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Before the Bell: Futures flat, expect a year-end rally + MORE Nov 2nd
Our equities analyst looks ahead to the investment day
.... More »
Policy change means women giving birth away from reserve aren’t alone + MORE Apr 10th
Minister of Health Jane Philpott speaks with the media during a break in meetings at the Finance Ministers meeting in Ottawa, Monday, December 19, 2016. (Adrian Wyld/CP)
OTTAWA — Health Minister Jane Philpott says Ottawa will now pay for someone to travel with indigenous women who need to leave th.... More »
More documents from Panama Papers law firm leak out, exposing its panic + MORE Jun 20th
More private documents from the Panamanian law firm at the centre of one of the biggest-ever leaks of financial records have been exposed, showing how enraged its clients were, global media outlets are revealing today..... More »
How to stay invested in U.S. stocks without the tech overweight + MORE Feb 19th
Big Tech CEOs, like Jeff Bezos, Elon Musk, Mark Zuckerberg and Sundar Pichai were front and centre at Donald Trump’s inauguration—a sign of their growing influence in the years to come. Today, their dominance is just as evident in the stock market, particularly for investors who own U.S. equitie.... More »
Air Canada stock falls 12% after it posts record earnings + MORE Feb 17th
Air Canada is reporting a record adjusted net profit of $1.2 billion for 2015, but its stock plunged 12 per cent in Wednesday trading after a challenge to short-term investors from CEO Calin Rovinescu..... More »
Spain’s foreign minister visits Cuba, urges more rapid reforms to expand private enterprise
– canadianbusiness.com
HAVANA – Spain’s foreign minister urged Cuba on Tuesday to accelerate economic reforms designed to expand private enterprise and attract foreign investment to the communist-run island.
Foreign Minister Jose Manuel Garcia-Margallo’s two-day visit to Cuba was the first by a minister in the Cabinet of Spanish Prime Minister Mariano Rajoy, whose conservative Popular Party has long been critical of Cuba’s policies.
Cuba’s economic reforms were launched by President Raul Castro in 2010 to kick-start a centrally planned economy starved for cash and hamstrung by inefficiency. But the country has been slow to unify its currencies and potential investors have complained of the pace of change, the lack of supplies and the slowness of what should be simple decisions because of overlapping government agencies.
“Spain would like to see a more rapid pace to the economic reforms that give more space for private initiative and foreign investment … which advance monetary unification and allow for decentralization,” said Garcia-Margallo, who met Tuesday with Cuban Foreign Minister Bruno Rodriguez and Vice-President Miguel Diaz-Canel…
Foreign Minister Jose Manuel Garcia-Margallo’s two-day visit to Cuba was the first by a minister in the Cabinet of Spanish Prime Minister Mariano Rajoy, whose conservative Popular Party has long been critical of Cuba’s policies.
Cuba’s economic reforms were launched by President Raul Castro in 2010 to kick-start a centrally planned economy starved for cash and hamstrung by inefficiency. But the country has been slow to unify its currencies and potential investors have complained of the pace of change, the lack of supplies and the slowness of what should be simple decisions because of overlapping government agencies.
“Spain would like to see a more rapid pace to the economic reforms that give more space for private initiative and foreign investment … which advance monetary unification and allow for decentralization,” said Garcia-Margallo, who met Tuesday with Cuban Foreign Minister Bruno Rodriguez and Vice-President Miguel Diaz-Canel…
3.5 year – 2.20%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-10-20. Click on the link above to get more details or apply online.
Most actively traded companies on the TSX
– canadianbusiness.com
TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,073.65, up 58.24 points):
Pengrowth Energy Corp. (TSX:PGF). Oil and gas. Up six cents, or 1.36 per cent, to $4.48 on 23 million shares.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down 15 cents, or 4.89 per cent, to $2.92 on 20.6 million shares.
Mood Media Corp. (TSX:MM). Advertising and marketing services. Up half-a-cent, or 1.12 per cent, to 45 cents on 10.9 million shares.
Kinross Gold Corp. (TSX:K). Miner. Up 35 cents, or 11.11 per cent, to $3.50 on 8.5 million shares.
Barrick Gold Corp. (TSX:ABX). Miner. Up 61 cents, or 4.29 per cent, to $14.83 on 8.1 million shares.
Eldorado Gold Corp. (TSX:ELD). Miner. Up 77 cents, or 10.66 per cent, to $7.99 on 7.6 million shares.
Companies reporting major news:
Alimentation Couche-Tard (TSX:ATD.B). Retail. Up $1.52, or 3.98 per cent, to $39.70 on 1.6 million shares. The convenience store operator said its quarterly net income surged 25 per cent to US$286…
Toronto Stock Exchange (15,073.65, up 58.24 points):
Pengrowth Energy Corp. (TSX:PGF). Oil and gas. Up six cents, or 1.36 per cent, to $4.48 on 23 million shares.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down 15 cents, or 4.89 per cent, to $2.92 on 20.6 million shares.
Mood Media Corp. (TSX:MM). Advertising and marketing services. Up half-a-cent, or 1.12 per cent, to 45 cents on 10.9 million shares.
Kinross Gold Corp. (TSX:K). Miner. Up 35 cents, or 11.11 per cent, to $3.50 on 8.5 million shares.
Barrick Gold Corp. (TSX:ABX). Miner. Up 61 cents, or 4.29 per cent, to $14.83 on 8.1 million shares.
Eldorado Gold Corp. (TSX:ELD). Miner. Up 77 cents, or 10.66 per cent, to $7.99 on 7.6 million shares.
Companies reporting major news:
Alimentation Couche-Tard (TSX:ATD.B). Retail. Up $1.52, or 3.98 per cent, to $39.70 on 1.6 million shares. The convenience store operator said its quarterly net income surged 25 per cent to US$286…
Pay less capital gains tax
– moneysense.ca
(Illustration by Lauren Hom)Of all the questions MoneySense receives (and we get a lot), the most popular is “How can I avoid capital gains taxes?” No wonder: capital gains taxes can take a big bite out of your wealth. It seems unfair that you have to fork over money to the government just for investing well, and most of us would rather run across hot coals than pay them.
Unfortunately, the sad truth is that—with a few important exceptions—you have to pay capital gains taxes whenever you sell investments, property or other assets for more than you bought them for. So if you buy a stock for $100 and sell it for $150 a few years later, your capital gain is $50 (less commissions or other expenses), and you have to pay tax on that amount.
The good news is that unlike regular income, only 50% of capital gains are taxable. Plus, you don’t have to pay until you sell the asset. Bottom line is—despite their bad rap—capital gains can actually be the most tax-friendly of all investment returns, and there are plenty of ways to defer, reduce or even avoid them altogether…
TDSB: Province sends 'reviewer' to study Toronto school board's ongoing … – Toronto Star
– news.google.ca
Toronto StarTDSB: Province sends 'reviewer' to study Toronto school board's ongoing …Toronto StarIn the first political intervention of its kind, Queen's Park is sending a troubleshooter to the embattled Toronto District School Board to find a way to broker peace between feuding parties — staff and trustees — and consider whether, in the long run, the largest …Ontario takes unusual step to deal with tensions at Toronto school boardThe Globe and MailOntario conducting review of controversy-plagued TDSBToronto SunProvince calls in expert to look at what's going wrong at troubled Toronto District …National Post680 News -CBC.caall 27 news articles »
