and even some Liberal backbenchers.
Critics have denounced the proposals, contending they would hurt the very middle class the Trudeau government claimed to be trying to help.
Earlier Wednesday, the Senate finance committee urged the government to abandon its controversial tax proposals _ or at the very least delay their implementation for one year, until 2019…
