How to go about securing the best return for your investment in Canada.
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Beware of scary Brexit headlines pushing you to buy gold + MORE Jul 11th
If you thought the Brexit vote was scary, check out the full page newspaper ad that recently appeared in The New York Times recounting all the horrors in the present tense, as if they were still unfolding: The vote “topples” the British government, “crushes” the pound and “wipes away” b.... More »
4 Interesting Tips to Remember When Investing in a Renovation Project May 2nd
Finding the right investments is something most people struggle with. There are so many different investment opportunities on the market, which makes selecting just one difficult.
For years, people have invested in rental properties, apartment buildings and a variety of another real estate. Often ti.... More »
Hot stocks: Canada’s top performers in Q4 2025 Jan 5th
Canadian stock markets slowed somewhat in the final quarter of 2025 but still posted gains to cap the year, driven largely by the surging materials sector. Metals and mining stocks represented nine out of the top 10 performers among mid- and large-capitalization stocks (see table below), the only ou.... More »
Rising price of oil helps TSX, U.S. markets climb higher + MORE Jan 3rd
Rallying oil prices helped push Canada's main stock index and its U.S. counterparts into record territory on Wednesday, while the loonie lost ground..... More »
More than 100 First Nations could purchase the Trans Mountain expansion pipeline Jan 15th
Indigenous leaders will debate this week which financial model is ideal if they are able to purchase the Trans Mountain expansion pipeline project..... More »
TSX falls as broader losses offset gains for gold stocks – Business Recorder (press release) (registration) (blog)
– news.google.ca
TSX falls as broader losses offset gains for gold stocksBusiness Recorder (press release) (registration) (blog)image TORONTO: Canada's main stock index fell on Monday as weaker crude oil prices and a broader sell-off in risky assets weighed on energy and financial stocks, overshadowing gains for gold stocks. The Toronto Stock Exchange's S&P/TSX composite …and more »
French ex-minister in court over tax fraud, money laundering
– canadianbusiness.com
PARIS – Jerome Cahuzac was the face of France’s fight against tax evaders — until he was forced to acknowledge that he himself was dodging taxes, hiding money in tax havens around the world.
President Francois Hollande’s onetime budget minister is now facing the prospect of prison as his trial — alongside that of his ex-wife and others with whom he had financial dealings — opened on Monday.
The 63-year-old is accused of financing a lavish lifestyle by fraudulently concealing 687,000 euros ($765,000) of income from French tax authorities in 2009-2012 and laundering money in 2003-2013 through foreign bank accounts based in tax havens including Switzerland, Panama, the Seychelles and Singapore.
Cahuzac, once considered a rising star in French politics, triggered the first political scandal under Hollande’s administration. He faces up to seven years in prison and a 1 million-euro fine if he is convicted of tax fraud.
The trial’s opening day attracted demonstrators who arrived at the courthouse carrying nearly 200 chairs they say they took from banks they accuse of participating in tax evasion…
President Francois Hollande’s onetime budget minister is now facing the prospect of prison as his trial — alongside that of his ex-wife and others with whom he had financial dealings — opened on Monday.
The 63-year-old is accused of financing a lavish lifestyle by fraudulently concealing 687,000 euros ($765,000) of income from French tax authorities in 2009-2012 and laundering money in 2003-2013 through foreign bank accounts based in tax havens including Switzerland, Panama, the Seychelles and Singapore.
Cahuzac, once considered a rising star in French politics, triggered the first political scandal under Hollande’s administration. He faces up to seven years in prison and a 1 million-euro fine if he is convicted of tax fraud.
The trial’s opening day attracted demonstrators who arrived at the courthouse carrying nearly 200 chairs they say they took from banks they accuse of participating in tax evasion…
Should this single mom rent or buy a Toronto condo?
