How to go about securing the best return for your investment in Canada.
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Tim Hortons sees slow sales for 5th straight quarter amid franchisee dispute + MORE Feb 12th
Tim Hortons restaurants recorded a fifth consecutive quarter of sluggish sales, while its parent company Restaurant Brands International Inc. outperformed analyst expectations on profit for its fourth quarter.
The sales slowdown comes as about half of the company’s Canadian Tim Hortons franchi.... More »
Life for Hollywood murder - Castanet.net Jun 27th
Castanet.netLife for Hollywood murderCastanet.netA Canadian real estate tycoon's son who wrote a graphic novel that features gruesome killings was sentenced Tuesday in California to life in prison for the torture and mutilation of a live-in girlfriend who had given birth to their child weeks ea.... More »
Tesla Earnings Miss. Elon Musk Call Looms. (Live Coverage) - Investor's Business Daily Oct 22nd
Tesla Earnings Miss. Elon Musk Call Looms. (Live Coverage) Investor's Business DailyTesla Stock Falls Ahead Of Q3 Earnings -- Investors Brace For Big Reveal Yahoo FinanceProfits at Musk’s car company plunged again last quarter even as it sold more vehicles CityNews.... More »
Can you hedge against a market crash with ETFs? + MORE Dec 24th
Earlier in August 2025, I wrote a column outlining an alternative to the classic 60/40 stock-and-bond portfolio called the 40/30/30 portfolio. The idea was simple: allocate 40% to equities, 30% to bonds, and 30% to alternative asset classes that have the potential to move differently when both .... More »
One of Canada's biggest translation firms faces financial ruin amid a global trail of debts Feb 13th
Able Translations was once one of the biggest companies of its kind in Canada, but a CBC investigation has unearthed the vast extent of the firm's financial delinquency — and its machinations for dealing with it..... More »
An aversion to risk was evident in financial markets Friday after the attacks in Spain. Stock markets around the world were under pressure while traditional safe haven assets, such as gold, were in demand.
At the open: TSX slides as riskier assets shunned
– theglobeandmail.com
Wall Street starts flat
Using RRSP money for a renovation
– moneysense.ca
Q: My daughter and my husband bought a $400,000 property three years ago near Midland, Ont. My husband earns $59,000 annually and my daughter $16,000 (self-employed). They want to renovate the kitchen and eventually sell the home to make a profit on it. The mortgage is $319,000. My daughter wants to get a $30,000 loan from the bank but I don’t think they’ll give it to her. Right now, she has an RRSP with $39,000 in it. Should they use the RRSP money to renovate? When they sell the house they’ll likely realize a $70,000 profit, so is it worth it?
—Janet P.
A: Based on the home value and the mortgage balance, a loan or line of credit might not be approved at this point because the equity in the property is not yet high enough. (You are at 80% equity now). The lenders will also take both your daughter and husbands’ incomes into consideration—and not just the amount of income, but the source of the income as well.
Since your daughter is self-employed she will need to show the lender her past two years of tax returns to establish if she can afford the repayment of a loan…
