Spotify files for IPO of up to $1-billion + MORE Feb 28th

The company intends to apply to list its ordinary shares on the New York Stock Exchange under the ticker symbol ‘SPOT’

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Federal Budget 2018 FULL COVERAGE »

The Trudeau government’s 2018 budget was heavily promoted as the means to tackle Canada’s persistent gender wage gap. This is an important issue. Recall that last month Maclean’s charged men and women different prices at the newsstand to make a statement about the 26-per-cent gap between male and female earnings. Budget 2018 offers some concrete steps towards fixing this problem through research initiatives, pay equity legislation, programs to encourage greater participation by women in science and technology as well as in leadership roles in business…

The 1976 visit to Cuba strained relations with Washington when Pierre Trudeau declared ‘Viva Castro.’ Fidel Castro is at centre; Margaret Trudeau holds baby Michel (Photo by Boris Spremo/Toronto Star via Getty Images)
Mark Milke is a Calgary columnist and author of four books.
Back in the summer of 2006, Pierre Trudeau’s youngest son, Alexandre (Sacha) Trudeau wrote a fawning  happy 80th birthday column in the Toronto Star in praise of then Cuban dictator Fidel Castro.  The piece included tributes such as how the revolutionary leader was a “great adventurer…a great scientific mind,” someone whose “intellect is one of the most broad and complete that can be found. ”
Castro, Trudeau claimed, was “an expert on genetics, on automobile combustion engines, on stock markets, on everything.”  Alexandre pressed upon his readers to analyze Castro in “psychoanalytical terms”, to think of Cubans as children and Castro their father. Trudeau then fondly recalled his late brother, Michel, who when they were young kids complained to their mother that he had fewer friends than his brothers…

Spending plans for oil and gas capital projects this year are down 12 per cent to $33.2-billion from 2017

Allan Norman is a CIM and CFP with Atlantis Financial Inc. in Barrie, Ont.
The government wants to help small business owners invest in and grow their firms—but they don’t want to give them an advantage over others when it comes to personal saving and investing.
The small business tax rate will go from 10.5% to 10% for 2018 and to 9% in 2019.  This compares to the general corporate tax rate of 15%.
To curtail business owners’ ability to save large sums in their corporations and take advantage of the small business tax rate, the government has introduced new rules around passive income.
What do you need to know? The basic rule is that you are allowed to earn $50,000 per year of passive income and still qualify for the small business tax rate. If you earn more than this then you will gradually shift over to the general tax rate of 15%. Once you have passive income of $150,000 or more you will no longer qualify for the small business tax rate.
But what if you already have passive investments in your corporation?
There was concern that you would have to track pre-existing passive investments and future investments…