Valeant CEO’s falling fortunes tied to company’s own tumble + MORE Mar 1st

The owner of the New York Stock Exchange, Intercontinental Exchange (ICE), says it is considering making a takeover offer for the London Stock Exchange (LSE).

Michael Pearson has seen his wealth erode along with many of his shareholders

Q: I am currently separated and I would also like to apply for the CPP benefit split. How much more CPP would I get doing this? How do I find out?
—Leona
A: CPP pension splitting is available to spouses who are applying to receive the Canada Pension Plan as a means to equalize their retirement incomes. But even those with former spouses should be aware of how they can proactively ensure that they are getting the CPP benefits that they deserve.
Contributions that were made by you and your former spouse while you were living together may be eligible to split and may result in an increase in your pension if you contributed less than your spouse during those years, Leona. In much the same way assets may be split in the event of a marriage breakdown, future pension entitlement–whether a private pension or the CPP–are also relevant for purposes of a post-marriage equalization.
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The relevant period of cohabitation for purposes of the pension split does not include:
– when one of you was younger than age 18;
– when one of you was older than age 69; or
– when one of you was already receiving the CPP retirement pension…

Maple Leaf Foods (TSX:MFI) ended 2015 with a $41.6-million profit for the full year, mostly from its fourth quarter, and will raise its quarterly dividend by 12.5 per cent.

OTTAWA – The Bank of Canada is issuing a warning about email and social media scams that are claiming to come from the bank.
Canada’s central bank says the scams are using its logos and letterhead without authorization and misrepresenting it.
The Bank of Canada says it does not accept deposits from individuals or on behalf of them, nor does it collect personal or financial information from individuals through email.
Beware of CRA phone scam »
The central bank also does not request personal or financial information through social media messaging applications.
The Bank of Canada says if you have concerns about any Internet-based communication that purports to be from the bank, you should delete the message and contact your local authorities.
It warns not to follow any links included in the message and instead access the Bank of Canada’s website by typing the address yourself.
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