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The best 5-year variable mortgage rates in Canada + MORE May 1st
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The best 5-year variable mortgage rates in Canada
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This detached home in Toronto listed for $699,900 seemed like a steal. Why did no one bite? Jul 22nd
It could be a steal for a new family that doesn’t mind the size, but a real estate expert believes there could be some other underlying issues with the place that you need to watch out for..... More »
How to handle your finances when CERB ends + MORE Jul 31st
Nick was doing deliveries for a friend with a catering service prior to the pandemic. In March, he applied for another driving job.
“That would have fit well with my parental duties and freelance writing gigs.” he says. “The guy was ready to give it to me right then and there, but the company .... More »
CPPIB acquires 30-per-cent stake in BGL Group for $1.14-billion + MORE Nov 23rd
The owner of Comparethemarket.com was considering an IPO on the London Stock Exchange
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Singapore starts trial of ex-banker linked to 1MDB Fund + MORE Oct 31st
SINGAPORE – A private banker charged with money laundering and other offences in connection with the indebted Malaysian state fund 1MDB went on trial in Singapore on Monday.
Yeo Jiawei, a former wealth planner at Swiss private bank BSI, is facing 11 charges for allegedly obstructing the course.... More »
Pawtucket Red Sox owners: Providence ballpark would generate millions for city, state
– canadianbusiness.com
PROVIDENCE, R.I. – The new owners of the Pawtucket Red Sox minor league baseball team said Wednesday that a multi-use ballpark in downtown Providence would generate $12.3 million annually in spending for the city and the state but they would seek help from taxpayers — $120 million over 30 years — and ask to be exempt from real estate taxes.
Team president James Skeffington and consultants from Brailsford & Dunlavey unveiled artists’ renderings for a new waterfront stadium, along with an economic impact study commissioned by the Boston Red Sox affiliate. Their study shows the ballpark would create about $2 million annually in recurring tax revenue from sales taxes, income taxes and hotel taxes for the state and about $170,000 annually in incremental tax revenue for Providence.
For the first time, Skeffington acknowledged they would ask taxpayers to contribute $4 million a year for 30 years to rent the stadium and would ask for a 30-year exemption from city real estate taxes, saying the majority of ballparks are exempt from taxes…
Team president James Skeffington and consultants from Brailsford & Dunlavey unveiled artists’ renderings for a new waterfront stadium, along with an economic impact study commissioned by the Boston Red Sox affiliate. Their study shows the ballpark would create about $2 million annually in recurring tax revenue from sales taxes, income taxes and hotel taxes for the state and about $170,000 annually in incremental tax revenue for Providence.
For the first time, Skeffington acknowledged they would ask taxpayers to contribute $4 million a year for 30 years to rent the stadium and would ask for a 30-year exemption from city real estate taxes, saying the majority of ballparks are exempt from taxes…
Online crafts marketplace Etsy raises $267 million in IPO, prices shares at high end of range
– canadianbusiness.com
NEW YORK, N.Y. – Online crafts marketplace Etsy has raised $267 million in its initial public offering, pricing its shares at the top of the range it had predicted.
Etsy said Wednesday that it sold 16.7 million shares for $16 each, valuing the company at $1.78 billion.
The New York company sold 13.3 million shares, while its early investors sold 3.3 million.
Most of the shares sold in an IPO go to major investors like big asset managers. But Etsy had said that it planned for 5 per cent of the shares sold to be set aside for individual investors, including the people who sell their wares on Etsy’s site.
Etsy will list its shares on the Nasdaq under the sticker symbol “ETSY.” Trading is expected to begin on Thursday.
The post Online crafts marketplace Etsy raises $267 million in IPO, prices shares at high end of range appeared first on Canadian Business.
Etsy said Wednesday that it sold 16.7 million shares for $16 each, valuing the company at $1.78 billion.
The New York company sold 13.3 million shares, while its early investors sold 3.3 million.
Most of the shares sold in an IPO go to major investors like big asset managers. But Etsy had said that it planned for 5 per cent of the shares sold to be set aside for individual investors, including the people who sell their wares on Etsy’s site.
Etsy will list its shares on the Nasdaq under the sticker symbol “ETSY.” Trading is expected to begin on Thursday.
The post Online crafts marketplace Etsy raises $267 million in IPO, prices shares at high end of range appeared first on Canadian Business.
Video: Where is the Price of Oil Headed?
– blogs.wsj.com
ARC Financial energy economist Peter Tertzakian and TransCanada’s Corey Goulet joined WSJ Canada’s Elena Cherney at a recent WSJ+ event in Toronto to discuss why the global price war over oil will mean a choppy path to higher prices.
AshleyMadison.com, a dating website for cheating spouses, is planning a matchup with investors in London later this year to raise up to $200 million US.
Report on Caisse de dépôt CEO's earnings doesn’t tell the whole story
– theglobeandmail.com
Michael Sabia has shown restraint, and that’s admirable, but much of it was his choice based in part on his unusual personal circumstances
