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How the best balanced funds are riding the bear market Mar 10th
Investors have been taken on a wild ride in recent months. The Canadian stock market fell by more that 20% from its all-time high and well into bear market territory early this year. While it clawed back a bit since then, the market remains depressed.
But the big downturn in Canadian stocks didnR.... More »
Loonie at lowest value since mid-2004, index futures point to lower stock markets + MORE Sep 24th
TORONTO – The Canadian dollar slipped close to a fresh 11-year low as U.S. stock markets futures pointed to another decline.
Loonie was down 0.20 of a U.S. cent before North American markets opened, dropping to 74.72 cents US — the lowest since the summer of 2004.
The Dow Jones industrial fu.... More »
UK Labour opposition party vows to reject May's Brexit deal - Toronto Star + MORE Sep 25th
Toronto StarUK Labour opposition party vows to reject May's Brexit dealToronto StarLONDON—Britain's main opposition Labour Party announced Tuesday it will reject Conservative Prime Minister Theresa May's proposed divorce deal with the European Union when it comes to a vote in Parlia.... More »
Canada’s best credit cards for gas purchases for 2023 May 24th
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Bank of Canada warns financial sector vulnerable to cyberattacks + MORE Jun 13th
Canada's interconnected banks are vulnerable to a cascading series of cyberattacks that could undermine broad confidence in the financial system, the Bank of Canada warns..... More »
CBC.caThalidomide survivors seek more financial support from OttawaCBC.caHealth Minister Rona Ambrose says the federal government is committed to working with thalidomide survivors seeking more financial support as they age, but didn't offer specifics as to what type of support might be made available. After meeting with …'I thought this day would never come'The Globe and MailAmbrose: government will work with thalidomide victims, ensure they're supportedWinnipeg Free PressGovernment to work with thalidomide victimsSimcoe.comall 43 news articles »
Why and how to ride out stock market waves
– moneysense.ca
(Adam Gault/Getty Images)Most stock market investors will experience several bear markets over the life of their portfolio. Listen here for tips on how to cope:
Play: Dan Bortolotti talks stock market swings
The post Why and how to ride out stock market waves appeared first on MoneySense.
For companies in pain, oil’s fall hits harder
– theglobeandmail.com
Oil patch players that have been restructuring and selling assets have been punished most by the drop in the price of West Texas intermediate
InterRent paying $58.M for residential completes, adjacent land in Ottawa
– canadianbusiness.com
OTTAWA – InterRent Real Estate Investment Trust (TSX:IIP.UN) is paying $58.5 million for a multi-united residential complex in Ottawa as well as an adjacent property.
The acquisition, expected to be completed in early April, includes more than $56.2 million for 393 suites plus $2.25 million for the separate parcel of land, which was previously slated for a 140-unit condominium.
The property currently known as Forest Ridge totals almost 16 acres and consists of one high-rise with 169 suites, two low-rises with 94 suites and 130 townhomes, as well as three acres of vacant land that has already been severed.
The purchase price includes more than $56.2 million for the various rental units and $2.25 million for the separate parcel of land, which was previously slated for a 140-unit condominium.
The post InterRent paying $58.M for residential completes, adjacent land in Ottawa appeared first on Canadian Business.
The acquisition, expected to be completed in early April, includes more than $56.2 million for 393 suites plus $2.25 million for the separate parcel of land, which was previously slated for a 140-unit condominium.
The property currently known as Forest Ridge totals almost 16 acres and consists of one high-rise with 169 suites, two low-rises with 94 suites and 130 townhomes, as well as three acres of vacant land that has already been severed.
The purchase price includes more than $56.2 million for the various rental units and $2.25 million for the separate parcel of land, which was previously slated for a 140-unit condominium.
The post InterRent paying $58.M for residential completes, adjacent land in Ottawa appeared first on Canadian Business.
Theft of Honolulu police chief’s mailbox highlights family financial feud; trial to begin
– canadianbusiness.com
HONOLULU, Hawaii – The theft of the Honolulu police chief’s mailbox not only brought allegations of undue influence after a crack police squad made an arrest, but also exposed a messy family financial dispute.
Jury selection is scheduled to begin Tuesday in the federal mailbox-destruction case against Gerard Puana, the uncle of Police Chief Louis Kealoha’s wife.
According to a criminal complaint, Puana tore the mailbox from its support post in June 2013, stuck it into a car and drove away. The mailbox was in front of Louis and Katherine Kealoha’s former home in an upscale east Honolulu neighbourhood.
Prosecutors say Puana stole the mailbox in an effort to access account records that were sent to the residence. The records were connected to a lawsuit that Puana and his 95-year-old mother, Florence Puana, filed against Katherine Kealoha over finances.
Katherine Kealoha is on personal leave as head of the career criminal unit of the Honolulu prosecutor’s office…
Jury selection is scheduled to begin Tuesday in the federal mailbox-destruction case against Gerard Puana, the uncle of Police Chief Louis Kealoha’s wife.
According to a criminal complaint, Puana tore the mailbox from its support post in June 2013, stuck it into a car and drove away. The mailbox was in front of Louis and Katherine Kealoha’s former home in an upscale east Honolulu neighbourhood.
Prosecutors say Puana stole the mailbox in an effort to access account records that were sent to the residence. The records were connected to a lawsuit that Puana and his 95-year-old mother, Florence Puana, filed against Katherine Kealoha over finances.
Katherine Kealoha is on personal leave as head of the career criminal unit of the Honolulu prosecutor’s office…
