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Should I invest in crowdfunded real estate? + MORE May 20th
Q: I’ve seen a lot of press lately on crowdfunded real estate investments. I’m wondering if this is a good way to invest in real estate if I don’t want to be a hands-on landlord?
— Curious about crowdfunding, Winnipeg, MB
Answer from Romana King, senior editor and real estate .... More »
Spanish rival launches 2nd takeover bid for Portuguese bank + MORE Apr 18th
LISBON, Portugal – Spain’s Caixabank is making its second attempt in just over a year to take control of Banco Portugues do Investimento, launching a crossborder takeover bid that values the Portuguese bank at 1.62 billion euros ($1.83 billion).
Caixabank, S.A., which is the Portuguese b.... More »
A wish list for Carney’s fall budget + MORE Oct 22nd
Statistics Canada’s midsummer report on Canadians’ disposable income showed an increase across all income quintiles in the first quarter of 2025, by a healthy average of 6% to 7% for the highest earners and 3.2% for the lowest. That was good news; the increases were above the inflation rate of 2.... More »
What every American should know before buying a home in Canada + MORE Jul 24th
Buying a home is one of life’s biggest financial decisions, but it’s also one of the easiest places to make an expensive cross-border tax mistake. For many families, purchasing a home represents stability, permanence, and the feeling of finally putting down roots. For U.S. citizens living in.... More »
Stocks keep rising, led by banks and technology companies + MORE Mar 30th
NEW YORK, N.Y. – U.S. stocks are rising Wednesday afternoon as banks and technology companies move higher. The market is making broad gains and building on a rally that started the day before. Stocks have reached a high mark for the year.
KEEPING SCORE: The Dow Jones industrial average rose 95.... More »
The Alberta Investment Management Corp. will share in a $219-million US settlement from Genworth Financial after helping lead a class-action suit against the U.S. insurance company.
Business Oddities: On Istanbul’s stock market, the Dude abides
– theglobeandmail.com
A weekly roundup of odds and ends from the world of business
GoldenTree in talks to sell stake in Postmedia
– theglobeandmail.com
U.S. hedge fund has hired investment bank Canaccord Genuity Group Inc. to drum up interest in sale
Donald Trump, left, and Hillary Clinton on Super Tuesday. (AP)WASHINGTON — Republican front-runner Donald Trump faces a week of critical primary elections that could see his political dominance grow at the risk of even wider party divisions in one of the most chaotic presidential campaigns in generations.
Perhaps most crucial is Tuesday’s winner-take-all contest in Ohio, where the billionaire real estate mogul is up against the state’s popular governor, John Kasich. Trump has called the governor “a baby.” Kasich has suggested that Trump and the violence at some of his rallies represent a “dark side” of American society.
Also at stake Tuesday are Illinois, Missouri, North Carolina and Florida, with the total number of delegates in play accounting for more than a quarter of the 1,237 necessary for the party’s nomination.
Texas Sen. Ted Cruz argues that only he can keep Trump from reaching the required majority of delegates, while Florida Sen. Marco Rubio tries merely to remain relevant, hoping home-state voters defy recent polls and give him a reason to stay in the race…
Glance: Trouble remains after colleges shed for-profit model
– canadianbusiness.com
An AP review on Monday found ongoing trouble at schools formerly part of Corinthian Colleges Inc., a for-profit career college chain that failed in 2014 amid allegations of fraud and mismanagement.
Here’s what the AP found about the schools’ new owner, Zenith Education Group:
—Key academic, legal and financial aid executives from Corinthian kept their jobs, casting doubt on the schools’ ability to break with the past. Some obscured their past work by scrubbing information from online social media profiles.
—Zenith’s flagship brand, Everest University, has been advertising academic programs that no longer exist. Admissions staff attempted to persuade people enticed by such programs to enrol in different fields.
—The law firm serving as independent monitor of the schools’ turnaround, Hogan Marren Babbo & Rose Ltd., is a frequent legal advocate for for-profit colleges. It was hired directly by Zenith and initially had an attorney-client privileged relationship with the company…
Here’s what the AP found about the schools’ new owner, Zenith Education Group:
—Key academic, legal and financial aid executives from Corinthian kept their jobs, casting doubt on the schools’ ability to break with the past. Some obscured their past work by scrubbing information from online social media profiles.
—Zenith’s flagship brand, Everest University, has been advertising academic programs that no longer exist. Admissions staff attempted to persuade people enticed by such programs to enrol in different fields.
—The law firm serving as independent monitor of the schools’ turnaround, Hogan Marren Babbo & Rose Ltd., is a frequent legal advocate for for-profit colleges. It was hired directly by Zenith and initially had an attorney-client privileged relationship with the company…
