Barclays extends Canadian coverage by landing veteran Credit Suisse financier + MORE Apr 13th

TSX getting you down? There are always sound investment alternatives.
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Ontario Liberals promise free preschool child care in 2020 Mar 27th

TORONTO — Ontario’s Liberal government says it plans to offer free child care for thousands of preschoolers across the province starting in 2020, a promise that comes as it faces a looming spring election. Premier Kathleen Wynne, Finance Minister Charles Sousa and Education Minister Indira N.... More »
 stock split

Ecosystem Plays Continue To Dominate ($GOOG, $AMZN, $AAPL, $FB, $MSFT) + MORE Apr 28th

For years I feel like I’ve been discussing the “ecosystem play” and I certainly wish I had been able to buy an ETF that held all those plays. In this 2013 post, I didn’t include Microsoft but started including it in 2014 as it became clear it would successfully adapt to this.... More »

2017 Financial Goals – August Update + MORE Aug 22nd

Save, invest, prosper with My Own Advisor. 2017 Financial Goals – August Update For the last few years, I’ve posted some financial goals on this site…so we have a hope of realizing them.  I figure you can’t manage what you don’t measure.  Then again, goals can change over time.  Sometim.... More »
investment

Bill would allow Canada infrastructure bank to invest in cross border projects + MORE Apr 19th

A new federal agency designed to fuse public and private dollars to help build infrastructure in Canada could end up building new roads and bridges south of the border _ so long as they connect to the Great White North. The legislation for the Liberal government’s proposed infrastructure bank .... More »

How are you taxed when you sell a small business? + MORE Apr 11th

I recently sold my company last year for $160,000 and purchased it for $90,000 in 1997. Can you please help me with the tax on this? I have called CRA many times and no one knows this simple process.—Peter The types of taxes you owe when selling a small business Sorry you have been having tr.... More »
March 2017 Dividend Income UpdateSave, invest, prosper with My Own Advisor.
Welcome to my latest dividend income update.
For those of you new to these posts on my site, every month I discuss our approach to investing focusing on Canadian dividend paying stocks.  We believe buying and holding a number of Canadian dividend-paying stocks in our tax-free (thanks TFSA) and non-registered accounts will, over time, provide some steady monthly income for future wants and needs in retirement.
This month I’ll share my latest dividend income update and answer another reader question.
Reader: 
Hi, maybe you have covered this before but could you go over how you keep track of your investments and dividends to end up with your progress graph and your percentage and dollar estimates? I’m not a spreadsheet or tech kind of girl and this stuff baffles me Thanks!
Thanks for your question.
For these updates, I keep the math rather simple.  I keep a simple spreadsheet alive to track the following:

Asset owned
Dividend or distribution payment date
Units owned
Price
Payment amount
Payment frequency

You can find this spreadsheet along with other tracking tools and calculators on my Helpful Sites page…

Continue Reading On myownadvisor.ca »

After a failed bid in 2009, McKesson Canada has reached a deal to acquire Groupe Uniprix’s 330 pharmacies.
The value of the transaction announced Wednesday was not made public.
The agreement must still be ratified by Uniprix’s pharmacy owners at a May 16 vote as well as by the Competition Bureau of Canada.
Montreal-based McKesson Canada, a subsidiary of U.S.-based McKesson, already owns 275 Proxim pharmacies. If the acquisition goes through, it will have more outlets in Quebec than Groupe Jean Coutu (TSX:PJC.CA), which has 382.
Uniprix chief executive officer Philippe Duval said the chain, which has estimated annual sales of just more than $1.6 billion, is not in a precarious financial situation.
The transaction, he noted, is a matter of “long-term profitability” and will allow Uniprix to benefit from McKesson’s expertise in various areas, including the development of applications.
The Uniprix pharmacies will be run independently, the company will keep its Montreal head office and there will be no job cuts, said McKesson Canada president Paula Keays…

Continue Reading On canadianbusiness.com »

Curtains for Global Financial RegulationWith Trump in the White House, the G-20’s dream of world-wide bank controls is dead.

Continue Reading On online.wsj.com »

CTV NewsAsian stocks mixed as Trump talks hurt US dollarCTV NewsBEIJING – Asian stock markets were mixed Thursday after U.S. President Donald Trump withdrew a threat to declare China a currency manipulator. Trump's comment that the U.S. dollar was getting too strong helped push the yen higher, hurting Japanese …Trump, Xi converge on currency, Syria as US-China ties warmNews1130Trump's Currency Rulebook Seems to Give His Own Jawboning a PassBloombergTrump comments, North Korea fears sink dollar, bond yieldsReutersRTE.ie -CNBC -Nasdaq -Wall Street Journalall 169 news articles »

Continue Reading On Ctvnews.ca »

Investment bank hires equity capital markets head Erik Charbonneau, who will be based in Toronto

Continue Reading On theglobeandmail.com »

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