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How are bonuses taxed in Canada? + MORE Jan 16th
If you’re fortunate enough to get a bonus from your employer this year, or if you’ve recently earned a pay bump, how should you spend it?
Maybe that money is already spoken for. Many Canadians are struggling financially right now, so a bonus or salary increase might simply help cover th.... More »
Is bitcoin a good investment? A guide for Canadian investors + MORE Jul 28th
The dramatic rise and spectacular fall of bitcoin prices over the past few months grabbed front-page headlines across the world and touched off a social-media frenzy. Understandably, the crash rattled the crypto sphere. However, dyed-in-the-wool bitcoin bulls are quick to point out the volatility is.... More »
Compare the best GIC rates in Canada 2023 Jun 3rd
Investing
The best GIC rates in Canada for 2023
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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#5: Brane Inc. + MORE Feb 7th
In the unpredictable world of cryptocurrency, Brane has become a safe haven. The financial-technology company’s mission is to demystify the confusing and ever-changing landscape of digital assets—blockchain, crypto and non-fungible tokens included—for its largely conservative clientele.
Sin.... More »
Making sense of the markets this week: November 24, 2024 Nov 22nd
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Can’t stop the Nvidia train
Nvidia is now the world’s largest company. You know it’s growing quickly when there ar.... More »
Campaign signs are seen on lawns in the Toronto riding of Davenport on Canada’s federal election day on Monday, Oct. 19, 2015. More often than not, the biggest spenders did not win on Oct. 19, an analysis by The Canadian Press indicates. (Aaron Vincent Elkaim/CP)OTTAWA – Money can’t buy you votes.
Or so it would seem, according to campaign financial reports filed with Elections Canada by the men and women who were seeking a House of Commons seat in last fall’s federal election.
More often than not, the biggest spenders did not win on Oct. 19, an analysis by The Canadian Press indicates.
And while spending big bucks didn’t necessarily guarantee victory, not spending enough to at least stay competitive with rival candidates was an almost certain path to defeat, the analysis shows.
Of the top 100 spenders in the election, 47 failed in their election bids, with 12 of those losing to a competitor who also cracked the top 100.
The results among the top 50 spenders were even worse, with about three-fifths of them — 31 candidates in all — running unsuccessfully…
India boosts booming e-commerce sector
– theglobeandmail.com
Government moves to clarify rules and ease foreign investment, but new ‘guidelines’ do not benefit all players equally
News group claims huge trove of data on offshore accounts
– canadianbusiness.com
BERLIN – An international coalition of media outlets on Sunday published what it said was an extensive investigation into the offshore financial dealings of the rich and famous, based on a vast trove of documents provided by an anonymous source.
The International Consortium of Investigative Journalism, a non-profit organization based in Washington, said the cache of 11.5 million records detailed the offshore holdings of a dozen current and former world leaders, as well as businessmen, criminals, celebrities and sports stars.
The Associated Press wasn’t immediately able to verify the allegations made in articles that were published by the more than 100 news organizations around the world involved in the investigation.
However, the German newspaper Sueddeutsche Zeitung, which first received the data more than a year ago, said it was confident the material was genuine.
The Munich-based daily was offered the data through an encrypted channel by an anonymous source who requested no monetary compensation and asked only for unspecified security measures, said Bastian Obermayer, a reporter for the paper…
The International Consortium of Investigative Journalism, a non-profit organization based in Washington, said the cache of 11.5 million records detailed the offshore holdings of a dozen current and former world leaders, as well as businessmen, criminals, celebrities and sports stars.
The Associated Press wasn’t immediately able to verify the allegations made in articles that were published by the more than 100 news organizations around the world involved in the investigation.
However, the German newspaper Sueddeutsche Zeitung, which first received the data more than a year ago, said it was confident the material was genuine.
The Munich-based daily was offered the data through an encrypted channel by an anonymous source who requested no monetary compensation and asked only for unspecified security measures, said Bastian Obermayer, a reporter for the paper…
The financial secrets of heads of state, athletes, billionaires and drug lords have been exposed in the latest, and biggest ever, leak of records from an offshore tax haven.
