How to go about securing the best return for your investment in Canada.
Latest News
Did you manage to resist selling your stocks during the crash? Good. But now might be the time to do it Jun 23rd
The uncertainty over how the pandemic will play out and what the path to economic recovery will look like begs the question: What should you do with your investment portfolio now?.... More »
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 »
Oilpatch stays home from B.C. conference after Whistler mayor calls for climate-change compensation Dec 14th
Cenovus is the latest energy company to opt out of a investment conference in Whistler, B.C., after the mayor of that community called on Canadian Natural Resources to help compensate them for the costs of climate change..... More »
How to protect personal assets if your business fails May 6th
Q. We are closing our business due to the recent pandemic events. We had been looking at selling it anyway due to a struggling economy, challenging franchise, and so on.
We are personally liable to the bank for our build-out loan, as well as to the landlord. Basically, we would love to avoid losing .... More »
3 financial goals to kick-start the new year Jan 16th
Over the holidays, many Canadians made new year’s resolutions related to their career, health and family. If you haven’t added any financial goals to your list, now is the perfect time. Let’s look at three things you can do that could significantly impact your financial well-being this year—.... More »
Oil pipeline owner Valero Energy Partners surges in debut on New York Stock Exchange
– canadianbusiness.com
NEW YORK, N.Y. – Valero Energy Partners is rising in its first day as a publicly traded company.
Shares of the oil pipeline owner climbed $4.94, or 21.5 per cent, to $27.94 in midday trading on Wednesday.
The San Antonio company was formed in July by refinery operator Valero Energy Corp. to own, operate and develop pipelines, terminals and other transportation and logistics assets. It owns properties in the Gulf Coast and Midwest that are integral to operating Valero’s refineries in Texas and Tennessee. Valero Energy Partners makes money by charging for transporting crude oil and refined petroleum products.
The initial public offering of 15 million common units priced at $23 each, above the projected range of $19 to $21 per unit.
Valero Energy Partners LP raised $345 million from the offering.
The underwriters have a 30-day option to buy up to an additional 2.3 million units.
The units are trading on the New York Stock Exchange under the “VLP” ticker symbol.
The offering is expected to close on Monday…
Shares of the oil pipeline owner climbed $4.94, or 21.5 per cent, to $27.94 in midday trading on Wednesday.
The San Antonio company was formed in July by refinery operator Valero Energy Corp. to own, operate and develop pipelines, terminals and other transportation and logistics assets. It owns properties in the Gulf Coast and Midwest that are integral to operating Valero’s refineries in Texas and Tennessee. Valero Energy Partners makes money by charging for transporting crude oil and refined petroleum products.
The initial public offering of 15 million common units priced at $23 each, above the projected range of $19 to $21 per unit.
Valero Energy Partners LP raised $345 million from the offering.
The underwriters have a 30-day option to buy up to an additional 2.3 million units.
The units are trading on the New York Stock Exchange under the “VLP” ticker symbol.
The offering is expected to close on Monday…
Investors spend record amount on real estate outside Canada
– theglobeandmail.com
Investments in international commercial real estate this year likely to surpass $11-billion level reached in 2011, Jones Lang LaSalle report says
120 days – 1.70%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-10-17. Click on the link above to get more details or apply online.
30 days – 1.50%
– ratesupermarket.ca
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.
ABC NewsEU talking to IMF, World Bank, others about Ukraine assistanceReuters… Print. * International lenders and EU discussing Ukraine aid. * Talks focus on help to Ukraine if it signs EU trade deal. * Discussions involve IMF, World Bank, European Investment Bank. * Aim is not to coordinate a single package of support. By Luke Baker.Police stand-down seen as 'great victory': Ukrainian oppositionCTV NewsUkraine Police End Standoff with ProtestersVoice of AmericaUkrainian riot police withdraw after overnight move on demonstratorsToronto SunIrish Times -Washington Post -CNNall 3,306 news articles »