– moneysense.ca
Q: I am a 38-year-old, divorced single female with twins who are seven. I am currently renting a three-bedroom condo in downtown Toronto. But I constantly debate the renting vs. buying decision. I currently earn $48,000 per year (which will go up as soon as I finish my schooling for a CPA in a year or two). I have a retirement savings plan at work with matching contributions from my employer. Currently, I am focusing on paying down about $7,000 in debt (should be payed off by the middle of this year), but wonder if I should then concentrate on buying a home or putting the money away in an investment? — Competing priorities, Toronto Ont.
Answer No. 1: There are a lot of factors to consider before you take the jump from renting to home ownership. You don’t want to end up in a situation where you find it difficult to make ends meet. Once you take into consideration some of the expenses associated with home ownership such as property taxes, maintenance, insurance and mortgage interest, you may find that renting is the better solution for you…
Chesapeake says it has no plans to file for bankruptcy
– canadianbusiness.com
NEW YORK, N.Y. – Chesapeake Energy sought to assure investors Monday that it is not planning to file for bankruptcy protection. The announcement came after a news report that said it hired a law firm spooked investors and sent its stock plummeting.
The natural gas producer said it is working with Kirkland & Ellis to “strengthen its balance sheet” and currently has “no plans” to file for bankruptcy. Chesapeake said the law firm has advised the company for about 6 years. On its website, Kirkland & Ellis says it works with clients to help with litigation, taxes, intellectual property and restructuring matters.
Chesapeake has struggled as natural gas prices have declined. The Oklahoma City company has slashed spending, sold assets and cut jobs to save money. Last month, it also ended dividend payments for its preferred stock, a move that saves the company $170 million per year.
The company is scheduled to report quarterly results later in February. For the nine months ended Sept…
The natural gas producer said it is working with Kirkland & Ellis to “strengthen its balance sheet” and currently has “no plans” to file for bankruptcy. Chesapeake said the law firm has advised the company for about 6 years. On its website, Kirkland & Ellis says it works with clients to help with litigation, taxes, intellectual property and restructuring matters.
Chesapeake has struggled as natural gas prices have declined. The Oklahoma City company has slashed spending, sold assets and cut jobs to save money. Last month, it also ended dividend payments for its preferred stock, a move that saves the company $170 million per year.
The company is scheduled to report quarterly results later in February. For the nine months ended Sept…
PARIS — Jerome Cahuzac was the face of France’s fight against tax evaders — until he was forced to acknowledge that he himself was dodging taxes, hiding money in tax havens around the world.
President Francois Hollande’s onetime budget minister is now facing the prospect of prison as his trial — alongside that of his ex-wife and others with whom he had financial dealings — opened on Monday.
The 63-year-old is accused of financing a lavish lifestyle by fraudulently concealing 687,000 euros ($765,000) of income from French tax authorities in 2009-2012 and laundering money in 2003-2013 through foreign bank accounts based in tax havens including Switzerland, Panama, the Seychelles and Singapore.
Cahuzac, once considered a rising star in French politics, triggered the first political scandal under Hollande’s administration. He faces up to seven years in prison and a 1 million-euro fine if he is convicted of tax fraud.
The trial’s opening day attracted demonstrators who arrived at the courthouse carrying nearly 200 chairs they say they took from banks they accuse of participating in tax evasion…
President Francois Hollande’s onetime budget minister is now facing the prospect of prison as his trial — alongside that of his ex-wife and others with whom he had financial dealings — opened on Monday.
The 63-year-old is accused of financing a lavish lifestyle by fraudulently concealing 687,000 euros ($765,000) of income from French tax authorities in 2009-2012 and laundering money in 2003-2013 through foreign bank accounts based in tax havens including Switzerland, Panama, the Seychelles and Singapore.
Cahuzac, once considered a rising star in French politics, triggered the first political scandal under Hollande’s administration. He faces up to seven years in prison and a 1 million-euro fine if he is convicted of tax fraud.
The trial’s opening day attracted demonstrators who arrived at the courthouse carrying nearly 200 chairs they say they took from banks they accuse of participating in tax evasion…
