6 simple ways to make your workplace equitable for women + MORE Mar 8th

TSX getting you down? There are always sound investment alternatives.
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Capital gains on subdivided land, and HST on vacant land Mar 10th

Our primary residence of three years is built on a double lot. We received a partial discharge of our double lot and built our house on it for cash. Do we have to pay any capital gains? We did not plan on doing this when we first purchased it. –Devon Is there GST on land sales? First, when you sel.... More »

What the U.S.-Iran spat means for financial markets and gasoline prices in Canada - Global News Jan 6th

What the U.S.-Iran spat means for financial markets and gasoline prices in Canada  Global NewsTrump already told us he sees war with Iran as a distraction from a faltering presidency: Keith Boag  CBC.caTrump doubles down on threat to Iran cultural sites  CTV NewsThe rea.... More »
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Toronto’s deflating housing bubble, in one chart + MORE Jul 7th

(iStock) Home sales in Canada’s largest city slowed down for the third month in a row, according to numbers released from the Toronto Real Estate Board. That came as new listings rose nearly 16 per cent, and active listings surged over the year before. The average house price still managed to inc.... More »

Free speech isn’t fair. So what? + MORE Mar 23rd

It’s hard not to admire the way this generation’s emerging right-wing thought leaders have leveraged campus trolling in the pursuit of fame and wealth. Set up a YouTube channel, speak some scintilla of truth—usually with a hint of anti-feminist or white supremacist sympathies—appear .... More »
Why financial services targeted at women are a huge opportunityA still from robo-advisor provider Ellevest’s new “Invest Like a Woman” ad campaign. (Ellevest)
Karin Mizgala wasn’t surprised when her friend, an educated woman with a PhD and a high income, told her that she hates thinking about money. It’s something the financial advisor and co-founder of Money Coaches Canada (MCC) gets all the time from women, and while she understands where they’re coming from, it still pains her to hear.
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Women control about 33% of the wealth in North America today, the highest share in history and a number that is growing roughly 8% per year. Even still, they are reluctant to invest their money at the same rates as men. According to one survey by Lean Vest, an online financial planning service, men are five times more likely than women to prioritize investing with the goal of growing their personal net worth…

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U.S. dollar and stocks rise as data boosts Fed hike bets

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Podcast 6: Wishing Upon a Morningstar

– CanadianCouchPotato.com

Are truly active managers more likely to beat the market than those who stay closer to their benchmark index? In my latest podcast, I discuss this idea with Christopher Davis, a strategist and researcher at Morningstar Canada.

The idea of active share was introduced in a 2009 paper called How Active is Your Fund Manager? A New Measure That Predicts Performance, by Martijn Cremers and Antti Petajisto. For example, a large-cap US equity fund that holds only half the stocks in the S&P 500 would have an active share of 50%. An index fund, by definition, has an active share of zero.
The researchers presented evidence that the most active funds “significantly outperform their benchmarks, both before and after expenses, and they exhibit strong performance persistence.” A year later, Petajisto published a follow-up paper called Active Share and Mutual Fund Performance, which included more support for the idea that the most active stock pickers can be expected to add value.
Both papers take aim at so-called closet index funds, which charge the higher fees one expects for active management yet differ little from their benchmark…

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6 simple ways to make your workplace equitable for womenA crowd gathers behind a statue titled “Fearless Girl” Wednesday, March 8, 2017, in New York. The statue was installed by an investment firm in honor of International Women’s Day. (AP Photo/Mark Lennihan)
On International Women’s Day, it’s easy to see why Canada—with our feminist Prime Minister and his gender-balanced cabinet—might be construed as a place where sexism is not really a problem. But let’s not kid ourselves: Canada is far from a bastion of workplace equity.
Only eight percent of Canada’s 100 largest companies are run by women, according to talent management firm Rosenzweig & Company. The Ontario Securities Commission reports that women comprise only 12% of board seats at TSX-listed corporations; nearly half (45%) of these companies have all-male boards. Just 19% of the CEOs leading the businesses on the 2016 PROFIT 500 ranking of Canada’s Fastest-Growing Companies are women.
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