How to go about securing the best return for your investment in Canada.
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Here’s how much more a TFSA can help you save + MORE Jul 11th
There were more than 11.7 million TFSA holders in 2014, according to the latest statistics available from the Canada Revenue Agency (CRA).
Slowly but surely, more and more Canadians are opening a TFSA to supercharge their savings (the 2017 TFSA contribution limit is set at $5,500).
The TFSA is very .... More »
Stock market news for investors: Transat, Empire and Algoma report earnings + MORE Mar 14th
These companies reported earnings this week
Transat A.T. Inc.
Empire Company Ltd.
Algoma Steel
Also read
.... More »
Why companies flush with tax-cut cash are spending more on share buybacks than wage hikes Aug 4th
Corporate earnings are on track for their best year ever, but at least some of the corresponding rise in stock prices is because of buybacks — a piece of financial alchemy that critics say has a downside..... More »
'Today at Apple' Sessions Suspended at All Apple Stores in U.S. and Canada Amid Coronavirus Pandemic - MacRumors Mar 13th
'Today at Apple' Sessions Suspended at All Apple Stores in U.S. and Canada Amid Coronavirus Pandemic MacRumors"World facing" 3D camera coming to at least one of this year's iPhones - GSMArena.com news GSMArena.comThe iPhone’s best feature might be coming to the MacBook soon&n.... More »
Judge rules against Trump in lawsuit challenging subpoena for financial records - Global News May 20th
Judge rules against Trump in lawsuit challenging subpoena for financial records Global NewsJudge rules Trump can't block subpoena of his financial records by Congress CBC.caU.S. federal judge rules against Trump in financial records dispute with Congress The Globe an.... More »
Boutique firms ‘absolutely essential’ to energy sector’s recovery
– theglobeandmail.com
FirstEnergy’s executive chair points to flurry of share issues from mid-size energy firms as proof of the role of boutique investment dealers are playing
The 6 best cities to buy a rental property
– moneysense.ca
Market appreciation, cap rates, quality of tenants, job growth, these are just a few of the factors that goes into determining whether or not a rental property is a good investment. Perhaps the most important measure—especially for new or smaller landlords—is cash flow. Based on the analysis from 2016 Best Deals in Real Estate: Where to buy now report, that was just released, here are the six best cities to buy a rental property based on average cash flow.
Of course, it’s always best to do your own research. For instance, do you want more information on whether or not a rental property is a good idea? What about information on whether or not a TFSA can be used to purchase a rental property? You may also want to educate yourself on how banks calculate debt ratios and how rental income is factored into these calculations. If you’re in the market to buy an investment property, you should also learn when to sell that property you may also need to ask yourself some hard questions, like are you really ready to be a landlord?
Read more from Romana King at Home Owner on Facebook »
The post The 6 best cities to buy a rental property appeared first on MoneySense.
SEC accuses Oregon firm of running Ponzi scheme
– canadianbusiness.com
PORTLAND, Ore. – The U.S. Securities and Exchange Commission has sued an Oregon company and its top executives on accusations they operated a $350 million Ponzi scheme.
The SEC says executives from Aequitas Capital Management told more than 1,500 clients they were using their money for investment purposes. The SEC alleges the executives instead used the money to fund their lucrative salaries, repay prior investors and pay expenses, including “a private jet and pilots, and dinners and golf outings for prospective investors.”
The suit filed Thursday in Portland comes a month after Aequitas announced layoffs and hired a consulting firm to wind-down the business. The SEC names three top executives as defendants, including chief executive Robert Jesenik, who founded the Lake Oswego-based company in the 1990s.
“I’m disappointed that the SEC has also chosen to rush to judgment about the company’s management and make sweeping allegations without the benefit of a thorough investigation,” Jesenik said in a written statement to The Oregonian newspaper, which was first to report on the troubles at Aequitas…
The SEC says executives from Aequitas Capital Management told more than 1,500 clients they were using their money for investment purposes. The SEC alleges the executives instead used the money to fund their lucrative salaries, repay prior investors and pay expenses, including “a private jet and pilots, and dinners and golf outings for prospective investors.”
The suit filed Thursday in Portland comes a month after Aequitas announced layoffs and hired a consulting firm to wind-down the business. The SEC names three top executives as defendants, including chief executive Robert Jesenik, who founded the Lake Oswego-based company in the 1990s.
“I’m disappointed that the SEC has also chosen to rush to judgment about the company’s management and make sweeping allegations without the benefit of a thorough investigation,” Jesenik said in a written statement to The Oregonian newspaper, which was first to report on the troubles at Aequitas…
Initial public offerings scheduled to debut next week
– canadianbusiness.com
NEW YORK, N.Y. – The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.
Week of March 14:
Hutchison China MediTech – Hong Kong, 6.1 million shares, priced at $16.33, managed by BofA Merrill Lynch/Deutsche Bank. Proposed Nasdaq symbol HCM. Business: Pharmaceutical.
Senseonics Holdings – Germantown, Md., 18.2 million shares, priced $3.10-$3.50, managed by Leerink Partners/Canaccord Genuity. Proposed NYSE MKT symbol SENS. Business: Developing a long-lasting implantable glucose monitor for diabetics.
Spring Bank Pharmaceuticals – Milford, Mass., 2.3 million shares, priced $13-$15, managed by William Blair/Wedbush PacGrow. Proposed Nasdaq symbol SBPH. Business: Early stage biotech developing therapies for viral diseases.
The post Initial public offerings scheduled to debut next week appeared first on Canadian Business – Your Source For Business News.
Week of March 14:
Hutchison China MediTech – Hong Kong, 6.1 million shares, priced at $16.33, managed by BofA Merrill Lynch/Deutsche Bank. Proposed Nasdaq symbol HCM. Business: Pharmaceutical.
Senseonics Holdings – Germantown, Md., 18.2 million shares, priced $3.10-$3.50, managed by Leerink Partners/Canaccord Genuity. Proposed NYSE MKT symbol SENS. Business: Developing a long-lasting implantable glucose monitor for diabetics.
Spring Bank Pharmaceuticals – Milford, Mass., 2.3 million shares, priced $13-$15, managed by William Blair/Wedbush PacGrow. Proposed Nasdaq symbol SBPH. Business: Early stage biotech developing therapies for viral diseases.
The post Initial public offerings scheduled to debut next week appeared first on Canadian Business – Your Source For Business News.
