How to go about securing the best return for your investment in Canada.
Latest News
Bond Yields Rise, Stocks Dip as Metals Push Higher: Markets Wrap - Yahoo Canada Finance Feb 22nd
Bond Yields Rise, Stocks Dip as Metals Push Higher: Markets Wrap Yahoo Canada FinanceWorld shares sink as bond yields, commodities surge By Reuters Investing.comGlobal Financial Markets Steady Early Monday Amid Rising Global Bond Yields FX EmpireWorld shares sink as .... More »
China's threats over Huawei CFO's arrest rattle Canadian business Dec 11th
As China continues to threaten Canada with unnamed “consequences” if it doesn't release the chief financial officer of Chinese telecommunications giant Huawei, some in Canada’s business community are openly worried about what’s coming next..... More »
Panic Monday: World stock markets plunge again as Trump doubles down on tariffs + MORE Apr 7th
On Friday, the worst market crisis since COVID slammed into a higher gear as the S&P 500 plummeted 6% and the Dow plunged 5.5%..... More »
Stock futures nudge higher to start the week with Fed meeting, key inflation data on deck - CNBC Dec 12th
Stock futures nudge higher to start the week with Fed meeting, key inflation data on deck CNBCDow futures slip, CPI and Fed meeting in focus By Investing.com Investing.comCNN Fear & Greed Index In 'Neutral' Zone After Dow Tumbles 300 Points - Blue Bird (NASDAQ:BLBD), Coupa .... More »
Fitch Downgrades Evergrande and Subsidiaries, Hengda and Tianji, to 'CC' - Fitch Ratings Sep 8th
Fitch Downgrades Evergrande and Subsidiaries, Hengda and Tianji, to 'CC' Fitch RatingsFitch Follows Moody's in Cutting China Evergrande Bloomberg Markets and FinanceEvergrande’s troubles shake China’s property bond market Financial TimesEvergrande Slumps Below 20.... More »
Canada needs to do more to protect data from U.S. in NAFTA talks: industry
– canadianbusiness.com
OTTAWA _ Concern is growing that federal negotiators aren’t doing enough to protect the personal information of Canadians from prying U.S. interests at the North American Free Trade Agreement negotiations.
Information technology companies and other digital economy insiders say federal negotiators appeared unprepared during this week’s third round of talks to counter an American proposal that would forbid the storage of sensitive data in computing facilities on Canadian soil.
Some warned that Canada appeared soft on the issue and might concede to the American demands in the interest of horse-trading _ to potentially win concessions on higher-profile areas of contention, such as autos and agriculture.
They say giving in to American demands to open up a freer flow of cross-border data would not only undermine domestic privacy rights, but hamstring the ability of emerging Canadian companies to compete in the growing digital economy.
At issue is so-called “data localization,” which would allow the government to protect the sensitive personal information of Canadians _ especially health and financial records _ from unwanted American intrusion, by storing it in Canada…
Information technology companies and other digital economy insiders say federal negotiators appeared unprepared during this week’s third round of talks to counter an American proposal that would forbid the storage of sensitive data in computing facilities on Canadian soil.
Some warned that Canada appeared soft on the issue and might concede to the American demands in the interest of horse-trading _ to potentially win concessions on higher-profile areas of contention, such as autos and agriculture.
They say giving in to American demands to open up a freer flow of cross-border data would not only undermine domestic privacy rights, but hamstring the ability of emerging Canadian companies to compete in the growing digital economy.
At issue is so-called “data localization,” which would allow the government to protect the sensitive personal information of Canadians _ especially health and financial records _ from unwanted American intrusion, by storing it in Canada…
The biggest losers from a trailer fee ban, a fresh stock that's gone stale, and a new dividend growth portfolio
– theglobeandmail.com
A roundup of investment ideas for active investors
Weekend Reading – Best dividend stocks, juicy yields, ICOs, millennials and more #money stuff
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.
Weekend Reading – Best dividend stocks, juicy yields, ICOs, millennials and more #money stuff Welcome to my latest Weekend Reading edition folks. Here is my lone article from this past week: I recapped the Equifax cybersecurity breach – and what you can do about it – now that potentially some of your personal data is…
We’re halfway there! Saving and investing our way to a million dollar portfolio. The article Weekend Reading – Best dividend stocks, juicy yields, ICOs, millennials and more #money stuff is exclusive to My Own Advisor. Make sure you check out My Own Advisor Dividends, Indexing and Deals pages to save hundreds or thousands of dollars every year. All Rights Reserved.
