Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
#5: Brane Inc. 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 »
Bank stocks and real estate exposure Oct 28th
Everyone expected the federal government would tighten mortgage rules to halt risky lending practices and curb unsustainable growth in the housing market. No one expected they’d be so tough. Here’s a look at what’s worrying officials about residential mortgages and which banks are most exposed.... More »
Big Banks Respond to Fintech Threat with Lower Bank Fees, Better Offerings + MORE May 31st
Disruptive technology is everywhere these days. From Uber, which has turned the taxi industry on its head, to Car2Go subbing for vehicle ownership and Airbnb replacing the average hotel room, these disruptive innovations are giving traditional businesses a run for their money. Now there’s fintech.... More »
Scotiabank Passport™ Visa Infinite* Review + MORE May 17th
Attention MoneyWise readers! Sign up for the Scotiabank Passport™ Visa Infinite* Card today and for a limited time, get up to 25,000 bonus points with your first $1,000 in everyday purchases in the first three months. That’s already $250-worth of rewards!
And for a limited time, get $75 IN.... More »
Warren Buffett Acquires $400 Million of Home Capital Shares + MORE Jun 29th
Warren Buffett, famed American investor and business guru, is coming to the rescue of Home Capital Group Inc., the Canadian alternative mortgage lender that has been in the news for months. Berkshire Hathaway, a subsidiary of Buffett’s company, has indicated it will buy $400 million worth of .... More »
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…
