How to go about securing the best return for your investment in Canada.
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Toronto stocks, loonie close higher, while U.S. markets mixed + MORE Mar 13th
TORONTO – Canada’s main stock index closed higher Monday as the loonie moved up against the U.S. dollar on a mixed day for the markets.
The S&P/TSX composite index closed up 26.98 points to 15,604.79 in a day that saw gold and base metals move higher while energy stocks weighed in th.... More »
Greece is running out of time—and trust + MORE Jul 12th
(AP Photo/Thanassis Stavrakis)
Greece’s finance minister was locked in talks with skeptical creditors Saturday, trying to persuade them that the Greek government can be trusted to deliver on its reform promises in exchange for a financial rescue securing the country’s future in the euro..... More »
This Toronto Floral Shop Is Making the Industry More Sustainable + MORE Oct 12th
Before the pandemic, May Flowers, then a two-year-old floral business, operated like many of its competitors. It focused on wedding and occasion bouquets, and its shop in Toronto’s west end functioned primarily as a depot to fulfill orders.
This past spring, right after Mother’s Day—one of.... More »
Wynne says jobs, economy top priorities as Ontario legislature resumes Tuesday + MORE Feb 15th
TORONTO – Premier Kathleen Wynne says jobs and the economy are her top priorities when the Ontario legislature resumes sitting Tuesday, but the opposition parties say the Liberals are on the wrong track for both.
Wynne says Ontario’s diversified economy is now leading Canada in foreign d.... More »
Why are stock markets rising? Apr 8th
It’s hard to believe that the first quarter of the year is already finished, but it’s even harder to fathom just how far away the last three months of 2018 now seem. You may have already forgotten, but between October 3 and December 24, global stock markets plummeted, with the S&P 500 fallin.... More »
Well-heeled The Smart Girl’s Guide to Getting Rich says young women may be intimidated by a lack of financial knowledge but are eager to learn and better at money management then young men.Dollarama CEO and founder’s compensation surged to $3.74 million in 2013
– canadianbusiness.com
MONTREAL – Dollarama founder Larry Rossy’s compensation surged 125 per cent to $3.74 million last year, according to a regulatory filing ahead of the discount retailer’s annual meeting in June.
The 71-year-old CEO’s total compensation was up from $1.66 million in 2012 and $2.4 million in 2011.
His salary increased 46 per cent to $750,000. He also received option-based awards valued at nearly $2.3 million and a $701,250 bonus.
Rossy owns 4.4 million Dollarama (TSX:DOL) shares or 6.46 per cent of the company, valued at $370 million based on the closing price of $84 on Jan. 31. He also had 200,000 options worth $810,000.
His holdings are worth even more today as the Montreal-based company’s shares traded at $91.39 Monday, up 97 cents on the Toronto Stock Exchange. In the past year, they have gained more than 25 per cent.
Rossy has presided over one of Canada’s best-performing retailers, despite increased competition from U.S. giants Wal-Mart and the arrival in Canada of Target…
The 71-year-old CEO’s total compensation was up from $1.66 million in 2012 and $2.4 million in 2011.
His salary increased 46 per cent to $750,000. He also received option-based awards valued at nearly $2.3 million and a $701,250 bonus.
Rossy owns 4.4 million Dollarama (TSX:DOL) shares or 6.46 per cent of the company, valued at $370 million based on the closing price of $84 on Jan. 31. He also had 200,000 options worth $810,000.
His holdings are worth even more today as the Montreal-based company’s shares traded at $91.39 Monday, up 97 cents on the Toronto Stock Exchange. In the past year, they have gained more than 25 per cent.
Rossy has presided over one of Canada’s best-performing retailers, despite increased competition from U.S. giants Wal-Mart and the arrival in Canada of Target…
QP Live: The NDP looks for a target
– macleans.ca
Adrian Wyld/CPA couple of minutes before Question Period, the NDP usually expends 60 seconds on all-out partisan theatrics. The party tends to pounce during the fifth round of daily members’ statements, just before the Tories unleash a similar assault on the opposition (or, more specifically on most days, Justin Trudeau).
For months, the NDP’s fifth-round assault comprised a disturbing tale of corruption and deceit. Conservatives paid off their own senator, Mike Duffy, before throwing him under the bus, they charged. Conservatives stole the last election by way of unfair robocalls, they insisted. Conservatives plan to steal the next election by rigging the rules in their favour, they lamented.
Plenty of loose ends enabled those daily taunts. The RCMP was digging into ex-Harper chief of staff Nigel Wright’s financial gift to Duffy, and police affidavits alleged juicy wrongdoing. Elections Canada was investigating thousands of complaints of voter fraud in 2011. Pierre Poilievre was stubborn, not to mention robotic, as he defended his electoral reform bill, The Fair Elections Act…
The gap between the earnings of a college or university degree graduate and what someone with a high school diploma makes is narrowing, new research from Statistics Canada shows.
120 days – 1.70%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
