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Am I required to divide my pension with my ex? May 25th
Am I required to divide my pension with my ex? If I do divide it, how will it affect my pension when I retire?
FPAC responds:
Under the Canadian rules that govern the division of property between married couples who separate, you are required to equally split all assets grown and contributed t.... More »
The Dow Jones Industrial Average is ridiculous — and its 20,000-point milestone doesn't matter + MORE Jan 17th
The Dow Jones Industrial Average is a terrible way of measuring the economy and the stock market, experts agree, which is why its imminent 20,000-point milestone is meaningless..... More »
Wealthsimple review 2020 Sep 17th
Maybe you’re here for our Wealthsimple review because its slick ads featuring frank talk on finances from Hollywood actors, such as Mark Duplass and Aubrey Plaza, made you curious. Or maybe its highly relatable celebrity social media posts, like Queer Eye’s Jonathan Van Ness declaring his First .... More »
Should investors worry about suspended guidance? + MORE Apr 26th
If you’ve been paying attention to the companies in your portfolio over the last few weeks, you’ll have noticed that many of them have said something about “suspending guidance.” Rogers Communications is one of the more recent businesses to do just that, announcing on its April 22 first quar.... More »
30 days - 1.50% + MORE Dec 3rd
This GIC rate is offered by Oaken Financial and was updated on 2013-02-04. Click on the link above to get more details or apply online..... More »
4.5 year – 2.45%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
Analysis: Let's talk about fees
– canoe.ca
Lately, buzz in the investment world has revolved around trailer fees paid to advisers.
Yahoo CEO Marissa Mayer feeling good about 2nd-quarter showing despite nagging ad headaches
– canadianbusiness.com
SAN FRANCISCO – Yahoo remained stuck in a revenue rut during the second quarter, muting the celebration of CEO Marissa Mayer’s first year running the Internet company.
The numbers released Tuesday showed Yahoo Inc.’s earnings are still rising, but they also highlighted the challenges facing the company as it loses ground to rivals Google Inc. and Facebook Inc. in the online advertising market that generates most of their revenue.
Yahoo sold slightly fewer display ads than it did at the same time last year, and the prices that marketers were willing to pay for the space fell by 12 per cent, too. The Sunnyvale, Calif., company made some small strides in the Internet ad market dominated by Google, but it still wasn’t enough to prevent Yahoo’s revenue from slipping in a quarter when the digital ad market in the U.S. increase by 15 per cent, based on estimates by the research firm eMarketer.
Google’s second-quarter earnings, due out Thursday, are expected to show even more robust growth…
The numbers released Tuesday showed Yahoo Inc.’s earnings are still rising, but they also highlighted the challenges facing the company as it loses ground to rivals Google Inc. and Facebook Inc. in the online advertising market that generates most of their revenue.
Yahoo sold slightly fewer display ads than it did at the same time last year, and the prices that marketers were willing to pay for the space fell by 12 per cent, too. The Sunnyvale, Calif., company made some small strides in the Internet ad market dominated by Google, but it still wasn’t enough to prevent Yahoo’s revenue from slipping in a quarter when the digital ad market in the U.S. increase by 15 per cent, based on estimates by the research firm eMarketer.
Google’s second-quarter earnings, due out Thursday, are expected to show even more robust growth…
Cash Store faces class-action lawsuit in Quebec over financial statements
– canadianbusiness.com
EDMONTON – The Cash Store Financial Services Inc. (TSX:CSF) said Tuesday a class-action lawsuit has been filed against the company and some of its current and former officers in Quebec.
The legal proceeding follows similar lawsuits recently filed in the U.S., Alberta and Ontario and a previously disclosed complaint filed by Globis Capital Partners L.P.
The company said it will “defend itself vigorously” against the “unfounded allegations.”
It said the plaintiffs allege it “made misrepresentations” in its company’s quarterly and annual financial statements from Nov. 24, 2010 to May 24, 2014.
Cash Store operates 513 branches across Canada under the Cash Store Financial and Instaloans banners, as well as 27 locations in the United Kingdom.
The company provides short-term advances and other financial services to people who not be able to obtain them from traditional lenders.
The post Cash Store faces class-action lawsuit in Quebec over financial statements appeared first on Canadian Business.
The legal proceeding follows similar lawsuits recently filed in the U.S., Alberta and Ontario and a previously disclosed complaint filed by Globis Capital Partners L.P.
The company said it will “defend itself vigorously” against the “unfounded allegations.”
It said the plaintiffs allege it “made misrepresentations” in its company’s quarterly and annual financial statements from Nov. 24, 2010 to May 24, 2014.
Cash Store operates 513 branches across Canada under the Cash Store Financial and Instaloans banners, as well as 27 locations in the United Kingdom.
The company provides short-term advances and other financial services to people who not be able to obtain them from traditional lenders.
The post Cash Store faces class-action lawsuit in Quebec over financial statements appeared first on Canadian Business.
In stinging rebuke, NY judge criticizes colleagues for jeopardizing free TV with Aereo ruling
– canadianbusiness.com
NEW YORK, N.Y. – A federal appeals judge warned Tuesday that the revenue streams that finance free television were being undermined by court rulings permitting a startup company to offer live television broadcasts over the Internet without paying fees to broadcasters.
U.S. Circuit Judge Denny Chin included the warning in a blistering dissent after the full 2nd U.S. Circuit Court of Appeals in Manhattan refused to make the Aereo Inc. case one of the rare instances when it assembles all of its judges to decide an issue.
A three-judge panel which included Chin ruled 2-to-1 in April that the billionaire Barry Diller-backed Aereo did not violate the copyrights of broadcasters with its service, which lets customers watch live programs on small portable devices for as little as $8 per month.
Chin dissented from that decision as well, though he went farther Tuesday, describing how the April 1 decision had damaged the financial landscape of free television. He said it “eviscerates the Copyright Act” and “upends settled industry expectations and established law…
U.S. Circuit Judge Denny Chin included the warning in a blistering dissent after the full 2nd U.S. Circuit Court of Appeals in Manhattan refused to make the Aereo Inc. case one of the rare instances when it assembles all of its judges to decide an issue.
A three-judge panel which included Chin ruled 2-to-1 in April that the billionaire Barry Diller-backed Aereo did not violate the copyrights of broadcasters with its service, which lets customers watch live programs on small portable devices for as little as $8 per month.
Chin dissented from that decision as well, though he went farther Tuesday, describing how the April 1 decision had damaged the financial landscape of free television. He said it “eviscerates the Copyright Act” and “upends settled industry expectations and established law…
