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Are women getting the right advice about RESPs? Apr 30th
When my first child was born in early 2011, I wanted to set up a registered education savings plan (RESP) as soon as possible. My husband didn’t have any student debt of his own, but I’d left university with over $40,000 owing on a line of credit—a huge number that I carried into our marriage .... More »
The best GIC rates in Canada for 2026 Jun 1st
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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Weekend Readings – Masahira Tanaka vs Apple? + MORE Jun 27th
Crazy how the world works. This amazing catch by the Yankees when they signed Masahiro Tanaka is basically saving their season.. but despite 15 or so extremely high quality starts, as soon as he ended up losing a 2nd game, giving 3 earned runs in 7 innings, the bets are on for what this means and if.... More »
SNC-Lavalin CEO earned $5 million in 2014 despite asking for no bonus + MORE Apr 9th
MONTREAL – SNC-Lavalin CEO Robert Card earned nearly $5 million in compensation last year despite not being paid a bonus because of the engineering and construction company’s weak financial performance.
“In light of these disappointing financial results, the CEO requested to forgo .... More »
Risk and Complexity of Securities and Funds - a Promising Proposal + MORE Jan 2nd
How does one know how risky an investment is, whether it's a stock or bond, a mutual fund or an ETF? How complicated and hard is it to understand or predict what the investment's return might depend on? For the retail investor, the basic answer is that you're on your own, having to wade through the .... More »
Complaint filed against ex-PMO lawyer Benjamin Perrin over Wright-Duffy deal – CTV News
– news.google.ca
National PostComplaint filed against ex-PMO lawyer Benjamin Perrin over Wright-Duffy dealCTV NewsA University of Ottawa law professor has filed a complaint against the prime minister's former lawyer, who allegedly helped broker a secret deal between Nigel Wright and Sen. Mike Duffy, CTV News has learned. Amir Attaran filed a complaint against …Liberals press Harper to explain payment to Duffy under oathThe Globe and MailComplaint filed against lawyers in Wright-Duffy affairCanada.comSenior Deloitte partner won't testify before Senate committee this week on Duffy …Vancouver SunWinnipeg Free Press -National Postall 171 news articles »
Carlyle Group to acquire Toronto asset manger Diversified Global Asset
– canadianbusiness.com
WASHINGTON – The U.S.-based Carlyle Group (Nasdaq:CG) says it plans to acquire Toronto alternative asset manager Diversified Global Asset Management Corp.
The proposed acquisition, announced on Carlyle’s website, did not disclose financial terms. However, it said the deal to take over Diversified, which has more than $6.7 billion in managed and advised assets, is expected to close in February.
Carlyle said DGAM founder and CEO George Main would continue in that role as would chief information officer Warren Wright.
“We are focused on providing fund investors with a broad suite of investment options under one roof,” Carlyle CEO David Rubenstein said in making the announcement.
“With the DGAM partnership, Carlyle’s Solutions platform is now positioned to offer investors the ability to allocate across alternatives in hedge funds, private equity and real estate.”
The Carlyle Group is a global alternative asset manager with $185 billion of assets under management across 122 funds and 81 fund of funds vehicles as of Sept…
The proposed acquisition, announced on Carlyle’s website, did not disclose financial terms. However, it said the deal to take over Diversified, which has more than $6.7 billion in managed and advised assets, is expected to close in February.
Carlyle said DGAM founder and CEO George Main would continue in that role as would chief information officer Warren Wright.
“We are focused on providing fund investors with a broad suite of investment options under one roof,” Carlyle CEO David Rubenstein said in making the announcement.
“With the DGAM partnership, Carlyle’s Solutions platform is now positioned to offer investors the ability to allocate across alternatives in hedge funds, private equity and real estate.”
The Carlyle Group is a global alternative asset manager with $185 billion of assets under management across 122 funds and 81 fund of funds vehicles as of Sept…
Sears Canada to cut nearly 800 jobs, mostly repair and parts workers, in cost-cutting push
– canadianbusiness.com
TORONTO – Sears Canada is laying off nearly 800 employees across its operations as it moves ahead with a multi-year plan to reduce operating costs.
