How to go about securing the best return for your investment in Canada.
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Beware of scary Brexit headlines pushing you to buy gold + MORE Jul 11th
If you thought the Brexit vote was scary, check out the full page newspaper ad that recently appeared in The New York Times recounting all the horrors in the present tense, as if they were still unfolding: The vote “topples” the British government, “crushes” the pound and “wipes away” b.... More »
TSX hits another high as pot stocks fall after U.S. Attorney General report + MORE Jan 4th
TORONTO _ It was another record close for Canada’s main stock index despite a sharp drop in the health-care sector which includes some of the country’s biggest marijuana companies.
The S&P/TSX composite index was up 41.39 of a point to 16,412.94, gaining ground throughout the day aft.... More »
The 20 best credit cards in Canada for June 2023 + MORE Jun 22nd
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The 20 best credit cards in Canada for 2023
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Breaking: 1st Made in China Tesla Model 3 Delivered to Customer (Updated with Video) - CleanTechnica Dec 30th
Breaking: 1st Made in China Tesla Model 3 Delivered to Customer (Updated with Video) CleanTechnicaTesla Just Delivered Its First China-Built Cars in Shanghai Yahoo Canada FinanceTesla delivers its first 'Made in China' cars BBC NewsElon Musk tells Tesla employees to .... More »
Dating dilemma: When to talk about finances + MORE Mar 15th
When it comes to popular first-date conversation topics, credit scores and debt levels aren’t at the top of the list. Even committed couples may find it hard to broach financial topics like retirement planning or estate planning. But as the cost of living goes up and people try to plan for the fut.... More »
Holding assets outside Canada? Estate planning can get tricky
– theglobeandmail.com
Beware double-taxation after death: paying income taxes in Canada and estate taxes to another country on the same assets
5.5 year – 2.70%
– 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.
The Bank of Canada had to acknowledge Wednesday what data already indicated–that its forecast for a recovery in exports and business investment has yet to materialize.
TORONTO – The Ontario Securities Commission says the common-law spouse of an investment firm…
Spouse of investment firm boss reaches $575,000 settlement with OSC
– canadianbusiness.com
TORONTO – The Ontario Securities Commission says the common-law spouse of an investment firm manager convicted of fraud will be barred from trading securities for seven years and will pay $575,000 in restitution, fees and costs following a tentative settlement.
Julie Winget, the common-law spouse of Arvind Sanmugam and lead director of investment firm Bunting & Waddington, is also barred from being a director of any investment fund manager for seven years.
The firm is permanently prohibited from trading or acquiring any securities, according to terms of the settlement announced Wednesday, which is still subject to a public hearing.
The OSC said the firm and Winget contravened Ontario securities law by trading without being registered.
Sanmugam was sentenced to five years in prison last November and ordered to pay $1 million in restitution after pleading guilty to three counts of fraud. He was described by the settlement as the “directing mind” and de facto director of the Toronto-area firm…
Julie Winget, the common-law spouse of Arvind Sanmugam and lead director of investment firm Bunting & Waddington, is also barred from being a director of any investment fund manager for seven years.
The firm is permanently prohibited from trading or acquiring any securities, according to terms of the settlement announced Wednesday, which is still subject to a public hearing.
The OSC said the firm and Winget contravened Ontario securities law by trading without being registered.
Sanmugam was sentenced to five years in prison last November and ordered to pay $1 million in restitution after pleading guilty to three counts of fraud. He was described by the settlement as the “directing mind” and de facto director of the Toronto-area firm…
