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Paying capital gains tax on a loss + MORE Apr 24th
Q: My question today relates to the new changes to capital gains on real estate. My wife and I owned a condo for a number of years. We paid $80,000 in 2006 and sold for $140,000 in March 2016. The problem is we rented the unit out after we bought our house in 2011. Looking at the new formula for .... More »
Bitcoin ATMs arrive in shopping centres across Toronto + MORE Aug 14th
TORONTO – A Calgary company is looking to boost the profile of the world’s newest, and most controversial, currency with the launch of six more teller machines in Toronto that deal in the virtual currency Bitcoin.
“With Toronto being the main commercial centre, I think it’s a natural fit,”.... More »
So, you want to be rich? Here’s how to get started Jan 6th
These are the four most common wealth-building strategies for people who don’t have gobs of money to begin with.... More »
90 days - 1.75% + MORE Jan 22nd
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online..... More »
Landmark trial opens for Spain’s Princess Cristina + MORE Jan 11th
PALMA DE MALLORCA, Spain — A landmark fraud trial opened Monday for Spain’s Princess Cristina, accused of helping bankroll a lavish lifestyle with funds her husband received from an alleged scheme to embezzle about 6 million euros ($6.5 million) in public contracts for conferences and sport.... More »
Nektar, Lumber Liquidators, Nike and Finish Line are big market movers
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Nike Inc., up $3.30 to $73.64
The athletic gear company’s stock hit an all-time high after its first-quarter results blew past Wall Street estimates.
Lumber Liquidators Holdings Inc., down $5.83 to $107.13
Federal authorities raided the headquarters of the flooring retailer, which cited official questions about the “importation of certain products.”
J.C. Penney Co. Inc., down $1.37 to $9.05
The retailer expects to raise almost $811 million through a new share offering and said it would have $1.3 billion in liquidity by year’s end.
AZZ Inc., down 88 cents to $42.23
The electrical products and services specialist’s quarterly results fell short of expectations and its outlook left investors wanting.
Nasdaq
Nektar Therapeutics, down $3.31 to $10.54
A pain drug from the pharmaceutical company failed in a clinical trail…
NYSE
Nike Inc., up $3.30 to $73.64
The athletic gear company’s stock hit an all-time high after its first-quarter results blew past Wall Street estimates.
Lumber Liquidators Holdings Inc., down $5.83 to $107.13
Federal authorities raided the headquarters of the flooring retailer, which cited official questions about the “importation of certain products.”
J.C. Penney Co. Inc., down $1.37 to $9.05
The retailer expects to raise almost $811 million through a new share offering and said it would have $1.3 billion in liquidity by year’s end.
AZZ Inc., down 88 cents to $42.23
The electrical products and services specialist’s quarterly results fell short of expectations and its outlook left investors wanting.
Nasdaq
Nektar Therapeutics, down $3.31 to $10.54
A pain drug from the pharmaceutical company failed in a clinical trail…
A young renter’s dilemma: Buy now or wait?
– theglobeandmail.com
Elspeth, 26, is already thinking about saving for retirement, but right now having her own Vancouver condo is at the top of her financial wish list
Most actively traded companies on the TSX, TSX Venture Exchange markets
– canadianbusiness.com
TORONTO – Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,844.08 up 2.46 points):
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Up 68 cents, or 9.33 per cent, at $7.97 on 4.43 million shares.
Kinross Gold Corp. (TSX:K). Miner. Down two cents, or 0.39 per cent, at $5.15 on 3.95 million shares.
B2Gold Corp. (TSX:BTO). Miner. Up four cents, or 1.54 per cent, at $2.63 on 3.65 million shares.
BlackBerry Ltd. (TSX:BB). Wireless communications. Up six cents, or 0.73 per cent, at $8.28 on 3.14 million shares. The smartphone company posted a US$965-million loss in the June-August period, in line with its warning last week, while revenue plunged 45 per cent to US$1.6 billion.
Air Canada (TSX:AC.B). Airline. Down eight cents, or 2.16 per cent, at $3.62 on 3.01 million shares.
Toronto Venture Exchange (952.86 up 4.72 points):
Madalena Energy Inc. (TSXV:MVN). Oil and gas. Up two cents, or 4.49 per cent, at 46…
Toronto Stock Exchange (12,844.08 up 2.46 points):
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Up 68 cents, or 9.33 per cent, at $7.97 on 4.43 million shares.
Kinross Gold Corp. (TSX:K). Miner. Down two cents, or 0.39 per cent, at $5.15 on 3.95 million shares.
B2Gold Corp. (TSX:BTO). Miner. Up four cents, or 1.54 per cent, at $2.63 on 3.65 million shares.
BlackBerry Ltd. (TSX:BB). Wireless communications. Up six cents, or 0.73 per cent, at $8.28 on 3.14 million shares. The smartphone company posted a US$965-million loss in the June-August period, in line with its warning last week, while revenue plunged 45 per cent to US$1.6 billion.
Air Canada (TSX:AC.B). Airline. Down eight cents, or 2.16 per cent, at $3.62 on 3.01 million shares.
Toronto Venture Exchange (952.86 up 4.72 points):
Madalena Energy Inc. (TSXV:MVN). Oil and gas. Up two cents, or 4.49 per cent, at 46…