The retailer said Tuesday that most of the cuts would be made in its repair services and parts businesses, where 712 jobs will be eliminated during the next six months.
Another 79 employees will lose their jobs in the company’s head office in Toronto.
The retailer has about 25,000 workers.
Sears Canada is looking for more ways to improve its financial results after having earlier sold several department store leases in the face of heightened competition.
Sears Canada has already closed some of its big city locations in Western Canada and has announced plans to vacate other large stores, including its flagship downtown Toronto location.
The post Sears Canada to cut nearly 800 jobs, mostly repair and parts workers, in cost-cutting push appeared first on Canadian Business.
The retailer said Tuesday that most of the cuts would be made in its repair services and parts businesses, where 712 jobs will be eliminated during the next six months.
Another 79 employees will lose their jobs in the company’s head office in Toronto.
The retailer has about 25,000 workers.
Sears Canada is looking for more ways to improve its financial results after having earlier sold several department store leases in the face of heightened competition.
Sears Canada has already closed some of its big city locations in Western Canada and has announced plans to vacate other large stores, including its flagship downtown Toronto location.
The post Sears Canada to cut nearly 800 jobs, mostly repair and parts workers, in cost-cutting push appeared first on Canadian Business.
Quebec convenience store company Alimentation Couche-Tard saw its shares climb to a new high of $77 Cdn on Tuesday after issuing a strong second-quarter earnings report.
Most actively traded companies on the TSX, TSX Venture Exchange markets
– canadianbusiness.com
TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (13,349.77 down 122.45 points):
Bonavista Energy Corp. (TSX:BNP). Oil and gas. Up five cents, or 0.38 per cent, at $13.25 on 11.35 million shares.
Americas Bullion Royalty Corp. (TSX:AMB). Up 1.5 cents, or 21.43 per cent, at 8.5 cents on 7.17 million shares.
B2Gold Corp. (TSX:BTO). Miner. Down 13 cents, or 5.99 per cent, at $2.04 on 5.37 million shares. The gold sector led the decliners on the main index, dropping 2.52 per cent to 156.98 points.
Methanex Corp. (TSX:MX). Chemical producer. Down 66 cents, or 1.01 per cent, at $64.79 on 5.09 million shares.
Manulife Financial Corp. (TSX:MFC). Insurer. Down 12 cents, or 0.59 per cent, at $20.18 on 4.58 million shares.
Toronto Venture Exchange (928.60 down 0.66 point):
Zodiac Exploration Inc. (TSXV:ZEX). Oil and gas. Unchanged at five cents on 5.32 million shares.
Madalena Energy Inc. (TSXV:MVN)…
Toronto Stock Exchange (13,349.77 down 122.45 points):
Bonavista Energy Corp. (TSX:BNP). Oil and gas. Up five cents, or 0.38 per cent, at $13.25 on 11.35 million shares.
Americas Bullion Royalty Corp. (TSX:AMB). Up 1.5 cents, or 21.43 per cent, at 8.5 cents on 7.17 million shares.
B2Gold Corp. (TSX:BTO). Miner. Down 13 cents, or 5.99 per cent, at $2.04 on 5.37 million shares. The gold sector led the decliners on the main index, dropping 2.52 per cent to 156.98 points.
Methanex Corp. (TSX:MX). Chemical producer. Down 66 cents, or 1.01 per cent, at $64.79 on 5.09 million shares.
Manulife Financial Corp. (TSX:MFC). Insurer. Down 12 cents, or 0.59 per cent, at $20.18 on 4.58 million shares.
Toronto Venture Exchange (928.60 down 0.66 point):
Zodiac Exploration Inc. (TSXV:ZEX). Oil and gas. Unchanged at five cents on 5.32 million shares.
Madalena Energy Inc. (TSXV:MVN)…
