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New to investing? Here’s how to get started Oct 26th
There are many things that you need to do first before you start investing your money in the stock market, writes Gordon Pape..... More »
Marijuana business expands beyond smoke and rolling papers: Don Pittis Jan 23rd
With new Canadian rules on cannabis legalization just around the corner, money is pouring into an increasingly complex marijuana sector. Is it a sound investment or market euphoria?.... More »
Ellyce Fulmore is putting the personal back into personal finance + MORE Jun 10th
Ellyce Fulmore is putting the “personal” back into “personal finance.” She’s the finfluencer and founder behind Queerd Co., which offers “shame-free finance education that goes beyond the numbers.” Queerd Co. views personal finance through an intersectional lens, meaning that it takes .... More »
What some of Canada’s top founders and entrepreneurs learned in 2016 + MORE Dec 19th
Disruption requires understanding
“In applying to become a national stock exchange in the U.S., IEX faced a very tough process to be approved by the Securities and Exchange Commission (SEC). The New York Stock Exchange and NASDAQ were fighting against us and the institutional investors that s.... More »
What expenses can you deduct for a second property in Canada? + MORE Sep 14th
If someone owns a second property, what can they deduct? Can they deduct the cost of purchasing or renovations?—Nicole
The types of expenses you can deduct for a second property
There are several expenses that can be deducted from a second property, particularly if it is designated as an inv.... More »
Stock picks to generate cash flow
– moneysense.ca
(Ben Nelms/Bloomberg/Getty)Rob Edel
Chief Investment Officer
Nicola Wealth Management
For Rob Edel, cash is king. As chief investment officer for Vancouver-based Nicola Wealth Management, Edel looks out for businesses with a competitive advantage and that generate consistent and growing revenues. “You can see that in the cash flow they generate,” he says. Edel prefers to get that money back in dividends, but it’s not always necessary, depending on what the business does with its dollars. Still, cash flow yields should be in excess of 5% to attract his attention, says Edel.
Diversification is also important, as is differentiating his portfolio from the index. It’s why Edel is currently underweight in energy stocks. “It’s not because we saw a decline in oil prices, it’s just not prudent to have so much of your portfolio in a cyclical sector like that,” he says. While he’s partial to undervalued operations, he believes that well-diversified investors need to keep an eye on growth options, particularly Canadian companies with a global reach…
Sino-Forest underwriters settle for $32.5-million
– theglobeandmail.com
Investment banks deny liability in case of former forestry giant facing fraud allegations
'Barbie is falling off a cliff': Mattel removes CEO amid sales warnings
– theglobeandmail.com
Sales of Barbie dolls fell 21 per cent in Mattel’s third quarter and investors are waiting anxiously for the latest numbers in the fourth-quarter earnings report on Friday
Brookfield Office posts lower Q4 profit; cities loss on fair value of assets
– canadianbusiness.com
TORONTO – Brookfield Canada Office Properties (TSX:BOX.UN) cited a $14.3-million charge on the fair value of assets versus a gain a year ago among reasons for reporting a big drop in fourth-quarter earnings.
The owner of premier officer properties in several major Canadian cities says net income for the three months ended Dec. 31 was $25.8 million or 28 cents per unit, compared with $50.5 million or 54 cents in the same year-earlier period when it booked a gain on assets of $13.3 million.
Commercial property revenue in the quarter was $134.8 million, up from $132.7 million, while net operating income of $67.9 million compared with $67.2 million in the 2013 period.
For the full year, Brookfield Office reported net income of $116.1 million or $1.24 per unit on commercial revenue of $517.2 million compared with $164.8 million or $1.77 per unit in 2013 on revenue of $521.9 million.
The full-year numbers included a charge of $38.8 million on the fair value of assets versus a gain of $22…
The owner of premier officer properties in several major Canadian cities says net income for the three months ended Dec. 31 was $25.8 million or 28 cents per unit, compared with $50.5 million or 54 cents in the same year-earlier period when it booked a gain on assets of $13.3 million.
Commercial property revenue in the quarter was $134.8 million, up from $132.7 million, while net operating income of $67.9 million compared with $67.2 million in the 2013 period.
For the full year, Brookfield Office reported net income of $116.1 million or $1.24 per unit on commercial revenue of $517.2 million compared with $164.8 million or $1.77 per unit in 2013 on revenue of $521.9 million.
The full-year numbers included a charge of $38.8 million on the fair value of assets versus a gain of $22…
REITs warned over failure to disclose shortfalls
– theglobeandmail.com
The Ontario Securities Commission said 33 per cent of real estate investment trusts it reviewed had insufficient cash flow to fully fund payouts to investors, but did not provide ‘expected disclosures’ to investors
