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AIIB opens to lay down milestone for global economic governance - Xinhua + MORE Jan 16th
XinhuaAIIB opens to lay down milestone for global economic governanceXinhuaBEIJING, Jan. 16, 2016 (Xinhua) -- Chinese PresidentXi Jinpingaddresses the opening ceremony of the Asian Infrastructure Investment Bank (AIIB) in Beijing, capital of China, Jan. 16, 2016. (Xinhua/Li Xueren). BEIJING, Jan. 16.... More »
iPhone 14 Pro display problems due to software - Geeky Gadgets + MORE Jan 16th
iPhone 14 Pro display problems due to software Geeky GadgetsApple confirms iPhone 14 Pro display bug, is working on a fix Android AuthorityLots of People are NOT happy with the iPhone 14 — we asked them why Laptop MagApple confirms some iPhone 14 Pro displays prone.... More »
Can I still claim the principal residence exemption? + MORE Nov 6th
(Getty Images / Peter Dazeley)
Q: I have purchased a new home and have moved into it. I have finished part of the basement into a legal suite. I have not rented it out yet. My question is, if I rent the suite out will I be able to claim the primary residence tax exemption when I sell my home?
—Do.... More »
B.C. announces 3-day cooling period for home sales to reduce risk for buyers - CBC.ca Jul 21st
B.C. announces 3-day cooling period for home sales to reduce risk for buyers CBC.caB.C. homebuyer protection period announced amid real estate crunch CityNewsB.C. announces consumer protection policy for homebuyers in competitive market - BC News Castanet.netB.C. sla.... More »
From the C-suite of Nicky Senyard and Alana Levine: Letting go of money’s power, the worst advice and more + MORE Jul 5th
Even if you don’t recognize the company by name, you’ve likely used Fintel Connect’s services. As a marketing company for the financial industry, it tracks links and applications for things like credit cards, as well as social media and influencer marketing. CEO Nicky Senyard (above, right) fo.... More »
Canada Pension Plan Investment Board says it has a $12-billion deal to acquire the Antares Capital lending operation from the financial arm of General Electric.
Lululemon profits point to recovery
– canoe.ca
Lululemon Athletica Inc raised its full-year revenue and earnings forecast, the latest sign that the Canadian yogawear retailer was recovering from the turmoil caused by an embarrassing recall of overly sheer yoga pants in 2013.
Borrowing to invest can make sense—if you follow the rules
– canadianbusiness.com
(Illustration by Serge Bloch)It’s often said that fortunes are built with other people’s money. Like many business clichés, there’s a lot of truth to that maxim. There’s nary an empire around that didn’t get started with borrowed money. Individual investors can take the same approach. Borrowing money to invest, also known as margin or leveraged investing, is an increasingly common strategy in Canada. The appeal is that borrowing allows you to buy more securities than you’d otherwise be able to, magnifying your returns. The downside is just as obvious. If your investment goes south, not only could you lose your principal, but you’ll end up owing more money on top of that.
Canadians, however, seem more willing than ever to take the risk. At the end of January, institutional and retail investors had $19.2 billion invested on margin, according to the Investment Industry Regulatory Organization of Canada (IIROC). That was just a hair below the $19.4 billion in leverage recorded last September, which was a high-water mark in the 15 years that IIROC has been keeping track…


