How to go about securing the best return for your investment in Canada.
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Immigration Minister John McCallum: 6 challenges he faces - CBC.ca + MORE Nov 5th
CBC.caImmigration Minister John McCallum: 6 challenges he facesCBC.caNewly minted Immigration, Refugees and Citizenship Minister John McCallum will have his hands full with his portfolio. Here are six of the larger issues he'll be facing: Syrian refugees. The Liberal promise to bring in 25,000 .... More »
Yellen reports small dip in assets in 2014 to a range between $4.9 million and $13.4 million + MORE Mar 4th
WASHINGTON – Fed Chair Janet Yellen may have gotten a job promotion last year, but her total assets don’t appear to have gotten a bump.
Yellen’s financial disclosure form for 2014, which was released Tuesday, showed a net worth of between $4.92 million and $13.37 million.
On the hi.... More »
Are we on track to retire at age 50? + MORE May 18th
Retiring at age 50 can be a tall order as you are financing a retirement lifestyle that could be 40+ years long. Heather and Dereck hope to accomplish this in just 9 years. Is their savings plan enough?
The current situation
Heather and Dereck Irwin are both 41 and live in Woodstock, Ont. Heather i.... More »
The ‘hostile’ takeover offer for cannabis company Aphria is littered with red flags - MarketWatch Dec 31st
The ‘hostile’ takeover offer for cannabis company Aphria is littered with red flags MarketWatchStreetwise newsletter: Best reads of the week and year The Globe and MailAphria wrestles with hostile takeover bid by Ohio-based company Windsor StarAphria says hostile.... More »
How to stop procrastinating and cross two major money moves off your list + MORE Feb 11th
Dying intestate is a term that means someone has died without a will. Dying without a will means that the government gets to use provincial laws to decide how to distribute your estate and appoint your executor.—Willful.co, “Dying Without A Will In Canada.”
In 2013, my father took his own.... More »
Looks like a hedge fund? SEC examining potentially riskier ‘alternative’ mutual funds
– canadianbusiness.com
WASHINGTON – Federal regulators are scrutinizing a type of mutual fund that’s potentially riskier than conventional funds and is growing in popularity, prompting concerns over possible harm to ordinary investors.
The Securities and Exchange Commission has disclosed that it’s conducting a “national sweep exam” of so-called alternative mutual funds, focusing in a first phase on 15 to 20 groups of funds. The SEC official who heads the agency’s investment fund division says the review looks at the funds’ ready assets and oversight of them by fund boards.
The regulators also are examining data on the use of riskier investment strategies by alternative funds compared with what they disclose to investors, the SEC official, Norm Champ, said in a speech in June.
The alternative funds use investment strategies similar to those employed by hedge funds, which can include commodities and complex derivatives as well as ordinary stocks.
The Financial Industry Regulatory Authority, the security industry’s self-policing body, has issued an “investor alert” telling people to be aware of the characteristics and risks of alternative funds…
The Securities and Exchange Commission has disclosed that it’s conducting a “national sweep exam” of so-called alternative mutual funds, focusing in a first phase on 15 to 20 groups of funds. The SEC official who heads the agency’s investment fund division says the review looks at the funds’ ready assets and oversight of them by fund boards.
The regulators also are examining data on the use of riskier investment strategies by alternative funds compared with what they disclose to investors, the SEC official, Norm Champ, said in a speech in June.
The alternative funds use investment strategies similar to those employed by hedge funds, which can include commodities and complex derivatives as well as ordinary stocks.
The Financial Industry Regulatory Authority, the security industry’s self-policing body, has issued an “investor alert” telling people to be aware of the characteristics and risks of alternative funds…
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,274.23, up 12.59 points):
Torex Gold Resources Inc. (TSX:TXG). Miner. Up 11 cents, or 7.28 per cent, to $1.62 on 11.3 million shares.
B2Gold Corp. (TSX:BTO). Miner. Up nine cents, or 3.06 per cent, to $3.03 on 6.5 million shares.
Legacy Oil + Gas Inc. (TSX:LEG). Oil and gas. Down 28 cents, or 3.44 per cent, to $7.87 on 5.9 million shares.
EcoSynthetix Inc. (TSX:ECO). Chemicals. Up 10 cents, or 6.06 per cent, to $1.75 on 4.2 million shares.
Long Run Exploration Ltd. (TSX:LRE). Oil and gas. Down seven cents, or 1.28 per cent, to $5.40 on 3.7 million shares.
Eldorado Gold Corp. (TSX:ELD). Miner. Up 41 cents, or 4.63 per cent, to $9.27 on 3.5 million shares.
Companies reporting major news:
Aecon Group Inc. (TSX:ARE). Engineering. Down 37 cents, or 2.23 per cent, to $16.24 on 636,426 shares. The company posted a net loss of $12.2 million or 23 cents in its second quarter, attributed mainly to lower revenue and margins in its mining construction segment…
Toronto Stock Exchange (15,274.23, up 12.59 points):
Torex Gold Resources Inc. (TSX:TXG). Miner. Up 11 cents, or 7.28 per cent, to $1.62 on 11.3 million shares.
B2Gold Corp. (TSX:BTO). Miner. Up nine cents, or 3.06 per cent, to $3.03 on 6.5 million shares.
Legacy Oil + Gas Inc. (TSX:LEG). Oil and gas. Down 28 cents, or 3.44 per cent, to $7.87 on 5.9 million shares.
EcoSynthetix Inc. (TSX:ECO). Chemicals. Up 10 cents, or 6.06 per cent, to $1.75 on 4.2 million shares.
Long Run Exploration Ltd. (TSX:LRE). Oil and gas. Down seven cents, or 1.28 per cent, to $5.40 on 3.7 million shares.
Eldorado Gold Corp. (TSX:ELD). Miner. Up 41 cents, or 4.63 per cent, to $9.27 on 3.5 million shares.
Companies reporting major news:
Aecon Group Inc. (TSX:ARE). Engineering. Down 37 cents, or 2.23 per cent, to $16.24 on 636,426 shares. The company posted a net loss of $12.2 million or 23 cents in its second quarter, attributed mainly to lower revenue and margins in its mining construction segment…
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
