How to go about securing the best return for your investment in Canada.
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At the open: TSX starts higher as China data boosts oil + MORE Jan 19th
Wall St higher on China data, bank earnings
.... More »
Making sense of the markets this week: June 7, 2021 Jun 4th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Canadians are not ready to return to the office
It may be no surprise that Canadian employees aren’t eager to get back to their offices—at least not in a full time capacit.... More »
What Must You Consider Before Adopting the Perfect Trading Strategy + MORE Jan 27th
Any financial instrument traded in any market will present two requirements that investors must follow if they hope to take profits: proper money management and a reasonable trading strategy. In the case of forex trading, finding a comfortable trading strategy is a matter of researching, testing and.... More »
Financial planning in your 70s Oct 7th
When most people think about financial planning, they think about saving and investing for retirement. That is certainly a part of it, but financial planning is much more holistic.
Here are a few financial planning strategies for those approaching or into their 70s. If you are not there yet, bookmar.... More »
Watch: The differences between a TFSA and RRSP + MORE Sep 22nd
A tax-free savings account (TFSA) is a registered account that holds investments and allows you to grow your money tax-free and withdraw it tax-free. That means you don’t have to report any income earned in the account on your personal tax returns. A registered retirement savings plan (RRSP) is al.... More »
First Nations divided on new Financial Transparency Act – CBC.ca
– news.google.ca
Sun News NetworkFirst Nations divided on new Financial Transparency ActCBC.caFirst Nations across Canada are reacting to the Financial Transparency Act, which requires bands to post financial information, including salaries, online. Some First Nation chiefs say it shouldn't be the role of the federal government or the public to oversee …Salaries of First Nation chiefs, councillors to be posted on internetWesterly NewsControversial First Nation chief's salary raises concernThe Globe and MailManitoba First Nations' financial details posted onlineGlobalnews.caHuffington Post Canadaall 18 news articles »
HudBay closes offer for Augusta with 96 per cent of shares tendered
– canadianbusiness.com
TORONTO – HudBay Minerals Inc. (TSX:HBM) said late Tuesday that it has now received about 96 per cent of the shares of Augusta Resource Corp., and it will now buy up the rest at the offer price, closing out a hard-fought takeover battle.
The two companies reached a friendly agreement last month after Toronto-based HudBay improved its all-equity bid — worth about $555 million at the time.
Since then, HudBay shares have since risen in value to $11.45 at the close on Tuesday from $10.29 at the end of trading on June 20.
HudBay’s final offer was 0.315 of a common share, worth about $3.61 at the close on July 28, plus 0.17 of a warrant to buy a HudBay common share. The warrants become valuable if HudBay’s stock rises above $15 within four years.
The post HudBay closes offer for Augusta with 96 per cent of shares tendered appeared first on Canadian Business.
The two companies reached a friendly agreement last month after Toronto-based HudBay improved its all-equity bid — worth about $555 million at the time.
Since then, HudBay shares have since risen in value to $11.45 at the close on Tuesday from $10.29 at the end of trading on June 20.
HudBay’s final offer was 0.315 of a common share, worth about $3.61 at the close on July 28, plus 0.17 of a warrant to buy a HudBay common share. The warrants become valuable if HudBay’s stock rises above $15 within four years.
The post HudBay closes offer for Augusta with 96 per cent of shares tendered appeared first on Canadian Business.
OTTAWA — The federal government says it will impose new sanctions against Russia in coming days over Moscow’s support of rebel groups in Ukraine.
In a statement, Prime Minister Stephen Harper says Russian President Vladimir Putin’s failure to cease backing armed rebels in eastern Ukraine constitutes a genuine threat to international peace and security.
Last week, Canada announced strengthened sanctions on arms manufacturers and energy and financial entities with significant links to the Russian government.
The statement says the new sanctions would be applied against the Russian government and those closest to it.
The bid to step up political pressure on Moscow will be co-ordinated with partners in the United States and Europe.
Harper says Canada is ready to impose further sanctions if the Putin administration’s military aggression continues.
The post Canada plans new sanctions against Russia over aggression in Ukraine appeared first on Macleans.ca.
In a statement, Prime Minister Stephen Harper says Russian President Vladimir Putin’s failure to cease backing armed rebels in eastern Ukraine constitutes a genuine threat to international peace and security.
Last week, Canada announced strengthened sanctions on arms manufacturers and energy and financial entities with significant links to the Russian government.
The statement says the new sanctions would be applied against the Russian government and those closest to it.
The bid to step up political pressure on Moscow will be co-ordinated with partners in the United States and Europe.
Harper says Canada is ready to impose further sanctions if the Putin administration’s military aggression continues.
The post Canada plans new sanctions against Russia over aggression in Ukraine appeared first on Macleans.ca.
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,446.55, up 1.33 points):
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down 46 cents, or 7.18 per cent, to $5.95 on 7.6 million shares
Amaya Gaming Group Inc. (TSX:AYA). Travel and leisure. Up $3.72, or 14.37 per cent, to $29.61 on 3.8 million shares.
Sierra Metals Inc. (TSX:SMT). Miner. Unchanged at $1.67 on 3.7 million shares.
Sunshine Oilsands Ltd. (TSX:SUO). Oil and gas. Up 3.5 cents, or 28 per cent, to 16 cents on 3.6 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace. Down one cent, or 0.28 per cent, to $3.60 on 3.6 million shares
Air Canada (TSX:AC.B). Airline. Up 21 cents, or 2.19 per cent, to $9.79 on 3.2 million shares.
Companies reporting major news:
Blackberry (TSX:BB). Communication equipment. Down 43 cents, or four per cent, to $10.32 on 6.1 million shares. The Waterloo, Ont.-based company is bulking up its security assets with the acquisition of anti-eavesdropping firm Secusmart, which developed technology to protect the smartphones of German government officials, including Chancellor Angela Merkel…
Toronto Stock Exchange (15,446.55, up 1.33 points):
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down 46 cents, or 7.18 per cent, to $5.95 on 7.6 million shares
Amaya Gaming Group Inc. (TSX:AYA). Travel and leisure. Up $3.72, or 14.37 per cent, to $29.61 on 3.8 million shares.
Sierra Metals Inc. (TSX:SMT). Miner. Unchanged at $1.67 on 3.7 million shares.
Sunshine Oilsands Ltd. (TSX:SUO). Oil and gas. Up 3.5 cents, or 28 per cent, to 16 cents on 3.6 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace. Down one cent, or 0.28 per cent, to $3.60 on 3.6 million shares
Air Canada (TSX:AC.B). Airline. Up 21 cents, or 2.19 per cent, to $9.79 on 3.2 million shares.
Companies reporting major news:
Blackberry (TSX:BB). Communication equipment. Down 43 cents, or four per cent, to $10.32 on 6.1 million shares. The Waterloo, Ont.-based company is bulking up its security assets with the acquisition of anti-eavesdropping firm Secusmart, which developed technology to protect the smartphones of German government officials, including Chancellor Angela Merkel…
Cardinal Energy snaps up oil assets, issues stock
– theglobeandmail.com
Calgary-based junior producer also raises dividend