Weekend Reading – Best dividend stocks, juicy yields, ICOs, millennials and more #money stuff Welcome to my latest Weekend Reading edition folks. Here is my lone article from this past week: I recapped the Equifax cybersecurity breach – and what you can do about it – now that potentially some of your personal data is…
We’re halfway there! Saving and investing our way to a million dollar portfolio. The article Weekend Reading – Best dividend stocks, juicy yields, ICOs, millennials and more #money stuff is exclusive to My Own Advisor. Make sure you check out My Own Advisor Dividends, Indexing and Deals pages to save hundreds or thousands of dollars every year. All Rights Reserved.
Valeant Pharmaceuticals shares trading higher after $930M sale iNova business
– canadianbusiness.com
LAVAL, Que. _ Shares of Valeant Pharmaceuticals Inc. are up nearly six per cent after the company announced it has completed the sale of its iNova Pharmaceuticals business for $930 million in cash.
The Quebec-based company says it will use net proceeds of about $920 million from the sale to reduce its debt.
CEO Joseph Papa said the sale of iNova to Pacific Equity Partners and the Carlyle Group is also part of Valeant’s efforts to simplify its portfolio and focus on its core businesses.
The company’s stock (TSX:VRX) was up 96 cents to $18.05, 90 minutes after the start of morning trading.
Valeant shares have plunged since questions about its business model first emerged two years ago, when they traded for more than $300 per share.
The company has since faced a string of lawsuits, including one from its former chief executive, as well as swelling debt levels, losses of more than US$2.4 billion and scrutiny over its drug pricing practices.
Following the anticipated closure of the sale of its Obagi Medical Products business this year, Valeant says it expects it will exceed its August 2016 commitment to pay down $5 billion in debt before February 2018…
The Quebec-based company says it will use net proceeds of about $920 million from the sale to reduce its debt.
CEO Joseph Papa said the sale of iNova to Pacific Equity Partners and the Carlyle Group is also part of Valeant’s efforts to simplify its portfolio and focus on its core businesses.
The company’s stock (TSX:VRX) was up 96 cents to $18.05, 90 minutes after the start of morning trading.
Valeant shares have plunged since questions about its business model first emerged two years ago, when they traded for more than $300 per share.
The company has since faced a string of lawsuits, including one from its former chief executive, as well as swelling debt levels, losses of more than US$2.4 billion and scrutiny over its drug pricing practices.
Following the anticipated closure of the sale of its Obagi Medical Products business this year, Valeant says it expects it will exceed its August 2016 commitment to pay down $5 billion in debt before February 2018…
Financials give TSX a minor boost, loonie down amid flat GDP numbers for July
– canadianbusiness.com
TORONTO _ Canada’s largest stock index posted a minor gain today, while the loonie fell amid the latest GDP numbers released by Statistics Canada.
The S&P/TSX composite index advanced 16.69 points to 15,634.94, lead mainly by financials.
Statistics Canada reported that gross domestic product was essentially unchanged at zero per cent growth in July compared with June, a development that could head off more rate hikes this year.
The Canadian dollar was trading at an average price of 80.13 cents US, down 0.19 of a cent.
In New York, the Dow Jones industrial average added 23.89 points to 22,405.09. The S&P 500 index edged up 9.30 points to 2,519.36 and the Nasdaq composite index advanced 42.51 points to 6,495.96.
In commodities, the November crude contract was up 11 cents to US$51.67 per barrel while the November natural gas contract lost a penny at US$3.01 per mmBTU.
The December gold contract gave back $3.90 to US$1,284.80 an ounce and the December copper contract retreated three cents to US$2…
The S&P/TSX composite index advanced 16.69 points to 15,634.94, lead mainly by financials.
Statistics Canada reported that gross domestic product was essentially unchanged at zero per cent growth in July compared with June, a development that could head off more rate hikes this year.
The Canadian dollar was trading at an average price of 80.13 cents US, down 0.19 of a cent.
In New York, the Dow Jones industrial average added 23.89 points to 22,405.09. The S&P 500 index edged up 9.30 points to 2,519.36 and the Nasdaq composite index advanced 42.51 points to 6,495.96.
In commodities, the November crude contract was up 11 cents to US$51.67 per barrel while the November natural gas contract lost a penny at US$3.01 per mmBTU.
The December gold contract gave back $3.90 to US$1,284.80 an ounce and the December copper contract retreated three cents to US$2…
