How to go about securing the best return for your investment in Canada.
Latest News
Are ETFs a good investment for an all-weather portfolio? + MORE Feb 2nd
For retirees and near retirees, it can sometimes seem like there’s no such thing as a “safe” investment—especially now. Even bonds and bond funds, typically considered the safest of investments—suffered losses in 2022, as central banks hiked interest rates. Meanwhile, stocks look determine.... More »
Adam Chapman financial advisor Aug 9th
Meet Adam Chapman
Adam Chapman jokes that he’s a financial planner who helps people spend money—not save it. And, thanks to his love for afternoon tea, Chapman has worked with people from generations older than him for nearly 20 years. No matter how much wealth his clients have achieved befor.... More »
Your home sold—now what? + MORE Apr 1st
If you’ve sold your home or are planning to soon, you may have a large amount of cash that needs a temporary parking spot while you prepare for your next move. A regular savings account pays very little interest—so unless you need the money right away, it makes sense to seek higher returns.
S.... More »
Stock news for investors: Barrick leads earnings gains as major Canadian companies report mixed Q3 results + MORE Nov 13th
Here’s a round-up of news for Canadian investors this week.
Barrick
MEG Energy
Loblaw
Manulife
Linamar
Brookfield
Hydro One
Featured RRSP Accounts
featured
EQ Bank
.... More »
Trading is Nothing But a Game of Risk Management Nov 20th
This statement may go against the ideology of all the pro traders in the Forex trading business. We are not here to change right and wrong. We are here to talk about what is right and inspire every trader to work in the correct way within the trading process. It is money we are talking about. Readin.... More »
Alibaba says US regulators seeking information on its fight with China over fake goods
– canadianbusiness.com
WASHINGTON – E-commerce giant Alibaba said Friday that U.S. regulators have requested information on Chinese authorities’ allegations that the company has failed to do enough to prevent fake goods from being sold on its websites.
Alibaba said it is co-operating with the request from the U.S. Securities and Exchange Commission. The company, which raised a record $25 billion last year in its initial sale of stock in the U.S., said the SEC is seeking information related to its interactions with Chinese regulators.
China-based Alibaba Group Holding Ltd. disputed the allegations, firing back at the Chinese regulators with charges of bias and misconduct. But the company quickly settled the public dispute with the government, promising to do more to fight online sales of counterfeit goods.
The SEC’s letter states that its inquiries should not be seen as indicating Alibaba has violated any U.S. securities law, the company said.
SEC spokesman John Nester declined to comment.
Alibaba also said it wasn’t legally obligated to disclose the SEC inquiry but chose to do so “because we value being open with our investors and feel that disclosure could help avoid false rumours or speculation…
Alibaba said it is co-operating with the request from the U.S. Securities and Exchange Commission. The company, which raised a record $25 billion last year in its initial sale of stock in the U.S., said the SEC is seeking information related to its interactions with Chinese regulators.
China-based Alibaba Group Holding Ltd. disputed the allegations, firing back at the Chinese regulators with charges of bias and misconduct. But the company quickly settled the public dispute with the government, promising to do more to fight online sales of counterfeit goods.
The SEC’s letter states that its inquiries should not be seen as indicating Alibaba has violated any U.S. securities law, the company said.
SEC spokesman John Nester declined to comment.
Alibaba also said it wasn’t legally obligated to disclose the SEC inquiry but chose to do so “because we value being open with our investors and feel that disclosure could help avoid false rumours or speculation…
Unregistered mutual fund company, owner face penalties of $3.4M
– canadianbusiness.com
TORONTO – Securities regulators have slapped and Ontario man and a mutual fund company he controlled with fines and other penalties totalling some $3.4 million.
Roy Brown, also know as Roy Brown-Rodrigues and the Juniper Fund Management Corp. were found by a hearing of the Ontario Securities Commission to have engaged in improper activities that “caused significant losses” to unitholders of its funds, according to a statement issued by the commission on Friday.
Among other things, the OSC found that JFM acted as a mutual fund dealer without being registered, failed to maintain proper records and failed to provide full and true disclosure about its investment funds.
The Juniper Equity Growth Fund was found to have provided prohibited loans, including more than $1.2 million that Brown borrowed and applied against the mortgage on his home, and held prohibited investments contrary to law.
Brown, as an officer and director of JFM, was found to have “authorized, permitted and acquiesced” in the various breaches…
Roy Brown, also know as Roy Brown-Rodrigues and the Juniper Fund Management Corp. were found by a hearing of the Ontario Securities Commission to have engaged in improper activities that “caused significant losses” to unitholders of its funds, according to a statement issued by the commission on Friday.
Among other things, the OSC found that JFM acted as a mutual fund dealer without being registered, failed to maintain proper records and failed to provide full and true disclosure about its investment funds.
The Juniper Equity Growth Fund was found to have provided prohibited loans, including more than $1.2 million that Brown borrowed and applied against the mortgage on his home, and held prohibited investments contrary to law.
Brown, as an officer and director of JFM, was found to have “authorized, permitted and acquiesced” in the various breaches…
From one industry that’s flying high because of the lower loonie, to a Canadian icon going through some turbulence, it was a busy week in financial news. The CBC’s Jacqueline Hansen gets you caught up in our weekly video recap.
Couple planning for children advised to sell rental property
– theglobeandmail.com
Debt-laden Robert and Bonnie, both 28, need a financial strategy that sets them on the right course, short and long term
One of Canada’s largest owners of chain restaurants plans to go public and sell shares on the Toronto Stock Exchange.
